Cryptocurrency Market Manipulation Logic? - page 3.

Mauser

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Greeting BT Users,

As I am involved in the crypto world for the past 3-5 years and closely watching BTC when its price was around $400 - $700. When the BTC first pumped in 2017/2018 than it creates chaos in the whole world and more and more users are attracted because of the profit they see, but when the price suddenly down and BTC dumped to $5000 from $20k then a lot of new as well as experience users lost their money and also trust from Cryptocurrency.

Recently BTC again pumped and the price reached $60k and was predicted to touch the target of $100k but again the BTC price dumped around $35k - $38k. From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge. BTC is considered the king of the crypto world and it causes the price Pump and Dumped of all the coins. Also Crypto market is untrustable as any person having a status/huge bank balance can easily manipulate the market as Elon Musk did.

Any expert can explain the reason behind those huge pump and dumped of BTC?

I am not an expert, like you I have been involved with Bitcoins for a few years now and this my second pump and dump cycle I lived through. What I noticed with Bitcoins and other Alt coins is that the market is very cyclical. It seems a bit like the prices in the stock market, just more extreme. The volatility in crypto currencies is higher than in stocks, that is also why we can make profits of a few hundred percent, whereas with stocks we are happy if we make 10-20%. As for manipulation, I don't think that its true for most of the investors.

wahyu wida

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Quote from: Mauser on July 01, 2021, 01:46:55 PM

Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Greeting BT Users,

As I am involved in the crypto world for the past 3-5 years and closely watching BTC when its price was around $400 - $700. When the BTC first pumped in 2017/2018 than it creates chaos in the whole world and more and more users are attracted because of the profit they see, but when the price suddenly down and BTC dumped to $5000 from $20k then a lot of new as well as experience users lost their money and also trust from Cryptocurrency.

Recently BTC again pumped and the price reached $60k and was predicted to touch the target of $100k but again the BTC price dumped around $35k - $38k. From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge. BTC is considered the king of the crypto world and it causes the price Pump and Dumped of all the coins. Also Crypto market is untrustable as any person having a status/huge bank balance can easily manipulate the market as Elon Musk did.

Any expert can explain the reason behind those huge pump and dumped of BTC?

I am not an expert, like you I have been involved with Bitcoins for a few years now and this my second pump and dump cycle I lived through. What I noticed with Bitcoins and other Alt coins is that the market is very cyclical. It seems a bit like the prices in the stock market, just more extreme. The volatility in crypto currencies is higher than in stocks, that is also why we can make profits of a few hundred percent, whereas with stocks we are happy if we make 10-20%. As for manipulation, I don't think that its true for most of the investors.

manipulation as I see it is only temporary, so we should be able to make good use of it. I think if we have a lot of capital and a lot of followers then we will be able to manipulate it or pump it. and it is very possible here to profit hundreds of percent in a short time is different from stocks, but we need to remember that the risk is also greater in cryptocurrencies

Hypnosis00

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Quote from: Mauser on July 01, 2021, 01:46:55 PM

What I noticed with Bitcoins and other Alt coins is that the market is very cyclical. It seems a bit like the prices in the stock market, just more extreme. The volatility in crypto currencies is higher than in stocks, that is also why we can make profits of a few hundred percent, whereas with stocks we are happy if we make 10-20%. As for manipulation, I don't think that its true for most of the investors.

The reason why we have such strong volatility because of so-called market manipulation. This has already existed since before, whales are playing tricks and make a huge profit but somehow, this also gives us the opportunity to ride with them and take some share with the whales. It really becoming unpredictable because nobody tells us what they gonna do next and for the fact that some are selling and buying, that it adds more movement to the price.

I'd never think that manipulation is bad but for me, even though the risk is high, it helps me to generate profit unlike if we just have a stable market.

Silberman

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Quote from: taufik123 on June 28, 2021, 05:39:43 PM

Quote from: apityeh71 on June 24, 2021, 05:48:17 AM

Whales and institutional investors is the main factor that make the price in high fluctuacion. Without them, the market with sideaway in long time without any high fluctuacion. Usually before pump the market, whales will doing first accumulation that difficult to detect it. After they did accumulation, and then ready to pump. They did it to make profit and to shake the market to trigger others investor come in to market.

Whales are indeed one of the reasons why the cryptocurrency market is being manipulated. They want to make a profit by controlling the market and making people panic about the state of the market that has been controlled by the whales. Pump and dump will happen according to their plan. Many FUDs are spread to make the market price crash and buy them cheap and then make good news to take profits. Very simple, but market manipulation like the whales must be detected so as not to get caught up in the game.

