Post
Topic
Board Bitcoin Discussion
Re: Redistribution to the "right hands"
by
avikz
on 06/10/2019, 18:29:17 UTC
Dear All!
How long do you think there will be volatility fluctuation in the market? Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards

You need to understand the concept of a border-less and regulation free market first before discussing about volatility. Crypto market has always been volatile since its inception and this theory of whales manipulating the market was born since then! I wouldn't deny that whales don't manipulate the market for their own benefit, but the impact of such manipulation is not so severe that you portray! Since the whales play in huge volume, a small change in asset price fetch them high value of profit.

The volatility will remain same even after many years because crypto market is truly a border-less market. With no intervention from regulatory and enforcement authorities, no one is going to be penalized for manipulating the market. The decentralized exchanges have made their job even easier because the whales don't have to identify themselves anymore! But here it is, life can't be fair for everyone, right?