Anusanka Kaushitha
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July 03, 2018, 01:35:36 AM |
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may be,but no body have proof how they control market.we already know if we have big market share, we can put some impact on market. that is reality.in crypto world same as they do.
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roadwell890
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Activity: 490
Merit: 11
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July 03, 2018, 01:43:17 AM |
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yes, whales do exist and not in the sea
they control the price by doing BTC dump and pump
only communities within their circles get updates on the latest and upcoming news, and they only benefit the community
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vv181
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Activity: 1932
Merit: 1273
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July 03, 2018, 01:58:35 AM |
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Whales do not completely control the market since Bitcoin prices based on supply and demand. Whales only able to manipulate the price as they wish, and you can clearly see how they work when almost combined organized whales doing its job.
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MedicineVNT
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July 03, 2018, 02:33:26 AM |
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There are rumors that whales are playing a role in the bitcoin market and that they are moving in the same direction as the bitcoin prices, but I'm learning more about this
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win365
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Activity: 176
Merit: 10
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July 03, 2018, 07:48:38 AM |
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I have heard that whales activities are shaking this market hardly, and the prices are highly depending but also I believe if we would be sensitive for that, we can still earn here.
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LodisMcguire
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July 03, 2018, 07:52:20 AM |
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If you find some unnatural changes in the chart,it's likely a doing of whales.They have a ton of money to spend that can manipulate the market,so it's not really a myth.If some whales coordinated,the price can go wherever they want.
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Tetew50
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July 03, 2018, 07:56:20 AM |
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I think it is a myth, it is clear that bitcoin prices are influenced by buying and selling activities in the market, there is not a party that really set bitcoin prices. This myth is only made to frighten the bitcoin users only.
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darkangelosme
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July 03, 2018, 08:03:11 AM |
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Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
In my view i think whales in crypto really exists or much better to call them big trader/investors in crypto. They can easily manipulate the market with their huge funds they can pump the coins they will choose including Bitcoin, and when the times that small traders goes in and if the whale thinks it is already profitable for him he can easily dump his huge holdings and it will have a big effect on market and for small traders. |
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allthebitandbobs
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July 03, 2018, 08:10:39 AM |
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Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
Does a bear shit in the woods  .Really guy all u have to do is watch the markets for a few days and it manipulated as hell |
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traderethereum
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July 03, 2018, 11:44:50 AM |
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Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
I don't think that the whales are always controlling by the bitcoin market although they really can do this. maybe on some of the days, they are an increase or decrease the price but I think they don't want to do this in every day. besides that, the bitcoin market really depends on supply and demand so we can see that the price sometimes moving so fast and in the other time will moves slowly like today. |
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BitBite5
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July 03, 2018, 11:59:34 AM |
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It's more a myth than real situation.
Maybe they have some level of control over market but definetely not so big as people like to think. Just because they have huge amount of bitcoins that deosn't mean they have the power and possibilities to control everything. The influence of whales is exaggarated.
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Shinpako09
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Activity: 1988
Merit: 1015
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July 03, 2018, 11:59:54 AM |
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They have no control but they can manipulate the price if they want. Although there is no evidence that whales are really manipulating some or most of the pump and dump, I believe whales do exist and they are the one who did it.
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LinAliza
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July 03, 2018, 12:09:34 PM |
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Yes whales manipulate the market if you have alot of coins when you sell all of that in one go the price goes down. And if you buy a much bigger volume with the lowest price prices goes down that simple. They are called whales because just like whales in the ocean they are massive.
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Akpuv
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Activity: 322
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July 03, 2018, 12:15:38 PM |
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I think in my opinion, they somehow do considering the large share of the market they hold. It means they have the ability to partially swing the prices.
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raidarksword
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July 03, 2018, 12:18:00 PM |
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Part of it i guess because whales are rich people that can afford large part a crypto tokens then maybe they can actually manipulate but no hard evidence for that even exchange platform had been accused for manipulations.
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allthingsluxury
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July 03, 2018, 12:18:36 PM |
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Its hard to argue that they don't control a massive part of it. Fully though? I don't think so.
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FOuRTuNEHunTeR
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July 03, 2018, 12:24:10 PM |
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Trading is similar to gambling. If you have lots of money in your pocket then it will be easy for you to divide your holdings to manipulate the price in the market. It is all about mind reading and cheating the buy and sell indicator on a trading platform is very easy for those whales to control. If you are a trader, you know what I mean.
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chidrawarster
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July 03, 2018, 12:32:21 PM |
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I think yes as most of the buyers or sellers or volume is determined from the big whales itself. U can see the bearish market is sue to big players have withdrawn their profits and moved away from the market. Now the stuck up people are retail investors and also some long term investors. Hence I would say its all volume game and also rite time to buy or sell as per the need and demand. Let's hope good for the future .
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gasparyu
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July 03, 2018, 12:43:21 PM |
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for sure, they have tons of coins and money. a sudden fall or rise of the price may be caused by these whales
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tonyja2017
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July 03, 2018, 12:50:53 PM |
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Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
Whales really have control of the market and it is not a false news. The stock market has plenty of whales to manipulate the market but is often caught by the SEC. In the Crypto market, we are not protected and the manipulation still takes place. We need to change the way we operate this market. |
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