Post
Topic
Board Bitcoin Discussion
Re: Do whales really control the market, or is that a myth
by
andika2018
on 01/09/2018, 00:26:33 UTC
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?

I hard to call it a myth because whales have a lot resources and big capital. Price in market determined by supply and demand and if whales hold many bitcoin in their wallet, its could happen they can dictate price in market