Quote from: Chato1977 on February 11, 2022, 05:32:00 AM

Quote from: JohnBitCo on February 11, 2022, 05:03:34 AM

Quote from: haasanjui on February 10, 2022, 05:30:50 PM

Bitcoin is really controlled by its users. Bitcoin users and traders control Bitcoin and Bitcoin company only maintain server and develop its stability.

In theory, this is true that bitcoin is only controlled by the users. This is completely a game of demand and supply. The more there is demand, the more high the price of bitcoin because its supply is limited.

However, in reality, there are big whales, investors and exchanges who manipulate the market as they have a lot of bitcoin to sell and then rebuy and in this way, they keep on increasing their holdings and retailers are the ones who lose money by this manipulation.

But the thing here is that Who are those people you are talking? is it small investors or the whales?

But the problem here is that Whales are truly the one who manipulates the market and they are controlling the market.

But if we small investors will do as one? then we are really the one who controls the market .

In he early years of the invention of bitcoin it was thought that bitcoin is manipulated by the whales and they were also doing so but is now not possible in the recent time. In the recent time bitcoin is distributed to a wide range in the market and it is now not possible for some people to control bitcoin.