Bitcoin Forum

Very disapointed the big crypto players now rob small players !

The crypto suppousto be freedom and nice but now everynody realise its worse then bankers !
Irs been few days traders losing money coused of the irganised issues from big plYers.

Sad very sad

Worst than the bankers? how it could be worse than the bankers?
You can make money from those pumps but if you can't get along with them and you're likely to lose money, don't trade. That's the rule that you must remember. If trading isn't for you, don't trade.

I wouldn't say that they are robbing the small players with the recent pump and dump scheme.

Of course we all the risk when we enter crypto trading or investment, chances are you are likely to lose if you are not familiar with how everyone here makes money. And that's why we really need to be very careful not to ride the hype with the big players and manipulators. Crypto is still freedom though, regardless of this fraudulent practice by some.

What do you mean? What disappoints you here? the sudden spike in the price and then traders shorting BTC? That's how everyone makes money here right? Take every opportunity to squeeze profits.


Banking system is still worst and very much centralised and you don't have control of your funds.


Again, this is not the first time though, play the people behind and not the system. And as other have said, if you don't know how to trade, then don't get yourselves involve otherwise you are going to lose money, regardless of if they are certain entities trying to manipulate the price.

It is up to the trader how he can go with the situation in crypto. All are free to join this market, whether you are big player or not. It is how you strategize to optimize your profits. No one is responsible with your plans here but only you. There will always be big whales and they are also important in this market. Now, up to you how you can use this opportunity to your advantage. And I believe, that yes, crypto is still freedom, it is how you will use it.

They posted this (https://bitcointalk.org/index.php?topic=5313226.0) with their other account, so I'm guessing it's that.

U c many traders are worry bput the issues

Homiey stop it are you locco ?
I want compensate my losess i call my boys wtf
You cant just make website down and run ....
We the streets dont play lije like tht

Nobody forced you to trade this currency and treat it in way that it wasn't designed for. You chose to enter trading, and you chose to make bets on short term fluctuations of this currency's price and you lost some of those bets. It sounds harsh but you have noone else to blame but yourself.

Disappointed?? This is happening everyday.
Whales are pumping and dumping coins on a daily basis. Its nothing different from what is happening right now. Big players are pumping and dumping coins leaving some of the small players who risked their money losing.

Freedom?? That is why these big players can do anything they want. Freedom is the reason why this is happening and I don't blame them for doing it since they are free to do it. I don't want this to term as "rob" though. Either way, if you aren't a trader then you aren't affected by this. Possible that you are a trader and you've lost a lot of money because of them. Quite sad for you.

If you look at it as being smart, it is true that small traders lost their profits, but I think that's inaccurate thinking. because trading with small or large capital depends on how someone manages it. And we can't blame the big players just because they can change the price movement. This is where we as small traders have to hone our skills, read market analysis, study every chart indicator and so on.
if not, then we will be far behind

It's not about big and small traders.It's about skillful vs. inexperienced traders.
If you are a small but skillful trader,you will make money.
Trading is a zero sum game.The profits of one are the loses of another.I wouldn't call this robbing,because the traders,who lost had joined crypto trading voluntarily.
Only trade with money you can afford to lose.If you lose,then just quit trading.There's no point of whining or blaming someone else.

You win some, you loss some, that how everything works in crypto market. If you thought that you are a victim here then it's better not to trade, just saying. There are millions of traders around the world and we can't dictate them what to do, I would say it is game out there and if you don't know the rules then obviously you will be at the bottom of the food chain. Big players are going to just eat you alive because you chooses to be the victim.

Trading is the same as gambling,there is a big risk that you might lose all your money by gambling or trading.Keep this in mind before joining these pump and dump waves.Bitcoin for me has more value when I own it in my wallet rather than playing it in trading as it is safer this way.Maybe I don’t win anything but I also don’t lose anything as the value of Bitcoin in Bitcoin remains the same 0.1 Bitcoin is still 0.1 Bitcoin even if in Fiat the value can change.

It is necessary to understand that cryptocurrency is not a magic wand that brings money to people. Profits cannot come out of nowhere. You need someone to invest in a cryptocurrency so that it gains value and others can use it. Therefore, in cryptocurrency, everyone cannot make a profit at the same time. This is a very specific market. Only market knowledge and correct and timely action in relation to cryptocurrency can provide good profits. Others will be losers and take losses.

Really?

I thought the small players also profit from the crypto, although their profit will not be too big as the big crypto players. I think the small players will not have a problem unless they are late to decide and not follow the market when it is move.
The crypto is free, including free to decide to buy or sell because it will not force you to follow to buy or sell. When the traders can not realize what price they must sell or buy the coin, they will not make a profit, and they will only get lost many times. You can not blame the big players because, accept or deny, the big players help the small players by moving the price to the up and down price.

