Big money bad for bitcoin in the long run - page 2.

BitDane

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

What's the community's take on this?

I do not think huge money flowing in and flowing out of the market is a bad thing. I think it is a normal occurrence in a market. Whales that bring huge amount of money brings demand to the coins making its price spike which by then create interest to most of the bystanders and making them to join the market because they FOMO.

Huge funds leaving the market because whales cash out is also not a bad thing, it gives a window for another batch of bystanders who wanted to join the market at a lower price, which can trigger market recovery and eventually turned into hype.

So having a cycle like this is not bad for the market but instead, it gives life to it.

GeorgeJohn

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This particular point is what triggers me to make some point in trading section concerning not be dependable on the small increase or fraction of Bitcoin acceleration, so the market is not stagnant and we can't boast of constant green of Bitcoin because of little influencers who comes to the market, so therefore i believe that can fall at anytime and it's applicable to the increment, which it can rise without the expectations of investors.

n0ne

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Quote from: Ucy on February 05, 2023, 04:50:05 AM

Depends on the whales that take out their money from the market. Whales who deserve the money they wish to withdraw will have higher impact on price than whales who don't deserve theirs. Not all money of thesame amount are equal,... 7 btc ≠ 7 btc. . 7btc earned honestly is higher.

Nevertheless, we shouldn't worry too much about whales as they have been pretty much tamed now. They will only have influence on the price if they are allowed.

Market manipulation is part of the market and people are much used to it. Over time people have learnt what is happening in the market and how to overcome such situations. In specific we used to see panic moments created by the whales and made use of the chance to make money. Now things were different as people knew what is happening and they just stay calm than reacting.

dezoel

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They should buy Bitcoin and not any other cheap coins because Bitcoin is the first one that is showing a positive growth (not any other coins) and there is no guarantee that those other coins that they bought can follow. Maybe some of them invested in a shitcoin too because shitcoins can come in cheap prices. They are only created to give distractions and make people lose while those who created them are the ones who can only earn.

It's not only the whales that put's their money into the market but we also small retail investors so even if they pull out theirs, the price won't be affected badly and there is still a chance for it to increase.

Ucy

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Depends on the whales that take out their money from the market. Whales who deserve the money they wish to withdraw will have higher impact on price than whales who don't deserve theirs. Not all money of thesame amount are equal,... 7 btc ≠ 7 btc. . 7btc earned honestly is higher.

Nevertheless, we shouldn't worry too much about whales as they have been pretty much tamed now. They will only have influence on the price if they are allowed.

jeraldskie11

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Quote from: Wakate on February 04, 2023, 01:53:54 PM

Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

I do tell people that investing in altcoins should have a limit because many of these altcoin projects are mainly for the purpose of becoming rich where invest would be anticipating on the market going for a bullish run while the CEOs of those projects are living a lavish lifestyle.
I have seen many of these projects that had ended up becoming a rug pull because of the carelessness of the team behind it. They can easily start another project even with investors knowing after the first projects crashes.

Whether the name of the team of a particular crypto project is know or not it can ended up becoming a rug pull for investors while the team go away with the dollar bag.

I remember what happens in 2021, people got rug pull by this token "Squid Game". Scammers were so strategic because they know that the name of the token is so popular to all that's why they choose it. We all know that in order to earn profit, we have to know where do whales buy and to avoid to be a victim of their manipulation. Most people use to by a currency if the price is high but that's a very risky decision because people who buys at low price starts selling.

For more details: https://www.bbc.com/news/business-59129466

DanWalker

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Quote from: Cryptmuster on February 05, 2023, 04:14:29 AM

The positions of the whales are too large for anyone to influence them. Even though the supply of bitcoin is constantly decreasing on the exchanges, and this tells us that it is being accumulated on cold wallets, and this is most likely done by the same big players.

Where there are profits, there will be sharks, we will never be able to stop them. They need money just like us, and i don't see any harm in having whales involved, it will make the game more interesting with the significant volatility made out of them.

Quote from: Cryptmuster on February 05, 2023, 04:14:29 AM

Unlike the stock market, the cryptocurrency market is still highly manipulated, which is why it is so attractive to whales.

I totally agree, the crypto market is being manipulated by big players, not by supply and demand. This is easy to see, but many people deliberately do not accept this fact, they still think that bitcoin fluctuates due to supply and demand. I believe that cryptocurrency is where many big players gather in the market because it is an open market without any regulation. They will freely manipulate without fear of legal sanctions like the stock market or foreign exchange.

Cryptmuster

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Quote from: teosanru on February 04, 2023, 01:46:56 PM

No matter how much we curse the big money, but the truth is there is no market without big money. Even stock markets have high volumes of big money in form of FII and other institutional investors, in bitcoin these are generally termed as whales. In bitcoin this is much more controlled by the whales as the market is too cyclic right now but as more and more retail accumulation will kick in things will surely get better somewhat like the stock market only.

The positions of the whales are too large for anyone to influence them. Even though the supply of bitcoin is constantly decreasing on the exchanges, and this tells us that it is being accumulated on cold wallets, and this is most likely done by the same big players. Unlike the stock market, the cryptocurrency market is still highly manipulated, which is why it is so attractive to whales.

Captain Corporate

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In order to grow bigger and bigger, not only we will need those whales so that they can buy it at a very high price, but we are going to need it because it will take a while before we could get some "bribery" situation going on in the governments. After all, these wall street types got richer by allowing the politicians to protect them, they give them some money and in return the government lets them do whatever, basically making it unfair for regular people. In this situation, it will be for bitcoin and that's why its going to be different and we are going to see a lot of changes and it will help us as well.

