What the WHALE-CUMULATORS are saying if they want to buy more Bitcoins

[Wind_FURY]

September 4, 2018

"Hey look at them sheep, they are holding firmly on their coins. Let's make some FUD news about Goldman Sachs or another ETF rejection."

After four days.

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

April 2, 2019

"Look at those plebs waiting for the capitulation, and hoping to buy Bitcoin with a very high discount. Let's buy on market price before them to cause a rally and make them feel the FOMO."

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1715154127

[Jating]

Probably there some truth. However, I believed that what's left is whales and more of speculators, weak hands have already moved out and exited long time ago, probably around the $10K mark. I think its a combination of manipulation from whales and bots and day traders that caused another dump follow the Goldman&Sachs FUD. From $6400-$7300, its already a huge money to make assuming that you have invested a minimum of 1 bitcoin during that time/price frame.

So its gonna be a rinse and repeat specially leading up to end of September with the SEC decisions looming. There's a possibility that FOMO will enter and the bull trap will be set up for them by the market manipulators specially if the Van/Eck Solid X get rejected (most likely).

[buwaytress]

I don't really buy the theory that the market is a marionette whose strings are pulled by the few fingers of the puppeteers...

But I actually do believe that the whale-cumulators are there, and prompting gently, casting out chum over the waters. It's all the little fish that bite that are triggering all the reactions. The news headlines, the Op-Eds from industry leaders (and dare I say, influencers?), the social media and forum sentiment... that self-fulfill the desired outcomes of these guys.

They can't control the market directly, they don't have the resources or coordination required. But they have influence, and since it's mainly sheep populating the space, it's pretty easy to prod and watch the dominos fall.

[el kaka22]

I do not think couple of whales came together to make a news about goldman sachs so they can make couple million dollars.

Look at the volume of the exchanges, there has not been a movement at the size of couple billion dollars, if there is a couple billion dollar movement in any direction it would have affect the price insanely all by itself anyway. Goldman sachs is one of the biggest investment banks in the whole world if not the biggest. If there is no couple billions involved and only changes are couple tens of millions of dollars, that profit from the FUD is not big enough to make it worthwhile for such a huge company.

[Idrisu]

September 4, 2018

"Hey look at them sheep, they are holding firmly on their coins. Let's make some FUD news about Goldman Sachs or another ETF rejection."

After four days.

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

Oh my God!  See this playing out and the most painful is that we would keep falling victim of this because of greed and inexperience.  The whales will forever makes money as far as we allowing them by believing in this FUD.

[LeGaulois]

To me, it's entertaining. I now like to see such situations, even if I am losing some money at a point. It's like a soap opera like "The Young and the Restless". The psychologists like to say, once together, people have the same mentality as a 5-year-old child.

At a time I liked to compare how big is the FUD and how the market reacts, but it's difficult if you want to make some stats because it's not easy to estimate how big is the FUD so I gave up. I just watch the fun.

[Bardman]

I don't really buy the theory that the market is a marionette whose strings are pulled by the few fingers of the puppeteers...

But I actually do believe that the whale-cumulators are there, and prompting gently, casting out chum over the waters. It's all the little fish that bite that are triggering all the reactions. The news headlines, the Op-Eds from industry leaders (and dare I say, influencers?), the social media and forum sentiment... that self-fulfill the desired outcomes of these guys.

They can't control the market directly, they don't have the resources or coordination required. But they have influence, and since it's mainly sheep populating the space, it's pretty easy to prod and watch the dominos fall.

Something did happen this time though, have you seen those shorts open on Bitfinex a few days before the dump? How can you have so many shorts opening and no movement at all in the market? Really weird stuff, looking more and more like someone doing it knowing a dump was coming, opening shorts and longs at the same time so he basically can't lose.

[cryptocrusher]

If these theories are correct then they should be seen as a positive for long term holders. These whalecumulators (like the name, good job) would not be going to such effort to get btc around the $6000 price range only to then sell it around $8000 when they let their stranglehold on the market go and allow things to go upwards. It would not be worthwhile. That means a lot of money is in for the longer term and a price significantly higher than where we are now.

[Bardman]

If these theories are correct then they should be seen as a positive for long term holders. These whalecumulators (like the name, good job) would not be going to such effort to get btc around the $6000 price range only to then sell it around $8000 when they let their stranglehold on the market go and allow things to go upwards. It would not be worthwhile. That means a lot of money is in for the longer term and a price significantly higher than where we are now.

