Kprawn (OP)
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November 09, 2019, 07:48:57 AM |
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The people manipulating the price are becoming too predictable now. They trigger a massive drop in the price and people follow like sheep and start dumping some coins. When the price drop between $600 to $1000, they quickly start buying again to turn things around and then they just wait for the price to recover slowly to sell at a $600 to $1000 (per coin) profit. Rinse and repeat and you smile all the way to the Bank. They make sure not to make the price too volatile, because that would scare merchants and it will hamper merchant adoption. So, how low are we going this time around? We saw $3000 in January and we made some good profits at $12 000... The 2017 buyers made some massive losses on the coins that they bought at the all-time-high (ATH) of $18 000, so I think it is time to reward some of them with a recovery to $20 000.
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Findingnemo
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November 09, 2019, 01:40:38 PM |
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Everyone working for their benefits so they want to keep the things same as it is which restricting the adoption to go over next level,surely everyone is awaiting for the bitcoin halving which could make the price to next level at least to new all time high from 2017 in 2020 or later.
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rijaljun
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November 09, 2019, 02:33:55 PM Last edit: November 09, 2019, 03:06:55 PM by rijaljun |
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The people manipulating the price are becoming too predictable now.
This should be predictable from the start but now only some people are able to predict it, and those you called sheeps still not able to predict it. How long it will repeat? Chart provides more accurate answer for you that question.
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NewRanger
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November 09, 2019, 03:08:38 PM |
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The people manipulating the price are becoming too predictable now.
This should be predictable from the start but now only some people are able to predict it, and those you called sheeps still not able to predict it. everyone could make their own prediction ,although its not fully right.large trader or speculators trying to make price up and down as their want.many speculators want take profits as much as they can , by creating fud or negative sentiment they will achieved their goals.as traders we have to carefully with this kind of trick, and we will not trapped in bull movement.
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ReiMomo
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Duelbits - $100k Bonus/week
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November 09, 2019, 03:09:18 PM |
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Obviously whales did that. That's right, they can manipulate the market but they don't have a right to over control the Bitcoin price. All we can do is avoid panic selling because the more we do that the more laugh we heard on whales and waiting to cut their profit at any time. Yeah right, the very promising event will almost there and let see if how whales again manipulate the market and I am sure they were getting tired after all. Just hold your Bitcoin strong, you can help to increase Bitcoin price if we keep the supply less. No matter what happens the supply and demand bitcoin price varies.
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rijaljun
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November 09, 2019, 03:20:21 PM |
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everyone could make their own prediction ,although its not fully right.large trader or speculators trying to make price up and down as their want.many speculators want take profits as much as they can , by creating fud or negative sentiment they will achieved their goals.as traders we have to carefully with this kind of trick, and we will not trapped in bull movement.
The word "predictable" should refer to "correcty predict" and thoswle who are not able to predict it correctly, they just can't predict. People often say bad about others, speculators, fudders and more. But in fact, people still listen to them and get trapped by their own decision.
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crisanto01
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November 09, 2019, 03:32:17 PM |
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It is too obvious actually since the last bull run, and for you to know those experts are always saying that not to fully trust crypto at all, as this was a pure manipulation, just go to the ride, make sure at least have some fund to do at least short term trading so you can have profit even it is too low. Not only Bitcoin is manipulated, also altcoins, they are all can be manipulated, the only altcoins I love so far is Ethereum as it is now getting stable compare to some altcoins, too much pump and too much dump.
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hugeblack
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November 09, 2019, 03:43:03 PM |
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I do not think it is easier to manipulate, Bitcoin & cryptos are known and every day the market capacity increases, making them more difficult to manipulate. If we look at Bitcoin as a currency, there are big whales that can affect the price and a lot of small investors, these whales may succeed in influencing the price but they will not be able to maintain this manipulation for a long time, supply and demand control the market without regulatory intervention or the legislature for that violent changes. However, we have not reached enough market capacity to stabilize prices. For Altcoins, some of them can be manipulated as the market capacity is small compared to the capabilities and some are active only on one platform.
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Wexnident
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November 09, 2019, 03:51:44 PM |
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Well, it's kind of forcing it to call price manipulation since people do follow it. More like we could call it that they dump/pump coins and let the other traders change the flow themselves by showing some kind of change where traders would be forced to make a move. I do hope for another ATH, but I doubt it could happen by this year. At most, it should probably only happen after 2020. I'd guess we can reach the current ATH by March or April of 2020, but a lot of things could still happen.
Besides, you've also said the price manipulation of whales, so it is rather difficult to predict how BTC could reach another ATH today. But it would surely reach another one in the future though. Also, price manipulation was always there, it's just rather obscure at times and well, they also might have additional techniques for them to use so that they could manipulate the charts and changes.
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target
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November 09, 2019, 03:53:27 PM |
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If its too obvious I sure you can find a way to make it to your advantage with their manipiulation. These people will do what they need to do to profit form investors joining the cryptocurrency and since you can find signals about how they may try to manipulate it, I guess its also best you can try to also join them to earn. Orders in the exchange are visible in each pair but I can only see less that will bring the price down to -1000USD. if I have the skills to learn when they will try to dump, I would probably do it first and wait for them to also sell.
