Drysprinkles291 (OP)
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November 16, 2018, 02:01:43 AM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
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TravelMug
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November 16, 2018, 09:53:36 PM |
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I'm sorry but you don't understand how it works. Price is based on speculation, so if there's positive news, the price will go up, while there is a bad news, obviously it will crash just like we witnessed in the last couple of days wherein we get caught about this so called Bitcoin Cash war.
As far as manipulation, there's this universal theory that whales do manipulate the price in their favor, only problem is that we don't have the face of those whales. Buy low sell high , if whales or even casuals see the price are good for them to buy then they will purchase it and dump it sooner to get profits, simply as that
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ellehcar
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November 17, 2018, 05:42:11 AM |
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No, crypto prices are not solely determined by the whales, but by the crypto community in general. What happens is they influence the crypto community by spreading FUD, reason why things go as they please. So if people will only learn not to be the innocent subject and object of these whales' dirty scheme, we'll all recover from the fall. Remember that though these whales hold huge amount of bitcoin and altcoins, we, small hodlers, are more than them in number, summing up our small assets bigger than they actually hold in entirety. So the future of bitcoin lies completely in us, if only we will learn.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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November 17, 2018, 09:10:19 AM |
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So at least you understand now that news simply cannot influence the market. People should have known this last year already, in 2017 when almost all the news was FUD and all the developments seemed negative. But Bitcoin kept going up and up. In fact, it was when it started on the bull run that all these news kept popping up.
Same thing happening now, only in reverse. So wait. When the bad news starts dominating again. That's probably when you can expect a recovery!
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supermine
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November 18, 2018, 02:46:09 PM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
We can't say the news have no influence over the prices,the news not yet hyped to the people so most of them not aware of positive news and only the negative news spreading much faster all around the places which makes immediate cause of price fall.And whales also has bigger part in the prices we can't deny that but they can only influence the market when the investors are responding to the price fluctuations.
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hermankoles
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https://customcontract.network
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November 18, 2018, 02:57:27 PM |
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news is one of the factors forming changes in crypto prices but there are still many other factors that need to be considered in changing crypto prices, I agree that dumps and pumps are sometimes carried out by whales and currently large institutions of crypto holders are also vulnerable to doing so.
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bohr
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November 21, 2018, 03:00:07 AM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
Every market is manipulated what we do not know is to what extent the price of bitcoin is manipulated by the whales and I'm sure that is information that even they do not know, what you need to ask yourself is even if the market is manipulated can you make money in it? If the answer to that is a yes then you should not care about the manipulation in the market just make money with it.
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Sengoko
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November 21, 2018, 07:08:55 AM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
No, the price is not being determined by the whales but by everyone that is part of the community. The problem is that we are mostly not aware of that, but the whales knows, so that makes smart. That’s why they will always try to get people to dump their coins and by doing so they are causing the price of the market to plummet and creating chances for them to buy the majority of the coins that were dumped at a cheaper price. This will lead to an increase in the market price. So we all play a part in determining the price.
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coinfinger
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November 24, 2018, 06:21:33 AM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
I wouldn’t say yes, but the price is mainly relying on speculation and being manipulated. The reason is because the market is highly volatile but I believe that if the market cap reaches trillion it wouldn’t be possible for anyone to control it again. I don’t know how long that’s going to take. Or maybe if everyone buy and hold their coins, it will also be difficult for the whales to control the market price.
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sunsilk
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November 24, 2018, 10:08:34 AM |
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That's what everyone thinks that the price and market itself is being manipulated. Who are the manipulators? no one can tell but its only those "whales" that we are putting the blame but there's no exact proof that they really are.
Yes, that's what they just do. They dump and they get profit, and when the market is in total dumping period they are getting more cheap coins on their stash claiming all of those bitcoins that has been sold by panic sellers.
