Bitcoin Forum

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. ;)

I don't think people "plan" those legitimately. If there actually is a sort of "whale group", I'm pretty sure the group would only consist of a select few people that can contribute in some way, not like those typical "trading groups" that are filled with random people.

On the other hand, if what you're thinking of is a "pump and dump" group, no. Just no.

It is considered price manipulation in the crypto market and it happens too often. but doing that is very difficult, you have to have a wide range of relationships and they are all guys who have a lot of money, I mean the money that can manipulate all the whales that get in their way .
This is a battle for the whales and it's also very tough. If you plan on creating such a group then you should give up. Small fish like us just make the whales richer. they have a system to know all the information of people, from which they can devise a reasonable plan to manipulate the whole market. The game is not as simple as you think dude ;)

Unfortunately, although you're asking the right question, there is no such Legitimate place. There are however small groups, on Telegram and similar social media platforms attempting this but often is characterised by people in the same boat as you. I'm afraid there isn't a easy to go to place where you can learn how/when to buy/sell. Trading in itself is a learn built experience...

So you do particular talking about some whale groups.Do you really think that you can find out those groups easily if ever? They surely exist but those will really be just for whale members itself and wont tend to let
some puny investors to join up the pack and able to know on what would be their plans ahead on market price.All will surely love to join up that particular group because we do know that we do have the most
advantage or money making opportunity on high chances if ever we successful joined up to these groups even on minimal margin or market price movement as long these whales move
then thats already a plus.

You are 3 years late... Pump and dump signals where famous back then in 2017 in platforms like bittrex but it was majorly with ALTS.
If you are looking for such groups of individuals forget about it. Even if they existed they would never reveal themselves to the public to make the strategy work effectively.

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn. They were very famous in 2017-18 when Bitcoin was shining up in the sky. Nowadays they still exist but it is very risky.

^ Definitely right, just believe in your self and dont rely upon pump and dump group. There are no telegram groups that may teach you how or when will be the best time to join in the trading for a sure profit. Big whales can definitely manipulate the outcomes on a trading period and that is always favorable to their side. We barely know that the pump and dump on bitcoins price are unpredictable might as well just be more cautious in doing a trade regardless of time.

Bitcoin market capacity is much higher than being manipulated by a group of 4 or 5 people and therefore you will not find such groups, at least in BTC trading.
You can find them for some unknown altcoins and do not recommend them.
You can find groups for people who like to talk about price fluctuations and therefore you can find pleasure in talking to them and learn some basics ---------> https://bitcointalk.org/index.php?topic=178336.0, but they do not control the price and do not know when it will rise or fall.

This is kinda a paid channel or premium channel from other traders or groups of traders also. Like a trading signal group based on what you told. So probably, you can find some that are using Telegram or Discord also. There are some users who post this kind of service under the Services section of this forum too. Just beware, some of them may be a scam and also risky, they are not 100% sure.

Does that mean you want to be a part of a manipulative group?

Well, that is a big step forward and I bet you won't just find them anywhere.
If there is a legitimate group of whales that are fooling around then it must be a VIP group which you can't just easily walk in.
Finding them is like looking for a needle in a stack of hay.
Worse, you will find a fake group which imagines they have lots of coins or just scammers.

I agree with both of you. Just do what you know in trading while you should learn more about trading so you will have more chance to make a profit than the other people. It is about how you can learn as much as you can to trade base on the current situations at the market so you can see the opportunity for you to buy low and sell high.

Don't depend on the Pump and Dump signal because they only use you to make their profit. You will get in trouble if you follow their signal because they already buy the coin at a low price, and they announce the coin name to their channel so that the people can buy with buy instant. But they will sell their coins to make a big profit from the people. But you have the choice whether you want to join with them or not, but the suggestion will stay away from them and don't follow their way.

I think even whales don't want to be that manipulative with the market, they can just really impact on the market their every move is big compared to others. What I also think of these whales is that they have no interest in knowing the other whales coz that would be intimidating if you guys won't team up so you'll end up screwing each other anonymously. If you are looking for whales, you'll see their names in alphanumeric style.

Lol, trying to control the market is too ridiculous. Even whales won't do that. Just looking for water in the desert. Always try to do own research about bitcoin or other cryptocurrencies to make profit as well as idea about that market. Thus anyone can surely gain the ability of more correct prediction and also can make money.  ;) ;D

That's can be called manipulation. Maybe it can be from a telegram group especially for new coin but for bitcoin, I can't really make a point whether whales do that or they just spontaneously buy or sell depending on what speculation they know, have or want to do. I do know however that manipulation is possible but can't know if it is a group work.

