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Author Topic: ONLY A FEW PEOPLE WITH THE MOST BITCOIN CONTROL THE MARKET  (Read 869 times)
anjho.ace
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November 28, 2018, 11:32:05 AM
 #41

Walls on the market is a big influence of down and up trends.
Walls are created by the whales to get more tokens or sell high in the market.
That is the reality of this cryptocurrency!
bitcoindusts
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November 28, 2018, 11:51:16 AM
 #42

I'm not sure if whales really do manipulate Bitcoin but I can say that there's a group that does play a huge role in price and those are miners. Miners probably have the most Bitcoin when combined and when they are influenced by something, then a price movement would sure to happen.

Well I guess miners have different action regarding their mined Bitcoin, and of course Miners have the most since they are the first hand owner of Bitcoin that had been circulating in the market.  Though I believe, there are groups of individual that is knowledgeable on playing the market.  They have the capability to spread news whether it is for hyping or FUD'ing, they also have funds for fake market volume. though I guess Bitcoin is greatly distributed now than before, and besides, manipulation of market had been there ever since so there is nothing new about it.  The thing here is how can we (small timer) ride with the whales.

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November 28, 2018, 12:41:09 PM
 #43

Yes i believe the market were controlled by whales and i believe too when bitcoin price was very high a year ago they were pump it too and when the price dump they also spreading FUD which makes people panic and dump their coins and this is why some of government in the world says crypto market were fully of manipulations

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November 28, 2018, 01:18:29 PM
 #44

I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
The advantage of whales are manipulating the market based upon their bias. Small investors are forced to sell their bitcoin because they are afraid to lose a lot. This is possible! Market manipulation is what i see also. Just more pace, we will see how it will rise again. It will move up once other whales will buy the bottom price.

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November 28, 2018, 04:57:52 PM
 #45

It is fact that when you hold major stakes you can change the market through market forces and this happen in every industry if a company has major shares like 51% the have majority rights for selecting board of directors and they make company big decisions so this is also in the case of bitcoin too big whales can change the market situations and they should work for now to recover bitcoin and other coins for a good and healthy future.

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November 28, 2018, 05:02:20 PM
 #46

Maybe yes, but if the other people who hold or have bitcoin shouldn't sell for such low price when they see the market going down. And yes is possible the price being manipulanted, but not only a small group have enough bitcoin to manipulate 100% whole market.
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November 28, 2018, 06:53:45 PM
 #47

Although the world of crypto is fully backed by the decentralized blockchain technology, I honestly believe that the few people with large amount of bitcoin controls the market since they have the power to do so. So basically, it seems we have some sort of regulators who decides how the market should go.
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November 28, 2018, 07:40:55 PM
 #48

I partly agree with the post, but I am not observing it as a bad thing. I do not believe that governments or freemasons are behind it, but it is completely reasonable to me that there is a large group of people holding a majority of BTC. And they came here first and risked the most because they invested when the BTC was not as popular, expensive and significant as it is today. Supply and demand, simple as that. I do not believe in any conspiracy theory or that a few people have master plan and that the price was artificially and deliberately dropped.
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November 28, 2018, 09:10:25 PM
 #49

I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?

nope governments dont hodl bitcoins its the core of the bitcoin developers, that hold it and the asociation of big bitcoin miners, only the currenct cryptoindex system is what keeps bitcoin valuable as soon as there will be a reindexation movement bitcoin will crash

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November 29, 2018, 02:21:45 AM
 #50

I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?

nope governments dont hodl bitcoins its the core of the bitcoin developers, that hold it and the asociation of big bitcoin miners, only the currenct cryptoindex system is what keeps bitcoin valuable as soon as there will be a reindexation movement bitcoin will crash

That's true some people that have a huge quantity of bitcoin can also hold bitcoin to increase and control the market also maybe some investors selling there bitcoin so early so the price of bitcoin go down and cant take it anymore.

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November 29, 2018, 03:23:24 AM
 #51

I believe there are some people out there who have large amounts of bitcoin, and if they gather they can control the price of bitcoin as they please. Hopefully that doesn't happen.
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November 29, 2018, 05:07:57 AM
 #52

I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?

Again with just the speculation being fed from nowhere.

We dont really know right? We only have guesses. But please do not seriously take those financial analysts that are really the ones responsible for the manipulation.

If most of the bitcoin believers will take those kind of speculations then it will be chaos.

Just like what is happening now. It aint about the technology anymore. Most of them are just trying to make money.
It gets me down seeing this thing happening with the great technology that was created or unfolded.
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November 29, 2018, 06:11:25 AM
 #53

I think also the market is currently being manipulated by big investors so that the market is made to be unstable, and the best choice I currently make is holding bitcoin while waiting for the market to stabilize again
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December 04, 2018, 03:47:45 AM
 #54

Only people's that can control the market is for having a huge amount worth of bitcoin as they buy and sell for it.
Because all crypto coins, There's no volume if  they not buying a coin.

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December 04, 2018, 06:58:16 AM
 #55

I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?

Its true that only few people or institution can hold bitcoin for long term. Many people panic when market drop but not with institution because institution always accumulating their bitcoin.

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December 04, 2018, 08:51:55 AM
 #56

       I do not think it's manipulation. Bitcoin is part of a decentralized network, so it can not be manipulated. But yes, there are some big investors who have a lot of influence on this cryptographic market. They have a large amount of bitcoin, that's why they're nicknamed on the market, whales. Their actions and inactions decide and greatly influence the price of Bitcoin. But we, as small investors, do not have to invest, hoping to make an immediate profit.
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December 04, 2018, 08:56:20 AM
 #57

Let me see if I got this right. You’re saying that people holding the lions share of bitcoin are able to control bitcoin with buying and selling? That’s a stroke of genius dude! You should work for JPMorgan Chase or Goldman Sachs. LOL
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December 04, 2018, 09:32:54 AM
 #58

if you want to make money in this market, then invest only in the long term and you will be very good

Bitcoin has lost store of value feature in 2018. It is no longer a long-term game. Every time the strategy differs. And you have to keep yourself up-to-date with the latest strategy. 2017 was the year Ford hold and when people continue with the same strategy in 2018 the book heavy losses. In the strategy in 2018 was supposed to be fold and not hold. Therefore long-term whole may or may not be a good strategy
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December 04, 2018, 09:42:10 AM
 #59

I'm sure those individuals don't mind bitcoin even if it falls down so hard, Or they are organized group who are planning something big to damage bitcoin's reputation? I miss the old days when BTC price always going up day by day.

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December 04, 2018, 09:57:33 AM
 #60

your statement is partially true and only to a certain point of view. but about the whales  well, they are only a few and can't control the price, but the mass people control the price with their behavior and tend.
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