who actually moves the price of bitcoin?

[jiamijiang]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

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[passwordnow]

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. 

[leonix007]

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. 

When BTC goes on these price range like today, it is now very noticeable affecting emotions or attracting other investors and individuals, thus may trigger more demands.

BTC price is bound to go higher, as the supply is not constant and becoming more slimmer in the long run (Halving)

[Insanerman]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Demand dude.. it's always has been the demand. Even the high companies that adopts and uses Bitcoin wouldn't give such pump impact if the demand would be lesser. Trading tends to depends on how much the liquidity is and what would be the demand. Once they are both huge, expect the market either going sideways or up above. Hence, it's not really "who" that moves the price, its "who are".

Meanwhile, whales do also have a huge effect in the price, but it will be much effective when it would be combined with proper marketing and social media articles to hype up the people, making the demand go more and more.

[LUCKMCFLY]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Those who move the market are mostly the whales, since they are the ones who plan the movements of months ago, also normal traders, who do not have much money, usually move the market when it is full of emotions, it is usually when things happen worldwide, some fundamentals are decisive to see how the price of bitcoin rises or falls according to the type of event.

[Mpamaegbu]

Succinctly put, it's demand that moves the price of Bitcoin; whether from whales or institutions. Once there's enough demand the price goes up and then traders begin to get on the bandwagon of FOMO to chase price further high. They think it's a complete mop up and wouldn't want to miss a piece of the cake. You know, that's why a lot of traders and small investors will buy in at ATH without knowing it. I rather buy Bitcoin once I see a huge buy wall than when there are several buy orders.

[passwordnow]

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. 

When BTC goes on these price range like today, it is now very noticeable affecting emotions or attracting other investors and individuals, thus may trigger more demands.

BTC price is bound to go higher, as the supply is not constant and becoming more slimmer in the long run (Halving)

I second that it's bound for higher price but it will always have the stop over before that happens. The cause of the pump isn't by the FOMO, there's more to it once the emotion becomes extreme that certain FOMO is happening.
As of the moment, I don't see that we're on that level but soon it will really trigger a better price.

[kramchers]

Bitcoin price value in the market goes up because of the whale investors, they are the manipulators. These whales always win in trading here in cryptocurrency, its the reality things happened that We cannot deny, then for the ordinary traders like me I can't be like as long as I don't have a lot of money. So, the more they control it or buy a lot of Bitcoin the demand will increase more for sure.

[Botnake]

When there is a sudden movement of abnormal movement, I believe it's the whales are moving it, or safe to say they started it, and when people got into FOMO, then it's from the typical investors who are helping to move it.

Actually not only on the pump, but also in the dump as well as whales could manipulate the price by dumping their bitcoin too so it would result to a panic in the market, they are still doing it at the right timing though, so it will attract action from people.

[cryptoaddictchie]

You cant definitely rely on whales alone. As far as the market goes bullish all players are included in the loop like retailers, small investors, instituions, and most traders. Even celebrities and known personality are in this too. Famous figurr like Arya Stark also tweeted on this, could also gain momentum on some of her followers to dig in on bitcoin and some might fomo. Movement on price has a lot of factor but the greatest one is mostly on news, hype and trend about it.

[Wexnident]

Whales alone don't move the market. I'm pretty sure that whales are the most seen investor is because they move big amounts, but that's it. If you were to count the thousands of investors, then they could easily surpass the amount of whatever a whale invest at one time. As for who moves the market, simply saying it's the demand. The more the market demands something, the higher its price goes. A very simple example here would be something like an Auction. The higher the demand for a product, the more would want to buy it, the higher the price would go right? Same idea as that.

As for how prices are regulated, I think exchanges themselves pay attention whenever a huge price spike appears, iirc just like in the crash back in March, some exchanges didn't allow trades to go through due to the massive crash that happened.

[adzino]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Doesn't matter if a whale trades in OTC desks or exchanges, when they sell, they increase the supply of available bitcoin in the market eventually. The price is then affected by this demand and supply law. 
By the way, an average "retail" user don't have the power to move the prices, but when every average "users" do the same thing, they can cause the price to rise or fall. We usually see them when a whale slightly dumps his coins, other average users out of fear starts to dump their coins too and hence the price drops even further.

[slapper]

Everyone is a piece of the big picture. You, me, a member of bitcointalk, an institutional investor, or a whale all have the power to change the faith of bitcoin. The market cap of bitcoin is very large now. Therefore, it is hard for an individual to manipulate its price. A whale can sell hundreds of bitcoins in an hour, but then, hundred of retail buyers willing to jump in and collect those coins.

And for your knowledge, it is called the supply-demand theory, one of the most famous theory for anyone who wants to join the financial world.

[xSkylarx]

Whales and big institutions plays a big role in this recent bullish rally. FOMO buyers affects the price too but I think most of them already learned their lesson 4yrs ago.
If you look at the 4yr chart, you'll noticed that history just repeats itself. The big question is how far will we go now after we break the ATH.

[xanto]

I see it as an endless circle: FOMO leads to demand -> demand leads to increase in price - > increase in price leads to FOMO -> FOMO leads to demand...
I'm just not sure how to fit those periods of pullback in...

[Hasmizara]

In fact, many people do not know the price of Bitcoin price increases depending on the bitcoin market. But when the whales are influential in the market and the demand goes down a lot as the price goes down then the price of Bitcoin goes down. But if the demand is high whales cannot survive in the market for long. Bitcoin investment is now high, including demand barks which is why whales are unable to determine their value on Bitcoin. Even if the price goes down the chances of losing are much lower waiting increases the price.

[D ltr]

Basically market movements are not due to whales, but because of market sentiment that wants market trends to move like that,
The whale actually only supports the price to move in accordance with the current market sentiment, and usually market sentiment is formed due to news and also trading analysis signals.

[DarkDays]

The better question to ask is what moves the price of BTC?

The response is simple: supply and demand. And the players in the filed such as whales, institutions, investors etc are contributing to tipping the market of demand and supply, and what seems to be happening now is that demand is much higher. This could be to these players speculating that BTC will go up in value. This in turn creates a positive loop whereby more and more people now become interested in buying for fear of not losing out, reinforcing the cycle.

[XZERO1]

I'd say it's mostly institutions and retailers money flowing into crypto market this time and that's why we see such a big spike in the price of Bitcoin, also don't ever forget the impact that this pandemic had in everyone's thought about how should they keep their money and whether it's worth the risk to be all in their national currencies and they are now worried about that.

To keep it short people now are thinking about alternatives to their national currencies to keep their money on that will not be affected by pandemic or other global or regional problems, Gold is another example that had a huge increase in demand lately because of the same reason, crypto is even better considering you can spend it and buy stuff with it online without even having to leave your house during pandemic so no wonder that bitcoin increased in value at all.

[MWesterweele]

The better question to ask is what moves the price of BTC?

The response is simple: supply and demand. And the players in the filed such as whales, institutions, investors etc are contributing to tipping the market of demand and supply, and what seems to be happening now is that demand is much higher. This could be to these players speculating that BTC will go up in value. This in turn creates a positive loop whereby more and more people now become interested in buying for fear of not losing out, reinforcing the cycle.

No one can actually made a big impact or movement in bitcoin price. No certain person can made it but only the demand and supply of the bitcoin could make it moves. Thats when whales, investors and traders can made a supply and demand varies there is where the bitcoin prices start to varies to. What i mean no certain person or group of whales can made a big impact but it is we the member of the community of crypto made it moves.

[el kaka22]

We do. Really it is not someone special that moves the price, when you buy bitcoin you move the price, when you sell bitcoin you move the price. Basically if you do it with small amount of money you do not move it that much yourself but enough of small movements make a big movement, or maybe one big buy/sell makes a bigger movement.

However it is certain that unless the whole market believes on a direction it will not get to a level and it would just stay there. Even if someone comes along with a billion dollars and buys bitcoin, it is not going to make a change unless market agrees to it, we could easily eat up that 1 billion dollars by all small fish selling theirs right away countering it. So, every single trade matters when it comes to moving the price.

[mersal]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

You can even move the price of bitcoin as well by setting your desired value while buying or selling but it may get influenced only if your trading volume gets enough to manipulate the total trading volume normally the volume needed will be few millions.

[Wysi]

I would we can refer the term to whales and institutions as manipulators instead of people moving the price as its not just the Bitcoin value they are manipulating but rather the emotions of thousands of new users who recently joins crypto space as well as those who have already invested into Bitcoin, it's really disheartening to see most trusted crypto is manipulated just like that, this needs to be stopped but unfortunately we cannot do much since noone has control over it nor can we have any restrictions.

[pragna]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Yea, big whales may interrup here but if we go for simple thing, it was excerpted from BTC market because in nCOVID time huge invested came and 2nd weave of nCOVID also on going. On the other hand many banks and financial organization accepting BTC as payment or custoding method. I think all over good combination now going in crypto market so that market is going up.

thanks.

[wxa7115]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

It is the aggregate demand of every single trader that moves the price, even if whales are buying in a OTC desks the fact that they are buying a huge amount of bitcoin means that there is now less supply in the market and once that happens and the demand remains the same that can only mean that the price goes up.

