Bitcoin Market Is Manipulated - page 2.

pixie85

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Quote from: alexey14 on January 10, 2020, 05:38:34 AM

BTC yesterday 8300$ but today 7760$, Why? its not normal.

This is in fact a normal price action. We had broken a key descending trendline of the bear market but then retraced back below it. I guess most traders got scared that the bear market is still in play and this pump is over. It was also a good moment to take profit if you entered somewhere at 7500 - 7800.

We'll see if this is going to be a continuation or a dead cat bounce.

maartenhaha

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Quote from: alexey14 on January 03, 2020, 04:14:41 PM

if they want they can dump BTC to 100$.

Seriously, why don't they do it?
they "whales" do not need huge profits, for them to enjoy life and see the losses of others

GideonGono

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Quote from: Mihaylovic on January 10, 2020, 11:22:51 AM

unfortunately you are correct. but the main reason of it is crypto market is still newly born thing. that is why bitcoin distrubition is not fair. there are some people that could collect huge amount before. And they are easily manipulating the market. It will be better after a while.

There are isn't sure that it was manipulated because there are a lot of people who do have bitcoin or we can say that the bitcoin was widely spread so even the whale do anything by bitcoin then it can cause a little amount reducing because bitcoin has a lot of user now.

btccashacc

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We can't deny that the price sometimes is being manipulated by the whales I think it's due to bitcoin is still young and those whales were early entering the market so they could have a lot of bitcoins so they have control over it, but as time goes by bitcoin will be adopted widely and it will reduce their power to control the price. Just keep promoting bitcoin to the world so many people can buy it and hold it.

Mihaylovic

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unfortunately you are correct. but the main reason of it is crypto market is still newly born thing. that is why bitcoin distrubition is not fair. there are some people that could collect huge amount before. And they are easily manipulating the market. It will be better after a while.

MWesterweele

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Quote from: alexey14 on January 03, 2020, 04:14:41 PM

Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.

Agree with you, it is manipulated by many whales, who has been waiting for bitcoin to more dump for them to hoard many more, they are the ones who is manipulating bitcoin to pump too, there is no doubt about it, and we need to accept this fact, if they want to make a coin to be pump they will put a high price order and then they will dump too if they want, they are the one who builds large walls too.

Wintersoldier

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Quote from: alexey14 on January 10, 2020, 05:38:34 AM

BTC yesterday 8300$ but today 7760$, Why? its not normal.

It is normal, that is why allot of investors do prefer to invest in cryptocurrency, this volatility is turning their funds into instant profit if they hit the right button whether to buy or to sell their bitcoins. Though, with this huge volatility, we couldn't easily spot the manipulation or state that we are being manipulated by the market but, to think of the possible reasons why bitcoin is suddenly increasing way up higher that serves as the main reason why we buy and sell bitcoin at this time. In simple manner, it is our freedom if we want to join the ride, or let it pass and make our investment secured.

alexey14

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BTC yesterday 8300$ but today 7760$, Why? its not normal.

Kambal2000

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Quote from: Joyawan13 on January 10, 2020, 12:11:01 AM

that's what we have to do, for example we can take advantage of the price of bitcoin which we think is being manipulated by the pope or you say big traders are our chance to profit, for example we can do that, but for example we can't predict and of course you easy to panic when prices change quickly, I suggest not to follow it so that you don't suffer defeat because you have experienced panic when trading it so you wrong predict .

Yes, very true, it is manipulated because it cannot be controlled by the government, it is controlled by whales too, not only Bitcoin but almost all crypto that's why we keep saying that crypto is risky and it will be up to us if we are still going to take risk, by buying and holding it. So, be ready to embrace the risk always and let's not put all our money with this.

Joyawan13

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Quote from: riso2015 on January 09, 2020, 11:47:29 PM

Quote from: karanggatak on January 09, 2020, 10:52:23 PM

from the moment I entered cryptocurrency I knew that the price of bitcoin could be manipulated by whales or large traders. and I don't really think about this as long as we can take advantage of the volatility of bitcoin we will benefit. as long as we can follow the movement of the whale we will benefit. and also not every day the pope will manipulate the price of bitcoin.

Sometimes Whale only stores their assets for the long term,They don't do Pump and Dump prices, only a few Whales are greedy and manipulate prices in the market.Indeed, we can take a benefit from what they do by learning technical analysis techniques when trading so that we do not lose when they manipulate prices.

that's what we have to do, for example we can take advantage of the price of bitcoin which we think is being manipulated by the pope or you say big traders are our chance to profit, for example we can do that, but for example we can't predict and of course you easy to panic when prices change quickly, I suggest not to follow it so that you don't suffer defeat because you have experienced panic when trading it so you wrong predict .

riso2015

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Quote from: karanggatak on January 09, 2020, 10:52:23 PM

from the moment I entered cryptocurrency I knew that the price of bitcoin could be manipulated by whales or large traders. and I don't really think about this as long as we can take advantage of the volatility of bitcoin we will benefit. as long as we can follow the movement of the whale we will benefit. and also not every day the pope will manipulate the price of bitcoin.

