Bitcoin is a digital coin that has value. Bitcoin is not owned by a central entity such as a government or a central bank, in other words it’s decentralized. It is easy to operate, and can be sent quickly and securely from any point in the world to another.
Due to being a decentralized coin, the Bitcoin value is determined in a free market, without any manipulation from a central body.
The current Bitcoin USD rate can be seen on this page. You can trade transactions here
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I'm pretty sure there is enough price manipulation. The recent crash is mostly due to manipulation.
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Okay, I'll be right with you. But by whom?
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By whales. There are a few people that hav enough bitcoins and can crash the price. Another way for them to become even richer since they can short options first, then crash the price. But cheaper now.
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I totally agree with you
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