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Author Topic: BTC Whales are playing a dangerous game  (Read 592 times)
Dudeperfect
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June 23, 2018, 04:48:28 AM
 #81

Yes, I agree that big whales and institutional investors are biggest influences as of now when it comes to the crypto market but they are able to manipulate the market because there is a lack of awareness among the investors. Most of the investors take a decision based on the current situation instead of relying on their own research and strategies so that results in the market which is expected by the big whales to execute the strategies and earn a massive amount of profit from it.
Nerman
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June 23, 2018, 04:52:04 AM
 #82

I honestly think this not created by whales, This has been an issue in all markets. People are thinking that once it drops dramatically they will say that it is being manipulated but can not provide a single piece of evidence.

I think this is a result of FUD. another country joining the bandwagon of banning crypto currency.
Aroma92
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June 23, 2018, 05:17:26 AM
 #83

The market is falling because someone sells large amounts of crypto-currency. And not only BTC, but also altcoins. In this case, I think that these are large traders - whales, although the rest of the crowd may be on any news.

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InziderX
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June 23, 2018, 05:20:51 AM
 #84

When ALL hope will be broken in the mass about crypto and when wall street will have most of the volume in hands - one go with the other think about it, then crypto will go back up. My take. 5.5k, 3.5k is a real possibility.
aladlanie04
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June 23, 2018, 06:13:25 AM
 #85

btc whales  trying to make panic the sellers to make sell the btc  so cheap for whales  so whales enter in dip mode  start accumulating more btc  the panic sellers will buy again btc when price is rise high , in the end who sell cheap btc to whales will lost the money but the whales will enjoy the profit because of they bought the btc so cheap earlier . its good that our btc is not eaten by whale for accumulation phase like bearish ,once bull run start we can enjoy the profits of btc .
drachman
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June 24, 2018, 05:05:12 AM
 #86

In my opinion, these whales might have something to do with the price manipulation of bitcoin causing the market to go bear market. SEC should make a move to control this manipulation that affects the btc market in general and they should be held liable for what have they done. In the event where SEC could mininmize such manipulation, definitely btc market will recover soon in the coming months. My thoughts.
And what of you think it is going to happen if we found out the SEC put some whales in jail? Do you think the market of bitcoin is going to recover? Because to me that will crash the market, besides the SEC is acting as if there were not bigger whales in the stock and bond markets doing the same thing and manipulating the prices to their advantage.
im_not_dazzled
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June 24, 2018, 05:23:28 AM
 #87

Being a whale or playing with whale always is a dangerous game because it will damage your assets if you're in a bad situation.
But it's a double edge knife so that means you could earn very well with that, so it's not a bad move to playing with them.
AjithBtc
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June 24, 2018, 05:28:41 AM
 #88

We don't know the true reality of the price variations taking place with time. From my experience, price manipulations were done by the whales. None has the right information for the price being going down. Let's wait with patience holding for a growth as the price increase will get ignited at the shortest.

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