susanapa
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October 29, 2018, 05:13:59 AM |
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Indeed, the cryptographic market has no control over it, because the cryptographic market for everyone and everyone involved is the biggest influence on the market, but most people do not care if a The currency is decentralized or not and does not make sense. They only care about whether they are profitable or risky. The most important thing for all of us is profit.
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Salloystic
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October 29, 2018, 05:38:06 AM |
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The cryptocurrency market to me, is a wide market. And for the market to move either backward or forward, there must some people in the charge of control. Crypto market is being controlled by "the people who support the cryptocurrency ". The following are the controls from the people that support cryptocurrency: 1.The control from the core team that develops The currency- this is the core team of founders that get the project moving. Coin like Zcash, Litecoin, and Bitcoin were created by these people. 2. Public contributors also control cryptocurrency to some level- those people who help the core team to improve the currency has a limited amount of control as well. Public contributors do take the code base and add to it. If the changes they add make sense after a peer review then the changes are merged into the main code base. They can have a portion of control in the coin they value or care about. 3. The payment network do as well exercise their control over the market. 4. The cryptocurrency exchanges control the market 5. The coin miners All the poeple mentioned above have great power to influence crypto market...
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MAJICOIN
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October 29, 2018, 05:52:06 AM |
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As we say that crypto is decentralized currency so we can say that we can not identify that who is controlling the market and crypto is one of the best currencies which is largely using for trade and businesses buying and selling of services at present time and those who have large quantity of crypto they influence the market up to some extent and not over all.
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Hellguys
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October 29, 2018, 07:01:42 AM |
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I think everyone investing in crypto contributes to controlling the market. Investor's psychology greatly influences the value of cryptocurrency. Depending on market news, the perception of the value of the coin may change.
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iged_war
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October 29, 2018, 07:10:03 AM |
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maybe some big investors or trader make little effect of market price cause they have a lot of funds to control price to pump or dump
although they have much fund, i think price could not move alot.to make market crash we really need huge money, and not every people have.
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arnaudel98
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October 30, 2018, 06:16:56 AM |
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The market is being controlled mainly by,the law of demand and supply and also news relative to cryptocurrency,which migth be for or against the price of bitcoin,the whales in the space also has some level of influence on the market trend.
Just remember bitcoin is volatile and people don't care about it all the want profit if the bitcoin become controllable then we can't make profits. News also play a major part in bitcoin price flucations. Since no one can control the price it is only the whales which make use of social media to create a panic so get the coin cheap for themselves.
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Akermayya
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October 30, 2018, 07:53:45 AM |
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I think those who hold strong financial strength in the cryptocurrency market. They will change the market or the unfounded speculation of the investors.
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Tanmoy98
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October 30, 2018, 08:56:53 AM |
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It's all about btc price.Now the btc price is stable so that's why I think the altcoins price is dump now.When btc price is start dumping then the altcoins price is boom again.
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ChandraGold
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October 30, 2018, 08:58:54 AM |
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from my point of view , there is no one control the bitcoin market ,. their operation depend on the supply and demand
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Carreuh
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October 30, 2018, 06:42:54 PM |
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If I think that controlling the market is the producer and the consumer itself, no one can control the market other than this person and also at Duni cryptocurrenny who controls the market are those who make transactions every day
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Phantomberry
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October 31, 2018, 12:10:34 AM |
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I think the whales there the large elite group that have a power to manipulate the price of altcoins but on bitcoin it is impossible to manipulate and if you buy bitcoin back on 2010 and have a thousands of bitcoin i think today you if you sell today price maybe a smaller effect but in will rise up again.
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stellgod
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October 31, 2018, 08:43:03 AM |
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The market is being controlled mainly by,the law of demand and supply and also news relative to cryptocurrency,which migth be for or against the price of bitcoin,the whales in the space also has some level of influence on the market trend.
Just remember bitcoin is volatile and people don't care about it all the want profit if the bitcoin become controllable then we can't make profits. Other than demand and supply, it is the whales which mainly control the market. To be able to control the market, you need to have a big portion of the coins and whales surely have them. Well I believe most of the times this sell and buy are even controlled by these whales. They mostly know the mentality of customers and users that are always investing in bitcoin. They see it, analyze and then decide upon it. They better know how to make market unstable so that people start selling and on the same time this market should be attractive for all buyers too.
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BD Money365
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October 31, 2018, 02:11:54 PM |
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That's very difficult to say Who control the market but I think there are many big investors who try to control the market even they can control the market sometimes so we see pump and dump in the market.
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CrazeCoinz
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November 01, 2018, 07:48:46 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 those who owns huge amount of crypto can control the market flow and also those exchanges as they have all the means to take action when we had a transactions. Whales has big influence in the market flow as they can sell huge amount to make the price down and buy back at lower price.
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Ahimoth
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November 01, 2018, 08:04:25 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 those who owns huge amount of crypto can control the market flow and also those exchanges as they have all the means to take action when we had a transactions. Whales has big influence in the market flow as they can sell huge amount to make the price down and buy back at lower price. The possible person that can control the market is the investors who have a lot cryptocurrency. Buyers and sellers are also the ones who cause changes in market because if there's a lot buyer the price is goes up but if there's a lot seller the price is goes down. So I think investors is the reason why market is unstable, and they are the other ones that can make the price higher especially to those have a lot investment.
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ChandraGold
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November 01, 2018, 08:14:41 AM |
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Remember that the bitcoin market is a decentralized market, meaning that control is not in the hands of any power or organization, even on the trading floor admins have no control, they only is the organizer for bitcoin to be traded
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chaklee1
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November 02, 2018, 03:16:35 PM |
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Crypto whales and companies with deep pockets have the power to influence the prices and manipulate people (for example, to panic and sell), but I can’t say that the crypto market is controlled by them. Media also plays one of the main roles in manipulating the price. In general, every user, trader, and investor impacts the market making the volumes of trading. Nobody can fully control it.
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jatin729
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November 02, 2018, 04:14:41 PM |
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In cryptocurrency only we people have the power of control the market. If you have fair amount of tokens or any coin with you than you can have the power to penetrate the price of particular coin. There are some potential holders who can have large number of share of coins and sometimes we have seen slashes in the price because of them.
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miningguru
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November 02, 2018, 05:48:06 PM |
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The market will be controlled by the people who have more coins in the market. Some time when the price starts increasing people will start trading that particular in order to make profits. So it always depends on the buyers and sellers who are very active and will be controlled by them.
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KGBx
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November 03, 2018, 12:55:55 AM |
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I think that whales exactly control nearly the whole market because they have powers to manipulate prices, it is the law of economics, big players have such resources.
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