They may or may not. A whale may decide to buy a shitcoin and pump it, wait for some idiots to fomo in, hype it more and then dump on those buying new effectively having made a profit and getting back their initial capital. However these leaves those idiots with a shitcoin to hold and nobody to sell to.

Its not that whales wont listen what technical analysis says, but they have some inside news and it was with Bakkt incident being postponed and the dump happened before the news came out.

Overall its not possible to predict how a whale might move the market. They do it for their own benefit : either to stock up their coins or to cash out their coins.

Famous is one word to put it. Famous can also be overhype. You can observe trends and see that some coins are in the limtelight every now and then because of some famous person endorsing it or some other bullshit. These are thing that one should be careful of and not give in too much money into. They are eventually going to dump because the person brought the prices up is going to dump on whoever bought it pretty soon.

But if you are talking about the top 10 coins on market capitalization except the forked coins and ripple then its a good choice for novices. Newbies though should get their fundamental understanding before buying any coin.

Its comes to gamblers as a challenge as well. They want to beat the house every time they enter even though they have the logic that shows that is is very rare for the house to lose and that too for only a few seconds until the next bet is a red streak. They feel jealous when someone else wins big but fail to realize that the big win came at the expense of a number of big losses.

Resisting is not easy. But it can be done if you are willing to stop.

Leaving this here just in case - BOLTON STO IS NOT SCAM !!!

I just found this thread so thought I would post the link here. Seems like someone here is willing to defend the team and posted screenshots of the same message by the admins posted on their telegram. No surprise here since the scam initiator has to keep his koolaid crew brainwashed in order to keep control over the money coming in.

No idea how the OP of that thread is related to the scam ICO team but since they are wearing their signature probably they are a bounty participant and thus their blood saturation of koolaid is very high.

Dont know why people are still posting in this thread but the OP has not been active for almost a month now and the thread is going offtopic into a shitposting cesspool.

OP if you are reading this you should post a trade offering in the Currency Exchange section of the forum. You may get offered there with a good deal. Make sure to use an escrow while dealing to prevent scammers.

Otherwise just deposit your ETH on any exchange which you are comfortable with and sell them for bitcoin. I dont see why would not have done it already.

The price going up is not essentially a sign of development or market adoption. These have a slow growth curve showing that more bagholders are gradually buying into it which is a good thing. But in 2017 Q4 it was a manipulated pump as per consensus with the tether minting by bitfinex, so it was bound to fall - the only thing is that it made a lot of people elated and they forgot to sell and cash out some coins at that time.

Those people are the reason why spreading of FUD occurs. They are get-rich-quick wannabes who went capitulating once the market crashed. This however did not hamper development.

How is the context of greed coming to day trading, because a person who is having the skills to day trade is not greedy at all. Thats contradictory in the first place. Day traders observe daily trends changing in technical and make money in other ways than one. They do trade but they give paid analysis as well to their "cult" groups. Then they also run courses on udemy or free courses on youtube. Basically everything that is needed to milk out money from their "cult" and dump their shitcoins on those zombie supporters.

Its a good way for them to run a profitable business. Whales are different though. They are not comparable to these shills.

Stop shitposting like this if you have nothing new to add to the discussion. Talk about what you feel and not repeat the same stuff like this. I wonder why your campaign manager even accepted shitposters like you.

Do you have any proof, because otherwise its speculation and though speculation is good be realistic on the price demands and order buys and sells accordingly. Dont put up a 100x market price order just because you think its going to go boom right away. Long term growth has a low slope curve and that is a good thing. Supply of coins will end in around 2140 year so thats a long time from now.

But we can teach them what is right and wrong and help them make decisions. That is what a forum is for. People can talk and discuss among themselves to come to a change in mindset.

Addiction becomes a sickness at times if you allow it to become so and make it the only thing you are obsessed with. This should be controlled and I feel every person is capable of doing so.

Average person in PH is a more or less belonging to the low income strata. Not having a proper job and economic instability are the reasons people turn to other methods of money making which are often risky. That cannot be generalized to other people.

Quoted for reference
Offtopic but why are you using the sign that another user uses? https://bitcointalk.org/index.php?action=profile;u=2295681  

Mistakes can happen but this is pretty gross and not something that I will let go easily.  

Archived here - http://archive.is/5D76l#selection-2625.0-2629.4

Only to be abandoned by the devs once the listing is complete and the koolaid feeder crew has completed it propaganda dumping their money on unsuspecting investors in the middle of the day. Typical ICO exit to grab your money and then go into a "maintenance mode" to look for more venture capitalists to feed on.

That is irrelevant in the context of new coins. It would be relevant if it was a already established coin.

Thats is also irrelevant to this discussion because it is about new emerging coins .

