Bitcoin Forum

The fact is that we all love Bitcoin, the cryptospace and the "good" altcoins but this year has been very rough and tough for all of us with some of us even thinking of leaving with the small we have now. Now something has got me thinking very deeply. This year has been going in almost the opposite way as we thought. Whenever we thought there was going to be a rise, then boom!! we go down the hill into the valley. So i just pondered over these and found out that we need to give the market a new eye. We need to start thinking in the way of the whales. To better get what I mean; go through the list below and look at what the market went through during those times.

- Chinese new year
- Coinbase announcement of some coins on coinbase
- Consensus 2018
- End of financial year
- Tax return time
- World soccer cup (well, i didn't expect a bullish era though! but others did :D)
- Coinbase announce of add some crypto again
- Bitcoin ETF(Whiis killing us currently).
and many more...
Well, what next ......what will make the market red again...???

So I'm confused- are we being played on our minds or manipulated to be off track or it's just bound to happen that way. Because to me this coud be a big time manipulation other than using pump and dump groups. All that will be needed is for the whole crypto market to think in one way and you'll be good to go. We hope to see some green light very soon.

manipulation is definitely there. But people are starting to panic right away and the market is going downhill. In this panic sale, too, some people add fortune to their wealth. These are the main reasons for this situation. Now, everyone is longing for the green light for the bull season and hopefully this light will light up as soon as possible.

I don't know it either. But if the value of crypto increasing or decreasing much in the market, then there must be something occurred here.
Peoples who own crypto in a massive amount could manipulate the market, the possibility is quite high. Crypto is very unpredictable

a couple of things here.
if you look at the altcoin history of the past years you can see that the pump and dump phases of  altcoins is perfectly normal and  it was expected for them to have a "pumping season" that is long and we had in 2017 and the a "dumping season" which we are having now like always.

as for leaving, if you thought about it then it means your motivations in the start were wrong and the routes you took were wrong. you either bought bitcoin because you wanted this great technology and the freedom of decentralization in which case leaving because price went down is meaningless or you choose bitcoin and altcoins to trade and make money which again makes leaving meaningless because in this case you have to know how to trade and if you know that then you still are making profit! and if you are not then you were fooling yourself all this time.

not completely opposite. as i said the "dumping season" was perfectly expected out of altcoins as they have it nearly every year. and the big ass drop in bitcoin was also expected since the rise was huge to $20k and it was a bubble. maybe it wasn't expected that it takes this long and this low but a drop was expected.

we never expected bitcoin to rise because of the things you listed below. most of them the Chinese thing were even during the start of drop which couldn't just reverse things!
and the Coinbase things were altcoins being listed and THOSE altcoins were pumped as expected!

there is always traces of manipulation in every rise and fall but the general direction that the market is going is unchangeable.

At the current time of market manipulation, crypto-currencies are quite common, which scares off large investors.

I am not sure but my speculation is there is also a form of manipulation on going in the market. But some of the people don't trust their coins and just dump them right away because they are just tired of waiting and I think that is going to be bad. I still believe that bitcoin is gonna go green anytime soon and as well as the altcoins.

I don't think that you listed is the new form of manipulation Chinese new year is the event that Chinese is celebrated every year I don't think that is another way of manipulation and it is normal for coinbase to list a new token as long as they meet the requirement.

I heard a theory like that because it seems like EFT should not have so significantly and Powerful effect on the Bitcoin price, and more than that it has ruined all the alternative cryptocurrency which is completely amazing.

Manipulations prevent the transparent formation of the value of digital coins. Even the European Banking Office was interested in this problem, which recommended starting to combat abuses in the market and to achieve maximum transparency of data on digital coin prices.

I don't know but I think you're getting the OP wrong. The things listed there are not what it's being used to manipulate but OP meant (well, in my opinion) manipulators have now got a new way by using those mechanisms. As in, they make you think the opposite way while they, change all the market fundamentals.

I side with the OP somehow because when ETF was first rejected some weeks ago, we all thought a dump was going to happen but it didn't, BTC even went higher for some days before dropping. Now, a second hearing is coming and look at what's happening to the market.

