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Author Topic: Easy to bring down BTC price?  (Read 906 times)
drachman
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October 18, 2018, 02:19:38 AM
 #101

Bitcoin is currently have the biggest market cap between all crypto, i think only whales possible to manipulate the price. Many early adopter of Bitcoin bought alot of  BTC with very cheap  in 2010, and some of them holding about 1% of total supply so will be more easy for them to manipulate the price. 
It seems there is an impression that many early adopters are still holding their coins and that is simply not true, many early adopters sold their coins immediately or they used them to buy stuff back in the day, only the most fervent believers in bitcoin held their coins believing that something like this could happen anytime soon, so even if people do not like their influence they deserve it.
Siren
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October 18, 2018, 03:29:42 AM
 #102

Before doing this,couple of whales must have one stand to go together in that specific coin like bitcoin,we have same point of view how the big holders of bitcoin making the price grow or high in their own ways.how mny times we have seen this kind of happenings because sometimes price of bitcoin will pump hugely but all of a sudden in just a few hours goes down again drastically,even i have no proof of this accusations but this is happening mostly
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