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Author Topic: What the WHALE-CUMULATORS are saying if they want to buy more Bitcoins  (Read 212 times)
Supercrypt
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September 12, 2018, 01:16:49 PM
 #21

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).
I would not say the weak hands are totally out; I would only be ready to stick with that when we finally hit a stage that we consolidate for a while.

In between this process of the market being in a downtrend, I also want us to know that as the market is moving up which most of the time is instigated by the whales, they can drive it as much as they want to and still be making profit from it each time and then go all over again, so it is not a matter of one day thing.

Weak hands will always be in the market, every single day, so many people ask questions and show their level of frustration even on this forum, and I won't be surprised if we get to see another quick pump, they start having the feelings for moon and then the market goes down the more, they panic and they sell out at loss.

Every of this process is being utilized by the whales to keep gaining more and the major reason why only when this market moves out from the speculative zone, before we will get to see this reduce.

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September 12, 2018, 03:31:13 PM
 #22

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."

Cool
Grin Grin Grin A rinse and repeat process for them.
A way with this is simply by trying to see how much they can drive the market down for their own gains and the crazy thing about it is that, at every point they keep doing this, they keep making more money. That is how the speculative part of the market is really helping them to do whatever they have to do to keep directing the flock to where they please and in this case, they feed off the weak hands.

Weak hands will always be in the market, every single day, so many people ask questions and show their level of frustration even on this forum, and I won't be surprised if we get to see another quick pump, they start having the feelings for moon and then the market goes down the more, they panic and they sell out at loss.
You cannot ignore the fact of what most people's sentiment that alone will decide the direction of markets. When the weak hands grow rapidly in numbers and moreover when FUDs are well-packed to convince the firm believers of bitcoins, I am scared of these repeated processes Shocked.  


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timerland
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September 12, 2018, 11:58:15 PM
 #23

Regardless of whether or not these news are made up by whales, it is fairly accurate as to what the general reaction of the market is to news.

Sometimes these news aren't even relevant to the long term potential of bitcoin, or even the bitcoin network itself. What Goldman Sachs are offering here are literally just another bitcoin third party product. It's no different to the decision of the ETF, which pretty much no one cares about now.

Also, regardless of whether these negative news are intentionally put out, it does put irrational FUD within the market. We know that we're in a bear market, yet some traders in the market seems to panic at some completely irrelevant news? Accumulation over time is the best strategy in a bear market like this, not getting your emotions affected by negative media coverage and forgetting about the long term potential of BTC.

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September 13, 2018, 02:49:48 PM
 #24


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.

I think you're right, it's just a very precarious line to toe. If they push the price slightly too far they could topple the market and then their future FOMO campaign may not be effective.

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.

Makes sense. I guess also they can use leverage to make shorting even more profitable. Of course that's assuming that they're able to get leverage on such large amounts. I would be really interested to actually get an insight in to how their system works and just how well it works out for them. I hope that one day when it's all over some details about it might come out. Things such as how much money it takes to move the market by x amount and how much they could reasonably expect to profit from that.

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