Devifajarina
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August 17, 2021, 08:43:36 AM |
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We've been in a big bear market but there is a sudden pump.
Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?
Also, when these whales or whoever start buying, alt coins move up. Is this the result of the whales also buying other alt coins as they buy bitcoin, or an automatic reaction by bots or retail/people constantly watching 24/7 who buy alts?
Last time before this bull-ish market around January, bitcoin and eth started climbing high, but alt coins lagged some before going up too. They didn't just go up immediately like they are right now
That's the scenario that began to be drawn up, to weaken and increase the existing coins, the first step that must be done is to buy altcoins to see the effect of market conditions, if this scenario is successful then the opportunity to buy bitcoins is increasingly open. , the target they are after is buying in bulk. Of course this is a high-level game that has been started by influential people, to turn the originally good market into chaos, usually chaos is used to buy some coins that they think can be used, this condition is deliberately made to see the current market response.
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mumang siat
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August 17, 2021, 09:38:14 AM |
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We've been in a big bear market but there is a sudden pump.
Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?
Also, when these whales or whoever start buying, alt coins move up. Is this the result of the whales also buying other alt coins as they buy bitcoin, or an automatic reaction by bots or retail/people constantly watching 24/7 who buy alts?
Last time before this bull-ish market around January, bitcoin and eth started climbing high, but alt coins lagged some before going up too. They didn't just go up immediately like they are right now
Large investors (PAUS) who invest usually do an analysis first, this they do to provide the best value in investing, usually these investors (PAUS) will not sacrifice retail value to do so. Altcoin and Bitcoin purchases will be balanced by them in investing, this they do to see the potential of both, if one cannot provide a good profit, then they will take advantage of another opportunity, usually for large investors (PAUS) this has been prepared carefully and other options for the risk they accept in the future.
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magneto
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August 17, 2021, 09:43:23 AM |
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I honestly just think that it's the overall continued enthusiasm of retail investors and institutional investors that is pushing prices up continuously. We'll see if $50k does get breached though.
Don't think that there are necessarily any whales per se that is buying things up out of their routine - that is a tall tale at best to justify this event.
Fact of the matter is that we simply cannot attribute these pumps to one factor alone, the market moves almost randomly at the best of times if not irationally.
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poldanmig
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August 17, 2021, 11:49:19 AM |
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I honestly just think that it's the overall continued enthusiasm of retail investors and institutional investors that is pushing prices up continuously. We'll see if $50k does get breached though.
Don't think that there are necessarily any whales per se that is buying things up out of their routine - that is a tall tale at best to justify this event.
Fact of the matter is that we simply cannot attribute these pumps to one factor alone, the market moves almost randomly at the best of times if not irationally.
There are many factors that can trigger an increase in the price of bitcoin and one of them is a large purchase made by the whale, but it is possible that the sentiment that occurs in the market will also trigger a price increase that occurs, but I think if the whale factor triggers a price increase of course we must also be prepared for the possibility the price falls again if the whales sell everything they are buying right now. I think the interest factor from the world community and also big companies in adopting bitcoin is the main factor that makes the price of bitcoin rise.
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yhiaali3
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August 17, 2021, 04:22:24 PM |
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This is the natural cryptocurrency market cycle, bitcoin starts to rise and then ethereum follows and altcoins stay on their price for a period of time unchanged as long as the dominance of bitcoin is large about 50-60% of the market but when the dominance of bitcoin starts to fall under 50% altcoin starts to move strongly and take possession On the market and during this period, we are witnessing significant increases for some altcoin against the stability of the bitcoin price. After that the correction begins for the bitcoin and the price drops and then the altcoin price drops again, this is the chart of the cryptocurrency market in general and this cycle repeats constantly.
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Ararbermas
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August 17, 2021, 04:47:10 PM |
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If you will base on the long time frame you will see that bitcoin is not yet done making progress, wherein it's just making correction before to continue increasing in my personal opinion, as it's still showing a very steady candle sticks within the current support.. And infact the 7days percentage of bitcoin in coinmarketcap is still showings around 3% up. So expect it will regain strength again back to the resistance or more, depends on what will be the results after a couple of days.
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Oilacris
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August 17, 2021, 10:09:31 PM |
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The bitcoin price managed to break through back the $46,000 level. The price level has even strengthened 26.19% in the last week. Bitcoin prices rose driven by the increasing number of banks and investment fund managers who have openly accepted crypto asset-based investment management.
Whenever the reason is, there's no such precise reports on whats happening behind the curtains when it comes to adoption or demand.We dont know on whose buying behind and whose selling. We could only tell basing up on the movement of prices in the market and there's no way for you to determine on whose buying and selling.Thing here is that you do know on how to ride of with the waves. Dont let yourself to get behind in terms of opportunities that you could possibly dive in and make profits but well always consider the risk though.