This recent dogecoin pump and dump was something I knew not to get into. If i had seen it coming sooner at around .01-.02 i would have bought in myself. But i do my research and have been watching the crypto markets for some years now. Once i saw the hype around doge and knew it was a crap coin, there was no amount of convincing that would get me to join otherwise. Its the fault of those people really believing they could get doge to $1. That would mean the entire community would have to of pumped in 127Billion dollars in total (yes i did the math), and with so many restrictions on how much you can invest in one day on crypto in one week by many sites, it was an impossible goal from the get go. Once it hit .07 all my friends were cheering, and saying i have to join in. That was when i posted my warning on all my social media comparing this to the 2017 bitcoin pump and dump. I guessed that after 1000% increase, this big guys would get out and it would start to crash. People called me crazy, but 30 minutes later it started. Now its sitting back down to less than half of that a day later.

My say from all of this, is dont be a sheep. Its a bunch of people hoping for "free money". But there is no such thing as "free", if one person gains in the market, there is always someone who loses.

So i dont feel bad for the people who lost, i think the big guys saw a great investing opportunity and took advantage of the sheep culture. And im sadly in the same age group.

It is not that they are robbing those small traders because it is a matter of experience and knowledge, it's all just for hype. Making yourself knowledgeable and learning trading won't let you think that you were being robbed. You may also use other's expert traders' knowledge to take advantage. Some experts do trading while being life so other's may foothersem and earn money as well.

What you said will always be the thought of traders or investors that don't understand the concept of crypto currency market. No one rob you or the small players but you rob yourself for not study to understand how crypto investment works and it like the saying "an ignorant person is a dangerous person to himself and others"

Yes, it was cause it provide total liberation for the people.

Nah. It not worse but I am surprised you're making lost when this season is the time most crypto traders make a profit.

This is always the case, my friend, the big whales eat small fish. This is now in Bitcoin with the big players entering the market. I have already said that there is a fear of becoming centralized and manipulating the market by these big players and I think this is what is happening now, They are manipulating the market.
But let's be a little optimistic, we can benefit from these big moves that they are making, I mean Bump and Dump, you can profit from that, but you have to be careful and improve risk management.

Exactly and I agree on this.

Just because they heard that crypto investment is profitable, the word profitable is the reason why they adopt cryptocurrencies as an investment. But the fact they don't understand how crypto works are and don't know when and how to enter the market. For me, if you are not a long term holder of cryptocurrencies you will always be afraid to lose, but if you are long term holder and wait until your profit was there.

It should be they are educated before you enter the crypto market.

Nothing would really happen if you keep complaining though. No one forced you to enter the market, and others sure as hell won't stoop to your level and even out the playing ground. They entered early, and hence has the right to take advantage of their experience to profit, whether it be through other experienced traders or through inexperienced ones like you. Anyone can take advantage of the market, yes,  but granted that you know HOW to take advantage of it. Not to mention that others would also try to, so whatever "hows" you actually think you know, it may actually just be a fake, and could be said to be a perfect situation of a mantis stalks a cicada, unaware of the oriole behind.

On the other hand many traders made good money when big players talk about Bitcoin and thus Btc start pumping. You should also active to get advantage before the pumps slow down and quit at the right time. Such things brings opportunity for the traders rather than loss in my opinion.

Indeed, they are making us more active, I dare not even the individuals or groups experienced in this field when faced with SWB's waves cannot avoid being followed by fomo, I also bought doge and make a lot of money following SWB  tweets, and they are just starting to do this, there will be a lot of good things in the future as they continue to exert momentum from tw. Indeed, they are making us more active, I dare not even the individuals or groups experienced in this field when faced with SWB's waves cannot avoid being followed by fomo, I also bought doge and make a lot of money following SWB tweets, and they are just starting to do this, there will be a lot of good things in the future as they continue to exert momentum from tweets.

What? Maybe you are going against the opportunity mate. Just go with the flow and observe the results. Pump and dump will always be a good opportunity in every investor because you can buy when price is low then sell at high price.

My question is, how do big players rob small players?

Cryptocurrencies were created as an alternative to fiat but its an opportunity as well to earn for taking advantage the volatility. Its up to us on how we're going to work on it and ride the fluctuations for our own gains.

If you happen to lose your money, its not anyone's fault but yourself. Thats why before engaging in crypto and trying the available ways to earn, its a must that we fill our minds with knowledge about it to understand the risk and how it really works regardless if you're a trader or investor.

They thought that crypto world is like an easy money. Study first before trading on any platforms. It could less the risk on liquidating your funds.

Why they are doing this? And what is their capability of doing it?

I don't think about who's been rob but one thing I know is that these big players are really good at trading in which they can make good returns unlike what small players did.

They are not robbing, only just to happen that these small players often lose in trading because of limited capital, resources, and particularly they don't have enough knowledge.

Before anything else, freedom is not equality. One has to be aware of that.

Players in crypto are not crypto themselves. Bitcoin investors are not Bitcoin. Bitcoin whales do not represent Bitcoin.

There are indeed wealthy investors who are playing against small time investors and they often end up at the advantageous end. That is almost always the case if there is a conflict between a small fish and a big whale. Case in point, if the price of Bitcoin falls, the small time investor may panic and sell. That's how the whales are buying at a discounted price.

