Topic: Coins being manipulated by crypto whales - page 3. (Read 771 times)

Come on guys, no need to deny when fact has been that all markets are open to some sort of manipulation since the time we could click on our computer to buy or sell something. That's at least 15 years before crypto exchanges.

Remember when toilet paper was scarce and even oil became negative price? You think that's not manipulation?

I think we need to grow up and just move on. At least BTC is not as exposed as shitcoins.

Depending not just on the market cap of a project, but liquidity and volume, a crypto asset can be manipulated just by anyone with good enough amount of coins, not hyst a whale..

But the higher a crypto asset grows in this areas, which like I already mentioned, market capitalization, trading volume and most importantly, liquidity, the more immune that crypto assets become to such random manipulation.
A crypto asset that have grown significantly in this areas will get to a point where whales can no longer be able to manipulate it, except those that are much more powerful than whales.

And for your information, manipulation is a very common thing across all financial sectors, it's not something that is peculiar to cryptocurrency alone, even the forex market most times face heavy manipulation.

It would have been more clear if you had stated what exactly you meant by the manipulation but then going on a peripheral response I will say manipulation is possible in the market but not mostly with stable coins and I don't think such really does apply to BTC but with coins that have got some ownership and investment around some few whales could get some level of control and possible manipulation by these individuals.

Just check out which coins have the maximum change in the last 24hours. It will be some coin you never heard of, these are the result of pump and dump happening in many brainwashed shill groups or whales trying to manipulate the markets. There is no explicit proof of whales doing this but it is assumed to be so. On the other hand the shills groups are well known to run behind signals given by some anonymous guru who also collects fees for the same or does it for free at times.

It is better to stick to bitcoin to avoid this manipulation as much as possible.

Two words - alt season.
When BTC dom falls off and funds start flowing into big alts - that's where their time to shine.
It may be seen as manipulation, but it is their nature, and the nature of the cycles, in fact.

Memes - that's where we can see that at its fullest potential.
MMs can swing the price at the whim of a finger - and it would make lots of people lots of their depos, unfortunately.
With older coins - it's another story completely.

Crypto whales can manipulate some coins that do not have a higher market cap because that will difficult. Crypto market now is different than few years ago where crypto whales can easily to moves the coins price. I remember when Bitcoin price still at a low price, the price can jump higher and then dump to a low price and stable after that.

But I guess that still happen now but crypto whales will search for the coin that they can manipulate. They will not just pick whatever the coin because that can be risk for them.

That's the key and if someone wants to profit from altcoins then they must have the ability to play the game. Altcoins will get a moment of significant increase based on several conditions that occur so when people are able to see the opportunity then that's where we can get profit. On the other hand, those who follow the hype will definitely not get profit but will see losses from the way they approach the market. That's why people say it's very difficult to recognize altcoins that get a moment of multiple increase because sometimes we don't have the ability to analyze further.

Smart money exists for a reason - and you either flow with it or die with your depo trying to do so.
 

Memes are created to be toppled on a whim - that's their gist and the communities behind them know it, due to how easy and convenient it is to create a new one, with a different story - but the same premise.

Manipulations are possible in both altcoins and cryptocurrencies with higher market caps, such as Bitcoin and Ethereum. The difference is that it is easier for them to manipulate altcoins that have lower market caps and overall volume, which would require them to have a lower capital to manipulate the price. When it comes to Bitcoin and other cryptocurrencies with large market caps, the difficulty for manipulation increases because the whales will require a higher market share to achieve successful price manipulation using liquidity.

As mentioned by a few users earlier, other methods they use for manipulation are spreading FUD and news that they know would affect the sentiments of the traders, which will benefit them because if the market starts selling lower, they can fill in their bags, and then they can start creating walls in the market to push the price up again so that they can sell higher.

To stay safe from market manipulations, one shouldn't trade when the market is highly volatile and wait for it to get a bit more stable. However, there is one thing, when the market is volatile, though it is risky but it can be rewarding as well if you can make your trades perfectly.