The whales have indeed control of the market but it is not a perfect control, even they cannot move the market as they wish all the time, what they do is to create the perfect conditions for their manipulations to actually work, then when the conditions finally align they either crash or pump the market and obtain great profits with these kind of movements, is it unfair? Probably but since there is nothing we can do then we need to accept it and learn to live with those movements.

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Quote from: taufik123 on June 28, 2021, 05:39:43 PM

Whales are indeed one of the reasons why the cryptocurrency market is being manipulated. They want to make a profit by controlling the market and making people panic about the state of the market that has been controlled by the whales. Pump and dump will happen according to their plan. Many FUDs are spread to make the market price crash and buy them cheap and then make good news to take profits. Very simple, but market manipulation like the whales must be detected so as not to get caught up in the game.

And whales do not necessary mean one person like how people like to think either. I bet you a lot of powerful companies pool funds together to form a whale. Exchanges seem to do this very well,,, even better they use our money and pool together to manipulate the market and make us liquidate when we should not:)

taufik123

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Quote from: apityeh71 on June 24, 2021, 05:48:17 AM

Whales and institutional investors is the main factor that make the price in high fluctuacion. Without them, the market with sideaway in long time without any high fluctuacion. Usually before pump the market, whales will doing first accumulation that difficult to detect it. After they did accumulation, and then ready to pump. They did it to make profit and to shake the market to trigger others investor come in to market.

Whales are indeed one of the reasons why the cryptocurrency market is being manipulated. They want to make a profit by controlling the market and making people panic about the state of the market that has been controlled by the whales. Pump and dump will happen according to their plan. Many FUDs are spread to make the market price crash and buy them cheap and then make good news to take profits. Very simple, but market manipulation like the whales must be detected so as not to get caught up in the game.

Silberman

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Greeting BT Users,

As I am involved in the crypto world for the past 3-5 years and closely watching BTC when its price was around $400 - $700. When the BTC first pumped in 2017/2018 than it creates chaos in the whole world and more and more users are attracted because of the profit they see, but when the price suddenly down and BTC dumped to $5000 from $20k then a lot of new as well as experience users lost their money and also trust from Cryptocurrency.

Recently BTC again pumped and the price reached $60k and was predicted to touch the target of $100k but again the BTC price dumped around $35k - $38k. From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge. BTC is considered the king of the crypto world and it causes the price Pump and Dumped of all the coins. Also Crypto market is untrustable as any person having a status/huge bank balance can easily manipulate the market as Elon Musk did.

Any expert can explain the reason behind those huge pump and dumped of BTC?

Almost everything can be explained by the supply and demand, the supply of bitcoin even if it is not fixed is very inelastic, this means that a great deal of the coins that have been mined are not really in the market as they are in the hand of holders, and since you cannot mine a lot more of it due to the fact that the rate at which new coins are created is predictable then this makes the market very volatile, then when you add that people use leverage this adds artificial demand which disappears as soon as people begin to panic creating the dumps that we see.

justdimin

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Quote from: Ziskinberg on June 24, 2021, 06:38:26 PM

We can never hide the thing Manipulation. I can say that this the nature of the crypto investment, rich people can make such a thing in order to get a favor on the market. What going to happen with us as normal investors? We are simply riding with them and the market as well. We also buy at low and sell at high accordingly. Thought that they are only benefiting a lot, well, of course, we are also benefiting as well.

I think the time has come that we need to accept the reality inside the crypto market as possible that we can never stop this thing until forever.

If you invest in the value of the coin instead of the price of the coin, you can almost always avoid this thing. The real problem in crypto trading market is that most of the traders here are amateurs and they don't know how to react when the market doesn't move in the desired direction. They will either come to social media shouting and claiming that it's a scam or they will just accept loss and rage quit.

I see on Twitter how guys will crown Elon Musk the king when he does something that benefits traders and the same people will abuse him if he makes a single tweet that doesn't dwell well for the traders.

People have to take trading more seriously and understand that we as traders should not just trade anything and if someone makes a tweet about something, we should not go berserk about it. Another thing to remember is that market will move in both directions because the only thing that goes higher cannot be classified as a market. You have to be ready for the swings, in crypto, the swings are just higher than the usual stock market.

fullhdpixel

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Any expert can explain the reason behind those huge pump and dumped of BTC?

Not an expert by any means but I will put my views on the topic because I feel like I know something about the pump and dump that is going on for years.

