Bitcoin Market Is Manipulated

[alexey14]

BTC yesterday 8300$ but today 7760$, Why? its not normal.

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[Wintersoldier]

BTC yesterday 8300$ but today 7760$, Why? its not normal.

It is normal, that is why allot of investors do prefer to invest in cryptocurrency, this volatility is turning their funds into instant profit if they hit the right button whether to buy or to sell their bitcoins. Though, with this huge volatility, we couldn't easily spot the manipulation or state that we are being manipulated by the market but, to think of the possible reasons why bitcoin is suddenly increasing way up higher that serves as the main reason why we buy and sell bitcoin at this time. In simple manner, it is our freedom if we want to join the ride, or let it pass and make our investment secured.

[MWesterweele]

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.

Agree with you, it is manipulated by many whales, who has been waiting for bitcoin to more dump for them to hoard many more, they are the ones who is manipulating bitcoin to pump too, there is no doubt about it, and we need to accept this fact, if they want to make a coin to be pump they will put a high price order and then they will dump too if they want, they are the one who builds large walls too.

[Mihaylovic]

unfortunately you are correct. but the main reason of it is crypto market is still newly born thing. that is why bitcoin distrubition is not fair. there are some people that could collect huge amount before. And they are easily manipulating the market. It will be better after a while.

[btccashacc]

We can't deny that the price sometimes is being manipulated by the whales I think it's due to bitcoin is still young and those whales were early entering the market so they could have a lot of bitcoins so they have control over it, but as time goes by bitcoin will be adopted widely and it will reduce their power to control the price. Just keep promoting bitcoin to the world so many people can buy it and hold it.

[GideonGono]

unfortunately you are correct. but the main reason of it is crypto market is still newly born thing. that is why bitcoin distrubition is not fair. there are some people that could collect huge amount before. And they are easily manipulating the market. It will be better after a while.

There are isn't sure that it was manipulated because there are a lot of people who do have bitcoin or we can say that the bitcoin was widely spread so even the whale do anything by bitcoin then it can cause a little amount reducing because bitcoin has a lot of user now.

[maartenhaha]

if they want they can dump BTC to 100$.

Seriously, why don't they do it?
they "whales" do not need huge profits, for them to enjoy life and see the losses of others

[pixie85]

BTC yesterday 8300$ but today 7760$, Why? its not normal.

This is in fact a normal price action. We had broken a key descending trendline of the bear market but then retraced back below it. I guess most traders got scared that the bear market is still in play and this pump is over. It was also a good moment to take profit if you entered  somewhere at 7500 - 7800.

We'll see if this is going to be a continuation or a dead cat bounce.

[Johnyz]

BTC yesterday 8300$ but today 7760$, Why? its not normal.

Its not normal for a newbies in the market but if you look at the history price, you will see that this kind of trend is a big problem before and hopefully not anymore this year. The market is being manipulated, if you have big holdings then you have the power to do so, we cannot stop that.

[Ayiranorea]

BTC yesterday 8300$ but today 7760$, Why? its not normal.

Its not normal for a newbies in the market but if you look at the history price, you will see that this kind of trend is a big problem before and hopefully not anymore this year. The market is being manipulated, if you have big holdings then you have the power to do so, we cannot stop that.

It might not be new to the newbies, but it is must to know about it. when days pass one will get to know and will be used to it. Market manipulation of bitcoin is just a trap to make it attractive for all users creating a mind to invest. Moreover this manipulation can't be done in larger level.

[xiboothrezi]

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.

Although the possibility exists, there is no strong evidence that whales can manipulate the price of Bitcoin. Moreover, cryptocurrency trading is getting wider, there may be a market maker but its power will have a big influence if it is driven by other forces. Seeing this condition, I am more inclined to choose an analysis were sales on a small scale that continues and accumulates that make this bearish so long.

[HardFacts]

if they want they can dump BTC to 100$.

Seriously, why don't they do it?
they "whales" do not need huge profits, for them to enjoy life and see the losses of others

Are you that dumb to ask this question, seriously ???

Do you know what GREED is ???   Throughout History, rich people that do not need more money have done varying degrees of horrible and unethical things to get even richer...  They would be happy to see you bankrupt, homeless, to get another few million....

