Bitcoin Forum

Look at the charts, suddenly all green and pumped a lot
This is not good to the ecossystem of cryptos in a long term, the big whales are playing a lot, this is not the "organic" market

we have to evolve a lot if we want the cryptos to be in real world, used by people in general

What do you think guys?

I Need you to said: what a beautiful day.

What a beautiful day, if you bought at the wrong time, when most were afraid and sold

I think what these whales do is a good opportunity for small fishes like me.
In this case, small fishes can be wise and use the opportunity. I mean they can buy coins in low price and sell them in higher price.  But unfortunately lots of these small fishes are eaten by those whales. They buy coins in high price and after falling prices, get into a panic and sell their coins as they aren't patient enough.

That is the risk of trading.
That is the risk with money playing.

If you played football then the gigantic team might win.
if you played money then the whale might win.

But you have to notice,.... you can involve there to win (small portion),... that is probably me :)

It seems we have to allow anyone to play here.

To be honest, pumping will attract people but it should be not excessive .
It has to use a sort of calculation whether bubble or acceptable.

It may be good for us.

It sucks, and if I could make this kind of inorganic trading go away I would do it in a heartbeat; but there is nothing that can be done unfortunately, at least not from our end.  Just play the game, try not to fuck anyone over, or get fucked over, and invest only in fairly distributed coins.  If crypto is going to survive, it will need to do so in spite of these financial games.

Not all of the green is caused by the whale, most people seeks the opportunity when it was dropped to hold and invest therefore it is a common thing see the price going up again, whether it is a whale pump up or not, this rising is good for the traders which keep on seeing red in this few weeks

i think the green light is because traders want to make new movement with altcoin since they want to make profit also. every traders don't want to make a loss and only want to take profit so if the green light is turn on, then it means they are ready to trading the coins and make nice profit after few days ago the market is dump so hard.

Bingo!

The big whales are playing and it's true but think also that they are playing not only for short term because they have
long term investment as well. The market volatility will only make the weak hands panic but for people who believe in long term
will not see this as a problem.

That is so true mate. But that has been always the case. Even in the economies of countries, whoever is holding the largest buck will definitely affect the entire economy if he will have his share moved. Those who are holding the largest shares in private companies also might even cause the entire company to collapse with their movements.

That is also true here in the crypto environment. If those whales out there will suddenly dump what they are holding, the entire alt price will definitely be affected. And so for all of us small timers, let us try to predict their moves. Sometimes we are only playing with luck though.

yeah, this is the game, we should follow the big whales so that we can also get a ticket to the moon.

It is money,
the bigger the money then the bigger the chance to play it.

Whale may have more monye,
so whale may have more power to play it.

Whale or not, the game is the same: sell high, buy low.
It change nothing except more liquidity on the market, which is healthy.

The market wasn't manipulated, we reached an oblivious top on some big markets, so peoples sold out to get profit, then buying back on the low. If you missed that wave, maybe you'll catch the next one ?

See whales as waves.
You can't control them, but you can sure as hell ride the waves  ;D

Definitely the whales are playing a huge part in the market and will continue to do so while its relatively small. As it grows things will even out but in the mean time we all have to ride the waves of the whales :) or buy and hold based on good tech.

Yes, whales are a bit of a hassle, and yes they can influence the market in a greater way than many. But remember: They only profit if you do dumb things. If you do smart things, you profit from them and what they can do. Play along and you may profit. Swim against them, and they might eat you.

You will not be able to do the same what do the whales. You don't know when the market is down because the whales started fishing and it does have objective reasons. To trade in the market need to use their knowledge.

Maybe you right, the whales takes all the game in crypto world. But one you can think is, it's really organic market. Not even in cryptocurrencies trading, forex trading also played by the invisible whales.
The most good thing from this issue is, the "lobster" also can take profits form whales game.

i disagree.
there is no doubt there are whales in the market and they manipulate things to their own advantage but this is not a whales work. it is the "organic" market actually. it is the recovery of the market after the big dump. in other words fools who bought back and caught the falling knives. and depending on what happens to bitcoin alts may drop another big % soon.

Yeaaa everything in the crypto market even has better situation rather than stocks/fiat market.
Decentralization will never let a single organization/institution to have a 51% effect to the market.
Crypto market i can say the most ideal among any other market existed right now!

Its not always the case that whales is the reason why coins are on green now but still on its investors or users. They do start up to accumulate again cheaper coins thats why its starts to climb up again.Maybe somehow there are really whales who are involve on this kind of price increase of pumps but its not always the case and yet this kind of price increase can potentially give us profits if we do know when to ride the price directions.

i was talking about this the other day (https://bitcointalk.org/index.php?topic=2016110.msg20088103#msg20088103).
in my experience this is not out of the ordinary and it certainly is not work of a whale. you can read the above link to see what i mean. the reason is only because of a correction. prices were falling too fast.

and also on top of it, the rise is because bitcoin went above $2400 again.

