Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: tiedcoin on June 09, 2019, 02:24:51 PM



Title: wait, who owns the market?
Post by: tiedcoin on June 09, 2019, 02:24:51 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.


Title: Re: wait, who owns the market?
Post by: Adriano2010 on June 09, 2019, 02:31:07 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high.


Title: Re: wait, who owns the market?
Post by: Beerwizzard on June 09, 2019, 03:06:00 PM
Bitcoin is seen as having a value greater than the sum of its parts.

Please PM me. I would try to sell you 1 satoshi for $1k. I see you are a smart guy and see that 1 sat cost much more than its current value.

Market is controlled by whales. The more whales we have the less powerful the single one is and less influence on the market whales have. So right now we see that one whale can almost instantly crash the market by -5% so the market is more centralized than we want and it is controlled by whales.


Title: Re: wait, who owns the market?
Post by: bitmover on June 09, 2019, 03:23:25 PM
Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.

Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?


Title: Re: wait, who owns the market?
Post by: XinXan on June 09, 2019, 03:36:46 PM
Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.

Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?

I doubt bitcoin would stop being manipulated with regulations in place, regulations will never be able to stop manipulation, the same manipulation happens in classic assets too, even dollars or euros, the biggest difference, I believe, is the volume and liquidity of the other ones compared to bitcoin. It doesn't take a lot of bitcoins to be able to manipulate the market heavily, however it does take a lot of euros to ever crash the eur/dollar market for example.


Title: Re: wait, who owns the market?
Post by: mk4 on June 09, 2019, 03:37:41 PM
I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high.

No one has 100% control over the markets, but it can definitely be controlled to a certain extent. Whales, news sites(crypto and non-crypto), certain personalities(crypto and non-crypto), and even the government, can affect the markets one way or another.

Though as time goes and liquidity gets better, it gets harder and harder to manipulate BTC's price.


Title: Re: wait, who owns the market?
Post by: Ailmand on June 09, 2019, 03:47:56 PM
Quote
But does anyone control it?

Whales, news, FUD, personalities, and a lot of factors controls, influences and affects the the market. However, no one controls bitcoin since it is in an open market. Whales manipulate the price and it creates a chain reaction since some people panic whenever the prices drop to avoid losses.






Title: Re: wait, who owns the market?
Post by: CryptoBry on June 09, 2019, 03:49:00 PM
Bitcoin is seen as having a value greater than the sum of its parts.

Please PM me. I would try to sell you 1 satoshi for $1k. I see you are a smart guy and see that 1 sat cost much more than its current value.

Market is controlled by whales. The more whales we have the less powerful the single one is and less influence on the market whales have. So right now we see that one whale can almost instantly crash the market by -5% so the market is more centralized than we want and it is controlled by whales.

I agree with this. While bitcoin itself can't be controlled because as cryptocurrency it is not owned by anybody or any group, it is the trading of bitcoin that is heavily influenced by those who have hoarded the most because any move they do will always have effects on the market. So what do you think are the solutions to lessen the impact of these whales?


Title: Re: wait, who owns the market?
Post by: Genemind on June 09, 2019, 05:38:24 PM
No one owns the market but the occurrence of different things around the cryptocurrency world influence and affects the volatility of the market.
Events, supply and demand, whales, controversies, adoptions are some factors thar bring changes in the prices.


Title: Re: wait, who owns the market?
Post by: josephdd1 on June 09, 2019, 06:33:20 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

most wallets, nearly 80% of all btc wallets that is, hold less than $100 in btc worth
less than 1% of all people actually own most of the btc right now.

You can see the charts here : https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html


Title: Re: wait, who owns the market?
Post by: oseikuf44 on June 09, 2019, 06:50:36 PM
The market can not be owned by a single or group of people in a conspiracy to control world finances. Never, as usual market is determined by supply and demand of the people participating in it. Either whales or pump, none can manipulate the market.


Title: Re: wait, who owns the market?
Post by: Upgrade00 on June 09, 2019, 06:58:05 PM
Either whales or pump, none can manipulate the market.

Wrong! The Bitcoin market can be manipulated, if you follow this thread closely you'd have gotten hint of how it is done. The Bitcoin network is decentralized, but there is need for centralized industries like exchanges, to make it mainstream.

Your reaction to market manipulation and ability to read and interpret charts would largely determine your success as a trader or investor.


Title: Re: wait, who owns the market?
Post by: dothebeats on June 09, 2019, 07:42:16 PM
No one owns the market in its entirety, but perhaps there are some forces who controls the majority of the market movement that everyone of us here follows. These are the whales, and we all know how this current trend started: a simultaneous buy of thousands of bitcoins across several exchanges that happened on the first of April, and up until now we can see the effects of that single pivotal move. Also, the previous huge sell in the market also saw us drooping down sub-$8000 ranges from a high of $8700 just a few weeks ago, and again it's just a single chunk from a single entity.

They don't own the market, but they sure as hell control it with their own hands.


Title: Re: wait, who owns the market?
Post by: Adriano2010 on June 09, 2019, 08:10:55 PM
-snip-

No one has 100% control over the markets, but it can definitely be controlled to a certain extent. Whales, news sites(crypto and non-crypto), certain personalities(crypto and non-crypto), and even the government, can affect the markets one way or another.

Though as time goes and liquidity gets better, it gets harder and harder to manipulate BTC's price.

Indeed whales and some news and personalities talking about bitcoin (bad or good news) can affect the market, but if people who own it not sell when price is low then can be hard to affect it for long.


Title: Re: wait, who owns the market?
Post by: Nadziratel on June 09, 2019, 08:46:51 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

It's hard to ensure exactly who controls the market. I think the answer here would be all Bitcoin owners on the market, but unfortunately the system doesn't work like that.

Especially those who own a large number of Bitcoins have the power to influence the price. Of course, the effect I'm talking about is not 100%, but they can still be very effective. You know Craig Wright has a threat in this sense. I don't think he can, but he may affect the price a little.


Title: Re: wait, who owns the market?
Post by: hatshepsut93 on June 09, 2019, 09:03:23 PM
When you are saying "big money", can you name any specific names? Can you name the companies, the individuals, banks, governments that are in your opinion are moving to Bitcoin? Do you have any evidence that they do?

People here so often use words like "whales", "manipulators", "bankers" when they talk about some shadow powers that are supposedly controlling the market, but no one ever posts evidence and investigations how this actually happens, so I'm inclined to think that this is just a conspiracy theory.