Sometimes Whale only stores their assets for the long term,They don't do Pump and Dump prices, only a few Whales are greedy and manipulate prices in the market.Indeed, we can take a benefit from what they do by learning technical analysis techniques when trading so that we do not lose when they manipulate prices.

Reatim

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Quote from: karanggatak on January 09, 2020, 10:52:23 PM

from the moment I entered cryptocurrency I knew that the price of bitcoin could be manipulated by whales or large traders. and I don't really think about this as long as we can take advantage of the volatility of bitcoin we will benefit. as long as we can follow the movement of the whale we will benefit. and also not every day the pope will manipulate the price of bitcoin.

with what you said,this means investing in crypto is totally gamling?because for someone to profit there must be someone to lose their investment?
we knew that if whales is manipulating the market in a certain time is they are waiting for Victims to enter and buy Bitcoin ( as they believe that pump will continue)then after they reached the target investments they will dump and the investors will get trapped with that price margin?so if thats the case it is better for all of us just to go in gambling site as the winning is much higher?

bangjoe

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Quote from: asus09 on January 09, 2020, 12:44:51 PM

Not possible to manipulated bitcoin price although we have 100 bitcoin, many bigger investor looking way how to manipulated with bitcoin price but always failed because bitcoin not only holding by investor but many company accepted bitcoin and hold much bitcoin in their wallet, just giving bad news how to manipulated bitcoin in lower price and giving positive or good news to make bitcoin have higher price.

100-200 btc is able to change direction because whales can prioritize the gaps that arise when bitcoin fails with a resistance test, many traders end up taking the same thing when it almost touches liquidation. Manipulation does not always have to be specific because the difference of $ 500 has made a big difference in the profits they plan, they succeed first before the market returns to recovery, the failure ratio is very small if it occurs in the short term because they can return to long positions.

btc78

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Quote from: alexey14 on January 03, 2020, 04:14:41 PM

Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.

they can pump to $1 million?even they will combined all their crypto assets they cannot pump Bitcoin into Million value dude so dont be exaggerated .

for Bitcoin to reach that amount we need also another sets of investors to put money inside cryptocurrency and that needs mass adoption.

karanggatak

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from the moment I entered cryptocurrency I knew that the price of bitcoin could be manipulated by whales or large traders. and I don't really think about this as long as we can take advantage of the volatility of bitcoin we will benefit. as long as we can follow the movement of the whale we will benefit. and also not every day the pope will manipulate the price of bitcoin.

akosiMalakas

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Bitcoin now are manipulated and price of this are so very unpredictable that's why we need more knowledge and patience here and also be alert because anytime soon some unexpected event will happen like price increase and rapidly dump in a minutes.

TitanGEL

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Quote from: bering on January 09, 2020, 09:36:21 PM

I think this is one of the weakness of bitcoin that the whales seems can manipulated the price depend on they want and no matter how struggle we are expecting bitcoin price high again but eventually the price of btc will determined on whales movements but i think this is the cause too why some countries didn't admit bitcoin as the currencies because very vulnerable to manipulation

We cannot deny that fact where the market is really manipulated. Whales are existing and thet have high amount of portfolio that can influence the price of bitcoin. The recent pump is cause by the whales, the manipulation is in everywhere and that is why we should always monitor the price action in order to avoid dump and also to see opportunities in the market.

bering

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I think this is one of the weakness of bitcoin that the whales seems can manipulated the price depend on they want and no matter how struggle we are expecting bitcoin price high again but eventually the price of btc will determined on whales movements but i think this is the cause too why some countries didn't admit bitcoin as the currencies because very vulnerable to manipulation

Bitcoinislife09

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Quote from: alexey14 on January 03, 2020, 04:14:41 PM

Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.

The market could be manipulated since it is depending on the supply and demand for bitcoin. By a group of whales, I think they could easily affect the market of bitcoin by holding a very big amount of bitcoin and also when if all have a big percentage of bitcoin this could easily affect the supply of bitcoin in the market affecting the market price of bitcoin. Also most of the time they do this in one exchange that could easily work and then they are just going to sell their bitcoin at the same time making the market dump quickly.

pixie85

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Quote from: hahay on January 08, 2020, 01:28:28 PM

Quote from: TIDOVEE on January 08, 2020, 12:31:16 PM

Those whales are real threat to the crypto market, they are already rich and there find it more comfortable to Hodl and if the market by chance should pump, their single transaction weighs heavily and reduces the chances of many poor investors. In the process of considering them, market is manipulated strategically for a balance.

If so, then whales are not a threat that can damage market value, because with the manipulation done at least it makes a balance with its own flow. They do not work alone because the market can still go up and down in accordance with the cycle that is supposed to occur in each period.

They don't want to damage the market but make money on inexperienced newcomers especially on leverage traders.

They usually buy and sell the same amount of coins and their goal is to squeeze shorts and longs or to buy futures and create a buy or sell pressure on bitcoin markets to make those futures pay.

A typical move by a manipulator is that bart simpson pattern or a fast move up and down like the one on December 4. THey buy 1 thousand bitcoins and then dump that back a few hours later.

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