While it's definitely possible for people to somewhat control and manipulate the prices of bitcoin to a certain extent, we can't be sure of that.
Does it matter short term? Nah. Anyway, this 'problem' should be gradually fixed as time goes as the marketcap of bitcoin goes bigger(assuming the marketcap increases steadily yearly). With higher marketcap and with more money in general that's into bitcoin, the price of bitcoin will be significantly harder to manipulate and to significantly harder to skew over with big buy and sell offers.
Topic: ONLY A FEW PEOPLE WITH THE MOST BITCOIN CONTROL THE MARKET - page 4. (Read 871 times)
Sounds like true. And if this proven correct, bitcoin hodlers would be rich because of the control of the price, i think they are letting down bitcoin's price so that several of the bitcoin holders would sell their bitcoin at low cost then guess what? it will rise again and only few people with bitcoin holders would benefit most and eran a lot of profit.
Let me see if I got this right. You’re saying that people holding the lions share of bitcoin are able to control bitcoin with buying and selling? That’s a stroke of genius dude! You should work for JPMorgan Chase or Goldman Sachs. LOL
Just wondering why did not I saw all these topics when it was rising . At that time nobody is trying to find out the real reason why it is rising so fast, What are real reason for its increasing so much value in short span.
Now everybody becoming worried about manipulations when it is going down.
Now everybody becoming worried about manipulations when it is going down.
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
I know this sounds strange and maybe even sci-fi but I'm starting to believe the same thing. That the market is being manipulated into this price crush, regardless, I do hope this trend reverses soon.
yes, we get market manipulation from the whales, and some FUDs, but that will never make BTC die.
many people are disappointed with the market today, but some are still holding on, with the hope that BTC can give a profit for them to reach more than 20K.
many people are disappointed with the market today, but some are still holding on, with the hope that BTC can give a profit for them to reach more than 20K.
I think, many whales control the BTC market, even with very large volumes. we are feeling that whale manipulation greatly affects the market.
we can only hold assets when bearish, or buy, and selling will only make the market worse and kill themselves.
we can only hold assets when bearish, or buy, and selling will only make the market worse and kill themselves.
These heavy players are starting to get ready and packing up as much bitcoin as they can. They are preparing for the great adoption that is about to come with institutions, as said by most that institutional money will come in.
What they are preparing for?
- BITCOIN ETF ‘DEFINITELY POSSIBLE,’ SEC COMMISSIONER CONFIRMS
- possible ETF approval (but I'm no longer counting on this personally)
- BitPay CEO Says Fidelity, Bakkt, Square, Blackrock, Will Drive Next Bitcoin Bullish Run
What they are preparing for?
- BITCOIN ETF ‘DEFINITELY POSSIBLE,’ SEC COMMISSIONER CONFIRMS
- possible ETF approval (but I'm no longer counting on this personally)
- BitPay CEO Says Fidelity, Bakkt, Square, Blackrock, Will Drive Next Bitcoin Bullish Run
if you want to make money in this market, then invest only in the long term and you will be very good
Quite unfortunate that this is happening to Bitcoin at the current moment that it's yarning for mass adoption. Only time is left for Bitcoin to proof itself.
Bitcoin price is still way overbought, but a lot of the people on here have a cult mentality. A lot of things have changed in the Bitcoin space. For instance, it cannot scale. It has failed in its mission. Nearly all the money in crypto is speculative money and as a result the price is reflecting that. R. I. P. Bitcoin.
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
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