Post
Topic
Board Speculation
Re: Bitcoin price? Who is making it?
by
ultrloa
on 01/07/2016, 16:24:00 UTC
The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.

Even though we do some trades, we are too small fish. Only the big whales can influence the price and they have the skills.

Most importantly, the whales have the funds to manipulate the market. So for me, I just follow them.

Eventhough where small fish in btc industry we still contribute to the rotation of it in the market thats why i can say the one who making the bitcoins price is we all the users and stakers because of us we can make the price go soar high or die.

But big whales can contribute big since they have large amount btc in their pocket That can cause dump if they sell or pump if theyd buy.