I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
Only rich people can manipulate the price of cryptocurrency by hoarding a huge amount of coins and it will really affect the market flow because the price of other altcoins might get dumped or increase even more so there's no assurance on what will really happen after a huge changes will occur in the market.
They are called whales, they can manipulate the price and if you are newbie who does not educate yourself you are most likely
gonna panic and sell with a loss, that should not happen so we have to think that the crypto is risky and we have to be smart in order to be successful here.