Manipulated busted, red handed! bitcoinsteemCreated with Sketch.

in #bitcoin7 years ago (edited)

I thought this was rather odd on Friday

The GBTC, bitcoin investment trust was selling off, despite bitcoin rising. For fun, the price stopped at exactly 800.0000.

Here is how bitcoin did that day

But here is how bitcoin did the next day, after the GBTC was closed

So the same big money who knew this bitcoin drop was coming, is the same big money that got out of GBTC the day before, i.e. the last trading day for the gbtc before this crash.

Good timing! Bitcoin was at resistance and had been going up for many consecutive days. Perfect time to coordinate an attack.

As far as the other coins that are down, it's hard to say if they are just getting suckered in by the bitcoin attack or if they attacked multiple coins.

When the time is right, the big money will buy this back.

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or just a major selloff by some "Big Stick" who's been holding since the early 2010's, which in turn fueled a fear induced sell-off.
Personally I just see it as an entry point...

isn't it a good thing to have a big fish in our tank, stirring up the water, causing waves?
it gives us opportunities to do some day (week) trading.
follow your money rules and #flow like water
https://steemit.com/thoughts/@passivetools/flow-like-water

224 views and I get 2 cents??? Other people get like whole dollars for that kind of action!

It comes across a bit spammy to link from a @dollarvigilante post to this one which has very little information and three images. Perhaps you could improve your research and beef up the story with some more facts. That's my guess, anyways. Good luck.

Then part 2 is just for you! https://steemit.com/bitcoin/@tornadojoe/part-2-of-the-bitcoin-manipulation-con

In my opinion if you need just a few facts to prove something, why stick in a bunch of extra facts? That would just waste time.

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