Well… as I said, hopefully whoever is continually (apparently) making sure the value of the coin does not go up significantly, will stop their crapola and let things go as they would “naturally”.
It is already going what it would do naturally… There is nobody keeping anything down…
Describe to me your reasons why it should go up from here? Why that would be “natural”?
There was a long stretch where the value kept plummeting, and and there were thousands of coins being purchased with some “whales” putting in sells of millions of coins… this is a way to make sure the value never goes up very high… this is just one example… now it appears these whales are reversing course a bit… but they are definitely manipulating things.
Yeah they want to cash out, that is only reasonable, completely natural when they just got 10.000-100.000% return in many coins in 2017 - when things go down, they get scared and want out. Nothing manipulative about that. It is not just whales, but the normal behavior of anyone, with any amount - so you sell on rallies, specifically when you have a large amount since you move markets, you need to wait for the orders.
The market is not controlled by whales, they are just as clueless on a average basis as everyone else.
If you dont like being the payday and exit strategy of someone else, then dont buy in at All-time-highs lol.
@eric_hillis0…I feel your pain, but try to think of it this way…IF you would have bought just about ANY other coin instead of ADA when it was 70 cents, you would STILL be down a substantial amount of cash…most coins have lost over 40% of their value since ADA was 0.70 cents…hold on to your ADA, the ROI will come in…
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I don’t think it is so natural as you like to say… right now the value somehow “coincidentally” is being reverse pegged to the value of bitcoin… as Bitcoin is dropping, it is going up so that the $ value stays at exactly 0.22 … how is that happening “naturally”?
Its just a coincidence. 90% of volume is done against BTC and KRW… When you are looking at the USD chart, you are looking at a chart that is being build upon the two others… No one is trading in USD.,
Look at a chart against ADA/BTC instead that is where the trading is done, or ADA/KRW… There will be cycles where people are buying ADA/BTC, just as we saw right now, at the same time BTC is dropping which will make the $ value stay still as BTC is dropping.
As jb455 stated, Bitcoin (or ETH) is usually traded for ADA…not USD. I think the only country that (right now) can trade ADA for fiat is Korea
yup the ADA/KRW pair which accounts for like 70% of the total volume
We have been dropping against BTC for ages, eventually we have to reverse, even if it is just for a short-amount of time - but it is a good sign that we are slowly detaching… But will prob take more time before we reverse from the overall trend against BTC.
OFF
Why? Isn’t the earth flat? Darius Slay told it is, and he is a legit NFL player, therefore I believe it. So, prove it, if itsn’t.
ON
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Yep, and those who destroyed built an even stronger one.
Do not be fooled more than we have already been.
@JamPhish is right… The CIA invented the term “conspiracy theory” so you would quit believing all the horrible stuff the government does. If you believe central banks aren’t manipulating the crypto sphere, it’s you who needs to get educated, or red pilled (as us “nuts” call it).
Edit: Just figured I would prove my claim… https://www.paulcraigroberts.org/2016/08/24/the-term-conspiracy-theory-was-invented-by-the-cia-in-order-to-prevent-disbelief-of-official-government-stories/
Just keep believing non-sense - central banks are incompetent, not inherently evil. The same goes for government.
Does that mean that government does not get involved with secret or even shady things that takes place within a subset of government? No, it doesn’t and often they get caught. Because government is incompetent in doing things successfully. That is the exact reason no huge-large-scale-conspiracy can take place.
99.99% of all conspiracy theories floating on the internet are absolute non-sense. Will there be truth to some of it within, yes.
I won’t even debate with this kind of ignorance.
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I have gone over so much stuff in the conspiracy world, and Ive debunked everything Ive come across rather easily. Thats why I know 99.99% of it is BS… Because the people spuring this non-sense have no logical or critical thinking and somehow WANTS it to be a conspiracy… and if you WANT it to be a conspiracy that is what you will find. I am open minded to both outcomes. I dont care if it is a conspiracy or not, I just want the truth. Most people are so gullible that they will accept anything, just that something “sounds good” instead of actual reality.
Flat earth is a great example, a lot of it “sounds good to the uneducated” but when you apply science and logic everything gets destroyed. Flat earth is an extreme, but a great example that you how easily you can fool masses of people with the highest degree of non-sense.
Flat earth is a joke planted by the very same people you call incompetent and not evil. Do some idiots believe it? Of course… To say that you’ve debunked 99.99% of the cobspiracy theories on the net is just a ridiculous as flat earth though, so where does that put a narcissistic person like you? You’re in here claiming to have all the answers and you don’t really have a clue. LARP much?
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I didn’t say I had debunked 99.99% of everything, but the sample size Ive come over is a lot, and none of it held up under any type of scrutiny and I found the community as a whole and any major figureheads completely untrustworthy to be relied upon on any kind of information. As I said, when you have enough theories, something is bound to be true.
But go ahead and live in your bubble world of conspiracies that is your freedom to do so, but it will hold you back in actually discovering real world mechanics of why the world is as it is. Many use “conspiracy” as a replacement for something they dont understand… Bitcoin is going down… Must be a conspiracy… Silver going down… Must be a conspiracy… 9/11 I dont understand it… Must be a conspiracy… Central banks… I dont understand it… must be a conspiracy… etc etc…
The fact that you cant accept that “flat-earth” is just mass-stupidity of people rather than also just being another conspiracy is proof of this… You are choosing the most unlikely of scenarios… Where is your proof of this? Because it is not logically sound… Did they plan this conspiracy a 100 years ago?? because flat earth theories are nothing knew… It just got hyped because Conspiracy peddlers needed new material to waste their time on… 9/11 got boring… Illuminati and NWO got boring… on to flat earth… and in a couple of years something new will be trendy.
The implementation of fractional reserve bank and a independent central bank does make a lot of sense when you have a FIAT system… The only problem is, it is not independent and got in bed with the government. But again this is out of sheer incompetency… The people at the Federal reserve are not evil, they are just stupid and misguided… They believe in their theories and Keynes and that they are doing good… The same with most of the people in government…
Its an easy cop-out for not taking responsibility… Just earlier today I had a guy in here thinking ADA going down is a conspiracy… Of course it wasn’t that he bought in at a too high price the market couldn’t sustain… Nooo it was people “out there” working against him.
Hey let’s keep LARPing out of this! Don’t make me get my foam nunchucks!
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So which ones of the major theories are you on… Lets get some…
Chemtrails?
Depopulation?
New world order?
False-flags?
9/11?
CERN?
Alien-cover up?
Give me some… I bet you have many… Give me the one you find the most credible of all and something major.
Nope, you’re not, you just simply cannot predict the future market.
You seem too personal and emotional (means incapable - in certain degree - for rational thinking/thought), do not ask me why I think that, just reread above sentences. If you cannot find what I am talking abt, then it’s worse (cognitive dissonance). Also, pls remember that intelligence does not come together w/ rationality.
Do not do the same.