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Topic: Can the Wall Street fat boys kill Bitcoin profits? (Read 538 times)

member
Activity: 350
Merit: 10
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?

suppose till the crypto market is still not in the trillions capital,
 WallSt can manipulate it for their need, but later supose it will be not so easy)
Yes, the cryptocurrency market is too small compared to other financial markets in the world so it is vulnerable to wealthy investors but next year when the size of the market grows stronger Surely that will not happen again. I believe in the next five years the cryptocurrency market will be capitalized in other major markets such as Forex.
jr. member
Activity: 173
Merit: 1
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?

suppose till the crypto market is still not in the trillions capital,
 WallSt can manipulate it for their need, but later supose it will be not so easy)
full member
Activity: 473
Merit: 100
The Wall street fat Boys may have large significant effect on Bitcoin profits since they starts the move but can never kill the whole profits in all ramification.. This can even only be to some extent, the total control can never be saddled with them. Bitcoin deregulation also has a big role in this effect, where only manipulation is what these big whales can do just to some extent since Bit coin is not just traded in the countries where they belong alone.
newbie
Activity: 193
Merit: 0

From my point of view, trading in futures did not affect the price of a bitcoins.
It's all about the currency in which bitcoin is nominated - USDT (Tether).
Problems with it are the main factor that influenced the price drop bitcoin.
full member
Activity: 259
Merit: 100
- "Bitcore (BTX) - The Future is Now"
Well it is clear that they are in it right now.
But it shouldn't be a problem if they achieve that because bitcoin isn't meant to make profit.
The value in bitcoin is a decentralized system , so the average joe won't get screwed by their government any more.
newbie
Activity: 28
Merit: 0
some of this whales are from the wall street what we can do is to ride the trend they are creating as they are not the only ones who can benefit the price action of something. Yes, some might be affected by the price change of Bitcoin but if you know how to trade then you won't be far out of them. This is because when bitcoin prices are increasing any whales or manipulators will lose their controlling power slowly. It's quite difficult to say. There are contradictory views, people who see Bitcoin futures as a mainstream approach and the others who believe it might have a negative impact on the Bitcoin market, manipulation/shorting.  Let's say that biggest holders decide to sell all their coins. Problem with that is, there are really low chances that all of them would agree and on that. Another problem would be, who would buy all those coins and for which price at the end. So yes they could manipulate bitcoins price a bit, but that is very hard to do at the same time.
full member
Activity: 252
Merit: 100
i think thats was right about speculation if they had a major bitcoin in their pocket
but it seems make sense if they selling something in deepweb some illegal stuff (just my speculation)
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
They aren't here to kill BTC, their goal is continuous profit and you can't milk the cow if you kill it and eat it, even though short term gains might look promising (steaks are yummy) milking for a couple years is far more profitable and in the end you can have a steak anyway Wink.
Jokes aside, they will put big money in once the bull trend becomes confirmed. If we break 9500 you're most likely going to see a crazy rally again, but for now we can as well go back down to retest the lows.

The wall street boys don´t take much care on cutting or not cutting the trees, whether they have apples or not, as long as they can make profit, they will kill squirrels if necessary.

They made their money on this correction and there's not a lot they can do now as the support at $5000 is huge.
member
Activity: 276
Merit: 23
cyrptocurrency market is so little for Wall Street boys.if they wan it they can rule the that market too maybe they does.So I think they will not cut the three which gives apples

