Bitcoin whales do not manipulate the exchange rate, but rather stabilize the pri

[Monosvalet]

Some researchers of the crypto world have now made such a conclusion that bitcoin whales do not manipulate the exchange rate, but rather stabilize the price by buying crypto currency during periods of decline.What do You think about this?Share your opinion?!

[BarneyXC]

If there are the existence of whale, then they must be trying to stabilise it. If the coins remains stable, it will broaden the whales' investment and be more and more beneficial for them too.

[5ensei]

This could be a temporary thing so whales ensure that the price doesn't fluctuate and upset the ETF guys. They keep complaining about the volatility and refusing to pass the bill, by ensuring the price maintains stable between 6500 and 7500 there is a better chance of success

[Shiloh Richard]

Whales have a huge influence in the market. As you said whales don't manipulate the exchange, I think by buying crypto during the time of decline whales stabilize the price.

[Kasen Matthews]

From what I've heard whales do manipulate the market by transferring big amount among themselves.I may be wrong but that sounds like creating impressionism. This sounds scary and I really hope its all a hoax.

Now it is clear that when the time will come the game will be in whales hand if they wish. But as the blockchain vision is other , stabilization will continue too.

[dentolas]

ok, let's go from the thought that they buy a lot of coin in periods of decline (this is a fact)... so they are buying cheap coin from people that mostly bought them at a higher price (that they sold - earning theat money that people lost)
then, what will they do? hold their cheaply bought coins like saints defending the market? or do you think that when they have enough coin (or when there are no sellers at low prices) they'll pump the price up so they can re-sell some of it at a higher price??!!
they control the price  

[limtjoehua]

Any market always has the potential to be manipulated, good action if the whales always buys bitcoin when a decline occurs. If the bitcoin held by the waster has run out, then the whales has it all and the game will start. Demand will continue to increase and some bitcoins remain held by the whales, so the increase will occur.

[tycsols]

Yes this is partially true they do help to stabilize the price in major dips but there is another side of the story as well, these whales do manipulate when the price is rising as when the sell to take profit that also results in dumps and loss of volume in the market resulting in failure for the price to continue up.

[nidacoinlove]

There are various approaches used by the whales. I don't think they are the one's trying to stabilise the prices. The whales till this moment are speculating prices for their own sake and when they buy back, is for the purpose to once again speculate the market after a little stability.

[whirlcoin]

Some researchers of the crypto world have now made such a conclusion that bitcoin whales do not manipulate the exchange rate, but rather stabilize the price by buying crypto currency during periods of decline.What do You think about this?Share your opinion?!

If the price fell too much then it also will be very danger for the future of crypto currency so if the prices are declining beyong the safe zone then they will increase the demand by reducing the supply so it will stabiloze the value beyond the level but they are doing this on purpose of making mony in future.

[hummer113]

If i imagine myself in the place of whales, I probably would not sell btc now. It is possible that they stabilize the market now, or just waiting.

[MohamedJones]

Bitcoin whales may not control the flow of the market but they have influence as there are many users in the form of groups, companies, individuals and so on so as more people invest in crypto the more value and stability it'll have but as the market is uncertain it is never for sure what will happen in the future regarding it.

[poodle63]

Some researchers of the crypto world have now made such a conclusion that bitcoin whales do not manipulate the exchange rate, but rather stabilize the price by buying crypto currency during periods of decline.What do You think about this?Share your opinion?!

What? can you prove it dude? I will not believe about that thing. in fact that there was a lot of bitcoin whales have been sending their bitcoin to the market and they are started to dump their bitcoin to the market directly. This is what you say that the whales doesn't manipulate the price of bitcoin? At least they can try to liquidate their bitcoin from the small amounts.