G2z_Riya
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May 10, 2018, 07:39:45 PM |
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Price manipulation over bitcoin and other digital currencies were true. We cannot conclude that the entire market is manipulated, to some extent the whales move their assets and try to manipulate the price. Maybe the manipulation from whales contribute around 2-5% overall.
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EnaksiS
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May 10, 2018, 07:44:18 PM |
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Manioulating? They are making the shape of the market. We can only defeat them by increasing the number of new members. More new invester love whale effect. That's just it.
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vycl87
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May 10, 2018, 07:53:33 PM |
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They certainly affect. But it does not come to me to link every situation to the movement of the whale. People with a large number of Bitcoins, which we call whales, make the most money through crypto money manipulation. Obviously, I can not say they are doing it wrong. Because who has so much Bitcoin in your hands, it will affect the price if you buy it somehow. It will have the same negative effect when it is selling. It happens without asking. For this reason, I do not want to think badly. This will change with the increase in the number of those with Bitcoin in hand. It is good to be with them instead of against them.
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Lagrood
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May 10, 2018, 09:23:55 PM |
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All kind of markets are manipulated and it is normally. Just imagine that you have very much money and you decide to buy bitcoins I mean if you buy quite big amount you change current price sufficiently and in this case you are a person who manipulates a market.
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MUG1WARA
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May 10, 2018, 11:46:25 PM |
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of course money that many will be able to manipulate a market. because with the money that many people can do anything against something he wants.
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shulio
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May 11, 2018, 12:04:32 AM |
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Of course it is a whales job to manipulate market with its marketing and fiat power. To maximize their earnings, the manipulate the market in every way.
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sid_jain (OP)
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May 11, 2018, 05:02:55 AM |
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my point is did you notice that this time bitcoin hovered around the 10k mark more than usual ... i think there was a fud going on where whales were testing the market before dropping shit loads ... i thought they were playing reverse pschology game but them it turned out the market crashed again
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thecoder2017
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May 11, 2018, 07:38:43 AM |
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We will not be surprised anymore because its their nature of.work to manipulate coins they will buy many but will hold it to make the rise of coins in the market.
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Bagaji
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May 11, 2018, 08:42:04 AM |
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Whale are always out to make profit by way of price manipulation in their favour and there do that investing much in Bitcoin and that will increase the price upward after that there will dump by selling out their position and take profit.
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tradcoin
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May 11, 2018, 06:25:12 PM |
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Yeah, I also think that the market is being manipulated by the whales. I think they reduce the price of bitcoin in the market when the price is about to go up again by attracting huge amount of money from the market.
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St4yInTh3D4rk
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"STAY IN THE DARK"
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May 11, 2018, 06:29:50 PM |
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Hi guys , Do you think the whales are manipulating the markets ?? Has any one noticed that the current bull run that has been on for the last few weeks comes to a halt every time it reaches the 10 k mark and slides down . My theory is that whales sell at 10k and then create fud so market slides down only to buy back and pump . What do you think ?
It also may be a reason or the market is naturally acting in that way.Now bitcoin is again crashing as you said so people need to start holding to help the bitcoin to recovery but most of the people will do panic selling at these kind of situation which make the condition even worse.
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darkangel11
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Don't let others control your BTC -> self custody
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May 11, 2018, 07:25:11 PM |
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Yes, they are, but what do you understand by manipulation? In reality a whale simply does his job. Buys low, sells high, has to sell to protect his investment because he doesn't believe in cryptocurrency, he wants more money in any form and if something looks like an opportunity he'll sell cryptocurrency and buy a domain, or a housing complex, whatever. What you may see as a manipulation to other people is playing the market. If you had a lot of money you'd be doing the same.
