Quote from: Raflesia on Today at 05:35:28 PM

Quote from: LUCKMCFLY on February 17, 2021, 08:17:31 PM

Quote from: Travel Standard on February 15, 2021, 03:54:02 AM

No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.

Although you are absolutely right, there is a point that you have not taken into account, emotions, when people feel strong emotions, they usually buy and buy, it may be that at that moment the whales are selling and at the same time we see that the price of Bitcoin continues going up, and it is because the market is also moved by emotions. Both the whales and the powers are what move the market.

And this has always been true, from the 1800s from the stock market to the Bitcoin market.

Do you still believe in this pumping whale controlling it?
Don't we know that now many people like the cryptocurrency market, especially bitcoin, this is usually newcomers who keep buying so there is a lot of demand and I think it's natural because nowadays people are starting to switch from stocks to bitcoin because they know the profits here are very significant, making it possible for them to use time to his advantage.
So big people are now starting a lot in bitcoin, especially Elon Musk, who always contends with his tweets, of course this is not whale control but on increasing demand.

Well you have a good point there, people like Elon Musk, Microstrategy are great references that influence worldwide, but we cannot leave out those who have always moved the market before they entered, it should be noted that Paypal also joined the market, and it is obvious that all these companies and people do not want to lose, it is for that reason that I think that the price of Bitcoin will not fall sharply, and will try to stay. Maybe they are already new whales , the whales and emotions are what really make the market move.