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Author Topic: Do you think the whales are manipulating the markets  (Read 1638 times)
DumbLefty
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May 12, 2018, 05:36:45 PM
 #61

I'm sure the whales manipulate the market and take away a lot of bitcoins from inexperienced investors.

usekevin
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May 12, 2018, 05:48:22 PM
 #62

I'm sure the whales manipulate the market and take away a lot of bitcoins from inexperienced investors.

Some times,it will be the bitter truth.Because,if the whales sell the huge amount of bitcoin in one shot.Surely,it will affect the market.The people who are new to trading,will sell their bitcoin with the panic.If the huge reduction in the bitcoin price means,you have to HODL.

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May 12, 2018, 05:50:37 PM
 #63

You should know that money doesn't come from nowhere. If you did, then someone lost that money, you took it from someone. Don't think you'll always take it, not give it.
Cynooza
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May 12, 2018, 08:53:17 PM
 #64

I believe that's true to some extent. If you possess a substantial amount of some crypto you can indeed manipulate the market. However, it will most likely be only a temporary effect.
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May 12, 2018, 09:28:32 PM
 #65

that's the reality, why before the world cup starts Bitcoin and Altcoin prices down because Whales will do "Pump" at the World Cup is running or ended...because based on the news I read, Russia opened itself to receive cryptocurrency as payment in some public services when the World Cup was held.

meanwords
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May 13, 2018, 12:59:23 AM
 #66

I personally think that there are some giant investors or what we call "Whales" are partly manipulating the market. Cryptocurrency market is highly volatile and could be manipulated with large sum of capitals. Whales have the man power, money, and influences to use for the manipulation of a market. Whales are a friend of medias which is why I stop listening to some fakes news around the internet because I know that those medias are always bias. Whales also are in a group that helps each other. So I think there's no doubt that they are manipulating or moving the market sometimes.
cryptomoon1003
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May 13, 2018, 01:06:05 AM
 #67

Whales don't always buy coins the traditional way through exchanges they can use Over the Counter Trading or Dark pools. This way they can buy vast amounts of a coin (if available) without it being noticed by the public eye. If you are a potential Whale you don't want the general public to notice your very large buy order all at one time. This would send signals to others that its getting ready to be manipulated. The great whale of 2014 caused an event where a massive liquidation of bitcoin where sold at 300 dollars a piece. Which was a supply of 30,000 bitcoins totaling 9 million dollars. People assumed this was going to crash the entire crypto market at the time, but to many people's surprise the buyers ripped right through the sell orders and the coin rose to $375 dollars.

I found an interesting article here:
https://steemit.com/cryptocurrency/@endpoint/crypto-whales-and-how-they-manipulate-the-price
danielberryfy
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May 13, 2018, 01:10:17 AM
 #68

if you bought into a quality coin and believe in its community and tech, don't let weak hands deter you from staying in the game.
EuronPower
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May 13, 2018, 01:35:09 AM
 #69

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 ?



That has a lot of logic. We must remember that as well as the great discoveries, this market was born from an idea, once materialized and successful, the big businessmen have had to adapt and surely they are the big whales that can make the market rise and get off when they want.

Now, what do we do with this system?

IAGON — WE REVOLUTIONIZE THE CLOUD
pallang
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May 13, 2018, 02:37:15 PM
 #70

I think yes since the beginning because they have the money so they can manipulate the markets they
can buy Bitcoin as many as they want because they have the money.


Nicol3
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May 13, 2018, 02:54:57 PM
 #71

Yes I think the whales are manipulating the market because they have the money to manipulate the market and they get something out of it too. But I do hope they won’t manipulate when these cryptocurrencies would then be legalized in the future.

isidrorex
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May 13, 2018, 03:15:29 PM
 #72

Yes, I do really believe that these "whales" have the power to manipulate and play the market. The moment that you realize that they became "whales" in the cryto world just means that they are a big part of the price in the market. They can just make a certain market pump or dumb in anytime they want. I believe that they manipulate the market price for their own good and for their own profit and as ordinary traders, we just can't do nothing about these ruling whales in this cruel crypto world.
sheenshane
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May 13, 2018, 03:28:14 PM
 #73

Yes, I do really believe that these "whales" have the power to manipulate and play the market. The moment that you realize that they became "whales" in the cryto world just means that they are a big part of the price in the market. They can just make a certain market pump or dumb in anytime they want. I believe that they manipulate the market price for their own good and for their own profit and as ordinary traders, we just can't do nothing about these ruling whales in this cruel crypto world.
Actually, that was also in my mind that they have the power to play the market and manipulate cryptocurrency because they have a lot a money to do on this. That's the reason richer is most get rich because they have a lot of money in they playing of cryptocurrency, they also know when it is dump so they can buy as what they want to earn a profit on this.

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Noelbetty12
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May 13, 2018, 05:10:50 PM
 #74

For me I don't really think they have a lot to do with it. Though the possibility of whales affecting the cryptocurrency market is possible but it is also a risk on their part to lose their investments. Not unless if they will all group together to completely dominate the rise and fall of the market for digital coins.

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SPQR_Legionnaire
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May 13, 2018, 05:12:13 PM
 #75

There's a saying. "In the Wall Street, the bear makes money, the bull makes money, and the pigs get slaughtered." Well, you only lose money if you panic sell below your purchase price and exit. This might sound like a conspiracy story, but it's true that even those in the highest cadre in politics are trying every dirty trick in the books in order to gain from the volatility of cryptos. Remember that time when South Koreans were investigated for insider trading? Yep. So don't feed the whales. If you believe in crypto, which I'm sure you do, otherwise why the fuck would you be here, then hold. Cryptos have always had these "crashes" and every time it managed to climb past its previous ATH. Not by 10 % or 20 %,but 100% and 200%. Get some discipline nd train your stomach till it becomes as though as a Nokia phone.
MilfordGannon
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May 13, 2018, 05:13:29 PM
 #76

I also noticed the same thing actually. I think whales are responsible for this. When the price is low, they buy a huge amount that other people hardly get chance to buy. This actually helps in lowering the price. The fuds are also responsible for the price drop.
Stephen1989
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May 13, 2018, 05:20:39 PM
 #77

I can't imagine those 'whales' do have nothing better to do than manipulating the market 24/7.
There may be coordinated pumps or dump (which can be achieved with a relatively small amount of money in this market), but not every price movement is because of whales.
Shitty news, FUD, trust does play a big role too. I
hermanjones18
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May 13, 2018, 05:20:57 PM
 #78

From my perspective i think whales always wants to manipulating the market. Whales always wants to control the crypto market. When the price increase they manipulate the market and decrease the coin price.
pheonyx
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May 13, 2018, 05:28:01 PM
 #79

While i think that there is a high probability of whales manipulating the market, because (1) they have the power to do so and (2) it makes them even richer, i don't think each small pump or dump is related to them.

I can't imagine those 'whales' do have nothing better to do than manipulating the market 24/7.
There may be coordinated pumps or dump (which can be achieved with a relatively small amount of money in this market), but not every price movement is because of whales.
Shitty news, FUD, trust does play a big role too.
What if the shitty news, fud, and trust are materials of the whales? Seems like this is part of the best way to control the market, isn't?
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May 13, 2018, 06:56:57 PM
 #80

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 ?
Yes, having a large capital can influence the market. You can create a pump and dump for your own purposes
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