In theory yes, in practice probably not so much. There are definitely whales out there accumulating bitcoins during these times but even if the theory is correct and it is good long term, most people will be gone by the time the next bull run happens (if it even happens) and you don't even know if it's actually true or not, at the end of the day whales can profit from shorting as well so they don't necessarily need the market to go up.

[jfelix]

Let hope will not do to bitcoin what they have done to gold many years of price suppression.
At least something is positive , that Bitcoin is considered similar to gold as a store of value.

[1Referee]

The Goldman Sachs "news" is nothing more than noob-bait. It had no effect on the market.

Why is it so difficult to understand that smart traders just sold another lower high peak? It was bound to happen and everyone here with common sense could have made some money on that decline simply by going short.

Another thing is that whales don't have to accumulate spot market Bitcoins nowadays. They accumulate profits on platforms as BitMex and Bitfinex by simply buying or selling into their own orders and have their longs or shorts cash in. There is little to no collateral damage due to the absent activity of get rick quick noobs and other lunatics that usually turn this market into a roller coaster.

[sheenshane]

Whales win if the weak holders easily doing the panic selling, probably the theory was right they just continue making a FUD news by goldman sachs to make market worst and accumulate profits from their investment when the market drop too much and coins are very cheap to buy. Probably this man making FUD news has a big income from the whales, and I believed that he continues doing this repeatedly.
Influencing weak people is a good strategy for whales because they did not directly manipulate bitcoin to control the price and hopefully let's not make this happen.

[exstasie]

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

I'd wait until we make a higher high and start trending upwards before assuming whales are accumulating.

Maybe whales aren't actually buying the dip here. Maybe this is just a weak local bounce before we test $6,000 and beyond again. The price structure is still a tight range that hasn't broken yet. It could break downwards.

Which would beg the question.......which dip?

[pooya87]

If these theories are correct then they should be seen as a positive for long term holders. These whalecumulators (like the name, good job) would not be going to such effort to get btc around the $6000 price range only to then sell it around $8000 when they let their stranglehold on the market go and allow things to go upwards. It would not be worthwhile. That means a lot of money is in for the longer term and a price significantly higher than where we are now.

In theory yes, in practice probably not so much. There are definitely whales out there accumulating bitcoins during these times but even if the theory is correct and it is good long term, most people will be gone by the time the next bull run happens (if it even happens) and you don't even know if it's actually true or not, at the end of the day whales can profit from shorting as well so they don't necessarily need the market to go up.

that's only true if you assume there will be no more adoption and those who have adopted bitcoin are going to give it up! which is obviously not true. at this point it is about accumulating while also making profit by repeating the same process within the same price channel as many times as possible.
other people aren't buying bitcoin at this point because everyone is mainly waiting for the ETF thing to be clarified before they make a new decision and it is partly due to greed of wanting to buy cheaper bitcoin when ETF is rejected and price possibly falls.

[buwaytress]

I don't really buy the theory that the market is a marionette whose strings are pulled by the few fingers of the puppeteers...

But I actually do believe that the whale-cumulators are there, and prompting gently, casting out chum over the waters. It's all the little fish that bite that are triggering all the reactions. The news headlines, the Op-Eds from industry leaders (and dare I say, influencers?), the social media and forum sentiment... that self-fulfill the desired outcomes of these guys.

They can't control the market directly, they don't have the resources or coordination required. But they have influence, and since it's mainly sheep populating the space, it's pretty easy to prod and watch the dominos fall.

Something did happen this time though, have you seen those shorts open on Bitfinex a few days before the dump? How can you have so many shorts opening and no movement at all in the market? Really weird stuff, looking more and more like someone doing it knowing a dump was coming, opening shorts and longs at the same time so he basically can't lose.

No I didn't, but it's pretty common anyway at least in the past 6 months. Every decent climb followed by big walls of shorts, simply because the pattern of rising before dropping is too tasty to resist, and so far, it's been working - just like in 2017 when drops were quickly followed by fresh long orders. It worked then too, just as shorting seems to be working now. And then when/if the pattern shifts, those who thought they would gamble will get caught out. Those who are careful will realise the tide has turned. Don't really feel it's that weird.

that's only true if you assume there will be no more adoption and those who have adopted bitcoin are going to give it up! which is obviously not true. at this point it is about accumulating while also making profit by repeating the same process within the same price channel as many times as possible.
other people aren't buying bitcoin at this point because everyone is mainly waiting for the ETF thing to be clarified before they make a new decision and it is partly due to greed of wanting to buy cheaper bitcoin when ETF is rejected and price possibly falls.

