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> No regular buyer or seller has the capital to affect the market price in any significant way Which is absolutely not the case in crypto, further evidence of
by defaultprimate 5y ago
> No regular buyer or seller has the capital to affect the market price in any significant way
Which is absolutely not the case in crypto, further evidence of how illiquid it is.
- cinntaile 5y agoWhat do you base this on? I don't see how you can affect the market price of any of the big crypto's in any significant way as a regular buyer or seller, there are simply too many market participants. This is not the case for the smaller ones obviously, although even there you'll likely need a bit of capital (compared to the other market participants for that specific crypto). The smaller ones are basically a drop in the ocean compared to the big ones.