Who controls the market?

[arnaudel98]

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.

It will effect on market. Where Good news like contributing for bitcoin by investing big can give green signals. So its all depends there's no way to control it.

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[vasilev456]

So far, the market is controlled only by whales, it seems to me, so decentralization has its advantages, but there are also disadvantages, but there are more advantages!

[Affilate User]

cryptocurrency prices in this market are usually affected by the very high total supply and demand for bitcoin but for now the market price can also be affected by bad news that makes these traders panic so that it will cause up and down movements in the existing prices in the market.

[bitcoinrays]

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.

I think the major controller of cryptocurrency is exchange because once you listed your ICO in exchange then you have no control on it. Many cryptos together make crypto market and I can say that crypto market is controlled by exchanges. On the other hand I can also say that big whales also control the market because they can change the prices of different coins.

[BitcoinCommodor]

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.

These individuals are the big investors that manipulate the market. I can say that when they want to sell their coins the price will go up and when they want to buy big quantity of cryptos, the prices will come down and they will buy on low price. These big investors are big problem for small investors because due to them small investors cannot make money.

[hastag_80]

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.

The big whales are the one who controlled in the market,because they can manipulize the market situation,either they going to pump or dump,therefore they are the big contributor  on block market situation,especially this bearish happen now in the market,i thinks they are the one who organize this kind of drowning situation.

[whiteblue]

I think that controlling the price condition in this market is from the panic traders, yes of course all price movements in this market are affected by the bad news and good news that can make traders panic, which in turn makes the market price move up and down the price.

[eann014]

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 we are the ones who also holds the market, all of us, we are controlling the market. Once we buy or we sell, the market will automatically move, we can see the ups and downs of the market, so if we buy more and more in that coin, then it will grow but if we sell a lot then the market will going downwards. I think this is how the market works.

[kakonhat]

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.

Yes, there is no single authority can control the whole market. It called decentralized market so no one can stop the market, actually necessary things never stop. We are the power of the whole market, all users the power of the market.

[tbterryboy]

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.

You can only control the crypto market if you are rich or maybe when you’re working in group. Those that controls the market are who we call the whales, they buy when it’s cheap and invest millions of dollars to make the price rise and when it rise they will also pull out their money to make the price fall again while they make profit. That’s why people say that cryptocurrency can be manipulated.

[KingdomHearts]

you already answered your topic, in addition to that, bitcoin or crypto market runs on p2p, the activity within the market is what makes it running, those buying and selling really dictates the current market price, no specific persons or entity administers the flow, volatility is a result of continuous selling and buying at same time, so basically, everyone in the market contributes in controlling the price, of  course there are some factors that affect the buying and selling behavior of the market.

Yeah, demand and supply are the two major things that will always keep driving a market either up or down depending on which one is stronger as the case may be. However, asides from that, whales are like the market makers in most scenarios and all they do is to take advantage of the emotions in the market as well based on how strong demand or supply is in any given case.

Nonetheless, in general, the market is controlled by each and every individual holding a certain amount of the cryptocurrency and either selling or buying as the case would be.

[darklus123]

Most of popular exchange are centralized and that's why they are trying to build up their own DEX for lesser issues regarding what the crypto community is discussing. Some of them are abusing their power to influence the market but to have total control of the market it has been said that the whales are doing it.

That is exactly the whole point, That is how things are currently working in this current situation. Hopefully soon smaller individuals will do the exchange so it will be more decentralized(yet this is far from possible because most of us are just looking for a much convenient ways).

The short answer would be the whales/pumpers/shills, but that would not be entirely true, because every person buying or selling any Crypto currency has a influence on the market.

We also cannot discount the influence of the many news media platforms that are being used to manipulate the price too, because they are one of the tools that are used by whales/pumpers/shills to control the markets.

Most of the larger exchanges are used as a benchmark/data source for the global price, so we should give them credit too. 

This is happening because we allow them to. If someone can explain the technical aspects of bitcoin much better then people can also understand it more than we do know. Ethical and money issues are also the main reason why they do it.

[ict]

there is no single person or country or group that controls the crypto coin trading market. Price movements are strongly influenced by the actions of sellers and buyers. so how we transact will affect crypto market conditions. Trading site service providers can only manage the site. and develop the site and its security so that site users can comfortably transact.

[Minusha]

Mainly the crypto market is a free market, but the whales or just some people with really big purses can influence the prices for sure.

[Twentyonepaylots]

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 don't think anyone actually controls the market. Cryptocurrency market is a free market for everyone.

Yes, it is a free market and that's why sometimes big whales can control the prices for a short time, not for the longer term. Since no institute is monitoring who is buying and selling so some big whales can do market manipulations for their benefits and small investors usually get trapped on in that manipulations. But in the end, markets will correct by itself and come back to the original price.

   As it was started the crypto market is Decentralized, no one is in control, yes, we've heard or even read on the news,on social media link that in some way whales are behind on the spike of crypto or ALT coin as posted in the market, but it was never proven, inside market is illegal. the most possible way of either by influencing the market on the volume of  investment thru the shift of investment from one coin to another but this is very Risky, often time traders do this in an open market trading.

[prtty2gal2]

I believed its the big whales and the real demand will follow. Like this bearish market in which is still in effect that once the big whales will trigger the market to  pump up the price then for sure that it will create spark to the people making the real demand to pump up too.

Obviously, the whales do have a lot of part to play when it comes to making the market move in their favor. I guess it is just a common thing I must say when you have to consider those who are holding a big piece of the market and then, the ability to drive it the way they want is something that would always be an easy thing to do most especially when the market is 100% speculative and is not driven by real demand but just some people wanting to get rich quick and then getting greedy. As long as that is applicable in most cases, the chances of seeing things like this happen is there until maybe we start seeing real life usage.

[Betwrong]

No body controls the market but us investors ourselves. I myself don't believe in the whale thing that people say that is controlling the market but it does kinda makes sense that they will do so just to bring down crypto currency and prolong the volatility of the market. All I'm saying is that we should keep the control with us the people.

That would be great but apparently there are facts we can't ignore. Here's how Bitcoin distribution looks like, as of today:



As you can see, almost 79% of all addresses(combined) are holding less then 1% of all coins. We can't say how many of those addresses belong to the whales, but it doesn't matter because even if none of them, all those people combined can't affect the market whatever they do. On the other hand, there are 0.01% of all addresses with over 1,000 BTC on each. Some of them belong to big exchanges, but not all of them. And those which don't, belong to the whales who can manipulate the market if they want to.

I personally believe that this situation will change in the future in favor of majority of holders, but surely it will take some time.

[ophyrim]

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.

The price and the actions are two different things. No one controls the circulation or transaction or actions etc... because it is decentralized but exchanges control the price of the cryptocurrencies. I mean sometimes they trade with big money to speculate or sometimes big player buy or sell their tokens or coins via exchanges. That's why Vitalik said " I definitely hope centralized exchanges go burn in hell"

[kifumi]

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.

Nowdays is actualy ruin my day when the Rich man became more rich cause they got everything to rule the economy. it was dramaticaly to posessed the turth behind environtment's. who knows in the future crypto will be? or u money bacome useless. and the sad thing is the people who trade BTC or etc dont know when they lost the money because the advertisment market.

[Maiscoinyelo]

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.

The cryptocurrency is a decentralized meaning there are many people who are controlling the market or manipulating it because of the decentralized many people can control the market not just only a single person but many persons, maybe the investors, miners, and the bounties.