Price manipulation in cryptocurrencies.
Bitcoin cash is although dipping and rising and currently unstable thanks to the all round dip in cryptocurrencies and the news about the official depegging of United States Terra stable coin (UST) is also a factor that drove away newly started investors.
This is a key point I believe, BCH intrinsically preserves the properties of 'hodlability' like gold and 'transmissibility' like cash.
Together, they work to reinforce one another and are the basic properties of BCH at its core and makes it a more complete trust system.
The utterance by different investors that prices of cryptocurrencies are manipulated by either maximalists or even the community behind the success of the cryptocurrencies.
Bitcoin cash having to use another layer for the transmissibility property introduces the risk of divorcing the individual from the built-in fairness and democracy of the coin. That weakness can be turned into opportunities by some entities to be exploited over time.
These claims are yet to be proven, even though it is the topic of the day.
The Terra cryptocurrency is a typical example of a manipulated cryptocurrencies, the Terra community claims to try their possible best to save UST from depegging or even save Luna itself, but Luna would follow the lead of the UST. Since UST was created to manipulate the price of Luna, any single dip in the price would have a great impact on Luna itself.
Price manipulation and inflation is one of factors that affects price and the future of cryptocurrencies.
Decentralized community and projects would never do things that would affect investors or the price of a cryptocurrencies and the stricken truth works on only few decentralized projects. Many projects are manipulated or rugged pull of free will and greediness. The ecosystem is controlled by maximalists, and they manipulated the price of the stakes they hold and how far are this rumors true.
The free will of Satoshi was to create an independent ecosystem and coin that can't be manipulated or controlled by anyone and this was what led to decentralization. Bitcoin started well at first but end up as a gold for only hodlability and not transmissibility.
Cryptocurrencies and manipulation.
Checking how the Terra ecosystem drowned in few days of the official depegging of UST and how this misfortune has greatly affected traders would deal with but Terra USD and Terra LUNA. This dip is not mainly on the verge of destroying Terra ecosystem alone but also to bring down projects that are built on Terra's ecosystem also.The Terra ecosystem intended to revive Terra official by creating a new fork is independent and not controlled by stable coin or any other factors.
The misfortune this lab has suffered after the official announcement of UST depegging, check the amount they lose and also what the lab has loss which include but financial and also employees who have great passion in order to make Terra USD rise on it feet back. The plan to create a fork is still on votes and the vote would outline the plans of the lab.
During the era dip in the early mid-2021, misconception and Subreddits about how Bitcoin is manipulated by whales and decentralized platforms, but the fact remain clear that the rumors and claims might either be the truth or false.
Both minor and major holders of Bitcoin enjoys the same features of Bitcoin's white paper, hodlability is what they all want since the hike in price of bitcoin since the beginning of the bullish stage which lasted for few years and later end of up in the bearish cycle.
The evolution of when the thought of hodlability started clearing off the mind of investors brought out the rise of hard forks which is pretty more eco-friendly than original coins.
Transmissibility is what minor investors desires but the many maximalists desires only hodlability, Bitcoin requires a large amount of money before a transaction can be approved by miners and this lead to the initiation of a fork that would unlock the true potentials of Bitcoin which led to the rise of BSV, BCH, BITGOLD and many others fork that would be listed for popularity. All this forks aims is become better than Bitcoin and achieve the true potential without ending up requiring large transactions few, but many would end up like Bitcoin because the labs behind it would end manipulating it for their selfish Interest.
Conclusion.
My opinion about manipulation is that cryptocurrencies can't be manipulated if a lab behind project really have the interest of it investors in mind and not only think about their selfish gains.
Terra lab is an example of a selfless community who has the interest of investors in mind, and they planned on the forking of Terra main chain and giving a worth amount of new version of Terra as airdrop, but they considered the minor investors who have small scales of Terra Luna and decided to place a vote that favors or investors and this airdrop who consider all and no partiality and the old Terra would be named Terra classic and the new would be Terra. The forking didn't start from Terra nor would it end with Terra, other coins also faced forking typically examples are Ethereum, Bitcoin.
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A pesar de la naturaleza de las criptomonedas que fueron creadas para proveer cierta libertad financiera sin entes centralizados que la controlen, la acumulaciĆ³n de bienes y valores ha hecho que los mas poderoso influyan en beneficio de su bolsillo, cuando se trata de dinero no vamos a poder algo totalmente transparente y honesto.