South Park
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July 07, 2022, 04:49:19 AM |
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The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.
The whales are in fact very influential but at the same time they cannot manipulate the market at will, what they do is to wait for moments in which the market may be headed in a direction and then they amplify those movements with their influence, and if to this we add that people use too much leverage this means that as soon as there is a large movement that runs against most of those traders then we get a domino effect in which they get margin calls, their positions are closed, the price drops and then this generates even more margin calls, making the price to crash at an impressive speed and allowing them to buy extremely cheap coins for a time.
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danherbias07
Legendary
Offline
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
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July 07, 2022, 05:10:33 AM |
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I wish we know but that will take out the volatile market of Bitcoin. The less we know the better. For me though, this is a combination of whales trying to maximize Bitcoin accumulation in a bear market and the panic of small investors. We just have to be patient on when the big bag holders will buy it back and the small investors to afford it again after recovering from an economic collapse. It's not a roller coaster anymore, it's stagnant. It's like every investor is waiting for another dump before the buyback.
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worle1bm
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July 07, 2022, 06:00:27 AM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
Probably yes but we can also noticed that some big players or institution are running out of funds and muat be due to some of their loans which run out of juice. Also there are some who take profits too and add more panic sellers who sold due to the recession that are happening and will be happening. Yeah like the recent case of Voyager capital going insolvent will further put the negative effect on prices with positions going liquidated so what can you do in these scenarios? Whales can't control these movements and traders have to suffer but we need to be patient in order to get profits back after the market recovery.
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LogitechMouse
Legendary
Online
Activity: 2660
Merit: 1062
Little_Mouse Campaign Management | OrangeFren.com
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July 07, 2022, 06:31:02 AM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
Ohhh I thought that the word "whale" will not be used now as I've not heard that term anymore. Well, lets not blame the whales here or those large traders and institutions. However, I know that the market is volatile in nature but right now, I don't see any roller coaster movement especially with Bitcoin who is right now sitting at around the $19,000-$20,000 price range. It is moving sideways for about a week already and I'm curious into which direction will it go but with what is happening worldwide, there is a chance that it might go down even lower than $17,000 which is the recent lows.
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maydna
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July 07, 2022, 06:48:03 AM |
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I wish we know but that will take out the volatile market of Bitcoin. The less we know the better. For me though, this is a combination of whales trying to maximize Bitcoin accumulation in a bear market and the panic of small investors. We just have to be patient on when the big bag holders will buy it back and the small investors to afford it again after recovering from an economic collapse. It's not a roller coaster anymore, it's stagnant. It's like every investor is waiting for another dump before the buyback.
We hope to be able to follow the movement of the whales in selling or buying bitcoins so that we can profit like them. It doesn't matter if the profits that we get with the whales are smaller than theirs because our funds are also not as big as theirs. As long as we can profit many times, it is enough for us because we can collect more money and also have a lot of bitcoins. Patience is how we survive in every situation, and it is the key used by many people to get out of difficult situations.
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cheezcarls
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July 07, 2022, 07:23:45 AM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
Well it is what it is. Ever since the crypto market was introduced, it’s expected to be a roller coaster ride for us just like stocks. We don’t expect the chart to always go up or down. There is no crypto market if we always see gains and not losses. We just have to accept the fact that every position has an opportunity. Like for example, if you are hoping to buy Bitcoin at a discounted price, then you may want to see the market go down a bit until it finally reaches your targeted buying price. Not every bear market trend is always negative. It’s also an opportunity for buyers who wanted to buy it cheap for so long. So let’s just enjoy this roller coaster ride until now and just invest and trade an amount that we can afford to lose.
