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RE: What really drives the price of bitcoin – fundamentals, technicals or just plain manipulation?

in #bitcoin5 years ago

it sound easy to do but very difficult and risky to execute as it is impossible that all whale will conspire at the same time to be part of manipulation

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Well, you don't really need other whales to collude in order to help move the price as seen in the example from the article just a single whale dumping 5k btc dropped its price down about 26%.