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Author Topic: When will we get there  (Read 192 times)
dmonrey002
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March 27, 2018, 11:43:52 PM
 #21

I always dream of a world where whales and big fishes have no control over the cryptocurrency world, this big players can fraustrate cryptocurrency, i wish there are other things which can determine the price flauntuation except demand and supply,

its okay to have a big players and yes it can frstrate ur mind if the market make opposite  of what you want.  but dont make it rush. make a plan for long term. you can avoid price fluctuation   in the market its normal that the price is fluctuating everyday because of the volatility.   let the big players decide about it.   you only need to do is search for them and analize what they are planing.   just ride to what they want.  because you cant beat them.   that its  if you want to make profit.
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lixer
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March 30, 2018, 12:49:27 PM
 #22

I always dream of a world where whales and big fishes have no control over the cryptocurrency world, this big players can fraustrate cryptocurrency, i wish there are other things which can determine the price flauntuation except demand and supply,
Big fishes are those who have millions of dollar worth of bitcoin which they might have bought on early days or mined on earlier days. They will always hold bitcoin that made them millionaires so they will always have control/influence of market.

Demand and supply determines price of every trading assets including bitcoin which is further influenced by news regarding the assets or other things that can indirectly affect those assets.

There will be no market if there will be no demand and supply.

Correct.
Big whales are irritating to majority but the good point is apart from having a lot of control over bitcoin price rather the whole digital market, they are basically supporting bitcoin and will never leave its side. This is why it is not that risky to invest in bitcoin.

But if these people decide to leave bitcoin, still it won’t drop because the digital market is the need of many and still very small as compare to all other stock markets.

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March 30, 2018, 01:04:47 PM
 #23

That's a really tough dream you have mate Grin . You know that there are thousands of people out there who have thousands of BTC in their wallets. Even if it was a few people, yoir dream "might" have been achieved but since there are so many people with such huge amounts of BTC, it will take a whole lot of time for their accounts to go null. I don't think it can even happen . So instead of dreaming such thing, we can think of a better strategy to gain profit despite the whales manipulating the market. This is the only way we can survive in this Crypto market.

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March 30, 2018, 01:55:17 PM
 #24

I always dream of a world where whales and big fishes have no control over the cryptocurrency world, this big players can fraustrate cryptocurrency, i wish there are other things which can determine the price flauntuation except demand and supply,
The main reason of price fluctuation is US vs Russian government because Russia is supporting to cryptocurrency so US government is regulate the cryptocurrency it is based on Google, Facebook and Twitter. Then many big whales are trying to make more profit in this time. So consumer is determine the cryptocurrency price.

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cah ndablek
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March 31, 2018, 05:30:09 AM
 #25

In terms of the actual price of demand and supply is critical so these two components can not be separated by anything and someone who is able to maximize the slightest chance a direct gain can be well earned.

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March 31, 2018, 07:46:33 AM
 #26

It's impossible mate even in the future. .so we must build our own strategy in the market so that we can prevent such issue.  'cause big players is the only one nowadays that can make the growth rate of bitcoin up and down.  Which is so difficult to predict when will be the fluctuation will made.  ..
If you think like that by following the others will help you in getting that much of money which they have made, then probably you are wrong and that you may end up facing lot of problems while doing so. The best thing which can help you out is that you need to make some better plan based on your own expertise and skillset and that you need to keep on working hard to make all of your dreams come true.
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