If someone still believes that they still have a freedom in this God forsaken world, then you need to get out of your basement, freedom will only be applicable if you are part of the upper class that secretly rules the society, as Denis Diderot said, "Men will only be free until the last king is strangled with the entrails of the last priest".
We can't do anything about that, they have the disposable money to invest in bitcoin, as an individual investor, you can take advantage of this kind of scheme by big players by buying when they sell large amounts of their holdings which will cause a dip. There will always be an opportunity even at the most unequal playing field.

This is not called robbing, but mere trading. As big whales have lager capital and resources then they also have greater opportunity to execute their ways of trading. As per small traders, they are highly dependent on the movement of the market and rely on the up and down movement that they cannot fully maximize long term and larger profit, but they are not at fault of that. In trading it is like gambling as well, it is a matter of capital and degree of opportunities, and no one know what is yet to come.

This kind of manipulation is normal on a decentralized world. No one regulates exchange so everyone is free on conducting manipulation without breaking any law. Besides that even stock market, small traders is always being beat down by big players because they don’t control on the price due to the size of there assets compared on big player such as hedge fund that dictates the trend once they open any position.

In order to avoid this kind of messed never FOMO on tokens that been heavily hyped.

I get your point since whales or big crypto players could somehow manipulate the market by dropping a big volume investment same as pumping the market price buying high volume investments.

But as we know this is just how the market works, and we know the risk of getting and starting into the market sometimes you lose and sometimes you win in your trades. So do not invest everything you have in crypto just invest what you could afford to lose. Even big crypto players experience losses as well as small players.

Still, there is always an opportunity in the market, and even as a small trader, you could still make that profit, depending on your trades.

Although the cycle is still there. The king may be gone but somebody will take over. The reins of power will only shift hands. In this God forsaken world where humanity exists, there will always be inequality.


You got it. There is always opportunity, although much lesser to the poor than the rich ones. And most often, the opportunities are also at the disposal of the rich and powerful.

In Bitcoin terms, we should develop stronger hands and take advantage of the entry of the rich ones. This is their money flowing into our wallet. Let us all play the game wisely.

Rob is a very broad word and if I understand your concern correctly, I guess you were just in a wrong place and trade in a wrong time. As a trader, it is our duty to make a best decision on what to trade as trading is very risky especially if you dive to it without thinking twice.

There are groups that pumps and dumps a certain currency so you should be wary on this and make sure to avoid it as much as possible in order to secure your money and to avoid the big players in robbing your money.

Obviously they are the one who make big impact on the market but this is not robbery it's looks harsh, we can't blame them for these stuffs because that's how the market is made of and small traders should always be careful from such scenarios.


Manipulation is a common phenomena and that's where we take risk only if we can take risk or understand the market we can make some profit, else we should make resolution for long-term 8)

You are out of your mind. How can it be worse than bank? You can easily trace, read volume and make your own analysis on any different cryptocurrency that you want. If you blindly invest your money in unknown coin, you will definitely lose your money. Even if you invest in a prominent coin, nothing ensures that your money is safe with that arbitrary mindset.

Dude, if you lose your hope in the system, it is the best to leave it right now instead of blabbering nonsense about bitcoin. You should start learning bitcoin and the free market on the internet

Unfortunately that's how crypto industry works as it was initially created for a technology which will make our life easier and to make sure there is no third party interference while making transactions but now it has been changed as a profit generating ground wherein small traders are usually scape goated at the end. It's upto us that we should learn to play safe and trade accordingly without falling for any traps. As of now Bitcoin has got so many big players who will steer the market as per their benefits of required.

I cannot understand in which world you are living, who said that if you are foolish enough to risk trading on a daily basis and expect to make a profit, you need to be intelligent enough to trade wisely rather than selling the coins at a loss.
The big players are not robbing but you are willingly giving away the money.

 

Well, no one will be lost you if you will still hold your asset. If you invested 1 bitcoin, it will the same amount of 1 bitcoin. Nothing was robbed of you, the problem is you because you don't understand the price of bitcoin and how volatile it is. Whales or big players were always there since then, you can't blame them why they will not stay away, it is the same to us that we are looking for a potential profit.
Indeed right, cryptocurrency is freedom on us when it comes to financial status, but it does not mean there's no limitation upon using this.

What happened OP? Did you go long after Elon's pump? :D

Bitcoin was undergoing a short-term correction in its big bull run. This bull run is going to continue in a few months but in the short term it's going to be back and forth around 30 thousand dollars.

Bitcoin can react to news during this time and you shouldn't be too crazy about it.
If you bought keep holding, you're not going to lose in the long run.
If you bought that short squeeze 2 days ago and then sold when it went down you fell victim to manipulation.

Any market, including cryptocurrency, is still a market, and the market has its own strict laws. If someone hoped that large cryptocurrency holders would help small ones in this market, then, of course, he will be disappointed. Everyone comes to any market to make money and the cryptocurrency market is no exception.