ogundowotoby01
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September 21, 2021, 11:24:57 PM |
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Whales have the power and resources to manipulate the cryptocurrency market. The BTC whales are also very intelligent people that knows the value of their holdings so they do not perform their large Crypto trades on known public exchanges so as to avoid the slippages in price delivery and forcely crashing the value if bitcoin. They also have the resources to cause momentary pumps in price and that's why a big dump or selloff often happens after a consistent upward move
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travwill
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September 22, 2021, 06:45:29 PM |
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It is hard to say. There are now too many alternatives and trends in the crypto market. If earlier we had only Bitcoin and Ethereum and it was much easier to manipulate the market, now there are more players with large volumes of various instruments, and the game between them is more complicated.
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DeathAngel
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#1 VIP Crypto Casino
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September 22, 2021, 06:54:20 PM |
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Of course whales manipulate the market but this isn’t restricted to only crypto. Big players with very deep pockets have been manipulating stocks & anything of value really for a very, very long time. Just don’t panic sell & you’ll be OK.
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nicolas1979
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September 22, 2021, 07:01:47 PM |
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Is it really a personal wallet? It might just be an exchange wallet. But if it is true that the wallet belongs to the whales, of course they have big targets for the future with the digital assets they have. Because these assets are not only in the form of Bitcoin, but also consist of other cryptocurrencies, such as Ethereum, XRP. And I hope that these assets will continue to be in their wallets, so that a dump does not occur.
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superman184
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September 22, 2021, 09:15:49 PM |
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If any manipulation occurs here, it is beyond our control because there are no regulations on cryptocurrencies that can prevent it, they could make the price rise quickly, but we need to be careful at the stage of the ongoing rise because it will be sudden. down when they are about to take advantage. They come from exchanges and most likely from cold storage. The common strategy that whales use is to create some kind of news that will spread the FUD to people and then it is they who will buy the discounted bitcoins that have been sold because of the fear and panic they have created.
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A BLackPearl
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September 23, 2021, 07:19:26 AM |
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The huge operation of the whale may affect the market, and the operation of the huge whale is also transparent in Bitcoin. We can check their actions at any time and analyze market trends.
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Pamadar
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September 23, 2021, 04:52:42 PM |
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Whales have the power and resources to manipulate the cryptocurrency market. The BTC whales are also very intelligent people that knows the value of their holdings so they do not perform their large Crypto trades on known public exchanges so as to avoid the slippages in price delivery and forcely crashing the value if bitcoin. They also have the resources to cause momentary pumps in price and that's why a big dump or selloff often happens after a consistent upward move
One thing you also need to know is that manipulating the price of BTC is not easy and it can't even be done alone, you can see Elon Musk as the number one richest person in the world who can only manipulate Dogecoin not Bitcoin, do you think Elon Musk is very hate Bitcoin and just love Dogecoin ? Is not being done by a single person but the influenced of whales creates an impact on another whale right? I mean, if those people who have good capital merge with shaking the market; they are moving it well. Not impossible that they are using same patterns and by working together they'll successfully do the damage. The huge operation of the whale may affect the market, and the operation of the huge whale is also transparent in Bitcoin. We can check their actions at any time and analyze market trends.
Indeed. they have that money to move even in lighter but impacting movement, Whale knows and understands the sentiment, for those weak and panic holders they can easily penetrate and succeed with their plans.
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tsaroz
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DGbet.fun - Crypto Sportsbook
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September 23, 2021, 04:59:04 PM |
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Bitcoin is one of the most decentralized coin, even though, a small number of wallet holds more than 50% of it. And the most important thing is a very small fraction of total bitcoin is actually being bought and sold. To say, you'd need much lesser coin to make an impact on the market. The condition are much worse for smaller and lower cap coins. A single holder or a large buyer/seller can make a large impact on such small coins. And with limited exchange options, coins listed on a single exchange could easily be manipulated.
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lixer
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September 23, 2021, 07:23:06 PM |
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The huge operation of the whale may affect the market, and the operation of the huge whale is also transparent in Bitcoin. We can check their actions at any time and analyze market trends.
Does the ground gets wet when it rains? As long as there are any markets in the world, there will be people trying to manipulate it, it doesn't even have to be a whale, it is simply just profitable to manipulate markets if you can which means that people will keep on manipulating it as long as they can. It is simple as that. I personally never tried it but there were very small coins that people manipulated while I was there as well and I had to contribute to their manipulation once to get out, otherwise I would have to get out at low technically. All in all it is not really a smart decision to keep on hurting the market, because in the end you will end up with a hurt market and can't keep on manipulating to make a profit.