Title: Re: wait, who owns the market?
Post by: felicita on June 09, 2019, 09:17:30 PM
in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards


Title: Re: wait, who owns the market?
Post by: cryptjh on June 09, 2019, 10:07:34 PM
The bigger BTC wallet or fiat wallet you have, the more you can control the market.
Each day small retail investors are buying small fractions or even whole bitcoins, the numbers of people who own bitcoins are growing each day, this growing numbers of bitcoins owners will in the next many years grow into a large group that will buy up the whales bitcoins if they choose to dump their bitcoins into the market.
So hopefully, these whale dumping the market periods will in the future turn into whales not selling anything periods.


Title: Re: wait, who owns the market?
Post by: XinXan on June 09, 2019, 10:32:22 PM
in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards

it is way harder to control the fiat market, almost impossible for a single person, even for a group of people since the liquidity of that market is insane compared to bitcoin. You only need around 20k bitcoins to create a massive crash, however that amount of money would be nothing for forex, the market wouldn't even move that much even if everything was sold at once.


Title: Re: wait, who owns the market?
Post by: Cuk0ng_bitc0in on June 09, 2019, 10:38:25 PM
I will answer one of your questions.  others you can search for from other references.  whales, investors, active traders are crypto users who control the market.  they create bearish and bullish.


Title: Re: wait, who owns the market?
Post by: joniboini on June 10, 2019, 03:06:18 AM
You only need around 20k bitcoins to create a massive crash, however that amount of money would be nothing for forex, the market wouldn't even move that much even if everything was sold at once.

Agree. Fiat or forex market liquidity is so high, however, in some cases, they can crash heavily such as what happened in Venezuela or any other countries which got massive inflation. So, politics and economics heavily influence the movement of fiat market, while the crypto market is still so immature and almost anything can move the price up or down. Too many emotional traders and those who want to get rich quickly in this market, and the exchange are way too many.

We should expect crypto to be more stable when the liquidity is high enough, or at least the close to the forex market.


Title: Re: wait, who owns the market?
Post by: pragna on June 10, 2019, 04:16:56 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.


Title: Re: wait, who owns the market?
Post by: masulum on June 10, 2019, 08:52:27 AM

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.


Title: Re: wait, who owns the market?
Post by: blockman on June 10, 2019, 09:59:28 AM
Bitcoins were mined by miners.

in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards
They control the market and manipulate it but they don't own it.


Title: Re: wait, who owns the market?
Post by: Juggy777 on June 10, 2019, 10:29:56 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The answer to your first question is no one owns bitcoins market, though it’s often manipulated by whales. Second question is vague as Bitcoins were created by Satoshi in 2009, and now miners create it by mining them with their equipment’s. In the end if you’re trying to say one should invest in bitcoin, then you’re correct as bitcoins often give good returns in the long term.


Title: Re: wait, who owns the market?
Post by: klaaas on June 10, 2019, 10:48:50 AM
Bitcoins were created by Satoshi in 2009, and now miners create it by mining them with their equipment’s. In the end if you’re trying to say one should invest in bitcoin, then you’re correct as bitcoins often give good returns in the long term.
Satoshi created the network how it operates. Mining is used to get new coins in the system and to add new transactions to the blockchain.


Title: Re: wait, who owns the market?
Post by: Naughty Princess on June 10, 2019, 11:27:50 AM

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.
I agree. No one owns the market, there is only big investors that manipulates the market that is why there is volatility to circulate the volume and the value of the coins. Coin is what created by someone but the market exist because there is something to sell and offers services.


Title: Re: wait, who owns the market?
Post by: Herbert2020 on June 10, 2019, 12:20:39 PM
that is a very silly question because it is no longer 2009-2010 and bitcoin market is not some small altcoin market that could even be "owned" and controlled. the market is not that big yet but it is big enough to make it impossible to be controlled by anybody unless they have billions of dollars to waste and nobody has that much.


Title: Re: wait, who owns the market?
Post by: stadus on June 10, 2019, 12:31:57 PM
AFAIK, once you own bitcoin, you already own a portion of the market.
Massive price increase will happen if there is a good and continuing adoption in the long run, if you are not selling, you will enjoy
and be benefited on the increase of value, so regardless of how much percentage you own based on the total supply, you are holding a precious
one as bitcoin and crypto are going to be big and successful in the future.


Title: Re: wait, who owns the market?
Post by: iqlimasyadiqa on June 10, 2019, 12:51:02 PM
in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards
People who have a lot of bitcoin must have control that is so strong, when someone has a large number of bitcoins the market can be controlled and that person can determine when to pump or dump prices. yes exactly what you say that in this world every person who has strong financial abilities they have power and can do anything. in all situations, this will continue to happen, what needs to be considered is that we must not experience panic in all situations, we must be able to think calmly and carefully.


Title: Re: wait, who owns the market?
Post by: Lizzylove1 on June 10, 2019, 08:19:45 PM
The cryptocurrency community members determine and control the price of the bitcoin. There is no hidden man somewhere who decides for us, we create the atmosphere by our hands, this is why is important we avoid FUD against Bitcoin.


Title: Re: wait, who owns the market?
Post by: pixie85 on June 10, 2019, 08:45:43 PM
Bitcoins were mined by miners.

in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards
They control the market and manipulate it but they don't own it.

You're talking like all miners are working together to control the market. :D Miners don't hold everything they mine. They have to pay their bills which sometimes reach more than half of the value of the coins they're mining. They have employees security, people who repair stuff when it breaks.

It's more probable that exchanges are manipulating the market with their users money and not miners.


Title: Re: wait, who owns the market?
Post by: bubislav on June 10, 2019, 09:16:28 PM
Hi l have already read your post. l think BTC is not controlled. it is free to use for everyone. That is right between 2017-2018 it was high but it went slowly down and it is impossible to create new BTC. There is enough in the world and it won't go high.


Title: Re: wait, who owns the market?
Post by: leonair on June 10, 2019, 09:27:28 PM
The market is owned by people who participate with it, it's true that rich people or big whales can manipulate the market but not for so long because the technology will prevail itself and there's no need for lies. We can't do anything to those people who have enough funds to take advantage with the market though but if we believe to what's coming then we are all fine.