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Zedpastin
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August 17, 2021, 10:14:39 PM |
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Looking at the data it is very clear that the longtime holders of Bitcoin are accumulating again, while addresses with small balances are selling and being liquidated. This is a great sign since it’s typically the whales that move the market. When they start losing up to make big profits, you might find it wise to follow.
Is there an easy way of monitoring these big addresses? I know that the Blockchain is transparent and you can look at any transaction but I am wondering if there is a easy way of seeing transactions that are only above 5 Bitcoin since that would indicate a whale. This is the natural cryptocurrency market cycle, bitcoin starts to rise and then ethereum follows and altcoins stay on their price for a period of time unchanged as long as the dominance of bitcoin is large about 50-60% of the market but when the dominance of bitcoin starts to fall under 50% altcoin starts to move strongly and take possession On the market and during this period, we are witnessing significant increases for some altcoin against the stability of the bitcoin price. After that the correction begins for the bitcoin and the price drops and then the altcoin price drops again, this is the chart of the cryptocurrency market in general and this cycle repeats constantly.
Who cares about altcoins? Ethereum will forever be in the shadow of Bitcoin and no other altcoins are worth the time of monitoring them.
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Boov
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August 17, 2021, 11:29:07 PM |
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If you will base on the long time frame you will see that bitcoin is not yet done making progress, wherein it's just making correction before to continue increasing in my personal opinion, as it's still showing a very steady candle sticks within the current support.. And infact the 7days percentage of bitcoin in coinmarketcap is still showings around 3% up. So expect it will regain strength again back to the resistance or more, depends on what will be the results after a couple of days.
We've already seen greater progress, corrections was only making it harder to achieve but still demand and adoption generates higher potential. Many expected bullrun and other possibilities, but let's not rush on things because we need strong patience here. Weaker hands might not prosper in times of difficulties, they could decide too fast but fail immediately when situation comes at worst.
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ene1980
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August 17, 2021, 11:33:20 PM |
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We've been in a big bear market but there is a sudden pump. Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers? There are several good news before that pump, there was meeting where some influencer who accepted Bitcoin as a payment for his car business suddenly backtracked and then now he accepted them recently and made some statements and then the London Hardfork in ETH, these are reasons we can justify the reason why we had a good rally in a short period of time.
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rahmatrf331
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August 18, 2021, 02:51:58 PM |
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bitcoin is on the line of imbalance between buyers and sellers, where there are more sellers than buyers in the past two days. but previously bitcoin was pumped at $47k and now it's back at $45k. from some information from analysts that bitcoin is at an unstable stage or is weakening. This condition is influenced by several country rumors lately, so it can trigger panic selling from amateur investors.
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btc_angela
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August 18, 2021, 03:17:06 PM |
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The bitcoin price managed to break through back the $46,000 level. The price level has even strengthened 26.19% in the last week. Bitcoin prices rose driven by the increasing number of banks and investment fund managers who have openly accepted crypto asset-based investment management.
Hmm, not sure if that is the reason for the sudden pump, do you have any data to back up your claims about banks and investment fund managers suddenly buying assets for the clients. I would love to agree with this theory, but unless we have the data to back up the claim then this is all speculation on your part. There could be reasons why investors are suddenly buying, obviously they want to get a profit. And then the basic supply and demand. Nevertheless, the minor dip that we are seeing could be a good for us so that some can still buy at $45k and then wait for the price to go $50k-$60k to get some profits before the end of the year.
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Frengki_cisco
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August 18, 2021, 03:18:42 PM |
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I almost lost my mind yesterday-when I heard the news of a Bitcoin revival- risked all my assets, hoping to break through to a certain point-turns out I was wrong today was worse than I thought-but that's okay, I'll be patient and wait for the next game, whale vs whale.
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BTC
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Zedpastin
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Infographics save lives
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August 18, 2021, 03:32:36 PM |
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bitcoin is on the line of imbalance between buyers and sellers, where there are more sellers than buyers in the past two days. but previously bitcoin was pumped at $47k and now it's back at $45k. from some information from analysts that bitcoin is at an unstable stage or is weakening. This condition is influenced by several country rumors lately, so it can trigger panic selling from amateur investors.
Bitcoin whales are accumulating more Bitcoin but this is making Bitcoin price go down. I do not know the reason but I would guess that people are anticipating them dumping some of their newly acquired coins.
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bocyaj
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August 18, 2021, 03:42:22 PM |
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We've been in a big bear market but there is a sudden pump.
Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?
Also, when these whales or whoever start buying, alt coins move up. Is this the result of the whales also buying other alt coins as they buy bitcoin, or an automatic reaction by bots or retail/people constantly watching 24/7 who buy alts?
