Bitcoin Forum

Have you noticed  that there are  some  valuable coins  that  keep on staying ''under the radar'' at ridicoulous prices?

That's impossible....  but  in some cases    I think the  big players  with big money manipulate the price of these coins  to keep  them as  low as they can


There are some other coins  very valuable which  stay at the same price.... we can think about  ETHereum...  evryone know it was  a big potential coin, but  the last year  in this period  it  was 13 $ and   staied in this price for a lot, before TO EXPLODE


The  boom  for some coin is at the corner...    I think that  some coins that are valuable  but  keep on stay underpriced, are manypulted by whales

There is the trick of  sell/buy wall  that  an experienced  trader would known....basically the whales  put   a big order  at buy (increasing the buy demand)  and  then delete  their order, making the price fall, and keeping it  ''stable''

SO my  touhght  is::  LOOK THE  DAILY -WEEKLY ORDER BOOK AT THE EXANGES..... if  YOU SEE BIG ORDERS  WHICH SUDDENLY DISAPPEAR  ON A  valuable coin  THIS is  the signal that The whales  are keeping the price  low  to accumulate,  because they know  there is HIGH CHANCEs  that  that  coin will be very valuable in the future

This my personal teory, not  applicable on all coins, because it works  also as ''pump and dump'' with  shitcoins...so  not  only  for  ''valuable coins''

What  do you think about it?

Yes, I was thinking the same. Because most of the coins could be easily manipulated with small-mid amount of money.
Reentry I was trading on 2 ICOs and cannot other explanation of courses expept manipulation.
The first is OPT where the price starts increasing when bounty hunters dropped over half of their coins?! And before that was to incredibly low.
The second one is TFL which is one of the few projects with a real working product but the prices are 2-4 under the ICO.

They are also manipulating prices with bots. Some bots basically behave after macd and rsi so you can't see all those sell orders coming all at one time. It makes you panic sell your coins and their buy orders were reserved there waiting to get your cheap coins.

I also remembered that period when ethereum was about 13$ at start of this year. I was shocked about it. So many ICO and price like this? And then it RISED UP!!!

And now actually I again thinking that ethereum will have again some explosion. Maybe till 1000$. Let's see. You can see SO MANY ICO on ethereum!

You are probably right. Actually I see such behavior now with the Mysterium network token (MYST). The typical daily volume is about 15 BTC, but there are 5-15 BTC walls appearing and disappearing all the time. Also when the price moves away from some range, sometime there is sudden 50-100 BTC spike in the trading volume. It all looks suspicious, exactly like a whale filling their pockets at low prices.

On which exange?
Does  it  happen more or less  on a dayily  basis?  
If  yes, probably are trying to stabylizing the price  for  a while , accumulating cheap before a  big  pump...

Yes, it is on a daily basis, on the Bittrex exchange. I also think that they are trying to accumulate at cheap prices. Also what is in favor of this scenario is the fact that the price was declining for some weeks, then it suddenly stabilized and this weird behavior appeared.

ETH was below $13 at beginning of the year but pretty much crypto was dirt cheap at that time.
Most of the cryptos were trading for mere pennies. Agree that whales do use tricks to accumulate cheap
and dump at the highs.

ETH  was  a promising coin.

I remmeber I was  on a totally  different  web site related  to tecnology and  I asked  a  member ''what do you think about investment''

He said me:  ''invest in ETH''...but I  didn't  because I was knew about  trading

I was  new  to cripto trading,  but I remember his  words ...  it was september of   the  last year

Basically  everyone knew   Eth  would  be exploded, it  was  only matter of time..... that's my idea, I don't  know  if there was some  others Eth competitors, anyway I have my idea Eth  was  the best  candidate  and  from that it  was  only a matter of  time  before  the  boom that we all know.

All  the time at 13,  at 20 $  was  only accumulating time...  accumulating time

Now  there are so many coins and  the market  is  more saturated  compared to  the last year.... but  my advice is:  if you think you have found a ''gem''  with a real case of use, don't dump it  just because  you see  the price is stable for months. Believe in the project, if  the dev team is good

I like  the idea of a  decentralized  VPN,  but  don't you think that  Tor  already solves this problem?

