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Author Topic: Whales are out of control = $500 in ten minutes  (Read 10216 times)
RawDog (OP)
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May 31, 2019, 08:59:31 AM
 #1

Time to do something about the few whales who keep cheating everyone out of their life savings. 

Let's do a fork and take anything over 10BTC away from those big addresses and redistribute it fairly to everyone.  It is ridiculous and totally ruining everything when one person has 1000s and can mess up the order book on a major exchange.  Where is the fairness in bitcoin? 

We have to end the whales who are out of control. 

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May 31, 2019, 09:05:29 AM
 #2

And how do you plan to do that?
There is nothing that we could do it is their money they invested on it just like us.
The only difference is they have a huge amount while we don't.
It is up to us if we would let them manipulate us they could sell their BTC to drop the price but if we don't panic and buy those it would be their lost.

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May 31, 2019, 09:28:19 AM
 #3

Time to do something about the few whales who keep cheating everyone out of their life savings. 

Let's do a fork and take anything over 10BTC away from those big addresses and redistribute it fairly to everyone.  It is ridiculous and totally ruining everything when one person has 1000s and can mess up the order book on a major exchange.  Where is the fairness in bitcoin? 

We have to end the whales who are out of control. 
We care about our money of course but it can't be control because its their money and its their strategies on how to make more money. If you're a whale for sure you will do the same thing. They can buy and sell as long as they have the money, the small time investors must learn to hold or better to ride with the whales, this is the only way to outsmart the whales.
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May 31, 2019, 09:32:17 AM
 #4

There is really not much anyone can do about it, Whales are present in all market and they determined the tide of market and also suffer the bigger loss when the market take a dive.Most average income earners miss out on bitcoin by calling it a scam, now it is with the rich and they are going to continue using it to better their lot.
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May 31, 2019, 09:36:13 AM
 #5

You know what we cant do a shit about those whales who are being out of control.Its their money its their investment its their own strategy to make money we cant do anything but to watch lose if we cant cope up on what they are doing.This is the risk you are taking when entering bitcoin you know there are controling whales everywhere not just on bitcoin so dont be upset about what they are doing with their own money

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May 31, 2019, 10:06:08 AM
 #6

Unfortunately there is nothing anyone can do about this whales especially a non whale can't do shit, you just have to accept it, i can't even explain what happened to BTC yesterday, immediate btc touch 9k comes a bad wind that blew through the market and create a sudden drop, panic sellers took over, that was pure manipulation no doubt, but as usual people will keep buying and trading to gain back their loss, in crypto anything can happen Grin

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Dingdongjl
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May 31, 2019, 10:08:57 AM
 #7

And how do you plan to do that?
I dont really know what this guy is thinking, at his rank he must have good knowledge in here but I can see that he is not.

I viewed his profile and see his trust summary with a "LONG HISTORY OF IGNORANT". Made my whole day  Grin

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May 31, 2019, 10:21:52 AM
 #8

Time to do something about the few whales who keep cheating everyone out of their life savings. 

Let's do a fork and take anything over 10BTC away from those big addresses and redistribute it fairly to everyone.  It is ridiculous and totally ruining everything when one person has 1000s and can mess up the order book on a major exchange.  Where is the fairness in bitcoin? 

We have to end the whales who are out of control. 

lol so the whales simulate a bitcoin price hype by buying back their bitcoins after people have fomod out so they fomo back in?

as long as this community is being respected and trusted somehow it will continue to scam everyone same like the banksters do that.

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May 31, 2019, 10:31:54 AM
 #9

Time to do something about the few whales who keep cheating everyone out of their life savings. 

Let's do a fork and take anything over 10BTC away from those big addresses and redistribute it fairly to everyone.  It is ridiculous and totally ruining everything when one person has 1000s and can mess up the order book on a major exchange.  Where is the fairness in bitcoin? 

We have to end the whales who are out of control. 