Retail investors are also able to move the price, after all when they see the price moving up they are more reluctant to sell their bitcoin because they are expecting it to grow in value even more, this reduces the supply even further and it gives the price a chance to go up in value even more, so as you can see the reason why you cannot see how can price moves is because you are only looking at the demand and you're not taking the time to consider the supply which is equally important.

[Fatunad]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

It doesnt matter if youre a whale, average joe, retailers or what when it comes to entire price market movement then these are the main component on
why its moving.It all matters with buying and selling power which would really be the main driving force on why its soo volatile which is way more than
on typical markets that we do know like forex and stocks and since we are trading with decentralized or uncontrollable things then liquidity
is much really higher.So it doesnt matter on what youre position neither a big whale or a small fry. 

[Reid]

Whales move it?
So we could conclude now that Bitcoin is being manipulated only.
Which will be chaos right?
Who else will believe with one technology that is already concluded as being manipulated by rich people?
I wont. I dont like them to be more richer than how they are right now.

I do think even the small purchasers has the power to move it.
Ain't this PayPal addition of buying bitcoin option already a good example?

[usekevin]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

No one had involved in bitcoin price movement.Bitcoin is the decentralised cryptocurrency.It mean,movement is based on many factors and not on particular factor.So investors,traders,mining people ,trading capacity by individual,trading volume,involvement of whale in the market will decide the price.

[mindrust]

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. 

Add Bitfinex there.

Since bitcoin is mostly being traded against Tethers since a while, whoever prints those tethers are in control of Bitcoin's price.

That's only my thought. Take it with a grain of salt.

[mr_random]

Hedge funds and financial organizations are main market makers , the rest of market traders never have been able to move the BTC price tick more than few pips, like in all other finance markets.

[Kulkhan]

Actually Bitcoin is Decentralised Cryptocurrenchy. No One Can't move its Price. I think Traders only Can Move it’s Price. When investors and Traders Buy it huge then it’s price up and when it’s trajection were poor then it’s price dowm. I think it is only reason for Moving Bitcoin Price.

[isaac_clarke22]

~

It's mostly the demand, the whales are the specific person that do those because of course they buy a lot of coins.
Sometimes hype do as well in some coins. See those other coins getting pumped and dumped? Yeah they're the ones for hypes mostly and just die throughout the night.

[posi]

Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....

Whales are not always responsible for suddenly pump and dump of the market but they have the huge chance to manipulate to market price. However, the trading happening in the OTC are unknown to the online exchange or trading activity ies and the whales that influence the price of the market bought their holding through an online exchange site.
You can follow their movement through whales alerts.

so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Yes, there are a lot of whales that use exchange and the reason why their decision influence the market price is because the crypto market price is determined by the level of demand and supply.

[Wapfika]

I would we can refer the term to whales and institutions as manipulators instead of people moving the price as its not just the Bitcoin value they are manipulating but rather the emotions of thousands of new users who recently joins crypto space as well as those who have already invested into Bitcoin, it's really disheartening to see most trusted crypto is manipulated just like that, this needs to be stopped but unfortunately we cannot do much since noone has control over it nor can we have any restrictions.

Traders or fund managers of different companies especially the big one's manipulate the market, they give great impact in price movement so we better be always active whenever there are news in a certain crypto project that can affect their price. Sometimes this movements were good as we can see that we invested in a good coin since they are actively tradable by many.

[suzanne5223]

But who's actually moving their prices?

Each individual (traders, investors, etc) sales conclusion but whales have the upper hand since they accumulated enough coins which would impact the market price.

~

It's mostly the demand, the whales are the specific person that do those because of course they buy a lot of coins.
Sometimes hype do as well in some coins. See those other coins getting pumped and dumped? Yeah they're the ones for hypes mostly and just die throughout the night.

No, it the level of demand and supply of the market with the addition of positive news which will somehow support the market pump in price but what the whales and arbitrage traders did is manipulate the market to make a profit.
That's why experienced investors are usually advised to follow the whales and arbitrage traders decisions.

[Oshosondy]

Each individual (traders, investors, etc) sales conclusion but whales have the upper hand since they accumulated enough coins which would impact the market price.

Whales have upper hand because they have more funds for bitcoin, you can see how Grayscale really impacted to bitcoin marketcap recently, recently it has accumulated over 500000 bitcoin, this has been one of the factors that drove the price of bitcoin up right from $10000 to $18000 recently. Although, there are many whales which are regarded as institutional investors that are involved in this, they are more responsible for the price increase as they buy more than retail investors.

[darewaller]

The better question to ask is what moves the price of BTC?

The response is simple: supply and demand. And the players in the filed such as whales, institutions, investors etc are contributing to tipping the market of demand and supply, and what seems to be happening now is that demand is much higher. This could be to these players speculating that BTC will go up in value. This in turn creates a positive loop whereby more and more people now become interested in buying for fear of not losing out, reinforcing the cycle.

Demand and supply is the obvious reason but to be honest I wonder sometimes like why the demand increased so much suddenly that the price jumped from 12k to 17k and beyond because I mean there is no particular news of why someone would need so many Bitcoins. People often give the reason that as the end of the year gets closer people buy Bitcoins but in all honesty I cannot think of them increasing the price to such high numbers.

I believe whales sometimes buy Bitcoins and they must have enormous bankroll to do that or maybe there are companies investing into Bitcoins as I was reading a thread about Mexican 2nd richest person investing in Bitcoins, maybe that is the reason behind the price rise.

[Sterbens]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

You can even move the price of bitcoin as well by setting your desired value while buying or selling but it may get influenced only if your trading volume gets enough to manipulate the total trading volume normally the volume needed will be few millions.

Yes, please want to sell bitcoins at any price, as long as he can wait until he is old. High price creeping pattern with long queues as if we were gambling. Suppose we have bought bitcoin for $ 15,000, and want to sell it in a queue for $ 25,000, but we are not sure to hit that price. he was more likely to use instinct than to read market charts.

[matchi2011]

I would we can refer the term to whales and institutions as manipulators instead of people moving the price as its not just the Bitcoin value they are manipulating but rather the emotions of thousands of new users who recently joins crypto space as well as those who have already invested into Bitcoin, it's really disheartening to see most trusted crypto is manipulated just like that, this needs to be stopped but unfortunately we cannot do much since noone has control over it nor can we have any restrictions.

Traders or fund managers of different companies especially the big one's manipulate the market, they give great impact in price movement so we better be always active whenever there are news in a certain crypto project that can affect their price. Sometimes this movements were good as we can see that we invested in a good coin since they are actively tradable by many.

With the skills that they've got plus the amount of investment that they can possibly have, creating artificial movements are always
possible from this kind of investors.

They can change the directions of certain project as they can have good percentage from the actual amount of entire project, following
those traders will give you a chance to get something good but it's too risky not knowing their real intentions.

They can simply burned your money in an instant instances.

[Smartvirus]

Surely, you and I supposing your a trader does have little impact on the market but then, the main market movers are the whales and institutions that trades this market. Mind you, the market are the same everywhere, not minding the platform being traded upon, there might be little alterations in the chart movement based on volatility but it's almost the same thing.

I say whales and institutions move the market pretty much base on the amount they invest in the market which gives them the power to determine the direction the market would take and then we that trade alongside them tends to benefit from these moves. If that be the case, it could be only right to say whales and institutions are the major market determinant.

[Ucy]

Demand and supply is simply what determines the price.
Bitcoin has limited supply compared to millions/billions of potential users. If demand for bitcoin increases while supply is low (or while there aren't enough users/holders willing to sell to buyers at the normal price) buyers will adjust their price to higher amount to attract the interest of sellers... and sellers sell at the increased price... This is how the price goes up, organically.
Ofcourse, whales move the price but Price can also be moved by lots of average buyers buying bitcoin around thesame time

[tvplus006]

Demand and supply is simply what determines the price.
Bitcoin has limited supply compared to millions/billions of potential users. If demand for bitcoin increases while supply is low (or while there aren't enough users/holders willing to sell to buyers at the normal price) buyers will adjust their price to higher amount to attract the interest of sellers... and sellers sell at the increased price... This is how the price goes up, organically.
Ofcourse, whales move the price but Price can also be moved by lots of average buyers buying bitcoin around thesame time

Market makers are able to influence the price of bitcoin as long as it has a small capitalization and, accordingly, the price. Their impact on the price will end when the capitalization of bitcoin will be estimated in the tens of trillions of dollars.

[passwordnow]

Whales, institutions, normal buyers. With the combined purchasing power of the normal buyers just like you and me, it creates a demand that affects the price to increase.
In simple explanation, that's what happens when the price goes up. The demand is high. And another one is when there are millions of newly printed Tether. 

Add Bitfinex there.

Since bitcoin is mostly being traded against Tethers since a while, whoever prints those tethers are in control of Bitcoin's price.

That's only my thought. Take it with a grain of salt.

That's noticeable whenever there are new Tethers produced, the market pumps. Fortunately, we have a good a standing this time that the market pumps without any news about Tether printing from Bitfinex.
Because when it does, they print almost unlimited money that also injects to the market that boosts bitcoin temporarily.

[hahay]

Movements that occur due to activity in the market, are not about whales and or anything else because what happens next or that amplifies market movements is due to increased supply and demand. The panic from buying and selling is what can ultimately make prices fall hard or even rise quickly, because a trend that occurs will make the movement more significant.