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Hamphser
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November 09, 2019, 04:34:58 PM |
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If it's too obvious then take advantage of it. I don't care if they call me a sheep as long as i gained some profit from it. It's a good time to follow and accumulate as much as possible so wherever they go you can make money from them. This is an open market and we can't still do anything whatever they want from the market. We are the small fishes who do follow these whales.
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MURONDI
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November 09, 2019, 06:46:15 PM |
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that's the law of trade, price manipulation is common, if you have large amounts of bitcoin, you will have the power to influence the price of bitcoin, You can play the price so the little people will follow you, but unfortunately we don't know anyone who has large amounts of bitcoin, and I also have no communication with him, so I don't know anyone who manipulates bitcoin.
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crairezx20
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November 09, 2019, 06:55:21 PM |
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Only traders who made a profit on short trading with Bitcoin but for holders who waiting for massive price increase they are still holding and wait for bull run.
I don't know if they can manipulate the price but I think it's normal to see the price drop if you have a bot you are always ready for this drop where you can set the stop loss and buy again with cheaper price just today.
The movement price of bitcoin these days is unpredictable it seems that we will not see the price increase more than $10k this year maybe we will see the 10k+ again next year but not right now.
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exstasie
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November 09, 2019, 07:21:17 PM |
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The people manipulating the price are becoming too predictable now. They trigger a massive drop in the price and people follow like sheep and start dumping some coins. When the price drop between $600 to $1000, they quickly start buying again to turn things around and then they just wait for the price to recover slowly to sell at a $600 to $1000 (per coin) profit. Rinse and repeat and you smile all the way to the Bank. If it's so predictable, why don't you trade and profit from it? How do you know it's manipulation and not just people selling? Investors often cry about the former because they are long and losing money but I see no actual proof of manipulation, just massive assumptions. Just as often, I see selloffs (like October 23rd) that are completely rejected by the market. People who sold below $7,700 weren't smiling all the way to the bank, were they?
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Willitivity
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November 09, 2019, 07:38:31 PM |
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The people manipulating the price are becoming too predictable now. They trigger a massive drop in the price and people follow like sheep and start dumping some coins. When the price drop between $600 to $1000, they quickly start buying again to turn things around and then they just wait for the price to recover slowly to sell at a $600 to $1000 (per coin) profit. Rinse and repeat and you smile all the way to the Bank. They make sure not to make the price too volatile, because that would scare merchants and it will hamper merchant adoption. So, how low are we going this time around? We saw $3000 in January and we made some good profits at $12 000... The 2017 buyers made some massive losses on the coins that they bought at the all-time-high (ATH) of $18 000, so I think it is time to reward some of them with a recovery to $20 000. Actually, that's how the market operates, you shouldn't be be surprised about that. Just be happy you have been to figure it out. Rather than trying to blame the whales, just play along with them and make your own money too, that's basically why almost everyone is here.
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Ryker1
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November 09, 2019, 07:45:27 PM |
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Well, I can't imagine how people manipulated the market price, I did not see any moving big transaction or maybe I don't know, isn't it? Bitcoin market price is really hard to manipulate bu if you believed that it is manipulated then, it is. The market price is unpredictable and the fluctuation was always there due to volatility and I think it is normal to have an upward and downtrend situation of Bitcoin price. So, if there is, let's hold together our Bitcoin and don't easily panic selling. You can help to hold and maintain the demand which makes Bitcoin move when the demand decreased or increased.
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1Referee
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November 09, 2019, 11:28:54 PM |
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It no longer surprises me that after a drop people come out of their holes and claim that the market is being manipulated.
Fact is that this market is just as unpredictable as it has always been. This unpredictability makes manipulating the price for large parties extremely dangerous as there is always a larger party ready to undo whatever you tried to initiate, mainly so with how there are more institutions on board than ever before with incentives to protect.
If the price dumps and doesn't go back up, it's fair to say that there is no demand to push the price back up, because that would certainly happen if there was.
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carriebee
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November 09, 2019, 11:50:49 PM |
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It's truly obvious they manipulate the market because of the percentage of drop is big and then bounce it again in big percent. This whales will do this so some traders will panicking about this drop. But I think we don't need to always follow the flow in the market we need to have limits our decision too to save what asset we have. Much better to hold it and wait a halving time don't ever whales manipulate you they know how to play this market.
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Twinkledoe
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November 09, 2019, 11:54:14 PM |
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It no longer surprises me that after a drop people come out of their holes and claim that the market is being manipulated.
Fact is that this market is just as unpredictable as it has always been. This unpredictability makes manipulating the price for large parties extremely dangerous as there is always a larger party ready to undo whatever you tried to initiate, mainly so with how there are more institutions on board than ever before with incentives to protect.
If the price dumps and doesn't go back up, it's fair to say that there is no demand to push the price back up, because that would certainly happen if there was.
I don't think some big whales can do that kind of manipulation here. The crypto market is really unpredictable as ever. The up and down movement is to be expected at all times. But such manipulation theory, I think we have no solid basis to claim that.
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bitbunnny
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November 10, 2019, 01:23:20 AM |
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I still need evidence to believe the theories of price manipulation. Only talks and presumptions but nothing too logical to explain that. Also, that doesn't make much sense, how can we then still claim that Bitcoin is decentralized and independent and on the other hand explain every price pump or dump with manipulation?
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