Who is really controlling the Bitcoin market.

[Mamun74]

BTC is not centralized that someone can control it.I think bitcoin holders have good power control the crypto market. Decentralization will never be stable it goes Up and down.Bitcoin is most popular coin and most valuable coin right now.Since 2017-2020 Bitcoin price was around little but look at 2021 Bitcoin price reached $66k+.I think bitcoin price will be more increase in future.

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[kotajikikox]

Bitcoin is decentralized the reason why it looks controlled by somebody is because of the large investors we called as whales and the community itself as long as the bitcoin is still supported and in the market, many people will still make a trade, hold,  buy and sell those assets to earn profit. No one knows what will happen in the market but we can have a speculation through the data given from the previous years and the charts.

you forgot to mention the Miners mate in which one group that has been part of the circulation and in some chance also made some significant in the movement of Bitcoin .
but of course it is the whales that make it most matter because from the beginning they are the one who's being accused of market manipulations.
I sometimes believe that idea though sometimes i am not .

[Anonylz]

As long as whales keep holding their position in the 'whale kingdom' they will always have the power to control the market, from the look of things, btc whale will continue to have this power of the market since not very many people can afford to buy big amount of btc because of the high price, the early adopters already have a big advantage because they have the chance to buy btc at a very low rate compare to now that the price is so high. This is how it will be.

[btc78]

The market is controlled by all of us , its just happened that we as small investors has no same action so the whales are succeeding in manipulating but if we will only have one stand? contributing our small investment will surely make it matter.

Because when whales starts to move the market down, many of small investors become scared and sell their coins making the act of whales favoring them as they can purchase in lower value, same as when they start to Pump? we tend to buy and buy and then they will full out their funds and again they are successful .

[AicecreaME]

People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins

There's nothing certain in the world of cryptocurrency. Hence, most people use and do technical analysis to somehow see and "predict" what might happen to the trend of the coin in the next few hours, days, weeks, months, or even years. you have to remember that the market dictates the price position of a coin. If the demand is high, supply is low, the price value will be high. If the demand is low and there is enough supply or even more, then the price value will be low. The simple law of supply and demand is one of the factors why the trend of a coin is like that. Another factor could be the season of the market. In crypto, we have two seasons that we could utilize to our own advantage which are the bullish and bearish seasons. In these seasons, the positions are completely opposite. In bearish, the price of almost every coin is a dump, meanwhile, is bullish, you can see pumps. So you should also consider if you are planning to invest in the kind of season the crypto market is currently in to avoid regrets.

There are also people who we call whales who can play the massive pump and dump of the price of a coin. These are the people who either drop a big amount of coins or hoard them in which affects the price position of the coin in the market. There are also other external factors such as big personalities stating their stance and whatnots which could affect the market most especially if they have a wide audience (newbies) that easily believes whatever they has to say.

[amishmanish]

Most of the investors (including me) indeed wait for the price to go down. The nature of bitcoin, or the nature of cryptocurrencies, is that the more it goes down, the more chances of its increase. Back in 2017, we all just lost hope for bitcoin. It Was almost dead, but later, it broke all the records, and the final price went to $60,000. We don't always wait. We also build hope.

The movements and the possible fortunes of the market are difficult to understand for even experts, but as you point out; It has indeed been established as something that people want enough for it to bounce back. It's always good time to buy Bitcoin because it is the strongest and the only truly decentralized cryptocurrency going around.

The dip due to rumors of Fed rate revisions, geopolitical circumstances in Kazakhstan and the Omicron variant brought markets down everywhere and these apprehensions seem to be behind the pullback. Yet, going by the trend, it will come back. TLDR; I think it's a good time to stack sats from a long term investment point of view.

[Gasty4]

 I think the rise and fall of Bitcoin has to do with growth and acceptance of Bitcoin.
With the total number of people using bitcoin, advocating about it, I think this helps in controlling the market.
A positive news about Bitcoin now will send the Bitcoin price higher.

