Post
Topic
Board Bitcoin Discussion
Re: Who controls the crypto market?
by
Meraki
on 12/08/2018, 18:01:29 UTC
I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?

The market controls the market. When the price is high then you can say that it is demand by the people, many peoply buying it thus it goes it price upwards. however if the price is going down then many people are dumping that coin. but still there are some manipulators in crypto who will start a hype by buying large amount of coins then dumping it once it pumped