Title: Re: wait, who owns the market?
Post by: MonsterV on June 11, 2019, 03:27:26 AM
I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I don't think so, maybe you just don't know that the market is always controlled, the market is not always controlled by banks or government agencies because this is a decentralization coin, so here it is only controlled by whales, even whales can make big waves as they like and make panic everywhere .
The crypto market is not a government-controlled fiat market, here free people and popes can make that manipulation.


Title: Re: wait, who owns the market?
Post by: stadus on June 11, 2019, 05:04:32 AM
The market is owned by people who participate with it, it's true that rich people or big whales can manipulate the market but not for so long because the technology will prevail itself and there's no need for lies. We can't do anything to those people who have enough funds to take advantage with the market though but if we believe to what's coming then we are all fine.
Agree, we also own it, we have different amount of exposure but the moment we invest, that's give us ownership.
We cannot compete the rich because they have a lot to risk, and when they are aggressive, that's the time we should be confident as they won't risk that big money if they are not seeing the potential of the market.

It's still too early despite bitcoin existed for years already, the adoption is still low and it's potential adoption rate is not achieved yet.
That's the factor we have to look at when investing. As bitcoin enthusiast, I'm proud I own something even how low it is. 


Title: Re: wait, who owns the market?
Post by: kaya11 on June 11, 2019, 05:17:37 AM
Aside from whales, the one who really controls it is time. The season changes, sometimes it goes along with Bitcoin's related events and news and then boom, another one exist and it continues. The fact that we are actually waiting for something proves it is time we are waiting for that moment to happen.


Title: Re: wait, who owns the market?
Post by: davis196 on June 11, 2019, 05:37:28 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The "big money" saw the potential of bitcoin as a highly volatile and speculative asset.
You are wrong,when you say that nobody owns the market.Where will the market be,if there are no crypto exchange platforms.They are centralized as hell,and they could influence the market prices a lot.


Title: Re: wait, who owns the market?
Post by: Kakmakr on June 11, 2019, 05:54:27 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The Bitcoin price is determined by Supply and Demand on a public accessible market. <Open source is mainly associated with software.  :P >

Bitcoin are being created by a process called mining and this is done by 1000s of miners from different countries, but most people know this, so it's not a centralized creation process, like the printing of fiat currencies.

People want to mine these coins, because they get Bitcoin as a reward for their hashing power <electricity>  ;)

Lastly, "big money" or institutional money has not even entered this scene from most countries, and when this happens a price explosion will take place.  ;)


Title: Re: wait, who owns the market?
Post by: imstillthebest on June 11, 2019, 06:05:52 AM

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.
I agree. No one owns the market, there is only big investors that manipulates the market that is why there is volatility to circulate the volume and the value of the coins. Coin is what created by someone but the market exist because there is something to sell and offers services.

The market or the exchanges is owned by its creator,  they can control it and the buyers/sellers that uses those eexchange can also control it . Whales are popularly known that controls the market because whales are too powerful . They are rich and they can move the price on their own favor but its not a major problem at all to be concerned with because we small time users do also get benefits from the whales  .


Title: Re: wait, who owns the market?
Post by: princesspoppy on June 11, 2019, 07:42:39 AM
The market is not owned by anyone but it can be controlled by some people who referred to as whales. These whales have a huge amount of cryptos, either be bitcoin, ethereum or any other coins or tokens out there. They are controlling the market by dumping their coins. Once the price drops in the market, people with weak hands will do panic selling and those whales, they will gain or earn the coins or tokens those of the weak hands, they will then buy more coins and then boom, they will make more profit. And those who did panic selling will surely regret what they did once the market recovered. 


Title: Re: wait, who owns the market?
Post by: slaman29 on June 11, 2019, 08:30:37 AM
The market is not owned by anyone but it can be controlled by some people who referred to as whales. These whales have a huge amount of cryptos, either be bitcoin, ethereum or any other coins or tokens out there. They are controlling the market by dumping their coins. Once the price drops in the market, people with weak hands will do panic selling and those whales, they will gain or earn the coins or tokens those of the weak hands, they will then buy more coins and then boom, they will make more profit. And those who did panic selling will surely regret what they did once the market recovered. 

Whales may be able to manipulate the market, but their influence will slowly erode over time. Sure, they are accumulating so you can tell they're also waiting for prime price to sell, but these guys realize as they did in 2017 that they can't dump too much or their precious altcoins (whales love alts too) will just die out and go into extinction.

We all own the market. It's not just a dream, it's true.


Title: Re: wait, who owns the market?
Post by: Lily_Olive on June 11, 2019, 09:28:34 AM
I think no one own the bitcoin market.. many people are engaged in bitcoin market.. so according to my views no one own the bitcoin market..


Title: Re: wait, who owns the market?
Post by: serjent05 on June 11, 2019, 09:44:40 AM
I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high.

No one has 100% control over the markets, but it can definitely be controlled to a certain extent. Whales, news sites(crypto and non-crypto), certain personalities(crypto and non-crypto), and even the government, can affect the markets one way or another.

Though as time goes and liquidity gets better, it gets harder and harder to manipulate BTC's price.

I think the correct term is influence.  I also think that Bitcoin market cannot be controlled by a single entity or group but the opinion of reputed and distinguised personality and groups can influence its price movement.  Same way with whales' action.  Just like what happened to the market last week.  Someone had dumped a huge amount of BTC  creating a fake dump so that price would crash and buy at a lower price (https://bitcoinist.com/bitcoin-price-tumbles-below-8k-whales-manufacture-dump/).  I believe this is not manipulation but rather a gamble if people who have weak hands will be shaken and thus this whale succeeds.  Weak hands were influenced to sell their coins thinking that the price will crash further.


Title: Re: wait, who owns the market?
Post by: mikelsmith2020 on June 11, 2019, 11:22:36 AM
Most of the people thinking it's owned by whales but we don't have an assurance to it, there's a speculation that most of the bitcoins are stored in some wallets with more than thousand of bitcoins however they found out that it was an exchanges wallet which literally may have most of the bitcoin. But no matter what it was a decentralized and we can make any price we want from it, it's still a matter of demand.


Title: Re: wait, who owns the market?
Post by: nasipadang on June 11, 2019, 11:49:57 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
No one has market, regarding the issue of ownership, control or how bitcoin can be made this is still in the perception and personal opinion of the user. For example, we do not know whether it is true that the market is controlled, how if the mass causes up and down prices, not someone who trades large amounts of bitcoin, on the contrary we do not know how much or who holds bitcoin and the amount of bitcoin in their wallet.


