BTC Whales and pump and dumps have destroyed this market

[jamesashmore1964]

topics like this are only created because price is going down (or has gone down). otherwise when price was rising nonstop last year and we had one of the biggest rises in the history of bitcoin (from $10k to $20k in 17 days) people like OP weren't complaining about how "whales are destroying the market". but now a 1% natural rise is a pump and dump!!!

Two pumps this weekend and market going up.
The Japanese will sell BTC Monday and ALTS will fall. Good luck bitch! This is a bear market. There is no confirmation otherwise!

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[denny27]

In addition BTC pairs are on the way out and will make BTC worthless.

Really? how can you make sure it will happen, I think it's still a small possibility, I think no one will make Btc being worthless.
Well this will not end easily just like it is, buddy., do you still think that in front there will be the things that can push it being more better

[jamesashmore1964]

In addition BTC pairs are on the way out and will make BTC worthless.

Really? how can you make sure it will happen, I think it's still a small possibility, I think no one will make Btc being worthless.
Well this will not end easily just like it is, buddy., do you still think that in front there will be the things that can push it being more better

Imagine a world where you join an exchange and change Fiat to USD Token, Yen Token etc and then buy an ALT: Game Over Bitcoin! It has already started and will accelerate!

The said tokens will not be volatile. Bitcoin will become a commodity: That is what it was defined as for the futures listings.

[iged_war]

topics like this are only created because price is going down (or has gone down). otherwise when price was rising nonstop last year and we had one of the biggest rises in the history of bitcoin (from $10k to $20k in 17 days) people like OP weren't complaining about how "whales are destroying the market". but now a 1% natural rise is a pump and dump!!!

Two pumps this weekend and market going up.
The Japanese will sell BTC Monday and ALTS will fall. Good luck bitch! This is a bear market. There is no confirmation otherwise!

what's the main reason for that.it's normal in every futures market, dump and pump.big player want to earn money as much as they can.so no worries about that.not only japan market partisipants.

[vintages]

Most investors see it as a way to make money. But we should understand that, cryptocurrency is more than the money we are getting out from it. When a new coin is out in the market most people are not caring about the problem the cryptocurrency is projected to solve, but they keep on asking when the coin will moon. They forget that, when a coin is being used for it  propose, it automatically moons.

[richardsNY]

When a new coin is out in the market most people are not caring about the problem the cryptocurrency is projected to solve, but they keep on asking when the coin will moon.

Well said. Currently we're dealing with an insane number of gamblers not knowing what they invest in -- they just think that because it's crypto related it has to go up one way or another. People keep calling this or that coin the Bitcoin or Ethereum killer, while they don't even know what that coin is doing. It's pathetic how wasted the 2017/2018 crypto generation is. It has become a trend where each next year stands for weaker minded crypto market entrants. The more of these average joes are finding their way to the crypto market, the more this market loses quality.

2010/2012 entrants are exceptional.
2013/2014 entrants are ok, but the infestation started here.
2015/2016 entrants are low of quality with little to no contribution, and the India & Co infestation spread itself even more.
2017/2018 entrants are the worst thus far.

[followmenot]

I really don't agree this opinion piece. We, as markets, created this situation altogether. We made bitcoin mainstream. Whales played their roles as well. Try to look at image with full history: 7000 dollar bitcoin isn't dead price.

[samcrypto]

I really don't agree this opinion piece. We, as markets, created this situation altogether. We made bitcoin mainstream. Whales played their roles as well. Try to look at image with full history: 7000 dollar bitcoin isn't dead price.

Btc is too good to be dead, and I think Whales are just doing their job to pump and dump the market but it doesn’t mean they ruin the whole system of bitcoin. Whales are also a trader so they just take this opportunity to make more money but in the long run the price will still soar high because of many people believes on bitcoin.

[tee-rex]

Someone just pumped BTC 100 USD
It is impossible for rational thinkers to make sense of this market: Whales and pump and dump entities have destroyed it.
In addition BTC pairs are on the way out and will make BTC worthless.

Are you a long term holder who is stuck with expensive bitcoins and who lost all hope of breaking even, ever? I understand your pains, but let's face the reality. 1 bitcoin is still worth over 7k dollars. How many coins do you know which would be as costly, fiat included? Pump and dump is what gives life and vigor to this market. If you can't cope with that, it is essentially your inability to live with or live up to that.

Also, any market may seem irrational, but it is likely just your rational that is not quite on par with the market's.

[okala]

Pump and dump and the whales are the reason why we do make money from this market and without they activities we could have been standing still in term of pricing.  The whales are the mover and seckers of the market and without them no market has been successful in the history of humanity.

[imstillthebest]

Pump and dump and the whales are the reason why we do make money from this market and without they activities we could have been standing still in term of pricing.  The whales are the mover and seckers of the market and without them no market has been successful in the history of humanity.

They are also the reason why we loose sometimes because some of us dont have a choice but sell even if the market is down due to the reason that they badly need money .

 I knew it because i already experience it all the time. Whales are so selfish because they only think for themselves not for the sake of most bitcoin users.

same as pump and dump groups because these kind of groups are only intented to pump and dump a specific coin .

Crypto market shouldnt work this way because many inoscent people are being affected by their bad activities.

[tee-rex]

I knew it because i already experience it all the time. Whales are so selfish because they only think for themselves not for the sake of most bitcoin users.

Are you seriously thinking that anyone else here is less selfish? Whales are no more selfish than the rest of the pack, they just happen to be extremely wealthy. Even those who hold Bitcoin for long term with the hope of a new brave future do that because *they* want to become new money, new wealthy elite. They don't give a fuck about you personally, your well-being, or even Bitcoin itself as soon as it stops being instrumental in achieving their goals, whatever the latter might be.

