wait, who owns the market?

[Mandoy]

Nobody owns bitcoins since it is decentralized. But to say that bitcoin is free from manipulation is just a hopeless belief. The bitcoin open market is vulnerable to manipulation especially from elites and giant bag holders we called whales. Those who have huge capital who are into bitcoin is playing the trades and sometimes rides the flow of the news creating domino effect on the market. At the end those weak holders have became food for the whales in the market.

[bitbunnny]

In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled

If you claim that whales manipulate price and control the market than Bitcoin is not decentralized and independent. Those two claims are opposite with each other.
To my opinion whales is given far more influence than they actually have so I still beleive that Bitcoin is decentralized and not under any systematic influence.

[apoorvlathey]

In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled

If you claim that whales manipulate price and control the market than Bitcoin is not decentralized and independent. Those two claims are opposite with each other.
To my opinion whales is given far more influence than they actually have so I still believe that Bitcoin is decentralized and not under any systematic influence.

Decentralization lies in the core of Bitcoin's technology. Because of this no single person can influence the transactions or edit the block of a blockchain.

But the price of any commodity being traded has no correlation to whether it is decentralized or not, it all comes down to supply and demand. Whales do have some power to cause slight change in price, but News or FUD has a much greater impact because it influences a large number of people to sell/buy at the same time.

[ReiMomo]

In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled

Just to make it clear that the whales are only those who are manipulating the market price but they are not the owner on this. They can spread negative news that can destroy the image of the crypto and weak people begun to panic selling. Nobody knows who are the owners of the market and it should not have an owner. Even the founder of these cryptocurrencies has not had the power to own the entire market. The accurate answer is no one who has the owner of the market.

[alexsandria]

I think when we talk about the market as a whole, there is no one that is owning or controlling it. Again, bitcoin is decentralized and no one has an absolute control on it. But when we talk about someone who has a great influence on the market, then that's a different issue because the government, some powerful personalities, and the likes are influencing the market.

[asus09]

Who manage and control about altcoin in exchange is our self, supply and demand is most important in control how altcoin price higher and lower, when many investor buy and will get higher price or an altcoin, but when many investor sell altcoin price in exchange market will be down, the owner of altcoin just listing on exchange market but price is depend on seller and buyer.

[Kyraishi]

In every market, there are what we so-called whales. Whales are the one who manipulates the price so basically they have control over how the asset/coin is moving in terms of price. When a certain asset or currency is being traded it is sure that there are a team of rich persons who are controlling it, nothing in this world is not getting controlled

They might be able to manipulate the prices and change things as they wish, and often are able to cause dumps, but since it's still decentralized they aren't able to fully control the market.

Bitcoin is too high volume for a single whale or even a group of them to be able to manipulate prices - this was probably possible a couple years back when Bitcoin was sub 1000 but luckily we've escaped that possiblity.

[BlackFor3st]

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.

Yes it's a free space, open source market and nobody owns it but for me someone is controlling it like the big exchanges and the big whales out there.

Once the big whales will start it's move, the price will skyrocket in just days or months then bull run will follow as the small investors will follow the flow also. So this is how I saw the market especially the bitcoin being controlled by influential people.

[Periodik]

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.

Yes it's a free space, open source market and nobody owns it but for me someone is controlling it like the big exchanges and the big whales out there.

Once the big whales will start it's move, the price will skyrocket in just days or months then bull run will follow as the small investors will follow the flow also. So this is how I saw the market especially the bitcoin being controlled by influential people.

This is part of Bitcoin being a free market. Everyone has the opportunity to buy the amount he wants. As a result, there are already a few influential Bitcoin whales as compared to a market which is not monopolized by a few traders and investors. But since Bitcoin is open for all, no restrictions, no owners except those who bought it, no regulations from within, no limit, and no anything, we can say that the rich will be expected to dominate.

That is the disadvantage of a free market, the rich few can exploit.

[candra raditya]

Nobody has a market because the market is based on demand and supply, but the pope can manipulate the market.

[doomistake]

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.

Nobody owns the market (because it is decentralized) but the ones we are trading in do have one. Exchanges are being manage by companies who gives an opportunity for us to buy and sell our coins. There is only one man who created all of this wonderful creation, and that is no other than Satoshi Nakamoto, if there is one who could control Bitcoin or maybe even the market, he is the guy suited for it.

[Sebas.tian]

You owns the market and I own the market too, we all owns the cryptocurrency market together. For those who believed that some group of miscreants Owns the market should change their ways of thinking. If you, I, us, don't sell out our coins there will no market manipulation, even there will be no pump.and dump coins. We all together control the market because we owns the power together.

[owengtam09]

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.

In my own opinion, bitcoin value control by us, especially who buys a huge amount of bitcoin and those who sell huge amount as well, because once we buy huge amount or many of us buy at the same time then the value of bitcoin will increase.

[febriyana]

Who control the market is us.
But who own the market is exchanges. They give us facilitate to trade from me to you, but the prices is based deal between me and you. Simple.
That is why in crypto sometimes the price can really high or cheap, because based on deal of majority people.
I think different with stock market, there is still based deal.
But there is regulated, if price to pump or dump too fast in one day, the stock can get suspended.

[pixie85]

I also think that it is we who control the market. Every user has some influence over the price and it's like in society. You think you have no influence over democratic voting but it's because your voice is worth less than the voice of a social media influencer or a billionaire.

You have the power to influence the market but the power depends on the money that you have. Someone who has a million dollars will be able to do much more than you but you still have something to say.

[Leonardo7]

Nobody owns the market, and no one is incentiviting miners to mine bitcoin, they mine to get rewarded and that is how bitcoin is built. Anyone can be a miner if they have the requirement. Big monies are moving to bitcoin because it's more profitable than the stock market.

[teosanru]

Technically no one owns the market but speaking in practical sense market is constructed by a group of buyers and sellers who use their powers to push the market towards their side. This is what we sometimes call Market manipulation but it's just that sometimes these buyers and sellers can be very powerful thus thriving the market completely towards their side. In traditional markets we generally called these people institution holdings but in bitcoin as there are no institutions we call them whales big individuals holding a lot of money to burn.

[inanilujimi]

those who have a market are people who own Bitcoin.
no one can control the price of bitcoin but it must be remembered there are factors that affect the value of bitcoin to change significantly.
one of the factors is the latest news about regulations made by a country and the pope plays its role in this matter.

[noormcs5]

Nobody owns bitcoins since it is decentralized. But to say that bitcoin is free from manipulation is just a hopeless belief. The bitcoin open market is vulnerable to manipulation especially from elites and giant bag holders we called whales. Those who have huge capital who are into bitcoin is playing the trades and sometimes rides the flow of the news creating domino effect on the market. At the end those weak holders have became food for the whales in the market.

No body owns the bitcoins not even satoshi nakamoto but whales do control the market. But as the bitcoin adoption will increase, whales control will be less.
If you are thinking when we will see the stability in bitcoin prices, it will only happen when no whales will be able to control it.

[Mulann2]

Because the whales have enough money to manipulate the market to their advantage, it now feels the market is in their hands, in fact they are in control of the whole market, this constant manipulation of btc is the major negative side of it, the control of market is in the hands of some wealthy few, it is highly unpleasant.