What can you do to equal them?
Hoard more.
Ain't that what we are doing by now?
Thank them for bringing the price to a lower amount. Now we can buy more and then maybe make them pay for what they did now.
Next time they will be the one losing its value and they will regret they sell at the wrong time.
But after all, they did a good timing in doing it.
What if another whale is doing the same job? It will be a large dump and both will have problems after 1 already bought a large amount since the price will be fluctuating up in an instant.
Topic: BTC Dump: Pure Whale Manipulation - page 2. (Read 652 times)
The BTC dump today was completely manufactured:
Whenever the price drops a lot people blame the whales, I really do not know if are those whales that make the price fall a lot, but what I can say is that the market is still very small so it is possible to be manipulated something very annoying. But we have to be patient and move forward because over time the market will be very large and it will not be easy to be manipulated
However, we should not worry that much because actually every dip is a great opportunity to buy bitcoin at a cheaper rate...look at this at the brighter side and if all of us will do that we are actually giving bitcoin a big boost.
That's right, indeed we are all disappointed with this, but if we continue to dissolve in disappointment we will not make a profit. So use a moment like this to start buying, because we know bitcoin will continue to grow and I'm not worried about this decline.
Indeed we cannot do anything, but if we continue to support bitcoin together, it will make a new suggestion that bitcoin will really survive and rise.
Bitcoin has had a $1,000 price drop in the past 24 hours. Ouch, because I purchased some up there.
It's all cool because I am on the whales side! Up top. I am living the dream with them!
I just bought more at $7,550. A sweet deal, for I am surfing on top of the whales and I am loving it!
It's all cool because I am on the whales side! Up top. I am living the dream with them!
I just bought more at $7,550. A sweet deal, for I am surfing on top of the whales and I am loving it!
It is called correction. Price will always go up, How? No way. Price goes both ways. Whenever someone sales, other one is buying. Price will never go up, unless it goes down. Mate, dont get upset. Crypto faces manipulation every now and then. Sometimes, price goes up without important news and sometimes price goes down even after significant or major announcement. Crypto is volatile and with times, it will be stabilize. People will think about profit. There are tons of factors but Whales are worth mentioning.
We can blame the whales for what they did recently to cause some dump in the price of the bitcoin market and what we can do to play along with whatever they do to seize the opportunity. However, the whales in the subject are pretty smart and I respect him for that because he manipulated the market when he knows Islam is having a holiday which is why I usually advise people to be updated with a public holiday and stock news cause the whales use it sometimes to manipulate crypto market.
We always blame whales for market crashes and etc
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
Nothing bad about it but if you manipulate the market and be the reason why people lose their money, its soomething that gives reason why they kill themselves. I have followed a woman in our town who killed herself for spending his husbands money to BTC last 2017. She hanged herself leaving 2 kids.
I'm not saying I agree with whales
What's the real difference between traders and "whales"? Only the amount of money they have
Is not illegal to dump all BTC you have and buy again. As I said, the solution is simple, don't sell your coins at low
And about the woman you said, it's very sad man, real sad, people need to be careful with money and only put in risk investments the amount they are willing to lose
The dumping is still happeningnup until now, and I'm oretty sure that it will continue to do so within the next few hours. Aside from market manipulation, correction has long been overdue for bitcoin, and I think it is now catching up to us in a rather uninvited manner. As for the whales, if someone bought first what these guys dumped, whoever did the manipulation would surely lose some big numbers as everything happens. They have stimulated the market so well that it's time for them to at least book profits, and it's not nice.
The BTC dump today was completely manufactured:
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link
40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor
15 mins after that, a whale moved 10M USDT from one wallet to another: Link
If you do a little math and follow the timeline, it's not hard to see that someone dumped 25k BTC for $215M and bought it back shortly after for $200M. In doing so, they pocketed $15M and walked away with the same amount of BTC as they started with.
Fuckers.
Edit: For all those saying that no one was complaining when a whale entering the market drove the price us. No shit, all boats rise in that situation. In the one we're talking about here, only one group of people benefit whereas the vast majority are negatively impacted. That's the difference.
Source for the original post
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link
40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor
15 mins after that, a whale moved 10M USDT from one wallet to another: Link
If you do a little math and follow the timeline, it's not hard to see that someone dumped 25k BTC for $215M and bought it back shortly after for $200M. In doing so, they pocketed $15M and walked away with the same amount of BTC as they started with.
Fuckers.
Edit: For all those saying that no one was complaining when a whale entering the market drove the price us. No shit, all boats rise in that situation. In the one we're talking about here, only one group of people benefit whereas the vast majority are negatively impacted. That's the difference.
Source for the original post
Very well said it is a good analysis and the sad part is, they can do this over and over again, but what can we do it's an open market and this is always subject for manipulation, Bitcoin has a lot of whales around it, something should be done about this in the future.
Then we must be prepared all the time, and if you think manipulation was still the hindrance of bitcoin price increase I guess you'll have to ride on it. Yeah lots of whales made this situation became so hard to recover, but I do believe eventually we will overcome this matter soon. We should stay positive and don't ever lose grip until the last breath that you have.
I am not sure that the same whales rebought at 8k. This dump if followed in the next 1-2 days will turn the market to bear again.
Also it is possible they didn't dump all their Bitcoin's yet. They are probably builting the order books with the strategy they have in mind.