Title: Re: wait, who owns the market?
Post by: kamudd on June 11, 2019, 12:58:36 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high.
That's right, the increasing demand makes us have to compete in putting up the purchase price. But somehow nowadays bitcoin is becoming increasingly popular and precisely when the price increases, more and more people feel happy.


Title: Re: wait, who owns the market?
Post by: b3llsf1l3s on June 11, 2019, 02:27:33 PM
Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.

Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?

I doubt bitcoin would stop being manipulated with regulations in place, regulations will never be able to stop manipulation, the same manipulation happens in classic assets too, even dollars or euros, the biggest difference, I believe, is the volume and liquidity of the other ones compared to bitcoin. It doesn't take a lot of bitcoins to be able to manipulate the market heavily, however it does take a lot of euros to ever crash the eur/dollar market for example.

However it's hard to stope everything in this crypto from being manipulated, it's not about regulation, even refulation didn't affect to any manipulation activities. We know that whales are the only one who can did it right ? So i think it will stop if we found whole whales and make previlige to them about the control of Bitcoin itself.


Title: Re: wait, who owns the market?
Post by: antisocial77 on July 27, 2019, 05:33:09 AM
Mining was mostly personal before so nobody had power on prices but today mining companies has power only. Second is people who play with big amounts and who entered the market earlier has power as well.and maybe not bitcoin but they control every altcoins


Title: Re: wait, who owns the market?
Post by: Ridwan Fauzi on July 27, 2019, 06:47:36 AM
I think the regulation or some information is one of the part who own the market. The whales as many people says who had a lot bitcoin and their wallet will sell and buy their bitcoin depend on on the regulation and some information who comes to the cryptocurrency. So, when you try to invest and being a trader you have to know the latest information that comes to cryptocurrency and regulation frok some countries and companies who decide to accept and refuse bitcoin. I came to cryptocurrency at 2017 ago and most of the movement price development of cryptocurrency was caused by them.


Title: Re: wait, who owns the market?
Post by: freedomgo on July 27, 2019, 10:23:13 AM
These investors who are also here now are manipulating the price, and that's very obvious as we can witness on its volatility.
They are here not only because they saw the potential in the future but also because they say they can make money in short term, of course using their power to manipulate the market.


Title: Re: wait, who owns the market?
Post by: samcrypto on July 27, 2019, 10:49:54 AM
Bitcoin is gaining popularity each and everyday in cryptocurrency. As a result of this, more people are joining this industry just to make profits. We own the market by ourselves.
If you have cryptocurrency yes, its growing indeed and some whales almost own the whole market because of so much money that they have. Even Satoshi owns the market, he can destroy this anytime for sure but I know it will not happen. No one really owns the market, it is being moved by the demand with a limited supply especially with bitcoin. Altcoins are being owned by the developer of course, they can ruin that too.


Title: Re: wait, who owns the market?
Post by: supine on July 27, 2019, 11:55:04 AM
No one controls it, but influencers and whales influences the movement of the market. How they manipulate the market price has a huge impact on the over all market movement.


Title: Re: wait, who owns the market?
Post by: NavI_027 on July 27, 2019, 12:14:33 PM
[snip]
If you have cryptocurrency yes, its growing indeed and some whales almost own the whole market because of so much money that they have. Even Satoshi owns the market, he can destroy this anytime for sure but I know it will not happen. No one really owns the market, it is being moved by the demand with a limited supply especially with bitcoin. [...]
Let's go on this way, instead of saying that we own the market I think much appropriate if we use the term run — We run the market. We, the investors, is like serving as the fuel of an engine, without it the engine will not work at all thus losing its sense of value ;D.


Title: Re: wait, who owns the market?
Post by: xvids on July 27, 2019, 02:09:26 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Everyone controls it we all have a part of it but the Whales play a huge part of course,
It would alwaysbe the huge owners who would be the ones in control just like in real world those who have the money also have the power.


Title: Re: wait, who owns the market?
Post by: gomezjoe on July 27, 2019, 02:17:14 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Maybe the exchanges owns it.  ;D


Title: Re: wait, who owns the market?
Post by: target on July 27, 2019, 02:23:04 PM
We all share the same control the market but those who understand well can see when the prices are going to spike up. Today seem to have taken a nose dive. I really think the price can dip into the 6-7k before it can fly up again to $10k, it has to go that low for the chart to show its oversold.  So if you plan to buy, do it when the price hits this low. Lots of big opportunity here so just be grateful to those whoever controls the market.


Title: Re: wait, who owns the market?
Post by: adzino on July 27, 2019, 02:27:57 PM
No one owns the market. This is a free market were the buyers and the sellers decide the price. But unfortunately, this market can be controlled by the whales. The whales can manipulate the market anytime they want. Basically, someone holding a huge amount of coins (exchanges are also included here) can partially control the market according to their own will. But then again, it becomes risky for them to manipulate the market since other whales may take the advantage of the manipulation.


Title: Re: wait, who owns the market?
Post by: Cryptotissue on July 27, 2019, 02:50:32 PM
From personal observations and some years in the crypto space, the Bitcoin market is basically owned by people with a huge amount of bitcoin. They decide the price of bitcoin at any point in time since they either increase the supply or decrease the amount of bitcoin in circulation. In as much that everyone can buy Bitcoin, people with a huge amount of it are the ones who own the bitcoin ecosystem..


Title: Re: wait, who owns the market?
Post by: d_fitrie on July 27, 2019, 04:09:50 PM
Markets are not managed by individuals, groups, popes or others because it takes millions of dollars to increase or decrease market prices, markets are managed in general based on supply and demand when the transaction works


Title: Re: wait, who owns the market?
Post by: ubay on July 28, 2019, 04:17:08 AM
Either whales or pump, none can manipulate the market.

Wrong! The Bitcoin market can be manipulated, if you follow this thread closely you'd have gotten hint of how it is done. The Bitcoin network is decentralized, but there is need for centralized industries like exchanges, to make it mainstream.

Your reaction to market manipulation and ability to read and interpret charts would largely determine your success as a trader or investor.

Oh yeah, can you explain how someone or the market manipulates the price of bitcoin? Give reasons in detail, do not assume if there is no evidence.


