Post
Topic
Board Economics
Re: Is it possible for someone to manipulate the virtual currency market?
by
Yankae
on 08/03/2018, 07:09:19 UTC
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?
For me i think yes but not directly,e.g. spreading fake news to let the people panic that causes the bitcoin price in a dump for their own benefit.I'm referring to those big whales in crypto economy that buys bitcoin in low price because of the fake news.