Some people in the market control it?

[rzluetlhch]

Should anyone who owns a lot of bitcoin affect the bitcoin price? Is this situation artificially manipulated?

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[TimtheYoutuber]

If someone owns a lot of bitcoin then yes they could manipulate the price. The twins have the most if I am not mistaken ( 1m coins ) so when the cap is reached they will have almost 5% which is sort of scary to think about.

[kasansa]

When there is honesty leads in business,  there the situation arises automatically by some people who want to get quick and fast in return with a wicked mind only because of this kind of people  destroy all the in law's to out law. The situation need time and have to wait for some time to return to normal transaction

[icoprofits]

Big whales in market control it and BTC  is highly manipulated currency as of now and media is creating more FUD

[tsuyu12]

yes, some people who have a lot of bitcoin, maybe more than 100 (whale) sometimes manipulate the market, pushing the price up/down, so small trader like us selling/buying the coins lower/higher than the price it should be.

[marcbitcoins]

Should anyone who owns a lot of bitcoin affect the bitcoin price? Is this situation artificially manipulated?

I could not think that this was manipulated but this is the reality in which a huge coins own by South Korean makes the markets to bleed that they have no choice but to dump their coins because their government are now making a mandatory law to ban the use of digital currencies and closing all of their exchanges that related to bitcoin.

[Macai]

Should anyone who owns a lot of bitcoin affect the bitcoin price? Is this situation artificially manipulated?

Yes big holders can manipulate the prices of bitcoin. If they decided to dump all their holdings then supply will increase making the prices to go down.

[HabBear]

Should anyone who owns a lot of bitcoin affect the bitcoin price? Is this situation artificially manipulated?

Should anyone? No. Can anyone? Yes, definitely. Market manipulation requires quite a lot of bitcoin, though!

The best thing to combat price manipulation is the global distribution of this market place. There are people on nearly every continent that are investing, hodlers of Bitcoin. This makes it much more difficult to manipulate the price but the possibility of it happening can never truly go away. That said, it only takes victim that people that buy or sell into it. If you keep holding (even if you're buying into a slide or run up) you maintain control of the price you've locked in.

[FullMooon]

Yes of course. but not 100% there`s a possibility only like 20% or more. cause when this people now invest bitcoin the amount that they can invest it is affecting the demand of bitcoin and when they stop there`s an aaffection on demand that keep the bitcoin price decrease.