Toukexx99
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October 05, 2018, 10:17:31 PM |
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I think that has the biggest investment that can control the market. I know this is a simple thought that is not based on real data data, but logically it is true right? excemple that a traditional market will not run without a capital owner. maybe also big miners who can control the market or we can actually control the market. this is part of my opinion if I am wrong please tell me.
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HarmonyA
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October 06, 2018, 12:11:34 AM Last edit: October 14, 2018, 11:44:49 PM by HarmonyA |
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The market is controlled by all players in the cryptocurrency market which include the coins owners, the investors, the exchanges among others. If we say that the market is 100% centralized, then there would be no regulations
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dowellness
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October 06, 2018, 06:10:36 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.
Decentralized is one thing but whales control the market cap because they have a lot of money to first buy the coins and then dump those on the ordinary people.
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Agniya
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October 06, 2018, 06:31:55 AM |
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Control the processes in the market, those who own large capital. They can influence the behavior of other market participants. In this way, indirect control takes place.
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Usafstar
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October 06, 2018, 06:53:37 AM |
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Bitcoin is not a small thing to control by a single or few people it is a strong system which is expanded in the world and no one can control it but they can do their shares in the market and bitcoin market is controlling naturally by market forces and big whales also manipulating the market but some bad news also affect the whole market.
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maculeth
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October 06, 2018, 07:21:01 AM |
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whales who have a lot of balance in their wallets, they are able to control the market. let's say there is not only one whales, but many whales have a lot of balance too. when they all sell, the price will drop, because the demands on bitcoin can be said to decrease. and when they all buy again, the price will be fast at the pump, because the demands on bitcoin increase.
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therwtonn
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October 06, 2018, 09:31:18 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.
We control the market.The crypto whales might manipulate us to panic sell or to buy,but we control the market.By the way,the crypto market has nothing to do with the "centralized vs. decentralized" debate. I really like when newbies post pointless questions and answer their pointless questions in the same post. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yeah we know that there are some powerful people who control crypto market. They change the directions of the market according to their well. These people billions of dollars in the previous years due to high price at the end, but suddenly we saw huge dip in the price because they sold all their holding. The price suddenly dropped and they bought once again.
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Assface16678
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October 06, 2018, 09:38:19 AM |
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I think cryptocurrencies are free, nobody can control the price of the market, the cryptocurrency market is everyone's free market.
Probably it is. But here's the thing. If there are more people or investors that are into cryptocurrency, the price of it will rise. The market value will go up and it is a good thing. That is why the market is somewhat controlled by people who are using it. There is a possibility that they are the one in charge of it.
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sublime5447
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October 07, 2018, 06:55:04 PM |
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I think, the control is not just in the hands of one whale, there may be several whale groups that greatly affect the rising or falling of the price. Where we just follow what the whales want to take profits more than all of us and the whales want to be even richer, therefore the whales greatly influence the market control but not everything.
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Yamifoud
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October 07, 2018, 10:01:45 PM |
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whales who have a lot of balance in their wallets, they are able to control the market. let's say there is not only one whales, but many whales have a lot of balance too. when they all sell, the price will drop, because the demands on bitcoin can be said to decrease. and when they all buy again, the price will be fast at the pump, because the demands on bitcoin increase.
We knew that we are in decentralized market and with that, there is nothing have taking control into these. Market whales are just VIP investors and they could probably make some changes in the market trend but it doesn't mean that they are controlling these.
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princesspoppy
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October 07, 2018, 11:20:18 PM |
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No one controls the market other than us, the users. We control the market. Our everyday transactions makes up the prices of every coins and tokens in the market. No other third party controls it, not even VIP investors or those who we call whales.
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spongegar
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October 08, 2018, 03:01:49 AM |
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It is decentralized so in essence no one entity controls it. That is the basis and ideal of crypto currency operating in an ideal world. I think the control is to the people who actually owns the coins and holds it. Do lon as there are many floating unsold coins or coins that are just basically sleeping then you will see substantial movement from it price wise.
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yugyug
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October 08, 2018, 03:30:41 AM |
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Worst comes to worst when the market continues to fall, there are some individual to who control the market and let's say for example for proof-of-work consensus like bitcoin mining. The one who control the market are those miners who share a huge amount of mining pool like in China where the majority of the pool owns by bitmain and during the bear market they can dictate the price as long as they can have enough profit. Let's say the cost to mine 1 bitcoin is 3000 USD in China they can still dictate the price for as low as 5000 to 6000 USD as long as it is still profitable.
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jjohnathn
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October 08, 2018, 09:48:11 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.
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. Controlling the market is depends. For example if you hear the false news about decreasing price or something bad against bitcoin you'll care about your money and invest what would you do ? .You'll sell you coins which call panic.
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Ad Baculum
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October 08, 2018, 03:00:08 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 there are a few people who are controlling and managing the market such as the big whales etc. The market can be manipulated by many people if they know how the market works.
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Keyboard PC
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October 08, 2018, 05:06:36 PM |
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which controls the cryptocurrency price at this exchange place is purely from the trader's demand and total supply, but from some cases traders are often affected by bad news or some good news in some international media that makes this trader determine price movements and can control the price in the place of exchange.
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yoseph
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October 08, 2018, 05:15:34 PM |
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which controls the cryptocurrency price at this exchange place is purely from the trader's demand and total supply, but from some cases traders are often affected by bad news or some good news in some international media that makes this trader determine price movements and can control the price in the place of exchange.
It's always the investors who control the outcome of the cryptocurrency market but there are some factors which determines the value of the market at the end of the day. These includeare news and speculations whether they are true or not.
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Koobtcgal
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October 08, 2018, 07:38:53 PM |
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Crypto is decentralized as said by many whitepapers but the decentralized level of cryptocurrency still needs some kind of polish because there are only a few that hold much of the top cryptocurrencies and even the bottom cryptos. That makes it centralized in a sense that they control the price and when they decide to sell, the coin becomes a shit coin.
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Rune
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October 08, 2018, 08:22:17 PM |
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People with the largest amounts of crypto and the exchange owners have a lot of control ( and the Tether printers )
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escalante28
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October 08, 2018, 08:28:06 PM |
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We all know that most of the cryptocurrency is decentralized but the price movement of it can be control by those big whales. They can change it by doing some activities like hiring someone to spread fud or if they're holding more than 1% of the total supply the can do dump and pump to make profit easily. But anyway most of us don't care about it because all we want is to make a profit.
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