bangjoe
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January 07, 2020, 02:29:03 AM |
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No doubt the price of bitcoin is been manipulated by few rich whales, but they just can't pump the price to $1M neither will they be able to dump the price to $100. This will have to determined by the community and other heavy traders. Well the manipulation can be healthy if one knows how to trade the market with the whales.
I think whales don't have to spend that huge amount to manipulate Bitcoin prices. All they have to do is ride some bad news and FUD the market. Then make their huge stash of Bitcoin to be on the sell wall and sell some of it to make it look that the market is crashing. Once the prices is down they then tend to buy at the bottom and ride the good news again to put hype on the market. Then rinse and repeat. They gain extra cash and extra BTC along the process thus making them bigger whale. they do it with the flow of trends that occur at the same time, whales cannot make fud without context which is bound by the active fundamentals of real news. They also continue to try to protect their bitcoin income land. If done too often and transparently the market will read quickly, the most important thing is that their manipulation is still within the limits of active consolidation in the short term.
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AniviaBtc
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January 07, 2020, 03:06:42 AM |
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In every type of market there are powerful persons and organization that can manipulate the price. In stock market there are jockeys who have power to pump and dump a specific stocks while in cryptocurrency market, there are whales who have huge amount of bitcoin that can easily influence its movement. Manipulation is everywhere we cannot do about it and for me it is now normal.
I can't get the reason still many people are against the manipulation though they don't have really nothing to do about it to stop it. In my opinion, with these cases in cryptocurrency community, what is better to do is to comply and accept the fact the profits goes to those who have more control, and if we have less control over the market, we'll be good if we try to be in the stream with whales, follow their movements and get the profits. These manipulation is a just a mere fact that cryptocurrency is profitable. Because some people took advantage of manipulating the market and make money out of it. That's not fair for those who are not knowledgeable on how the market moves or works. Market manipulation is a bad thing if the person manipulates it doesn't do it in a right way. The one who manipulates it have has the power to control and manage how money moves in the market and maybe they seize their opportunity to took advantage and get more money.
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inanilujimi
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January 07, 2020, 03:27:36 AM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
Why haven't they done it until now ?? The price of BTC is $ 1m, if they could why until now the price is still around $ 7k ?? For the altcoin market I might believe, but not for bitcoin. Which is a large market capacity in the crypto industry.
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cutesgirl
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January 07, 2020, 04:29:48 AM |
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In every type of market there are powerful persons and organization that can manipulate the price. In stock market there are jockeys who have power to pump and dump a specific stocks while in cryptocurrency market, there are whales who have huge amount of bitcoin that can easily influence its movement. Manipulation is everywhere we cannot do about it and for me it is now normal.
I can't get the reason still many people are against the manipulation though they don't have really nothing to do about it to stop it. In my opinion, with these cases in cryptocurrency community, what is better to do is to comply and accept the fact the profits goes to those who have more control, and if we have less control over the market, we'll be good if we try to be in the stream with whales, follow their movements and get the profits. These manipulation is a just a mere fact that cryptocurrency is profitable. Because some people took advantage of manipulating the market and make money out of it. That's not fair for those who are not knowledgeable on how the market moves or works. Market manipulation is a bad thing if the person manipulates it doesn't do it in a right way. The one who manipulates it have has the power to control and manage how money moves in the market and maybe they seize their opportunity to took advantage and get more money. People make manipulating price for bitcoin by giving bad news and impact for investor panic for selling and bitcoin price, for manipulated by their self is impossible because bitcoin only have limited supply about 21 billion and hard can buy bitcoin all, they try to give bad news or bitcoin to make many people want to sell coin with lower price.
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yulionoo
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January 07, 2020, 08:40:25 AM |
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bitcoin prices can indeed be manipulated but that does not mean the price of bitcoin is fully controlled by the whales. for example there are whales that sell bitcoin in large quantities then the price of bitcoin will go down and this will be an opportunity for some other investors to buy bitcoin. and this will make the price of bitcoin increase again. bitcoin prices are completely influenced by demand and supply.
