Are whales hunting for stop triggers right now

[nomadinabox]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

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[damberg]

I assume that the original reason for the recent dump was withdrawal of some Silk Road coins (see more here for example). Unfortunately, there is still a lot of coins in Silk Road addresses waiting to be converted ..

[Thanasis]

I assume that the original reason for the recent dump was withdrawal of some Silk Road coins (see more here for example). Unfortunately, there is still a lot of coins in Silk Road addresses waiting to be converted ..

I read that someone sold 10K bitcoins yesterday which made the dump in the crypto market but don't know which is the real one but the market has fallen now so we need to wait for the prices to bump since it is just the whales action so if they found make any reaction then they will bump it again.

[apityeh71]

Whales controled the market and they make big impact to the crypto market,  they should be push the price up to multiple times so they and others trader will make more profit . They should be make good thing for better crypto ecosystem.

[Tytanowy Janusz]

Hunting for stoploses and overlaveraged long positions. Corection was very agressive. With these power it will be easy to break 6k support and triger deeper move.

[charlotte04]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

They are obviously trying to shake off some of the small and weak traders to get off the market before they want to pump it out and those small and weak traders will eventually get back when things starts to go up.

[Mytoken]

I think that all recent market trends have a close relationship with whales, they may create panic, so they can buy more coins at a lower price!

[Slow death]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

If this is true, it just disbelieves the crypto market, but it's not too surprising because we have pump and dump groups, which only harms us a lot. But that will have some end in a few years' time as governments begin to regulate the exchanges.

Whales controled the market and they make big impact to the crypto market,  they should be push the price up to multiple times so they and others trader will make more profit . They should be make good thing for better crypto ecosystem.

if anyone could prove it, it would be very good to stop it

With these power it will be easy to break 6k support and triger deeper move.

This " break 6k support " It's what scares me.

[hoavantathan]

I assume that the original reason for the recent dump was withdrawal of some Silk Road coins (see more here for example). Unfortunately, there is still a lot of coins in Silk Road addresses waiting to be converted ..

I read that someone sold 10K bitcoins yesterday which made the dump in the crypto market but don't know which is the real one but the market has fallen now so we need to wait for the prices to bump since it is just the whales action so if they found make any reaction then they will bump it again.

yeah i heard too. But i don't know about the truth of news. We can check on coinmarketcap but i need more info. Our wallets are not safe. Hacker hack my friend's wallet yesterday. But my friend send all important coins to his main wallet. Hacker only steal small coins.

[Thanasis]

I assume that the original reason for the recent dump was withdrawal of some Silk Road coins (see more here for example). Unfortunately, there is still a lot of coins in Silk Road addresses waiting to be converted ..

I read that someone sold 10K bitcoins yesterday which made the dump in the crypto market but don't know which is the real one but the market has fallen now so we need to wait for the prices to bump since it is just the whales action so if they found make any reaction then they will bump it again.

yeah i heard too. But i don't know about the truth of news. We can check on coinmarketcap but i need more info. Our wallets are not safe. Hacker hack my friend's wallet yesterday. But my friend send all important coins to his main wallet. Hacker only steal small coins.

If you are using a wallet which has the private keys access then you can keep you wallets safe from the hackers,if you are altcoin holder keep the coins in a hardware wallet or at least in MEW with metamask and keep the private keys in an offline device and never ever share the private keys to anyone.

[Siren]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

Care to share those fake news?I don’t see one that enough to drop the prices this days

But about the manipulations this is normal happenings for this almost whole year

So nothing to take serious if you know how to bare with the flow

Actually this drops favors me as i have bought another coins again because of cheaper value

[DOLONCHAPA]

Whales controled the market and they make big impact to the crypto market,  they should be push the price up to multiple times so they and others trader will make more profit . They should be make good thing for better crypto ecosystem.

[beerlover]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

From the looks of the sudden price drops of 500ish dollars and the increase at the same level I think that could potentially be true or it could be miners trying to keep the price above what it costs them to mine.

I don't know which one it is but if it is the whales that are hunting for the stop triggers than it means we will not see a big bull run for a long time because even at September these dudes are still trying to collect as many as they can from the lower prices and not focusing on making the market bigger.

I am not a smart financial savy dude but can't they see they can't just let bitcoin die this way ? They need the bull as much as we need it.

[Malandro]

It’s a supply unloading

As traders you should not be speculating about what the intention behind the movement is.

What they should do is observe the facts and follow them.

I gave a market order of 1000 dollars and I dropped the price by more than 300 dollars on Bittrex. It is clear to me that the demand is fragile at the moment, first by the inconsistency of orders and size of the lots in the books and tapes in several brokerages, graphically we see a consistent but decreasing volume just before the crash.

the market is fragile relying solely on speculation on ETFs.

At the level of existence, it seems to me that bitcoi got mesmerized with the financial market and forgot his purpose.

we need a shakeout

and we will have one

[Koadharber]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

When we do talk about whales then there would always be a possibility on such manipulation specially when we saw large spikes and sudden dumped down on bitcoins price.When we do try to look up
on certain news it can really take some effect either just a cover up on such manipulation for it not to be obvious.Well on that case it isn't really surprising that these things do really possibly happens anytime.

[Blackpanther399]

Anything can happen in this market. Their are a lot of manipulation and this isn't good for the market and this makes cryptocurrency market still a baby market compared to forex. Basically, this looks like what the whales did in order to get prices down so they can buy

[cryptoalfs76]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

definetly ,i thinks everythings happen according to the will,and not what the the big whales manipulated, to create a pump in the market and dumped with a fake news,because sometimes i believe thats this big player in crypto investment are only legend or might,because the only who created this story are those the pillars in this crypto investment,they poison our mind,thats theres something influencial people thats can play a big role in crypto worlds and these are the wheels.

[Nahl]

I don't know if whales manipulate the price movement or not but indeed fake news has been stopped the last pump even bitcoin price seem stuck again at $7000 below because people are starting to panic yesterday and we already see it several times in this year when people thought the price pumped but suddently the price dropped again and repeatable

[xvacator]

It looks like the whales pumped up the market earlier last week then dumped with a fake news

I don't know if this is true or not because I cannot analyze if the whales are on the market or not. it is hard to say that the whales pumped up the market but I think if we check on the market, it makes sense why the price for many coins is jumped to the higher price. but I wonder that how many the whales that enter the market and pumped the price.

[naidray]

I read that someone sold 10K bitcoins yesterday which made the dump in the crypto market but don't know which is the real one but the market has fallen now so we need to wait for the prices to bump since it is just the whales action so if they found make any reaction then they will bump it again.

If someone is selling as much as that and the market took a huge dump, then I do not see the reason why we should be complaining or whining about it. It is a normal thing for anyone to sell in a market, and for what it is, this is an unregulated market and a very new one and immature one for that market which is growing and developing by the day. This shows that the level of demand is still lower than the level of supply and we just have to deal with it and stop blaming any whale for what the market is like.

It looks like the whales pumped up the market earlier last week then dumped with a fake news

It is normal to always see things like this once in a while and that is what makes a market what it is anyway. Sure, we cannot deny the fact that the market may be manipulated, but as it is, it is part of the game and you just simply have to know the way you are always going to play it right, so you do not end up screwing things up for yourself. I feel sometimes we just try to look for an excuse for why the market acts the way it is, but the truth is that, no one knows.