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Topic: bitcoin is controlled - page 4. (Read 496 times)

jr. member
Activity: 74
Merit: 1
March 13, 2023, 05:55:20 PM
#3
I personally am still a beginner in crypto knowledge, but in my opinion in this case what influences the rise and fall of bitcoin and altcoins is of course from several things, such as good news or bad news,
and fundamentally it affects the price of crypto.
and declining economic conditions, it greatly affects price movements.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 13, 2023, 05:40:56 PM
#2
A common characteristic of the crypto market (Bitcoin and altcoins) is volatility: either the market is going up or down. There are some factors that contribute to the movement of the Bitcoin price, such as bad or good economic news, that could either cause the market to spike or fall, but the price movement of Bitcoin doesn't mean it's controlled. Also, war and pandemics can affect Bitcoin's price movement. From what I know, Bitcoin is decentralized and not regulated or managed by any organization. Altcoins price movement could be controlled by the project itself; for instance, they could add or remove liquidity from their token.
legendary
Activity: 3906
Merit: 1373
March 13, 2023, 05:08:47 PM
#1
Since most of the major altcoins move up or down at the same time as bitcoin, aren't they all controlled? How does it work?


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