Deception of manipulators or new rise in prices?

Silberman

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Quote from: Mahanton on February 13, 2022, 11:03:08 PM

Don't be provoked just because of the two well-known bloggers even though they carry the name Elon Musk.
Even though this is considered a prediction or a trap, no one knows how the bitcoin price situation will be in the future.
And for the price of bitcoin to fall again down to $25k, it's very unlikely even though there will be another decrease in the price of bitcoin, but I'm sure it won't touch the $25k price.

Not really bad to have some observation around about speculative aspects from other people or other influencers out there, as long you could able to stick with your own analysis
which you have created earlier and snip out some good ideas or possible things that you could insert in.Manipulation would be always there but it is just really not too obvious
on when it would be executed neither it would really be that noticeable specially if price declines or pumps too much on shortest time as possible

And that is the thing, hearing to the opinions of others is not wrong, after all it is important to incorporate the views of other people so we can see something more clearly, however most people fail in the markets because they blindly listen to the opinion of others and they ignore their own analyses or take those opinions as their main source of information, disregarding the need for them to analyze the markets on their own, and without a doubt this is a mistake.

milewilda

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Quote from: DOH! on February 14, 2022, 01:16:09 AM

With my DYOR I don't personally allow myself to be swayed or easily agitated at communication signal levels. It is clear that bitcoin is correcting but to a greater extent potential to go up to a new ath. Bitcoin hashrate is reaching ATH - it is representing a great deal and the supply of bitcoin reserves on exchanges is drying up, in view and current state, perhaps geopolitical and situational influences of Ukraine is misleading the market sentiment but for me 40k is a high frictional threshold to go up.

Whenever you do find out possible sentiments that could affect overall market price then you should need to be that considerate on possible situation which neither you would apply it into your
investment analysis or simply ignore it because not all sentiments or these factors could really give out significant impact.When you are experienced enough on this market then you could simply
able to spot out which one might be having that effect or not and you wouldnt really make yourself that too impulsive on making out decisions no matter what situation you are into.

zasad@

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

It's just a joke. Watch from 3 minutes. 3:10 The Moon himself talks about it.
Because of such jokes, many inexperienced users are sure to lose their money. It is a pity that the full version of the interview is not posted.
https://www.youtube.com/watch?v=LaoIRhQoKEQ

SquallLeonhart

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Quote from: mia_houston on February 13, 2022, 06:52:12 AM

Everyone has the right to express their opinions and analyzes, but of course we also have the right to believe or not in all their statements regardless of who they are, in my opinion price movements in the market can indeed be analyzed by some experts but not all can guarantee that what they say will be 100% correct.
After bitcoin hit $45K two days ago, slowly bitcoin is now starting to decline I think this is the result of the whales taking short term profits and not because of price manipulators in the market, before bitcoin price rebounds of course bitcoin will experience a slight decline in price and I think the bitcoin price support point in the market right now is $42K, so I don't think the bitcoin price will be able to drop low enough or even touch $25K right now.

That is the thing about bitcointalk as well. You are free to share all of your thoughts here, all your analysis and guesses and predictions. You could shill the most silly and useless token if you want to. You can basically do anything you want as long as you follow the rules and do not scam people.

And in the end, people who want to believe you will believe you and follow you and shill for you and all the people who do not believe you will just ignore you, mock you or just simply argue with you. All in all this is a great method if you ask me, some people get mad at some of the things written here but that is basically freedom of speech given to you and you could either ignore people you disagree with or you could argue with them but you can't stop them.

DOH!

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With my DYOR I don't personally allow myself to be swayed or easily agitated at communication signal levels. It is clear that bitcoin is correcting but to a greater extent potential to go up to a new ath. Bitcoin hashrate is reaching ATH - it is representing a great deal and the supply of bitcoin reserves on exchanges is drying up, in view and current state, perhaps geopolitical and situational influences of Ukraine is misleading the market sentiment but for me 40k is a high frictional threshold to go up.

