the price is sooo manipulated..whales are playing here, and I think many people can get badly burnt..
When it was still at around 2000 I started seeing loads of 1.01010101 buy orders. These spammy orders would drive up price by 100 sats atleast, then noobs arrive and place buy orders above a these 1 bc fake buys, then whale re-inforces and repeat, and after a while price is 3000 and the 1.01010101 orders start again, then price is suddenly 3500, 4000...
Anyone else noticed this?
There were instances of this, but I don't see it now. Dumps get swallowed, the multipool is pouring ~80 BTC day into the market and people are inclined to hold, no new coins mined to be dumped, given this, I think the growth is normal.