princesspoppy
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June 11, 2019, 07:42:39 AM |
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The market is not owned by anyone but it can be controlled by some people who referred to as whales. These whales have a huge amount of cryptos, either be bitcoin, ethereum or any other coins or tokens out there. They are controlling the market by dumping their coins. Once the price drops in the market, people with weak hands will do panic selling and those whales, they will gain or earn the coins or tokens those of the weak hands, they will then buy more coins and then boom, they will make more profit. And those who did panic selling will surely regret what they did once the market recovered.
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slaman29
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June 11, 2019, 08:30:37 AM |
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The market is not owned by anyone but it can be controlled by some people who referred to as whales. These whales have a huge amount of cryptos, either be bitcoin, ethereum or any other coins or tokens out there. They are controlling the market by dumping their coins. Once the price drops in the market, people with weak hands will do panic selling and those whales, they will gain or earn the coins or tokens those of the weak hands, they will then buy more coins and then boom, they will make more profit. And those who did panic selling will surely regret what they did once the market recovered.
Whales may be able to manipulate the market, but their influence will slowly erode over time. Sure, they are accumulating so you can tell they're also waiting for prime price to sell, but these guys realize as they did in 2017 that they can't dump too much or their precious altcoins (whales love alts too) will just die out and go into extinction. We all own the market. It's not just a dream, it's true.
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Lily_Olive
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June 11, 2019, 09:28:34 AM |
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I think no one own the bitcoin market.. many people are engaged in bitcoin market.. so according to my views no one own the bitcoin market..
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serjent05
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June 11, 2019, 09:44:40 AM |
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I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high.
No one has 100% control over the markets, but it can definitely be controlled to a certain extent. Whales, news sites(crypto and non-crypto), certain personalities(crypto and non-crypto), and even the government, can affect the markets one way or another. Though as time goes and liquidity gets better, it gets harder and harder to manipulate BTC's price. I think the correct term is influence. I also think that Bitcoin market cannot be controlled by a single entity or group but the opinion of reputed and distinguised personality and groups can influence its price movement. Same way with whales' action. Just like what happened to the market last week. Someone had dumped a huge amount of BTC creating a fake dump so that price would crash and buy at a lower price. I believe this is not manipulation but rather a gamble if people who have weak hands will be shaken and thus this whale succeeds. Weak hands were influenced to sell their coins thinking that the price will crash further.
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mikelsmith2020
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June 11, 2019, 11:22:36 AM |
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Most of the people thinking it's owned by whales but we don't have an assurance to it, there's a speculation that most of the bitcoins are stored in some wallets with more than thousand of bitcoins however they found out that it was an exchanges wallet which literally may have most of the bitcoin. But no matter what it was a decentralized and we can make any price we want from it, it's still a matter of demand.
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nasipadang
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June 11, 2019, 11:49:57 AM |
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Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this—
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
No one has market, regarding the issue of ownership, control or how bitcoin can be made this is still in the perception and personal opinion of the user. For example, we do not know whether it is true that the market is controlled, how if the mass causes up and down prices, not someone who trades large amounts of bitcoin, on the contrary we do not know how much or who holds bitcoin and the amount of bitcoin in their wallet.
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kamudd
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June 11, 2019, 12:58:36 PM |
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Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this—
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
I think bitcoin market is not controlled, bitcoin is hold by more people and market can't be controlled. Bitcoin is mined. Bitcoin should value more because there is limited supply and demand is high. That's right, the increasing demand makes us have to compete in putting up the purchase price. But somehow nowadays bitcoin is becoming increasingly popular and precisely when the price increases, more and more people feel happy.
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b3llsf1l3s
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June 11, 2019, 02:27:33 PM |
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Nobody owns bitcoin or the market. However the market is easily manipulated in bitcoin, due to lack of regulations.
Whales, exchanges.... they are manipulating. Don´t you remember Bcash drama in 2017, when bitcoin price was heavily manipulated?
I doubt bitcoin would stop being manipulated with regulations in place, regulations will never be able to stop manipulation, the same manipulation happens in classic assets too, even dollars or euros, the biggest difference, I believe, is the volume and liquidity of the other ones compared to bitcoin. It doesn't take a lot of bitcoins to be able to manipulate the market heavily, however it does take a lot of euros to ever crash the eur/dollar market for example. However it's hard to stope everything in this crypto from being manipulated, it's not about regulation, even refulation didn't affect to any manipulation activities. We know that whales are the only one who can did it right ? So i think it will stop if we found whole whales and make previlige to them about the control of Bitcoin itself.
