Yes, it's intentionally. We have alleged that market manipulation is rampant by some groups of big investors and/or exchanges itself.
Traders and/or exchanges can place millions of orders without executing it, which can influence prices movement.
It happens due to lack of regulations and limited oversight of manipulative trading, spoofing and wash trading.
In spoofing, a trader submits a spate of orders and then cancels them once prices move in the desired direction. Wash trades involve cheaters trading with themselves to give a false impression of market demand that lures other to dive in too.
Topic: Bitcoin prices are controlled. Accidentally or intentionally? - page 6. (Read 2040 times)
Most likely on the contrary, the price of bitcoin is controlled only by people who do not know what to do now, because everyone's opinion is divergent. Whales now do absolutely nothing.
I think both. I've just read today about mt.Gox trustee saying that he wasn't selling at the times when funds were moved out of gox wallets and that he wasn't selling on public exchange at all, but his timings correlated with price dumps, so this is a great example of accidental market manipulation where his actions induced panic on the market.
Intentional manipulation? We also had a lot of that starting with Willy bot, and recently with that article that was meant to defame tether and extend the bear market.
Intentional manipulation? We also had a lot of that starting with Willy bot, and recently with that article that was meant to defame tether and extend the bear market.
We all know that song mystic Whales are manipulating the price of Bitcoin, and still bitcoin has a great affect on all of other cryptocurrencies, so basically I can tell the biggest guys with biggest portfolios, can swing the market.
When the market falls long term. The market has few new investors, the old investors are no as interested as before. Volume is very low. That makes the profit from exchange are reduced ( Huge whales are big exchages )
To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
They can be controlled both intentionally and accidentally. There are whales that invest huge amounts of money with the intention of increasing the price of Bitcoin. Since they are aware that the price can be controlled by the rate of demand, they just put in a big amount intentionally and when the price goes up, they will withdraw their money with the profit, causing the price to fall again. To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
There are people with no bad intention, their plan is just to invest a huge amount of money before the price goes up to make better profit, and when they invest, the price will boost immediately.
Yeah on intention matters BTC price can really be held by anyone and that has been proven by so many years when whales try to move and spread some fuds so that the price may fall at their convenient price but for now maybe this one is due to unintentional matters since maybe some of the investors has been afraid of those past news of regulation and certain government interference.
When the market falls long term. The market has few new investors, the old investors are no as interested as before. Volume is very low. That makes the profit from exchange are reduced ( Huge whales are big exchages )
To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
They can be controlled both intentionally and accidentally. There are whales that invest huge amounts of money with the intention of increasing the price of Bitcoin. Since they are aware that the price can be controlled by the rate of demand, they just put in a big amount intentionally and when the price goes up, they will withdraw their money with the profit, causing the price to fall again. To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
There are people with no bad intention, their plan is just to invest a huge amount of money before the price goes up to make better profit, and when they invest, the price will boost immediately.
There are clear boom and boost cycles in Bitcoin, they are useful to shed out all the noobs and leave only the strongest holders that know what they are dealing with. There's a lot of people holding Bitcoin that don't deserve to hold Bitcoin because they don't understand it, so these will be forced to panic sell. Governments and whales will keep stacking up on coins, then they will declare it world reserve currency and then the noobs that sold will complain that Bitcoin is controlled by a small elite.
When the market falls long term. The market has few new investors, the old investors are no as interested as before. Volume is very low. That makes the profit from exchange are reduced ( Huge whales are big exchages )
To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
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