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RE: They Will Make You Hate Bitcoin - Post Removed!

in #crypto7 years ago

one problem of bitcoin is that all of it is worth less than 40 billion dollars, so any number of billionaires banks institutions or organizations could easily buy or sell enough to manipulate the price.

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This is true @fanbobby51

I am of the opinion they have done this already and based on Super Crypto's post this is exactly what happened.

Cartel heavily bought Bitcoin at the exchanges starting from 2K all the way unto 12K

it could be a cartel or just one guy because it does not take much money.