Bitcoin Manipulation??? Price Suppression??? 😱😱😱

in #cryptocurrency7 years ago (edited)

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There are 4 key areas to watch in the Crypto-Market. In case you didn’t know, the Cryptocurrency market really focuses on 3 major aspects. As of now, we must consider a 4th one.

A.) Technical Analysis
B.) fundamental Analysis
C.) manipulation

Technical Analysis is what we generally look at to determine prices in markets and find trends through indicators and price action that lead us to determine whether not prices are going to go up or go down.

Fundamental analysis is the same thing. Essentially, it goes off of fundamental principles rather than technical indicators. A company example, fundamental analysis would pertain to what their quarterly earnings were. How many consumers and customers does the business have? What’s their target market? Where do they stand compared to other competitors? As a result, this concludes the fundamental things that we can consider instead of using technical numbers in regards to trading.

There are a lot of different forms of manipulation that happen in markets. There’s something called “Spoofing” which is where you make fake orders in the orderbook. Let’s suppose that there’s have a lot of liquidity in the market. They could set extremely large amounts of orders that were above market price ready to sell, but would cancel the orders before they would execute. This is known as “Spoofing” because it keeps the idea that there is a lot of bitcoin ready to sell on the market. However, it could be the opposite, $50 million worth of bitcoin ready to buy into the market so prices start leaping up again. This is an illegal action, but it happens more often than you think in the crypto space.

There is another called “Wash Trading”. This is where an individual will buy and sell on the same account on many crypto exchanges or on two connected accounts. They are fully aware of the trades going on and they know by doing this there’s not going to be a negative price cancellation. Nonetheless, they are buying and selling the same asset and the gain or loss on the other end would be equalized because it’s the same user trading. However, both of these are illegal actions and they happen all the time.

The other aspect that I’m going to talk about is called the “Cartel”. The main objective of the cartel is to do price suppression. So, in some ways this isn’t exactly manipulation. I don’t want you to be misled by that. It’s the idea that they can conceal an asset through a different means. Their focus involves trying to keep the price down to provide a buying opportunity for them or to keep other competitors out of the picture. That’s the narrative of it all.

These pictures are taken from the internet below.

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The big institutions such as banks, hedge-Fund corporations have integrated themselves and are the big players in this. However, they are using bitcoin futures as well as media and other different forms to keep price lower and to keep “FUD” in markets. As you can see the charts above indicate when you have a lot of negative news the price decreases. As a result, the media can cause price suppression. What are your thoughts on this? What is your response?

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