Post
Topic
Board Speculation
Is crypto currency priced solely determined by the whales?
by
Drysprinkles291
on 16/11/2018, 02:01:43 UTC
The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?