First of all, the BTC market is volatile because trading happens without any data, I mean in the standard stocks market it is easy to estimate how much a particular share or asset was sold and bought but it's near impossible to calculate that in the crypto market hence the volatility.

Now, coming back to the point who causes these pumps and dumps? It's most of the time the whales like you said Elon can do it, that's true. Why they do it? Obviously to eat the capital of a nervous small trader and those who are trading with leverage or futures.

One thing you didn't ask but I feel I should answer is, how we can avoid being affected by these? By avoiding futures trading and ensuring not to panic when the market goes down. Just read about the GameStop share and how people killed those who do short selling because they just hold their shares and at a certain point, whales who did short-selling lost gigantic amount of money.

dothebeats

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Whales stimulate the price in order to lure other people to buy in. That’s when most of the buys come in and the price is overly inflated. Then comes the die-hards reinforcing that the price is still poised to reach X amount in order to keep others on buying more coins. A few more days or weeks from that, the whales would have already sold and dumped their coins on the market, and the cycle begins anew. At least that’s what I have observed for what’s happening within the last 7 yrs.

shield132

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Greeting BT Users,

As I am involved in the crypto world for the past 3-5 years and closely watching BTC when its price was around $400 - $700. When the BTC first pumped in 2017/2018 than it creates chaos in the whole world and more and more users are attracted because of the profit they see, but when the price suddenly down and BTC dumped to $5000 from $20k then a lot of new as well as experience users lost their money and also trust from Cryptocurrency.

Recently BTC again pumped and the price reached $60k and was predicted to touch the target of $100k but again the BTC price dumped around $35k - $38k. From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge. BTC is considered the king of the crypto world and it causes the price Pump and Dumped of all the coins. Also Crypto market is untrustable as any person having a status/huge bank balance can easily manipulate the market as Elon Musk did.

Any expert can explain the reason behind those huge pump and dumped of BTC?

No one is an expert here but the pump/dump happens because people make money. In futures trading, you can earn via both way by opening "Long" or "Short".
Chaos happens because 95% of people have no idea why they invest in any cryptocurrency. They don't support the project but the hope that today they sleep and when they wake up in the morning, there will be some $$$ earnings on their balance. When they see a decline in price, they sell in order to avoid further loss but they don't think about the possible long-term profit from the investment.

To sum up, whales manipulate the price and make an enormous profit. They manipulate it to a point where people either start massive sell or massive buy. Then they turn the situation and profit while the highest percentage of people lose. In the ocean, fish don't eat whales, whales eat fish. Those, who follow the whale behind, may escape but those who are in front of it, have no chance.

isaac_clarke22

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

~

It is the reaction of those who are following celebrities, while those celebrities you're mentioning don't even have a single knowledge about crypto.
Let the price of BTC dip and take the opportunity to buy more instead.

SquallLeonhart

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge.

Bitcoin was dumped recently but not up to the level of beginning point of pumping; it means before the current bull run bitcoin was trading around $10k levels and along with the current dumping bitcoin never dropped below $25k levels it means if you have bought by the beginning of pumping then you never need to worry about. Moreover what I am trying to say is, this is not complete pumping and dumping scenario but pumping happened and then some corrections also have happened and nothing more.

For some outside people, bitcoin market might be looking like a complete manipulation of whales but in my opinion after many years of observations, bitcoin market is just reacting to news and events of its ecosystem and there cannot be any simple or one logic behind all market movements.

Questat

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Quote from: Oceat on June 24, 2021, 07:00:00 PM

Quote from: Ziskinberg on June 24, 2021, 06:38:26 PM

snip...

Market manipulation will remain untouched forever because if they do so there would be a counter flow of the money making and I think everyone benefited the market manipulation somehow if they know how to ride with them as well. Only those greedy one's will fail because they think too much outside of the box.

If you see an opportunity to make profit do it already and stop hesitating and making a what if conclusion because market manipulation happens everytime. Buy low and sell high or HODL! That's your only role when in crypto world.

Buy low and sell High, HOLD is seemed to be optional for me. I wasn't a long-term holder, unlike the others.

Anyways, since we are already here in crypto, we have to ride those whales who manipulate the market, and we have to consider this as an opportunity but we need to wise and mindful of what we doing coz we can never hesitate for any possible losses to come. There is no point to go against these whales coz it was impossible to stop them.