Mahanton

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Don't be provoked just because of the two well-known bloggers even though they carry the name Elon Musk.
Even though this is considered a prediction or a trap, no one knows how the bitcoin price situation will be in the future.
And for the price of bitcoin to fall again down to $25k, it's very unlikely even though there will be another decrease in the price of bitcoin, but I'm sure it won't touch the $25k price.

Not really bad to have some observation around about speculative aspects from other people or other influencers out there, as long you could able to stick with your own analysis
which you have created earlier and snip out some good ideas or possible things that you could insert in.Manipulation would be always there but it is just really not too obvious
on when it would be executed neither it would really be that noticeable specially if price declines or pumps too much on shortest time as possible

Reid

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Quote from: mia_houston on February 13, 2022, 06:52:12 AM

Everyone has the right to express their opinions and analyzes, but of course we also have the right to believe or not in all their statements regardless of who they are, in my opinion price movements in the market can indeed be analyzed by some experts but not all can guarantee that what they say will be 100% correct.

Sometimes this bloggers are just doing it for new contents, they need it for their viewers to keep on visiting them. Well, some of them ended up like the OP's example. Go with the trend or exaggerate it and pray it will end up good for your business either they believe it or not.

Quote from: mia_houston on February 13, 2022, 06:52:12 AM

After bitcoin hit $45K two days ago, slowly bitcoin is now starting to decline I think this is the result of the whales taking short term profits and not because of price manipulators in the market, before bitcoin price rebounds of course bitcoin will experience a slight decline in price and I think the bitcoin price support point in the market right now is $42K, so I don't think the bitcoin price will be able to drop low enough or even touch $25K right now.

From $45k where investors expects a lot to keep on going upward then back to $42k. It's not that far and it gives another opportunity to new buyers.
IMO, price support will be at $40k and if it doesn't go below that, it will be a smooth road ahead.

mia_houston

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Everyone has the right to express their opinions and analyzes, but of course we also have the right to believe or not in all their statements regardless of who they are, in my opinion price movements in the market can indeed be analyzed by some experts but not all can guarantee that what they say will be 100% correct.
After bitcoin hit $45K two days ago, slowly bitcoin is now starting to decline I think this is the result of the whales taking short term profits and not because of price manipulators in the market, before bitcoin price rebounds of course bitcoin will experience a slight decline in price and I think the bitcoin price support point in the market right now is $42K, so I don't think the bitcoin price will be able to drop low enough or even touch $25K right now.

Woodie

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You might be right about price not rising to what everyone wants because many people bought when price was high and the matket went against their expectations which means they are holding and hoping to breakeven when price recovers which wont happen any time soon.
What we seeing could be deception as some big whales could be setting a trap to sell while we speculate about a bull run happening.

Webetcoins

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They have lots of followers and the followers can believe of what they are saying and they are gonna be the ones that will bought bitcoin and not the manipulators them selves. Cannot say if they are deceiving someone else because they are also doing their part of helping the price rise and we are talking about bitcoin not shitcoins so I think it's okay?

Because in the end, bitcoin will still go on that direction even if without their help. Some can buy a one whole bitcoin costing 45k to 60k but some can buy lesser and if the price rise, they are in a profit. They wont lose but if the price stays the same or if the price went down, they can just hold so they wont lose.

darewaller

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I highly doubt that this was a case of manipulators. The whole market is buying and you could see that if you are involved with big crypto chat groups in telegram. I know that some people buying doesn't mean it is not manipulators and even those people could be manipulated but if the purpose was to get majority of crypto investors hyped about a potential increase then it wasn't really a bad manipulation at all.

