There will always be a person/group who will manipulate the market, Crypto is not an exception.
Especially when there are too many traders in it, you will never know who are playing with the prices than those who just manipulating the price.
Bitcoin Example, is not an exception.
Topic: BitMain is selling in BCH to increase the price of BCH they're already mining (Read 234 times)
November 10, 2017, 05:15:24 AM
November 10, 2017, 05:03:55 AM
I don't like such manipulation.
The currency you believe is "free market" is actually 75% controlled by chip manufacturers and their affiliates completing products for market.
Don't get me wrong it may still have a future, but it's not as "free market" as it appears when the hands of giant have such power in manipulating prices.
I don't have as much faith in Ethereum as Bitcoin, but at least it can be mined only with GPU, it's much more in the hands of the people and a "free market currency".
The currency you believe is "free market" is actually 75% controlled by chip manufacturers and their affiliates completing products for market.
Don't get me wrong it may still have a future, but it's not as "free market" as it appears when the hands of giant have such power in manipulating prices.
I don't have as much faith in Ethereum as Bitcoin, but at least it can be mined only with GPU, it's much more in the hands of the people and a "free market currency".
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