The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.
Have some proofs of these accusations?you have mentioned Asian countries means you have ideas about such so better put it here.
And why about Ponzi?for how many years those Ponzi’s has been operating already in crypto so why it seems that there’s a new one?i don’t get it
And people in crypto are knowledgeable bout these Ponzi they can’t have another victim here now
To tell you honestly, even if people know what is a ponzi they still taking part of it as if they never learned from their mistakes in the past. I've seen some people doing it, again and again, thinking that they could get the desired money they want in just a small amount of time. But when everytime they have the opportunity to get their investments then that was the time their greediness kicks in and started to want more.
On the topic, the price fluctuates because it is an open market and you can't control everyone from buying and selling their cryptocurrency whenever they want.
