Post
Topic
Board Trading Discussion
Re: Easy to bring down BTC price?
by
hugeblack
on 12/09/2018, 15:46:18 UTC
I agree with you there was some manipulation of the price but not the way you mentioned.

At the end of last year, some platforms gave incorrect prices which made the difference between it and other platforms about $ 1000, this manipulation led to the addition of more money to bitcoin and so on.

At the moment, it is difficult to have such operations as there are a lot of regulators that check the prices.


There was a record-breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
The reason for the recent decline was not that 10,000 because the "circulating supply" is around 17,263,312 which mean 0.000579263122 effects.


Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad
more bad news, FUD & panic, and  weak turnout on Bitcoin "Demand."