The banks manipulate it for the government. We're pretty much at the September 2017 overall market cap. The banks slowly started getting in at the end of September 2017 and are well out now. Until they start getting back into it we're not going to see much real movement. Yesterday we saw the whales bump the price up for cash outs. Alt's go up then BTC goes up for the cash out conversion. Not a good time to see where BTC really is until the festive period is over.
Considering Bitcoin and other top 5 cryptos can easily plummet in price based on unsubstantiated rumours on Twitter, I don't buy the "can't be manipulated" argument at all.
It is very easy to manipulate Bitcoin. All it would take is for the government to put in a $1 billion buy order, watch the market and bots go crazy, the price skyrockets and then dump that $1 billion and watch the bots and market go crazy as the price plummets.
If kids on Twitter and rich whales can manipulate Bitcoin, it would be a piece of cake for the US government to do the same.
This asshole is tied to another asshole. If he thinks bitcoin is good, then I say it's bad. Why is it that criminals like him peddle bitcoin? Because they can commit crime and get paid for it without being sactioned. I wish bitcoin becomes a legitimate currency someday in future and I hope bitcoin community shun criminals like Very, Wu, Putin, Assange, Flynn etc.