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Author Topic: Who are benefited with cryptocurrency?  (Read 22857 times)
shannelcoin
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March 06, 2019, 10:22:15 PM
 #341

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
I think all are benefactor but of course the more big investment and funds in crypto is the most will get more benefits. And all things in the market is depending to what is in demand. So I think all are control the market but still there's some whales that always play the market.

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March 06, 2019, 11:28:29 PM
 #342

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
I don't think any individual is controlling cryptocurrencies right now and I strongly believe that it is traders that are really holding and selling.  The market is currently in a bad shape and coins are in the hands of traders.
which gives a major influence on cryptocurrency price movements at the exchange place can only be done by traders who have a lot of money or often called whales, they will manipulate prices in exchange and often make a trap like what happened a few days ago.

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March 07, 2019, 01:43:37 AM
 #343

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
I don't think any individual is controlling cryptocurrencies right now and I strongly believe that it is traders that are really holding and selling.  The market is currently in a bad shape and coins are in the hands of traders.
which gives a major influence on cryptocurrency price movements at the exchange place can only be done by traders who have a lot of money or often called whales, they will manipulate prices in exchange and often make a trap like what happened a few days ago.
Not necessarily. If there is huge drop in the marketcap, there should be something news or event that forces them to sell of. It's not just because of whales or whatever they called but it's also because of other common traders which could urgently need to sell of because their own reasons.
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March 07, 2019, 03:12:35 AM
 #344

Nearly many people I think benefit from the current cryptocurrency where they can get benefits for what they get and also this new insight is a pretty good experience
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March 07, 2019, 06:40:33 AM
 #345

The people who will benefitted with cryptocurrency are those who join from different kinds of cryptocurrency campaigns and bounties or even airdrops. They provide service to be paid for cryptos. They are also the investors who trade crypto and exchanges it to fiat currency.
They are not the most benefitable persons,they might have earned few bucks we cant say this is the real benefits from crypto currency.Obviously the people who invested when the price of bitcoin in single or double digit and still they are getting benefits everyday just by holding the cryptos.

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March 07, 2019, 04:34:07 PM
 #346

It is not about controlling its about knowledge and how smart the things are placed. Blockchain is something cannot be controlled like traditional market by the massive players.

Everyone is the beneficiary here, yes there is long standing dip in market but we can use this opportunity for long time investment. Time places a key role in reviving the process back in its position.

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March 07, 2019, 11:40:24 PM
 #347

Maybe some individuals are gaining more benefits to the bearish market because they have much idea of how they can make money through this moment. But still I don't think they are controlling the value of the currencies in the market because we know that the Bitcoin's value is taking more process and time to get increased.
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March 08, 2019, 12:39:31 AM
 #348

It is not about controlling its about knowledge and how smart the things are placed. Blockchain is something cannot be controlled like traditional market by the massive players.

Everyone is the beneficiary here, yes there is long standing dip in market but we can use this opportunity for long time investment. Time places a key role in reviving the process back in its position.

I am agree. We can take benefits from cryptocurrency. In current market condition, we can buying and accumulating potential coin in the future with lower price and we will make profits in near future when market start recover

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March 08, 2019, 12:55:50 AM
Last edit: March 08, 2019, 01:09:44 AM by BennyK
 #349

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
Every cryptocurrency holder is a beneficiary of the crypto market. No single body or group of people control the market. The market is decentralized and that means that the movement of the market is determined by the cumulative activities of traders on the market. This is why it is necessary for every trader to refrain from panic selling at cheap prices. This is what brings the market down.

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March 08, 2019, 01:56:46 PM
 #350

those who benefited from the crypto currency were users from 2017 until the beginning of 2018, because there were already many people who were getting rich this year because they were making huge profits.