Yeah, and remember when price seemed to spiral out of control once it breached 4k? People were regretting not being able to get more. People like me were somewhat cursing that I didn't even have a full Bitcoin. So this situation fits both users and holders perfectly: time to accumulate, time to develop, consolidate, spend and build economies, without worrying that price is going out of hand.

I don't know about ETF either, but if that's far away in 2019 and if it effects price short term, it still impacts little on users and holders.

[Wind_FURY]

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

I'd wait until we make a higher high and start trending upwards before assuming whales are accumulating.

Maybe whales aren't actually buying the dip here. Maybe this is just a weak local bounce before we test $6,000 and beyond again. The price structure is still a tight range that hasn't broken yet. It could break downwards.

Which would beg the question.......which dip?

The WHALE-CUMMULATORS are very repugnant people. You should not say those things or they will stop the FUD after this dip, and start the FOMO campaign. They will make you believe that you are missing the biggest move of all moves that will make all your dreams come true.

They are here. They are reading this thread. Wave at them.

[cryptocrusher]

If these theories are correct then they should be seen as a positive for long term holders. These whalecumulators (like the name, good job) would not be going to such effort to get btc around the $6000 price range only to then sell it around $8000 when they let their stranglehold on the market go and allow things to go upwards. It would not be worthwhile. That means a lot of money is in for the longer term and a price significantly higher than where we are now.

In theory yes, in practice probably not so much. There are definitely whales out there accumulating bitcoins during these times but even if the theory is correct and it is good long term, most people will be gone by the time the next bull run happens (if it even happens) and you don't even know if it's actually true or not, at the end of the day whales can profit from shorting as well so they don't necessarily need the market to go up.

Very much agree. I don't agree with the supposed strategy that these whalecumulators are taking because of what you said. I think it's a dangerous game and it could force out potential people from the market and harm their investment in the long term. In terms of shorting. That would only work out if they didn't have a bunch of coins already. They could use their stacks to push down the price and profit from a short but I believe the profits would be largely outweighed by the losses in selling at low prices.

[jfelix]

September 4, 2018

"Hey look at them sheep, they are holding firmly on their coins. Let's make some FUD news about Goldman Sachs or another ETF rejection."

After four days.

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

They don't need to make any FUD just short bitcoin with some hundred millions of dollars on OTC in minutes and mission accomplished, then people will try to find the reason of the drop and Fud is created form the sheep themselves

[carlisle1]

September 4, 2018

"Hey look at them sheep, they are holding firmly on their coins. Let's make some FUD news about Goldman Sachs or another ETF rejection."

After four days.

"Job well done. Time to buy the dip! Plus schedule the next FUD for the sheep."

Oh my God!  See this playing out and the most painful is that we would keep falling victim of this because of greed and inexperience.  The whales will forever makes money as far as we allowing them by believing in this FUD.

That is how stupid these whales looks about us that were only a shit ,with just a fud and fake news affecting our outview.selling to cut losses mostly is additive to bring the value drops when the smokes started to comes out.i hate to say this but that we are being fooled and we cannot make good things out of this

[Wind_FURY]

If these theories are correct then they should be seen as a positive for long term holders. These whalecumulators (like the name, good job) would not be going to such effort to get btc around the $6000 price range only to then sell it around $8000 when they let their stranglehold on the market go and allow things to go upwards. It would not be worthwhile. That means a lot of money is in for the longer term and a price significantly higher than where we are now.

In theory yes, in practice probably not so much. There are definitely whales out there accumulating bitcoins during these times but even if the theory is correct and it is good long term, most people will be gone by the time the next bull run happens (if it even happens) and you don't even know if it's actually true or not, at the end of the day whales can profit from shorting as well so they don't necessarily need the market to go up.

Very much agree. I don't agree with the supposed strategy that these whalecumulators are taking because of what you said. I think it's a dangerous game and it could force out potential people from the market and harm their investment in the long term.

But no. The WHALE-CUMULATORS want all of you to sell your coins. They want to hold as much as they can and have as much coins to hold for themselves before they release their FOMO campaign.

In terms of shorting. That would only work out if they didn't have a bunch of coins already. They could use their stacks to push down the price and profit from a short but I believe the profits would be largely outweighed by the losses in selling at low prices.

They use the small part of their "stacks" to push the price down in the begnning, but the rest of it is done by us sheep who believe in the FUD.