My gut told me this is a set up.
When I looked at where bitcoins were bought in the last few months, that was mainly the US.
Couldn't it be that big bank corporations have been buying the grandfather of cryptocurrencies to be able to dump them on the markets and thus causing it to crash? By buying them they've caused the private individuals to get in on the hype , then, when price started to drop, to cut their losses and implant doubt with these very individuals about the bitcoin blockchain.
I cannot prove this, but I do think big bank corporations have a vested interest in making bitcoin fail.
On the other hand, no matter how hard they'll try, Bitcoin will come through.
What are your thoughts, is Bitcoin price being manipulated?
All markets are being influenced by big corporations, in a good or bad matter, unfortunately there is nothing we can do about it. Just investigated those manipulations and capitalize of it.
Like with bitcoin, just buy now while it's relatively low and hold it till it's goes up again.
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All the coins are being manipulated, they always will be. Might not be the banks, but could be anyone these days.
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