Are, the Cartel is really reason for Cryptocurrency Market Correction?

in #bitcoin7 years ago (edited)

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There Was in interesting article written by www.medium.com that why the cryptocurrency market is under correction. they give a full explanation about the cartel. but due to some reasons the post was suspended.

After some research i have found a guy named "Super_crypto" on twitter who explain very well about the cartel.even i have found a this guy post on steem it.

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here i am providing the link of the post :

https://steemit.com/bitcoin/@supercrypto1/4th-dimension-bitcoin-manipulation-cartel-price-suppression-is-the-goal

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Funny. I just wrote an article on this subject. While this Cartel may exist, there's no evidence for it. The correction so far (and that's what it is in my opinion: a correction as we have seen many times before with Bitcoin and many other crypto's) of 70% is nothing new or strange. Please read my article here: Market Manipulation or Price Supression? ... Or none of the above?

I'd love to hear your opinion! And of course, thanks for this post!