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RE: What caused the drop in Bitcoin? Hint: It might not be what you think...

in #bitcoin6 years ago

Basically the same process that has been used on the gold market for years.
Buy the market up, Sell off.
Sell market down, buy up. (take a little thinking to understand this one! Making money whilst driving a market downwards.)
But manipulation of any market is easy if you have 'enough'
The art is spotting the movements, riding the waves & earning.
Difficult / sad part is when "mum & dad" jump in uneducated. (read DOTCOM boom)