GreatArkansas
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Merit: 1397
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September 05, 2018, 12:39:53 AM |
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If you have many funds available ,you can control the market, for example, there are many big businesses that will collide together and will make cartel, they will accumulate Bitcoins or other coins on every dip, they can control the market, also the media, spreading FUD to buy more on the dips.
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setialovers
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Activity: 812
Merit: 11
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September 05, 2018, 12:45:03 AM |
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
I think no one can control market. With daily transaction more than 10billion dollar, its hard to control crypto market. Beside that, market price always determined by demand and supply.
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trimulia
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September 05, 2018, 01:11:26 AM |
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Sometimes I also think this kind of question, who control the market? In my mind the most persons probably has a bitcoin or dollar so that he can control everything
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pokang13
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September 05, 2018, 01:26:47 AM |
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The ones who control the crypto markets are the team that develops the crypto,the public contributors, the miners, the exchangers, and the payment network.
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Kasliono
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September 05, 2018, 01:36:59 AM |
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so i'm asking how and who controls the price. If there is anyone who might be running it?
In my view, even the market is decentralized, it actually could be controlled by someone or company, the only way which could make it happen by having much money. It means that the market could be controlled when they have much money to buy bitcoin as much as they can and draw the chart.
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MidKnight
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September 05, 2018, 02:58:00 AM |
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
There might be but the only who are controlled totally is the media and not us. It's easy for the media to release anything and it reaches everyone of us so the FUDs affect us much more than good news because they are more focused on negativity around.
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nakarp
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September 05, 2018, 03:07:35 AM |
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i thought compny and people controls and it no of coin and it supply.
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laiya94
Copper Member
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September 05, 2018, 03:17:10 AM |
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theoretically, it can't be controlled by anyone but unfortunately, there are some large coin holders called 'whales' and they can place large buy and sell orders to take off the market control.
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binhvo1505
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https://streamies.io/
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September 05, 2018, 03:19:03 AM |
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
I think that is the billionaire. They have a lot of money to manipulate the price of the market. So if you have a good relationship with the rich, you will also become richer.
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Caladonian
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September 05, 2018, 03:35:24 AM |
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
I think that is the billionaire. They have a lot of money to manipulate the price of the market. So if you have a good relationship with the rich, you will also become richer. If you know and understand how the whales move, then you are lucky to follow and ride with them. Billionaires are possibly beyond this as they get good numbers of capital investment to start with and play around. And aside from that, they also know the ups and downs of trading because they have reliable sources.
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aileenc
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September 05, 2018, 03:56:39 AM |
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I think people and market control the price. The price will go up when the supply goes up.
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iMark
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September 05, 2018, 04:12:51 AM |
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theoretically, it can't be controlled by anyone but unfortunately, there are some large coin holders called 'whales' and they can place large buy and sell orders to take off the market control.
yeah basically prices are influenced by all users, but people who have greater capital have a greater influence on the market, and many people say that whales has that power, he has a large capital so that the influence is big on the market, but that doesn't mean they control the market
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Josiah Dave Leonor
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September 05, 2018, 04:50:06 AM |
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The crypto market is free market. It never gets price and sometimes it's called price.Whales control the price of bitcoin. Those who have more than 1000 000 coins.if a community has only coin dominance on bitcoin then they can move the market and can be a monopoly
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hawkins
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September 05, 2018, 05:20:44 AM |
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theoretically, it can't be controlled by anyone but unfortunately, there are some large coin holders called 'whales' and they can place large buy and sell orders to take off the market control.
yeah basically prices are influenced by all users, but people who have greater capital have a greater influence on the market, and many people say that whales has that power, he has a large capital so that the influence is big on the market, but that doesn't mean they control the market I think people who have the most assets are people who can move the market. well, you know, when someone buys a large amount of bitcoin, of course that will make the price of bitcoin high. especially when they sell it, they can make the price go down.
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Yantoaja
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September 05, 2018, 05:43:38 AM |
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i think who control market is a people, investor, a company, and someone use a crypto for a transaction and investment
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cryptogideon19
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September 05, 2018, 07:58:07 AM |
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The big whale controls all. I think in my own opinion there's a big BANK or BIG Group of people controlling the PRice of everything. If they want to pump one coins they will pump it and if they want to dump one coins They will do it. That's my opinion
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richman3451
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September 05, 2018, 08:09:19 AM |
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In the world of the crypto market, the same laws apply as in the stock currency markets. just now, large corporations and their owners control the crypt in order to buy coins as much as possible by scaring people with rumors and this entails mass sales of bitcoin
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yakust
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September 05, 2018, 08:24:58 AM |
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Technically there should be no single person responsible for the price. It is a market after all.
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chandra12
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September 05, 2018, 09:41:04 AM |
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I think, curbing the particular crypto industry could be the local community in which conducts purchases. Due to the fact, all things considered, the town takes on a significant function inside the crypto industry. Which is my opinion?
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Assface16678
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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September 05, 2018, 09:55:25 AM |
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Peoples, market control the price. Supply and demand, more peoples to buy, the price will going up and vice versa.
This is true. It is the market of cryto. It is the investors, the people. It is a decision of everyone. That is why during market panic the market of cryptocurrency goes down because of people. It is all people that is involved to it. Practically peopl.who gets benifit to bitcoin or crypto.
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