Tell me (again) that ETH is not manipulated by the whales

[Spoetnik]

If enough gets bought up i am not looking forward to the hype shill spamming to come.
And yeah i see now what you mean Spartak.. my bad

Question is.. is this the same whale that was responsible fro the JAN 2016 bullshit pumping crap ?

[spartak_t]

If enough gets bought up i am not looking forward to the hype shill spamming to come.
And yeah i see now what you mean Spartak.. my bad

Question is.. is this the same whale that was responsible fro the JAN 2016 bullshit pumping crap ?

There are a lot of whales, which are supporting ETH, so its hard to tell. But this was without a doubt a solid proof that Ethereum's market is being manipulated. 

[CraigWrightBTC]

Need I say more?

Well if i saw the order sell on the picture, i think ETH is be manipulated by the bagholders of ETH.
And my reasons they did it because of the developers of ETH will make other innovation on 2017,
And The investors think ETH price will going up again. So they Start buy large of ETH.

[spartak_t]

And The investors think ETH price will going up again. So they Start buy large of ETH.

This was a buy wall...

[CraigWrightBTC]

And The investors think ETH price will going up again. So they Start buy large of ETH.

This was a buy wall...

Yes, i think the aim of buy wall is for keeps ETH price is not more going down.
And i think ETH be manipulated by bagholders with much money.

[spartak_t]

And The investors think ETH price will going up again. So they Start buy large of ETH.

This was a buy wall...

Yes, i think the aim of buy wall is for keeps ETH price is not more going down.
And i think ETH be manipulated by bagholders with much money.

I won't say they're bagholders since they probably bought ETH when it was less than $1. Some people already made millions of $ profits.

[smoothie]

In order to say such a thing perhaps you should clearly define what a whale is.

Otherwise someone with 1 btc, 10 btc, or 100 btc could be a whale.

It's all in your perspective.

Markets gonna market, speculators gonna speculate, manipulators gonna manipulate.

[altcoinrich]

Every alts and bitcoin are manipulated by whales, so your point is right, but only whales can pump a coin, they make money, so it is normal.

[spartak_t]

In order to say such a thing perhaps you should clearly define what a whale is.

Otherwise someone with 1 btc, 10 btc, or 100 btc could be a whale.

It's all in your perspective.

Markets gonna market, speculators gonna speculate, manipulators gonna manipulate.

Well, it was a single buy order and I estimated it at around $780k, so I think it's safe to say that the buyer is probably a millionaire. I think this qualifies him as a whale (at least in my vision).

[CraigWrightBTC]

And The investors think ETH price will going up again. So they Start buy large of ETH.

This was a buy wall...

Yes, i think the aim of buy wall is for keeps ETH price is not more going down.
And i think ETH be manipulated by bagholders with much money.

I won't say they're bagholders since they probably bought ETH when it was less than $1. Some people already made millions of $ profits.

Well i don't know about that, are they bagholders or not because usually the ETH lovers, they always doing pumping.
I must beware with this condition, when trade ETH to BTC.
Thanks for your opinions.

[jman0war]

i'm trying to understand this.

So it's a whale that puts up a massive buy order of ETH.
And the price he's buying at is .00945  btc?

This was yesterday and i saw ETH raise, so is this someone trying to get the price of ETH up by basically putting a huge buy order and paying higher than the market price?

[mining1]

Lol, funny. And now that there's a clear sign that eth price is suppressed by whales, not allowing it to organically grow so that they can accumulate more ETH while it is still cheap, you dont have anything to say about that ? There was a 3k eth sell wall on poloniex, clearly intended to either shake weak hands or to suppress the price so they can acumulate more. No way anyone that wants to dump, dumps all at once.

[dwgscale11]

Lol, funny. And now that there's a clear sign that eth price is suppressed by whales, not allowing it to organically grow so that they can accumulate more ETH while it is still cheap, you dont have anything to say about that ? There was a 3k eth sell wall on poloniex, clearly intended to either shake weak hands or to suppress the price so they can acumulate more. No way anyone that wants to dump, dumps all at once.