I can see many people being happy about the increase and happily putting their money into crypto all over again and that is not really a bad situation. We should not be considering that as contrary to each other and even if it was manipulation, it still resulted with new rise in prices.

zasad@

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Quote from: Fundamentals Of on February 12, 2022, 08:11:45 AM

Quote from: zasad@ on February 11, 2022, 07:50:32 AM

Quote from: Fundamentals Of on February 10, 2022, 08:53:20 PM

Yes, nobody, even those who have been using sophisticated techniques cannot accurately predict Bitcoin's price. They're still guessing at the end of the day.

The news in Russia about the possible acceptance of Bitcoin as a currency is not yet a clear case of the large and powerful country really joining the Bitcoin community. So far, that's just a pronouncement, a hollow one until specific rules and regulations are officially released from the concerned government agencies as to the specific details as to the implementation of Bitcoin as a currency.

Atomyze was the first to receive a license from the Central Bank to manage digital financial assets
https://www.interfax.ru/business/820050
The company of one of the Russian aligarhs received a license. Trade in digital financial assets will be legalized in Russia under the strict control of the Central Bank, the Prosecutor's Office and other supervisory authorities. But the government does not need cryptocurrencies in Russia yet. And in Russia there are a lot of people who do not know how to invest properly, and therefore there will be a lot of fraud.

But with the acceptance of Bitcoin being closely and strictly monitored by no less than the central bank, the prosecutor's office, and other supervisory authorities, could we say that the investors are somehow safer because they could easily inquire whether the seller has a license or not? Unlike if a country just allows Bitcoin, people could buy Bitcoin from anywhere and anyone even from those who don't have the license from the government itself.

digital financial assets and cryptocurrencies in Russia are now different things. If you want to release your digital financial assets, then you need to meet a lot of criteria of the Central Bank and fraud in this area will be minimal. But I still don't understand why this is necessary. I can download the broker's app on my phone and buy and sell stocks.
https://www.tinkoff.ru/invest/
And the discussion about cryptocurrencies continues. But all Dark Markets in Russia work well.

Fundamentals Of

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Quote from: zasad@ on February 11, 2022, 07:50:32 AM

Quote from: Fundamentals Of on February 10, 2022, 08:53:20 PM

Yes, nobody, even those who have been using sophisticated techniques cannot accurately predict Bitcoin's price. They're still guessing at the end of the day.

The news in Russia about the possible acceptance of Bitcoin as a currency is not yet a clear case of the large and powerful country really joining the Bitcoin community. So far, that's just a pronouncement, a hollow one until specific rules and regulations are officially released from the concerned government agencies as to the specific details as to the implementation of Bitcoin as a currency.

Atomyze was the first to receive a license from the Central Bank to manage digital financial assets
https://www.interfax.ru/business/820050
The company of one of the Russian aligarhs received a license. Trade in digital financial assets will be legalized in Russia under the strict control of the Central Bank, the Prosecutor's Office and other supervisory authorities. But the government does not need cryptocurrencies in Russia yet. And in Russia there are a lot of people who do not know how to invest properly, and therefore there will be a lot of fraud.

But with the acceptance of Bitcoin being closely and strictly monitored by no less than the central bank, the prosecutor's office, and other supervisory authorities, could we say that the investors are somehow safer because they could easily inquire whether the seller has a license or not? Unlike if a country just allows Bitcoin, people could buy Bitcoin from anywhere and anyone even from those who don't have the license from the government itself.

kamilah147

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Quote from: Husires on February 09, 2022, 09:59:48 AM

The only victim will be the people who give these magazines credibility.
Frankly, I do not understand people how to invest huge amounts of money, for example, 50 thousand dollars, because of a tweet by Elon Musk or a recommendation in a magazine without doing some studies.

with bitcoin's current hype position it's a moment for those who are just looking for profit rather than newbies who really don't know anything and don't study how the market moves.
what is very unfortunate in this case is that many fraudsters make events in the name of bitcoin as the spearhead of all their promises.
at least tell people around us about how bitcoin is, so as not to be easily trapped by what is in the name of bitcoin with the aim of fraud.