You sound like that Congressman Sherman from California who wants to ban cryptocurrencies. If you had been buying bitcoin since you started posting here, you might have thousands of bitcoins just like these whales. Anyway, this is called the free market, and the whales will do as they please.
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May 31, 2019, 10:56:11 AM
 #10

Wow. This is nothing new op. Its a regular thing which happens frequently in this extremely volatile market. For example, BTC fell by around $1000 recently thanks to 1 person who directly or indirectly manipulated the market.

BTC is not completely decentralized and it is centralized to an extent thanks to the miners and whales who can manipulate it whenever they want to which is the sole reason many institutional investors and governments are afraid of this market.

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May 31, 2019, 11:07:38 AM
 #11

We do not have enough power to control or stop activities done by whales. The market is always under the control of whales who have a lot of money, and they can control the market the way they want. We are the little Nemo fish that can't change the big seas, accept the fate, and change it the way you want.

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May 31, 2019, 11:11:30 AM
 #12

It isn't the crypto whales that are out of control, but the fiat central banks. It would be far better to reclaim the money they stole from us, and to redistribute that.

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May 31, 2019, 11:42:59 AM
 #13

This is an open market mate. Why would you restrict or end someone else's strategy in trading? If you got rekt from the recent sell-off then that is your fault for joining the FOMO club
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May 31, 2019, 11:47:36 AM
 #14

Everyone can make firm decisions for their holdings and we can't control it. Some holders would really dump depending on their needs and their target goal.
Even whales are aiming to gain a good profit as well.
No one is in control of Bitcoin's volatility and we can't manipulate it.
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May 31, 2019, 11:48:29 AM
 #15

And how do you plan to do that?
There is nothing that we could do it is their money they invested on it just like us.
The only difference is they have a huge amount while we don't.
It is up to us if we would let them manipulate us they could sell their BTC to drop the price but if we don't panic and buy those it would be their lost.
Maybe he has a good idea on how we can implemented this since he was eager about the ownership of other's even that he already knew that it was their money and nothing we can do about them
Not unless he can take those amount to ths owners without them knowing.or noticing, but if not then lets just do our part and let them do theirs
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May 31, 2019, 11:50:11 AM
 #16

I don't agree with that at all. If they worked and/or knew exactly when to invest and believed in the technology(A lot of them) since practically the beginning and got a lot of coins out of it they deserve it.

Let them play their game. The real power of Bitcoin is in the future, not the present.
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May 31, 2019, 12:59:27 PM
 #17

The changes depend on the supply and demand of Bitcoin. After all, investors are still the ones who will decide on how they will play the game of trading and investing. We all know that most holders are depending on the basic rule of trading which is to sell high and to buy low and that has a big impact on the market.

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May 31, 2019, 01:03:19 PM
 #18

It isn't the crypto whales that are out of control, but the fiat central banks. It would be far better to reclaim the money they stole from us, and to redistribute that.

thumbs up for the idea
we are getting loved every day by the corporations and the governments and all we care about is to get 500$ from whales
they can and they do manipulate the price but this is the reality we are living in
besides how do you like the idea of forking and taking your coins , think you would not appreciate it


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May 31, 2019, 01:07:29 PM
 #19

And how do you plan to do that?
There is nothing that we could do it is their money they invested on it just like us.
The only difference is they have a huge amount while we don't.
It is up to us if we would let them manipulate us they could sell their BTC to drop the price but if we don't panic and buy those it would be their lost.
I do agree, there is no way to prevent someone to buy a lot of bitcoin and neither to prevent people to dump their coins. I do think this is what makes bitcoin unique, cause no one controls it and its the community and the market that decide the price.

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May 31, 2019, 01:09:56 PM
 #20

Yesterday priced pumped 9000$ and dropped to 7950 in just an hour. But it is a volatile market as everyone knows and regular trade orders don't rule in here. For whales to earn Money, small investors should lose. And they can't make people panic or dump for 5-10$ change in crypto. So they are pulling this kind of moves.

If you believe in crypto and doesn't use margin trading you won't be affected a lot, you just hold.
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