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Hydrogen
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May 11, 2018, 11:12:12 PM |
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This is the best explanation I've seen for our recent decline in btc price. Cryptos Crash After Nvidia Forecasts Big Drop In Mining DemandAround 1pmET, the entire space tumbled almost instantly as large blocks went through in Bitcoin, with chatter suggesting the MtGox custodian was unloading once again. Prices quickly stabilized once that selling pressure abated. However, shortly after the US market closed at 4pmET, Nvidia announced its results, posting quarterly sales that topped expectations. However, NVDA shares fell as the company revealed for the first time that a bigger-than-anticipated portion of the demand for its powerful graphics processors came from the volatile cryptocurrency market. And then the company said that while it generated $289 million in sales to cryptocurrency miners in the first quarter, Chief Financial Officer Colette Kress said that the company expects cryptocurrency-related revenue to fall 65% to about $100 million in the next quarter. And that sparked a second leg of selling pressure across the crypto-space... Sending Bitcoin back below $9000... https://www.zerohedge.com/news/2018-05-10/cryptos-crash-after-nvidia-forecasts-big-drop-mining-demand Nvidia's forecast of a massive reduction in mining demand could be misinterpreted here. We know samsumg, nvidia and others announced plans to enter the dedicated ASIC markets via building their own dedicated chips. It is possible that increased production of ASICs and the increased market competition that comes with it is partly responsible. Rather than a straight reduction in demand, it could be a ramp up in competition and production which forecasts a more widely split market for mining hardware. Uncertain on whether MtGox's custodian is dumping btc. That could be yet another explanation.
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bhabygrim
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May 11, 2018, 11:18:46 PM |
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Well maybe they are really manipulating the market, Maybe they are the reason of the dip and then the people would sell their coin off then they would buy back to get a profit from it.
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mace15
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May 11, 2018, 11:32:21 PM |
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Well maybe they are really manipulating the market, Maybe they are the reason of the dip and then the people would sell their coin off then they would buy back to get a profit from it.
I think whales does exists that halts to make the price increase. Their is a probability it happen always that manipulate the market. Yes this is I can observe the market the price drops for them to buy at a lower price.
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vhiancs
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May 11, 2018, 11:40:23 PM |
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I think it is yes, whales are manipulating the price of bitcoin for their own sake, they make a way to lower the value price of bitcoin currency, they are spreading false news so that the price of bitcoin falls so they can buy at low prices and fill their pockets to make way for the bitcoin price to rise in that way they will gain a huge profits.
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loreykyutt05
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May 11, 2018, 11:51:46 PM |
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I think yes those people who has lot of coins can manipulate the market but only to some extent they cant manipulate the market everyday , If they dump or buy absolutely it has an impact but it will not last long since admit it or not there will be a correction
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cahbagus555
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May 12, 2018, 12:32:10 AM |
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Hi guys , Do you think the whales are manipulating the markets ?? Has any one noticed that the current bull run that has been on for the last few weeks comes to a halt every time it reaches the 10 k mark and slides down . My theory is that whales sell at 10k and then create fud so market slides down only to buy back and pump . What do you think ?
It could be happen whales manipulating bitcoin price. Bitcoin price can be manipulated as we the manipulator have big amount of bitcoin. But I think bitcoin price can not break $10k because recently mt gox selling their bitcoin on trustee in large amount
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maculeth
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May 12, 2018, 01:06:10 AM |
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in fact such thoughts are often a matter of debate. how they change the market price by selling all their bitcoins and making the bitcoin fall. then they buy it again when the price falls to pump the price, then sell again. but for the truth, we don't know.
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Lorence.xD
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May 12, 2018, 01:47:42 AM |
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For every market, there are hidden 'market movers' that control the pricing and market flow at their own will. Bitcoin is no exception, given that exchanges aren't highly regulated and you can create as many accounts as you like provided that you pass the verification on the exchange. These whales are responsible for several market movements that happen 'all of a sudden' such as sudden rise or huge fake crashes. They are around and lingering, and also controlling the markets with their stringed toys.
In the trading market investment, their is always a shadow investor were they don't want to be exposed for so many reason, it may consider the issues on security of investor, and a lot more. Exposure of whales in the trading market world would result to either favorable for the posted ICO or even bad news to some competitor at the end it may result possible reaction on the market trading on crypto currency. We always see the profile presented as the officers of the said project yet we don't really have the idea who's the really investor behind.
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