Last time before this bull-ish market around January, bitcoin and eth started climbing high, but alt coins lagged some before going up too. They didn't just go up immediately like they are right now
The bear market are just an opportunity.We should buy some good coin instead of buying the worst coin.Because no one is ready to get loss by the investments.You should try any stable coin at the bear market.When the pump happened,we get bulk amount of profit in a short period.
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Sanugarid
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August 18, 2021, 03:58:37 PM |
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bitcoin is on the line of imbalance between buyers and sellers, where there are more sellers than buyers in the past two days. but previously bitcoin was pumped at $47k and now it's back at $45k. from some information from analysts that bitcoin is at an unstable stage or is weakening. This condition is influenced by several country rumors lately, so it can trigger panic selling from amateur investors.
Whatever these rumors are, I am pretty sure that we will be able to see the prices go back up again and stabilize because even if there are panic sellers, there's also people that's going to be hodling and being patient and there will be some people that will buy those that was sold.
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carlisle1
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August 18, 2021, 04:28:37 PM |
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bitcoin is on the line of imbalance between buyers and sellers, where there are more sellers than buyers in the past two days. but previously bitcoin was pumped at $47k and now it's back at $45k. from some information from analysts that bitcoin is at an unstable stage or is weakening. This condition is influenced by several country rumors lately, so it can trigger panic selling from amateur investors.
Whatever these rumors are, I am pretty sure that we will be able to see the prices go back up again and stabilize because even if there are panic sellers, there's also people that's going to be hodling and being patient and there will be some people that will buy those that was sold. Whatever happened we should consider those institutional investors who already inside this market, They are not just here to have a quick ride but instead, they are here forming good barrier to have a long term business, Bitcoin/crypto already gained a wide variety of support, from that we will expect to see more people to start bringing their money inside the market. It's just another cycles that Bitcoin needs to undergo and then start pulling the trigger to jump high.
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ajochems
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August 18, 2021, 04:33:43 PM |
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I almost lost my mind yesterday-when I heard the news of a Bitcoin revival- risked all my assets, hoping to break through to a certain point-turns out I was wrong today was worse than I thought-but that's okay, I'll be patient and wait for the next game, whale vs whale.
Most people had same mindset as like you.Because here we are facing huge loss by the dump.We should keep in mind,dump are not permanent.Keep on investing in the dump.Then,pump will rise you to the moon.Whale playing the game,most of the whales are the people who had get into bitcoin before the 2000 dollar price in bitcoin.But we should use wise and earn from it.
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uneng
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August 18, 2021, 09:09:27 PM |
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Is this a giant whale or few whales buying up, retail, some companies? Any way to track the major buyers/sellers?
Considerable fluctuations in short time periods can only be caused by whales, institutional investors who have a lot of money to shake the market. Once these big players play their cards, smaller investors start following the trend and we may see that currently market tendency getting stronger, but this second group of investors isn't the cause anyway. Also, when these whales or whoever start buying, alt coins move up. Is this the result of the whales also buying other alt coins as they buy bitcoin, or an automatic reaction by bots or retail/people constantly watching 24/7 who buy alts?
I believe whales don't invest only in bitcoin. They must have a wide portfolio of crypto currencies, because some altcoins gain value faster than others, increasing the chance of profit through pure speculation. That is a strategy they use to take advantage not only of bitcoin bull run, but also from the whole market. Since they have a lot of money to risk, it's not too dangerous as it is for an average investor.
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justdimin
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August 18, 2021, 09:36:59 PM |
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Whatever happened we should consider those institutional investors who already inside this market, They are not just here to have a quick ride but instead, they are here forming good barrier to have a long term business,
Bitcoin/crypto already gained a wide variety of support, from that we will expect to see more people to start bringing their money inside the market.
It's just another cycles that Bitcoin needs to undergo and then start pulling the trigger to jump high.
We should be like them, those people who invest millions of dollars, those people who happened to gather as much as 100k (microstrategy if I know right) are not here because they are doing it for fun, they are doing it because it is something that we should be quite proud of; prices. Believe me that every single top coin will go up, sure there are some horrible coins but those are specific issues to coins, the general market will go up like crazy, like you wouldn't believe. Will this happen next week? Next month? Next year? I do not know when it will happen but there is a guarantee from me that prices will 2x for most coins. If you are not holding just a crazy low and horrible coin, then you are going to profit at least 2x in the future, we just don't know when. Think of it like saying it will be bitcoin, bitcoin will be 2x for sure in the future, it will be 100k+ for sure, we just don't know when. Companies knows this, and they invest and wait until it happens, but regular investors get too scared whenever it falls even just a bit.
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