However taking time to analyse two different groups of assets is time consuming and a laborious thing to do. Not to mention keeping up with the trends in both section will leave your head in a sort of puddle with no exit. You can observe speculation but in terms of speculation the stock market has a limited time of remaining open per day and is also regulated strictly so it would be easier to keep it in track. Crypto will need more dedication and is often going to be unpredictable.

End of the day its your decision which one to put your money on. Both has their pros and cons.

The owners will obviously try to make sure that the regulars remain regulars. That is why we have the promotions going on every now and then. Its all a part of marketing the product that one develops after all the casino is the product and you are user of that product. What is good and bad is not their decision.

If one person thinks they are going to gamble their money then its their personal choice and nobody is supposed to stop them from doing so. Being adults every person needs to take their own responsibility.

Local rule:Thread is self-moderated to prevent trolls and scumbags from shitposting.

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RichG Was previously tagged by DT for scamming another user as per this thread and then the account was probably hacked/sold (?) I was not very active in these sections during the time but as far as I can see the tagging was justified.

Next RichG had a Lending thread here - https://bitcointalk.org/index.php?topic=1924126.0 archived here - http://archive.is/gfckK
Now TheCryptoNinjaGuy started a Lending thread here - https://bitcointalk.org/index.php?topic=5106403 archived here - http://archive.is/9Gvce

The above two threads opening posts are way too similar except the repayment address and one more line. If you follow the text it seems as if majority of the text was copy pasted. This is where my suspicion of these accounts being connected comes in.

TheCryptoNinjaGuy has the following bitcoin address
RichG has the following bitcoin address (from their lending threads respectively)

I need someone who has practice of blockchain forensics to check these addresses if any possible connection could be made or to any previous address owned by RichG.

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Additional "juicy information":
The account TheCryptoNinjaGuy2 was caught selling account recently as well here - https://bitcointalk.org/index.php?topic=5104136.0
archived here - https://archive.fo/4tGh0 for which some members have tagged them accordingly.

TheCryptoNinjaGuy2 has the following telegram ID

It cannot be said with full confirmation that whales are the reason for every pump and dump or any collusion. Several hedge funds are making the market move when there is a certain trend that is being followed. This trend is set by the news that goes into the social media and in case you follow then you will also become aware of them. In general do not buy a coin which you have never heard of and reached 500% gains in one day on coinmarketcap charts. Those are obvious pumps which will be dumped or already has been dumped by the time you login to your exchange.

It is presumed that whales are behind these huge movements but to what extent is still a mystery and something these get revealed but with a lot of speculation.

You are getting a false opinion. A person who is day trading is supposed to be looking more at the TA and who the whales are dumping or pumping more than the average hodlers out there. Day trading is much more risky than hodling and these people simply follow every pump that happens and cash it out to make money. Of course they may seem impatient but thats how they are functioning to make money.

But again if you talk about capital management most day traders will not spend more than 10% of their capital behind one position. They know how to manage their money because without it they would not become day traders in the first place.

That sounds more like a pump and dump scheme.

This is partially true for many coins out there which were pumped and then the owners dumped it while in the bull trend. In the end you are parting with your precious fiat and bitcoin to buy those shitcoins which have no long term value in growth. Unless you are a bagholding advisor of a certain project, I dont see any reason why any trader would continue to hold a shitcoin during a bull run but rather sell it for the profit and get out.

Good thing you are keeping your habits under control. Just make sure you are managing your bankroll and micromanaging your game properly so as to not lose too much within short period of time. This in inevitable at a few instances but then you can also win big from taking a bigger risk. As long as you play for fun and not adamantly hunting for a specific multiplier you should be good.


Please dont talk about getting children to play gambling games. Its morally wrong because they are not mature enough to understand the risk and addictive ability of gambling.

I will try to make a few points clear here.

About accounts getting blocked - some people tend to use exchanges as offshoring off money they got from illegal sources. Generally that is the reason why a legit and reputable exchange might question you or block your account. Again new exchanges may have been scams so do your own research for those.

About funds being stolen - there are precautions that you can take. Do not store funds on exchange after you complete trading. Withdraw them as soon as possible. Though this has been said to everyone since a long time but few learn the lesson only to forget in again in future.

About the legal problems with exchanges - you simply cant do anything about them in case funds get moved away. Crypto does not have rules and regulation in every country and you will actually waste time by explaining what is to the authorities than actually get anything back other than a smirk smile on their faces and getting dismissed and trolled. Sad reality.

And the toughest part of trading is doing the same. You cannot decide on what point is the best to exit by just looking at speculators. Remember that majority of the opinions are biased because they are coming from the bag holders of coins. They want to make profit dumping on people who are coming in new. If you do your own analysis then the older price chart should indicate a good entry and exit point.

There are also fake news and manipulative news which one must become resistant and begin to ignore. Then there are shill youtubers who pump their bags of coins.