[fullhdpixel]

We do. Really it is not someone special that moves the price, when you buy bitcoin you move the price, when you sell bitcoin you move the price. Basically if you do it with small amount of money you do not move it that much yourself but enough of small movements make a big movement, or maybe one big buy/sell makes a bigger movement.

Sounds about right but I am curious that usually the buy and sell orders from normal traders should be normalized like the price would move almost to nothing after all the trades. Imagine 1k BTC being bought and sold throughout the day that means the price should not move. Then why do we see these drops periodically because I cannot think everyone suddenly dumps their Bitcoins like in March the price dropped and just kept dropping.

However it is certain that unless the whole market believes on a direction it will not get to a level and it would just stay there. Even if someone comes along with a billion dollars and buys bitcoin, it is not going to make a change unless market agrees to it, we could easily eat up that 1 billion dollars by all small fish selling theirs right away countering it. So, every single trade matters when it comes to moving the price.

I agree that as a trader everyone contributes but I always feel there are some other reasons behind the drop and lifting of the price because there is no way we average traders or even whales can cause such swings. Recently the lift might be because of the paypal news but that is the only reason I can think about.

[EdenHazard]

I would we can refer the term to whales and institutions as manipulators instead of people moving the price as its not just the Bitcoin value they are manipulating but rather the emotions of thousands of new users who recently joins crypto space as well as those who have already invested into Bitcoin, it's really disheartening to see most trusted crypto is manipulated just like that, this needs to be stopped but unfortunately we cannot do much since noone has control over it nor can we have any restrictions.

Traders or fund managers of different companies especially the big one's manipulate the market, they give great impact in price movement so we better be always active whenever there are news in a certain crypto project that can affect their price. Sometimes this movements were good as we can see that we invested in a good coin since they are actively tradable by many.

Just because those people with large amount of money has a big impact doesn't mean they are manipulating the market.

We are all do responsible on the market moves but the one who trigger whether to go up or down .. it's someone who experienced enough to dance through the charts.
Or could be done naturally without have any trigger.

[Ridwan Fauzi]

That is true, they start to buy buy bitcoin with a large amount and make many retail trader do the same thing. So, I just thinking that increasing or decreasing price is not only do by whales but all user who have bitcoin especially traders. You can also change the market movement if you have bitcoin, when you sell or buy bitcoin then the we can see a price will move. I have no more information about where they trade, but if you join on this telegram t.me/whalebotalerts you will know how trader got a huge on some exchange by liquidation price on future market.

[Oceat]

Movements that occur due to activity in the market, are not about whales and or anything else because what happens next or that amplifies market movements is due to increased supply and demand. The panic from buying and selling is what can ultimately make prices fall hard or even rise quickly, because a trend that occurs will make the movement more significant.

That's right, traders all over the world is making the price to move it's either FOMO or FUD the supply and demand will follow. So the current trend we are in is the bullish trend and there has been a FOMO going on why the price is increasing plus the positive news more people adapting Bitcoin due to the hype of PayPal recently. If any other bigger company would try to enter the crypto market then that will create a huge demand and the would suddenly rise.

[Fatunad]

Movements that occur due to activity in the market, are not about whales and or anything else because what happens next or that amplifies market movements is due to increased supply and demand. The panic from buying and selling is what can ultimately make prices fall hard or even rise quickly, because a trend that occurs will make the movement more significant.

That's right, traders all over the world is making the price to move it's either FOMO or FUD the supply and demand will follow. So the current trend we are in is the bullish trend and there has been a FOMO going on why the price is increasing plus the positive news more people adapting Bitcoin due to the hype of PayPal recently. If any other bigger company would try to enter the crypto market then that will create a huge demand and the would suddenly rise.

Adoption in short!

We do need this which would really be a solid driving force for bitcoins price to rise up even more in upcoming years to come.

We are even hitting its previous ATH considering that only Paypal had only accepted as a big company in terms of finance sector.How much more if other big companies will do join the wagon?

It all matters with the demand which is simply being taught on simple economics class.

[CryptopreneurBrainboss]

so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Firstly there's a lot of emotions having its way in the crypto market which is why the FOMO and fud word are a big thing here. The whales irrespective of where they're trading can have an effect on how the market react simply by making use of the media to push their selfish intentions. They can either crash the market by creating a bearish scenarios or pump it by making it look like they are buying coins and holding.

Whales do trade on exchanges that regular traders can be found too. A perfect example is the Binance exchange, we have numerous whales on the platform. There are numerous things that contribute to the movement of bitcoin, the obvious first pick has as to be because of the scarcity of the coins. We'll be having just 21millions and as a result of holding, most of those 21 millions coin won't be available for trading.

The manipulation by whales aren't a major reason but it also contribute heavily since it's obvious money controls the market and who has it has the power to direct the movement of the market to its will.

[proTECH77]

Many trader never still know, that supply and demand are the one that move the price of the market.
There is a law of demand and supply that says, when the price of a commodity increase in the market, show that there are few supplier in the market, and when there is much supplier in the market, it make the price of a commodity reduce in the market. Demand and supply move price of the market either increasing or decreasing because once the supply is higher than demand, it reduce the price of bitcoin but when the demand is higher than supply it move the price of bitcoin to increase in the market.
According to some researcher who really understand the price of bitcoin very well, always make use of the law of supply and demand to make a good profit in the market place. Demand increase the price of the market, when the supplier are low in the market while the supplier reduce the price of the market when the demand are very few in the market.

[Ryker1]

^[snip]
Many trader never still know, that supply and demand are the one that move the price of the market.

Well, the truth is here -- bitcoin price was based on the demand and supply, perhaps whales are one of the reasons that bitcoin price moved in any direction they want but that is not easy as that. They need a massive number of bitcoin just to move to have an effect on the market price. However, whales do trade too but I think that is a separate amount from the amount they want to play in the market. In fact, there are various ways how to manipulate bitcoin price, by spreading FUD news that makes people panic and selling.

[Janation]

Yes, please want to sell bitcoins at any price, as long as he can wait until he is old. High price creeping pattern with long queues as if we were gambling. Suppose we have bought bitcoin for $ 15,000, and want to sell it in a queue for $ 25,000, but we are not sure to hit that price. he was more likely to use instinct than to read market charts.

Usually, we really follow our guts.

It is true that we are also analyzing the market but despite the indicators the price chart has, we can't actually say that it will happen 100%. We follow what we feel or what our gut says. The question, who moves the price of Bitcoin, the answer is us investors. Whales can manipulate the price but all of us gamblers are the one pushing and pulling it down.

[Sterbens]

Yes, please want to sell bitcoins at any price, as long as he can wait until he is old. High price creeping pattern with long queues as if we were gambling. Suppose we have bought bitcoin for $ 15,000, and want to sell it in a queue for $ 25,000, but we are not sure to hit that price. he was more likely to use instinct than to read market charts.

Usually, we really follow our guts.

It is true that we are also analyzing the market but despite the indicators the price chart has, we can't actually say that it will happen 100%. We follow what we feel or what our gut says. The question, who moves the price of Bitcoin, the answer is us investors. Whales can manipulate the price but all of us gamblers are the one pushing and pulling it down.

You are right, that we often trade on instinct and until recently it was quite effective. yes maybe because I am not good at reading market movement charts. even so we also often seek and ask those who understand better in the field of trading. however, it is difficult to predict the exact price, and the fact is that even scholars in analyzing trades often corroborate their claim, that this prediction is not completely correct and correct. To be sure, whoever drives the market is us and investors, miners, company owners, and many more, even robots and designed to manage the ups and downs of prices. it all depends on demand and sales.

[Krabby]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Actually they are not doing much at OTC, They just move Bitcoin to Cex and start manipulating it.  The proof is that you can see before the market was sold off, At whales alert there were many big Bitcoin transactions being moved from private wallet to exchange.  Then the Whales drastically sell off and lag the exchanges, most commonly in Binance.

[acener]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Everyone who have Bitcoin could participate on price movement.
Even small time crypto trader could be part of it, It isn't just the whales every one who is trading are contributing to the price movement.
The small holders could also move the market FOMO and FUD could make the people coordinate.

[CryptopreneurBrainboss]

Many trader never still know, that supply and demand are the one that move the price of the market.

You're correct but lets look at those two words individually, demand don't just happen there must be a reasonable why the demand of a particular asset is increasing which creates fomo. Now those who're responsible for this are the media platform and they rely on the movement and investment decision of whales to bring about their speculations of the market.

Currently big firms are buying bitcoin as reserve investment and the media platform are airing this which brings about a positive energy into the market. Now assuming it was the other way round when whales addresses are noticed to be moving their coins to exchange then the sentiment would had been different as the speculations would had been towards a market selloff.

[Dorodha]

Bitcoin ranks high in crypto exchanges It's price increases on the basis of supply of demand. But when the market whales suddenly try to pump for a very short time, the price of the currency drops a lot. After their detrimental effect on every currency. Many traders are at a loss when comes to investing because whales are pumped too fast they cannot survive in the market for very long. The demand for Bitcoin is always high so even if the whales take the price bitcoin doesn't take long for bitcoin to rise as demand increases.