Seriously though don't always hate the whales. They have the same plan as always. To make you sell really cheap to them. They profit from panicking and they sell at points like this one. When market is 300% up in 2 months time. Also they most certainly have inside information from exchanges which we don't.
The markets give many hints. I am not that good trader to understand from the charts when it is time to buy, but still when you read news about Tether printing 300m USDT it is most certainly a buy.
Also it is possible they didn't dump all their Bitcoin's yet. They are probably builting the order books with the strategy they have in mind.
Seriously though don't always hate the whales. They have the same plan as always. To make you sell really cheap to them. They profit from panicking and they sell at points like this one. When market is 300% up in 2 months time. Also they most certainly have inside information from exchanges which we don't.
The markets give many hints. I am not that good trader to understand from the charts when it is time to buy, but still when you read news about Tether printing 300m USDT it is most certainly a buy.
That strategy can go against them too. Shorting BTC in a bull run have a greater risk. Lucky for them the market favors their action. If BTC continues to go up before their buy order is filled, they will be buying on the higher price, thus leaving them with less BTC.
I think it is probably going to stabilize around $7200, at the moment people are still dumping some big amounts. I was looking forward to seeing $10,000+ and it was heading in the right direction, but my feeling is it could go sub $6000 within a few days if we get anymore whales dumping massive amounts like that.
We always blame whales for market crashes and etc
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
Nothing bad about it but if you manipulate the market and be the reason why people lose their money, its soomething that gives reason why they kill themselves. I have followed a woman in our town who killed herself for spending his husbands money to BTC last 2017. She hanged herself leaving 2 kids.
Exchanges should have some mechanism to suppress this kind of manipulation, like not having it go lower than 5% of the most recent price. But if only one exchange do this, it will go bankrupt, as the bot users would migrate to the others. They need to unite and place some rules over trading, because the manipulation is showing up and people might get tired of it, and its better to have a consortium putting some rules than some government.
You cant trust bitcoin as a store of value when it drops $800 in just one day, when the bear market had already ended and the price had a organic growth recently. Myself was only going to start selling when it reaches 30k (holding since 2015), now Im thinking about dropping some on 10k, because this last manipulation was very cheeky, the way it happened yesterday.
You cant trust bitcoin as a store of value when it drops $800 in just one day, when the bear market had already ended and the price had a organic growth recently. Myself was only going to start selling when it reaches 30k (holding since 2015), now Im thinking about dropping some on 10k, because this last manipulation was very cheeky, the way it happened yesterday.
We always blame whales for market crashes and etc
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
That's true mate but we the holders are just be jealous of these whales. Most of these whales even act as Binary Traders, they hold some of these huge coins from people who entrust them with their coins and they need profits for them tool. We shouldn't blame these whales becasue if it were us, we will do likewise.
Yes
If we need to "fight" against whales, we need to hold our coins and not sell in a moment of weakness, thinking about a crash
I already lose some money in the early days but I learn to hold and follow my plans
Today we lose almost 1k, but tomorrow BTC could worth 10k...
We always blame whales for market crashes and etc
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
That's true mate but we the holders are just be jealous of these whales. Most of these whales even act as Binary Traders, they hold some of these huge coins from people who entrust them with their coins and they need profits for them tool. We shouldn't blame these whales becasue if it were us, we will do likewise.
The BTC dump today was completely manufactured:
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link
40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor
15 mins after that, a whale moved 10M USDT from one wallet to another: Link
If you do a little math and follow the timeline, it's not hard to see that someone dumped 25k BTC for $215M and bought it back shortly after for $200M. In doing so, they pocketed $15M and walked away with the same amount of BTC as they started with.
Fuckers.
Edit: For all those saying that no one was complaining when a whale entering the market drove the price us. No shit, all boats rise in that situation. In the one we're talking about here, only one group of people benefit whereas the vast majority are negatively impacted. That's the difference.
Source for the original post
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link
40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor
15 mins after that, a whale moved 10M USDT from one wallet to another: Link
If you do a little math and follow the timeline, it's not hard to see that someone dumped 25k BTC for $215M and bought it back shortly after for $200M. In doing so, they pocketed $15M and walked away with the same amount of BTC as they started with.
Fuckers.
Edit: For all those saying that no one was complaining when a whale entering the market drove the price us. No shit, all boats rise in that situation. In the one we're talking about here, only one group of people benefit whereas the vast majority are negatively impacted. That's the difference.
Source for the original post
I didn’t realise this was the scenario until you pointed it out with those transactions, yes now I too believe that it were the whales who manipulated today’s dump. While I understand your frustrations with them, I do not feel they did anything wrong cause it’s smart trading where they made quick returns and got their capital back. This kind of transactions happen in stock markets too, one who has the power to do it will do it there’s nothing we can do about it.
We always blame whales for market crashes and etc
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
But if you have something like millions in BTC, you'll probably do the same, they are gaining money
The only powers that controls Bitcoin price are the whales and nothing more. Even before this, there was an incident that happened, when a whale dumped more Bitcoins and bought them back with a huge profits at the end thereby affecting the masses who hold little of these coins. The whales control the market, and nothing we holders c an do period.
If the btc price dump is manipulated by the whales,then this is kinda good news.I will consider it bad news,if there is a bearish trend coming.
The btc price might return to the bullish trend organically,without any push coming from some whales(if they stop with the mass selling,of course).
The btc price might return to the bullish trend organically,without any push coming from some whales(if they stop with the mass selling,of course).
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