Is the Bitcoin price being manipulated?

in #bitcoin8 years ago (edited)

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Hell yeah it is. The whole idea of Bitcoin and the underlying technology blockchain is so powerful that the world has never experienced even the thought of it before. For example, sending money from one part of the world to another 24/7 no matter how big the amount safely and securely, is just mind-boggling.

Believing that no sharks, whales, consortiums and what not would show no interest in a very limited supply crypto and self deflatory would be very naive. Hugh amounts of money, just parked doing nothing, has been put in place and unfortunately, that is what the cryptomarket is experiencing.

Not for long though, there is a major buying volume settled on 8k to 9k and a sell order at 11k to 12k. Eventually the whales will exhaust and then the market that would blast off with a major bull run, never seen before, and then we can profit if we hodlin tight.

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