daarul50
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December 29, 2019, 06:24:44 AM |
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Here is a good tip for you,
Whether you are trading cryptos, stocks, futures, commodities or what not. Don't trade the days between Christmas and New Years. Why? Because there is very little liquidity. Most of the large whales are on vacation because who wants to sit all day trading during the holidays and markets get erratic.
This is what we are seeing right now. Basically today earlier we got a sweep of the lows and yesterday we got a sweep of the highs, its a very tight ranging market and it will chop you up if you try and trade it. Wait until like January 5th to trade.
did you know that the real whales do holiday everyday lol christmas just the little part of it but people continue correlating the big money are on hold because of the holiday break , i will say it is just a coincidence. need a proof? just look at the chart , the price on each desember of 2013, 2014, 2015, 2016, 2017, 2018 and 2018 always in different situation. sometimes bullish , sometimes bearish. sometimes fall and sometimes it goes wild up. which means there is nothing to do with the holiday break, i mean okay there is a little impact because of the holiday spending, but i won't say it has a huge impact caused, it was just usual move.
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barabarian1
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December 29, 2019, 08:41:05 AM |
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Check bitcoin price chart on CMC and you will realise that this has been the case since the first bitcoin introduced into the market. Bitcoin price is known by its volatility and if you have been in this market for long time you would know that there is no manipulation here. The price of Bitcoin is only driven by the demand and supply law. Don't believe every thing you read. No one knows when the next bull run will start.
yes I agree with you since the beginning of bitcoin appears the price of bitcoin has fluctuated. the rise and fall of bitcoin prices is common. so we do not need to worry about continuing to try to collect bitcoin so that in the future we can obtain greater profits. I am optimistic that in the future bitcoin prices will be even more expensive. don't keep thinking about the current decline in bitcoin because it's useless.
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Ipwich
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December 29, 2019, 11:30:55 AM |
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Check bitcoin price chart on CMC and you will realise that this has been the case since the first bitcoin introduced into the market. Bitcoin price is known by its volatility and if you have been in this market for long time you would know that there is no manipulation here. The price of Bitcoin is only driven by the demand and supply law. Don't believe every thing you read. No one knows when the next bull run will start.
yes I agree with you since the beginning of bitcoin appears the price of bitcoin has fluctuated. the rise and fall of bitcoin prices is common. so we do not need to worry about continuing to try to collect bitcoin so that in the future we can obtain greater profits. I am optimistic that in the future bitcoin prices will be even more expensive. don't keep thinking about the current decline in bitcoin because it's useless. Who's worrying actually? If we are in doubt about the capability of Bitcoin, it surely we are been caught into FOMO and couldn't sleep. What we need now is to keep calm, feel at ease cause this downtrend motion of Bitcoin's price is just temporary, it will be back to its good position sooner or later.
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danherbias07
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December 29, 2019, 12:28:21 PM |
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There is no one behind it. It is us who makes the fluctuation happen. Traders in exchange and those who are buying using different websites local or international. Don't think too much or you will just get wasted with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is just a normal movement for bitcoin. Be happy, you could use it in trading.
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Meowth05
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December 29, 2019, 01:16:06 PM |
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One day 7000 other day 7500 then Back to 7100 and on and on...
Now the all crypto news talking about bull run but its not Here!
Anyone got ideas who is behind that Bitcoin price manipulation? Its not looking right I think If we have bull run then at least price should go up one Week or Even month row then investors can make for sure some profits.
Something is wrong and we should find out why the btc price is manipulated like this!
Who said that we were on bull run, I think we are still in the bearish market, perhaps folks are pertaining to the bull run that might actually come after the halving this coming year. Bitcoin is really volatile so what do you expect, just for an example, seeing on it past movement Bitcoin has made around $10k this first week of December if I remember and now it suddenly drop at around $7k, and I think having this price is the best moment to buy some cheap tokens thus we could get a high return as uptrend comes after this halving.
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bitcampaign
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December 29, 2019, 02:46:36 PM |
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I don't know whether this is due to the effect of the futures market or the margin market that is paired on every bitcoin trade or using a contract, I don't understand why prices look like they are being played at this time, there is no certainty in the actual direction, I also want prices to really go back up above $ 10k because soon we will arrive in 2020, is it time to say go to the moon soon
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Wexlike
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December 29, 2019, 02:56:44 PM |
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I don't know whether this is due to the effect of the futures market or the margin market that is paired on every bitcoin trade or using a contract, I don't understand why prices look like they are being played at this time, there is no certainty in the actual direction, I also want prices to really go back up above $ 10k because soon we will arrive in 2020, is it time to say go to the moon soon
Painful sideways is still painful I guess ? ^^ Expected much more fireworks from the current CME future contracts, yet nothing happens.
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Hamphser
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December 29, 2019, 05:16:21 PM |
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Isn't it how the market supposed to be moving? It's expected already that the fluctuations rate of bitcoin is too fast compared to other cryptocurrencies. Thus, this movement of the market is just a typical movement sometimes it goes high or low.
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moviebuff777
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December 29, 2019, 11:17:07 PM |
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Bitcoin is always volatile. I’m sure there are people that manipulate the price but there is no way to change that until more people/money enter the market. At that point, it will be harder for whales to control the market.
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fravia
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December 30, 2019, 01:29:52 AM |
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Bitcoin is always volatile. I’m sure there are people that manipulate the price but there is no way to change that until more people/money enter the market. At that point, it will be harder for whales to control the market.
Even with tons of money invested into market there will be still manipulation. Just look at gold, its market cap is around 10 times bigger than bitcoins and there's still news about it being manipulated by big corporations, and it is supposed to be a regulated market. So with bitcoin there's no surprise that there is whales manipulation on prices as the market is not regulated and people can do whatever they want from fake orders to pumps and dumps. And in all fairness, I don't mind it, that's how the markets should be, a wild wild west and only strongest can survive it.
