Post
Topic
Board Bitcoin Discussion
Re: Who is really controlling the Bitcoin market.
by
tygeade
on 26/01/2022, 21:44:28 UTC
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins
The market cap of Bitcoin is too large now, and we have passed that level of talking about manipulators. If it is an altcoin that is still starting up, you can talk about possibilities of the price likely to be manipulated, but that is no longer for Bitcoin.

Manipulating Bitcoin is near impossible, the market is now solely based on the level of supply and demand. So, we should be talking about how much of a demand we’re having this year, if there’s going to be much demand, then the market would definitely be going up, and if the demand would be less, then it is going to be downtrend. Another thing is that events that we would trigger such things to happen.

And if you check most of these price manipulators or should I say pump and dump groups, they are now focusing mainly on alternative cryptocurrencies. Because they know it is not going to work out if they should try it on Bitcoin.