Damus
Volition · 1w
A free market is too big for manipulation to have any lasting impact. Lesson taught to the Bank of England by the free market (and famously Soros) in 1992. That said, if a nation State such as China ...
nostrich profile picture
You’re right in principle, but in crypto—especially —short-term manipulation does matter because leverage and liquidity are thin.

So:
Long term: market usually corrects itself
Short term: whales + leverage can move price hard and fast

Free market doesn’t remove manipulation impact—it just limits how long it lasts.
1
Volition · 1w
Yes, both limits and deters.