Bitcoin Forum

I strongly believe the whales are trying to shake coins out of the weak hands before the big pump happens. They want to consolidate as many cpins out of the hands of tye little guys before scooping up as many as they can.

I agree I also think that there is a special lowering of bitcoin in order to buy cheap and then when he grows up to sell

Of Course, and I think at this time the pumping prices of Bitcoin begins.
Can't wait to see the big pump happen.
I have bought the Bitcoin with a cheap price, Relax and let's take a Holiday  :D :D :D

Could be true, but on the other hand, there have been a lot of FUD lately surrounding the fate of cryptos especially around South Korea and currently in the United States. In the long term it should help to be regulated more but there will be some pains in the fallout. Will probably observe if btc prices have bottomed out and then join the party then.

I'm really tired of this whale fairy tale. I think 200,000 bitcoins taken from mt gox's case were handed over to the United States, and the ending market of these bitcoins went into decline(dip). No conspiracy theory is necessary. The truth is obvious

Its no secret that whales have been doing this so called manipulation, so its either we ride with them, or weak hands sells especially newbies so that they can buy cheap coins and hoard them as long as they can and dump it when the timing is ripe.

So its really up to us, as to how we manage the ups and downs, exited early and buy when the price is cheap, hold and don't worry about the wild price swings and check your investment at the end of the year, or panic push the sell bottom and never comes back. Its your decision.

Yeah, I think so too. I think the price of bitcoin will be more than$ 50,000 this fall.

Those bitcoiners is a huge precursor of the price of bitcoin. The amount of bitcoin they have can easily affect the price and they are taking advantage with that.
We can only get good profits if we can be smart. We need to ride along with them. When they buy we sell and when they sell we buy.
The hard thing to do is to know when they want to buy and sell. But if you can you will surely make lots of profits.

don't forget, The whales have supersonic abilities in sniffing their target.  ;D
The preys are fresh coins that emit a sharp aroma, especially in newbies' hands. panic is profitable situation that they would try to create by using medias.

But are they done yet? I could see this being the beginning of the pump and I could also see another month of terror and them pushing the prices even lower. I am good either way as I managed my portfolio quite decent back in December but a bear run would sting a little bit nonetheless.

Before bitcoin / crypto market is just depending on it's economics but now it's starting to be shaken out because of bigger players and those are the whales. There's no doubt that these whales are always on advantage whether the price pumps they'd to sell, when the price dumps, they'd to buy.

We have to be close to a price that even the whales will be afraid of pushing it any lower. They have to be able to recover the price upwards for their strategy to work, if for example the resistance at 6k is broken then it could spell danger for them and the market as a whole. That's why we'll see strong resistance above that price and probably accumulation in the 7-9k range for the next few weeks before a real run begins.

we should not blaming the whales for everything and I think we actually needs to also see that crypto currencies wealth is moving from the hand of the first holders to the hand of new investors. The whales help us to make money because without their activities we cannot really make  money from the fluctuations of price.

Currently the situation is little skeptical as prices move above 9k and then falls back to 7k approx. This is the really issue from last 1 month and thus not giving much confidence to even whales as they buy it and if dump happens they will lose out.

I don't think whales are behind the recent drop but, if they were actually manipulating the prices to scare some people away (weak hands) then I'm ok with this. We don't need the panic sellers dumping their coins at the first sign of a drop/pullback because they can't understand the concept of fluctuation and volatility. In the long-term, it'll be healthier for the crypto ecosystem to get rid of the weak hands as we won't see the prices tanking even harder because of panic selling, though i'm afraid they'll come back due to FOMO once the next bull run starts.

That's always been the plan. I have been monitoring the biggest addresses in bitcoinrichlist and all of these addresses have either increased their BTC count or have kept what they have, so they are accumulating.


Of course, a lot of whales keep their coins spread across many other addresses, but usually whales have at least one address with a ton of coins so you can guesstimate around that. For example Loaded a bitcointalk user, has 40,000 BTC on a single address.