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antisocial77
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July 27, 2019, 05:33:09 AM |
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Mining was mostly personal before so nobody had power on prices but today mining companies has power only. Second is people who play with big amounts and who entered the market earlier has power as well.and maybe not bitcoin but they control every altcoins
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Ridwan Fauzi
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July 27, 2019, 06:47:36 AM |
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I think the regulation or some information is one of the part who own the market. The whales as many people says who had a lot bitcoin and their wallet will sell and buy their bitcoin depend on on the regulation and some information who comes to the cryptocurrency. So, when you try to invest and being a trader you have to know the latest information that comes to cryptocurrency and regulation frok some countries and companies who decide to accept and refuse bitcoin. I came to cryptocurrency at 2017 ago and most of the movement price development of cryptocurrency was caused by them.
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freedomgo
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July 27, 2019, 10:23:13 AM |
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These investors who are also here now are manipulating the price, and that's very obvious as we can witness on its volatility. They are here not only because they saw the potential in the future but also because they say they can make money in short term, of course using their power to manipulate the market.
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samcrypto
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July 27, 2019, 10:49:54 AM |
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Bitcoin is gaining popularity each and everyday in cryptocurrency. As a result of this, more people are joining this industry just to make profits. We own the market by ourselves.
If you have cryptocurrency yes, its growing indeed and some whales almost own the whole market because of so much money that they have. Even Satoshi owns the market, he can destroy this anytime for sure but I know it will not happen. No one really owns the market, it is being moved by the demand with a limited supply especially with bitcoin. Altcoins are being owned by the developer of course, they can ruin that too.
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supine
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July 27, 2019, 11:55:04 AM |
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No one controls it, but influencers and whales influences the movement of the market. How they manipulate the market price has a huge impact on the over all market movement.
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NavI_027
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July 27, 2019, 12:14:33 PM |
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[snip]
If you have cryptocurrency yes, its growing indeed and some whales almost own the whole market because of so much money that they have. Even Satoshi owns the market, he can destroy this anytime for sure but I know it will not happen. No one really owns the market, it is being moved by the demand with a limited supply especially with bitcoin. [...] Let's go on this way, instead of saying that we own the market I think much appropriate if we use the term run — We run the market. We, the investors, is like serving as the fuel of an engine, without it the engine will not work at all thus losing its sense of value .
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xvids
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July 27, 2019, 02:09:26 PM |
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Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this—
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Everyone controls it we all have a part of it but the Whales play a huge part of course, It would alwaysbe the huge owners who would be the ones in control just like in real world those who have the money also have the power.
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gomezjoe
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July 27, 2019, 02:17:14 PM |
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Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
Ask yourself this—
How are Bitcoins created?
Who is incentivised to create Bitcoin?
Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.
Maybe the exchanges owns it.
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target
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July 27, 2019, 02:23:04 PM |
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We all share the same control the market but those who understand well can see when the prices are going to spike up. Today seem to have taken a nose dive. I really think the price can dip into the 6-7k before it can fly up again to $10k, it has to go that low for the chart to show its oversold. So if you plan to buy, do it when the price hits this low. Lots of big opportunity here so just be grateful to those whoever controls the market.
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adzino
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July 27, 2019, 02:27:57 PM |
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No one owns the market. This is a free market were the buyers and the sellers decide the price. But unfortunately, this market can be controlled by the whales. The whales can manipulate the market anytime they want. Basically, someone holding a huge amount of coins (exchanges are also included here) can partially control the market according to their own will. But then again, it becomes risky for them to manipulate the market since other whales may take the advantage of the manipulation.
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Cryptotissue
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July 27, 2019, 02:50:32 PM |
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From personal observations and some years in the crypto space, the Bitcoin market is basically owned by people with a huge amount of bitcoin. They decide the price of bitcoin at any point in time since they either increase the supply or decrease the amount of bitcoin in circulation. In as much that everyone can buy Bitcoin, people with a huge amount of it are the ones who own the bitcoin ecosystem..
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d_fitrie
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July 27, 2019, 04:09:50 PM |
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Markets are not managed by individuals, groups, popes or others because it takes millions of dollars to increase or decrease market prices, markets are managed in general based on supply and demand when the transaction works
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