Quote from: Kakruzo12 on September 17, 2018, 12:44:46 PM

Quote from: laradben on September 17, 2018, 12:20:18 PM

i think all we need to do is to buy and hold it ... the price of bitcoin is going up because its getting harder and harder to mine and create more of it

The more people hold, the harder it becomes to manipulate the price.

This is an interesting thought. But it takes a long time to buy back volumes from large ones. In addition, whales can control the news with the help of good old dollars. And they, selling us bitkoyny-will use this opportunity. In addition, if we break the volume among ordinary people, then we will kill the liquidity of bitcoins. Among the holders of crypto currency are many people who will immediately sell their assets, immediately as their price will grow a little. Because bitkoyn for us - this is not a means of storing / fixing profits, but a way of speculation. Very few people are interested in bitcoins as a currency. Many more people want to exchange it for a dollar.

In addition, players are large useful to the market also because they will be used in all ways to maintain the liquidity of their assets. But ordinary people will not. They will simply sell their bitcoins at a less favorable price than they will again provoke the fall of bitcoins. So sooner or later a clever big player will again collect a large amount of bitcoins, having spent at least his own means on them.

Ordinary traders could pool into pools. But then, they will not differ from funds and other whales of the market.
Manipulation by price is rather a plus of the crypto-currency market. Correctly thinking, you can always choose a strategy, after which you can wedge into the plan of the whale and make good money on it.