OH come on. That has always been there, that's how society works. This is something you have to know if you're an investor. Whales or bulls or whatever you want to call it will exist for ever. Because no one is ever going to come up with an economy where there is no clear cut distinction between rich and poor, in other words stability in the economy. I laugh at this statement whilst I write this because for one such a thing will never happen, get used to what whales do or do something that will revolutionize the world.

Whales are predators who will always hunt for our money. It is a law of nature. We can't oppose anything to them. They have a very large resource in order to manipulate the market. The only way out is to buy coins at the moment when the price falls to a minimum. Perhaps someday coins whales are distributed among all users.

If it happens, its gonna be better. I guess weak hands doesnt want big profits and the whales are taking advantage unto it. Actually, thats how this world go. Manipulating things to have bigger profits and we want this one instead of not mooning at all.

That's not new. When there's enough pump for the meantime they will not waste that moment of cashing out and that makes the price goes down again when they started to sell at the same time. And those weak handlers will worry as usual and we can see a lot of threads that are published here everyday when the market seems not to perform very well.

Well, they always do that. They are capable of creating bad news in order to dump bitcoin as hard as they can. During the dump, they try to collect many bitcoin so that in the future, they will bump bitcoin to make money. Just hold your coin if you can not trade.

Yes well if the top 1% of bitcoin holders sold some coins to the new traders at 16K to 19K during the speculative frenzy in December, and can now keep prices down around 8K to 9K and shake those coins loose and rebuy them then they are doubling the number of bitcoin they hold. And then when bitcoin prices start spiking up there will be a whole new bunch of investors to sell to at a profit before the market crashes again. That’s the way it seems to have been since 2011 - wash rinse repeat! So we should be trying to do the same thing, and taking profits when there’s speculative frenzy with the price booming up - and buying when the market bottoms out after a crash as it seems to have done now!

The shaprs are the main source for new and old coins' growth in values.  At times, it depends on the number of sharks hit the market uying coins. Pumps and dumps are decidedn They do wait and watch the market for the best ICO to cto choose.

It's true, that is what happened, the water with shock waves has made the bitcoin value up and down like a red float from rubber floating on the high seas. Everything is already happening and can't be prevented anymore we should follow the whale rhythm wherever he goes, if he went down let's buy as much bitcoin as possible (for those who have double fund), when he rises and may be seen on the surface of the sea, we should sell simultaneously. Perhaps that's the best we can do right now.

That's right whales always manipulate the price when the coins price rocketed and they always shake the market to create a panic selling which is a opportunity for them to buy back again for next round when the growth rate decrease . .

The matter is that large whales always manipulated the market and received super-profits from the crypto currency, And we, ordinary users, have only crumbs from the table and were happy about it.

Whatever the reasons why this bearish trend happens it allows everyone to buy at lower price. Although we can assume that it's a manipulation of the whales to get profits from the weak hands but what if the weak hands had already got matured and learn to hold at the bear trend.

Its a regular phenomenon which big whales use to grab cheaper bitcoins always targetting the newbies who are fond of becoming victims due to their inexperience.

I am not so convinced of this, because the big capitals are never quiet and they are always mobilizing to obtain benefits from everything that represents an interesting investment opportunity. Perhaps many obtained great benefits after the massive sell off that was observed at the end of last year, and today they are enjoying their profits and investing in other businesses, that is why at present there is so little fresh capital in the market.

This idea is very popular with lot of people. I personally have mixed ideas. I tend to think these whales exist and they really manipulate markets in bad days.. But they don't alwaysa win, they are regular people following bitcoin price man.

May we say that they are just having fun with crypto manipulation and collecting coins from those people whoa are selling in cheap prices.
Yes, they don't actually win all the time, but their doings really affect the market trend.

I think like that, they try to shake up new investor confidence with bad news in the media to make everything panic. and that's the time for them to take it.

not only that, they are able to manipulate market price movements so as to affect the value of existing coins to touch at the lowest point and force small traders to sell all their coins at low prices