Is the Altcoin/bitcoin market 100% rigged?

[justone123]

Do you think the markets are 100% rigged by whales? Because that's what it seems like.

Just looking at when the bitcoin mempool was spammed, it seems to correlate with the altcoins prices raising. You can see all noobs complaining how btc is slow, expensive and outdated(while i disagree) so the method is working. Is someone spamming mempool to further boost the altcoin market and organize huge pumps and dumps?

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[londonglory]

Yes I think so, whales decide what is happening. Who else?

[Tux99]

I dont think whales can move the market for hundred percent because there are other small trader have their piece to move the market.
Regarding the spam, i think it can affect to bitcoin price down and of course if the bitcoin down and its time for altcoin to be raising.

[tlustoprd]

I think it's only 99.84% rigged, which is a huge difference

[GeorgeEden]

What do you mean whales? Do you mean that some one or a group trys to feed the altcoins but then jts gonnna make big dive? And if it is like this that means a disaster is coming  upon us

[fabioganga]

I do believe that there are indeed powerful whales trying to manipulate the market, and perhaps to a certain extent they are successful.

However, because of the totally decentralized nature of the blockchain, their power of manipulating the market is definitely causing much less damage than what could happen in traditional stock markets.

[BitNinja2017]

i dont think whales can move the market that much either, and as more people buy in, the distribution flattens out as more people have holdings

[achsan fauzy]

lol, what do you mean rigged? all the people doing the trading will certainly want a big profit. I think they do it to earn greater profits.

[Erichallig]

The stock market is certainly rigged, if we define rigged as unfair. High-speed trading gives some traders an advantage over others
but for me it is skewed.  Regardless of how much the market is skewed, we have to deal with the hand we're dealt. It is what it is.