Another attempt to manipulate the market

[Pokapoka124]

Who else saw the news? I think this was a  ploy to drag the price of bitcoin down and I dare say it worked. Turns out not a lot of bitcoin investors really understand Bitcoin and how it works else such news wouldn't be causing much panic.

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[dansus021]

Who else saw the news? I think this was a  ploy to drag the price of bitcoin down and I dare say it worked. Turns out not a lot of bitcoin investors really understand Bitcoin and how it works else such news wouldn't be causing much panic.

The link? in my experience world news is drive forex,stock,commodity market and also crypto up and down and its happen everyday, rememeber the SEC and Ripple or the President Election happen to forex just like that

[Yogee]

..... Turns out not a lot of bitcoin investors really understand Bitcoin and how it works else such news wouldn't be causing much panic.

A lot of people who are buying bitcoin now doesn't even understand about transaction fees and why it's taking time to send funds. They are in it for the money so their reaction to this false news doesn't surprise me.

Interestingly, it turns out Cointelegraph doesn't know what they are talking about too despite being a crypto news site. They're suppose to know more about this matter more than these investors.

[LogitechMouse]

We've known cointelegraph as a website who are posting negative and positive news regarding Crypto.
They don't know what they are talking about and this is probably a paid article from some rich people out there so they can enter the market.

Whatever they post with, we know that this is just a manipulative strategy from the people out there and lets just not fall into this kind of traps that they are doing.

[ranochigo]

No one in the right mind accepts a $22 million with 1 confirmation when there's obviously a competing fork alongside it. I'll say 6 confirmations at least and at that point, trying to outpace the entire network would just be burning money. This is NOT a double spend attempt in any malicious manner, conflicting transactions were mined in two competing forks and one of the chain eventually won. There was no evidence that this could have been planned, either forks would have won easily.

I'd say that the news headline took some random responses on Twitter and threw it on their headline to either buy some cheap Bitcoins or to get more traffic. Depends on which you believe.

[Maestro75]

We've known cointelegraph as a website who are posting negative and positive news regarding Crypto.

If the site posts that way, it is good then. It shows it is not one sided. It sees good and writes about it and then sees bad and also writes about it. We know that it is not all the time that bitcoin has good news coming from it and such negatve news should also be reported. It is not something bad reporting it. Objective reporting is good journalism.

[pakhitheboss]

Still they were not able to drag the price below 30k as most investors have been in this business for a couple of years now. Those who invested in Bitcoin during the recent Bull run were the ones who panicked and sold it. Now they will regret there decision. They thought that Bitcoin will reach 50k on a short span of time and they will make good profit because they were here for the money and not the concept.

[Kakmakr]

Google "Cointelegraph market manipulation" and you will see several articles where they apparently found some groundbreaking news about BTC and market manipulation. We saw how these Crypto news sites took sides in the fork battles and some opted to support Bitcoin Cash and some went with Bitcoin (BTC) ....so most of these people are not biased and they are pushing some agenda on their sites.

So, I am not saying Cointelegraph are posting this to manipulate the BTC price, but over a long period you can actually see what their agenda is and what coin these sites support.

I personally think the "Yellen" statement scared some of these institutional speculators.. because they scare very easy. 

[irixo10]

Many people heard that Bitcoin is pumping, heard many good things about it and they come running to invest without first understanding what they need to know, hence when they come across any negative news they click the sell button, and when it turns out to be false, they come running again to buy, this has been how most people works but it doesn't matter because after everything they will still come to realise that with even the negative news, Bitcoin is not yet giving in. Yes, you are right, many people needs a small opportunity to manipulate and bring down the price of Bitcoin so that they can buy, but funny enough it didn't last for long thus proving it to be nothing but some kind of manipulation.

[cryptomaniac_xxx]

This is just another case of crypto journalism at it's worst. We have seen this before, specially in 2017 that we can conclude that those authors didn't do any research and will just post random non sense and create panic. Although majority of investors have matured, there could be some newbies that might have impacted by this news and sell their BTC. At any rate though, this negative news has been exposed as false, so who cares.

[pooya87]

Another attempt to manipulate the market

This is not "another" attempt, it happened 3 days ago where market also was manipulated and panic sellers dumped and it is over now. This is not the first time  this shitty site known as "cointelegraph" publishes some nonsense with a lot of misinformation trying to fool newbies.

