Some "whales" preparing for selling operations?

[aoluain]

The misinformed threads are never ending these days.

Just in case anyone is questioning whales, buying, selling in this current
market, the very worst thing you can do is sell.
Now I would rate "whales" as being the ones who know what they are
doing and they are not selling, they are waiting and they will know the
most opportune time to BUY

[kram31]

I also read the news about sleeping wallets are now moving and sending into many wallets.
I think they are now selling their belongings as preparing for more deep in the market...
But i know they will buy back at really low price to be prepared in the upcoming bullrun.

[endlasuresh]

So the whales shouldn't sell or do they don't have life? Its their money and they wishes to sell. No one is going to sell for cheaper than they bought for higher price.
Let see what will happen in the end.

[fosco333]

What lead me to conclude that Bitcoin won't recover, main reason being that I know noone still believing in it. Nobody to "invest" in apart from those almost religious about it (there is obviously a bias reading a bitcoin forum compared to real life : 10 millions$/day shifts says that too)

Are you sure that bitcoin won't recover ? Bitcoin was recovering from the multiple crashes in the past years.
There is no one can predict the bitcoin price in the future, but you can tell bitcoin won't recovering anymore.
I think bitcoin value still unpredict, it can rising or falling more than this price at any time. There is no certain thing in the crypto volatile market.

[pooya87]

it is interesting that people see a large amount of bitcoin be received in an address and their first assumption is that a whale is getting ready to sell whereas in reality there is a higher chance that this is a whale who has bought a lot of bitcoin in the dip and has moved it to his wallet. the splitting is done after he withdrew to one address so that he is not keeping a lot of money in one place!

[Nowherman]

I would not panic about these bitcoin transfers. It is possible that someone put a $ 3000 trailing stop for bitcoin and is preparing for a negative scenario. I admit that Bitcoin will fall below $ 3,000, maybe even drop to $ 1,000. In any case, after the launch of BAKKT, Fidelity and NASDAQ, fresh money and new investors will come to the crypto market, which I am sure will force the tokens to fly to the moon.

[Cryptoreflector_666]

it is interesting that people see a large amount of bitcoin be received in an address and their first assumption is that a whale is getting ready to sell whereas in reality there is a higher chance that this is a whale who has bought a lot of bitcoin in the dip and has moved it to his wallet. the splitting is done after he withdrew to one address so that he is not keeping a lot of money in one place!

It is common practice to create an artificial hype around a coin. People throw a large amount of cryptocurrency from one wallet to another and thus create the illusion that someone is selling a very large amount and people start to panic and also sell coins at a low cost

[muslol67]

whales have already sold.
they are just waiting for the lil shrimp feeding off the back of whales to sell so the whales can eat up loads of cheap shrimp

I agree with you. They've sold already long time ago. But they are still manipulating market with their money. And they have a power for do that. If market will start to rise, they will be start investing Bitcoin and other cryptocurrencies again.

[hulla]

As we may know, aside some few huge wallets, there is no more real activity around bitcoin (around 10 million$ / day, to be compared with total capitalization)


What lead me to conclude that Bitcoin won't recover, main reason being that I know noone still believing in it. Nobody to "invest" in apart from those almost religious about it (there is obviously a bias reading a bitcoin forum compared to real life : 10 millions$/day shifts says that too)

My opinion : Bitcoin is just out of date, too old to compete for beeing a currency, what it was desigend for (remember, this was not meant to be a speculative asset)
But it showed the way. Blockchain has lots of good ideas

Bitcoin does shows that blockchain can be use for alot good activities but I want you to know that what you said about bitcoin been too old to compare as a currency is wrong because the may problem bitcoin had are the government and the communities which happen to been taking side instead of us to work together and make bitcoin great. However, this is the reason why everything about bitcoin protocol are open source but there are some people who choose to abuse the system instead of helping.
Meanwhile, bitcoin will recover but it will be next year before it will recover and it definitely not early next year

[suzanne5223]

The misinformed threads are never ending these days.

