Post
Topic
Board Speculation
Re: Unable to break $400
by
harizen
on 08/12/2015, 05:03:20 UTC
Can anyone explain to me how some people are manipulating the Bitcoin Market?
I don't understand how it is possible since the market is so large.

There are so called big group of whales that can move the market by doing such a big pump or dump. They are really holding a large number of bitcoins that is ready anytime for their next execution of market moves.

Right now, manipulators aren't the one who can move the market now unlike before because nowadays we can see that many adopt bitcoin and at the same time, also doing a large trade which quiet can move the price even at the fair percentage.