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tianglistrik
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January 07, 2020, 08:52:20 AM |
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bitcoin prices can indeed be manipulated but that does not mean the price of bitcoin is fully controlled by the whales. for example there are whales that sell bitcoin in large quantities then the price of bitcoin will go down and this will be an opportunity for some other investors to buy bitcoin. and this will make the price of bitcoin increase again. bitcoin prices are completely influenced by demand and supply.
in the market there will always be price manipulation, but it cannot be manipulated every day. so at a certain time the market can be manipulated, especially when there is bad news from the media, then they can manipulate the price. but it is true that they do not manipulate each time, because pure movements in market prices must be opposed to whales who manipulate.
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BlackFor3st
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January 07, 2020, 09:13:59 AM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
Once the demand will grow the big whales will have difficulty in manipulating the market especially the bitcoin price. And now that there are more and more who have notice and invest in bitcoin then time will surely come that they will not be able to manipulate the price anymore. But right now, we should just follow how the market works as we don't have the power yet to stop them in manipulating the market. This is our only way to make a profit in this type of environment.
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shoreno
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January 07, 2020, 09:27:38 AM |
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Once the demand will grow the big whales will have difficulty in manipulating the market especially the bitcoin price. And now that there are more and more who have notice and invest in bitcoin then time will surely come that they will not be able to manipulate the price anymore.
But right now, we should just follow how the market works as we don't have the power yet to stop them in manipulating the market. This is our only way to make a profit in this type of environment.
why say so ? whales are rich .i dont think that they will have a hard time controlling the market even if the demand of it is growing but whales can ask for help on other whales so that they can be more powerful . being manipulated or not , you are correct . we must only go with the flow . hodl when market is dumping or buying can also be a good idea to do . while selling should be done when they manipulate in opposing direction . just dont think of countering the whales because you will only be failed .
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nasipadang
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January 07, 2020, 10:48:37 AM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
They (whales) have a sneaky thought to manipulate value along with the user's reputation and interest. they (whales) are also not arbitrary in manipulating values because it can reduce the interest in the cryptocurrency market and ultimately those who suffer huge losses. no one can ban anyone who wants to hold large amounts of bitcoin, decentralize cryptocurrency.
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Shasha80
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January 07, 2020, 10:53:45 AM |
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I strongly agree that the market is controlled by whales or big players who have a large amount of bitcoin. So if that price moves suddenly for no apparent reason, like today bitcoin from $ 7500 rise to $ 7900 in just a few hours. And nothing big news that happened, I am very sure this is whales doing to manipulate the market.So do not easily panic if you see a sudden price down or up.Because whales are manipulating prices so they can make a profit. We need to be more careful in making decisions.
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FlightyPouch
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January 07, 2020, 11:10:21 AM |
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in the market there will always be price manipulation, but it cannot be manipulated every day. so at a certain time the market can be manipulated, especially when there is bad news from the media, then they can manipulate the price. but it is true that they do not manipulate each time, because pure movements in market prices must be opposed to whales who manipulate.
They can do that but obviously, they have their own ways of doing things and I don't think they would just sell at this price or make something that can hugely affect the price. As a currency with great technology and a lot of supporters in the world, they would not just upset a lot of investors, they should be the ones making moves to increase their profit not lose their other means of profit.
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Shimmiry
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January 07, 2020, 11:25:19 AM |
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As of my knowledge and experience, Bitcoin and its market cannot be manipulated by someone or even a group of people because the market and BTC's price is defined by the trades and volume of it, especially the holders. Hence, even there are someone with big BTC and sells it low making the price low too, it wouldn't necessarily drop the BTC's price.
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bitcoindusts
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January 07, 2020, 11:28:19 AM |
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As of my knowledge and experience, Bitcoin and its market cannot be manipulated by someone or even a group of people because the market and BTC's price is defined by the trades and volume of it, especially the holders. Hence, even there are someone with big BTC and sells it low making the price low too, it wouldn't necessarily drop the BTC's price.