[justdimin]

You can find a "reason" for the demand but it doesn't change the fact that it is still demand that increases the price of bitcoin. Considering companies who spend hundreds of millions of dollars on buying bitcoin won't do that on any regular market like binance but will do that OTC even if from multiple sources, that means it is not going to be seen in the market and change anything, it will be private and not change the price.

However their "news" could impact the price, which I do not think matters all that much but many people assume it impacts the price for some reason, that still means we needed a reason to increase the demand and that increased demand caused it to go up. So as long as there is any demand, the price will go up, doesn't matter what the reason is.

[Shasha80]

The ones that can move the price of Bitcoin are of course those who have large amounts of Bitcoin, usually large companies
and whales that make the Bitcoin price move. The problem is how to increase demand for Bitcoin, so that many large companies
buy Bitcoin. If many companies buy Bitcoin, it will definitely make the Bitcoin price go up even more.

[Krabby]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Demand dude.. it's always has been the demand. Even the high companies that adopts and uses Bitcoin wouldn't give such pump impact if the demand would be lesser. Trading tends to depends on how much the liquidity is and what would be the demand. Once they are both huge, expect the market either going sideways or up above. Hence, it's not really "who" that moves the price, its "who are".

Meanwhile, whales do also have a huge effect in the price, but it will be much effective when it would be combined with proper marketing and social media articles to hype up the people, making the demand go more and more.

It's not really a need. As far as I know crowds are people who have a lot of money, but are very passive. Because they're all alone hunting and that won't make a big wave.
I think that the institutions that manipulate the crypto market are the main reason. KOLs, also known as whales, always post on their social media sites to shill or fud about Bitcoin according to their strategy. That makes the crowd skeptical about the price of Bitcoin, then whales just use an amount of about 1000-2000 BTC is enough for the crowd to sell off.
So Bitcoin sell-offs or pumps are all related to the psychological manipulation scheme of the crowd, not according to demand.

[Mrengage]

Bitcoin is one coin I don't think an individual can push the price, I believe you know the Happenings around the globe, Fundamentals can push a coin so hard you wont expect. Just like we have the altcoins season. Previously we have seen how the market crashed so serious that lots of traders pull out due to all the FUD (bad news) which is still another act of Fundamentals.

[Yamifoud]

We can point to a person who did this, not the whales but all of us who are involved in the crypto space.

We are a part of these changes, people never dump their Bitcoin, companies are accumulating more, and whales are in the support. The market price moves high as we all make such inflation. But the question is, how these people keep on holding? It for sure someday one of them will dump their Bitcoin and that it starts people to sell then (panic selling).

I hope I can no longer hear FUD's this time as this is usually the cause of dumps and panic selling.

[death69]

We can point to a person who did this, not the whales but all of us who are involved in the crypto space.

We are a part of these changes, people never dump their Bitcoin, companies are accumulating more, and whales are in the support. The market price moves high as we all make such inflation. But the question is, how these people keep on holding? It for sure someday one of them will dump their Bitcoin and that it starts people to sell then (panic selling).

I hope I can no longer hear FUD's this time as this is usually the cause of dumps and panic selling.

I agree with your point. We are the cause in accretion of bitcoin and we will continue to do this as long as bitcoin exists

The volume of bitcoin is very stable and I can ensure that there will be no FUD in the near future. Today, investors are smarter and they will not let 2017 happens again. Therefore, try to accumulate more bitcoin if you want a really good profit.

[matchi2011]

Bitcoin is one coin I don't think an individual can push the price, I believe you know the Happenings around the globe, Fundamentals can push a coin so hard you wont expect. Just like we have the altcoins season. Previously we have seen how the market crashed so serious that lots of traders pull out due to all the FUD (bad news) which is still another act of Fundamentals.

FUD's really hurt the  market since everything under crypto market are mostly based from speculations, people mostly being moved
by news and certain trends that happened around the market.

For now, it base from how supply and demand works, the more traders the more it will move from both directions, more holders means
more chances of high value while more dumpers means lower value.

[seleme]

We can point to a person who did this, not the whales but all of us who are involved in the crypto space.

We are a part of these changes, people never dump their Bitcoin, companies are accumulating more, and whales are in the support. The market price moves high as we all make such inflation. But the question is, how these people keep on holding? It for sure someday one of them will dump their Bitcoin and that it starts people to sell then (panic selling).

I hope I can no longer hear FUD's this time as this is usually the cause of dumps and panic selling.

Big guys buy/sell the BTC in batches and small traders just contribute to the demand/supply. One day the buy order turns out to be a sell limit order or vice versa. The HODL is not always an option and the traders in financial organizations are smart enough not to sell early before the real market trend. This is the key answer to your question, IMO. The sell and buy stop-limit orders can be a life savers of the traders in volatile crypto markets if applied correctly but not all crypto traders have the same level of deep market experience.

[Zemomtum]

New institution, big investors and newcomers that are just getting into digital currencies' era are the one that moves the price often. The demand is higher than the limited supply of BTC, there is nothing we should expect than the price to drive crazy as we are having it presently.

[tbterryboy]

It’s not really the exchange that is setting the price, it’s more like the market is the one that determines the price of the cryptocurrency. Have you tried to check the price of Bitcoin on different exchanges or websites on a particular day? If you check you’re going to notice that the prices they are setting is usually different.

Exchanges are setting their own price of Bitcoin depending on the activities on their platforms. So, it’s then up to Indexes to gather the prices from all of these exchanges and then they will use what they have gathered to average the price you will see. I think you should look for an article that’s going to break this down properly for you to understand.

[New.in.trading]

I believe in BTC USD the real market mover is Emotion and media hype. So to me, the question is, who controls the emotions and triggers the hype?

The whales should be aware of the sentiment, and try to control the news and the emotions just the same. The can achieve this by flooding the market with their BTCs, or by buying whatever is on the table. Every now and then, they will use some Supply and demand techniques, to keep retail traders interested, but after all, they only want to grow their accounts. As they have the power to control supply and demand, they have the power over emotions, such as FOMO. What they have not much control over is, the social acceptance of BTC in the world, but they should be trying to get involved there as well.

So right now, if I was a whale, I would pay a shitload of so called experts and reporters and magazines, to get some FOMO going in the markets. Then I could sell some of my BTCs to all the FOMO guys and aquire more and more BTCs as time passes by.

Do not forget that banks are also trying to control BTC prices, with their futures... and the doe have a shitload of money to short the hell out of BTC.

[$crypto$]

New institution, big investors and newcomers that are just getting into digital currencies' era are the one that moves the price often. The demand is higher than the limited supply of BTC, there is nothing we should expect than the price to drive crazy as we are having it presently.

Whales are often the cause of the price movement of bitcoin and when there are also new investors and users of bitcoin, the demand becomes high so definitely the price also increases. There are times also that bitcoin price suddenly dump it is because whales tend to dump bitcoin and makes the people in the crypto market rush to buy bitcoin at its low price.

Maybe with now a lot of new investors are arriving and the demand is increasing and there are few whales under control it could be, but what causes this can happen when the pump has to be at the end of the year?
Now it's so easy to go up to a higher level maybe the whales have already prepared how to do it I don't want it to be the previous thing when new investors enter and the price is just thrown away, this is what we need to correct which will be a big risk .

[maldini]

They believe it's a finished mop up and wouldn't have any desire to miss a bit of the cake. You know, that is the reason a great deal of brokers and little speculators will purchase in at ATH without knowing it. I think trades themselves address consideration at whatever point an immense cost spike shows up, iirc simply like in the accident back in March, a few trades didn't permit exchanges to experience because of the gigantic accident that occurred.

[yohananaomi]

New institution, big investors and newcomers that are just getting into digital currencies' era are the one that moves the price often. The demand is higher than the limited supply of BTC, there is nothing we should expect than the price to drive crazy as we are having it presently.

the huge demand from traders who have seen that the prospect of what will happen with bitcoin is in sight, so they will not miss this opportunity in an instant.
We know that after the halving, it is certain that the supply will decrease so that the price clearly cannot be controlled anymore because of the considerable demand.
it could even be that next year the price will be crazier than it is at this time it could be even greater when 2017 experiences that increase.

[blckhawk]

The ones that can move the price of Bitcoin are of course those who have large amounts of Bitcoin, usually large companies
and whales that make the Bitcoin price move. The problem is how to increase demand for Bitcoin, so that many large companies
buy Bitcoin. If many companies buy Bitcoin, it will definitely make the Bitcoin price go up even more.

Definitely, so in short the rules of demand and supply. Whales, institutions, and us the normal buyers could technically have an impact on the price movement of Bitcoin.
Whales do really make drastic changes in the market, if they dump their holdings expect that there will be a higher supply means Bitcoin will fall and vise versa if they procure, they are more likely the biggest manipulators followed by institutions or big organization and then us the contributors. Those big individuals are the one who made a trend and we are just going along with it

[el kaka22]

You can find a "reason" for the demand but it doesn't change the fact that it is still demand that increases the price of bitcoin. Considering companies who spend hundreds of millions of dollars on buying bitcoin won't do that on any regular market like binance but will do that OTC even if from multiple sources, that means it is not going to be seen in the market and change anything, it will be private and not change the price.

