People giving up, this is getting dangerous

[BogdanGFTP]

Today's situation was not unpredictable. It is expected behavior of fast-growing project. And I do not think that whales can impact on that natural process.

[bbcolex]

Balls of Steel remains, newbie and weak hands should go away. I know it's hard for us to be played by this so called whales, but we can't blame them instead of mining they can earn more bitcoin via manipulating the price to go the price further lower. I just hope bitcoin soon stabilize though I know it's kinda impossible.

[dogtana]

You must look at mainstream media, not bitcointalk sentiment. They are enjoying the fall of Bitcoin and in comments people are screaming I tooold you sooo, ridiculing investors and investors are silenced and shamed . Crypto needs to be saved before it is too late. Many got burned badly and those won't come back ever. Something needs to be done.

[madtea]

The destructive nature of crypto. When people own crypto they praise their coins to heaven, when they sold "we're going to $2000", "BTC is dead", "dump incoming!". When people say this, it's generally an excellent time to buy. It means most people with weak hands sold and are desperately trying to prevent a new rally out of FOMO.

[Coltpython]

I wouldn't panic too much yet because of the coin price. BTC is still quite high in value when you look at it compared to this time last year. If it starts going below $1k usd then it is time to really panic

[AlphaGoo]

I wouldn't panic too much yet because of the coin price. BTC is still quite high in value when you look at it compared to this time last year. If it starts going below $1k usd then it is time to really panic

If Bitcoin's market price is less than $1,000, that means all miners will go bankrupt. Bitcoin at this price is already close to the death line. I don't think we can see Bitcoins below $1,000, so you say this The situation will not happen.

[aoebtc01]

Be greedy when people are scared. Whales are doing their job well. They are buying altcoin at a cheap price to wait until a suitable time when pumping altcoin they will sell out and will earn a huge profit. Whale knows what they have to do !!

[Victorycoin]

Just like traditional market, Whales and Bots are part of the games just accept that and it will be always that way. If you are smart, you can make money when market is falling or rising.

It is a free economy after all and even whales are looking to make profits, which no one can deny them. At any rate, the whales are not so much a threat to the price of Bitcoin, as is the ignorance and too much expectations of many traders. Whales in every market are able to manipulate the market because of the added advantage of the huge stake they hold, which also predisposes them to greater risks but the juicy part is that there's free entry. To every discerning trader, whales create opportunities for profit making, when you ride behind and not in front of them.

 

[romanjose1402]

Actually there's a lot of factors that make the market drop like it's been doing lately but, the best thing would be to wait patiently until great investors come again, so the altcoins and btc could grow again.

[cryptosyss]

Whales have already got everything they wanted, and now they are waiting for the crypto-currency market to recover again. I think people just do not give up on cryptocurrency, they will fight to the last.

[Aleister Crowley]

Do not just talk to me because I'm not so sure of what you're saying,, I do not see with so many people breaking away and losing only in this market struggle., so do not try to convince someone,. rather that people want to wait for a price the cheaper is not to be lost forever,,, try not to spread the panic and it turns out that people are smarter in making good decisions...
it is inevitable that whales will always be there at all times,. be smart to devise the best strategy to follow every advantage the pope gets.,.

[Jobbernowl]

Oh, easy, guy.
I think that there are no whales on this forum. But if they are, then they can be counted on the fingers of two hands. Assuming that someone from them peeks into this thread and reads your message, he will not answer.
It's just like my boss. He doesn't discuss his decisions, he doesn't listen to anyone. I understand your emotions. But I'm afraid it does not make sense.

[avonka]

During last hype many new investors entered the market who do not understand how the market works and panicking and leaving. Whales has nothing to do  with this situation, as nobody is forcing anybody to sell. It is good for the market if investors educate themselves about the blockchain technology and market. It is a self-cleaning on the Crypto market - weak hands and non-patient  leaving.

[blockman]

I think that the whales only partly affect the fall of the cryptocurrency market

No they aren't partly affecting the fall of cryptocurrencies. They are even said to be one of the biggest influencer for the market but also they have something to do with pumps as well.

as quite strongly the market is influenced by scammers and countries that in no way bind themselves with cryptocurrencies.

Scammers are rarely reported to medias but most of the time hacks are popular than it. When there are hack incidents and reports, the market is reacting quickly.

The inaction of such countries has led to an increasing number of fraudsters who can steal other people's funds with impunity, and not only in small amounts.

Crypto's are decentralized so we can't blame these countries too, they have their own way of implementing sanctions to scammers/fraudsters/robbers/stealers IRL.

[nobetci]

I don't think this situation has a permanent effect on the new investments in cryptocurrencies. The current market is giving fear to new investors, but I think it is a high possibility that many investors will invest in again the cryptocurrencies after the beginning of the first strong rising.

[StevenPop]

The thing is that once the whales can get the prices to fall a bit then the ordinary investors tend to do the rest of the work for them by panicking and leaving cryptocurrencies which is not a good thing for the market. The more people leave, the further down that the prices of the coins fall to which is bad

[seven2smoke1]

The market is constantly falling, the abandonment of the market of many investors led to the market decline and sharp decline of the altcoin. I think everyone should be comfortable and do not worry, hold the altcoin until the end of the year, the price will rise again.

A lot of us still believe in the crypto market that will rebound by the end of this year, It should rebound and grow. In the last few months, we didn't see any good increases of prices, we can say that the last months are too bad for crypto and for the market in general, but I believe that by the end of this year everything will be okay for crypto, we will see a high increase of price like the last year 2017, We all remember that the last year, bitcoin are increased too much in the last months.

[EdwardClinton]

I do not think that this will be happened. Bitcoin is the most popular and the reliable coin in the market of crypto currency. The market of crypto currency is very much volatile. Nothing is sure here so such event is possible. Here the price depends on the market not on the bots.I believe that investors are more intelligent now than the previous.

[Raizou]

I do not think that this will be happened. Bitcoin is the most popular and the reliable coin in the market of crypto currency. The market of crypto currency is very much volatile. Nothing is sure here so such event is possible. Here the price depends on the market not on the bots.I believe that investors are more intelligent now than the previous.

I fully agree with the level of rising investors, formerly the level is amateur much more than the current days. So we can not believe in the desistance of the investors and also put the market blame in the whales or in the institutions but we should only play the game. In technical terms, we can compare the previous years to conclude whether really stamped on the low market or just is a great correction. Recalling that the price of Bitcoin was $ 2500 in the same period of the year 2017.

[zamani12]

this issue should be an issue of great concern because no matter how bad it is we cannot allow the market to fall, then again we have to do everything within our powers to ensure peoples participation in the business. creating more awareness will also go a long way.