There is an old saying. Don't know who said it.
"If you can't beat it, join them" Same thing is happening with Bitcoin. They failed with beating it, then decided to pour in some cash before rally started in October. I guess they bought bitcoins for 5-10 billions starting from 800$
I agree with you in many aspects, and unfortunately we will see many price manipulations in the future. Anyway glad to see you here. You have one more follower.