LogitechMouse

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

~
According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Its very ironic that they are posting this but 2 days after they posted it, Bitcoin and the market are in a correction phase again. I'm kinda curious on how what they are feeling right now or.... I think it is a sign that you must do the opposite when these popular so-called vloggers will post bullish things about Bitcoin.

Even though I've seen Bitcoin stayed above $40,000 for more than a week already, I will not change my sentiments about the market and I'm thinking that Bitcoin will go down below $40,000 again. Well, I might be wrong about it and that's good if we see Bitcoin go even higher because I'm accumulating as well.

Silberman

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Maybe it is or maybe it is not, at the end we will not know until enough time has passed and we can confirm our suspicions, so I think a better question is what to do to still earn profits regardless of their actions? And most of the time this will include some sort of strategy that will let you hold your coins for the long term, this way instead of selling for a bad price you just take the paper losses you are suffering and you endure them until the day comes the price of bitcoin goes up in such a way that by the time there is yet another correction even the worst correction cannot even reach the price at which you bought.

GeorgeJohn

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Quote from: Slow death on February 11, 2022, 08:15:49 AM

Currently, it is not easy to manipulate the price, because the market is getting bigger and that's why the other old way of manipulation emerged, which would be to spread fake news that are good for people to buy, just like a certain billionaire who spreads his negative comments to manipulate the market. price, luckily today his actions no longer have much effect on this market

To manipulate the price or regulations of bitcoin is not difficult, what you should ask is that at which level or price point Bitcoin will exercise that the price will not still be manipulated, so it's not a new thing that we can easily see Bitcoin been manipulated at this price level, do you know that what actually put Bitcoin price in shambles at times is news, China or Russian and mostly U.S can come up with negative news about bitcoin today and that can stabilize the price of bitcoin within 24hours, so the market of cryptocurrency can be restructured anytime and any hour.

7788bitcoin

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

~
According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Even i was expecting the market to go down well below $30k but i have no idea when that would be, we have seen instances where the price went below $35k showing a pattern of the major corrections we used to see in the past after a major correction but then all of a sudden the market rallied once again and now showing resistance around $45k. So it is hard to predict when we would see a situation when the market goes well below $25k or this is the new trend Undecided

.

el kaka22

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Quote from: ?? on ??

The news of accepting crypto or legalizing it in a country will have a big impact if it happens year back 2017 tgat any news really affects the market, even a few youtube content. But now that creating hype is not that much due to fake news or due to the fact that btc price is still considered high. The price will depend on the market condition and big companies adoption though we’re still unable to determine how mich it can rise or whether it will have a impact in today’s market.

I would not consider the price of bitcoin high. People assumed it was high when it hit 1k, people assumed it was high at 5k and 10k and 20k and yet here we are with nearly 70k ATH so we should not really call it high at any price. Why? Because price is relative to dollars, when dollars become a lot less valuable (inflation) then people start to keep their wealth in bitcoin.

Eventually that house you could buy for 150k dollars today will worth 1 million dollars in 10-20 years and that means bitcoin could go up AT LEAST that much, probably a lot more when more people come in.

Since, we have like maybe 1-5% of the population interested right now, when we reach to 50%+ or even 80%+ of population at least once owned or owns bitcoin would mean price would skyrocket as well. So never assume that bitcoin is going super high, we are still relatively low in price.

Slow death

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Currently, it is not easy to manipulate the price, because the market is getting bigger and that's why the other old way of manipulation emerged, which would be to spread fake news that are good for people to buy, just like a certain billionaire who spreads his negative comments to manipulate the market. price, luckily today his actions no longer have much effect on this market

Ararbermas

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Perhaps a correction because last night there's a slight pull down in the market and some coins are influenced as well but suddenly most of them regain after the scenario . If it's a trap for me in my personal opinion perhaps market these day is constantly decreasing and turn into red again like what usually happen when there's a trap from manipulators, but seems market still green tho so perhaps it was just a correction.

zasad@

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Quote from: Fundamentals Of on February 10, 2022, 08:53:20 PM

Yes, nobody, even those who have been using sophisticated techniques cannot accurately predict Bitcoin's price. They're still guessing at the end of the day.