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tbterryboy
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July 07, 2022, 01:14:32 PM |
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couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash. currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured. though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius
I think the luna crash do also qualify for the term roller coaster but btc is more fit to this since we all see how btc price keeps on changing, going up and down from 19k to 20k and vice versa. There are times it goes down below 19k and above 20k which represents like a real roller coaster because it goes slowly at first then you will be surprised later on that the movement is going fast and more intense. We think the range 19k and 20k is normal for btc, that's because we are already use this. How many months now have passed since we first started to hit those value's? I even almost for got it. A bullish market works differently. Price usually increase non stop and rarely became stable.
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Bitstar_coin
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July 07, 2022, 06:27:11 PM |
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Well it is hard to say the opposite or deny that some big players don't have influence over the price. You know I also sometimes wonder what is the real reason behind the extensive drop in price during the bear period. It feels like a high percentage of investors suddenly lose interest in btc and start selling. No matter how one try to brainstorm over it, i doubt there is a clear explanation to bear market. But you can look on the bright side of this bear period and take advantage if you can afford to do so.
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isaac_clarke22
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July 07, 2022, 07:22:53 PM |
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~
Yeah that word kind of really becomes a common wording these days especially that we are already in the bearish market. One should not be worried anyway if there were whales manipulating the market right now. If you are a strong holder then you should not worry about a single thing unless you were holding a shitcoins which in real life, you would not want to hold shit anyways, lol.
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TheGreatPython
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July 09, 2022, 11:42:42 AM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
Ohhh I thought that the word "whale" will not be used now as I've not heard that term anymore. Well, lets not blame the whales here or those large traders and institutions. However, I know that the market is volatile in nature but right now, I don't see any roller coaster movement especially with Bitcoin who is right now sitting at around the $19,000-$20,000 price range. It is moving sideways for about a week already and I'm curious into which direction will it go but with what is happening worldwide, there is a chance that it might go down even lower than $17,000 which is the recent lows. It is still being used mate although not active as before, maybe that's because the current situation is not caused by the whales anymore. The popular terms that we are seeing nowadays are those "fed", "inflation", and "crisis". There maybe more but I forgot them for now. The reason why people put the blame on whales is because they think they are manipulating the market. They sure do it but aren't we benefiting for that? It's already our fault if we can't get a good timing and then we lose our money but again it must be our responsibility because we know that this market is very risky and yet we insist to enter and invest. Btc is being stable so you are right, there's no roller coaster but maybe for eth and other cryptos only.
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ven7net
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July 09, 2022, 01:29:57 PM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
Indeed, the crypto market is now similar to a rollercoaster and this is primarily due to the situation in the world. In this case, I mean problems both in the economic and financial sectors. And as you know, at the beginning of problems in the financial sector, many investors try to either take profits or go into cash, a few try to maneuver the market in one direction or another. It is all these processes that make the market roller coaster. As for the whales and major players, I believe that they are also at least watching the whole process, and maybe even partially taking part in it.
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WalkerIVIV
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July 09, 2022, 01:53:46 PM |
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The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.
The whales are in fact very influential but at the same time they cannot manipulate the market at will, that means also if they were influencing the price of crypto. I meant the manipulation is not always about pumping the price and then make it down again. Sometime adding more fear to the market was also can be called as manipulation by the whales. The whales have very big power to influence the price of crypto. it can be seen easily how it can drive people to buy or even sell by doing various things.
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pawanjain
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July 09, 2022, 02:02:01 PM |
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Whales are definitely there in BTC and ETH market but it doesn't mean that their influence will large impact the price of bitcoin or ethereum. Ofcourse many people hold large amounts of BTC and ETH but at the same time the marketcap is huge enough to not make very huge difference. It might create a spike then and there and they might be able to create a minor dump but what happens at such huge levels are not manipulations afterall. We need to see the charts at higher time frame to indicate whether it is a manipulation or a trend reversal.
