Post
Topic
Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
ASHANABEY
on 22/08/2018, 06:58:34 UTC
These are people who own large quantities of BitCoins. As a result they can raise or lower the BTCUSD rate on any exchange more-or-less at will. This power can be used to affect the market volatility to their advantage. There is little doubt that at least a few of the Whales are benefitting from BitCoin’s volatility by making use of their power to change the exchange rate.

We see that more often these days market manipulation is done in many times and that was the main reason Bitcoin prices and other prices to move down or up without any reason so people who do that can gain more Bitcoin or other currencies for cheap so the best thing to do is stay allert and understand the market well then anyone can avoide such situations without gatting caught