Post
Topic
Board Bitcoin Discussion
Re: who controls the bitcoin price?
by
jerrison
on 16/03/2021, 18:25:06 UTC
The banks have their roles in the control of finance but then there are limitations in the case of crypto. The wall street also has some degree of influence but there are limited influences since it has no central network. Hedge funds alongside the whales are the most influential class of people in the space as they have large funds to drive market prices to the roof and also the social media to leave prices crashing.

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers