Post
Topic
Board Speculation
Re: BTC Whales and pump and dumps have destroyed this market
by
The Pharmacist
on 03/06/2018, 05:45:24 UTC
$100 rise is not a pump, it is not even a rise. it is barely a movement. it is only 1% change.
Not only that, it's a mistake to think that a whale is responsible for this.  It certainly could be, but it's more likely to be just normal market fluctuations and much less than what bitcoin usually experiences, I might add.  I'm wondering how long OP has been into bitcoin if this is making him decry all the whales in the world--while bitcoin is gaining, no less.

Sit tight and you'll see much greater volatility ahead, and don't blame whales for whatever happens.  There are a lot of speculators around, most of them not being rich by any means.  It's a cumulative effect from the buying and selling of everyone.