"They call me new money, say I have no class, I'm from the bottom, I came up too fast".

[bitbunnny]

I knew it because i already experience it all the time. Whales are so selfish because they only think for themselves not for the sake of most bitcoin users.

Are seriously thinking that anyone else here is less selfish? Whales are no more selfish than the rest of the pack, they just happen to be extremely wealthy. Even those who hold Bitcoin for long term with the hope of a new brave future do that because *they* want to become new money, new wealthy elite. They don't give a fuck about you personally, your well-being, or even Bitcoin itself as soon as it stops being instrumental in achieving their goals, whatever the latter might be.

"They call me new money, say I have no class, I'm from the bottom, I came up too fast".

Exactly, everyone here is selfish and takes care of its own interests. You wouldn't act any different if you were in the wales position. But the world generaly is functioning that way not only crypto world.
You can't blaim wales for the fact that are realy wealthy and you are not. And you can't blaim them for destroying the market, they are not the only elements there.

[bozo333]

Someone just pumped BTC 100 USD
It is impossible for rational thinkers to make sense of this market: Whales and pump and dump entities have destroyed it.
In addition BTC pairs are on the way out and will make BTC worthless.

Bitcoin growth is depends on demand and supply so someone is major role in Bitcoin dump and pump. It is normal hype in Crypto market so whales are not involved in current scenario. If you think Bitcoin is not a worthy platform you just quit our participation because many believers are waiting in outside.

[Denker]

Someone just pumped BTC 100 USD
It is impossible for rational thinkers to make sense of this market: Whales and pump and dump entities have destroyed it.
In addition BTC pairs are on the way out and will make BTC worthless.

Come on man!
You're posting so much nonsense at the moment.
The whole crypto market is so small and whales are pumping and dumping the coins since years!
And what happened to Bitcoin's price over the last couple of years? It went up! If you don't know how to play this game, then stay out! Or just buy and hold a few years!
And the last sentence, Bitcoin becoming worthless, is either pure frustration cause you aren't making any bucks, or just wishful thinking for whatever other reason.

[hynext]

The whales are giving bitcoin life that I expecting pump and dump. In fact, before entering on bitcoin world's, you need to research the priced chart how bitcoin has volatility. Think positive always, bitcoin have the risks capability but if you are a holder maybe you can gain more profit.

[Aveatrex]

Someone just pumped BTC 100 USD
It is impossible for rational thinkers to make sense of this market: Whales and pump and dump entities have destroyed it.
In addition BTC pairs are on the way out and will make BTC worthless.

I agree with you on a certain level,we see alot of pump and dumps done on bitcoin pairs altcoin and this can really destroy the market.However this won't last long,pump and dumps are only effective when the volume is low,when cryptocurrency market get bigger these pump and dumps won't happen anymore as they won't affect the price.You can't compare cryptocurrency to fiat money,as fiat money volume is really huge that the price is not volatile.

[orions.belt19]

I knew it because i already experience it all the time. Whales are so selfish because they only think for themselves not for the sake of most bitcoin users.

Are seriously thinking that anyone else here is less selfish? Whales are no more selfish than the rest of the pack, they just happen to be extremely wealthy. Even those who hold Bitcoin for long term with the hope of a new brave future do that because *they* want to become new money, new wealthy elite. They don't give a fuck about you personally, your well-being, or even Bitcoin itself as soon as it stops being instrumental in achieving their goals, whatever the latter might be.

"They call me new money, say I have no class, I'm from the bottom, I came up too fast".

Exactly, everyone here is selfish and takes care of its own interests. You wouldn't act any different if you were in the wales position. But the world generaly is functioning that way not only crypto world.
You can't blaim wales for the fact that are realy wealthy and you are not. And you can't blaim them for destroying the market, they are not the only elements there.

Unfortunately, some people’s selfishness affect others. While their actions enrich themselves, it makes it unfair to others. But it’s true that we can’t blame the whales because almost everyone have their own selfish motives. In fact, a majority of the users here joined for the bounties and in a way their actions also affect the other users. The world is like that and it’s filled with selfishness.

[tee-rex]

I knew it because i already experience it all the time. Whales are so selfish because they only think for themselves not for the sake of most bitcoin users.

Are seriously thinking that anyone else here is less selfish? Whales are no more selfish than the rest of the pack, they just happen to be extremely wealthy. Even those who hold Bitcoin for long term with the hope of a new brave future do that because *they* want to become new money, new wealthy elite. They don't give a fuck about you personally, your well-being, or even Bitcoin itself as soon as it stops being instrumental in achieving their goals, whatever the latter might be.

"They call me new money, say I have no class, I'm from the bottom, I came up too fast".

Exactly, everyone here is selfish and takes care of its own interests. You wouldn't act any different if you were in the wales position. But the world generaly is functioning that way not only crypto world.
You can't blaim wales for the fact that are realy wealthy and you are not. And you can't blaim them for destroying the market, they are not the only elements there.

Unfortunately, some people’s selfishness affect others. While their actions enrich themselves, it makes it unfair to others. But it’s true that we can’t blame the whales because almost everyone have their own selfish motives. In fact, a majority of the users here joined for the bounties and in a way their actions also affect the other users. The world is like that and it’s filled with selfishness.

How is it unfair? If Bitcoin is a zero-sum game (which it is), everyone's selfishness will affect everyone else. You can't have it both ways. It is either them taking money from or you taking money from them, as simple as it gets. Since they are the whales and you are not, that means it is them, not you who are earning profits. Indeed, you would think it unfair but this is how the world turns around.

Anyway, no one forces you to play this game.