The news in Russia about the possible acceptance of Bitcoin as a currency is not yet a clear case of the large and powerful country really joining the Bitcoin community. So far, that's just a pronouncement, a hollow one until specific rules and regulations are officially released from the concerned government agencies as to the specific details as to the implementation of Bitcoin as a currency.

Atomyze was the first to receive a license from the Central Bank to manage digital financial assets
https://www.interfax.ru/business/820050
The company of one of the Russian aligarhs received a license. Trade in digital financial assets will be legalized in Russia under the strict control of the Central Bank, the Prosecutor's Office and other supervisory authorities. But the government does not need cryptocurrencies in Russia yet. And in Russia there are a lot of people who do not know how to invest properly, and therefore there will be a lot of fraud.

Fundamentals Of

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Quote from: Gozie51 on February 10, 2022, 08:18:28 AM

Quote from: Fundamentals Of on February 10, 2022, 03:48:20 AM

What particular laws of the market do you mean? The Bitcoin market doesn't seem to be following any law aside from the law of uncertainty.

Anybody who makes calls as to Bitcoin exploding or hitting $100,000 soon are not to be taken seriously regardless of how famous they are. They're just like us, making guesses as to what would happen next to Bitcoin's price. Popular Bitcoin supporters have been making speculations all the time. Sometimes they are right, sometimes they are wrong. Which means they are not accurate.

We are all dealing with speculation about the price and nobody can give accurate price movement except with little possible news giving insight on likely direction of the market with the news. However currently the price can increase because of regulation news from Russia. Russia is a big nation and if they are announcing to propose a direction to regulate bitcoin , it can lead a bull to resume anytime soon. These are all speculation.

Yes, nobody, even those who have been using sophisticated techniques cannot accurately predict Bitcoin's price. They're still guessing at the end of the day.

The news in Russia about the possible acceptance of Bitcoin as a currency is not yet a clear case of the large and powerful country really joining the Bitcoin community. So far, that's just a pronouncement, a hollow one until specific rules and regulations are officially released from the concerned government agencies as to the specific details as to the implementation of Bitcoin as a currency.

GreatArkansas

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I remember back to the year 2017-2018 when the hype was almost the same when we topped around $69,000. Most of the content creators are like this, their thumbnails/titles on their youtube videos are insane and if you are a newbie who is a fan of watching youtube videos, then you could fall into their hype and deceive.

So, this could be a lesson for everyone especially those newbies, it's like a top signal, lol.

Lanatsa

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Quote from: zasad@ on February 09, 2022, 10:27:47 AM

Quote from: Husires on February 09, 2022, 09:59:48 AM

Frankly, I do not understand people how to invest huge amounts of money, for example, 50 thousand dollars, because of a tweet by Elon Musk or a recommendation in a magazine without doing some studies.

I also had a similar opinion, but now people don’t believe in television, but believe in their favorite bloggers. And if any blogger says To The Moon, then his subscribers invest.
Another point, if there were no manipulators on the market, then the market would be more stable

We don't like for it to be stable either since we know that this is the only thing on where we do depend on making profits and also manipulators had been long time existing even on past markets
aside from crypto which there would be those elites/institutions/groups who would really be taking advantage from the herd since they are financially capable
then they would really be doing that normally for the sake of profits which it isn't surprising.

adaseb

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Sam Friedman is not a market manipulator, I don’t know why so many people dislike him. He is the most down to earth guy out there. The guy is worth $20Billion, drives around in a Toyota Corolla and actually replies to some comments sent to his Twitter.