Title: Re: wait, who owns the market?
Post by: Lalafell on October 04, 2019, 08:05:13 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
The price of Bitcoin is not the same as its value. Price is determined by the market in which it trades: by means of supply and demand. This is the same way the price of your secondhand car, a bag of apples in the supermarket, an ounce of gold and just about everything else is determined. Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies, and the exchanges it trades on.


Title: Re: wait, who owns the market?
Post by: Eugenar on October 05, 2019, 01:19:12 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
In my opinion about who owns the market, nobody owns the market, but it seems like there's an entity that can control the market value of some cryptocurrency. Meaning to say that it is very important to know that, all of us is contributing to the development of the market prices, if we have a huge influence, and investment, we can consider our selves to be someone that has a great impact on how the market will behave. Let's take for example, if a cryptocurrency enthusiast creates hype, allot of person will follow, same goes with him buying or selling huge amount of crypto.



Title: Re: wait, who owns the market?
Post by: Youghoor on October 05, 2019, 02:16:26 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?



In as much that no one owns or controls bitcoin, the market is controlled by people with huge amount of Bitcoin. The decentralized nature of the bitcoin ecosystem makes the Bitcoin market to be owned by people with a lot of bitcoin for trading. These people determine the market value of bitcoin.  If you have more bitcoin, you control the market.


Title: Re: wait, who owns the market?
Post by: jarhed on October 08, 2019, 02:40:23 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?



In as much that no one owns or controls bitcoin, the market is controlled by people with huge amount of Bitcoin. The decentralized nature of the bitcoin ecosystem makes the Bitcoin market to be owned by people with a lot of bitcoin for trading. These people determine the market value of bitcoin.  If you have more bitcoin, you control the market.
But you also need to understand that many financial instruments, such as Bitcoin futures, have been created. I think that most transactions on the market do not physically belong to Bitcoin. I just want to highlight the significant impact of exchanges and trading platforms on the cryptocurrency market.


Title: Re: wait, who owns the market?
Post by: Arsenyo on October 08, 2019, 02:53:12 PM
It already looks like some sort of conspiracy theory. No one controls the market. Of course, there are so-called "whales", countries, its government and their laws, too many factors that influence the market, but there is no total control.


Title: Re: wait, who owns the market?
Post by: Anonylz on October 08, 2019, 05:26:08 PM
btc may be an open source and all that but those who owns a larger share of it can influence the market with the amount of coins they hodl and this is how they control the market, it may not be direct control but indirectly controlling the market with their large share, we can already see how the market react when a whale decide to sell a huge amount of btc, it usually affect the price.


Title: Re: wait, who owns the market?
Post by: Klausi on October 08, 2019, 05:40:28 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

A bitcoin---blockchain don't have any authority that is been in control of it since it was been created in 2009.

Ask yourself this—
How are Bitcoins created?

Satoshi Nakamoto created bitcoin. Bitcoin is being created with the decentralized process called mining. Miners are the one who mines bitcoin and get rewarded on every blocks and algorithm that they will processed.

Who is incentivised to create Bitcoin?

Satoshi Nakamoto is a he or a group of people who incentivized the creation of bitcoin itself


Title: Re: wait, who owns the market?
Post by: Lucas* on October 08, 2019, 05:55:40 PM
No one own the market! The BITCOIN is a decentralized cryptocurrency that no one can control it, it's based in blockchain system and the person who discover it is Satoshi Nakamoto. You can earn BITCOIN with mining or with buying it.


Title: Re: wait, who owns the market?
Post by: qwertyup23 on October 08, 2019, 06:18:20 PM
Bitcoin was created by Satoshi Nakamoto and he set a maximum limit of only 21 million coins in the internet. Currently, there are 17.3 million bitcoins in circulation in the market. Due to its limited number of supply, the price of bitcoin can be considered as inflationary as the price increases when the demand increases.

Unfortunately, there are no other means of increasing the maximum set limit as only its creator- Satoshi Nakamoto, has control of everything.

The control of the market stems from the person/organization who owns majority of its supply in the market. They have control and can potentially manipulate the market by playing the law of demand and supply.


Title: Re: wait, who owns the market?
Post by: nankers on October 08, 2019, 06:30:27 PM
no one can control bitcoin or market. even someone who has the most bitcoin in the market won't be able to. because the characteristics of bitcoin and the market are freedom where everyone is free to sell or buy. and I think it is this free nature that makes bitcoin and the market untenable. but please remember, the most bitcoin owners in the bitcoin market can manipulate bitcoin prices not for bitcoin itself


Title: Re: wait, who owns the market?
Post by: bhabygrim on October 08, 2019, 07:17:36 PM
For me I think we could consider the whales as the one who controls the market.
Just look at most of the past events when the whale moves the market would surely follow.
People tend to follow what the whales would do so they are the one's who is controlling it.
We have seen the market crash down because a whale dumps it share and after that the market rise up when they bought it back again.


Title: Re: wait, who owns the market?
Post by: gaston castano on October 08, 2019, 07:34:45 PM
this is decentralized where everyone has the right to own bitcoin, but there is no rule on how much amount must be had, this makes the view of who has the most money he will rule.


Title: Re: wait, who owns the market?
Post by: jets567 on October 08, 2019, 08:04:30 PM
in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market ;)


regards

Sad story but it's the truth since we have a decentralized market anyone can own BTC and this whales has entered the market who has the power to make big impact on Bitcoin price, let's just hope that they won't do it intentionally since they are already rich  ;D


Title: Re: wait, who owns the market?
Post by: kooboat on October 08, 2019, 08:28:11 PM
Wondering who owns the market at this time? Crypto market is a free world and holders of a particular coin makes decisions that suit them and their lifestyle. No need to worry about ownership, this is a decentralized industry your only hope as an ordinary stakeholder of the ecosystem is to hope that the majority of holders makes the right decisions for the benefit of all.


Title: Re: wait, who owns the market?
Post by: funkenstein on October 08, 2019, 10:28:04 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.


Bitcoin is not a market, it is a single asset.  You need another asset to indicate a trade and hence a market.  If your other asset is the USD, then of course the USD issuers can have the largest control of this market, being able to take as many bitcoins as they like at any time, in the time honored method of fiat practitioners since Kublai Khan.  Other than that, every participant in a market has some control, some via influence to market logistics, others via their influence with market makers, others via their control of some of the assets themselves. 