[goldkingcoiner]

The more people adopt Bitcoin, the less "control" from single entities. Although I very much doubt anyone has a lot of control over Bitcoin. But then again, even if there was a someone in charge, we would probably be able to see certain signs and clues. Bitcoin is too decentralised and too spread. Unlike fiat, there is absolutely no way to retroactively gain control of it or to hack it. The only way you could really be in control is if you planned for it in the earliest days of bitcoin when it was still new and unadopted.

[ChiBitCTy]

This is the same thing as other financial markets. Or any other financial market for that matter. Sure there are normally groups of whales that can in large move markets but normally, depending on how mature that market is, only a slight amount. Otherwise markets work exactly how you said, they move based on buys / sells.

[Wawa2013]

Big whales are always in the position to manipulate the price movement of the market but i think the biggest factor that controls the bitcoin market is its supply and demand. If there is a high demand, its supply will be lessen and definitely we can see its price increase. And since bitcoin is the most in demand crypto in the market, so its not surprising that it holds the highest value among all coins. Also, we have news and social media events that gets to affect the bitcoin market too, and every time negative news hit the market, bitcoin value will be temporarily affected but eventually recover from the  dip after a couple of days.

We really have to be careful with whales, because whales often manipulate to control the Bitcoin market. As we know Bitcoin price movements are
based on supply and demand, therefore those who have large capital like whales can control the market. But because the increase in Bitcoin in 2021 is
very high, now the price of Bitcoin is very expensive to be controlled by the whales. Therefore, the decline in the price of Bitcoin now is because
many investors are taking profit, so don't panic too much when we see the market today. However, I am sure that investors who have taken profit
will definitely buy Bitcoin again and eventually the price of Bitcoin will rise again. Therefore people who can be patient holding Bitcoin, then
the opportunity to generate profit is wide open. Because Bitcoin can always recover, even if the decline is very deep.

[amihada]

bitcoin can't be controlled bitcoin is free but if someone like Elon Musk made a tweet maybe the market will change because Elon Musk is one of the influential people he can be able to increase the price of coin memes like Coin Doge it's proven that the market can be played by Elon.

[KaliLinux]

People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins

Yeah, people predict the market but to me, it is more like hoping that the market will go down to buy more and go up after that mostly because of what they must have seen via TAs but TAs ain't always the ultimate determinant of market movement even though on a normal situation they are good indicators. As we have seen these past days when most were thinking the market is about to have an upward rally and boom Bitcoin is affected by the Wall street dump of stocks because of fear of what might be the outcome of the FOMC meeting in the coming days. But true, I believe that there are times when the whales kinda manipulate the market for their own gains, and this can't be ruled out. 

[Rufsilf]

We really have to be careful with whales, because whales often manipulate to control the Bitcoin market. As we know Bitcoin price movements are based on supply and demand, therefore those who have large capital like whales can control the market. But because the increase in Bitcoin in 2021 is very high, now the price of Bitcoin is very expensive to be controlled by the whales.

As you said, the price of bitcoin becomes expensive and so does the price of controlling or manipulating the market is also an expensive move to make. Whales are always there trying to manipulate the market, but there's really nothing to worry about the whales because there's just a small impact if those said whales decides to dump the market.
The value of bitcoin now is currently below $40k, so it's natural to see some more dips this week as investors will likely sell their assets out of panic and certainly this crash now have nothing to do with whales but because of the people's uncertainty.

[Abiky]

The more people adopt Bitcoin, the less "control" from single entities. Although I very much doubt anyone has a lot of control over Bitcoin. But then again, even if there was a someone in charge, we would probably be able to see certain signs and clues. Bitcoin is too decentralised and too spread. Unlike fiat, there is absolutely no way to retroactively gain control of it or to hack it. The only way you could really be in control is if you planned for it in the earliest days of bitcoin when it was still new and unadopted.

There isn't anyone in-charge of the Bitcoin protocol, but there are a few big players in-charge of its supply. Mainly, big exchanges and whales are the ones who control the Bitcoin market. They have a lot of money to move the market in their favor whenever they want to. The situation on the crypto market is even worse than it's the case with stocks, as crypto isn't widely regulated as stocks. Without proper regulatory measures, the crypto market can experience heavy manipulation by the previously-mentioned players.