You have been saying this from eth @ $19.  This fairy dust coin will die because, simply put, no one needs it...

[Spoetnik]

In order to say such a thing perhaps you should clearly define what a whale is.

Otherwise someone with 1 btc, 10 btc, or 100 btc could be a whale.

It's all in your perspective.

Markets gonna market, speculators gonna speculate, manipulators gonna manipulate.

OR ...

"Perhaps" smart ass you should quit playing dumb about buy-walls and educate the noobs here on the dangers of them as a responsible and mature crypto user with integrity ?

[maku]

Lol, funny. And now that there's a clear sign that eth price is suppressed by whales, not allowing it to organically grow so that they can accumulate more ETH while it is still cheap, you dont have anything to say about that ? There was a 3k eth sell wall on poloniex, clearly intended to either shake weak hands or to suppress the price so they can acumulate more. No way anyone that wants to dump, dumps all at once.

Where is the proof of this price suppression? I might not see the whole picture, but why whales would want to keep the price low - when they are ALREADY owning shitload of ETH?
Higher price will mainly benefit whales after all! I feel like this is more like a conspiracy theory trying to explain why ETH price is stuck.

[Mallyx]

Lol, funny. And now that there's a clear sign that eth price is suppressed by whales, not allowing it to organically grow so that they can accumulate more ETH while it is still cheap, you dont have anything to say about that ? There was a 3k eth sell wall on poloniex, clearly intended to either shake weak hands or to suppress the price so they can acumulate more. No way anyone that wants to dump, dumps all at once.

Where is the proof of this price suppression? I might not see the whole picture, but why whales would want to keep the price low - when they are ALREADY owning shitload of ETH?
Higher price will mainly benefit whales after all! I feel like this is more like a conspiracy theory trying to explain why ETH price is stuck.

They aren't really keeping the price low. It just require a lot of time for the market to absorb an high quantity when they want to sell. You can't yolo dump with one click if you expect to sell an high quantity.

[mining1]

It was on poloniex for a few days, 2.5k btc sell wall or around that amount, didn't follow it 24/7 to tell it more acurate and didn't screen it either because i don't care. Now it was removed.
It's simple, if you want to sell, you sell smaller pieces to avoid price dropping / tanking. Showing off your cards like that means you don't really want to sell, otherwise you'd do it slowly and quietly without causing a price drop, and get more profit. Simple. ETH price now is low mostly because in the short term, up to 1 month, there won't be big news untill they anounce metropolis, and the BTC pump. The price will easily double with metropolis, but on the other hand currently there's FOMO in btc world.

[Spoetnik]

Can't believe i am agreeing with mining1  
(about the small amounts)
Which just shows manipulation..
Someone is not going to do that to show off..
They are doing it for a reason.
Walls are put up to control the price.

For example a dev of a coin was blatant about it and kept saying he was doing it on Cryptsy chat a couple yrs ago.
So no you can't sit there and bullshit about it.
The dev's admit it.

The dev's have in fact admitted to precisely what Spartak was pointing out.
Dev's said they did it for that exact same reason too.

You guys have no room to argue.
And if i have to i will name the dev and have him come and tell you himself LOL

[mining1]

And i was right. The wall was removed. Also a big portion of the wall was eaten. And as i was right, the point was to suppress the price, because nobovy really wants to buy into a sell wall, because if for any reason the wall is real, the price cannot increase but decrease. And in a day the price increased by 1$.

[Minecache]

It was on poloniex for a few days, 2.5k btc sell wall or around that amount, didn't follow it 24/7 to tell it more acurate and didn't screen it either because i don't care. Now it was removed.
It's simple, if you want to sell, you sell smaller pieces to avoid price dropping / tanking. Showing off your cards like that means you don't really want to sell, otherwise you'd do it slowly and quietly without causing a price drop, and get more profit. Simple. ETH price now is low mostly because in the short term, up to 1 month, there won't be big news untill they anounce metropolis, and the BTC pump. The price will easily double with metropolis, but on the other hand currently there's FOMO in btc world.

Gud analysis. Gud times to buy more ETH.