Oasisman
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October 22, 2019, 07:32:17 AM |
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I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.
No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down. There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there. What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new. Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits. It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it. That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation. Since manipulation means, having a full control towards the certain situation or the market.
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Herbert2020
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October 22, 2019, 08:35:50 AM |
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The reason why the volatility is high simply because this is a world market that runs 24/7 and I agree that every pump there will be a dump after that.
there are many other markets that are also 24/7 but that doesn't make them volatile. the reason for bitcoin price volatility has nothing to do with that. it is only because of the small size of the market and the fact that it is also filled with a lot of newbies with weak hands. you should also know that rise and fall is not the same thing as pump and dump! when bitcoin price goes up it is a rise not a pump. if it were a pump and dump then it would have never been able to go beyond $100 let alone reach 5 digits!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Bustart
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October 22, 2019, 12:05:57 PM |
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I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.
No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down. There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there. What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new. Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits. It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it. That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation. Since manipulation means, having a full control towards the certain situation or the market. We're opposite on that perspective mate, I do believed on whales that they can do things possibly because they do have the capital to play with the game of cryptocurrency. Once those whales bought huge amount of bitcoin then hold it for so long, it would suppress the circulation. So they sell it once btc price crashed to cheaper price and hype will start.
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Clement Kaliyar
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October 22, 2019, 12:15:42 PM |
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The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.
The price of bitcoin depends upon the investors and the decision of a government might influence the rate at which the bitcoin is accepted globally but as long as there are investors in the market the price keeps moving, when China forced the exchanges to shut down they moved to other countries and the same happens with United States and it is highly unlikely that United States will ban the billion dollar market and the trillions invested in it worldwide and i am expecting the market to have a fair regulation.
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redsun114
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October 23, 2019, 08:34:03 AM |
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The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.
Patience is required.
They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future. I stills smell some conspiracy in these price of bitcoin and not every dump that we see is actually from the part of the whales, I believe that even the government would be playing some games to always crash the value of bitcoin so that it can be discouraging to the people that are using it, but like you have all said, bitcoin is stronger than they actually think and I think that the time will come where they will have no way to actually manipulate the price again. One thing about their price manipulation is that it even gets people to become stronger and more understanding about bitcoin rather than their main intention for crashing the price of bitcoin. The bears will not always have its way, their time is always very short in the market and with time, the bulls will surely take over the market and become the main dominant of the market.
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error08
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October 23, 2019, 08:49:42 AM |
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That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation.
Not just possible, it's a fact in the crypto market due to relatively minor capitalization, they have enough resources to spend a huge amount of fiat currency to pump the price. No need to having full control to manipulate the market, it's occasionally happening just like I mentioned. Since manipulation means, having a full control towards the certain situation or the market.
What a nonsense made by yourself; MANIPULATION Noun 1. The action of manipulating something in a skilful manner. 2. The action of manipulating someone in a clever or unscrupulous way.
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BartS
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November 01, 2019, 03:33:43 AM |
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The reason why the volatility is high simply because this is a world market that runs 24/7 and I agree that every pump there will be a dump after that.
there are many other markets that are also 24/7 but that doesn't make them volatile. the reason for bitcoin price volatility has nothing to do with that. it is only because of the small size of the market and the fact that it is also filled with a lot of newbies with weak hands. you should also know that rise and fall is not the same thing as pump and dump! when bitcoin price goes up it is a rise not a pump. if it were a pump and dump then it would have never been able to go beyond $100 let alone reach 5 digits! Another reason for the great volatility of this market is that many traders in their desire to make profits use huge leverage, and when their predictions are mistaken and they lose their money this causes an immediate crash in the price. And we must also remember there are whales out there with a huge mount of coins that can move the market as they wish and when you add the lack of volume and the limited supply of bitcoin this creates an even greater volatility.
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Jating
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November 03, 2019, 01:21:04 PM |
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Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.
So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.
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Getmon
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November 03, 2019, 01:30:12 PM |
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Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.
So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.
Overall, we are neither on a bearish nor a bullish condition. If we fall from $9,000 that might be a sign of bears coming. But we are surely knocking on the $10,000 wall again and test if we can break it. We have entered it quickly but rejected after a very short while. In the coming days, Bitcoin will do that again. If we can enter that up to $10,200, I guess we can consider the $10,000 resistance wall pretty broken.
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Dart18
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November 03, 2019, 01:30:52 PM |
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And yet, up until now they are not stopping with their FUD or negative analysis about bitcoin but look at its price. It is more expensive now even if they does that kind of things.
More like they helped shape up the bitcoin technology. As of how, they made people question what bitcoin is, specially newbies. Lots of research, since there is already a lot of ways to research like videos and forums like this, the knowledge is easy to access. I hope they also considered that before trying to break bitcoin.
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Ryker1
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November 03, 2019, 01:32:19 PM |
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Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.
So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.
Well, I believed this also. I read recently that there are many predictions saying that Bitcoin will touch on $16k range by next week or by next month, the last quarter of the year. I believed that this is the start of bullish trend and we are excited about the next halving to come by next year and probably this promising event will give to us a good price in bitcoin in the market. Indeed, it is early to confirm and since the market is unpredictable, let us patiently wait for what will happen as long as we are in a healthy market condition.
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target
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November 03, 2019, 01:57:28 PM |
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Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.
So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.
I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
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Hamphser
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November 03, 2019, 02:39:38 PM |
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And yet, up until now they are not stopping with their FUD or negative analysis about bitcoin but look at its price. It is more expensive now even if they does that kind of things.