If you look at the market history, there are cases where whales dump a huge amount of BTC across the trading platform that resulted to Bitcoin crash within that day until the effect of that dump diminish. I am saying that it does affect the price of BTC if coupled with FUD, it can even crash the price lower thus manipulation comes in.
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boris singer
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January 07, 2020, 12:16:13 PM |
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As of my knowledge and experience, Bitcoin and its market cannot be manipulated by someone or even a group of people because the market and BTC's price is defined by the trades and volume of it, especially the holders. Hence, even there are someone with big BTC and sells it low making the price low too, it wouldn't necessarily drop the BTC's price.
if the plustoken party throws all their current eth and converts it to the btc pair and then mixes it back to the other erc20. then we can see the big waves of pump and dump from btc. Things like this still might happen at any time. it is possible not to be frontal just like that, but the possibility of manipulation is still very real on a long-term scale.
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Distinctin
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January 07, 2020, 12:47:39 PM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
We know how whales influence the market price, they'd play it oftentimes and that is why we could say it manipulation. It sounds like that but living with my trust towards Bitcoin's decentralized form, they never controlled everything in here. I know its hard to believe cause that is actually we've been heard but that is actually their strategies, they only have a capability that it will change and because they'll find out that it helps them to become profitable.
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royalfestus
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January 07, 2020, 12:53:56 PM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
The earlier you know the better and it cant be overemphasis. Another thing to know is how to benefit from the manipulation and to know the cycle toward the bullrun. We have come to make money here except you want to deceive yourself and crypto has produced more billionaires recently and could get more people into billions in the next run.
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Astvile
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January 07, 2020, 01:23:07 PM |
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This is pretty normal, in every market, there are the whales and the market are being manipulated that is how they profit in this scene. Controlling the prices according to what they are wanting will give them a ton of profit, in the long run, it may sound costly but they will generate big profit by manipulating prices. Having this kind of person is really fun in the market especially if you can ride the pump they are creating.
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White Christmas
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January 07, 2020, 01:48:20 PM |
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This is pretty normal, in every market, there are the whales and the market are being manipulated that is how they profit in this scene. Controlling the prices according to what they are wanting will give them a ton of profit, in the long run, it may sound costly but they will generate big profit by manipulating prices. Having this kind of person is really fun in the market especially if you can ride the pump they are creating.
That's right it is normally happens even in other market. The manipulating of big whales to the current situation of the market are giving them tons of profits and because of that they are continuously doing this in order to maintain what they want on the market especially the values of bitcoin and other coins. They are creating the pump or increasing of the bitcoin by manipulating on it because those big whales or people who have a large amount of bitcoin are the one behind this, they are the one who controls half of the market and maybe a lot of them decided to pump the bitcoin in order for some people can ride on it. Even though the manipulation of the market was very costly they intent to do it because they know they will earn profit also by doing this.
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3la9l_kolbaCa
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January 07, 2020, 01:56:20 PM |
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This is pretty normal, in every market, there are the whales and the market are being manipulated that is how they profit in this scene. Controlling the prices according to what they are wanting will give them a ton of profit, in the long run, it may sound costly but they will generate big profit by manipulating prices. Having this kind of person is really fun in the market especially if you can ride the pump they are creating.
Manipulation isn't fair for all holders and traders, this should be done at fair management but it wasn't proven in the actual activities. Many individuals were saying about the market manipulations, but there's no concrete evidence to support their accusations. That's how worst the situation is, because of fake rumors circulating around us.
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radjie
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January 07, 2020, 02:44:09 PM |
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Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$. Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price. What I mean by whale? The person who have more than million Bitcoin. Bitcoin technology is great but Market is compeletly different story.
indeed the main role that is able to influence market prices is that of the whales who have a large amount of bitcoin, they can easily play market prices, although basically market prices can change according to the demand and supply of many people but the role of whales can also be a major factor capable of changing market chart
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