Title: Re: wait, who owns the market?
Post by: minersday on October 08, 2019, 11:23:54 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?


The crypto market is not own by anyone but the market value of all the coins are mostly controlled by people with large amount of a particular coin since they can depict the trading price. The decentralized nature of the crypto netwwork and platforms makes it impossible for a central authority to own cryptocurrency and the  rate at which a particular coin is in circulation.... 


Title: Re: wait, who owns the market?
Post by: Kyraishi on October 08, 2019, 11:29:46 PM
But does anyone control it?
Depends what do you mean by control it, there are instances and it could happen again, where a whale has so much BTC that they could just instantly dump it all and prices would drop slightly.

How are Bitcoins created?
Via people mining blocks. A limited supply of 21 million, so it can't be controlled there.

Who is incentivised to create Bitcoin?
Satoshi wanted to break away from the finance industry, just a great man's creation.


Title: Re: wait, who owns the market?
Post by: jostorres on October 12, 2019, 10:00:24 AM
If you are looking for that factor that is controlling the  cryptocurrency market, I think that you should look no more, just take a look at me and take a look at yourself, we are the ones controlling the market of cryptocurrency which is an open place that satoshi has created and left for you and I to have dominion over.

Which means we have the ability to control our funds, and we also have the ability to decide the value of the coin, and I think this is what some of these big whales have seen that has made them to start using their own fund to really control the market?Another tool that we use to control the market is speculation which I think should not be the main thing but supply and demand of cryptocurrency should be the main tool of control for the market.


Title: Re: wait, who owns the market?
Post by: Astvile on October 12, 2019, 10:19:06 AM
In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled :)


Title: Re: wait, who owns the market?
Post by: Mandoy on October 12, 2019, 10:41:14 AM
Nobody owns bitcoins since it is decentralized. But to say that bitcoin is free from manipulation is just a hopeless belief. The bitcoin open market is vulnerable to manipulation especially from elites and giant bag holders we called whales. Those who have huge capital who are into bitcoin is playing the trades and sometimes rides the flow of the news creating domino effect on the market. At the end those weak holders have became food for the whales in the market.



Title: Re: wait, who owns the market?
Post by: bitbunnny on October 12, 2019, 10:53:02 AM
In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled :)

If you claim that whales manipulate price and control the market than Bitcoin is not decentralized and independent. Those two claims are opposite with each other.
To my opinion whales is given far more influence than they actually have so I still beleive that Bitcoin is decentralized and not under any systematic influence.


Title: Re: wait, who owns the market?
Post by: apoorvlathey on October 12, 2019, 11:00:40 AM
In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled :)

If you claim that whales manipulate price and control the market than Bitcoin is not decentralized and independent. Those two claims are opposite with each other.
To my opinion whales is given far more influence than they actually have so I still believe that Bitcoin is decentralized and not under any systematic influence.
Decentralization lies in the core of Bitcoin's technology. Because of this no single person can influence the transactions or edit the block of a blockchain.

But the price of any commodity being traded has no correlation to whether it is decentralized or not, it all comes down to supply and demand. Whales do have some power to cause slight change in price, but News or FUD has a much greater impact because it influences a large number of people to sell/buy at the same time.


Title: Re: wait, who owns the market?
Post by: ReiMomo on October 12, 2019, 11:08:36 AM
In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled :)
Just to make it clear that the whales are only those who are manipulating the market price but they are not the owner on this. They can spread negative news that can destroy the image of the crypto and weak people begun to panic selling. Nobody knows who are the owners of the market and it should not have an owner. Even the founder of these cryptocurrencies has not had the power to own the entire market. The accurate answer is no one who has the owner of the market.


Title: Re: wait, who owns the market?
Post by: alexsandria on October 12, 2019, 11:12:07 AM
I think when we talk about the market as a whole, there is no one that is owning or controlling it. Again, bitcoin is decentralized and no one has an absolute control on it. But when we talk about someone who has a great influence on the market, then that's a different issue because the government, some powerful personalities, and the likes are influencing the market.


Title: Re: wait, who owns the market?
Post by: asus09 on October 13, 2019, 01:07:11 AM
Who manage and control about altcoin in exchange is our self, supply and demand is most important in control how altcoin price higher and lower, when many investor buy and will get higher price or an altcoin, but when many investor sell altcoin price in exchange market will be down, the owner of altcoin just listing on exchange market but price is depend on seller and buyer.


Title: Re: wait, who owns the market?
Post by: Kyraishi on October 13, 2019, 01:11:12 AM
In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled :)
They might be able to manipulate the prices and change things as they wish, and often are able to cause dumps, but since it's still decentralized they aren't able to fully control the market.

Bitcoin is too high volume for a single whale or even a group of them to be able to manipulate prices - this was probably possible a couple years back when Bitcoin was sub 1000 but luckily we've escaped that possiblity.


Title: Re: wait, who owns the market?
Post by: BlackFor3st on October 13, 2019, 01:47:14 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

Yes it's a free space, open source market and nobody owns it but for me someone is controlling it like the big exchanges and the big whales out there.

Once the big whales will start it's move, the price will skyrocket in just days or months then bull run will follow as the small investors will follow the flow also. So this is how I saw the market especially the bitcoin being controlled by influential people.



Title: Re: wait, who owns the market?
Post by: Periodik on October 13, 2019, 01:55:48 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

Yes it's a free space, open source market and nobody owns it but for me someone is controlling it like the big exchanges and the big whales out there.

Once the big whales will start it's move, the price will skyrocket in just days or months then bull run will follow as the small investors will follow the flow also. So this is how I saw the market especially the bitcoin being controlled by influential people.



This is part of Bitcoin being a free market. Everyone has the opportunity to buy the amount he wants. As a result, there are already a few influential Bitcoin whales as compared to a market which is not monopolized by a few traders and investors. But since Bitcoin is open for all, no restrictions, no owners except those who bought it, no regulations from within, no limit, and no anything, we can say that the rich will be expected to dominate.

That is the disadvantage of a free market, the rich few can exploit.


Title: Re: wait, who owns the market?
Post by: candra raditya on October 13, 2019, 03:18:45 AM
Nobody has a market because the market is based on demand and supply, but the pope can manipulate the market.


