Post
Topic
Board Economics
Re: Is there manipulation of sharks ?
by
gambitcoin53
on 15/08/2018, 06:46:58 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
 

The ups and downs of bitcoin is a natural thing, a phenomenon that resulted from constant volatility due to demands and supplies, some are because of the sharks that you have mentioned, bad publicity and irregularities from various countries, we should get use to it, big traders are based on small traders who panic sell and sell out of curiosity without even studying the graphs. let us not blame the big traders. the wave they created can substantially requires more funds that small traders. if they loose, they loose a lot too. one wrong move and thats it.