Bitcoin Forum

Well played today btc family ;D. I want to mean BTC, BCHABC And BSV. Just 3 coin huge bump today. All others all is as same before. Few alts are still on down trend. I am suspecting it's a whales game. They dump 3 of them huge and after bought on low price suddenly bump. Genaral traders like us fall on their trap. I don't know if someone believe or not whales game but I believe. They are the one who make huge pump suddenly and huge dump suddenly. What you think about it ?

The only reason why BitcoinCash and SV are increasing the most is due to manipulation. The people behind it are wealthy so they manipulate the market to lure people into joining their coin and leaving bitcoin but sadly, that's not going to work.

This pump out of the blues just go to further strengthen the claim that the market is manipulated,otherwise I do not see any other rational explanation for how the price pumps and dumps.
Well let's see how long this very pump will last,it does seem to be moving up at rather quick pace,at the end of the year bitcoin could be about 4500+

That's your speculation so nothing wrong with that.

Honestly I didn't have any analyzations made yet about the recent's "rise".  Just following the progress and seeing what will happened for the next following days. No strategy at this point (or should I say still the usual approach). There are been some sudden changes happened on a duration of single day that leads for others to speculate "this"  or "that" will be happened but ended up failed.

Let's see how far this will goes.

Exactly you got the point. But they forgot father is always father. Age of son can't be equal of father even and forever. However they are trying to manipulate but they will not success to break the community of Bitcoin. Bitcoin will walk his own way. They will never able to touch Bitcoin.  But some times they try to dump by spreading few FUD but it's not working as well. Bitcoin getting recover it self.

Also, the whole market is pumping. Scam coins like EOS have pumped. Joke coins like DOGE have pumped. Even Bitcoin Gold and Bitcoin Diamond have pumped. When Bitcoin grows, they grow. When Bitcoin falls, they fall. They cannot stand on their own because they don't do anything better than Bitcoin does it, except being manipulated.

I would hardly call them a family, given that Ver and Wright would both like to see the end of Bitcoin and each other. A very dysfunctional "family" if you ask me.

Almost all alts have followed BTC in price for about as long as I can remember, and this still holds true even in 2018. I personally don't think this current rally in prices for BTC (and almost all crypto) is going to continue for much longer, and a retest of prices in the upper $3000s or so is on the way for BTC, but we'll see what happens in time. I'm personally not making any sudden moves as I'm waiting to see how this recent upwards move will mature.

Sorry but you need to play wise. the crypto trading space has always been like that especially whenever there is a huge bear market. the manipulation set in to drive the market.  people has to thread with cation. this is the period people get burned easily.

Shame on Roger & Co. They put their soul into getting BCash accepted at so many stores, yet Litecoin enjoys much more on-chain transaction activity with close to no merchant adoption. If you after a year of hardcore shilling and trashing still haven't been able to get more people to use your shitcoin, you are probably not going to see much growth in use ever. Fail.

Too bad exchanges only care about making money, because I would delist this garbage in an instant. Toxic entities shouldn't be granted a stage.

I think this is a start of bull run i guess since bitcoin already broke the resistance of $4k, somehow i want to hope that it will continue to grow much more higher than before. I will just wait and see if the market is just bluffing or not. Will it ever continue to grow next year? I can't wait how everything would have change in a short time.

As I am well enough here in this kind of market. I know not that every whale are doing something to make people believe that something could be up with the market.

It's funny though. People first expect a firm bounce from the $3000 mark in order to have a better indication of support and a potential bottom, and when we have exactly that, it's still not good enough. :D

I get it, people are conservative and have been tricked into believing a recovery was due more than once, but isn't it better to not expect anything at this point? Let the market do what it needs to do in order to bottom out properly.

I observe the sentiment of the mass and do exactly the opposite, and it worked well this whole year. CNBC has been a great indicator as well. Brian Kelly two days ago said that he was short and look what the price did, it went straight up.

Price manipulation is everywhere and its no surprise for these things to happen anytime. There would be always whales which can really affect overall market
price if they wanted to because of their capacity due to their holdings.So, as a small time trader then making profits would vary or depend on how you would
ride up with those waves.

Hello! I think this is some kind of truth. Perhaps you are right, and it is possible that the market is starting to recover. I want to believe in the second assumption. We'll see)

Basically bitcoin is controlled by the miners who gather all the new minted coins and all the transaction fee's tied to that. They collect a lot of bitcoins and are rich in bitcoins as well which gives them the rights to move the market however they want. Bitcoin abc is the same miners I talked about and this is even worse considering they are the ones who control all of the market and have most of it with their mining equipment.

Bitcoin sv is the Craig who had a lot of bitcoin (and probably still has a lot) and sold a lot of it to get bitcoin SV to a great price. The cash ones make no sense when to go up or down because they literally worth nothing but even when bitcoin goes up we have to think about the risk of some whale bitcoin early adopter selling many coins to drop the price whenever they want.

I think all the coins are up now, not only 3 coins, eth, pumps and xlm and others. I think it's time to go up because it's been down too much

We can find that bitcoin cash bumping too hard which can bring us a thought of being manipulates in msot of the traders mind but if they are still doing this means they also want to follow the whale's strategy just dump their coins when the prices starts to fall.

At last, a significant uptrend occured. Honestly, it is quite relieving to see that btc's price is improving which same as the status of your holdings. I just hope this good performance will continue and until btc recover once again. I guess it's not too late to have a Happier Holidays :).
Hmm, I'm still not sure about the existence of so called "whales" simply because I never met someone but if we analyze the findings on the graph, the big spikes and steep downfalls prove that they really do exist. Well, that was expected already since I'm pretty sure that they are capable of dumping/hoarding huge amount of btc in a single blow.

I'm a firm believer of this theory and this is not a new game in the market. This is a classic style of whales game that many still get into trap. But if you know how to play it along with them it's nice to have big gains like the whales do.

this crypto market is unbelievable and these altcoins are destroying the image of the crypto world, on December 19, 2018 bitcoin cash had the price of  $119, but in only almost 2 days it increased to  $220, had a great increase of price.

On December 19, 2018 bitcoin SV had the price of   $84 and in 2 days its price increased to  $130, had a great increase.

I think the three coins are a sign that the market will recover soon, even though there will be moments when the market often falls. Good News currently has no major influence and some people continue to use analysis as the best way to see the best possibilities for the market

okay that make a little sense, i dont have analyzing to say that.
not just btc family when btc pump all coin follow it, waves have more gain until 48%, when bch and bitcoin SV just about 30% at that time.
but today they back to red again, wondering what happen next.

most people believe that market price movements can be easily manipulated by whales, but now the altcoin shows a slight increase again, it clearly shows that approaching the turn of the year many large investors can influence market price movements

Any movement can be initiated by whales. And then they can just let fomo do it's work and see people foolishly jumping in simply because they don't want to miss out. And then they can just easily take profit leaving gullible traders hanging.

It all comes down to how greedy people are, because instead of avoiding these coins, people hop back in just because they have been pumped hard in the last couple of days.

Bitmain is in deep trouble if they don't make sure the value of their existing holdings recover somewhat, which explains the pump BCH has gone through. I hope regulators look through that and reject their IPO application.

This is the time for other mining manufactures to make sure they market themselves properly. Bitmain's time as the absolute leader in the space should definitely come to an end.

That's correct otherwise all alts get dump on their prices maybe next year the price will increase up and we should to wait it until this season.