Security wise probably yes, but it's very slow because the nodes are not paid for providing the service. In Myst the nodes will be paid for providing their bandwidth, so it should be much faster and with many more nodes.

I do not think tor  is more   ''secure'' compared to a  decentralized vpn, maybe i am  wrong

All the ico's should in terms mean a lot of dumping eth to gather fiat or btc for these ico companies.

In my opinion the rise of ETH was a sign of the first step in the direction of mass adoption. I started my way into the cryptomarket because of ETH. I heard from it in march. I knew at this time, what BTC is. But I didn't knew about all these alts. By chance I read an article about ETH. And I have to tell, that I was not really interested in these kind of technology, it was outside my world - until I heard from ETH. I remembered the rise of BTC, saw my chance and stepped in immediately.
All in all:
A noob like my got to know and grabbed his chance.
And I think, there are thousands upon thousands like me out there, because it was the time for it - and the long bullish run begun.

I  think  the new Eths  of  nowdays  are the decentralized exange.  They  will  boom, but  who knows  which one...   0x, bitshares, waves  .. there are so many

 IN my opinion waves is not  a  real decentralized exange  because on the DEX  you can exange only a few coins and  custom tokens (which  none  cares about it)
Anyway I thin decentralized  exange  are the new  boom

If few whale hold huge proportion of coins, it is very easy for them to speculate coins. Personal contribution limits in ICO is to get rid of such whales. It is not good for coins only good for whales.

yes, I agree with you. When lot of normal traders thought that the coin will not increase any more and sell the coin, then the whales start buying it and the coin value goes up. It have happened several time before. Maybe some thing similar is going to happen with the dogecoin also. People have almost no faith in it and it keep deeping down maybe time for the big whales .

almost all markets are manipulated by whales

I was watching it happen yesterday with Ardor There was a 100btc wall that stopped the upwards trend and send everything down %10

They have been doing it with LBRY for months now.

https://i.imgur.com/1BDdrlF.png
The danger that the whales have, when the price is on their way to the moon, they have only to put the graph down

Trading and forward progressive movement in the coin / token can be directly coupled to the gentle but progressive upward movements on price indexes. If a tech has a solid business plan and roadmap et cetera, again, tied with real world services, then yes, the price rises - traders help with the fluctuations and volatility but there is long term value too...

I don't think it's the game of whales. Whales don't interested in shitcoins that cost nothing, they invest in bitcoin and other well known currencies. And the fact that the price for coins, which are kinda in the shod we today, doesn't change us only because people who bought it on the ICO just holding it with expecting of it's rise. Everyone is just holding, do you get the point?, so it's a circus. They are holding and expecting that someone else will start to sell or buy it to the price finely start to move.

such as???
what coins are you talking about specifically?

This is the risk of those people who do make investment specially on ICO or even on traditional buying of altcoin you wont even know if that coin would be pumped up or not and as you said was true on which those whales wont easily pump a certain coin if they dont see that it is worth to be pumped.

Yes that could be true,
and not only that, they are Pumping other useless coins and earning money on it while keep buying more and more of the other coins that they keep cheap
 :-X

classic pump and dump by whales, look at bittrex ADA. that was stupid 2k sats buys

Whales are playing with Lisk a lot, Lisk will rise to triple digits level within a year and they know it so they are trying to accumulate as much as they can for the cheapest price possible.

The Myst price chart on Bittrex really looks like someone with fat wallet is artificially pushing the price down to buy cheap. You can see it on the flat lines, when someone places a big sell wall, but the market is willing to increase the price, so it stays flat. I think they would be very badly surprised if someone would buy their low-price sell walls instantly :D

Yes you think is the same as me,but not for BTC or ALT that has many devotees.Fellow whales race go to the star the twinkling ones,in conclusion easy whales keep the price balance by planting a sturdy fence

Same thing has been happening with NBT,, easy profits to be made just buying into the walls and waiting for the eventual pump... both run sideways for a while then pump, repeat

I notice the same too, perhaps you are right. This is like a psychological game, the whales make the price low for a period of time. When people lose confidence and interests, they tend to sell the coins cheap to whales.

