Post
Topic
Board Bitcoin Discussion
Re: BTC Dump: Pure Whale Manipulation
by
Felisk99
on 04/06/2019, 15:24:55 UTC
It isnt changed in all the years that whales moving the prices, it work both ways.  On a counter it could attract more whales that want to join inn and push the price.


That's what i fear most, that such operations are going to show other wealthy people that making money on BTC can be ridiculously easy and if more whales are going to enter the game, such manipulations are going to happen more often. It may be sad, but that's how the world looks like. We can't be hypocrites saying that those people are scumbags when it comes to dump just to be okay with bears, which are also hugely influenced by such transactions. The market is still very volatile, but that's what makes a chance for people like us to invest and have some pie too.