However their "news" could impact the price, which I do not think matters all that much but many people assume it impacts the price for some reason, that still means we needed a reason to increase the demand and that increased demand caused it to go up. So as long as there is any demand, the price will go up, doesn't matter what the reason is.

Whenever people say these type of things for any market, I imagine like there is this "consortium" of people whose faces we do not see in their suits all trying to ruin the markets for people while trying to make themselves rich to control the world and destroy the humanity as we know it making everyone their slaves. Then I realize, well that is basically what it is right now, sure we get like salaries and we can resign from any job we want and move to other job, but looking at the world, there are few thousand families who basically control everything and we are slaves to them, they just pass us between each other and that's about it.

So, I am sure some of them controls or will control the bitcoin price as well one day making us think we have a choice or we matter but in reality, all of that will be fake.

[cheezcarls]

I believe that the crypto whales are the ones that manipulate and control the market (and maybe a bit on institutions like Paypal, JP Morgan, etc.). They would simply took advantage of the news that is going on in the cryptocurrency market. If there’s good news, they’re gonna pump it. But if not, it goes the other way around like what happened most of 2018.

[Dollar_Hunter]

an interesting question, Bitcoin is the same system as gold, if gold is physical,
it's the opposite, bitcoin is without physical, which is of course because of market demand,
if bitcoin is increasingly popular then the market moves quickly too, just like gold.

[Renampun]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Market demand is the strong reason Bitcoin bullish...
Bitcoin is in hype and it is predicted that it will pass through ATH so many are afraid to miss the moment. investors with small capital many appear in the current hype, demand for Bitcoin will continue to increase until the end of the year.

[wiss19]

New institution, big investors and newcomers that are just getting into digital currencies' era are the one that moves the price often. The demand is higher than the limited supply of BTC, there is nothing we should expect than the price to drive crazy as we are having it presently.

This is what makes me crazy thinking why the price goes down then?
I mean the supply is always going to get smaller then why at times there are big price drops because there is no reason why any whale would dump their coins and if even they do, it is not possible to move the market by much.

[Inspiron14]

the direction of the crypto currency market this year is clearly different from 2017,
in 2017 the direction of the crypto market was mentioned like a bubble, but this year I did not hear a bubble,
and it must make us all happy that what moves the market is not a big institution, or the whale, but the market itself.

[Hamphser]

the direction of the crypto currency market this year is clearly different from 2017,
in 2017 the direction of the crypto market was mentioned like a bubble, but this year I did not hear a bubble,
and it must make us all happy that what moves the market is not a big institution, or the whale, but the market itself.

In short, this market cant really be that easily manipulated due to the supply had been scattered on the entire community.

Well, there are big institutions or whales that might be accumulating much more coins than on typical ones but at least you can guarantee that there are

lots of people who do get engage with it which basically means that there is indeed a demand.Comparing price movement in 2017 and 2020

is really different in terms of organic growth compared to a bubble.

[proTECH77]

Buyers and sellers move the price of bitcoin in the market. Many traders buy their coins when the price of bitcoin is low, for them to sell when the price of bitcoin is high in the market, show that it is time to make a good profit in the market. Sell when the price is high, will really help you to make a good income from your trade.
Bitcoin is still rising in the exchange market, that is causing other cryptocurrencies to reduce since we enter pandemic that make so many currencies devalue during the period of corona virus in the country. Since the price of bitcoin is still high, show this is the season to make a good profit from bitcoin trade in the market.

[Nellayar]

Not just who but "what" actually moves the price of bitcoin.
Market players are the one that dictate the bitcoin price. How they interact in the market, either they deal to the price, push the price or wait until the price moves to their desired number. But news is the thing that triggers the price of bitcoin. The potential to beat its ath is because of its news, such as paypal and bitcoin halving news. From the time that the catalyst is release in public, market players react according to what the trend wants to be. That is why, bitcoin is continuously moving.

[jaberwock]

It’s not really the exchange that is setting the price, it’s more like the market is the one that determines the price of the cryptocurrency. Have you tried to check the price of Bitcoin on different exchanges or websites on a particular day? If you check you’re going to notice that the prices they are setting is usually different.

Exchanges are setting their own price of Bitcoin depending on the activities on their platforms. So, it’s then up to Indexes to gather the prices from all of these exchanges and then they will use what they have gathered to average the price you will see. I think you should look for an article that’s going to break this down properly for you to understand.

Yeah market determines the price and actually the price of Bitcoin on different exchanges is very close and that is because there are traders who have buy and sell orders on multiple exchanges so if the liquidity is disturbed they take advantage of that but it also stabilizes the market.

For example, if Binance has $20k for BTC and other exchange has $19.8k then there would be traders taking advantage by buying at 19.8k until the 20k is reached so they take advantage and the market stabilizes.

[Kong Hey Pakboy]

People who buy bitcoin are the ones who move and manipulate the price of bitcoin, but whales are sometimes the reason when bitcoin is making a huge movement to its price because they are the ones who hold the large number of bitcoins. It is why when the price is high they start to sell their bitcoins, and if when the price is low they start to buy bitcoins.

[tvplus006]

People who buy bitcoin are the ones who move and manipulate the price of bitcoin, but whales are sometimes the reason when bitcoin is making a huge movement to its price because they are the ones who hold the large number of bitcoins. It is why when the price is high they start to sell their bitcoins, and if when the price is low they start to buy bitcoins.

The expected correction of bitcoin, which began yesterday, brought 183 thousand traders liquidations worth $ 2 bill. It is in such dumps that whales earn a lot of money. By Dumping their coins, whales start a downward movement, which continues due to panic and triggering stop-loss orders.

[cryptolord2077]

The expected correction of bitcoin, which began yesterday, brought 183 thousand traders liquidations worth $ 2 bill. It is in such dumps that whales earn a lot of money. By Dumping their coins, whales start a downward movement, which continues due to panic and triggering stop-loss orders.

May I find out on which resource you take such statistics?
Fun fact how much BitMex dropped on the list after all the controversial Arthur Hayes story. It seems that the lion's share of BitMex users have switched to Binance.
Large liquidations undoubtedly continued to move down, but who exactly became the engine.

[lxiaoh]

The price of BTC lift quickly suddenly, i think there must be a plan, and this plan must have been well thought out, several big whales, or dozens of, even more stand together to operate BTC up plan. More and more peole would join this BTC up plan when BTC break through some point, and then it is going to work by itself.

[TastyChillySauce00]

The price of BTC lift quickly suddenly, i think there must be a plan, and this plan must have been well thought out, several big whales, or dozens of, even more stand together to operate BTC up plan. More and more peole would join this BTC up plan when BTC break through some point, and then it is going to work by itself.

There must not be a plan as the market is steadily growing without even needed a plan before. More and more parties realize how good bitcoin to be used as long term investment especially to fight inflation.
The whales are also still buying more and more bitcoin. The good news will be enough to make more and more people buy bitcoin.
We don't need a plan but we need more adoption from the institutional investors.

[AliMan]

The price of BTC lift quickly suddenly, i think there must be a plan, and this plan must have been well thought out, several big whales, or dozens of, even more stand together to operate BTC up plan. More and more peole would join this BTC up plan when BTC break through some point, and then it is going to work by itself.

There must not be a plan as the market is steadily growing without even needed a plan before. More and more parties realize how good bitcoin to be used as long term investment especially to fight inflation.
The whales are also still buying more and more bitcoin. The good news will be enough to make more and more people buy bitcoin.
We don't need a plan but we need more adoption from the institutional investors.

This month of November is the fulfilment of the good news which also heard two years ago. After last bullrun, history between alts and bitcoin really shaken the entire cryptocurrency world even other platforms like waves definitely brought up a good tracks. Whales really played a big role for this phenomenal bitcoin price, without them I don't think this progress will commence.

[Question123]

Actually we are the one who moved the bitcoin value when it increased it means we are buying lot and if the price down more people are selling or panic their bitcoin.

Movement of the bitcoin is depends on us on how many demands in the bitcoin the more demands the more chance to rise it like what happened right now a lot of user are buying bitcoin but the big impact with that is a project who helpful to increase a value of the bitcoin the more partnership to this coin the more chance to rise it.

[tvplus006]

May I find out on which resource you take such statistics?..

These statistics were published on almost all sites that specialize in cryptocurrency. You can view more detailed information on this site: https://www.theblockcrypto.com/linked/85832/bitcoin-price-crashes-liquidated?utm_source=cryptocompare&utm_medium=rss The largest number of liquidated positions in the amount of $ 837 million was on Binance.

[qwertyup23]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Whales play a major role toward the movement on the price of bitcoin. Since they own majority of the supply, they may be able to manipulate the market by purchasing/selling their shares depending on their goal (law of supply and demand).

Another factor that contributes to the price movement are consumers and users, in general. Due to bitcoin's limited supply, the more coins are being mined the prices and transaction fees increase on the market. In addition, the government may contribute to the price depending on their prohibition or laws relating to the adoption of cryptocurrencies.

[CaVO32]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Whales play a major role toward the movement on the price of bitcoin. Since they own majority of the supply, they may be able to manipulate the market by purchasing/selling their shares depending on their goal (law of supply and demand).