Yes, you are right, many of the news you are talking about, very much contributed to the rise in the price of bitcoin. However, you have not mentioned the news that many ignore. Vitaly Buterin (foundation ETH) proposed to introduce a system of vouchers or prepaid cards of a certain denomination. For example, 100$ or 5$/ You buy the card enter the value in the specified application or the wallet and your balance is replenished to a required amount amount of cryptocoins on the current exchange rate. 100$ - price 1ETH 400$ - you will have on the balance of 0.25 ETH

I see no other reason but the market manipulation only. I suspect that this is being done so that big players now can make their entry into it. Otherwise why there was any need of this if the market already dipped down below for over 6 months and then it also starts moving back to higher prices. Now there is huge dump we are in currently and this is surely only one thing, manipulation so that those who left behind will be jumping in. Who knows there are many more groups of whales who wants the way in and they are manipulating it at different time to stay safe.  ???

first of all, all the things you listed are only speculation or in other words opinion of some people. if you chose to blindly believe and follow it and fail then it is your fault because nobody forced you to believe in them!

secondly as i said these are speculation. for example the Chinese thing, some people were saying because people are selling to go to Chinese holidays bitcoin price is falling. if you look at my post history i said it doesn't make any sense and it did not. which is why price didn't go down that much during that time and also it didn't recover afterwards.

same with ETF. right now one group is saying bitcoin will go to the moon with ETF that SEC is going to approve. another group is saying it won't be approved and price will fall and some ... it is up to you to believe in which speculation and see which the market is following.

I'm also still confused, is this just a temporary manipulation, with the aim of lowering the prices of Bitcoin and Altcoin to be low then they will buy them in large quantities, or this is really a decrease because the market is less conducive.

come on with all the adoption and good/much needed regulations and reasonable taxation bitcoin is gearing up for mainstream

selling now is what they want you to do.

17M coins can only ever exist (4M suspected gone forever)

You have an entire bitcoin now it could be all you need for retirement ... or could go to zero

Is it worth selling for a shitty 6k USD?

Hold and quit worrying or smarter people accumulate as much as you can afford without borrowing.

of course manipulation is there by new companies which are trying to enter the market at a good price .Moreover, bitcoin last year reached level most people didn't imagine it could be possibly reached and market was overbought , so what we are seeing this year is normal and heavy correction that happen in every market .
soon this will end and price will rise again and maybe pass its ATH.

Indeed, there are manipulations in the market that are being played by certain group of people. They can provide the market its price to go up or went down. Thus, being the reason of red market again, why? Investors are no ignorant, they see that market are manipulated then they also would not risk the market to put-in their investment. Further, the market continuously slowing; thus, it might be that one of its reason could possibly the manipulation. In contrary to the statement, manipulation may also give the market  a control over unanticipated activity. Moreover, groups can make certain ideas as to when they can go for up or when will they not. Consequently, controling the market investment...

There is definately lot's of manipulation on the market. We hear some bullish news lately but the prices keep dropping.

I believe that bitcoin is a new technology, what happens on the market is not new, it has been done before many times. It`s economy, it`s marketplace you can trade with cars, stocks or crypto, when a product is on the market it moves depending on marketplace laws. What keeps me here is new technology that will find a way to people, I don`t care much about manipulations, whales do what they know to do, like always many small fishes follow them and fight for leftovers, let them do what they wish to do. I`m interested in technology behind, and I believe it`s something good for entire world. Path to the top will be rough, but we can make it to there, we have a good directions and that`s all that`s matters, everything else is speculation, people try to make more profit and they don`t care what they use as long as they are satisfied, I`m not that person.

Stop blaiming all sorts of external factors. The development is very simple - everytime someone sits down and performs a solid analysis they conclude that the Bitcoin fever is over. The ATH at 20.000$ made sure that everyone who would ever want to get into Bitcoin also did go into Bitcoin. There are no new investors to pull in. And as more and more owners of Bitcoin begin to realize it will never get truly back up, they are leaving. Thena few HODL'ers pick up at the dip causing a small increase - but every increase also gets to a lower and lower peak. This is a long slow spiral down, and the sooner you leave the smaller the loss you have to suffer.

Don't be confuse even if they can manipulate the market they can not make it go to zero, They will sure can make it happen because they had a lot of resources and they move as a team that is why they can make the price drop, Don't worry to much because we have plenty of reserve that satoshi had already hide so bitcoin can really stay, This is just a slight movement of the value because they will do anything to gain from it and will put a lot reserve on bitcoin when they buy cheap.