It depends on how much they have and what they will buy now. Many people could gather and buy a sure thing to increase its market cap and then possibly sell it once they are done with it. It would be harder for whales to manipulate it if the market cap is more significant. They would need more money to move it, and maybe that's why meme coins are a thing now: they are manipulated at the start by gathering a lot and then selling it when many people have joined the train.

Do you mean Bitcoin is not manipulated? Don't be so naive, because there are many ways to manipulate the market other than just using large amounts of money to manipulate. They can manipulate the market just by news and that is enough for them to make huge profits.

Remember when the Mt.gox news caused the bitcoin to be dumped? Remember the ETF news posted by cointelegraph or the SEC Twitter account being hacked?...all of these were blatant price manipulation, not accidents or random errors caused by employees. Any market will be manipulated and markets that are too free will be manipulated even more. Don't think that large caps can't be manipulated because there are many ways to manipulate the market.

there's always manipulation everywhere, though the coin like bitcoin with 7th biggest market cap in the world doesn't seem to be that vulnerable to manipulation but other coin does gets manipulated often it's just happening under the hood, we as the average joe won't know because they like to be discreet about it but usually the sign is obvious.

best course of action at time like that? just stay away from the coin, when price is controlled by the whale, you can always expect that you're gonna get the short end of the stick because you're not going against stranger with same odd, you're essentially going against the people who can move the price at their will.

My guess is that this happens to altcoins with a low market cap and the lower it is, the easier it is to manipulate, while coins with a high market cap require large funds and perhaps manipulation will be carried out by groups, and this has been the case for a long time where whales carry out manipulation, even exchanges are the parties suspected of also doing this with fake trading volumes.

It seems like this is the kind of problem that will never be solved because the altcoin market isn't as strictly regulated as Bitcoin's market already is. The reason for that is that big players are starting to join, but the altcoin market is still pretty much like the old Bitcoin market, a pump and dump scheme. So, for us to survive and maybe make a profit from investing in altcoins, we just need to know how to play the game.

If whales wanted they could use their giant leverage (by virtue of holding staggering amounts) to try to manipulate the market regardless of whether they hold coins or tokens. I am surprised you stated recently it became a concern that crypto whales can manipulate the market. This problem/issue has ben going on for a very long time.

What makes the altcoin market more volatile is market manipulation, so that answers your question.

If you observe the overall altcoin market, you'll see that many altcoins are seasonal. By "seasonal," I mean they have significant moves during bull and bear seasons because they're heavily driven by speculation. The people who hold a large portion of the supply manipulate the price based on speculation. They're timing it so people jump in on FOMO, and then they cash out. To put it simply, high manipulation means a high scam ratio in altcoins. That's why it's too risky to invest in altcoins if you're here to hold long-term. HODL is really for Bitcoin, not altcoins.

You do got some point but you cant still be able to reassure yourself that even with those big marketcap coins doesnt have those people who do held up tons of coins. Yes, there are indeed tons of investors in speaking with those top coins but theres always that possibility that manipulation could really be applied but same as you said that odds or chances will really be that slim yet there are tons of people who had invested on it or simply its being scattered out when it comes to its supply. We do have those so called Whales on which possessing tons of coins and also having that financial capacity on which they will really be that something significant at the moment that these people will really be having plans on trying out to move out the market but of course making it obvious will really be leading into those potential problems.

The advantage on here on this space is that it wont really be that too obvious since they will really be letting it line with some news or fundamentals on which it could possibly look up just that it wasnt that a potential manipulation, thats why people are really that highly reactive when it comes to news and events on which they will really be having that those assumptions that it will really be having such impact neither negative or positive. There would really be those individuals who are really that having those kind of mindset whenever when it comes to news type.

The answer to the OP question is yes. Even higher market-cap altcoins can be manipulated by anyone, especially if you are a crypto whale. There are a lot of ways to manipulate the prices for example the common is the news (social media, etc.) and being a whale which if you own a large amount of money, every order you do (sell/buy) it could affect the market especially if trading volume is not that really high.