Is it a Whale attack on market price of cryptos?

[robertcross07]

BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

[Easteregg69]

Nahh. It's the good old up/down that comes as a surprise again.

Price was 2.446,24 USD per bitcoin one year ago.
 
https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20170525&end=20180525

Whale attack.. Since when have whales attacked anything ?

[TheMeritedOne]

Nahh. It's the good old up/down that comes as a surprise again.

Price was 2.446,24 USD per bitcoin one year ago.
 
https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20170525&end=20180525

Thank you for the link.It is useful to check the historic data price.I find in internet that a whale has many coins. But how can they control the price in the market ? can you explain it a bit.

[Easteregg69]

Correction is the word.

Explain ? See it as a time machine. I spend one year in it. And comes back and tells you what to believe.

Someone got rich! Some of the ones that did not get rich got fucked over.. Probably well deserved.

[TooDumbForBitcoin]

Nahh. It's the good old up/down that comes as a surprise again.

Price was 2.446,24 USD per bitcoin one year ago.
 
https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20170525&end=20180525

Whale attack.. Since when have whales attacked anything ?

Don't you know the first rule? When you do not understand what to do\what was happen - try search a whales somewhere

[Easteregg69]

First rule ? "The greatest favor you can do mankind is to shut the fuck up"..

In danish. "Den største tjeneste du kan gøre menneskeheden er at holde din kæft". Could translate to. "The greatest favor you can do mankind is to brush your teeth." Just to add some meaning.

So if some nigger goes. "Am i my brothers keeper?" Answer is definitely no.

[thefaucetrunner]

If I had to give it a name, it would be "normal price action that happens everyday."

[jorgelugra]

I think that maybe there is some point in your thoughts about the whale attack. However, I don't think that this fall will be for long and will result in something really serious. In my opinion, it will not fluctuate much soon

[Easteregg69]

Monty Python-Juniper Bush Clip
https://www.youtube.com/watch?v=pCFBndlScBc

Shall be given what ?

[mrox2011]

This is a market ,so markets always go up & down. It's the nature of this. 

[Denker]

BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

Hard to say. Of course it could be the case that guys with lots of coins and money try to suppress the market, to accumulate as much as coins as possible.
For instance they could buy OTC some bigger batches, for a lower price if, and dump on exchanges while being short on spot and futures.
And every time they've reached their targeted price levels, they buy back in. There are a few more strategies they are probably using.
The market is so tiny, manipulating it when you have deep pockets is not that difficult.
I'm not saying that this is happening right now. I'm just saying it is possible and probably happened in the past.

[Mr.Dick]

I guess we can't really tell... Only speculating but I think if there was a massive attack, the price would be lower..

[Kprawn]

The first rule of Whale Club, is NEVER to talk about Whale Club!  

Whales do not attack, they just swim through the market {ocean} and throw their weight around. They eat all the small

fish {The small newbies, that panic at the smallest volatility in the price} ....and they create one hell of a ripple, when they

do that.    Never hate the whales, they are gentle giants.  

[joebrook]

This is a market ,so markets always go up & down. It's the nature of this. 

In this case I am sure that ththey market is being manipulated by the big whales in bitcoins. They are spreading FUD so that the faint hearted sell their bitcoins and then they get it a cheaper price.

[BitNaija]

If we have accepted that bitcoin price goes up and comes down, then there is no cause for alarm. It is part of the game. It is TBC they say always go up and don't come down, not BTC.

[jhongzjhong]

-snip-
Never hate the whales, they are gentle giants.  

Yes, you are right, if ever the whales are one of the reasons why bitcoin and altcoins are decreasing now, well, never hate them.

But I think I don't believe those whales that they are the reason for dumping cryptocurrency, it is a nature that has a fluctuation in the marketcap that's why there is up and down price movement. So, therefore what I mean is no one can control the price of bitcoin even big whale there is nothing to do.

[supermine]

BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

Maybe but who knows what is the exact reason.

It is better to buy some crypto currencies now hopefully the price will recover in the coming days.But I think this may not be the whales attack this is happening due to the short term holders who bought the currencies at $9500 or above when there is huge bump happened in few days now they are selling the cryptos to make money.

[Al-e_x]

yes, some people say, this is a whale game, because they are in control of bitcoin prices. then also another bad factor makes bitcoin difficult to move and difficult to rise.

I think something that can stop the market game so the whales cannot move is a public volume that supports Bitcoin.

some people also predict that the whales are deadlocked, so whales cannot move, unless they save more assets.

this correction makes people confused.

[monarchy]

Maybe Bitcoin Falls Due To More Bitcoin Usage In This Year So Bitcoin Falls But Maybe Bitcoin Will Also Rise In Next Year So Maybe It's The Right Time To Investate Back In bitcoin

[FuzzyBear]

I think the 51% attack on BTG has been the cause for the drop in price over last few days / week. $18 million estimated to be stolen from exchanges, these exchanges will need to pay bills cover losses etc and people will jump ship on hearing this or maybe wait on investing further.

Again though it standard market price swings as everyone else suggesting

Fuzzybear