Quote from: jeluhtajem on July 03, 2018, 01:32:53 AM

Quote from: buternasek on July 03, 2018, 01:21:03 AM

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

Well in my opinion. The price manipulation by the Whales is one of the factors that is very instrumental in fluctuating the prices of Bitcoin. Those who hold big portion of the coin can make it act like a monopoly. Besides, the market demand is affected by so many factors like government regulations, government ban on Bitcoin, the security features and hacking etc which has deep effect on the prices and make the prices.