Just in case anyone is questioning whales, buying, selling in this current
market, the very worst thing you can do is sell.
Now I would rate "whales" as being the ones who know what they are
doing and they are not selling, they are waiting and they will know the
most opportune time to BUY

You're about misinformation threads which are open this days and I wish the newbie wont take it took serious because the OP said something about bitcoin not recovering and too old to be call currency which we all know thats not truth because the current down trend market is normal and it doesnt not qualify bitcoin as a weak crypto currency.

[SistaFista]

As we may know, aside some few huge wallets, there is no more real activity around bitcoin (around 10 million$ / day, to be compared with total capitalization)

I've read here that some of these huge accounts that have been silent during monthes/years have split their assets into several smaller accounts

What lead me to conclude that Bitcoin won't recover, main reason being that I know noone still believing in it. Nobody to "invest" in apart from those almost religious about it (there is obviously a bias reading a bitcoin forum compared to real life : 10 millions$/day shifts says that too)


Imagine what will happen when of of this sells, only 1 account may represent the amount of 1 month usual activity in bitcoin market!!

My opinion : Bitcoin is just out of date, too old to compete for beeing a currency, what it was desigend for (remember, this was not meant to be a speculative asset)
But it showed the way. Blockchain has lots of good ideas

We cannot predict that there will be a dump in the future just because a large amount of btc has been transfered to some wallet.
Maybe they want to move the btc to other wallet, because security reason. You know sometimes we need to change wallet if we think our wallet is not safe anymore.
But if it was sent to exchange address, there is a high possibility that they will sell the coin

[kucritt]

is that true that the "whales" are preparing for selling operations? it will be the worst time if this is happen,the price of cryptocurrencies will go down more and more again if this happen

[TheLoser]

I think that now around bitcoin creates a false information background, the purpose of which is to disorient the owners of bitcoin . So that whales can buy bitcoin from them at low prices .

[o_e_l_e_o]

But if it was sent to exchange address, there is a high possibility that they will sell the coin

it will be the worst time if this is happen,the price of cryptocurrencies will go down more and more again if this happen

If you guys actually read the thread before posting your spam, you will see that this nonsense has been thoroughly debunked. The wallets and funds in question belong to Coinbase, who posted a notification before they made any transactions that they would be moving funds around to improve security - so presumably moving them to a new form of cold storage.

It is not whales, the coins are not about to be sold, and it will have no effect on the market.

[kelz1]

There is some speculation that the wallets moving mass coins around belong to coinbase. No confirmation about the reason, but it could be due to collaborations or acquisitions.

[LeGaulois]

2/3 of the Bitcoin transactions are related to trading and not a real use (I mean someone buying something, etc) Don't worry it's the same with ETH, so. I created a thread long ago about this topic. Considering this, it means traders stopped to trade and/or are just holding coins I don't know. AS whales aren't responsible for most of the transactions, I would say it means nothing about whales, it's rather people refraining to trade/use BTC

[MainIbem]

I think it is time to let everyone express him/ herself in the marketplace. The categorization of whales, bulls, and bears have tended to create and pitch these guys against others. Many now look up to one or a combination of them for the rise or fall of the market. We fail to realize that they too have a right to the market and a right to transact business so as to favor themselves.

[burky156]

This is very unpleasant think to talk. Yes i believe in whales and they are killing our market and killing all of us.. Large ammount of bitcoin sales are preparing the loses. How i wish there were a rule that every person could buy the bitcoin limited quantity. For example 1000 BTC maximum for one person or account. How this is sound for you?

[aliceHortrex]

2/3 of the Bitcoin transactions are related to trading and not a real use (I mean someone buying something, etc) Don't worry it's the same with ETH, so. I created a thread long ago about this topic. Considering this, it means traders stopped to trade and/or are just holding coins I don't know. AS whales aren't responsible for most of the transactions, I would say it means nothing about whales, it's rather people refraining to trade/use BTC

Everything will change as soon as large companies begin to introduce the use of bitcoin as an equal method of payment for goods on an equal basis with the dollar and other Fiat currencies. While bitcoin will be used only as a security, that is, for trading on various exchanges, we will not be able to treat this phenomenon normally.