Do whales really control the market, or is that a myth

[jeffer8035]

clear if there are whales in the bitcoin and also in all the rooms that goes with the market, the one that buys first is the one that has more opportunity to be a whale and they are gigantic wallets that when they move the market it feels like a lot and there is also sharks could say that it is a sea of opportunities but so are the crypto and also the stock markets in the world the stock exchanges are like this also like many companies and also egemonic governments that launch their currencies to the international markets and therefore they have a certain domain and like there are bots that also move prices

[rexxarofmoknathal]

I'm into crypto for almost a year. Not too long, of course, but it's enough to understand that there are some "higher forces" behind the crypto market. I haven't decided yet whether it's good or not. First of all I'd like to know what the goal of these players is) but it's highly possible we will never know it))

I'm sure there are large scale investors of Bitcoin and when they do buy or sell their coins the exchange will be felt in the market at the same time though, I'm not sure the whales control the market as even for them that would be risky.

[millionaireshs]

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?

Really? Do still think that these whales are still a myth? If we just analyze the record of price or in just thinking logically, we would get that this was really possible and is still happening til today. Actually, they can really manipulate the price and also with the help of the panic that may arise because of the dump. This was a great recipe that they are using since before so don't ever think that this was just a myth.

[killat]

Whales exist and they are real. People with a lot of money manipulate the market and that is not a secret.

However, whales exist on every market (stocks, gold etc), not only on Crypto, and that's their role, to manipulate markets and get high profits.

If you trust Crypto projects you should not be influenced by whales, just keep investing in good projects and you will be rewarded.

[Betheng10]

Consider this as a theory.

If whales bought 10 bitcoin and decided to sell it at half of the price when it's bought just to avoid further loss, do you think it could affect the price market? yes it will. A lot of availability in the market means that BTC is less in demand.

If users would be more patient and hodl their crypto, the prices might raise up as availability in the market is limited.

So, do whale predict or determine the market price? No. but they could greatly influence it.

[honey7]

As such noone can control the market. What they do is create rumours that results in panic selling.

[Jackolantern]

I don't think that i should control the market daily but sure that I want to be aware of what happens there as i want to succeed. if not following trends you won't be able to succeed as a trader

[phieudieu]

According to our personal judgment, the whitewashed market is the ones who use a lot of bitcoin and the trading floors work together to make market prices and our job is to find a way to follow them to make a profit. profit. 

[deppil]

I'm into crypto for almost a year. Not too long, of course, but it's enough to understand that there are some "higher forces" behind the crypto market. I haven't decided yet whether it's good or not. First of all I'd like to know what the goal of these players is) but it's highly possible we will never know it))

I'm sure there are large scale investors of Bitcoin and when they do buy or sell their coins the exchange will be felt in the market at the same time though, I'm not sure the whales control the market as even for them that would be risky.

I think if whales have almost half of the total supply of bitcoin it is very possible they can control the market. but seeing the total bitcoin users reach tens of millions of users. I think it will be difficult for whales to control the bitcoin market. unless he controls the altcoin market

[axemelada]

The manipulative increase in the value of the cryptocurrency is an artificial impact on its rate. The goal of the manipulators is to buy cryptocurrencies at the lowest possible price and sell them at the highest possible price. The difference between ordinary speculators and manipulators is that the former predict the price of an asset, while the latter set it themselves.

[angelakrasnova]

the whole world in principle is controlled by people with large wallets! on this course the crypto market is no exception! Large wallets can greatly affect the supply and demand! thereby lower or increase the price of bitcoin! when the whole world will use crypto coins and there will be a very big capitalization, it will be very difficult for these people to manipulate the crypto market!

[South Park]

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?

The whales are big enough to manipulate the market but I think their power is exaggerated, yes they are powerful but many of the movements are caused by speculators and not the whales, after all most whales are long term holders and many of them are not moving their coins or doing anything with them in fact we could say they are helping bitcoin by keeping the supply of coins in the market low.

[pebakova]

I believe that there are a lot of people who control the market and at the moment they throw people off it so keep the guys )

[fipper]

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?

maybe it's just a myth in my opinion no one can control the price or value of the future crypto currency if there is only a prediction to believe it I think something is not necessary

[www_blockchain]

Yes! very large players in the sale and purchase do not create weak market fluctuations, which can not play into their hands. The price of cryptocurrencies depends only on demand, hence the conclusion-the big ones manipulate their operations.

[KS03]

I believe in whales however I think they are more of the government/banker types vs single wealthy individuals.  The governments of the world want crypto and it appears they are trying to control it now.  I believe this dip we are experiencing is due to their manipulation.  I believe the pump was as well. 

[ProstoCrypta]

Yes, manipulated. The processes are similar to what we see in stock trading. Insights, tips-the inevitable evil (and for someone good).

[kendra1107]

Nobody has full control of the market. But it can be manipulated. Whales have the capability of manipulating the market because of their huge holdings or their ability to buy tons of currencies. When these whales buy, a significant price increase usually happens. Same thing when they sell, a price drop will occur. This is a strategy these "market experts" have been doing for so long now that it seems they are actually controlling the market. This only shows that whales do have a great impact in the sea of cryptocurrencies.

[bangkecol]

Actually what is said as a pope is an investor who has a large amount in bitcoin, if in forex this is said to be a banker. Where when there are investors who have large amounts will greatly affect the movement of the market and that has become the reality that happened, in the life of trading.

[Dana-pasar]

if in my opinion, the price of bitcoin falls because there are several possibilities, bro
1. there is a large whale playing on bitcoin so they want to make a pr2. they deliberately tried to act out the price of the Bitcon. With the aim that the price of bitcoin will rise again as at the end of 2017 ..ofit by doing things that make bitcoin prices fall ..