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liqidoxgen
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September 23, 2021, 08:14:57 PM |
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There is no doubt that large crypto wallets are manipulating the market. They have almost unlimited opportunities to form strong trends. On the other hand, they even have to participate in this in order to form prices at the level they need, constantly increasing their fiat equivalent.
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Jaered
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September 23, 2021, 08:31:16 PM |
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I can tell you for free, the answer. And that is yes, to an extent. I remember the so-called Crypto winter of 2018.Prior to that in December 2017, bitcoin got to a then ATH because of the whales, before it dumped hard
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Woodie
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September 23, 2021, 08:33:09 PM |
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Do whales manipulate the market...Yes, All the time!! It's business for them and not tea time and people pretty much know how to follow a trending market which is,if it's buying everyone will try and buy and if it's selling, everyone will try and sell and the whales knowing this information use this against us to gain some kind of advantage over us which allows them to manipulate the markets in a way that favors them to get cheap coins from their true value.
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timerland
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September 23, 2021, 09:32:43 PM |
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Really good question.
I personally think that there is a degree of manipulation in anything.
But when it comes to the question of systematic manipulation to extract wealth from smaller players, I don't see any proof of this. I think that people are simply saying this because they incurred significant losses and so forth when taking excessive leverage.
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seleme
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Duelbits.com
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September 23, 2021, 09:46:41 PM Last edit: September 28, 2021, 03:05:42 AM by seleme |
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I can tell you for free, the answer. And that is yes, to an extent. I remember the so-called Crypto winter of 2018.Prior to that in December 2017, bitcoin got to a then ATH because of the whales, before it dumped hard
Any solid proof? Ofc, they manipulate but it is something related to institutional fund organizations not only the job of few whales. December 2017 was a boom timeframe because of the industry mass adoption rate, few exchanges data can confirm this too. Blaming the institutions doesn't add anything to the conversation unless you have serious data to prove it. Not all market downtrends are caused intentionally by someone or some group of people, natural market cycles works in up down - up down roller-coaster FYI.
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albon
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September 23, 2021, 09:50:03 PM |
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Yes, whales can manipulate the market because they have a lot of huge amounts of cryptocurrency. If they decide to sell, they can dump any currency, so they represent a major concern for traders and investors, and these whales can cooperate together to reduce or raise prices as they like, so we have no idea about plans The whales and their motives.
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GubiMixa1292
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September 23, 2021, 09:59:20 PM |
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The whales are also manipulating the market but it looks like your SS has nothing to do with it. That site gave you information about the richest bitcoin wallet and it didn't have any correlation with whales. I even think the crypto market is more susceptible to manipulation than the financial market. Other traditions exist. The reason for that is quite simple, the total market value of all cryptocurrencies combined is still relatively low compared to the stock market. Therefore, there is simply no need to pay attention to this and we just have to move on, and really anyone who has been in the crypto space for a long time understands that whales in the crypto market manipulate the market.
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Kusman
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September 23, 2021, 10:05:07 PM |
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Whales manipulate the market indeed. They just like to HODL big amount of money especially in top altcoins and Bitcoin. And when they see the right time for themselves, they decide to sell a huge amount. And this affects the prices in the market really importantly. This can be seen as some kind of a market manipulation actually. Because buying and selling actions change things in the market a lot.
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gabbie2010
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September 24, 2021, 06:02:28 AM |
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Whales manipulate the market indeed. They just like to HODL big amount of money especially in top altcoins and Bitcoin. And when they see the right time for themselves, they decide to sell a huge amount. And this affects the prices in the market really importantly. This can be seen as some kind of a market manipulation actually. Because buying and selling actions change things in the market a lot.
When you have few hodlers who amassed huge amount of Bitcoin definitely moving in and out such a huge amount of Bitcoin at a certain period of time inform of manipulation will consecutively has a big impact on the price of Bitcoin momentarily, nothing can change that because it is unregulated, however to be on a safer side it is always advisable for hodlers, investors and traders to always take profits accordingly to prevent losing out in any event of sudden drop or crash in price probably as a result of market manipulation which can occur at any time unannounced.
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