Post
Topic
Board Speculation
Re: Bitcoin just jumped $200, and then dumped $100...
by
Kprawn
on 31/10/2017, 15:09:56 UTC
since when do we get excited about 3% fluctuations in bitcoin?

i remember when i started price moved 10% and people were just saying "it is bitcoin, that's normal". then 20% was a big movement that people started thinking about it. then 30-40% were something to make a topic about.

Well, in the early days big fluctuations was common, because the whales was much bigger. I believe a lot of these whales has sold

some of their coins over the years, so the manipulation should have decreased. We also had less exchanges, so the volumes was

much bigger and it was easier to manipulate fewer exchanges. In theory, volatility should decrease even more, as bitcoins are

distributed more evenly.  Grin