The Bitboy guy and all the rest are popular because they have been around for years. People follow them because they “seem” to know what they are talking about and they think they will make money. However they aren’t traders and if they are, they aren’t good traders. The Bitboy guy was calling for $15K Bitcoin when we were at $33K. Basically bearish at the bottom.

zasad@

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Quote from: Fortify on February 09, 2022, 04:23:51 PM

What do you mean "market makers"? You are using terminology that is irrelevant to cryptocurrency. Individuals and companies are free to trade cryptocurrencies through all sorts of mediums - it is not defined by a single platform. The price has natural volatility driven by events, media and whatever fear level might be pervading the market at any particular time. We saw it drop by almost half from the all time high and it has now recovered by half from the recent low. Nobody can dictate what the price level will be, if more bad news came out tomorrow - like the EU banning it, the price will drop again and maybe later recover. All these supposed twitter experts are just static white noise trying to convey an opinion as fact when they are just as clueless as the rest of us.

market makers are people who manipulate the price of cryptocurrencies for profit.
A striking example
https://twitter.com/sbf_alameda
A good example of manipulation is Solana, when the funds bought back most of the coins, and then raised the price to the moon.

Gozie51

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Quote from: Fundamentals Of on February 10, 2022, 03:48:20 AM

What particular laws of the market do you mean? The Bitcoin market doesn't seem to be following any law aside from the law of uncertainty.

Anybody who makes calls as to Bitcoin exploding or hitting $100,000 soon are not to be taken seriously regardless of how famous they are. They're just like us, making guesses as to what would happen next to Bitcoin's price. Popular Bitcoin supporters have been making speculations all the time. Sometimes they are right, sometimes they are wrong. Which means they are not accurate.

We are all dealing with speculation about the price and nobody can give accurate price movement except with little possible news giving insight on likely direction of the market with the news. However currently the price can increase because of regulation news from Russia. Russia is a big nation and if they are announcing to propose a direction to regulate bitcoin , it can lead a bull to resume anytime soon. These are all speculation.

zasad@

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Quote from: stompix on February 10, 2022, 04:44:21 AM

Quote from: zasad@ on February 10, 2022, 04:08:04 AM

Have you read books by authors like Edwin Lefevre "Memoirs of a Stock Operator" or Larry Williams "Long-Term Secrets to Short-Term Trading"? There are a lot of stories about millionaires who went bankrupt on the stock exchange and that most traders lose their money.

A lot of stories don't mean anything when claiming the majority.
Second, we're talking about crypto here not the stock market, it has one huge advantage of continuous exponential growth which can't be even compared to the stock market for the last decade. This means an enormous amount of money influx compared to this, more money more profits.

Let's assume Amazon would have gained 3million x and even PG&E and Kodak would still have earned a profit of 1000x like some shitcoins and even completely failures have done. Would still that laws apply?

Quote from: zasad@ on February 10, 2022, 04:08:04 AM

If you know crypto bloggers with a similar number of followers on twitter (768K and 981K), then let me know about it. Just not Elon Musk

Since when do followers mean accuracy or even knowledge? Poeple who shout all day moon, lasers eyes, cat pics will always have more followers than people who actually say important things.

Those two poeple I've never heard of have 1.7 million followers, Larry Ellison who founded Oracle and has a net worth of 60b has 113k.
Now, who would you look at for business advice?

Just a simple crypto search on twitter:
@TheCryptoLark 886.1K Followers
@JRNYcrypto 787.8K Followers
@yumcrypto 1M Followers
@CryptoWendyO 254.1K Followers
@Bitboy_Crypto 807.8K Followers
@Crypto Caniff 2.5M Followers

Relevance? Zero!

Edit:
I went to a bounty topic, found a spreadsheet, guess what, thousands of followers:
https://docs.google.com/spreadsheets/d/1P6gUZ0J-8_tpHuhVal1OUWnZL0PFEgqFW6e14y1OkVM/edit#gid=2123258262
A guy with zero merits and 60k followers...