Another factor that contributes to the price movement are consumers and users, in general. Due to bitcoin's limited supply, the more coins are being mined the prices and transaction fees increase on the market. In addition, the government may contribute to the price depending on their prohibition or laws relating to the adoption of cryptocurrencies.

All summed up, it is combination of those factors you mentioned. I don't think there is specific group that can truly influence the market. Unless, those whales will unite and decide what to do with their holdings. But not likely to happen as I don't think they are talking to each other about what to do with their holdings. So in my opinion, it is the fusion of those crypto stakeholders.

[Vaskiy]

There is no one specific to move the price of bitcoin. As per my understanding it is the combined input from users, investors, large scale firms, developers, exchanges, etc. This time the price is being moved by the whales who hold large volume of bitcoin to create some panic wave to profit out the small volume holders of the cryptomarket. If this is caused by the Whales the growth won't happen soon, and if it is price correction just be happy for the upcoming growth.

[jostorres]

The price of BTC lift quickly suddenly, i think there must be a plan, and this plan must have been well thought out, several big whales, or dozens of, even more stand together to operate BTC up plan. More and more peole would join this BTC up plan when BTC break through some point, and then it is going to work by itself.

The whales/sharks and other big names do not exist in the market and their influence is now minimized and they cannot control the market as they might have been able to do 3 years ago when we reached the ATH. Also each time a whale dump their coins we have the market more liquid and secure because the ideal market scenario is when the number of investors are high and the amount of coins in the hands of single investors are less.

I don't think there was any plan or anything neither any whales combined it was just the market demand that led to the bull run and aided by the fact that we are already into the end of 2020 also aided by the corona virus being slowed down now so economy is recovering and investors are coming back now.

[TheGreatPython]

People who buy bitcoin are the ones who move and manipulate the price of bitcoin, but whales are sometimes the reason when bitcoin is making a huge movement to its price because they are the ones who hold the large number of bitcoins. It is why when the price is high they start to sell their bitcoins, and if when the price is low they start to buy bitcoins.

I do feel there are other reasons as well because I mean the coins are not moved recently from the rich list as far as I know and the price keeps rising and dropping so it means the whales are not the only reason behind the mystery of the bitcoin pricing. It might be organizations who buy big amount and pump the price and then sell and make profit.

At times bitcoin price gives me goosebumps because how quickly things can change and there is not even a single guy who can confidently and correctly predict the movement direction let alone the amounts and how long it would continue.

[wiss19]

Actually we are the one who moved the bitcoin value when it increased it means we are buying lot and if the price down more people are selling or panic their bitcoin.

Yeah, it is like one impacts everyone and everyone impacts one basically, as we make any order we directly impact the market for everyone and everyone who trades impact the market for us. I don't think everyone sells in panic though because people naturally also sell their coins when they need money or they feel the price is exaggerated and is about to drop so that they can buy at cheaper price again.

Movement of the bitcoin is depends on us on how many demands in the bitcoin the more demands the more chance to rise it like what happened right now a lot of user are buying bitcoin but the big impact with that is a project who helpful to increase a value of the bitcoin the more partnership to this coin the more chance to rise it.

The biggest comes from huge investments like PayPal buying 70% of the new coins that are being mined which creates massive public demand for Bitcoins and hence the price keeps rising and once demand stops a correction happens often termed as bear run.

[Majharul Saiif]

When demands are more than supply then the prices rise, and when the supplies are more than demand then prices fall. Simply it's happening around the world in every stock market and digital currencies. In my sense actually, supply and demand move the prices of BTC. There are some other factors like whale investors, the international economy changes, allow or deny by any government, etc.

[ropyu1978]

When demands are more than supply then the prices rise, and when the supplies are more than demand then prices fall. Simply it's happening around the world in every stock market and digital currencies. In my sense actually, supply and demand move the prices of BTC. There are some other factors like whale investors, the international economy changes, allow or deny by any government, etc.

Demand and supply move bitcoin price, but its depend with some one have much money and could change how to make much supply and demand with their money, I think if have much money I will control how to make bitcoin or altcoin price, its simple when do you much money you can make bitcoin or altcoin depend with price do you want, if you wanna make bitcoin pump you will buy much bitcoin and hold it, when you sell your bitcoin assets price down.

[darewaller]

there are traders who have buy and sell orders on multiple exchanges so if the liquidity is disturbed they take advantage of that but it also stabilizes the market.

For example, if Binance has $20k for BTC and other exchange has $19.8k then there would be traders taking advantage by buying at 19.8k until the 20k is reached so they take advantage and the market stabilizes.

I understand that there are big players in the market but we should remember that many big players also uses OTC as well. Do you really think you could just put 500 million dollars into binance and buy bitcoin? That is nearly impossible, I mean technically speaking it would be possible but you would be losing tens of millions of dollars along the way because you would destroy the market or would have to spend months buying it.

But, when you arrange something WTIH binance itself, they make a ton of money from trading fee's but can't sell it to market right back that easily, so grayscale buys directly from binance and does an OTC deal which helps them. Names are examples but it really does happen like that so the whales do not change the price that much the way you think.

[Janation]

People who buy bitcoin are the ones who move and manipulate the price of bitcoin, but whales are sometimes the reason when bitcoin is making a huge movement to its price because they are the ones who hold the large number of bitcoins. It is why when the price is high they start to sell their bitcoins, and if when the price is low they start to buy bitcoins.

We all know this but to be honest, all of the dumps that happened in the past were either because of hackers hacking exchanges and these hackers and scammers dumping it to mixers.

We can't call them whales because all of those cryptocurrencies were just stolen or scammed. Some of the upward movement is because of some group or an individual buying Bitcoin. I don't know if there is an actual person or an individual that actually sold or manipulated the price but we know that it is a possibility, we just don't know if that actually happened.

[bearexin]

Liquidation is not really that important, you could have lower liquidation and still go up as well. However it is obvious that people would cash out, but remember even though fiat gets removed from the market, the bitcoin number always stays the same which means even if some people left the market, that means someone else bought their coins and we are still doing fine as well.

So, it is not really big deal because even though there are some people who wanted to get out, that also means there were some people who wanted to stay involved and that is the important part. Now the market has more % number of people who want to stay and who believes in bitcoin, and as long as we have higher and higher percentage of those people the price will keep going up.

[JooBra]

Liquidation is not really that important, you could have lower liquidation and still go up as well. However it is obvious that people would cash out, but remember even though fiat gets removed from the market, the bitcoin number always stays the same which means even if some people left the market, that means someone else bought their coins and we are still doing fine as well.

So, it is not really big deal because even though there are some people who wanted to get out, that also means there were some people who wanted to stay involved and that is the important part. Now the market has more % number of people who want to stay and who believes in bitcoin, and as long as we have higher and higher percentage of those people the price will keep going up.

You mean if more and more traders will choose bitcoin among other coin that is the reason why it pumps? maybe yes but as what can we see for example in binance, there are some huge sell and buy orders amount that simply we can "walls", if these walls will broke we can say that price might go up or goes down, recently the wall for bitcoin breaks and makes the bitcoin price dip from nearly 20k now from what last time I saw is nearly 18k.

All what you said is right and because of that "walls" we will stay under 20k. The price will be tested a few times before it breaks and then it should move up a bit more until it hits new wall. That is my opinion. There are a lot of factors which move the price. Big holders, hype, general economy, big news... all impacts the price.

[BALIK]

Prices are not moved by individuals, unless they're big time whales. Any market price is moved by supply and demand.  The shorter the supply and the higher the demand the more pricey it gets to purchase a coin. The opposite is true, of course. Simple economics!

[BTCappu]

There are people who are speculators and manipulators which does have an impact, all these huge moves are things we all do as community, nobody is powerful enough to bring bitcoin from 9k levels to $20k levels, nobody has that kind of money neither, you have to be warren buffet to bring that much money and invest. However when we have like $11.2k to $11.8k type of moves back in the day, that could have been people who are speculators and manipulators, they do not really make those kinds of moves because they can, they do it because they also want to and it profits them.

There are tons of reasons like for example short/long futures where if you have enough money you could liquidate others money and make it your own very quickly with just one pump or dump you could provide.

[kakonhat]

Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is?

Firstly It's not necessary all Whales will sell using OTC. They can use various exchange at a time to sell their BTC and they do that.
Secondly, any kind of trades is effective to change the Bitcoin or other cryptocurrencies prices.
And lastly, Whales are responsible to change the Bitcoin price.

[angrynerd88]

These are not only Whales who alone move the market. In my opinion whales are the foremost seen speculator is since they move huge sums, but that's it. In case you were to check the thousands of financial specialists, at that point they might effortlessly outperform the sum of anything a whale contributes at one time. It is also game of demand and supply some time more demand and less supply which affect the price.

[crzy]

These are not only Whales who alone move the market. In my opinion whales are the foremost seen speculator is since they move huge sums, but that's it. In case you were to check the thousands of financial specialists, at that point they might effortlessly outperform the sum of anything a whale contributes at one time. It is also game of demand and supply some time more demand and less supply which affect the price.

Most of the time its demand and yes whales are not the only one because they only move if they will manipulate the market, after that they are just waiting in the market for their perfect timing. News, updates and adoption also increases the chance of a price movement, this is very common and yet hard to predict after all.