That would never happen!
The whole community can never think in one way, because there are people with different mindsets, and different theories about every other thing. Every other person have a hold on their Bitcoins for a very different reason, and they act according to that when they see a situation. And, there are people with very strong, manipulative minds who know exactly what to do to make a whole big part of the community to react as per their wishes, and they succeed, most of the times. They simply manipulate the people, make them feel the fear of losing, and the people are most of the times in fear so they act to it, and boom! we get a situation again.
That is how it works, and that is how it will, in future too.

I don't even get how you get manipulation from the list you just posted here. these seem like such random events this year and for every one of them there were others equal and in their opposite. the only thing that I can understand is the ETF thing that is currently ongoing. and that is because unlike others people paid a lot more attention to this news than they paid attention to anything else. and the worst part is this event is not as important as people have been making it to be.

I believe that these bear markets in this year has something to do with whales manipulation since they have enough btc reserves that they can create an impact to make it happen. But as we all know, after bear market there will be a stabilization and then going for a bull market and therefore investors must have to be patient  with their investment as this is just how cryptocurrency works in the market. People should always consider that crypto market are very unpredictable to the extent that we really never know what's next.

And I wonder so as well. sometimes I even say that Bitcoin flourished when the ETF brouhaha was not in existence and so I'm suprised at why we have made it control most of us in crypto. It seems majority are thinking without the ETF BTC can't survive and that's not the case. We can survive amidst the absence of ETF because i have not seen any mention of ETF in Satoshi's white paper (which is what the Bitcoin technology is based on).

I strongly agree with this that being a small trader that the market right now is being manipulated. There are many inexperienced holder of bitcoin right now that just a small movement of the chart make them panic instantly. We must always trust that bitcoin will beat ATH and the currenct situation is just temporary only.

The issue is not yet over because the ETF was postponed to September 2018 , this means that we will expect another movement of the market but the side it will move infavor  is still not known. But let us hope that the ETF will be admitted by SEC in September as expected then the rally we have been expecting will happen

Specially the ETF, it is really totally manipulation ,because they want to earn money because of this situation, weak hands are really pathetic this time, they will just do pump and dump, dump if they want to buy more at much cheaper price.

Well I'd say it is manifesting in both of the ways you just suggested. Manipulations have always been temporary until it gets really bad which will drag it down further. Manipulators might think they're just getting it down a little bit until others join innand even sells cheaper. Anyways they can make even more profits when they manipulate the prices up.
To the second point, I think majority of the coins in the market are struggling to get their viability and that makes peoplloose trust in them thereby killing those coins

It's hard to say that this is a form of manipulation, when the amount of negative news certainly makes a lot of people worry and choose a cut loss rather than hold, I'm sure the market will improve soon.

And people keep falling for it , as for the market, we have been awaiting the bull market for quite a while now, and the future isnt looking up

I can smell manipulations ,my advice for people in crypto is to stop panicking ,the question is will the manipulation last forever ?? Of cos not ,so let's all chill and watch ,don't dump your coins ,if you leave now does means you are weak,we only need strong minded people in cryptocurrency world.

Right from day one manipulation is there,it's not a new thing,why is everyone getting worried about that?things will work out by itself ,we have to be strong and HODL tight ,even if we don't see bull run this year its not the end of the world ,right from time bitcoin always find its way out of troubles .

you have fallen for the FUD too.
in the past couple of months you have been told that bitcoin is going to fall down more but it has been holding the bottom strong and staying above it despite all the attempts at manipulation.

The development of bitcoin and cryptocurrency is still evolving. So much ups and downs are expected. I felt like wise but I noticed that amid these confusing circumstances there is massive underground adoption. It means bitcoin future is bright and intact.

The only way for bitcoin to go back to green would be news of it being adopted or plans even. But lately, we just get bashed left and right due to EFT denial. Which does not constitute bitcoin in the least. But bad news is bad news.

I may somehow believe that what happen in the current market is something to do with whales manipulation as this has been always experienced in the market. But still, I am optimistic that this could be resolved after the market adjustment that is currently happening and would become to normalize soon.

Great that you've pointed out the fact that almost everything happened this year in the opposite way to our expectations. The may clearly mean that BIG whales are playing their game correctly and we should start thinking like them. They see a great potential in crypto and will keep this pirce low for now to load and load more BTC.

