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What is your Crypto Conspiracy theory? Mine : All the bullish Predictions from time to time being setup by big players to eat up the panic sellers and small investors!

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by COINS NEWS 179 Views

We must have some Crypto space related theories which newcomers like me have no idea about. What is your Crypto conspiracy theory?

Mine : From time to time, there is random dudes on internet predict a price and those predictions gets very famous among the crypto community.Like there are thousands of more predicting the price from time to time but nobody gets any traction but suddenly a random account would get lot of attention. Like a random social media account would shoot to fame within a short span of time.

This is what I think is a perfectly organised because there are lot of new investors who panic sell during this crazy volatility.They are making money on the emotions of people.

Emotions like FOMO during the hype, lot of people give up to FOMO even though they know it might not be the best time to buy, then those predictions comes to play with your emotions.Then they ended up buying in the hope for $100k,because the guy whose 2-3 predictions was on spot,Eventually they end up buying.

And when market starts to correct, then they starts to panic and end up selling at loss. This is why I think it's all setup by some big players.

I know it's crazy,this is why it's a conspiracy theory no evidence to prove it.

Would love to hear some interesting theories since the beginning of Bitcoin.

Edit: Thank you for your concern, Stranger. But I am not suicidal. Somebody reported me to reddit,as they thought I am suicidal and might need help,probably after reading this post.

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