[Teraboy]

These are not only Whales who alone move the market. In my opinion whales are the foremost seen speculator is since they move huge sums, but that's it. In case you were to check the thousands of financial specialists, at that point they might effortlessly outperform the sum of anything a whale contributes at one time. It is also game of demand and supply some time more demand and less supply which affect the price.

All of parties were getting involved in the bitcoin price movement. The whales itself were driving the demand to pump and dump the bitcoin. Sometimes a dump or pump that came from the big party can drive the market. We will see another big party will try to drive the price of bitcoin down with 150k bitcoin have possibilities to be dumped into the market.
The demand and supply will drive the interst from the various parties to buy bitcoin.

[lepbagong]

These are not only Whales who alone move the market. In my opinion whales are the foremost seen speculator is since they move huge sums, but that's it. In case you were to check the thousands of financial specialists, at that point they might effortlessly outperform the sum of anything a whale contributes at one time. It is also game of demand and supply some time more demand and less supply which affect the price.

Most of the time its demand and yes whales are not the only one because they only move if they will manipulate the market, after that they are just waiting in the market for their perfect timing. News, updates and adoption also increases the chance of a price movement, this is very common and yet hard to predict after all.

maybe it is true my friend said, we cannot ignore that the whale will always play and speculate to move so that what you want can be achieved and get what you want. there are many ways they can move for their interests because they are able to do that. but we also cannot underestimate the traders who can also make moves that can match what the pope has been doing. because they also have current experience.

[South Park]

Prices are not moved by individuals, unless they're big time whales. Any market price is moved by supply and demand.  The shorter the supply and the higher the demand the more pricey it gets to purchase a coin. The opposite is true, of course. Simple economics!

If we get technical the price is in fact moved by individuals, but it is the summation of each individual trade that moves the market, after all when we are trading we are all looking for the same which is to obtain profits and pretty much look at similar indicators, so when a trader decides to sell there are many traders that already decided to do the same and this pushes the price down as the demand decreases and the supply increases, it is simple economics as you say but one that is fascinating.

[MCobian]

The simple answer is indeed supply and demand that drives the price of Bitcoin, but in order for the Bitcoin price to be controlled its movements
require a lot of money to do this. Therefore if a large company buys Bitcoin in large quantities it can make the Bitcoin price rise, and similarly if
there is a large company that has a large amount of Bitcoin and then sells all the Bitcoin it has, the price of Bitcoin can fall. So price manipulation
can occur and often occurs from whales who do have a lot of money, so the price of Bitcoin can be controlled by whales.

[Quidat]

The simple answer is indeed supply and demand that drives the price of Bitcoin, but in order for the Bitcoin price to be controlled its movements
require a lot of money to do this. Therefore if a large company buys Bitcoin in large quantities it can make the Bitcoin price rise, and similarly if
there is a large company that has a large amount of Bitcoin and then sells all the Bitcoin it has, the price of Bitcoin can fall. So price manipulation
can occur and often occurs from whales who do have a lot of money, so the price of Bitcoin can be controlled by whales.

Manipulation isnt something new for it to happen because it is evidently does in traditional markets that we have known.When it comes or do talks
about the market the this is really just basing off in simple economic class which do talks about supply and demand or between buyers and sellers
on where they are the main or key players on why we are seeing moving prices and it cant really be called market if there would be no people
who do get involved with buying and selling. Thing here is that you do know on how to utilize those movements for your own benefit.

[Issa56]

From what I know I think Bitcoin price is always pump by whales or investors and I think the current bullrun might be cause as a result of more investor trying to invest in bitcoin!!!

[Botnake]

From what I know I think Bitcoin price is always pump by whales or investors and I think the current bullrun might be cause as a result of more investor trying to invest in bitcoin!!!

Whales does not pump bitcoin always, in fact there are only few scenario where we see bitcoin pump compared to dump, but I'm glad we have survive and now this pump bring bitcoin to its ATH. Now, if you'll ask me what's next, I think dump is inevitable.

[fullhdpixel]

From what I know I think Bitcoin price is always pump by whales or investors and I think the current bullrun might be cause as a result of more investor trying to invest in bitcoin!!!

Whales does not pump bitcoin always, in fact there are only few scenario where we see bitcoin pump compared to dump, but I'm glad we have survive and now this pump bring bitcoin to its ATH. Now, if you'll ask me what's next, I think dump is inevitable.

I have always considered it more about the whales impact and not direct. I think when whales sell or buy that doesn't change the price all that much itself, but when they do it and others see or hear about it the impact becomes bigger. If a whale ends up buying 1 billion dollars worth of bitcoin OTC from some other one, the price will not change, it all depends on how much the market and public knows about it.

If public knows about all the big deals, they will definitely make a big case out of it and change the price as well, but when public is unaware of what is going on, they are not going to react and price will be stuck the same. It doesn't matter how much money is moving, it could be a billion dollars, it could be 100 million dollars it all depends on how much public knows. You could buy 1 billion dollars secretly without moving the price at all, or you could buy 100 million dollars worth and make it public and make the price increase.

[gamer4156]

These whales consistently win in exchanging here in digital currency, its the truth things happened that We can't deny, at that point for the normal dealers like me I can't resemble as long as I don't have a ton of cash. The more the market requests something, the higher its cost goes. A basic model here would be something like an Auction.

[Janation]

These whales consistently win in exchanging here in digital currency, its the truth things happened that We can't deny, at that point for the normal dealers like me I can't resemble as long as I don't have a ton of cash. The more the market requests something, the higher its cost goes. A basic model here would be something like an Auction.

They hold the most but I don't think they actually "win" consistently.

Right now most of the corporations or companies hold a huge number of Bitcoin and that might be the reason why the price is still increasing right now. We are not whales, not all of us but they are not the one that actually moves the price all the time. The demand push the value and with the price so high right now, means that the demand is on the roof.

[fauzan123]

Prices are not moved by individuals, unless they're big time whales. Any market price is moved by supply and demand.  The shorter the supply and the higher the demand the more pricey it gets to purchase a coin. The opposite is true, of course. Simple economics!

Bankers or big investors are indeed one of the triggers that can move prices, but I think that only a few people can do it.

Of course the majority of price movements are due to supply and demand so that prices will continue to move according to the determined supply and demand, that's where traders can analyze using indicators or candlesticks that are their references.

[gamer41566]

These whales consistently win in exchanging here in digital currency, its the truth things happened that We can't deny, at that point for the normal dealers like me I can't resemble as long as I don't have a ton of cash. The more the market requests something, the higher its cost goes. A basic model here would be something like an Auction.

Hey can I please have my bitcointalk account back. Thanks!

[Wipeout2097]

Exactly, In brief the rules of request and supply. Whales, educate, and us the typical buyers might actually have an affect on the cost development of Bitcoin.Whales do truly make exceptional changes within the showcase, on the off chance that they dump their property anticipate that there will be the next supply implies Bitcoin will drop and tight clamp versa on the off chance that they get, they are more likely the biggest manipulators taken after by teach or enormous organization and after that us the donors.

[cryptolord2077]

Personally, I don’t believe that Bitcoin moves naturally. Unless one can agree that the GrayScale fund contributed to the movement of bitcoin from $ 22,000 and up.
But what contributed to the move to the 22k level? Especially considering the fact that bitcoin was moving up at rather small volumes.

[jerry0]

Is there a way to know who is buying the btc/selling it right now when looking at an exchange?  Like if someone is offering or wanting to buy a lot of btc... think hundreds or more... you got to assume that is some wealthy or rich person right?  And in the thousands... would obviously be institutions?

[Janation]

Is there a way to know who is buying the btc/selling it right now when looking at an exchange?  Like if someone is offering or wanting to buy a lot of btc... think hundreds or more... you got to assume that is some wealthy or rich person right?  And in the thousands... would obviously be institutions?

I don't know if there is an exchange like that.

If you want to check wallets with thousands and thousands of Bitcoins, go to Blockchain.info and check the transactions that are happening there. You don't know, you might be able to spot a wallet with thousands of Bitcoin in it. There are individuals that hold thousands of Bitcoin, not just institutions or companies. As far as I know, most of them are the early investors.

[zanezane]

Is there a way to know who is buying the btc/selling it right now when looking at an exchange?  Like if someone is offering or wanting to buy a lot of btc... think hundreds or more... you got to assume that is some wealthy or rich person right?  And in the thousands... would obviously be institutions?

Knowing who buys and sells BTCitcoin at the moment will defeat the purpose of blockchain in the first place, which is to hide your identity with each transactions. The only exception is that if that person voluntarily revealed his/her identity.

To answer the question in the title, in my opinion, the price movement is a mixture of supply and demand, and unknown. As the supply decreases (amount of BTCitcoin in the market), the demand increases(the price of BTCitcoin) or vice versa. The unknown is best explained by a quote in the movie Wolf of Wall Street, "Nobody knows when the prices go up, down or side ways"

[iv4n]

Is there a way to know who is buying the btc/selling it right now when looking at an exchange?  Like if someone is offering or wanting to buy a lot of btc... think hundreds or more... you got to assume that is some wealthy or rich person right?  And in the thousands... would obviously be institutions?

Knowing who buys and sells BTCitcoin at the moment will defeat the purpose of blockchain in the first place, which is to hide your identity with each transactions. The only exception is that if that person voluntarily revealed his/her identity.

