Post
Topic
Board Bitcoin Discussion
Re: Are the Whales Control bitcoin price?
by
KFC786
on 17/01/2023, 02:15:33 UTC
we all know no one can controls the bitcoin price because bitcoin isn't like bank, stock and valas. but if the whales owned 51% of bitcoin, can do it?. if happen, does decentralization not exist?
There a re a lot of reasons behind Bitcoin pump and also dump and some of these are described as below,
1. Bitcoin Large institutions also control a lot of Bitcoin fluctuations.
2. Crypto media and influencers play important role in this.
3. Crypto exchanges and also other such things also have big roles too.