Yes it's rampant on Bittrex and probably all the other exchanges as well. Go put in a buy order for a completely dead coin with little to no volume. Immediately you'll see the bots kick into gear and try to goad you into buying at a higher price. Wash trading probably happening too

It is very obvious sometimes for these whales that they are becoming noticeable by those who are already knowledgable in Cryptocurrency. I am not sure if there are measures to prevent being swindled by them other than buying at low volumes and not putting too much in one crypto basket.

And why not manipulate, if there are such opportunities, as they want and twist, but for their own benefit. Do not be surprised, and adjust to the situation, you need to tear off a piece from their big pie)).

The whales make money through cryptocurrency systems manipulations and most times they targets is on the panic sellers and those that do buy at the wrong time. Whales pump a particular coin because they have in mind to deceive others to invest in that currency and dump the price on them. You should be careful in other not to become their victims.

It is interesting that when the price is low people blame Whales for the low price, trading is an art and science and this are in phases and those that have study and understand this will always come out making profit. We all know most people are very impatient when the price is low they can't wait to dump and move to the next thing so they sell out at very low price and who is buying this tokens an intelligent investor called Whales

Some times the whales just try to  make a manipulation into the price of token, A lot of people are blaming whale in this case because the only party with very huge amount that can give impact to the market is only the whales.

how many whales are there ? i don't know guys. maybe in top 20 altcoins we can say that. but there are many many coins and there is always a sell wall. can whales do that for all coins ? i think there is wall in our mind. people think price is so high and will fall soon cuz he doesn't want to lose and he sells. thats all. don't blame all time whales.

Interesting observations. Yes, on small to mid cap coins there is invariably manipulation by whales. That's the free market though!

Whales play in every open market. In crypto they play a lot, but, sometimes, they make wrong movies. Sometimes whales buy or sell not because they want to change the prices, but because they have received inside news. Like knowing that BTS would be unlisted, or that CHina would ban Bitcoin.

Whales can really manipulate prices since they do have the capability on doing such thing since they do have the money to manipulate prices specially on low supply coins on which this can really be manipulated so easily by them.If you did luckily able to join the rise for sure you will smiling on profits but if you do left behind then it would really be the reason to lose up money.

Well, it's pretty easy for coins to stay under the radar, since there are so many of them. It's hard for all decent coins to get noticed in a market with thousands of competitors.

the biggest is volume of trading, the lowest is the effect of whales!

scammer whales are behind shit coins so be careful when trading :)

I think the main whales is crypto exchanges like bittrex or poloniex. When they add some new coin it rising up! And they can just buy it before adding - profit.

That's why it's important to spot the markets with potential at their early stage and buy as much as your bag can carry so that when the big guys start manipulating it, u just sit back and watch the movie

I agree but it is not easy and for sure if we have no set or goal we may sold it early but have a profit. There is always a trick the manipulators do by group or by a single whale.

Yes usually it is enough to be active on bitcointalk + 2-3 news channels on telegram!
Mostly all of news I received and know everything in cryptoworld.

True. Just need to be careful with what you believe on this forum because most is bs.

Can you recommend some of those telegram news channels?

Actually exactly I just using companies that have predict others ICO. This is wings:
https://telegram.me/wingschat

And kickico - new company:
https://t.me/Sniptoday

And some threads about airdrops. For example this i'm using:
https://bitcointalk.org/index.php?topic=2164165.0

Thanks man, thats great!

There is definitely an accumulation phase that the pumpers go through, before they pump. See the following video:

https://www.youtube.com/watch?v=EG8PU6_-734

They do it by placing small buy orders at low prices (as a market maker), because they don't actually want to move the market while accumulating. Once they've got enough they start pumping by buying as a taker, to move it up.

Check out how whales fake candles on Etherdelta. In nearly every currency which is listed on ED you can see incoming orders of 1 Token for a price of 0.00000001 ETH. This brings Blockfolio and Coinmarketcap down and many people getting scared and start selling... ^^