ummm, the manipulator just showed their hand ... and got drained 2-3k cheap coinz.
Just proves that the market can be pushed any which way that The Manipulator wants it to go. Had the Stamp Whale not immediately dumped after he pumped, we would have had lift off. All technicals and fundamentals go right out of the window in this market. The whim of the whale decides.
On one hand, if the whale is a large holder of Bitcoin, surely ultimately in the long run, he wants Bitcoin to go up. Stratospheric even...on the otherhand, it is exactly shite like that 20 second pump n dump that will put off traders from investing in Bitcoin. With unregulated exchanges, what is stopping some whale from having access to an exchangers order books, seeing where all the Stops are, and basically fucking robbing people? (as happens on Bitfinex anyhow)