Hard facts

[ice098]

if they want they can dump BTC to 100$.

Seriously, why don't they do it?
they "whales" do not need huge profits, for them to enjoy life and see the losses of others

Are you that dumb to ask this question, seriously

Do you know what GREED is    Throughout History, rich people that do not need more money have done varying degrees of horrible and unethical things to get even richer...  They would be happy to see you bankrupt, homeless, to get another few million....

Hard facts

Just to correct the right word for what you are describing is GREEDY and just only GREED. So those greedy people are rich but still for them their richness is not enough that's why they will whatever it takes just to get the money that they really wanted to and yes they are happy to see poor people and they dont care of them even if how they are.

[Spaffin]

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.

Although the possibility exists, there is no strong evidence that whales can manipulate the price of Bitcoin. Moreover, cryptocurrency trading is getting wider, there may be a market maker but its power will have a big influence if it is driven by other forces. Seeing this condition, I am more inclined to choose an analysis were sales on a small scale that continues and accumulates that make this bearish so long.

I think that several factors can be identified that affect the entire cryptocurrency market and the cryptocurrency pricing.  Of course, speculators can’t do without manipulations, among which there may really be big whales, since it is precisely an increase in the supply of bitcoin in the market that reduces the price.  But you also need to pay attention to various negative news that constantly negatively affects the cryptocurrency market, but in my opinion it is very difficult to identify the real reason for the market drop.  It is as if many people believe in the prospects of cryptocurrency, invest their money in cryptocurrency, but there is no market reaction to demand.

[funbarrel]

I'm sure you posted this due to the recent pump which went nearly 2 hundred up yesterday, which is a clear sign of manipulating just looking how long that line is, suggesting that a whale must have entered the market and flooded the purchase orders. Then it's only going sideways for at least 10 hours now with no signs of increasing demand, maybe taking a recent dump because it was considered a degree of resistance, then another potential whale pump. This market is definitely manipulated

[Debonaire217]

I'm sure you posted this due to the recent pump which went nearly 2 hundred up yesterday, which is a clear sign of manipulating just looking how long that line is, suggesting that a whale must have entered the market and flooded the purchase orders. Then it's only going sideways for at least 10 hours now with no signs of increasing demand, maybe taking a recent dump because it was considered a degree of resistance, then another potential whale pump. This market is definitely manipulated

This could just be the concept formulated by the people upon concluding that manipulation is due to the fsct that market increase and decreases. But actually not, we are just adhering as a whole to the decision of others for us to bebe profitable in the market. Knowing that we have the freedome to decide which action to choose in accordance to the current market status. Manipulation mainly be, in a form of public advertisement that could change the way how you think about a paricular crypto, and not just upon viwing market cap and changes bitcoin has.

[EdvinZ]

That only a few large whales control the market is a statement that has no proof. The number of wallets with an impressive number of bitcoins is constantly increasing. There are always investors with different investment opportunities who invest in Bitcoin. Huge investment funds and institutional investors are also interested in investing in Bitcoin. I think that in the future it will be more difficult to influence the price of digital gold, because its distribution will be more uniform.

[MAAManda]

That is the old fact hahaha, if you hold many of bitcoin and/or you have another friend who hold many bitcoin too, you can make a small or large group to control the price.

Example: you and your other friend sell Bitcoin in mass value, and then the bitcoin price will down and next you and your friend buy again and make a positive issue hahaha so cruel

[mdzahed134]

Absolutely true fact will be happened in the behind scene of Bitcoin market. Big whales gang can be easily manipulating whole of the cryptocurrency market not only specific coin. Those whales are own millions of dollars they will sell all of btc in bull run market they just take this opportunity but ultimately small investors were terrible situations. Right now BTC market is going big pump but there no movement in crypto.

[bitvalak]

Everywhere the market is always the same, there is always manipulation that occurs. Whether it's the stock market, commodities, including the cryptocurrency market. Because there is a role from big players, without big players the market will not be able to produce large volumes. So let's enjoy whatever happens in the market, because we are required to be objective in making decisions in the market. It depends on how you take advantage of the situation, and take the moment to gain the benefits that you expect.