Post
Topic
Board Bitcoin Discussion
Re: Bitcoin pump
by
Zedpastin
on 22/08/2021, 12:40:21 UTC
With the increase in the financial volume of a currency, we no longer see severe pumps and dumps in the price chart of a currency, but there are reasons that this is not the case with Bitcoin, despite the fact that the financial and trading volume of Bitcoin has increased significantly compared to previous years. What do you think is the reason for this?
We see pumps and dumps all the time. We just went from 29k to 47k in a couple of days. How is that not a severe change in price? I think you need to look at the price charts again because it is still very common for severe price drops and rises to happen.