Is there least effect of whale manipulation on bitcoin among all crypto coins ?

[Onyeeze]

Bitcoin is popular among huge population all over the world while the demand  for altcoins is limited. Does this mean there is least effect of whale manipulation on bitcoin among all crypto coins ?

The thing is that bitcoin is the first in cryptocurrency to have dominance and I believe that any other coins is just copings bitcoin ways of method, so believe me that bitcoin is like father to other coins so that is why when is he a new coin that is being launched today many of them is being compete with Bitcoin so from my own understanding the demand of altcoin cannot be higher than the demand of Bitcoin mostly a particular altcoin why people love to go to altcoin it is because when you invest on it there is every possibilities that you will make a good profit, so therefore we should understand the basics things that has to do with bitcoin before we compare it together, so bitcoin investment is different from altcoins despite all is cryptocurrency

[krishnaverma]

When Bitcoin price increase, altcoins price increase more.
When Bitcoin price decrease, altcoins price decrease more.

So, if the whale manipulating Bitcoin market, it also affect altcoins price too. The demand of altcoins could be higher than Bitcoin if they're hype, but hype won't last long and it will not affect Bitcoin price.

The relation is there but it is not that simple.

Like when bitcoin price increases, it does not mean price of every altcoin will also increase. Some might decrease by good margin.
Same was we can see the behavior when bitcoin price decreases and altcoin behaves differently.

[aylabadia05]

Like when bitcoin price increases, it does not mean price of every altcoin will also increase. Some might decrease by good margin.
Same was we can see the behavior when bitcoin price decreases and altcoin behaves differently.

Not all altcoins, maybe only a few top altcoins have an impact on the increase or decrease in price.
Market behavior is different, but based on our experience in the market, Bitcoin always has an impact on altcoins even though it is only a top altcoin.

In terms of market behavior, altcoins can be manipulated such as market cap levels and ranks on the list, but it will be very difficult for Bitcoin because the number is fixed in the sense that it does not increase anymore.

[FinneysTrueVision]

I don’t think there is some secret cabal of whales that is holding meetings and deciding when to pump the price of Bitcoin and when to make it drop. Manipulation usually occurs at the small cap level, with newly launched pre-mined tokens. It is not necessarily whales manipulating the price, but sometimes it is developers working with social media influencers and minor celebrities.

Bitcoin is immune from these types of organized pump and dump campaigns, unless you believe the conspiracy theories about Tether printing fake money and creating artificial demand, but I have not seen any convincing evidence of this.

[Marvell1]

I don’t think there is some secret cabal of whales that is holding meetings and deciding when to pump the price of Bitcoin and when to make it drop. Manipulation usually occurs at the small cap level, with newly launched pre-mined tokens. It is not necessarily whales manipulating the price, but sometimes it is developers working with social media influencers and minor celebrities.

Bitcoin is immune from these types of organized pump and dump campaigns, unless you believe the conspiracy theories about Tether printing fake money and creating artificial demand, but I have not seen any convincing evidence of this.

There is no financial market that is not subject to manipulation, including the stock market or the gold market. The smaller the market, the easier it is to manipulate, and with a market without many regulations and freedom, manipulation will take place more easily. Bitcoin's capitalization is only 1.5 trillion and the entire market has a capitalization of 2.4 trillion, which is smaller than the GDP of a country like Germany or smaller than a technology company like Apple. Compared to the gold market capitalization of 15 trillion and the stock market of more than 100 trillion, cryptocurrencies and bitcoin are nothing and still very small. So manipulation will be easier and more frequent.
Bitcoin is even very susceptible to manipulation by fake news spread on social networks, let alone that it will be immune to hidden forces from Wall Street.

[Value.Virtue]

Bitcoin is popular among huge population all over the world while the demand  for altcoins is limited. Does this mean there is least effect of whale manipulation on bitcoin among all crypto coins ?

I would say the opposite than your saying. Bitcoin has biggest marketcap and dominate the cryptocurrency market but I believe there are more people who don't use Bitcoin but use altcoins or invest in altcoins. They don't actually make good decisions because altcoins are more risky for either trading or investment. Holding altcoins in a bear market in one market cycle, which lasts about 2 years is very terrible.

Bitcoin can have 70% or 80% correction from its all time high but altcoins have deeper corrections, 90% or 99%. Many of altcoin projects die in bear market because altcoin developers are more easily to abandon their projects, and wait for new trends to create new projects.

I agree with what Catenaccio has just said and in addition to what he as said from my opinion, many people will buy BTC during the bear season while many will be skeptical to buying altcoins during bear season because the tendency of BTC price correction is higher than altcoins, hence, altcoins even depends on BTC rising price to also rise and when the timing is longer at bear season they may move to coin grave yard and cease existing.

[Yatsan]

There are many whale investors of Bitcoin which contributes to every market price crash and pump however they cannot do it alone unlike with some altcoins wherein a single whale could bury a new coin. Factor I guess is its large market cap which represents how many people are having Bitcoin holdings. As long as demand and supply is concerned, big investors will always matter.

I don’t think there is some secret cabal of whales that is holding meetings and deciding when to pump the price of Bitcoin and when to make it drop. Manipulation usually occurs at the small cap level, with newly launched pre-mined tokens. It is not necessarily whales manipulating the price, but sometimes it is developers working with social media influencers and minor celebrities.

Bitcoin is immune from these types of organized pump and dump campaigns, unless you believe the conspiracy theories about Tether printing fake money and creating artificial demand, but I have not seen any convincing evidence of this.

They're most likely multiple groups or just a couple of numbers. I can't agree with Bitcoin's total immunity against price manipulation. Just check on the charts and simply look at long candles on shorter time frames, the answer is there already. However they're not solely responsible of the dumps; it's a combination of big and small investors alongside domino effect. Observe every uptrend; there will always be a consolidation at 'peak' prices because big investors are selling on those lines, and once small investors do the same thing, expect for a continuous decline. Not a new thing by the way.

[LandDAO]

Bitcoin's popularity and larger market cap do offer some protection against whale manipulation compared to smaller altcoins. However, whales can still influence Bitcoin's price due to its relatively low liquidity compared to traditional financial markets. It's less susceptible than many altcoins, but we shouldn't ignore the potential for large holders to impact the market