Quote from: Malamok101 on March 27, 2018, 01:27:16 PM

Quote from: Catmony on March 27, 2018, 12:37:42 PM

Quote from: Ayamj on March 27, 2018, 09:12:15 AM

I always dream of a world where whales and big fishes have no control over the cryptocurrency world, this big players can fraustrate cryptocurrency, i wish there are other things which can determine the price flauntuation except demand and supply,

Big fishes are those who have millions of dollar worth of bitcoin which they might have bought on early days or mined on earlier days. They will always hold bitcoin that made them millionaires so they will always have control/influence of market.

Demand and supply determines price of every trading assets including bitcoin which is further influenced by news regarding the assets or other things that can indirectly affect those assets.

There will be no market if there will be no demand and supply.

Correct.

Big whales are irritating to majority but the good point is apart from having a lot of control over bitcoin price rather the whole digital market, they are basically supporting bitcoin and will never leave its side. This is why it is not that risky to invest in bitcoin.

But if these people decide to leave bitcoin, still it wont drop because the digital market is the need of many and still very small as compare to all other stock markets.