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

I do tell people that investing in altcoins should have a limit because many of these altcoin projects are mainly for the purpose of becoming rich where invest would be anticipating on the market going for a bullish run while the CEOs of those projects are living a lavish lifestyle.
I have seen many of these projects that had ended up becoming a rug pull because of the carelessness of the team behind it. They can easily start another project even with investors knowing after the first projects crashes.

Whether the name of the team of a particular crypto project is know or not it can ended up becoming a rug pull for investors while the team go away with the dollar bag.

teosanru

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

No matter how much we curse the big money, but the truth is there is no market without big money. Even stock markets have high volumes of big money in form of FII and other institutional investors, in bitcoin these are generally termed as whales. In bitcoin this is much more controlled by the whales as the market is too cyclic right now but as more and more retail accumulation will kick in things will surely get better somewhat like the stock market only.

The Cryptovator

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Remember that if you see a quick pump in the market, this could be a sign of institutional investment or the manipulation of a huge amount of money. If whales plan, there is a good possibility that the market will crash when they sell everything. However, if the investment originates from institutional investors, it won't be as simple to dump. On the most recent bull run, we saw how Bitcoin was vigorously pushed without a significant drop. However, the market begins to crash when investors cash out their funds. Therefore, we must watch the market to see how it responds. Big money never hurts the market. You must be aware of the situation.

Osama Maaz

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With my experience i see that Diamond hand holders will win at the end and we know any manipulation is temporary or some time a trap for new users to take wrong decision and get trapped , So at the time whales are playing with our minds and trading is like a fight between mentalities so who can control his decision will not lose money and not get in the trap of big market players ( BIG MONEY) .

kryptqnick

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I don't think that the current Bitcoin's upward trend is related to 'whales' pouring their money in. This is a spontaneous FOMO process, triggered possibly by a lot of things, such as the prognosis of recovery of the EU economy, stabilization of the USD inflation, hopes for a better year than the one we had, and maybe even El Salvador's Miss Universe candidate wearing a Bitcoin-themed costume. Bitcoin isn't manipulated by whales, and while a bearing market tends to follow a bullish market, it happens with or without big investors, and the lowest price Bitcoin goes down to keeps getting bigger every year. It's three steps forward and two steps back, but that one step forward that remains each time is enough for progress.

GideonGono

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

I see your point and I also have the same idea before that those who are pumping or investing a huge amount while the price is low would pull out when the price gets high,
But I found out that it doesn't really matter if they suddenly decides to pull out as long as there are people who are also eager to buy in on the time that those whale decides to sell.
The market would bleed if mahority of the investor's decide the same thing or they follow that wave but what if they counter it and instead of selling people would buy in?

adzino

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

Isn't it obvious? Those who invest, they do it for the profit. The price is low, they buy, the price goes up, they will take their profit. Most of the people don't invest in crypto currencies to use it as a regular currency. They use to for the money they can make. It's like buying gold right now. People aren't buying gold to use it is a medium of exchange, they use it to sell it later. And if you look at the market, you will notice that it has always been like this. Once the price starts going up, eventually the correction phase takes place and the price drops.

blockman

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

Whether we like it or not, the market is free, and big and small money can come in and out from it. And that's why if there are huge players coming into the market, the demand rises and they're one of the factors as to why the price of bitcoin goes up.
We're just in the middle of it and just have to adapt the changes whatever they are. It's not actually bad if big money comes in, we all like it and that's inevitable, no matter what happens, there will be new comers that shall take part in the market.

Iranus

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Quote from: Sayeds56 on February 03, 2023, 09:51:42 PM

Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

The crypto market, with a capitalization of around 2 Trillion, which is far below, when we compare it to Gold and stock markets, is considered to have room for further growth and investment by many analysts.The general view of community is that entry of more money into crypto market will bring more stability & legitimacy to crypto market, which will drive more growth and adoption. This could also lead to reduction in manipulation, as the base of holders will become wider.

The bigger the market, the more stable it is, and the volatility are also greatly reduced, so those who have the opportunity to know the market as early as now, have a great opportunity. We should make the most of it for the best profit before the market becomes stable. I understand what OP is afraid of, but let's look on the bright side when there is big money flowing into the market is a good opportunity to make bigger profits.

Xampeuu

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Quote from: Sayeds56 on February 03, 2023, 09:51:42 PM

Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

The crypto market, with a capitalization of around 2 Trillion, which is far below, when we compare it to Gold and stock markets, is considered to have room for further growth and investment by many analysts.The general view of community is that entry of more money into crypto market will bring more stability & legitimacy to crypto market, which will drive more growth and adoption. This could also lead to reduction in manipulation, as the base of holders will become wider.

if the incoming big money is spread among various investors, then there is no need to worry about that. because there is no monopoly on one holder. This is different from most of the newer altcoins, where monopoly of the market occurs. or even planned for a manipulation scheme, like a doge who previously heard the news widely and finally, after being satisfied, left the market to get a fantastic profit, of course

Sayeds56

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Quote from: Woodie on January 25, 2023, 06:36:00 PM

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

The crypto market, with a capitalization of around 2 Trillion, which is far below, when we compare it to Gold and stock markets, is considered to have room for further growth and investment by many analysts.The general view of community is that entry of more money into crypto market will bring more stability & legitimacy to crypto market, which will drive more growth and adoption. This could also lead to reduction in manipulation, as the base of holders will become wider.

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