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Quote from: Hypnosis00 on June 24, 2021, 10:39:48 AM

Quote from: leea-1334 on June 24, 2021, 08:11:04 AM

He did not just drop out because of environmental problems.
1. He did not sell (not all) of the Bitcoin that Tesla owned. Even if he wanted to am sure he does not have the final say.
2. He only said Tesla stopped accepting BTC. But when they did, who bought Teslas with BTC anyway?

That so happens that whales manipulate the market and one of them is Elon Musk. But for now, I tried to forget his name and to accept that the crypto market has already in a curse of manipulation. Many of these whales just keep themselves anonymously, we don't know that some of them are government officials or known personalities.

Even though we don't like the idea of being manipulated but we know also that these people make the market alive and help the market to grow. In fact, we can't also deny that small investors are benefiting the market when there is hype happens. We are also in profit just like them.

Honestly I do not think individuals have the time to sit around and play this game so a lot of the socalled "manipulation" that people say happens is really just the market being normal. I mean, as I said,,, this is crypto. Realism from stocks and forex do not apply here. We have to expect the unrealistic to happen, but of course, people only take it for the positive side:)

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Quote from: Gcrypto786 on June 21, 2021, 01:49:39 AM

Any expert can explain the reason behind those huge pump and dumped of BTC?

You don't need an expert to understand what's happening here, the market gets pumped as a result of many factors, one of which is the halving event that occurs every four years and a year before the market records all time high.

This happens because prior to the halving, there has already been demand of Bitcoin in the market which is called the accumulation stages where Bitcoin is been bought strategically.

The dumped comes after profit has been secured, Thai the natural routine if the market but where the price difference is very high is due to the manipulation of the market by the whale. First they create the fomo which makes the market overbought and when the corrections does occur the market gets over dumped.

Oceat

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Quote from: Ziskinberg on June 24, 2021, 06:38:26 PM

We can never hide the thing Manipulation. I can say that this the nature of the crypto investment, rich people can make such a thing in order to get a favor on the market. What going to happen with us as normal investors? We are simply riding with them and the market as well. We also buy at low and sell at high accordingly. Thought that they are only benefiting a lot, well, of course, we are also benefiting as well.

I think the time has come that we need to accept the reality inside the crypto market as possible that we can never stop this thing until forever.

Market manipulation will remain untouched forever because if they do so there would be a counter flow of the money making and I think everyone benefited the market manipulation somehow if they know how to ride with them as well. Only those greedy one's will fail because they think too much outside of the box.

If you see an opportunity to make profit do it already and stop hesitating and making a what if conclusion because market manipulation happens everytime. Buy low and sell high or HODL! That's your only role when in crypto world.

ultrloa

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Quote from: Ziskinberg on June 24, 2021, 06:38:26 PM

We can never hide the thing Manipulation. I can say that this the nature of the crypto investment, rich people can make such a thing in order to get a favor on the market. What going to happen with us as normal investors? We are simply riding with them and the market as well. We also buy at low and sell at high accordingly. Thought that they are only benefiting a lot, well, of course, we are also benefiting as well.

I think the time has come that we need to accept the reality inside the crypto market as possible that we can never stop this thing until forever.

Rich people have advantage on this since they can manipulate the minds of the people who follows them, we can see Elon as example where he always want the marker moves depends on his like and his influence really drag up since many people got afraid on the effects on what he is doing.

Ziskinberg

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We can never hide the thing Manipulation. I can say that this the nature of the crypto investment, rich people can make such a thing in order to get a favor on the market. What going to happen with us as normal investors? We are simply riding with them and the market as well. We also buy at low and sell at high accordingly. Thought that they are only benefiting a lot, well, of course, we are also benefiting as well.

I think the time has come that we need to accept the reality inside the crypto market as possible that we can never stop this thing until forever.

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Well, I personally don't think every ups and downs bitcoin and the entire crypto market has made are purely based on manipulation, though manipulation do come in at certain periods like we witnessed in the days of late John McAfee and this days with Elon musk, every tradable assets with fluctuations in price is liable to go up in price and down as well, and speaking of crypto directly now, this industry is still very young with a lot of newbies who are much more after quick gains than holding for long term, so for this set of individuals, when ever they see the price a bitcoin going up due to some person or persons buying large amount of coins, they assume the market is about to explode so they begin to jump in to buy causing the price to go up more, this is what we call fomo or fear of loosing out or panic buying.
Likewise when some one or group of individuals sell lots of coins causing the price to drop a bit, this same set of individual then think the market is dumping and jump in and start selling their holdings sometimes, for the purpose of buying back at a lower price, this is what we call fud which means fear, uncertainty, doubt, or panic selling.
This is what I think.

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