Exactly man. This blatant manipulation scared away normal people. That's not good. We need more money pumped into this market in order to get it more liquid.
Market manipulation
That was my biggest fear: that they are doing it on purpose to scare the normies away.
I mean fucking 2k up in 5 minutes on BTC chart....even complete newbie will think it's weird.
But in order to stay in the market I had to assume something.
So I assumed that they are trying to lure the normies in.
Then I go to read what Norman media are talking about and it's nothing but bitcoin cash....
Tin hat on- what if they are trying to force the flippening?
And if they suceed, that's fine. But they tried this shit in March ( the entire 12k pump shit that was less obvious, but it was still there) and failed.
Holy fuck. Just invest in BitBean, you dumbass bitch. Sick and tired of all these "oh no my coin is manipulated" talk. Everyone knows that the mean green bean may seem to lean but in a couple years it will team the deans peen. Dumbass bitch.
Sorry user the response was to To you I will say: he was right but what we are seeing is shit volume with pumping price against all indicators.
So I guess someone is trying to scare people away.
I'm not sure how shorts and longs are doing on Bittrex now but O would bet that less and less actual retail buyers dares to use leverage. In which case.... my fears really are confirmed.
Still BTC may pump to above 10k because that's their objective.
Because it's a new move it may take time to get used to that. Previous manipulations ( or trading as usual in crypto) were easy to predict. Someone changed the pattern and so I'm not sure where it's going.