To answer the question in the title, in my opinion, the price movement is a mixture of supply and demand, and unknown. As the supply decreases (amount of BTCitcoin in the market), the demand increases(the price of BTCitcoin) or vice versa. The unknown is best explained by a quote in the movie Wolf of Wall Street, "Nobody knows when the prices go up, down or side ways"

There's no way to see who is buying/selling, with high buy/sell orders we can assume that someone rich is behind, it can be an ordinary bitcoiner, or some institution...but whom it is it's not so important, what's important is the order!
I agree that some people like anonymity (for all sort of reasons), who likes it more will use Monero, or some other privacy coin, not Bitcoin.
Nobody stops anyone to place any buy/sell order at any price. So actually all traders contribute, of course, the higher amounts make higher waves! So by checking buy/sell orders you can try to predict the size of the next wave and of course the direction of that wave!

[DarkDays]

Prices are not moved by individuals, unless they're big time whales. Any market price is moved by supply and demand.  The shorter the supply and the higher the demand the more pricey it gets to purchase a coin. The opposite is true, of course. Simple economics!

Bankers or big investors are indeed one of the triggers that can move prices, but I think that only a few people can do it.

Exactly, the amount of BTC you need to move the large walls cannot be done by individuals alone. Only a few of us have enough buying power to shift things along.
This leaves big corporations and investors alike that can afford to make these large drops. Every one else is left at their mercy...

[yohananaomi]

Prices are not moved by individuals, unless they're big time whales. Any market price is moved by supply and demand.  The shorter the supply and the higher the demand the more pricey it gets to purchase a coin. The opposite is true, of course. Simple economics!

Bankers or big investors are indeed one of the triggers that can move prices, but I think that only a few people can do it.

Exactly, the amount of BTC you need to move the large walls cannot be done by individuals alone. Only a few of us have enough buying power to shift things along.
This leaves big corporations and investors alike that can afford to make these large drops. Every one else is left at their mercy...

That's right, friend, obviously there will be no individual ability to do that without being supported or done together, at least if doing it yourself is a big trader. Of course there are not many big traders at this time but it really affects what will happen to Bitcoin, especially if they work simultaneously, it must be very pronounced.

it is not easy with already high prices to do something without any cooperation or indeed being done by a large trader. it is very clear that only a few people who may currently have bitcoin reserves. Especially with the recent pandemic, it is clear that it has also affected those who have bitcoin to release because needs are a priority.

[imstillthebest]

Is there a way to know who is buying the btc/selling it right now when looking at an exchange? 

Knowing who buys and sells BTCitcoin at the moment will defeat the purpose of blockchain in the first place, which is to hide your identity with each transactions.

There's no way to see who is buying/selling, with high buy/sell orders we can assume that someone rich is behind, it can be an ordinary bitcoiner, or some institution...but whom it is it's not so important, what's important is the order!

how can we explain those charts with the name of indivduals and companies that owns a number of btc .
how they write that if knowing who sells and buy btc is not  doable .
 sometimes we will hear a news that coinbase , a hacker moves large fund on exchangers , how they know that too ,
  whales or anyone can sell outside the exchangers but that all are counted on the law of supply and demand . depending on the volumes , the price can go down or go up .

[New.in.trading]

One more thing, ppl should really not forget are the BTCUSD Futures. Banks are interested, in pushing BTC price down, as they are the ones with the biggest harm if a decentralized money system would take over the world, right? So in Dec 2017 the banks came up with BTC Futures and shorted them like hell... what happened? right, 2018 happened over time, the banks closed their shorts, which equals in "buying" the futures contract. So I would be careful with buys right now, and wait if the banks who have nearly infinitive money at hand, are trying to short BTC futures again, and this way makes many ppl. sell their BTC as well, what would only accelerate a possible BTC drop. I am not saying this is what is going to happen, but it certainly is a possibility.

So Banks and their Future Contracts have a big interest in moving BTC as well.

[kram31]

These whales consistently win in exchanging here in digital currency, its the truth things happened that We can't deny, at that point for the normal dealers like me I can't resemble as long as I don't have a ton of cash. The more the market requests something, the higher its cost goes. A basic model here would be something like an Auction.

They hold the most but I don't think they actually "win" consistently.

Right now most of the corporations or companies hold a huge number of Bitcoin and that might be the reason why the price is still increasing right now. We are not whales, not all of us but they are not the one that actually moves the price all the time. The demand push the value and with the price so high right now, means that the demand is on the roof.

That is why all rich people who are involved in Bitcoin are the one's who is blessed so much. But if you are just an ordinary trader just like me, it would be difficult for us to have a huge amount of Bitcoin. So, this whaler or investors are the one who is responsible for the motion for what is happening now in the price value in the market.

[Chrystora123]

snip..

Bitcoin is not much different from investment products that are already circulating in the world, the cause of the price rising or falling is of course due to market demand.  Bitcoin price may not go up and down because of the role of 1 person, the conclusion that drives the price of Bitcoin is all of us (buyers, HODLers, and sellers of Bitcoin)..

[1l1l11ll1l]

snip..

Bitcoin is not much different from investment products that are already circulating in the world, the cause of the price rising or falling is of course due to market demand.  Bitcoin price may not go up and down because of the role of 1 person, the conclusion that drives the price of Bitcoin is all of us (buyers, HODLers, and sellers of Bitcoin)..

Btw, no one can control the market. You're right, that the key is demand. when demand increases, there is an increase in a positive trend, which means that the desire to buy bitcoin increases. this is what makes prices go up, in theory. In some cases, bitcoin price can be affected because a large number of BTC holders move their wallets, but I'm not really sure about that

[Joyawan13]

snip..

Bitcoin is not much different from investment products that are already circulating in the world, the cause of the price rising or falling is of course due to market demand.  Bitcoin price may not go up and down because of the role of 1 person, the conclusion that drives the price of Bitcoin is all of us (buyers, HODLers, and sellers of Bitcoin)..

Btw, no one can control the market. You're right, that the key is demand. when demand increases, there is an increase in a positive trend, which means that the desire to buy bitcoin increases. this is what makes prices go up, in theory. In some cases, bitcoin price can be affected because a large number of BTC holders move their wallets, but I'm not really sure about that

indeed it is impossible for one or several people to move the price from bitcoin to a very high price level, this increase in bitcoin price is of course more and more people who want to buy and of course want to invest in it, because in the future more and more people believe that bitcoin can be used as alternative. someone invests and saves for a long time, the more demand and purchase of bitcoin, of course bitcoin will increase at a higher price, even if there will be a decline, of course some people want to sell some of their bitcoin assets at price when rises like now.

[begau]

the interesting question is, who moves and sells a lot of bitcoin in the market? of course whales and some institutions that hold bitcoin, we know that this is trading, and everyone wants to make a profit, even institutions buy millions of dollars in bitcoin, and of course this makes the bitcoin market even more crowded.

Whales and some institutions are only part of the story, we are all involved in it. Market capitalization is over 700 billion dollars, whales want to control is not simple, I agree with a few opinions, demand is still the deciding factor.

[john_nautica]

Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

If you are going to check how the market works or the crypto currencies prices works. Their prices will vary to the buyer or holder, meaning if the demand will grow then the price will also increase.

So the direct answer to your question, the one who actually move the price of bitcoin and other crypto currencies are us who are buying it but those big whales or big investors have the control as they have the bigger percentage of holding compare to us who only have a very few percentage of holding base on our current investment.

[Miaallen]

I believe the big price determinants are the whales. Since the blockchain network technology is a unique one, it senses the transactions from all the major exchanges to update and moderate the effects on the market to determine what the price is. This is not limited to only Bitcoin but all the major cryptocurrencies. That's why we usually have price of a certain major cryptocurrency in the same ranges of price with a little difference.

[TheGreatPython]

One more thing, ppl should really not forget are the BTCUSD Futures. Banks are interested, in pushing BTC price down, as they are the ones with the biggest harm if a decentralized money system would take over the world, right? So in Dec 2017 the banks came up with BTC Futures and shorted them like hell... what happened? right, 2018 happened over time, the banks closed their shorts, which equals in "buying" the futures contract. So I would be careful with buys right now, and wait if the banks who have nearly infinitive money at hand, are trying to short BTC futures again, and this way makes many ppl. sell their BTC as well, what would only accelerate a possible BTC drop. I am not saying this is what is going to happen, but it certainly is a possibility.

So Banks and their Future Contracts have a big interest in moving BTC as well.

I wouldn't really say that banks would want bitcoin to fail, mainly because banks are getting involved as well. Think of it this way, if they try to make it go down, they will have to work hard on it, and since governments are already taxing and allowing bitcoin, that kind of means we are not really in a bad situation neither in public usage, so it would be a very big task for banks to stop it.

However if banks decide that instead of fighting it, if they decide to use it and make more money with it, they could use it in a bad sense. Obviously banks main purpose is to make money, and how can they make money? They could simply just buy bitcoin and wait? They will not do that, they will definitely do a whole "buy bitcoin" thing and you buy bitcoin from them, but then they will package a 1000 bitcoin deal together and sell that too, and then have 100 packages of the 1000 packages and sell that too, basically they will make money from bitcoin going up or down, doesn't matter.