Cryptocurrency is largely unpredictable. The price fluctuations are also mostly unexpected.
When thinking like a whale, you would have to decipher the reason behind their actions, this would give you an idea, whether to Hodl, sell or buy.

Those news and FUD are really affect the price of the market.
And people will FOMO and follow the news.
But i'm preety sure there are whales and medias behind these condition, and they're taking profit from it

Well, for now, a slow fatigue and growth, so that everyone believes in the turn. And locally this reversal is likely to happen, but only so that market participants believe it. After him, you still have to fall. Keep this in mind.

that is because you are talking about altcoins (cryptocurrencies). they are indeed unpredictable and the reason is because there is no logic in pump and dumps so you can not use that logic to predict it. it all comes down to guesswork and knowing how pumps work for altcoins.
holding an altcoin is silly though because of the dumping part of the pump and dump which you can clearly see these days as altcoins continue falling.

they can create an impact to make it happen. But as we all know, after bear market there will be a stabilization and then going for a bull market and therefore investors must have to be patient  with their investment.

Yes, I would say it is a manifestation in both ways you have proposed. Manipulation may think that they only get it down a bit until others join the innand even cheaper. To the second point, I think that most of the money in the market is struggling to get their viability and that makes everyone's beliefs go through killing those coins.

It seems to me that the role of the news is not so great now. Bitcoin for the year rose from $ 600 to$20 000! This is simply unimaginable! I think that many people who have bought bitcoin for 600 simply take profit and therefore the price falls down more and more.

There will always any reason for the falling of cryptocurrency price in the market if you heard the rumors.
But what we must do is trying to find out what is exactly the reason for this bear market.
Anyway, i think the bear market will be end soon, we see the market recovering now.

In this real world, there are many new forms of manipulation even on cryptocurrency world. We must be careful before deciding to jump into cryptocurrency world especially when we want to use our money to be investing on crypto. Just do some research first.

I think there is definitely a manipulation happening by the whales I guess or from the different exchanges I think it is just a coincidence that there is an event or big occasion happening when the market is red so that's why those events are there in the first place and the "hacking" that is happening in the exchanges I think that is just a hoax those exchanges are created so the bitcoin will go down but it is just my opinion.

Because there are too many negative issues this year, causing people to panic. Especially people who haven't known crypto for a long time, causing massive dumps. This is a very bad situation  :'(

The fluctuation in bitcoin market is about demand and supply. It is possible that those who bought bitcoin at earlier times are now selling them. However, the quantity involved is what I don't know. While the number of people that use bitcoin is on the increase (in my opinion), they may not likely invest more because of the current market value. Bitcoin/cryptocurrency performance in recent times may not encourage new investors to put in reasonable money. The feedback on the performance will have impact on intending investors. Old investors with big amount of bitcoin are probably taking profits and predetermined intervals, thereby, forcing the market down at such intervals. Other factors that maybe manipulating bitcoin price include-certain measures/news by some countries concerning bitcoin, among others. All these factors can cumulatively affect the value of bitcoin.

Either the market of crypto was manipulated or not, it is quite important to know the yearly event in the world to know the movements of market.
Some events need huge amount of fiat money, so the whales maybe sell their coins at that time and will comeback to buy later.

Well good news usually considered as market manipulation, and manipulation is a common things in cryptocurrency and thats what makes the market so volatile. But still i think someday crypto price would be stable when ETF are approved and ETN, and when nasdaq and wall street sell cryptocurrency and crypto become more common in our daily life, i think it would be more stable like market stock.

I don't think those factors has any influence on Bitcoin, but as Bitcoin price and market highly volatile and whales and rumors are being very big catalyst here - I think we just need to wait up to get rid of the whimsical investors and Bitcoin a little more time to stable up.

I think so, they dropped bitcoin from the fall now
they outwit bitcoin miners. keep and hold your coin is only manipulation of them

We have had a quite stable time period so now we are patiently awaiting the bull market!

Idk how OP came out from those he mentioned above like I didn't see that it wholly affect the market and only the ETF issue had the real score since it brought uncertainties that lead some to panic. Why don't we be used to all this kind of manipulation besides this was already part of the market long time ago. Likewise, have a strong balls to withstand all of these as you never get a decent profit if you just easily sway by everything.

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We still have a week to go before ETF decision so just hold your balls tight.

It seems to me, or the Chinese new year is not connected with bitcoi and blockchain in general, or am I wrong?