Bitcoin crashed $9,000 in the last 24 hours (but has rallied today) and was down as much as 37% just in the last 10 days. Many other major alt coins, besides Ripple, are also down a lot lately http://www.zerohedge.com/news/2017-12-22/cryptocurrency-heatmap-sea-red.
Do you think that a lot of this has to do with manipulation from the different Bitcoin futures contracts offered by the CBOE and the CME or is this mostly based on normal profit taking before the end of 2017?
Is Bitcoin now being manipulated exactly like gold and silver are? http://www.zerohedge.com/news/2017-12-22/bitcoin-gets-gold-treatment-futures-roll-over-fomo-crowd
These 2 Bitcoin charts from Craig Hemke aka Turd Ferguson of the TF Metals Report show the impact of Bitcoin futures contracts on Bitcoin prices:
1) https://twitter.com/TFMetals/status/944050515905794048
2) https://twitter.com/TFMetals/status/944218569692368896
Mystery trader bets on Bitcoin hitting $50k in 2018 http://www.zerohedge.com/news/2017-12-21/mystery-trader-places-massive-bet-bitcoin-will-hit-50000-next-year
Bitcoin permabear, Peter Schiff, says after Bitcoin’s recent crash it will end up at zero http://www.zerohedge.com/news/2017-12-21/crypto-carnage-continues-bitcoin-down-5000-record-highs-schiff-says-mark-it-zero
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