Who controls the market?

[Sir Legend]

It's hard to be able to control coins that have a marketcap of more than $ 300 million, because to be able to control we have to have big money which is at least 50%, and that is a difficult thing.

[Bitkoplak]

yes it is very clear here that the big traders control the price, so must be aware of the frequent changes in prices, I always see the volume in trading, because it refers to how many people trade it

[Haliburton]

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.

Correct. Centralized exchanges are the key players of the whole cryptocurrency market. They largely dominate crypto trades, which explains the reason why prices have been manipulated easily by them. Speaking of Bitfinex's Tether currency, it looks like it's the main factor which has caused all this mess. In the last days, USDT has failed to achieve a one-way peg to the US Dollar, as it was worth less than $1. While it quickly rose back to $1, it has shown us that Tether is not a truly stable coin and could easily become manipulated by Bitfinex exchange.

They do could do whatever they want with it such as increasing or reducing its supply, having a huge impact on its price within the market. While centralized exchanges largely contribute to the manipulation in prices within the crypto market, they're not the only ones doing this. There are also whales looking to buy coins at a cheap rate to sell them at a higher price. They've been manipulating prices as well, by doing this, making many investors disappointed with current prices.

Despite this, I think that sometime in the future, people will realize how dominated the market has been by centralized exchanges and whales, which will lead them to make the shift towards decentralized exchanges. As crypto was designed to be free from middleman, this is the way to go, but it will depend on how people would adopt decentralized exchanges in the real world.

[BTalarmus]

I think that, as in ordinary life, cryptocurrency market is controlled by large whales: trust funds, multimillionaires and corporations. Different types of analysis of stock markets are not yet very suitable for cryptocurrency due to their susceptibility to manipulation.

[puremage111]

everyone is in play for the market
I mean of course you have the big player like banks and etc, but imagine if only banks play the market and people like you and me don't

Hence, everyone is in the responsible for the market movement

[MAXE]

I really doubt that there is one single person who would control everything, in my opinion it should be some kind of group or organization.

[mimienamphine]

There are so many factors that determine the prices of tokens and each token has its own special case. Every token has a team and a community behind those tokens and some of the community members use different means to manipulate the price so that other token holders can dump for them to buy them cheap and hold. There are also instances that the entire market looks so bad and it affects all and every other token in the market.

[Checkoi]

It seems to me that there is some group of people who control the market and completely manipulate it. of course they have huge means at their disposal

[Latviand]

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 beleive no one can control or manipulate the market behavior no matter how rich or big a person is. Thoughts are 'whale investors' but in my opinion, it only influences the market but not totally controlling it. Cryptoindustry is just something which cannot be controlled especially when it comes on the market itself. Volatility is in nature amd people should be able to deal with it.

[kauban2018]

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 ones in charge of cryptocurrency are the people who are in benefit in this technology. the more users, the more the crypto will be blooming and functional. otherwise it will wither and die. traders are usually one of the main manopulators of the market since they arenthe middleman of it. they sell and trade to keep the stocks flowing as long as people needed it.

[macit800]

I think that everyone have a role in this market, because we are all people who are interested in cryptocurrency and holding some coins. How much you have, houw bigger your impact on the market.

[Thomas-s]

Holders of a huge number of coins can control the market, they can both sharply sell everything and buy a huge amount and the behavior of the market depends on it.

[OTC]

Well, I can say everyone has a role to play in controlling the market. I think the large whales, multimillionaires and those who have a great share in cryptocurrency controls the market.

[smoolae]

You cannot really control the whole crypto market but what you can indeed do is a little price manipulation. In concept it is really easy to pull off, you would only need enough monetary resources in some crypto to wipe out all of the buy orders in bigger exchanges and voila, the price of one currency just bleeds bright red.

[novy]

The crypto market is controlled by some big whales, but this is my personal opinion only. With current market capitalisation whales maniputes of the BTC price with just 10-15k of BTC, which is not so much.

[Bitcoincole]

Every holders of a huge coins can control the market they can chance the momentum of price towards the demands of every traders and holders. It often time it became a panic of selling which most of the holders dump altogether there coins because of thr collaboration of highest coin in a marketcap decreases.

[wojteks102]

Who controls the market? Big money.
But there are also something like 'dumb money' which also have got a power because a mass of people making decisions based on emotions have a mapping on the chart of price given asset.

[ka4ok1331]

I think that these days whales controls the market. And I can't say that the market is safe now, just because of them

[crazy1204]

Whales run the market right now.Whales are of course in every market.Anyway, there is no explanation for that.They always win on the market.I wish I was a whale in the market.Then I could always win.But I have no opportunity.

[turkmachiavelli]

No-one doesn't know this but all of us know that there is someone who is interest in this market and determine prices of coins. Probably this power is not one person but all of us know that they haven't earned money for a long time and time is came.