At least, governments are starting to control centralized exchanges. Once they successfully regulate the crypto market, market manipulation by centralized exchanges and whales will be practically impossible. This could mean the price stabilization of Bitcoin and other cryptocurrencies as we speak. Ultimately, what matters is decentralization. As long as Bitcoin stays decentralized, there should be nothing to worry about. Just my thoughts

[Sebas.tian]

Bitcoin is not control by government because is a decentralized currency that pump and dump at anytime in the community. No body can tell when the price of bitcoin will increase and when it can decrease for people to buy and hold for future profit making.
I guess buyers and sellers are the controlled of bitcoin market because whenever there is a surplus supply of bitcoin in the exchange market there will be few buyers in the market which will cause low price to the investors to make a good profit at the moment.

[Henrobakkara]

People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.

Yes most of us do this but I don't think that means they are or can predict the market. It is just hopeful wishing that the market should go down so that investors can gain more from their investment.

Now is the market been manipulated? Or it all depends on the numbers of investors who invested.

Manipulation cannot be ruled out. We do understand that there are big players in the market that can move the market and I believe so it is for other financial markets only this time, the crypto market is not regulated like the stock market so these whales can pretty much do what they want since they have the funds.

[mia_houston]

Bitcoin is not control by government because is a decentralized currency that pump and dump at anytime in the community. No body can tell when the price of bitcoin will increase and when it can decrease for people to buy and hold for future profit making.
I guess buyers and sellers are the controlled of bitcoin market because whenever there is a surplus supply of bitcoin in the exchange market there will be few buyers in the market which will cause low price to the investors to make a good profit at the moment.

Bitcoin which has peer-to-peer technology, of course, makes it impossible for anyone to control either big intuition, central banks and even the state cannot control bitcoin in the market, indeed we can all be part of bitcoin ownership but to control bitcoin is a very difficult thing impossible to do and the difficulty in controlling bitcoin is the reason for many countries in the world that prohibit the circulation of bitcoin so far. While the price of bitcoin in the market is expensive or not, it all depends on the number of supply and demand transactions that have occurred in the market so far.

[maidenvoyage]

Apart from all said:

I think, and I have some clues, that the volumes of all sites that trade BTC is heavily overstated.
https://medium.com/dirt-protocol/how-much-are-cryptocurrency-volumes-overstated-7a80873ffe69
by as much as 95%.
So only 5% is real volume.. the rest is fake, the sites trading inside themselves to get higher ratings.
This gives a reply to the people asking.. who is controlling this market.. It is much easier to influence a market with low liquidity... Which I think is the case with Crypto. .... this is not surprising.. it is also true with lots of other markets.. where the players all try to have an advantage.

I recently (on 3 of Dezember) sold 13 BTC on Kraken at 51.000 to the CHF, which is around 54.000 USD. I sold it OTC on WhatsApp.. not wanting to put this sum up fearing a meltdown.
In the next three hours the price dropped some 5%.. in my opinion.. because Kraken tried to sell these.. They say my sell had nothing to do with it.. but.. hmm.
Then.. they took 4 days to credit me with the money.. saying the CHF is to illiquid to have it at hand.. but hey.. If they really had this daily volume... they should have been able to liquidate my trade within hours.
But these are mere speculations.
I sold my BTC, I am a HODL since 2014, because I think that there are risks involved in the HODL arguments, that BTC (and other crypto) has such an intrinsic value, because its quantity is restricted etc.
I think that the legacy banking sector is forming against Crypto... I tried with my Brazilian Bank to bring the USD 800.000 to Brazil and got told (by ITAU).. legal, not legal.. on your Tax report, not on your tax report.. we do not take the money.. you CANNOT get this money into your account.. therefore seriously hampering the USE of BTC. I used the proceeds to buy a house.
I managed to find another Brazilian Bank, which would take the proceeds, that came from KRAKEN.. after a while.. but it took me in all two weeks of work and lots of grey hair. It is only an example of how the legacy banking sector is succeeding in hampering the usefulness of crypto.. after all.. in the end you want to exchange it for something real.. a house, a car, food, expenses... whatever..
Then there is this environmental problem with the Hashrate being so energy expensive.. I know.. that people argue that it all is from green, superfluous energy bla bla.. but. hey.. In the end..I think.. unless we make sure that all mining is with Geodesic or Cold fusion :-) .. probably it is made in some country with Coal..
So.. I at least have considerably lowered my BTC Holding.. fortunately 1 hour before one of the biggest price corrections (3 December to today 51.000 to 30.000 USD price correction).
Then there is all theses post with Chart Analysis, which has proven inefficient over and over and over again in stock trading.. Do not get me started on the usefulness of this.. but hey..I you think 30.000 is a CLEAR threshold.. just because you manage to draw a blue line in a nice slope.. you probably also believe that the position of Venus and Mars explains you last job application in any way...

