ATTENTION! Bitcoin is being manipulated by the top 1%

in bitcoin •  7 years ago 

I am no conspiracy theorist thats paranoid of illuminati or top 1% manipulation, but some recent new came out that I'm going to share with you that may have contributed to bitcoin's long range of volatility. Some of you may have heard already if not I'll be the first one to mention it. The FTC (Federal trade commission), that regulates all trades in US including the stock market and foreign exchanges, has begun an investigation on some very rich people that may have contributed to bitcoins extreme volatility. in fact this news has made bitcoin go down a big percentage.

We're here talking about 100 million dollars worth of trade between a group of individuals. Sell order extremely high, fake sell order, fake accounts worth several million dollars. If you're like my self trading only about several hundred dollars along with around 80% of the rest of the US 100 million dollars worth of sell orders at once will disrupt the market between everyone, because it will take many buy orders of that amount to complete that sell order. Sometimes they weren't even real sell order, in some cases they are fake sell order only to jack the btc price up.

Finally the US government is stepping its foot in the door and some countries are stepping out once they heard the US got involved. More news will be released later but for now this is all I have.

For myself I will be taking advantage of the the new drop, because I believe once the criminals are put to justice the good will come and everyone will see bitcoin's true potential.

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