Do you agree margin trading is the main cause of Bitcoin fluctuating prices?

in cryptocurrency •  5 years ago 

Do you agree margin trading is the main cause of Bitcoin fluctuating prices?

“Bitcoin is a coiled spring about to explode higher,” RT host and regular Bitcoin bull, Max Keiser, tweeted about the price potential.

Keiser had previously claimed multiple times that the Bitcoin price was due to grow in line with increasing network performance. Specifically, he highlighted mining metrics as a hint markets were about to expand.
Others were attempting to explain why BTC/USD had begun gaining and losing several hundred dollars within minutes at irregular intervals.

One theory revolved around margin trading — the increasingly popular tool offered by major exchanges such as Binance and, most notably, BitMEX.

Read more: https://cointelegraph.com/news/bitcoin-hits-105k-in-minutes-as-keiser-says-price-about-to-explode

cryptocurrency exchange bitcoin ethereum blockchain
5 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  5 years ago 

    To the question in your title, my Magic 8-Ball says:

    Very doubtful
    Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00