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Xal0lex
Staff
Legendary
Offline
Activity: 2674
Merit: 2636
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July 09, 2022, 03:56:16 PM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
What bitcoin & ethereum price control are we talking about? Bitcoin & ethereum do not control anything in a bear market. They, like other assets, are also affected by the U.S. Federal Reserve's decisions to reduce inflation. Because of the outflow of liquidity, many markets, including the risky cryptocurrency market, are exposed to cash outflows and this leads to lower coin prices. We should wait for their hawkish policy to change to a dovish policy so that markets can start pumping up liquidity again.
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carlisle1
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July 09, 2022, 04:23:55 PM |
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The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.
The whales are in fact very influential but at the same time they cannot manipulate the market at will, that means also if they were influencing the price of crypto. I meant the manipulation is not always about pumping the price and then make it down again. Sometime adding more fear to the market was also can be called as manipulation by the whales. The whales have very big power to influence the price of crypto. it can be seen easily how it can drive people to buy or even sell by doing various things. Doing an artificial movement from both sides of the market is also part of the participation of whales, Though I'm more to that part where you mentioned that they created fear and also greed for the market, those factors can't be denied that there are bag-holders who are trying to influence the market and they are more on seceding from how they orchestrate their actions and make a more decent amount of profits.
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Cling18
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July 09, 2022, 05:04:03 PM |
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The whales can affect the prices but they can't completely manipulate top coins like BTC and ETH. There are lots of aspects that make the market too volatile. The daily activities of traders and investors usually affect the market. Whales play a vital role in the crypto world but they can't control the market despite having billions of funds. The market will always be like a roller coaster ride and we should just deal with it.
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eaLiTy
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July 09, 2022, 08:38:21 PM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
You can take any metric to analyze the current market trend, the fact is that no single entity could control the market and it is evident as institutional investors are at a huge loss who invested billions and if it was that easy to control the market they would have done that. Every rally has to end and you end up having a bear market for a while, survive and keep on accumulating for the next rally should be the aim if you are looking forward to make profit in this market.
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AmoreJaz
Legendary
Offline
Activity: 3318
Merit: 1105
Leading Crypto Sports Betting & Casino Platform
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July 09, 2022, 09:55:35 PM |
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The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
You can take any metric to analyze the current market trend, the fact is that no single entity could control the market and it is evident as institutional investors are at a huge loss who invested billions and if it was that easy to control the market they would have done that. Every rally has to end and you end up having a bear market for a while, survive and keep on accumulating for the next rally should be the aim if you are looking forward to make profit in this market. these whales even if they have large amount of holdings indeed can't manipulate the market. they can create temporary movements but it won't be significant. this roller coaster ride is a combination of so many factors, hence, we can't pinpoint those factors that are influencing the market. there are so many metrics and yet, no one is really successful in using those metrics to know what's next. but we can always speculate or predict so we know what to do with our portfolio.
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Iyeman
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July 09, 2022, 10:50:55 PM |
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the market movement kinda volatile because we are in such a massive down trend, right now the current price for the most of the coins could be going downhill like quite literally every day. this is also the reason that so many people says accumulating at this downtrend is like catching a falling knives because we don't really know which correction gonna be the bottom of the this downtrend.
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TheUltraElite
Legendary
Offline
Activity: 3094
Merit: 1339
Just crossed LEET number of Merits!
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July 14, 2022, 06:18:25 AM |
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these whales even if they have large amount of holdings indeed can't manipulate the market. they can create temporary movements but it won't be significant. this roller coaster ride is a combination of so many factors, hence, we can't pinpoint those factors that are influencing the market. there are so many metrics and yet, no one is really successful in using those metrics to know what's next. but we can always speculate or predict so we know what to do with our portfolio. For the last one day were are more in stagnancy than roller coaster. Price is going between 19.9 to 20.1k USD and not moving too far from the average. A lot of factors come into play here. One big factor is the lack of impactful positive news at the moment to drive the market upwards. In the lack of such the market can still go up if some big players buy bitcoin in the same time - which is absurd to think of in the first place. Right now, buying or selling should be kept on hold and observation should be done. Overall local country markets are in a downtrend too.
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