It should be no surprise to anyone with 2 brain cells that those who stand to lose from a change in paradigm will take every effort to prevent that change...it’s not so much a matter of “if,” in fact it’s pretty clear, but rather how badly the rest of us get screwed in their unpredictable price actions...we know that deep pockets can set the algos off, but there’s no fucking way to predict which way they’re going to push it.
Agreed, they are overall suppressing, which is good...sell out and buy lower, but ultimately they just feed the system. By trying to kill it they participate in it and as long as there are actors in the space, Bitcoin and/or blockchain will continue to survive and thrive!