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March 08, 2019, 02:04:13 PM
 #351

those who benefited from the crypto currency were users from 2017 until the beginning of 2018, because there were already many people who were getting rich this year because they were making huge profits.
right, let alone those who have invested before 2017, of course now they can retire. but many also haven't sold it at that time, because of their greed, and now regret it. the market is an opportunity, so we must be able to use it

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March 08, 2019, 02:31:07 PM
 #352

I think those who are invested in the first 5 years of cyptocurrency specially bitcoin. Because at first the value are very cheap and then after a couple of year it skyrocket. But i also think that all who invest and believe in cryptocurrency benefited from it if they don't lost their investment. Because cryptocurrency is for eveyone who believe and patronized it.

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March 08, 2019, 03:35:16 PM
 #353

Everyone can benefit from cryptocurrency depending on whether they can take advantage of cryptocurrency or not so they will benefit and also work.I myself have felt how to get these benefits

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March 08, 2019, 03:42:29 PM
 #354

Everyone can benefit from cryptocurrency depending on whether they can take advantage of cryptocurrency or not so they will benefit and also work.I myself have felt how to get these benefits
In every market there are whales and I think the whales actually benefits from the current bearish market.  I have been trading forex and stocks and I learned from there that some big guys do influence the market to take profits and as such bring bitcoin price down to buy cheap and also sell at the time the unlearned thought the market are stabilized.
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March 12, 2019, 04:27:06 AM
 #355

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
The cryptocurrency market can be influenced by buying and selling cryptocurrency, but hardly anyone can control it completely. Too many participants in the market and cryptocurrency funds are scattered around small investors. However, studies have shown that a certain significant part of cryptocurrency is contained in several dozen wallets.
As for the question of who benefits from a cryptocurrency, there is no doubt that it is beneficial to individuals, that is, ordinary citizens. States and their cryptocurrency authorities are generally not needed.

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March 12, 2019, 06:11:55 AM
 #356

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
The cryptocurrency market can be influenced by buying and selling cryptocurrency, but hardly anyone can control it completely. Too many participants in the market and cryptocurrency funds are scattered around small investors. However, studies have shown that a certain significant part of cryptocurrency is contained in several dozen wallets.
As for the question of who benefits from a cryptocurrency, there is no doubt that it is beneficial to individuals, that is, ordinary citizens. States and their cryptocurrency authorities are generally not needed.
With decentralized system, i dont think anyone can control the supply. Investor or whales perhaps can control the price but i think anyone can take benefits from cryptomarket. If we able to learn market movement and able making analysis, i am believe we can make profits from crypto fluctuation
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March 12, 2019, 06:47:31 AM
 #357

those who benefited from the crypto currency were users from 2017 until the beginning of 2018, because there were already many people who were getting rich this year because they were making huge profits.

People who just followed others and jumped in 2017 were the ones who have lost money till now . Those who did their research and being taking the wise decision of buying in bear and selling at bull has being found well and making money as well .
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March 16, 2019, 08:30:32 PM
 #358

I am one person who does not believe that the market can be controlled by someone or a group. in the crypto market, there are only 2 types of investors and traders, namely smart and stupid. Beginner investors or fools when they get a loss will say that the market is controlled by a number of people, even though the loss they get is the result of their carelessness in making a decision. It is their decision that can make investors and smart traders benefit.
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March 16, 2019, 10:06:15 PM
 #359

Nearly many people I think benefit from the current cryptocurrency where they can get benefits for what they get and also this new insight is a pretty good experience

yes indeed of course many people feel the benefits of crypto. because people who benefit from crypto are people who want to work hard for a long time, and don't complain easily. so I think if the benefits of crypto are of course there is effort and determination to move forward.

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March 16, 2019, 10:17:22 PM
 #360

Those who benefit from the cryptocurrency market are those who can do it well, so long as they are smart and have good skills in trading, then they are people who have better luck potential, compared to those who do not have the skills and experience well. So, we should not need to think too far in advance when we experience a loss, if we learn the loss we will have a better view of the market and will not consider the market to be manipulated by some groups or only benefit certain groups.

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