I am still holding half of my BTC..because hey.. I bought it TOTALLY speculative and horsed around with it, never even considering it real money but only plastic chips in a casino. I invested in Bankrolls.. gained lots (tripled the amount) during 2016-2017, then invested in some black sheep.. ( lost 75% because the stole the bankroll).. did lots of other bullshit.. gave away whole BTC to nephews just to get them interested..
But now.. that is has become a big part of my savings.. .. My third point..
Being your own bank.. Really difficult.. I am a very savvy person, when it comes to computers, IT, etc..
But whenever I plug in my Ledger.. it asks me to upgrade the firmware. The other day I found out how to test my Mnemonic Phrase.. and.. I had one error in it..
Whenever I try to make a transfer.. it asks me. "do you want to upgrade your BTC to SEGWIT or SEGWIT2.. or whatever".. If you send to the wrong address you loose everything.. Anyway.. Only 1% of world population have the guts to listen to hours and hours of Youtube Talks explaining of how to maintain your wallet.. have secure computers.. have a scheme in place if they die, so their heirs have knowledge to get to the BTC. Not at all consumer friendly.. only for geeks..

So.. these 3 points: Energy, doubtful markets, legacy Banking system and Governments putting up hindrances, not user-friendly .. Actually 4 points..I think.. will reduce the usefulness and success of crypto in the future.
And.. markets that are not really liquid and understood and even less regulated.. 5 points.

Do not understand me wrong.. I still have half of my BTC, ETH, XPR holdings.. but I am sitting in my new House on the beach and happy I bought something.. even if I die.. that my kids can enjoy.. exchange for money/food/stocks.. or crypto again.. hehe.

[milewilda]

Bitcoin is not control by government because is a decentralized currency that pump and dump at anytime in the community. No body can tell when the price of bitcoin will increase and when it can decrease for people to buy and hold for future profit making.
I guess buyers and sellers are the controlled of bitcoin market because whenever there is a surplus supply of bitcoin in the exchange market there will be few buyers in the market which will cause low price to the investors to make a good profit at the moment.

Bitcoin which has peer-to-peer technology, of course, makes it impossible for anyone to control either big intuition, central banks and even the state cannot control bitcoin in the market, indeed we can all be part of bitcoin ownership but to control bitcoin is a very difficult thing impossible to do and the difficulty in controlling bitcoin is the reason for many countries in the world that prohibit the circulation of bitcoin so far. While the price of bitcoin in the market is expensive or not, it all depends on the number of supply and demand transactions that have occurred in the market so far.

But we couldnt really avoid the fact that whales/institutions/government could really have that significant impact whenever they do made out some moves.Lets put up an example on what happened recently about on the fundamentals on which Russia tends out to ban crypto? It did really make out the market dip down or corrected on big percentage and on the time they are somewhat
taking back those words then the market tends to recover which we arent that dumb to say that they had already placed up theirselves thats why its really possible that they would
 really be hyping things up again. Manipulative? Some sort of but theres always some chance.

[Mr.sprin]

How can people control bitcoin while bitcoin was created by satoshi nakamoto for free even the one who created bitcoin satoshi doesn't regulate bitcoin especially those who only hold bitcoin of course can't control bitcoin.