Post
Topic
Board Trading Discussion
Re: Manipulation of price will decrease soon?
by
jrrsparkles
on 19/02/2021, 07:42:05 UTC
Recently, we have seen lots of institutional fund to come in the market. Tesla have invested and possibly soon we will see rich people are using BTC as store of value. As the days go, we see the mcap is increasing. When it will increase more, what do you think, will the price manipulation be decreased? Or even effected? If we look at the Tesla announcement, it didn’t create huge changes. India may have a ban on crypto, that doesn’t effect the market. So, as we see the increase in mcap, will we see power of manipulation is decreasing?
We can't say the manipulation decreased when Elon Musk can manipulate the market by simply adding the word Bitcoin into his Twitter Bio, is this new form of manipulation which doesn't need money just need the power?