juragankambing (OP)
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October 21, 2018, 07:46:18 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.
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Rati24
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October 21, 2018, 07:52:51 AM |
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In the cryptocurrency market of current on paper, decentralized in fact, almost everything is centralized. And large exchanges or people with big money manage it and speculate on cryptocurrency prices. They also manipulate the minds of shallower traders. I hope after the approval of etf it will change for the better.
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talkbitcoin
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All I know is that I know nothing.
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October 21, 2018, 08:48:02 AM |
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the "crypto market" is not 1 thing that you can control. this market consists of nearly 2000 different cryptocurrencies and each of them are different.
for instance we have big altcoins with big markets that are centralized and have a big company (aka foundation) behind them with million of dollars at their disposal controlling the market. coins like XRP and ETH comes to mind.
then we have smaller altcoins that have lower volumes and emptier order books which are controlled mostly by different pumping teams and pumping whales.
and finally we have on rare occasions, some good coins that are controlled by the market itself where the demand for the technology they have changes the price. the best example is bitcoin.
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dentolas
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arcs-chain.com
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October 21, 2018, 09:18:15 AM |
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Well, almost everything is still centralized... internet access, electricity, etc are all centralized, and a lot of crypto projects are centralized... If we look at the global picture, the crypto-market is young, and has relative low cap in comparison with the world financial markets, so it is natural that a few whales can influence prices, especially on low volume/cap coins... hopefully, this will become diluted with mass adoption and raising crypto-cap, nevertheless, there is also the danger that, when this happens, some of these guys are holding a large portion of limited supply coins and can effectivily control them. P&D groups, scammers, etc also control a few shitcoins, but this is negligible as these guys will eventually dissapear when people start thinking about what they are doing...
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kolonel_x
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October 21, 2018, 11:54:01 AM |
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I think there is always interference from dev at every moment of Openmartket Crypt. For example when SCC is open market in Indodax, I don't know why when SCC is down, the wihtdrawal function on the Mercatox is turned off and re-functioning after the SCC goes up,
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INVALID BBCODE: close of unopened tag in table (1)
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Jamesdila1
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October 21, 2018, 12:41:07 PM |
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whales can do huge affect to the market. they have thousands of BTC .so if they can create a group and dump at certain points and at negative news then they can get some control of the market. anyway i dont like that. no one should control the market. then its good for investors
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Bokile
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October 21, 2018, 12:46:38 PM |
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I don't think anyone control the market currently, but I'm afraid that large corporations will control the most important coins in the future. People will not be aware, but big players will takeover the control.
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rangnatht
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October 21, 2018, 12:48:23 PM |
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I think this is really very hard to say who control the market.. I don't think so anyone can control the market. But yes I can say who can effect the market so this could be happen. Some big investors, blockchain enthusiasts, and important people who well known in the cryptocurrency market could effect the market through their statement or investments. Because many people are following them and if they make any bad statements it could be effect on the market too. But it's a decentralized technology so in the future I don't think this could be also effective because then it's become a open market and only we means people are control them.
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igor.vanyutin.83
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October 21, 2018, 01:00:09 PM |
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There are a lot of people that are controlling the market. People, that bought BTC, 10 years ago for 1000 USD, are controlling the market right now. But nobody will say you, who these people are. Just know, that something is happening and somebody is earning millions USD right now during the drop
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Gembul0705
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October 21, 2018, 01:17:55 PM |
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It should be that regulate the price is supply and demand but the act is big comunity whale can manipulated the price of crypto. We with small amount of money can not doing anything unless we have big comunity that have one thought when buy everyone also buy maybe it can make change price little. Until there are still no regulation we can not doing anything about some people or gruop that have power to manipulated
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trash321
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October 21, 2018, 01:19:53 PM |
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The right questions that today all the same give rise to the right thoughts, which in the end can lead to a superficial understanding of the situation, I think that on the whole it would probably be correct, so that people understand that the market is already governed today and that is a fact.
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deppil90
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October 21, 2018, 01:20:58 PM |
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in the crypto market requires a very good analysis, because crypto prices are very affected by negative news, I prefer a safe position by holding the market for a long time
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MrGGates
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October 21, 2018, 01:22:17 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 the market is very large like his bitmex which holds great control over bitcoin, because it has the largest amount of bitcoin.
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sorrros
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ludenaprotocol.io
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October 21, 2018, 01:22:42 PM |
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Exchanges, mainly centralized exchanges. And I think that one of the worst cenhtralized exchange is Bitfinex with their stable coin - Tether. There is a high chance that they manipulate the market with USDT.
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bartolo
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October 21, 2018, 01:24:24 PM |
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I don't think anyone control the market currently, but I'm afraid that large corporations will control the most important coins in the future. People will not be aware, but big players will takeover the control.
I don't know if they will get it but I'm sure they are trying, using media to spread FUD according their interest. At the end, it will depend on people, they will have to choose between holding their coins and, therefore, their power, or give it away to those big players.
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casperBGD
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Nil Satis Nisi Optimum
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October 21, 2018, 01:55:10 PM |
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i would not say that anyone is controlling the market through buy or sell particular coin there are, as everywhere, influences from whales, that have large amount of coins, so if they want to go out, it will disrupt the market, but that will happen in every market, not just crypto, that does not mean controlling
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sunno330
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homt.net
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October 21, 2018, 02:08:40 PM |
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Anyone can not control the market, because of market go on demand and supply. Investor and trader can control the market, but if they are low quality or small trader/investor; so they can not control market. But 20-30 big investor or trader can up or down market by buying/selling altcoin.
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EvgenOrel
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October 21, 2018, 02:11:48 PM |
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Of course, I’m not sure about this, but I think that all price movements in the world of cryptocurrency are controlled by people with a lot of bitcoins. It is easiest for them to regulate prices by placing glasses on a barge, thereby manipulating the market. But I also think that demand also affects exchange rates. After the collapse of the BTC rate this year, demand has plummeted.
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gorkem
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October 21, 2018, 02:27:09 PM |
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I think that the control is divided by 30 / 70.30% - ordinary users and cryptocurrency holders control and influence the market, the remaining 70% are large whales with large sums in their wallets.Ultimately, the people themselves influence the market.
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tycsols
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BountyMarketCap
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October 21, 2018, 04:06:41 PM |
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The only weak point i have found in current crypto market trading is that it can be manipulated by big investors also called as whales but personally im hopeful that as the market matures and volume grows in trillions then even these big investors will have almost no effect on market.
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