Title: Re: wait, who owns the market?
Post by: doomistake on October 13, 2019, 01:20:17 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

Nobody owns the market (because it is decentralized) but the ones we are trading in do have one. Exchanges are being manage by companies who gives an opportunity for us to buy and sell our coins. There is only one man who created all of this wonderful creation, and that is no other than Satoshi Nakamoto, if there is one who could control Bitcoin or maybe even the market, he is the guy suited for it.


Title: Re: wait, who owns the market?
Post by: Sebas.tian on October 13, 2019, 02:09:27 PM
You owns the market and I own the market too, we all owns the cryptocurrency market together. For those who believed that some group of miscreants Owns the market should change their ways of thinking. If you, I, us, don't sell out our coins there will no market manipulation, even there will be no pump.and dump coins. We all together control the market because we owns the power together.


Title: Re: wait, who owns the market?
Post by: owengtam09 on October 13, 2019, 02:56:15 PM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
In my own opinion, bitcoin value control by us, especially who buys a huge amount of bitcoin and those who sell huge amount as well, because once we buy huge amount or many of us buy at the same time then the value of bitcoin will increase.


Title: Re: wait, who owns the market?
Post by: febriyana on October 13, 2019, 03:08:49 PM
Who control the market is us.
But who own the market is exchanges. They give us facilitate to trade from me to you, but the prices is based deal between me and you. Simple.
That is why in crypto sometimes the price can really high or cheap, because based on deal of majority people.
I think different with stock market, there is still based deal.
But there is regulated, if price to pump or dump too fast in one day, the stock can get suspended.


Title: Re: wait, who owns the market?
Post by: pixie85 on October 13, 2019, 03:20:11 PM
I also think that it is we who control the market. Every user has some influence over the price and it's like in society. You think you have no influence over democratic voting but it's because your voice is worth less than the voice of a social media influencer or a billionaire.

You have the power to influence the market but the power depends on the money that you have. Someone who has a million dollars will be able to do much more than you but you still have something to say.


Title: Re: wait, who owns the market?
Post by: Leonardo7 on October 13, 2019, 03:33:38 PM
Nobody owns the market, and no one is incentiviting miners to mine bitcoin, they mine to get rewarded and that is how bitcoin is built. Anyone can be a miner if they have the requirement. Big monies are moving to bitcoin because it's more profitable than the stock market.


Title: Re: wait, who owns the market?
Post by: teosanru on October 13, 2019, 03:37:30 PM
Technically no one owns the market but speaking in practical sense market is constructed by a group of buyers and sellers who use their powers to push the market towards their side. This is what we sometimes call Market manipulation but it's just that sometimes these buyers and sellers can be very powerful thus thriving the market completely towards their side. In traditional markets we generally called these people institution holdings but in bitcoin as there are no institutions we call them whales big individuals holding a lot of money to burn.


Title: Re: wait, who owns the market?
Post by: inanilujimi on October 13, 2019, 03:37:43 PM
those who have a market are people who own Bitcoin.
no one can control the price of bitcoin but it must be remembered there are factors that affect the value of bitcoin to change significantly.
one of the factors is the latest news about regulations made by a country and the pope plays its role in this matter.


Title: Re: wait, who owns the market?
Post by: noormcs5 on October 13, 2019, 05:13:38 PM
Nobody owns bitcoins since it is decentralized. But to say that bitcoin is free from manipulation is just a hopeless belief. The bitcoin open market is vulnerable to manipulation especially from elites and giant bag holders we called whales. Those who have huge capital who are into bitcoin is playing the trades and sometimes rides the flow of the news creating domino effect on the market. At the end those weak holders have became food for the whales in the market.



No body owns the bitcoins not even satoshi nakamoto but whales do control the market. But as the bitcoin adoption will increase, whales control will be less.
If you are thinking when we will see the stability in bitcoin prices, it will only happen when no whales will be able to control it.


Title: Re: wait, who owns the market?
Post by: Mulann2 on October 13, 2019, 05:34:22 PM
Because the whales have enough money to manipulate the market to their advantage, it now feels the market is in their hands, in fact they are in control of the whole market, this constant manipulation of btc is the major negative side of it, the control of market is in the hands of some wealthy few, it is highly unpleasant.


Title: Re: wait, who owns the market?
Post by: fiulpro on October 13, 2019, 06:14:35 PM
I think everyone here owns the market in our own way , not just the big investors but everyone , it depends how much Bitcoins you have , even if it's 0.0001 or even if it's 1000, you own the market and you can actually make a difference .
The ratio varies obviously , it can be more or less but at the end because of no governmental body involved the power is with the people who trade in Bitcoins.


Title: Re: wait, who owns the market?
Post by: jarhed on October 19, 2019, 06:56:54 AM
I think everyone here owns the market in our own way , not just the big investors but everyone , it depends how much Bitcoins you have , even if it's 0.0001 or even if it's 1000, you own the market and you can actually make a difference .
The ratio varies obviously , it can be more or less but at the end because of no governmental body involved the power is with the people who trade in Bitcoins.
The size of the cryptocurrency portfolio is of great importance. With a huge mass of coins, you can put pressure on prices and even manipulate prices in a short period.


Title: Re: wait, who owns the market?
Post by: blckhawk on October 19, 2019, 07:28:17 AM
No one owns it. No one controls it. The proponent of bitcoin, who has set all the ground rules, and the market cap, has now left. It's up to us to decide whether bitcoin would continue or just dip to death. It's about the investors, the users of the cryptocurrency which would decide its fate. If no one would want to use it, then that's the only time it would be dead. It's decentralized, it's in every single node connected to its network, we all share a part of it, whales can manipulate it but no one can control it totally.


Title: Re: wait, who owns the market?
Post by: Inkdatar on October 19, 2019, 08:21:32 AM
those who have a market are people who own Bitcoin.
no one can control the price of bitcoin but it must be remembered there are factors that affect the value of bitcoin to change significantly.
one of the factors is the latest news about regulations made by a country and the pope plays its role in this matter.
Indeed those who believe in bitcoin own the market. The fact that the market has its volatility we cannot control it when there's a significant increase and decrease of price. Though market manipulation occurs as some came in panic selling and buying of btc.


Title: Re: wait, who owns the market?
Post by: ufaiz50 on October 19, 2019, 09:53:41 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
The market is controlled by those who have more money, be it individuals or communities. I'm sure you have understood the meaning of the word whales, whether or not market price controls are independent of your perspective. My opinion the market is purely influenced by demand, but for bitcoin there are still many puzzles and issues whether bitcoin has insiders to control their volume market in exchanger sites.