Thanks everyone for the comments and suggestions.

I suppose I will work on my next idea instead of trying to find a "Whale Group"

I am working on a trading bot in C#, It will be just like a limit sell but with some 'if' statements in it.
When I have it finished I will have it so I set a price to sell. If it drops to that price itll sell,
but ill also have it so in case it goes back up to buy it back so I dont lose much if any.

It'll be using a combination of limit orders and with a stop order for the lowest point.

Again thanks all for the comments, I greatly appreciate it.

If we have any C# developers that wanna get in on this program with me.
I feel like it will be a decent way to make a profit once everything is functioning perfectly.BTC :)

Uuhmm… There are some groups that are created for the purpose of pumping and dumping coins in the market, but the cryptocurrency community is strongly against that. It's what is referred to as price manipulation. Although Bitcoin cannot be manipulated that much, other smaller cryptocurrencies can easily be manipulated.

These pump and dump groups are investors who contribute together a heavy amount of money and invest in a small altcoin to pump the price and when the price increases they will sell it to make profit. I wouldn't advise anyone to do that, it's best that you just invest when the price is low and hold it till it increases.

Like others have said, we have such group although not advisable to join any of them as the chances of getting scammed (in regards to lossing your capital) trying to follow their prediction is high. These groups aren't targeting bitcoin since it'll require very large sum of fund to be able to manipulation the market. Athough if you observe carefully, some of this manipulate can be observe on specific exchanges but on a small scale (probably affects just the price of bitcoin on that particular exchange and not generally).

The market is influence by emotions like the FOMO the market is experiencing as a result of bitcoin halving and the FUD that'll probably follow after the nooms that jump into buying bitcoin (just for the halving benefits they read online) don't see an immediate impact as they expected.  Times like this is when the whales capitalized on the emotions of the average traders by manipulating the market either by causing FUD as a result of selling their coin on targetted exchange causing fear among other small traders that they join the trend and the market respond by declining.

Yes i Also think it wsa later three years. In 2017 was Golden time for Bitcoin and altcoin trade. Now a daye os very unpredictable market. But If we have to find out good exchange like Bittrex. Bittrex is more trusted and secure platform for tradeing and investment.                  

These people are whales, as for slang whale definition is a large player in the market, it is not only believe to be a person, there are some groups who form community that purposely doing things that will affect the market so they can manage to take advantage of the collateral continuous dump or pump. Although bitcoin is totally decentralized, these manage to come up to this smart idea. However these whales are not large enough to totally collapse the market, the ocean of crypto is much larger than what we think.             

There are lot of trading groups, but what you are asking for seems more of pump and dumb groups and there are lot of them also. However, only few of those group belonging to whales that have assets worth enough to manipulate the market and such ones are called whale groups and to be honest, they are hard to come by. What you'll see around are just trading groups filled with ordinary people that doesn't have any influence on the market

If you are looking for market clarification, knowing when to sell and when to buy, you better have your own market understanding and get not involve into pump and dump group because you are bringing your money at risk. The tricky thing is that they would like to put you in the trap, they will surely convince you and trust them but that was a plan and find it regrettable once they are done to you.
You should be wise and you should not be tempted for someone offers you high rewards, giving you assurance, and etc...thats their play and we know that nobody knows what next, prices will change oftentimes.

Yeah stay away from pump and dump, they are just going to make themselves some money and leave you aside, there is no way you can make money with pump and dump if you are not the one who is doing the pump and dump yourself and followed by others.

Just try to make money the same way everyone else is making, try to trade as much as you can and learn how the trading works and if you can't really do that just buy bitcoin and hold long term, put some money aside in USDT form while you are at it every week or month or when everyone get paid, and put some of it on bitcoin when the price drops. That is probably the safest way to make some money. I am not saying there is no way you will lose money that way neither, you may, but at least it is a lot safer to do it that way.

You don't have to follow them because you don't know what exactly their plan with the current market. They can manipulate the market with their balance, and if we don't have enough skills, we can get in a trap by them, and that can make us lose our money. We need to have the skills to analyze every market moves so we can get the right time to trade. Maybe you think that it is easy to follow their instructions to buy the coin, but it is hard because you don't know the right time to buy.

