10 sats \ 1 reply \ @tomlaies 11 Feb 2023 \ parent \ on: To what degree is the Bitcoin price manipulated? bitcoin
the guy is entirely conviced that the entire previous market cycle was essentially whales manipulating the price.
It depends on your definition of "manipulation" then. I my book a big whale exchanging is a legit transaction with effects on demand & supply. That's not manipulation, that's just the free market.
It does sound like petty whining to me tho. What's the point, why does he care?
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0 sats \ 0 replies \ @SantaNotSanta OP 11 Feb 2023
I think the definition of manipulation would be some groups, individuals, or entities who are able to control the price direction and profit unfairly be exercising undue influence.
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