Post
Topic
Board Bitcoin Discussion
Re: Nearly $10 billion worth of BTC moved in just 15 minutes?
by
SaShiRaJaVu
on 08/12/2019, 16:57:47 UTC
All people with their Cryptocurrency holdings get bewildered with just one big whale moving their money. This is because everyone knows how easily this market can be manipulated. I think this is a very big threat to this economy as this makes people dubious about it's future if it can be manipulated so easily.
If you are an investor and if you see a huge volume of bitcoin moved to an exchange wallet then you will panic as a the market will move down if they are planning to dump the coins in the market and there will be panic to take positions so that they will not loose their money and will plan on entering at a later time when the market settles down, but i a have not seen any difference in the market after this news was published Undecided.