Post
Topic
Board Economics
What power does Traders have on the Bitcoin price ?
by
CosmicVibe
on 26/05/2017, 11:43:00 UTC
Hi here !

So, the captitalization of BTC reached 40B $ , this is nice but not huge at all compared to FIAT currencies.

My question is : with such a "low" amount of money, does the traders have real power over the Bitcoin price ? I always heared about the natural inflation, simply more demand etc... But don't you think that if a lot of early investors with huge amount of BTC could gather and have control over its price ? Or they are simply slave of the system like every one of us ?

I'm waiting for your toughts  Grin