Topic: BTC Whales are playing a dangerous game - page 4. (Read 589 times)
Where have you gathered such statistic that whales control 1/3 of BTC's market? But anyway, let's get to the facts. Whales are always around since the advent of Capitalism, and there really is no one to blame since they're just exploiting whatever advantage they have in the market in order to make a profit. What's wrong is that they exploit it up to the point that the market doesn't offer any form of opportunity to the average people to make a profit, hence, the market only benefits the whales in the long run. While I like the idea of the government looking up the possibilities of market manipulation, I don't think that this will be ever enough to eliminate the control whales have already established in the market. Heck, even the traditional stock and bond markets are being manipulated, so up to what extent would the governments eliminate the manipulation present in cryptomarkets?
This depends on a lot of things to be honest, i really believe in that crypto is being manipulated by a lot at the moment, but it can change at some point if everything gets back to normal.
I think manipulation may inflate or deflate the price of coin but we should differentiate the whales who simply sell and buy a large number of their coins with those who try to control their price with their huge capital for their personal gain.
Manipulation can have huge impact on market but I don't think it can destroy Bitcoin thoroughly, because not all of Bitcoin belong to them. Addititonly, though I'm not fond of manipulation but actually the whales just use their money, not scam money from anyone, to earn profit. It seems that's their right.
Big whales are part of the bad news spreading about bitcoin. They're doing that because they want to earn bigger profit. This is a different type of scam, they earn bitcoin on the panic seller because of their doings. We know that big whales only cares for themselves, they dont care if that thing falls, they just try another things when this thing not works anymore.
Manipulation can have huge impact on market but I don't think it can destroy Bitcoin thoroughly, because not all of Bitcoin belong to them. Addititonly, though I'm not fond of manipulation but actually the whales just use their money, not scam money from anyone, to earn profit. It seems that's their right.
Yep. Manipulation is unfair. It can make cryptocurrency get peaked and after that plummet. In stockmarket, this action will definitely be heavily fined. But in crypto market, it's not.
Bitcoin is highly decentralized and if according to the poster SEC is watching does it mean that Bitcoin is no longer decentralized? If Bitcoin succumb to regulation then it is coming to an end for bitcoin and other altcoins. Let us wait and see.
The SEC is USA jurisdiction but the EU and and other countries will probably follow their lead!
I do hope the SEC will be able to hold true to their investigation. I bet the whales are in a huge manipulation for the current price freeze so to say. They sure have control over the price, they put up negative news to pull down the price so they can buy so much. Newbies panic sell so they use that strategy everytime.
I don't know that this is really happening lol. Stockmarket manipulation is really not illegal in my opinion tho we hate the idea because it sounds really unfair. But that is just how the crypto stocks really works. Tho i am not sure if they can really put them in jail
Yeah! they can do what ever they want to do in their coin because it is fair and they have also a right thing to do on their own. Because if you want to have profit then know what the whales want to do and be like a whale, do buy when they dump it then sell it when you know that if it right time to sell your coin. Yes, they can get into jail when the bitcoin was ban in their country.
The Whales could possibly destroy BTC!
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
So if I'm one of the whales and I wanted to dump all of my BTC due to some financial reasons so I'll be imprisoned for withdrawing my very own investment? That sounds ridiculous though. I know it sounds unfair cos the value of btc will be affected for such actions but no one can dictate you what to do with all of your investments. I really don't know why they find it illegal, its just a strategy done in a timely manner.
I hope you do understand that just selling your coins is totally legal, what is illegal is market manipulation when you artificially inflating or deflating the price of a security, coin or whatever, basically misleading market for your personal gains.
The Whales could possibly destroy BTC!
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
So if I'm one of the whales and I wanted to dump all of my BTC due to some financial reasons so I'll be imprisoned for withdrawing my very own investment? That sounds ridiculous though. I know it sounds unfair cos the value of btc will be affected for such actions but no one can dictate you what to do with all of your investments. I really don't know why they find it illegal, its just a strategy done in a timely manner.
Bitcoin is highly decentralized and if according to the poster SEC is watching does it mean that Bitcoin is no longer decentralized? If Bitcoin succumb to regulation then it is coming to an end for bitcoin and other altcoins. Let us wait and see.
Is this dangerous? Whales only use their money, then on what basis do they want to imprison big investors? Whales do not deceive humans, whales only outsmart market prices, take advantage of opportunities. Everyone can become a whale as long as they have a lot of money. And I think forbidding people to buy bitcoin equals violating human rights.
The Whales could possibly destroy BTC!
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
btc whales cant control market if all bitcoin user move from Conventional exchange to decentralize exchange/atomic swap BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
Actually whales always play the game in dangerous was. They manipulate the price which give bad effect to those small fish bitcoin holder for they surely lose their earnings because of whales. However, there is also good side from whales manipulation for everybody are beneficiaries once bitcoin price rise everything rise then profit rise too.
The SEC has no jurisdiction in other countries and it is difficult to prove it in any way, because these whales are not working alone. So do not get your hopes up that any SEC investigation is going to stop any of the price manipulation that is going on globally. 
All markets have their whales that are influencing commodity prices, so we should just accept that and continue with the experiment.
Absolutely.Bitcoin is traded internationally and i don't think that SEC would be able to effectively control all trades carried out worldwide.If the big whales use exchanges like Hitbtc which don't follow KYC,then it would not be possible. All markets have their whales that are influencing commodity prices, so we should just accept that and continue with the experiment.
You just said it , they own the 1/3 Rd part of the market and the remaining 2/3 Rd are the investors .
They can manipulate the market no doubt but they can't kill Bitcoins.
Sooner or later it's bound to recover if they think about escaping the picture.
They cannot completely destroy BTC until and unless they own 100% of whatever btc have been mined yet.
I think we should think about our own contribution and let this thing slide since it's not something that's in our hands.
They can manipulate the market no doubt but they can't kill Bitcoins.
Sooner or later it's bound to recover if they think about escaping the picture.
They cannot completely destroy BTC until and unless they own 100% of whatever btc have been mined yet.
I think we should think about our own contribution and let this thing slide since it's not something that's in our hands.
The Whales could possibly destroy BTC!
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
BTC Whales control one third of BTC
The Good news is the SEC are investigating Whales for market manipulation.
If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved.
The SEC are watching these Whales so they would want to be careful!
In my opinion the whales are running scared and that is why the market is in the doldrums.
ETH whales are also being watched carefully!
https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-market
whales are the major thing threatening the decentralization of cryptocurrencies and I think it should be somehow naturally controlled that the whales are not ruling the network.
I think what whales do is nothing wrong, they are reasonable to do and can manipulate the market because they have huge capital. And everyone deserves to be a whales if he has a huge capital. This is the risk that every cryptocurrency user will face, price control depends on the person who has the big capital, we have agreed to the decentralization system that has the rule as now.
The SEC has no jurisdiction in other countries and it is difficult to prove it in any way, because these whales are not working
alone. So do not get your hopes up that any SEC investigation is going to stop any of the price manipulation that is going on
globally.
All markets have their whales that are influencing commodity prices, so we should just accept that and continue with the
experiment.
alone. So do not get your hopes up that any SEC investigation is going to stop any of the price manipulation that is going on
globally.
All markets have their whales that are influencing commodity prices, so we should just accept that and continue with the
experiment.
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