cintamoni
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October 05, 2018, 07:51:27 AM |
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No one controls the market because it is decentralized. But big money can drive the market. These are real manipulators.
Of course whales control the market. They use big money to pump and dump the coins in their own benefit.
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Muzika
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October 05, 2018, 07:56:08 AM |
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Those big whales has the huge control over the market because here in our community the more coins you have the more you can manipulate and make the market move to any directions.
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magnat7691
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October 05, 2018, 07:58:49 AM |
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When you lose money in the market, it is nice to think that someone controls it. In fact, we are the blacksmiths of our own happiness.
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Pamadar
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October 05, 2018, 08:02:29 AM |
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Bitcoin and crypto market is now very vast market and not in one country but many other countries are also focus on this and those who are not using crypto now they are controlling the whole market and those who ave large quantity of bitcoin they have influence on the market.
Which is common, whoever holds the large quantity are the one who can manipulate and influence the market, we can't tell each individuals or group who's behind this market, the only thing is we can monitor and try to study deeper in order to be more safe from our investment, knowing how things works can let us follow the flow and make our entry more smoothly.
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Lexurdania
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October 05, 2018, 09:22:36 AM |
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Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
Different with forex market, i think cryptocurrency market will depending on supply and demand. Forex market controlled by central banks but bitcoin is decentralized system and no one institution can control the supply
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guoyu78
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October 05, 2018, 10:17:41 AM |
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Most of the people don't care if a currency is decentralized or not and don't what it means too. They are just interested to make profits, no matter how. They jump on the new flower of the month, invest some cash and sit down until the flower blooms. How it works, or what it is exactly doesn't matter to them
Oh, no. Most people care about it, that's the reason why there are some new coins created and created, but in reality everyone knows that everything good (in this situation - decentralyzed coin, it's good) gets abused because people are very greedy or can't just shut up. On another hand, I agree you. Nope, the majority doesn't give a damn or is too stupid to really comprehend the notion, otherwise, you would not see Ripple or EOS being a top coin or ICO waves one after the other. The average "investor" doesn't have a clue what all those really mean, they only care about how much people are talking about it and how much $ the "dev team" is lying promising in returns. Be serious, look at the average poster here on bitcointalk... [ANN][ICO]HoweyCoins: the only BitcoinTalk-endorsed ICO - GUARANTEED PROFIT I cannot but agree more with what you have said. The truth here is that people tend to look at the surface, and they are just like a light paper being blown around like wind and what most people care about today is how they want to make huge profit in a very short term and then really do not understand what is important to know in the space before even getting in and that is why like you said, you really will see people asking if they should be investing in XRP or ETH? As long as the market is highly speculative, people still do not see the main reason why they should be investing in terms of usage in the long run, they just won't get it.
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Barbut
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October 05, 2018, 10:46:24 AM |
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Most of the people don't care if a currency is decentralized or not and don't what it means too. They are just interested to make profits, no matter how. They jump on the new flower of the month, invest some cash and sit down until the flower blooms. How it works, or what it is exactly doesn't matter to them
Oh, no. Most people care about it, that's the reason why there are some new coins created and created, but in reality everyone knows that everything good (in this situation - decentralyzed coin, it's good) gets abused because people are very greedy or can't just shut up. On another hand, I agree you. Nope, the majority doesn't give a damn or is too stupid to really comprehend the notion, otherwise, you would not see Ripple or EOS being a top coin or ICO waves one after the other. The average "investor" doesn't have a clue what all those really mean, they only care about how much people are talking about it and how much $ the "dev team" is lying promising in returns. Be serious, look at the average poster here on bitcointalk... [ANN][ICO]HoweyCoins: the only BitcoinTalk-endorsed ICO - GUARANTEED PROFIT I cannot but agree more with what you have said. The truth here is that people tend to look at the surface, and they are just like a light paper being blown around like wind and what most people care about today is how they want to make huge profit in a very short term and then really do not understand what is important to know in the space before even getting in and that is why like you said, you really will see people asking if they should be investing in XRP or ETH? As long as the market is highly speculative, people still do not see the main reason why they should be investing in terms of usage in the long run, they just won't get it. Market is highly speculated cause of all of us who are speculating. Fair answer on question who controls the market is all of us, the ones who have more money have a bit more control than others, especially if they created a groups and they trade together, their trades can move a market a lot. Who controls the media can control people who looks at surface, there are a lot of this people and thats we have panic selling or even panic buying, usually in wrong time and usually this people lose money. Fair answer is that each of us have some affect on market, no matter how small it is, we are all involved.