But that's the thing what I love Bitcoin and crypto-currencies for, they are not stable that fact lets me to earn money on trading, but not work in a dusty office for a silly boss. I think there are many people alike. I also think that exactly this factor makes Bitcoin and crypto-currencies so attractive, tell me if it's not true.

You can't avoid this happening .It's happening in real life, such as in stock.
That's the reality, you have to adapt this .

The rise and fall in prices are not uncommon in the market, and certainly because of several factors not only a handful of powerful whales but also small fish take over there.
Choose the right step to observe the movement before this month master the negative path of our mind.

If the coin works and the technology for the coin is constantly being updated with new things that most coins don’t have then the coin should receive the proper price increase that it deserves. I wouldn’t want to invest in a coin and wait for some kind of pump to happen because the odds of that happening is very small compared to making money on a legit coin.
Whales can only do so much if the coin is legit.

Well,I agree that crypto world is really a game of big whales. This investment is really a risk. It is not cheap to acquire cryptocurrencies/units but I think this can also be a good opportunity for people who can be considered as small because gradually they will be able to adapt and acquire units too but of course it takes a lot of hardwork

There are three kinds of bitcoin owner - those holding for the long-term, those looking to cash out into fiat, and those thinking that moving to an alt-coin will protect them from a large fall in value. While the former two are good ideas, the latter is totally pointless. All alt-coins track bitcoin more or less, and if bitcoin tanks you can bet your last dollar all the other alt-coins will too.

If you're thinking of moving to an alt-coin, i highly recommend you cash out into fiat or gold while you wait for this to blow over - at least if you're holding a substantial amount of money in crypto. If you think you're going to get rich buying bitcoin at $1500, you may be in for a shock when all "investors" pull out of crypto all together due to the extreme volatility and bad result.

I sound very anti-bitcoin. I'm not. But the truth is a lot of very rich and powerful people are looking to make cryptocurrencies fail, and this could be when they make their move. Take a couple of million in losses, but drop the market cap of all crypto by billions...

This is true but that doesn't mean smaller fish can't make money in this market either. Look at low cap projects with future potential value, improve your trading knowledge and understanding of blockchain technology. If you can get an edge on the market you can make money whether you're a small fish or a big whale.

Its a good day if you're one of these guys:
http://www.peterverhoog.com/wp/wp-content/uploads/2013/09/PeterVerhoog_Whalesharkresearch_03.jpg

yes of course its the game of big whales no doubt on that so now i am just following the rule to reach top by doing hard work and lots of research for investing in crypto market .At last effort will pay .

Crypto world is really a game of big whales, but usually they can only manipulate a coin temporarily so when someone tries to manipulate the price, just ride in. This is the organic environment of crypto now, but even if that's the case big whales can't control it forever. If it would be widely used though, those big shots will have a really hard time manipulating the market, so when that time comes, maybe you will see your ideal organic market.

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Well in reality the more big whales come ,less those pumps gonna affect certain currency's ..so sooner or later free market will figuire it out..the problem is that every huge whale gonna have a currency of it own

Sure, whales are playing their games. But that will only last for as long as the mainstream doesn't catch on. Once a substantial portion of currency moves into the crypto-markets, whales won't be able to have such a large influence anymore, then things will look more like the stock market.

The same games are being played in every tradeable market by the way, so this is nothing new. It also helps you make more accurate predictions if you are willing to invest enough time into studying abstract scenarios of "what if".

May I ask you who are those people and how do you know about their plans?

Whales are just as much slaves to the market movement as everyone else and even worse so because they can't easily dump their bags.
Yes they can manipulate prices with big orders but the problem is that is very risky because another whale or a bunch of users regularly destroy such buy or sell walls.

As many of us has experienced it and learned from it,

Market dump is usually first caused by said whale, then the stop loss orders hit, and then the inexperienced trader panic sells.
After that, the whale buys back.

We are all responsible for these types of movement on the market

Well such is life, it cannot be avoided and to coin a phrase
"money makes money"
but these actions in the markets can be beneficial even to
us minnows we can ride the waves created by the whales
and we too can make gains for ourselves.

It just takes a while to learn how to react correctly to these waves!

I'd say not just crypto, but all the other markets too.

Lots of opportunities out there for the small fish. Very time consuming though (and risky).

Follow their game, BTFD and ride the waves!  8)

Off course big whales are very active in the cryptoworld, there is money to make.
They are also heavily involved in other markets like Nasdaq, Dow Jones, etc.

It’s mostly the problem for those who play in a short term. I mean that the “big whales” can make the rate go up and down from time to time. But they won’t change the main principle: ”the price only rises in a long term”. So if you are planning a long term investment, no big whales will stand in your way.

That is true that this market is more often controllable by the whales because they got the money to buy a lot of stocks of a certain coin which is very profitable for them but for the small timers like me, doesn't have the chance to earn good amount of money unless we all know the possible moves or action of a whale so we can ride them and not miss out the opportunity.