The wall street boys don´t take much care on cutting or not cutting the trees, whether they have apples or not, as long as they can make profit, they will kill squirrels if necessary.
full member
Activity: 450
Merit: 122
cyrptocurrency market is so little for Wall Street boys.if they wan it they can rule the that market too maybe they does.So I think they will not cut the three which gives apples
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
The wall street investment will have a definite impact in the price of bitcoin on how much it can go higher and expect the fall to be harder and since majority of the investors are big time whales ,it is not an big issue for them to control the direction of the market and there will be profit booking that could dent the market ,anything is possible with them,hope that the coins are well distributed and let there be a time when no one could manipulate the market.
Hoping for avoiding market manipulation wont work anytime since its really possible for bitcoin to be manipulated once big players would able to join in specially into those wallet street boys that do have really fat wallets. People can freely buy on what they want and accumulate bitcoin as much as they want since they do have the capability on such thing this is why its normal to think that price manipulation or market movement is really there.
hero member
Activity: 1302
Merit: 532
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
The wall street investment will have a definite impact in the price of bitcoin on how much it can go higher and expect the fall to be harder and since majority of the investors are big time whales ,it is not an big issue for them to control the direction of the market and there will be profit booking that could dent the market ,anything is possible with them,hope that the coins are well distributed and let there be a time when no one could manipulate the market.
member
Activity: 276
Merit: 23
Yes bitcoin futures has made unstable changes to occur in bitcoin prices which were not found before. Bitcoin has seen a ATH within a month followed by a sudden downfall to 10,000 dollars after the launch of bitcoin futures. At first, the Wallstreet fat boys considered bitcoin as their main rival but then when they were not able to stop its progress, they just changed their strategy and started to get involved in bitcoin.We would have to just wait and see its effect over bitcoin after a considerable period of time.
I do not think that is the fault of the futures market to me this seems bitcoin doing what it has always done, the price can be influenced and this is just another time to remember this, so you either keep holding your coins and you sell them for a bad price and lose money by doing that.

Your analysis misses the fact that it is very unlikely that Bitcoin will ever have x100 or x1000 returns in the future. The new alts and the volume of the market make it impossible, even if widespread adoption was reached all the sudden.
sr. member
Activity: 728
Merit: 250
Yes bitcoin futures has made unstable changes to occur in bitcoin prices which were not found before. Bitcoin has seen a ATH within a month followed by a sudden downfall to 10,000 dollars after the launch of bitcoin futures. At first, the Wallstreet fat boys considered bitcoin as their main rival but then when they were not able to stop its progress, they just changed their strategy and started to get involved in bitcoin.We would have to just wait and see its effect over bitcoin after a considerable period of time.
I do not think that is the fault of the futures market to me this seems bitcoin doing what it has always done, the price can be influenced and this is just another time to remember this, so you either keep holding your coins and you sell them for a bad price and lose money by doing that.
full member
Activity: 826
Merit: 111
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
They aren't killing Bitcoin, they're manipulating the price to make it lower and buy, when there will be a perfect moment. The question is - how far will they go. But there's nothing to worry about, as they'll buy BTC - the price will begin to increase rapidly, the side effect is panic selling, but it doesn't influence the market that much.

Its all about the demand and the strength of investments into crypto coins including bitcoins. Such corrections do hold back the new investors to move forward, but investors who do know that this correction is normal and its the nature of crypto currencies, they do utilize the current sitiation to invest and buy more coins so that they know that are going to profit themselves more. 
hero member
Activity: 1274
Merit: 622
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
They aren't killing Bitcoin, they're manipulating the price to make it lower and buy, when there will be a perfect moment. The question is - how far will they go. But there's nothing to worry about, as they'll buy BTC - the price will begin to increase rapidly, the side effect is panic selling, but it doesn't influence the market that much.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
Bitcoin is the first cryptocurrency everyone knows, and I also think that in the future Bitcoin will be another cryptocurrency benchmarks like US Dollar, Bitcoin will always be strong.
member
Activity: 126
Merit: 59
If the price holds, I believe we may start going for an all time high in the next month again, this time, having shed all the previous idiots that are here to make some bucks but aren't here for the long term as they have no idea what they are buying.

There will be next idiots because without them the price wouldn't move up a dollar. So you should be kind of grateful to them because you sell to them when the price is high and buy from them when the price is low. But as recent developments have clearly shown, they are not the only players in the crypto playground, and it may take a little longer before we actually start going for a new all time high this or next month.
jr. member
Activity: 126
Merit: 1
certainly affect the course of bitcoin, to some extent. But I think that soon everything will go up.
newbie
Activity: 28
Merit: 0
A future, in most cases, is often like a bet. I promise to buy x amount of something within x time with the hope that what you paid now for it has gone up, while the seller sells it down (and therefore closes the purchase now at a higher price) . A struggle to see who is the smarter of the two, although it can also be used as insurance (so as not to be left empty). Futures contracts can also be made on interest rates (which reached the general public in the form of mortgage clips). In summary, although potentially profitable futures are potentially dangerous and that is one of the reasons why bitcoin has been affected.
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