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RE: Bitcoin Plunged Below $8,000--Did This Cause The Sudden Price Drop?

in #bitcoin5 years ago

fact is that crypto is susceptible for such manipulation until we reach to a market cap that is at least few X greater than what it is today. Also, some great use cases would help as this would spread out BTC between more people and would lower the risk that few big whales would manipulate. At the same time, you will never be able to eliminate it fully, just the amplitude of how this will affect the market will get smaller :)

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Well said, thanks for the reply.

I'm looking forward to the few X times greater. :)

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