Post
Topic
Board Bitcoin Discussion
Re: Redistribution to the "right hands"
by
deadsilent
on 07/10/2019, 12:53:45 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

I don't know if the flactuation is going to end or not. Cryptocurrency market is volatile from the start up to these days. But there are many reasons behind this. But yeah, it could be intentional because whales who holds more of Bitcoin have control over it's price. If one of them sell their Bitcoins. It affects the whole market. That's the bad side of cryptocurrency. There's no balance. Whales can buy huge amount with no limit. Some ICOs does not set any limits for their crowdfunding. And whales grab the opportunity to buy limitless amount. That's why small investors suffer once whales sold their cryptocurrency. It should be distribute equal.