Lol they can't make bitcoin turn zero its very impossible , because major whales who had large btc then might be dead and their bitcoin is unused , if they try to drop it to the lowest those unused btc will fight back?
Sure you are right ,okay let's take for instance all country bans the use of crypto currency that will be a total shut down and everything will turn Zero
Nothing is impossible though, we never imagined pandemic could hibernate the world so even internet could be shutdown one day but I still believe even with that the price won't drop to zero cos there won't be room to trade.
It won't be that easy to bring down the price of bitcoin in todays economic oscillation. The Bitcoin that's flooded with the whale can't result to crash in it's price,rather it will result to scarcity in the crypto world. thereby leading to inflation in its price.
Yeah thats why they influence the market with their million dollar worth of bitcoin , sometimes the price moves from $9000-$11000 in an hour ,and it still a surprise to some people that does not have large btc
that's a 50-50, the good side, price isn't dropping which is good for small people like us that every cent matters for us, but the bad side, is that they got most of BTC xD
They are the major determinant of bitcoin price fluctuations because they have huge number of bitcoin that can influence the market price easily.
Of course bitcoin whales have roles they play in determining the fall or rise of bitcoin. With this current trend of bitcoin they are the ones at the gaining end .
No doubt whales is part of the major bitcoin price infulencers that's why when most whales do withdraw or exchange the bitcoin , the price flunctuates tremendously
Yeah . I just hope that they keep doing the right transaction that will keep bitcoin rising so that we the little bitcoin investors will gain profit as well . A win - win for all .
Lol? only that they might do the opposite and little bitcoin investors will make loss ,since they also wants to make profit also and everyone can't be wining at the same time
?? yeah , I think this is the case . They will only make transactions that will favour them and maximize their profit . we the small investor will gain from left over .
Sure that's it the small investors will always recieve little cash because in bitcoin the larger your investment , the larger your profit and vice versal as usual
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