Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Kyoshiro on August 31, 2018, 04:25:41 PM
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Big marketeers holds large amounts of both Altcoins and Bitcoin. They can trigger the price of this two cryptocurrencies. As we look back in Bitcoin's extraordinary relay in 2017, it was believed to be manipulated by its real state holders. However, the massive sell offs and buying of Bitcoin could possibly determine the hike of its accelerated increase which made the investors problematic when Bitcoin faces gradual decrease. Supply and demand plays a big role in the price decision of a valuable token. Wherein the price decision of a certain token can be determined in two ideality:
1. The popularity of Bitcoin and Altcoins define its price in the market.
2. Holders of both cryptocurrencies trade the token in a specific span of time.
Crypto players can serve as market regulators since it is in their own ability to either pump and dump the value of a token. It will not be a big surprise for them when they expect the sudden increase or decrease of the virtual money they had but rather focus on what profit they could get into. They require how big the amount should you be holding. But as for normal hunters, they would be triggered to sell their holds in lower prices and be contented to what they had reach.
The market game is still ongoing. Would you enter it or not?
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Crypto game will remain as long as it is under by decentralized system. if you want to be part in the greatest manipulator team in the market called the whales, it requires big fund from your bag. That is why small time crypto supporters is not qualified and most probably be just part of the victim of the whales when they manipulate the market, this moment is called "the feeding time."