Post
Topic
Board Altcoin Discussion
Re: Why are altcoins still dropping in price
by
grek_al
on 26/02/2018, 16:25:13 UTC
I think, the casual crypto investor alike have a very small influence on the market. Whales can (through various methods) sway the market drastically by simply buying heavily into a project or dumping heavily. The crypto environment in theory should be relatively decentralized, however, that really isn't the case unfortunately. BTC, ETH, XRP are highly centralized, meaning a few have the power to manipulate the majority.