[CryptopreneurBrainboss]

Interestingly, it turns out Cointelegraph doesn't know what they are talking about too despite being a crypto news site. They're suppose to know more about this matter more than these investors.

Don't be surprised if they had all this planned out. They reported the news exactly how they wanted but their intentions weren't successful since it didn't have any impact on the market. It's no news the big news firms are taking advantage of their wide range of audiences to try manipulating the market. This isn't the first attempt from this particular news media and surely won't be the last.

The reaction from the market proven the market is steadily coming off age, it's maturity is becoming stronger as the days goes by and soon the small fuds affecting the price movement of the market won't have much impact anymore.

[Kittygalore]

This is not "another" attempt, it happened 3 days ago where market also was manipulated and panic sellers dumped and it is over now. This is not the first time  this shitty site known as "cointelegraph" publishes some nonsense with a lot of misinformation trying to fool newbies.

I get that they will get some traction when they do this and in turn give them publicity but to go as far as lie to get some audience is the most mainstream media stereotype that I have ever seen, the truth in news really did die a long time ago, sensational/panic inducing news is the best way to get some audience nowadays.

[Twinkledoe]

This is not "another" attempt, it happened 3 days ago where market also was manipulated and panic sellers dumped and it is over now. This is not the first time  this shitty site known as "cointelegraph" publishes some nonsense with a lot of misinformation trying to fool newbies.

I get that they will get some traction when they do this and in turn give them publicity but to go as far as lie to get some audience is the most mainstream media stereotype that I have ever seen, the truth in news really did die a long time ago, sensational/panic inducing news is the best way to get some audience nowadays.

That's what media is for. Confuse the already confused readers.  It is now our responsibility how to filter fake vs factual news. Don't rely in one source only. Sometimes you can get a lot of other missing info in other articles. So better not be lazy in finding the truth.

[Question123]

A big investors or companies can manipulated the market because they have big funds or have a lot of bitcoin so once they sold out all they bitcoin the price dump and once it drops the value people panic selling and that is the time they enter again the market to buy cheap bitcoin and once they reach again their target or their plan they do this again. This strategy is not new to us because there is a lot of people who do that and we as small investors will be suffer in the end so we need to maintain holding and not panic.

[kentrolla]

I never expected these type of big corrections the price drops 10k and again it starts to perform is quite remarkable, whales are everywhere and in every part of market if you have planned it for long-term why need to panic or worry.

People are investing in various methods these days one of my friend sold it at high and again he bought at 32k and again when it went to 37k he sold it again, buy/sell is happening continuously what I am trying to say is there are many who are doing short term investment and making profit as well and I would say its a kind of smart work.  It's all depends on how we take.

[blockman]

Just another push to make the market put into their hands at the cheapest price that they can do through article topics that show negative about bitcoin. And, they seemed to be successful doing that because they've moved the market and put it on sale again. While the price went down, those institutions and people who have waited for it below $30k had a fair share and took themselves bitcoin at that price. We can say that there might be the same news coming whenever bitcoin recovers.

[masterrex]

I think It happened for a reason and if it is a kind of market manipulation I believe they are not successful because the market was already normalized now, The triggered sell-off is made by the unprepared institutional Investors who easily dragged with the FUD caused by an article that was published by CoinTelegraph. and we cannot blame them because I believe that they are not familiar about the Bitcoin function including technicalities.  

[Fundamentals Of]

Another attempt to manipulate the market

This is not "another" attempt, it happened 3 days ago where market also was manipulated and panic sellers dumped and it is over now. This is not the first time  this shitty site known as "cointelegraph" publishes some nonsense with a lot of misinformation trying to fool newbies.

I don't know if Cointelegraph is intentionally publishing this news bearing a big misinformation to try to fool newbies. I think the writer of the article himself is not really certain of the story he is writing. I bet he doesn't really understand what had happened, that it was not actually a case of double spending. He was probably just trying to make a name for himself by creating a big issue of something which did not really occur.

[Taskford]

Who else saw the news? I think this was a  ploy to drag the price of bitcoin down and I dare say it worked. Turns out not a lot of bitcoin investors really understand Bitcoin and how it works else such news wouldn't be causing much panic.

Actually many investor got used to this news everyday that's why many ignores it since they know that this is fud created by certain individuals who want to create panic and benefit with it although we still need to be careful since somehow that tactics is quite effective for them and they are earning with it so we also need to do a good decision upon dealing on this.