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Reid
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December 30, 2019, 05:34:55 AM |
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Is this kind of market something new to you? For us, it is not anymore. It will keep on moving on amounts that you never expected and users here knows that it is just a normal thing which happens to bitcoin.
Look at the charts for a year and you will see how much it gained and loss. Somehow it might give you lessons.
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perla
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December 30, 2019, 05:50:52 AM |
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One day 7000 other day 7500 then Back to 7100 and on and on...
Now the all crypto news talking about bull run but its not Here!
Anyone got ideas who is behind that Bitcoin price manipulation? Its not looking right I think If we have bull run then at least price should go up one Week or Even month row then investors can make for sure some profits.
Something is wrong and we should find out why the btc price is manipulated like this!
Although rumour that whales really control market, i never think that far. And what can i do maybe only follow the flow of market and wait for the time that will be good for me to take profit. About something like this, if only discuss i think a lot of people already discussed it. What other needs is if that "whales" really existed, maybe some proof about it will make us can discuss it further.
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styca
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December 30, 2019, 07:42:04 AM |
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One day 7000 other day 7500 then Back to 7100 and on and on...
Now the all crypto news talking about bull run but its not Here!
Anyone got ideas who is behind that Bitcoin price manipulation? Its not looking right I think If we have bull run then at least price should go up one Week or Even month row then investors can make for sure some profits.
Something is wrong and we should find out why the btc price is manipulated like this!
Why does it have to be manipulation? There is a huge degree of natural volatility in the markets. Small coins may be easy to manipulate, but it takes a lot of effort to deliberately move bitcoin price. Perhaps I am being naive, but I suspect there is an element of paranoia here.
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bitcampaign
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December 30, 2019, 10:44:26 AM |
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I don't know whether this is due to the effect of the futures market or the margin market that is paired on every bitcoin trade or using a contract, I don't understand why prices look like they are being played at this time, there is no certainty in the actual direction, I also want prices to really go back up above $ 10k because soon we will arrive in 2020, is it time to say go to the moon soon
Painful sideways is still painful I guess ? ^^ Expected much more fireworks from the current CME future contracts, yet nothing happens. do not understand what you mean hurts? traders or prices that still look sick and have not recovered from adversity, everyone does not expect it to continue to hurt, at least it must really recover from a bloody market next year, my hope and maybe the hopes of others also in this forum hope not painful
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1Referee
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December 30, 2019, 11:22:11 AM |
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Expected much more fireworks from the current CME future contracts, yet nothing happens.
What exactly did you expect from them? It's a professionally traded market, which means that they just follow the trend as it comes. Trend has been down and kinda sideways, so what other than more of the same is there to expect from CME? The only slightly bullish aspect of CME currently is that there is a slight premium, which is indicative of demand, but still not a guarantee that we will head back up. As long as stocks are usurping all the attention in the financial market Bitcoin will likely just stay 'boring' and bearish. The stock market looks like a bubble that will have a very nasty pop eventually. So much paper wealth generated and so little actual liquidity to allow freshly minted millionaires and billionaires to cash out together.
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alexsandria
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December 30, 2019, 11:29:19 AM |
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One day 7000 other day 7500 then Back to 7100 and on and on...
Now the all crypto news talking about bull run but its not Here!
That would be difficult to find, as we haven't seen major changes from this time around. And if we say it is really been manipulated then why manipulate the market at such price scale? No, specific big changes it just bounces back at 7k for a couple of days. It may be just natural though, and in addition isn't it good as we the market going to start 2020 not quite big nor small, just a fair enough price.
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Rasa nanas
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December 30, 2019, 02:09:07 PM |
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in my opinion the price of bitcoin is not only determined by people with large capital, but there are many factors that can affect the price of bitcoin. The price of bitcoin can also be influenced by news and market conditions. only people who have very large capital can manipulate the price of bitcoin.
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el kaka22
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December 30, 2019, 03:05:00 PM |
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It is really not a good look when people imagine there are secret wealthy trying to move bitcoin however they want. It stops people from making their own movements because they are afraid whatever they do, there could be some wealthy individual or a group of people who are looking to make the opposite thing.
There are no people who can overcome all of us together, if we all came together for the same time and bought bitcoins like crazy, even the richest people on earth can't stop us, there are not enough bitcoins in the world of wealthy that they can sell to stop us, this is not fiat, there are limitations and you can't create bitcoin out of thin air or print them to stop poor to get rich. That is why there could be some rich folks playing with bitcoin but not big enough to stop all of us if we could just manage to get together.
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Dart18
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December 30, 2019, 03:18:48 PM |
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I don't really think whales are doing it. It could just be because of the large numbers of exchange by now. We are growing and so does the number of traders out there. Add the sellers and buyers that are coming around trying to make money in a rush. (which is what crypto currency is defined to them) That is all the reason we could see for now.
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justdimin
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December 30, 2019, 04:08:10 PM |
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Bitcoin is an unregulated market, if anyone is fooling around with bitcoin price we would have absolutely no idea who that is and we have absolutely no idea IF anyone is fooling around with it. There is no system that shows someone buying millions of dollars worth of bitcoin or selling it, this is not stock market.
Normally, in stock market or forex world there is "accounts" that show who does exactly what and if you end up buying 10% of all stocks from a company everyone knows about it because it is public knowledge, in bitcoin you can end up buying 50 billion dollars worth of bitcoin and still keep it a secret if you want to without anyone ever hearing about it (the hidden part could cause it to take some time). That is why we can never know the answer to this question, we can just speculate.
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