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

[krishnaverma]

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

Less liquidity than traditional financial markets ? I thought bitcoin has already left behind most of the stocks or offline companies in USA also.

[Ale88]

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 demand for altcoins is limited because their name is pretty self explanatory: alternative coins. Alternative to what? To bitcoin. If you really believe in cryptocurrencies bitcoin is the clear choice, is you want to take some risks then buy altcoins. Manipulating the bitcoin market is way more difficult today compared to years ago but, in my opinion, there still is manipulation.

[Felicity_Tide]

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 demand for altcoins is limited because their name is pretty self explanatory: alternative coins. Alternative to what? To bitcoin. If you really believe in cryptocurrencies bitcoin is the clear choice, is you want to take some risks then buy altcoins. Manipulating the bitcoin market is way more difficult today compared to years ago but, in my opinion, there still is manipulation.

Considering it's market cap and the numbers of investors involved, whales manipulation might be a difficult thing to say when it comes to Bitcoin. But we can't overlook the effect of news and rumors. Bitcoin just went below $54K some minutes ago, with no clear information on what happened or who is selling. This is a clear opportunity for few individuals(not sure of who they are) to start passing rumors inorder to push others into selling, so they can buy the dip for themselves.

[Marvell1]

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

Less liquidity than traditional financial markets ? I thought bitcoin has already left behind most of the stocks or offline companies in USA also.

Gold's market capitalization is $17 trillion, the US stock market capitalization is $50 trillion, and the global market capitalization is $109 trillion, while bitcoin's market capitalization is just over $1 trillion and has a liquidity of $30 billion/day. Based on this simple data, do you think Bitcoin's liquidity is has already left behind other traditional markets? 

A market capitalization of $1 trillion sounds huge when compared to the GDP of 3rd world countries or small financial institutions. But when compared to other assets or financial markets in the world, bitcoin is very small and even nothing. So it would be naive to say that it cannot be manipulated or is too big to be manipulated. But the advantage of the small cap market is that the growth potential is huge and that means we still have plenty of opportunities to make big profits from bitcoin.

[Agbe]

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 ?

It is not least effect but high effect of whales participating in bitcoin more than altcoins. The demand and supply of bitcoin is high and for altcoin is low. The demand of altcoins whole have high but because high transaction fee couple with the congestion made many investors to leave altcoins. And they have loss enough investors. And from onset many people don't like to invest altcoins because of the nature they portray in the cryptocurrency world. So many investors of cryptocurrency see altcoins as shitcoins. And if you look at the cryptocurrency market cap, you will discover that, many investors in altcoin since last year have not gotten any profit and now that the market is decreasing or going down, they are losing again.

[alastantiger]

Considering it's market cap and the numbers of investors involved, whales manipulation might be a difficult thing to say when it comes to Bitcoin. But we can't overlook the effect of news and rumors. Bitcoin just went below $54K some minutes ago, with no clear information on what happened or who is selling. This is a clear opportunity for few individuals(not sure of who they are) to start passing rumors inorder to push others into selling, so they can buy the dip for themselves.

Whales manipulate the market more when there's fear in the market and the price of Bitcoin is declining, as the market has seen a dip most whales will use this chance to push for fud that'll see the market fall further so they can buy when everybody is panicking to sell. All cryptocurrency gets manipulated by whales but there's less manipulation because of the marketcap of Bitcoin. Whales know that there are many investors waiting for the dip to buy hence their manipulation will be favouring others and not only their own self which isn't what they want because whales are greedy and what to make the most profits from the market through manipulation. To see the whales in full action is to observe some altcoins like newly created altcoins and you can see them manipulating the price. When whales are manipulating the price, don't fall into their trap and be panicking like most people in the market do that don't have experience will be panicking but be buying.

[icalical]

Although Bitcoin is currently the most used cryptocurrency, whales can still manipulate it. Indeed, recent estimates show that huge investor whales of Bitcoin continue to move markets. For instance, in August 2024, a huge sell order of about 12,000 Bitcoins raised fears over the possibility of market manipulation since large trades can result in huge swings in price.

Large holders of Bitcoin have been gathering large sums of it, and whale activity has gone up in recent times. Based on that event, I think I can take some conclusion that whales can still manipulate the price of Bitcoin. Even though it is true that Bitcoin is less vulnerable to whale manipulation compared to altcoins, it doesn't mean that Bitcoin is 100% invulnerable to be manipulated.

[ethereumhunter]

The whale can manipulated but that will be difficult. The situation was different than in a few years ago whereas Bitcoin price is not in a high price so people who has many Bitcoin can moves the price. But now, with the Bitcoin price is at a high price, not many people can move the price. Maybe only those who have a large Bitcoin amount can shake the price but I don't think they will want to do that. But if the whale see a way to manipulate the price, maybe they will do that for their benefit so when they achieve the goals, they will let the market make a decision where to moves. The news plays a big effect that happen in the market so we can see many bad news can effect the market situation and makes many people panic with the bad news.

[fuguebtc]

Even though bitcoin manipulation is a bit harder than altcoins, but I think whales still prefer to manipulate bitcoin over any altcoin because bitcoin has better liquidity and manipulation is harder to detect. Not to mention, the entire crypto market is still moving with bitcoin, so whales just need to find a way to manipulate bitcoin to be able to manipulate the entire crypto market.

Everyone says bitcoin is hard to manipulate but I think the opposite. Whales and market makers take advantage of bitcoin's high volatility, and they don't even have to put much effort into manipulating it. Sometimes it just takes spreading rumors or positive news like the US government moving most of the bitcoins, Mt.gox selling bitcoins or someone secretly buying bitcoins in large amounts...Just news like that can change things very quickly because they know that the market is very sensitive to news.
Cryptocurrency is a very small market with little regulation, so manipulation occurs more frequently than in other financial markets. But many people still stubbornly believe that bitcoin cannot be manipulated because it is decentralized  .