sadmaster
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Bitwings !
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October 26, 2018, 10:43:36 PM |
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I think almost 35% of the market is being controlled by these people so called whales, 30% for the people who have big names in the crypto currency market, 20% for the exchanges and merely 15% is controlled by the ordinary people. Whales are the bag holders or the rich people who can easily manipulate the market with the ups and downs or pumps and dumps. Next are those people like McAfee who always makes suggestion for the next pumps which people sometimes follow it. That is what I think how the market works.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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October 26, 2018, 10:48:44 PM |
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We all know that bitcoin and most of the crypto currencies are decentralized. This means that no one has central authority of crypto currencies and no one controls it. This is the same case for the crypto market. There is no single market or organization that is actually controlling the price of crypto currencies. The price are determined by the people itself through trading. Though whales and people who are holding high amount of crypto currencies can some what manipulate the price of crypto currencies.
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gandalfar
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October 26, 2018, 10:49:28 PM |
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Of course, Bitcoin is the representative of the control of the crypto market. Because of this all Altcoins are always waiting for Bitcoin to come back and they will be able to grow better.
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mapsi
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The World’s First Blockchain Core
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October 26, 2018, 10:56:20 PM |
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I think as always whales controlling the crypto market. You know if someone have huge amount of money They can easily manipulate crypto market. I also wanted to believe about our power on crypto but i think we are the toys of whales only. In next bull market i hope we can sell our tokens right place and we will become a whale..
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michael23
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October 26, 2018, 11:21:50 PM |
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If we take into account the fact that half of the coins that we know are centralized, the conclusion is in itself. There are also big players who buy and sell at the same time, which also shakes the market.
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ylnar123
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October 26, 2018, 11:24:33 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.
Nobody controls the market as what you have said. The fluctuation of coins price in the market is due to the supply and demand which makes the price varies from time to time.
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nemey
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Catena X
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October 26, 2018, 11:45:45 PM |
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Some people say that the whales control the market. Some also say that other big investors or even the developer team of the coins also have opportunities to control the market. However, every holder or trader or investor also have the chance to control the market. The difference is how big they can control the market to influence the price or value of the coins or the tokens itself.
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cryptowolfsu
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October 26, 2018, 11:57:55 PM |
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You are right that crypto is decentralized and nobody specific controls the market. But as it is relatively small it is very sensitive and reacts on every FUD, news , big orders etc. In fact it turns out that nobody controls it , but everybody can manipulate it. When the market value will be over $1 trillion it will not be possible anymore.
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Yamifoud
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October 26, 2018, 11:58:02 PM |
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Some people say that the whales control the market. Some also say that other big investors or even the developer team of the coins also have opportunities to control the market. However, every holder or trader or investor also have the chance to control the market. The difference is how big they can control the market to influence the price or value of the coins or the tokens itself.
It actually nobody's control the market mate. It is just a simple manipulation created by them(whales). Of course, they have enough money to risk and they have capability too, but it doesn't mean that they are controlling our market prices. Everything around crypto are affected in many instances and community participation will help stop or minimize these kind of event.
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andika2018
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October 27, 2018, 12:47:33 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.
Its hard to predict who control the market price but the price always dictated by supply and demand. But recently, many peoples getting panic with negatives and fake news and its make price drop significant
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Esofdemon
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October 27, 2018, 11:35:21 AM |
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I don't think anyone has total control over cryptomarket. There are big investors(wales) and market makers who can provoke the crowd to buy or sell. Also crypto is sensitive to news.
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Xtinah
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October 27, 2018, 11:44:56 AM |
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It's hard to predict and i don't think anyone has control over the market. I believe the market is controlled by the forces of demand and supply and its manipulated by whales and big investors.
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Pffrt
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October 27, 2018, 11:47:00 AM |
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In simple words, there is no one who controls the cryptocurrency market but there are some people who manipulates the market and run away from market with a huge amount of money.
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novaprime
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UniDApp - it's DeFi time!
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October 27, 2018, 11:49:09 AM |
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I don't think anyone has total control over cryptomarket. There are big investors(wales) and market makers who can provoke the crowd to buy or sell. Also crypto is sensitive to news.
All the participants in this market blame the whales and this is definitely a bad idea because the people who make the market down are we. I think if people do not sell panic the market will probably get better and be profitable if more new investors come to this market.
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Zeronic
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October 27, 2018, 11:51:44 AM |
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I think Nobody can control the market. As we know that crypto is decentralized. Maybe some investors just can manipulate the market. And i think bitcoin is the representatives of the controller in the crypto market
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Holla123
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October 27, 2018, 11:54:17 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.
Normally I would say the market gets controlled where the volume is. So Bitmex and whoever making prices there surely has a lot of impact. The market cap of Tether keeps falling. I think that is a good thing and hope there will be better options to hedge your crypto investment in the future. For example with the offering of products that automatically spread your investment around.
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gefander
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October 27, 2018, 12:04:37 PM |
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I think that fair to say about greed, it is greed very often controls the market, so all sorts of manipulators are just using this which is greed in the hearts of people.
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nik9990
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First Islamic Crypto Exchange
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October 27, 2018, 12:23:23 PM |
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I think that coins without large capitalization are controlled by those who have about 70% concentrated. They can influence the market in volumes.
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slashz9
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October 27, 2018, 02:06:48 PM |
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dont know, i think whale just can manipulate the price but not control the market. because crypto is decentralized and anybody can have them, so i think that rumor whlae control the market is fake. and some famous coin like BTC ETH XRP XLM, controlled by market it self.
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trash321
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October 27, 2018, 02:13:03 PM |
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I fully support people who have an opinion about the fact that cryptocurrencies are currently managed by the stock exchanges and they do it very, very skillfully, because today we see how some projects are pumped up.
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