Post
Topic
Board Economics
Re: Who is behind the inflating value of Bitcoin?
by
dmamigo
on 18/12/2017, 01:56:53 UTC
The mass, the banks who want to control it,  but who hold the most bitcoins, it would be interesting to see if it's possible to control the mass now the bitcoin is owned by so much people
How come the banking system will manipulate the price of bitcoin,the recent rally is backed by investors and for the first time we never had any bad news coming out regarding bitcoin and so is the reason we are having a rally for a very long time and that is the reason the price is inflated to the levels we have never seen before.


Who has the most money ? Banks or investors ? Banks have inifinite capitals to buy crazy amounts of bitcoins to then easily manipulate prices

Banks has capital but they won't do this, I believe still banks and governments are unclear and will never jump into it. Bank has many restrictions but Individual Investors is free kind off.
Basically the users, investors(both small and large) and the rrcent market movements and actions is leading to its high rise.