Author

Topic: Current market situation (Read 113 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
June 15, 2018, 09:51:57 AM
#6
I think that the situation in the market is being manipulated by major players. What do they need it for? At this point are create large exchanges based on NASDAQ, for example. They need cryptocurrency assets in order to support the operation of the exchange.
Example. To do this, they purchased BTC at a price of $ 7500 in the amount of 1 billion (133 333 BTC) . Seeing this, ordinary people start buying BTC thus pushing the market up to the price of $ 8000 . Then the big players sell their assets completely and the price falls by $7,500. People seeing this in panic sell what they bought yesterday,  the BTC rate falls to 7000 $ , and large players are bought again , but already in the amount of 1.06 billion ( 152 000 BTC ). And these cycles are repeated more and more recently. So they increase their cryptocurrency volumes. All calculations are for example and this is my personal opinion.
What do you think about this?
They need more and more money. The greedy bastard will not enough to earn a little bucks. They are accumulating more and more coin through sell the news. it can be happened and it has been repeated in so many times.
sadly it can't be prevented because the cryptocurrency is a wild market.
newbie
Activity: 84
Merit: 0
June 15, 2018, 09:17:43 AM
#5
I think that the situation in the market is being manipulated by major players. What do they need it for? At this point are create large exchanges based on NASDAQ, for example. They need cryptocurrency assets in order to support the operation of the exchange.
Example. To do this, they purchased BTC at a price of $ 7500 in the amount of 1 billion (133 333 BTC) . Seeing this, ordinary people start buying BTC thus pushing the market up to the price of $ 8000 . Then the big players sell their assets completely and the price falls by $7,500. People seeing this in panic sell what they bought yesterday,  the BTC rate falls to 7000 $ , and large players are bought again , but already in the amount of 1.06 billion ( 152 000 BTC ). And these cycles are repeated more and more recently. So they increase their cryptocurrency volumes. All calculations are for example and this is my personal opinion.
What do you think about this?

I do not think someone could actually manipulate the market this direct. What do I mean? I am saying that even if I am a major, big bully in the market and I am giant, it could be possible for me to affect the market, but not actually and directly manipulate it. Even if an investor buys a big chunk of the market, they alone cannot possibly drag the market down to the ground. I'm saying that there has to be something else at play.
That might be something else, the negative news we saw last week.
member
Activity: 420
Merit: 24
June 15, 2018, 09:10:41 AM
#4
I think that the situation in the market is being manipulated by major players. What do they need it for? At this point are create large exchanges based on NASDAQ, for example. They need cryptocurrency assets in order to support the operation of the exchange.
Example. To do this, they purchased BTC at a price of $ 7500 in the amount of 1 billion (133 333 BTC) . Seeing this, ordinary people start buying BTC thus pushing the market up to the price of $ 8000 . Then the big players sell their assets completely and the price falls by $7,500. People seeing this in panic sell what they bought yesterday,  the BTC rate falls to 7000 $ , and large players are bought again , but already in the amount of 1.06 billion ( 152 000 BTC ). And these cycles are repeated more and more recently. So they increase their cryptocurrency volumes. All calculations are for example and this is my personal opinion.
What do you think about this?

The weaker hands will always lose in times like this. People who  ten to panic and doesn't believe in the technology will always be left behind and regret that they didn't hodl. I know that this is a very huge dip but I'm positive that sooner or later the market will correct itself and bitcoin will increase in its value up until the first month of Q4. It has already been predicted that by next year, bitcoin's value won't go down below $10k. I hope that this prediction will be realized.
newbie
Activity: 126
Merit: 0
June 15, 2018, 09:07:51 AM
#3
I think that the situation in the market is being manipulated by major players. What do they need it for? At this point are create large exchanges based on NASDAQ, for example. They need cryptocurrency assets in order to support the operation of the exchange.
Example. To do this, they purchased BTC at a price of $ 7500 in the amount of 1 billion (133 333 BTC) . Seeing this, ordinary people start buying BTC thus pushing the market up to the price of $ 8000 . Then the big players sell their assets completely and the price falls by $7,500. People seeing this in panic sell what they bought yesterday,  the BTC rate falls to 7000 $ , and large players are bought again , but already in the amount of 1.06 billion ( 152 000 BTC ). And these cycles are repeated more and more recently. So they increase their cryptocurrency volumes. All calculations are for example and this is my personal opinion.
What do you think about this?

I do not think someone could actually manipulate the market this direct. What do I mean? I am saying that even if I am a major, big bully in the market and I am giant, it could be possible for me to affect the market, but not actually and directly manipulate it. Even if an investor buys a big chunk of the market, they alone cannot possibly drag the market down to the ground. I'm saying that there has to be something else at play.
jr. member
Activity: 152
Merit: 4
Bet you won't click the signature link.
June 15, 2018, 09:03:28 AM
#2
I don't think of this as a serious issue, but if it was, it would be nearly impossible to tell manipulation from "random" market swings. Even in highly suspicious circumstances it's just a guessing war till someone admits, and proofs, manipulating actions.

I have no doubt that even whales gets squeezed out here and then. So if your conclusion is that crypto-markets are a rigged game of rich vs poor then I politely disagree. Smiley
newbie
Activity: 84
Merit: 0
June 15, 2018, 08:33:13 AM
#1
I think that the situation in the market is being manipulated by major players. What do they need it for? At this point are create large exchanges based on NASDAQ, for example. They need cryptocurrency assets in order to support the operation of the exchange.
Example. To do this, they purchased BTC at a price of $ 7500 in the amount of 1 billion (133 333 BTC) . Seeing this, ordinary people start buying BTC thus pushing the market up to the price of $ 8000 . Then the big players sell their assets completely and the price falls by $7,500. People seeing this in panic sell what they bought yesterday,  the BTC rate falls to 7000 $ , and large players are bought again , but already in the amount of 1.06 billion ( 152 000 BTC ). And these cycles are repeated more and more recently. So they increase their cryptocurrency volumes. All calculations are for example and this is my personal opinion.
What do you think about this?
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