Post
Topic
Board Economics
Re: Is there manipulation of sharks ?
by
Rizky Aditya
on 15/08/2018, 06:33:04 UTC
I feel that sharks (Big traders) haven't collect enough Bitcoins. You can see that there were scandals when Bitcoin price rose. The scandals were exchanges hacked, China suppressed Crypto, etc whenever Bitcoin price up.
It's not a good news for Bitcoin and prevent price rise but it still rising, is this a signal that Bitcoin coming back ?
How do you think about it ?. I want to know your opinion Smiley.
Thank you Smiley
 
You mean whales and not sharks. And of course they do manipulate the market a lot of times in their favor. They have done it a lot of times in the past and some people believe that they are the reason why Bitcoin bubbled last year. If they are, then they really planned it big lol, cause other years were not like that of last year, the price of BTC pumped in a big way and nearly getting to twenty thousand, and it started from just two thousand dollars.