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?
If we deeply observe the valuation of bitcoin then it is not the function of a individual, it always depends on a group and as I stated in my previous posts also that the factor of valuation depends on several factors like market demand and supply and then the number of investors and the amount of capital people are investing into bitcoin, so it is not possible for an individual to alter the valuation of crypto currency but a group can alter the valuation of crypto currency by either withdrawing or depositing huge amount into crypto