Title: Re: wait, who owns the market?
Post by: crzy on October 19, 2019, 09:59:14 AM
I think everyone here owns the market in our own way , not just the big investors but everyone , it depends how much Bitcoins you have , even if it's 0.0001 or even if it's 1000, you own the market and you can actually make a difference .
The ratio varies obviously , it can be more or less but at the end because of no governmental body involved the power is with the people who trade in Bitcoins.
The size of the cryptocurrency portfolio is of great importance. With a huge mass of coins, you can put pressure on prices and even manipulate prices in a short period.
Only whales can put the pressure, but no one owns the whole market even the exchanges because they also depend on the demand and supply as a law of the price movements. With bitcoin, everyone who have bitcoin can actually be called the owner of the market simply because bitcoin rules the whole cryptomarket. Have focus on owning more coins, make it a habit and your goal and maybe one day you will become a whale too because everything is possible in this market.


Title: Re: wait, who owns the market?
Post by: SummerBliss on October 19, 2019, 11:23:21 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Actually the crypto market or btc is a decentralized coin which cannnot be controlled by anoyone but the prices can be easily manipulated by the whales to gain profits by creating pump and dump situation as there is no regulated body to act upon.It is coin held by many investors and prices will rise with increased demand and supply becoming low.So we can say it is free market and nobody owns it.


Title: Re: wait, who owns the market?
Post by: Alexandr Kirichenko on October 19, 2019, 11:57:36 AM

Please PM me. I would try to sell you 1 satoshi for $1k. I see you are a smart guy and see that 1 sat cost much more than its current value.

Market is controlled by whales. The more whales we have the less powerful the single one is and less influence on the market whales have. So right now we see that one whale can almost instantly crash the market by -5% so the market is more centralized than we want and it is controlled by whales.

Yes. Just recent events have shown that the price can be brought down in an instant if you have the money. Therefore, I am sure that the richest people in the world and lead this "holiday" of money.


Title: Re: wait, who owns the market?
Post by: ttcsalam on October 20, 2019, 02:05:58 AM
Bitcoin is being considered as a digital currency. It has made transactions easier. Therefore, it is being considered as a simple means of trading. It is not yet clear who is the inventor of Bitcoin. But it must be regulated.


Title: Re: wait, who owns the market?
Post by: Sadlife on October 20, 2019, 02:11:01 AM
Bitcoin is being considered as a digital currency. It has made transactions easier.
absolutely correct and no doubt bitcoin really is making transactions more easier
Quote
Therefore, it is being considered as a simple means of trading.
while many trading platform we have yet this is not a simple means of trading because the volatility of market brings it harder to trade
Quote
It is not yet clear who is the inventor of Bitcoin. But it must be regulated.
why need to be regulated?by whom the government?so whats the difference from banks and stocks if even crypto trading gives regulatory?


Title: Re: wait, who owns the market?
Post by: barabarian1 on October 20, 2019, 05:00:26 AM
Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.

Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?

I agree with you that no party can own the crypto market. cryptocurrency is decentralized and independent. it's just that the cryptocurrency market can be manipulated by large traders and whales. and also bad news about cryptocurrency can affect society. and this has an impact on demand and supply. and the crypto market is strongly influenced by demand and supply.


Title: Re: wait, who owns the market?
Post by: carriebee on October 20, 2019, 07:59:45 AM
Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
No one owns the market every body use it many years maybe you to say is who are manipulated in the market and of course whales and big exchanges that can make manipulation. Bitcoin can't control as you can see every day many are going in crypto and search what bitcoin is and can use it. And I think it will be grow more the people will be know what bitcoin is even in the next generation.


Title: Re: wait, who owns the market?
Post by: eaLiTy on October 20, 2019, 08:19:51 AM
The size of the cryptocurrency portfolio is of great importance. With a huge mass of coins, you can put pressure on prices and even manipulate prices in a short period.
With the price of BTCitcoin increasing the manipulation is not that high like we used to see in the past, i am not telling that the whales could not manipulate the market and we see the market taking precaution if a huge amount of coins are moved from one wallet to another, so it is possible to shake the market momentarily but it will gain the momentum pretty fast.


Title: Re: wait, who owns the market?
Post by: darewaller on October 23, 2019, 04:01:33 PM
Only whales can put the pressure, but no one owns the whole market even the exchanges because they also depend on the demand and supply as a law of the price movements. With bitcoin, everyone who have bitcoin can actually be called the owner of the market simply because bitcoin rules the whole cryptomarket. Have focus on owning more coins, make it a habit and your goal and maybe one day you will become a whale too because everything is possible in this market.
Your point is absolutely clear man, there is no one that own the market other than us, because without us, the market will just be an empty market and even the whales that we think are controlling the market will not be able to do so because if you check the ratio of whales in the market to ours, you will see that we are still very much more than the whales, I mean the average investors in the market.

Whales are able to control the market now because they are rich, I know, but the opportunity they have got to control the market is because the bitcoin is still very volatile. Look at the stable coins, how are they not able to control stables coin because it is less volatile, so bitcoin market will be fully controlled by us too in the future when it becomes a stable coin too.


Title: Re: wait, who owns the market?
Post by: Expecto on October 30, 2019, 08:13:55 PM
Nobody own this market but there are people who believe cryptos will get under the control of countries. I don't give a chance for that. I believe Bitcoin and other cryptocurrencies will always continue to be special.


Title: Re: wait, who owns the market?
Post by: SirLancelot on October 31, 2019, 07:29:39 PM
Nobody own this market but there are people who believe cryptos will get under the control of countries. I don't give a chance for that. I believe Bitcoin and other cryptocurrencies will always continue to be special.
Even if cryptocurrency gets under control of the government, they can only fully control the cryptocurrency that they have created, but they can really not be able to control bitcoin, because bitcoin is a coin that its technology really does not allow that and it will take another strong decentralized coin to contend with bitcoin.

I doubt if the government would ever give chance to another decentralized coin because they always see them as a partial threat to them because of the total control it would give to the user in having absolute control over their own financial status which they would feel that the lack of respect by this individuals will come in, but it is a good thing anyway that they have a coin that will always checkmate them and this is the reason why bitcoin will always be embraced.