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olubams
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November 28, 2018, 12:41:23 PM |
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The direction of price is not solely determined by the whales in my opinion. Although, current scenarios might make one have that view but in my opinion, I think its because of the majority of people moving in a particular direction. The influence the whales have is on a position while others starts panicking then drive the price somewhere else but if everyone can maintain their position should the whales make their moves, they will be the one losing at the end.
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bohr
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November 30, 2018, 03:46:55 AM |
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The direction of price is not solely determined by the whales in my opinion. Although, current scenarios might make one have that view but in my opinion, I think its because of the majority of people moving in a particular direction. The influence the whales have is on a position while others starts panicking then drive the price somewhere else but if everyone can maintain their position should the whales make their moves, they will be the one losing at the end.
The whales can manipulate the market but they are not the whole market if that was true then bitcoin will not have any value since the only ones that will accept their coins will be other whales, the price is influenced by people with very small holdings but since they do not act in a coordinated way with each other it is impossible for them to manipulate the price to the same extent as whales can.
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exstasie
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November 30, 2018, 04:10:00 AM |
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That's what everyone thinks that the price and market itself is being manipulated. Who are the manipulators? no one can tell but its only those "whales" that we are putting the blame but there's no exact proof that they really are.
Yes, that's what they just do. They dump and they get profit, and when the market is in total dumping period they are getting more cheap coins on their stash claiming all of those bitcoins that has been sold by panic sellers.
They can try to manipulate the market, but I've seen cases where whales market sold thousands of coins (probably expecting a crash) but got run over by buyers instead. All whales can do is sell coins. If strong buy demand is there to scoop those coins up and push price back up, they can't manipulate the market. If buy demand is weak then you should expect price to fall anyway.
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pooya87
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November 30, 2018, 04:57:24 AM |
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i don't think so because no matter how much money you have, you can not control a market like bitcoin forever. not to mention that your "pumping" power will always be limited which means you wouldn't be able to "pump" bitcoin to 4 digits just like the shitcoins can never be pumped consistently to high prices and keep them.
the whales have quite a lot of effect on the price and can manipulate it (which they have been doing) but they don't control it. at the end of the day it will still depend on the actual demand to decide the final price after the drama ends.
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BitHodler
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November 30, 2018, 01:17:11 PM |
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It all comes down to how it affects people here. If they bought coins and not long after the price pumps, they are perfectly fine with it even when whales are behind it, but when it's working against them, it's suddenly a different story. The mass is the biggest whale in the game, because we have been on both sides of the cycle in 2017/2018 when it comes to greed and fear. Everyone has a sell button, and people are more triggered to utilize it right now. The current dump is a perfect example of that. It's action--reaction. As soon as average joes see the price drop, they'll make sure they get out before it drops much lower, because they expect it to do so. Blame average joes, not whales. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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BSV is not the real Bcash. Bcash is the real Bcash.
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timerland
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November 30, 2018, 11:39:00 PM |
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The price and news seem never correlated. We were poured with all the positive technology news, yet cc price dropped. And sometime there is no news yet price doubles. Nobody knows what will happen in the near future. When are we getting a distributed exchange network that could facilitate all financial transactions, making them less expensive and more efficient? I'm starting to wonder if prices are manipulated? If whales dumped BTC, they must have done so to buy back at lower price, am I right? If that’s the case they plan to sell at much higher price in order to make profit, bull will run, right?
Positive news will not affect the market as positively when market sentiment is bearish, and vice versa. I think that has been proven over the last year or so. When negative news came out within the bull market last year, the markets didn't really react to it because of the fact that everyone was still buying due to the fear of missing out, regardless of what actual developments were happening. Same with this year, even though there's tons of institutional news that they're entering the market, people are still bearish. All comes down to emotions of people and how trading isn't always rational, I guess. But you're wrong in saying that whales determine prices. That's just wrong. Prices are determined by supply and demand, in which big players can play a major role. But they're not the sole determinator given that there are many other investors in the market.
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