Mine wife: "why is bitcoin going up?"
Me: "more buyers, than sellers."
_____
Mine wife: "why is bitcoin going down?"
Me: "fucking idiots"
Mine wife: "why is bitcoin going up?"
Me: "more buyers, than sellers."
_____
Mine wife: "why is bitcoin going down?"
Me: "fucking idiots"
great pleb minds think alike
You’re not wrong tho…
Is anything stopping a whale from setting the price wherever he likes by selling to himself through exchanges?
Since Bitcoin has a fixed rate of supply, there's no counterbalance to offset price swings due to changes in apparent demand.
wash trading.
😂