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Kusnechik
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October 05, 2018, 11:18:42 AM |
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The market is controlled by fat rich men who do not allow making profit by thin skinny young men. Let's just try and all succeed.
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Dimon8
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October 05, 2018, 12:12:41 PM |
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According to statistics, about 90% of bitcoins and other top coins are kept by whales. And I think that they have a very strong influence on the market.
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PlusOne88
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“Tackling Climate Change Using Blockchain”
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October 05, 2018, 12:19:31 PM |
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Most of the people don't care if a currency is decentralized or not and don't what it means too. They are just interested to make profits, no matter how. They jump on the new flower of the month, invest some cash and sit down until the flower blooms. How it works, or what it is exactly doesn't matter to them
This is true, I would certainly agree with you on this. Most don't have to consider much whether centralized or not. What matters is what colors the coins green. If there is any chance of hitting bull run with any coin, they would certainly jump on it given that such coin would be easy to trade and would be easily available or can be converted into any coin or most especially to fiat. Money is most of the time the main reason why they would invest and therefore how it can be done and where might just be a little consideration for as long as the investors are certain that they are not in for a scam.
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meanwords
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October 05, 2018, 12:35:15 PM |
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We as a community controls the market. It was our fault for what had become of Bitcoin and we should be responsible for it. I agree with you that most of the community members are just here for the money. They only care about a particular market as long as they are making money out of it. This is getting out of hand sometimes.
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Lpim01
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October 05, 2018, 01:57:55 PM |
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We as a community controls the market. It was our fault for what had become of Bitcoin and we should be responsible for it. I agree with you that most of the community members are just here for the money. They only care about a particular market as long as they are making money out of it. This is getting out of hand sometimes.
It is sad to hear that mate but it maybe because we are surrounded by greedy people and they only after for money without realizing what will happen next. Crypto isn't for life time investment and we shall take the opportunity before it gone.
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sinkfish
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October 05, 2018, 02:12:28 PM |
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someone or organisation might have some power over some portion of the market but not all. no one is having more power compare others, it is quite a fair game.
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ace1105
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October 05, 2018, 02:47:36 PM |
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someone or organisation might have some power over some portion of the market but not all. no one is having more power compare others, it is quite a fair game.
I do not agree about it, whales have a greater portion of it and they are manipulating the market. They are the ones who is doing the price manipulations and I think it will never stop.
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Cassy14
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October 05, 2018, 02:53:25 PM |
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People and their demand controls the market, if there are few demands the price will fall due to some weak holders. Market can also be control by whales who hold a lot of tokens. If they want to get more numbers they will just put sell orders in huge amount. and set a buy orders in lower price.
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Igebotz
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October 05, 2018, 03:02:45 PM |
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i think no one can control the market of cryptocurrency. why? its not just like a shopping mall and put barcode on each one and say ohhh this is 100 US dollars and this is 1 US dollars for me this just like a gambling the roll of dace you can win and you can lose to.and most of as are just guessing what is worth and it not. their are many debate and we are just guessing .its like a fake news ohh don`t try the cryptocurrency it is scam. for me is not its just gambling
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pat4cryptoreal
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October 05, 2018, 03:14:51 PM |
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We define democracy as government of the people, for the people and by the people. If I want to apply this ideology to cryptocurrency market, the cryptocurrency market is control by people and for the people.
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surfer43
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"Trading Platform of The Future!"
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October 05, 2018, 03:29:57 PM |
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Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
I think that there is no such centalised body who have the control over the bitcoins or the cryptocurrency as you mentioned. Going back to op, i think that it is us who control the price for bitcoins with the demand and supply going on. The high demand for bitcoins will affect in the rise for bitcoins and vice-versa low demand will affect in the price drop.
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Jocuserious
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October 05, 2018, 03:53:08 PM |
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Actually seller and buyer people getting control the Market and have Exchanger also,now we have understood lot of bad Exchanger have in crypto market.this Exchange site do it added many normal coin and scam coin.it give us big distrub with our trader people.so market do it control people and they are buy and sales.
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tasrep
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October 05, 2018, 06:17:33 PM |
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the party that determines the price depends on the type of market that occurs. Broadly speaking, there are several types of markets, if the market is monopoly where the seller is only one while there are many buyers.
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Crypto-Court Universal Cryptocurrency Platform https://cryptocourt.online/
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