Are the prices of Bitcoin, Ethereum, Litecoin, and Ripple currently being manipulated by big investors?
Goldman Sachs foresees Bitcoin to hit $4000 before the end of the year 2017.
Bitcoin Could Hit Near $4,000: Goldman Sachs’ Chief Analyst
Admit it’s quite tempting for investors to buy bitcoin now. The market is not directly manipulated but indirectly by those big guys.
Also I guess it’s quite common to manipulate the prices on an intraday basis. In this industry, many people have insider information. And because nothing is regulated, it’s legal to do so.
Yes, they are. Even Bitcoin has its whales. But Goldman Sachs sucks, they came late and now they pretend they know although they missed the train.
Coming late is inconsequencial, with the price projection and current depressed status of bitcoin they are better positioned to make more money in it than those that started it.