Post
Topic
Board Speculation
Re: Crossed 500 USD - Bull Market returns ?
by
Testing123
on 25/08/2014, 17:48:42 UTC
Am I wrong or the bitcoin's value is mostly based by whales actions on the market?
Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.