It's not fully truth that 2017 is the golden time for bitcoin and altcoin trade. From my opinion, every year is golden time for btc or alt. If anyone just follow the news and fake fomo , than it's sure that he/she will loss his investment. As a result , his/her protfolio will in negative. So everyone should do the proper research and practise more demo trading to level up their experience. Also those whoever buy btc in the bottom of $3.5k last year, they are also in great profit. So we need to understand this market, not just follow the fake fomo.  ;) ;D

Not only that, logfiles is right but they who do exist now are 100% scam. Notice how I say 100% and not 99.99%. All signal groups are scams. No matter the small print or how deliciously they honey up their words. They want to trick you into thinking you will profit with their signals. You won't. They profit from the fee you pay or from the dumping they will do on YOU.

The market value of Bitcoin and other cryptos cannot be manipulated for a long period of time because the market price of cryptos are naturally volatile. Whales could make changes regarding the market price of a particular crypto but that won't last for a month, referring to the market prixe changes. That is, to make sense of the question whether there are people planning to alter the market price is not possible. Normal people won't make it possible to be exact. 'Big' people in this industry could do so but it would seem impossible that those people would play with the market situation in such manner. The market price of Bitcoin is not something anyone would be able to buy in an instant, given that there is a large number of Bitcoin circulating, no one could make changes just because they are a 'group'.

It seems that the OP description is about a pump and dump group that will possibly try to manipulate a token price for a short period of time. That kind of group is existing on different platforms like the telegram, messenger, and other chat groups. I wouldn't suggest coming and join to that group especially if you are a newbie on trading and doing that kind of thing because most people lose in that kind of scheme is the newbie and people who do action slowly.

Signal groups are not really all scam because they want to steal money, but some of them are bad because they do not realize that they are bad. That is not really scam, that is just being bad at what you do and there are probably over a billion people on world who are bad at what they do as a work.

Some signal groups are legit just pure scams, they just want to get your money and do nothing else, just get it and run away with it and get a lot of people to their telegram group or something to steal their money and that's it. However some of them really find some indicators and some methods that really work few times because we are in a bull run, when the bear run comes they start to bleed money like crazy and realize that their method is not really that special.

Don't join a group like that, because only benefits the group owner. Because since 2017 I've joined groups like that, even following 3 groups.
Even though the paid group will be the same, trading signal group will only make us run out of capital. Trust me, because I have experienced it.
Stay away from group trading like that, it's better to trade with your own abilities.

I have ponder over this before how bitcoin quickly falls and bounces back again. I don't believe they exist as a group on social media as this can sabotage their plan. I think someone/people are somewhere doing this notoriys manipulation. It can favor anyone though.

Seem like you'll never find a group like that or some people who have a lot of bitcoin and say they will sell and buy bitcoin at certain time. They will act secretly and never tell to anyone if they have a lot of bitcoin because they will in danger situation. They will be aware with hacker or goon people and will make they won't have a comfortable life. You can forget that mate, as for your wish you can still see it when you trade as long as you have a patient to see the market movement. Or you can see bid and ask (order book) feature, if you saw a user who buy and sell bitcoin in large amount you can use it as a reminder to you.

There ain't such a group mate. It's not like BTC is a form of item that rarely changes its price. Rather than rarely, it almost always changes and you can count the number of times it didn't actually change it's price in an hour. Even if there were such communities, most would be amongst peers. You know, people you actually know that are trustworthy. People that are actually good enough for you to converse with properly without any fear of being scammed and the like. For those groups unlike those, then those would be just a scam. Or a group that is intended to gather people to spread some form of advertisement. Also, if you wanted to discuss about plans and the like, just find some likeminded peers. You're not gonna get a good group by just joining people who seem like they are also trading after all.

Possibly you mean some group of dump and pimp. Well, some of these groups are on discord and you can seek for their hidden platform to belong to their illicit acts. Many times ago, I was a victim with these sets of individuals who called their self expert in Blockchain and cryptocurrency, but after my subscription I bought some coins which was to be pump by the group but nothing happened. So, be more careful about their secret operations to stay safe with your funds.

Many traders and investors often come together here or on similar platforms. To talk about these platforms briefly, I can recommend Bitcointalk as the forum site, Telegram as the chat and information platform. I predict the pricing of the market by making technical analysis, it is not difficult to predict the short-term movement by looking at the reactions given at certain support and resistance points. Generally, many investors and traders make their own decisions with technical analysis methods. If you do not have any knowledge about technical analysis, I recommend you to research and experiment with platforms such as Youtube.

I just know telegram. But that channel is whack.
Analysis from left and right and you won't even know what to believe in.

You better just stay here and look for threads that will be helpful for you.
Like a basis that could make your own technical analysis as of how the bitcoin will move.
It may not be accurate but that is the least you could get than believing in someone else then regret it.