Creating FUD is normal i think this is for the weak handed people who are always afraid to lose their investment without having a single idea that bitcoin is normally volatile because it is an open market. Price manipulation existed everywhere when there is an open market. Whales are the ones that we could only blame with this sudden events.
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BartS
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November 05, 2019, 02:26:15 AM |
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I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
We will have to see what happens, it seems there is a positive sentiment in the market and while this is positive it also makes me anxious since the whales are experts at manipulating us and this could be nothing more but another of their manipulations. I really hope the price goes up and we see something similar to what happened 2 years ago but I cannot stop but feel unconvinced since 2 years seems too short of a time to see bitcoin challenging its ATH.
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Russlenat
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November 05, 2019, 07:59:17 AM |
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I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
We will have to see what happens, it seems there is a positive sentiment in the market and while this is positive it also makes me anxious since the whales are experts at manipulating us and this could be nothing more but another of their manipulations. I really hope the price goes up and we see something similar to what happened 2 years ago but I cannot stop but feel unconvinced since 2 years seems too short of a time to see bitcoin challenging its ATH. There is no such thing as short or long in this unpredictable market, things that are certain that I follow is only the timing to buy and sell. When we that the market is bearish, that means an opportunity to buy, and as long as you have bought enough then you are already ready to hold for you future and just hope anytime a bull run may come to push the price to another higher level again.
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StayFly
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November 05, 2019, 11:58:29 PM Last edit: November 06, 2019, 01:54:46 AM by StayFly |
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I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
We will have to see what happens, it seems there is a positive sentiment in the market and while this is positive it also makes me anxious since the whales are experts at manipulating us and this could be nothing more but another of their manipulations. I really hope the price goes up and we see something similar to what happened 2 years ago but I cannot stop but feel unconvinced since 2 years seems too short of a time to see bitcoin challenging its ATH. There is no such thing as short or long in this unpredictable market, things that are certain that I follow is only the timing to buy and sell. When we that the market is bearish, that means an opportunity to buy, and as long as you have bought enough then you are already ready to hold for you future and just hope anytime a bull run may come to push the price to another higher level again. The bitcoin market is experiencing a bullish run while the altcoins market is still on the bear side. The bitcoin has dominated the cryptocurrency market with over 66% of the market dominance while altcoin market is managing the rest of the 34% of the market dominance.
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cryptoangel
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November 06, 2019, 03:05:26 AM |
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I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
We will have to see what happens, it seems there is a positive sentiment in the market and while this is positive it also makes me anxious since the whales are experts at manipulating us and this could be nothing more but another of their manipulations. I really hope the price goes up and we see something similar to what happened 2 years ago but I cannot stop but feel unconvinced since 2 years seems too short of a time to see bitcoin challenging its ATH. There is no such thing as short or long in this unpredictable market, things that are certain that I follow is only the timing to buy and sell. When we that the market is bearish, that means an opportunity to buy, and as long as you have bought enough then you are already ready to hold for you future and just hope anytime a bull run may come to push the price to another higher level again. The bitcoin market is experiencing a bullish run while the altcoins market is still on the bear side. The bitcoin has dominated the cryptocurrency market with over 66% of the market dominance while altcoin market is managing the rest of the 34% of the market dominance. In crypto market huge volume coins are dominate the other altcoins, so you confused the bull and bear market. Because Bitcoin is a volatile cryptocurrency and it is decentralized coin so we never expect stable market. We always listen the bull and bear, but huge pump and dump are occur at few times so we never care of all the time.
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d3nz
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November 06, 2019, 12:19:50 PM |
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We don't know what will happen next and its really hard to predict the flow of the crypto market. And i think the were still in a bullish msrket and the value of bitcoin is still going up so we might expect it might go hit $10k.
And more reason to convert our altcoins to bitcoin while its still in uptrend.
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Colt81
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November 08, 2019, 05:36:27 AM |
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We don't know what will happen next and its really hard to predict the flow of the crypto market. And i think the were still in a bullish msrket and the value of bitcoin is still going up so we might expect it might go hit $10k.
And more reason to convert our altcoins to bitcoin while its still in uptrend.
I am hoping that bitcoin would increased it's price up to $10,000 this month of November because bitcoin is still staying it's price to $9,000+, which i think it will take long for bitcoin to go to the moon again. The market is volatile, that is why we can't predict when will the market go up and down, so all we need is just wait for bitcoin to increased it's price again.
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jostorres
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November 08, 2019, 07:44:34 AM |
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I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.
We will have to see what happens, it seems there is a positive sentiment in the market and while this is positive it also makes me anxious since the whales are experts at manipulating us and this could be nothing more but another of their manipulations. I really hope the price goes up and we see something similar to what happened 2 years ago but I cannot stop but feel unconvinced since 2 years seems too short of a time to see bitcoin challenging its ATH. Why do you think that 2 years is too short for bitcoin to challenge the last ATH, bitcoin is a dramatic coin and it could bring up its bull run at any time. How would we have thought that bitcoin could challenge the bear market around April this year and got a massive increase to $13800? So, if bitcoin can do that this year, then I don't see it finding it hard to reach the last ATH soon and even go far above it and the time that I see this happening is during the next halving if next year when miners will be rewarded, this has the tendency of also causing a FOMO buy and which we know the effect of that. We have to watch out for next year and do everything possible to prepare fully for the next year bull run by investing in bitcoin now that we still have the chance.
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