The trick of the Whales

[slate_main]

Trading and forward progressive movement in the coin / token can be directly coupled to the gentle but progressive upward movements on price indexes. If a tech has a solid business plan and roadmap et cetera, again, tied with real world services, then yes, the price rises - traders help with the fluctuations and volatility but there is long term value too...

[greeklogos]

I don't think it's the game of whales. Whales don't interested in shitcoins that cost nothing, they invest in bitcoin and other well known currencies. And the fact that the price for coins, which are kinda in the shod we today, doesn't change us only because people who bought it on the ICO just holding it with expecting of it's rise. Everyone is just holding, do you get the point?, so it's a circus. They are holding and expecting that someone else will start to sell or buy it to the price finely start to move.

[grapevin]

Have you noticed  that there are  some  valuable coins  that  keep on staying ''under the radar'' at ridicoulous prices?

That's impossible....  but  in some cases    I think the  big players  with big money manipulate the price of these coins  to keep  them as  low as they can


There are some other coins  very valuable which  stay at the same price.... we can think about  ETHereum...  evryone know it was  a big potential coin, but  the last year  in this period  it  was 13 $ and   staied in this price for a lot, before TO EXPLODE


The  boom  for some coin is at the corner...    I think that  some coins that are valuable  but  keep on stay underpriced, are manypulted by whales

There is the trick of  sell/buy wall  that  an experienced  trader would known....basically the whales  put   a big order  at buy (increasing the buy demand)  and  then delete  their order, making the price fall, and keeping it  ''stable''

SO my  touhght  is::  LOOK THE  DAILY -WEEKLY ORDER BOOK AT THE EXANGES..... if  YOU SEE BIG ORDERS  WHICH SUDDENLY DISAPPEAR  ON A  valuable coin  THIS is  the signal that The whales  are keeping the price  low  to accumulate,  because they know  there is HIGH CHANCEs  that  that  coin will be very valuable in the future

This my personal teory, not  applicable on all coins, because it works  also as ''pump and dump'' with  shitcoins...so  not  only  for  ''valuable coins''

What  do you think about it?

such as???
what coins are you talking about specifically?

[Koadharber]

I don't think it's the game of whales. Whales don't interested in shitcoins that cost nothing, they invest in bitcoin and other well known currencies. And the fact that the price for coins, which are kinda in the shod we today, doesn't change us only because people who bought it on the ICO just holding it with expecting of it's rise. Everyone is just holding, do you get the point?, so it's a circus. They are holding and expecting that someone else will start to sell or buy it to the price finely start to move.

This is the risk of those people who do make investment specially on ICO or even on traditional buying of altcoin you wont even know if that coin would be pumped up or not and as you said was true on which those whales wont easily pump a certain coin if they dont see that it is worth to be pumped.

[DosManos]

Yes that could be true,
and not only that, they are Pumping other useless coins and earning money on it while keep buying more and more of the other coins that they keep cheap
 

[cryptohorsee]

classic pump and dump by whales, look at bittrex ADA. that was stupid 2k sats buys

[tuvok007]

Trading and forward progressive movement in the coin / token can be directly coupled to the gentle but progressive upward movements on price indexes. If a tech has a solid business plan and roadmap et cetera, again, tied with real world services, then yes, the price rises - traders help with the fluctuations and volatility but there is long term value too...

Whales are playing with Lisk a lot, Lisk will rise to triple digits level within a year and they know it so they are trying to accumulate as much as they can for the cheapest price possible.

[TimeHacker]

You are probably right. Actually I see such behavior now with the Mysterium network token (MYST). The typical daily volume is about 15 BTC, but there are 5-15 BTC walls appearing and disappearing all the time. Also when the price moves away from some range, sometime there is sudden 50-100 BTC spike in the trading volume. It all looks suspicious, exactly like a whale filling their pockets at low prices.

The Myst price chart on Bittrex really looks like someone with fat wallet is artificially pushing the price down to buy cheap. You can see it on the flat lines, when someone places a big sell wall, but the market is willing to increase the price, so it stays flat. I think they would be very badly surprised if someone would buy their low-price sell walls instantly

[Cacingkemi]

Yes you think is the same as me,but not for BTC or ALT that has many devotees.Fellow whales race go to the star the twinkling ones,in conclusion easy whales keep the price balance by planting a sturdy fence

[greenfailure]

You are probably right. Actually I see such behavior now with the Mysterium network token (MYST). The typical daily volume is about 15 BTC, but there are 5-15 BTC walls appearing and disappearing all the time. Also when the price moves away from some range, sometime there is sudden 50-100 BTC spike in the trading volume. It all looks suspicious, exactly like a whale filling their pockets at low prices.

The Myst price chart on Bittrex really looks like someone with fat wallet is artificially pushing the price down to buy cheap. You can see it on the flat lines, when someone places a big sell wall, but the market is willing to increase the price, so it stays flat. I think they would be very badly surprised if someone would buy their low-price sell walls instantly

Same thing has been happening with NBT,, easy profits to be made just buying into the walls and waiting for the eventual pump... both run sideways for a while then pump, repeat

[Svelto]

I notice the same too, perhaps you are right. This is like a psychological game, the whales make the price low for a period of time. When people lose confidence and interests, they tend to sell the coins cheap to whales.

[faitaccompli]

Yes it's rampant on Bittrex and probably all the other exchanges as well. Go put in a buy order for a completely dead coin with little to no volume. Immediately you'll see the bots kick into gear and try to goad you into buying at a higher price. Wash trading probably happening too

[iTradeChips]

It is very obvious sometimes for these whales that they are becoming noticeable by those who are already knowledgable in Cryptocurrency. I am not sure if there are measures to prevent being swindled by them other than buying at low volumes and not putting too much in one crypto basket.

[JofryTheKing]

And why not manipulate, if there are such opportunities, as they want and twist, but for their own benefit. Do not be surprised, and adjust to the situation, you need to tear off a piece from their big pie)).

[Idrisu]

The whales make money through cryptocurrency systems manipulations and most times they targets is on the panic sellers and those that do buy at the wrong time. Whales pump a particular coin because they have in mind to deceive others to invest in that currency and dump the price on them. You should be careful in other not to become their victims.

[disconnectme]

It is interesting that when the price is low people blame Whales for the low price, trading is an art and science and this are in phases and those that have study and understand this will always come out making profit. We all know most people are very impatient when the price is low they can't wait to dump and move to the next thing so they sell out at very low price and who is buying this tokens an intelligent investor called Whales

[bitkanu]

It is interesting that when the price is low people blame Whales for the low price, trading is an art and science and this are in phases and those that have study and understand this will always come out making profit. We all know most people are very impatient when the price is low they can't wait to dump and move to the next thing so they sell out at very low price and who is buying this tokens an intelligent investor called Whales

Some times the whales just try to  make a manipulation into the price of token, A lot of people are blaming whale in this case because the only party with very huge amount that can give impact to the market is only the whales.

[oxonhu]

how many whales are there ? i don't know guys. maybe in top 20 altcoins we can say that. but there are many many coins and there is always a sell wall. can whales do that for all coins ? i think there is wall in our mind. people think price is so high and will fall soon cuz he doesn't want to lose and he sells. thats all. don't blame all time whales.

[CaesarCipher]

Interesting observations. Yes, on small to mid cap coins there is invariably manipulation by whales. That's the free market though!

[vit05]

Whales play in every open market. In crypto they play a lot, but, sometimes, they make wrong movies. Sometimes whales buy or sell not because they want to change the prices, but because they have received inside news. Like knowing that BTS would be unlisted, or that CHina would ban Bitcoin.