For me, right now there is no difference between the cryptocurrency and stock markets, because fear and greed are everywhere. If most people make a profit in these markets, then where does the money come from?
Money is constantly distributed in the market among the players, and I believe that trading on the stock exchange is similar to a game with a negative mathematical expectation.
Today, large funds invest in cryptocurrencies, but in the hype of 2017, this market did not have this. This ended up with most people losing their money and some of my holdings lost 99% of their cost.
And I think history will repeat itself.

On the Russian Internet, these bloggers are often quoted, but you have not heard anything about them.
Thanks for the list, I'll see what other people have to say.

stompix

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Quote from: zasad@ on February 10, 2022, 04:08:04 AM

Have you read books by authors like Edwin Lefevre "Memoirs of a Stock Operator" or Larry Williams "Long-Term Secrets to Short-Term Trading"? There are a lot of stories about millionaires who went bankrupt on the stock exchange and that most traders lose their money.

A lot of stories don't mean anything when claiming the majority.
Second, we're talking about crypto here not the stock market, it has one huge advantage of continuous exponential growth which can't be even compared to the stock market for the last decade. This means an enormous amount of money influx compared to this, more money more profits.

Let's assume Amazon would have gained 3million x and even PG&E and Kodak would still have earned a profit of 1000x like some shitcoins and even completely failures have done. Would still that laws apply?

Quote from: zasad@ on February 10, 2022, 04:08:04 AM

If you know crypto bloggers with a similar number of followers on twitter (768K and 981K), then let me know about it. Just not Elon Musk

Since when do followers mean accuracy or even knowledge? Poeple who shout all day moon, lasers eyes, cat pics will always have more followers than people who actually say important things.

Those two poeple I've never heard of have 1.7 million followers, Larry Ellison who founded Oracle and has a net worth of 60b has 113k.
Now, who would you look at for business advice?

Just a simple crypto search on twitter:
@TheCryptoLark 886.1K Followers
@JRNYcrypto 787.8K Followers
@yumcrypto 1M Followers
@CryptoWendyO 254.1K Followers
@Bitboy_Crypto 807.8K Followers
@Crypto Caniff 2.5M Followers

Relevance? Zero!

Edit:
I went to a bounty topic, found a spreadsheet, guess what, thousands of followers:
https://docs.google.com/spreadsheets/d/1P6gUZ0J-8_tpHuhVal1OUWnZL0PFEgqFW6e14y1OkVM/edit#gid=2123258262
A guy with zero merits and 60k followers...

zasad@

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Quote from: stompix on February 09, 2022, 03:00:41 PM

Quote from: zasad@ on February 09, 2022, 09:04:21 AM

According to the laws of the market, most participants lose their money,

What laws are those cause I've never heard of them?
It might be true to gambling where basically from a pot of 100$ some of the participants win only 98 or 95 depending don't the house and that one over and over indeed leads to a minority of winners but in trading? Why would it be a law and how could you even give an argument for it?

Does it mean that to date the majority who have bought bitcoin has lost money? No so sure about this one.

Quote from: zasad@ on February 09, 2022, 09:04:21 AM

I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

You're a bit late with this prediction, not saying it's not possible to happen but it would have fitted way better about a week or so ago.

Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers

mean nothing.
Since we have about 1 billion known bloggers, about a trillion influencers and a gazillion insiders, two ...is nothing.

Have you read books by authors like Edwin Lefevre "Memoirs of a Stock Operator" or Larry Williams "Long-Term Secrets to Short-Term Trading"? There are a lot of stories about millionaires who went bankrupt on the stock exchange and that most traders lose their money.

If you know crypto bloggers with a similar number of followers on twitter (768K and 981K), then let me know about it. Just not Elon Musk

Fundamentals Of

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What particular laws of the market do you mean? The Bitcoin market doesn't seem to be following any law aside from the law of uncertainty.

Anybody who makes calls as to Bitcoin exploding or hitting $100,000 soon are not to be taken seriously regardless of how famous they are. They're just like us, making guesses as to what would happen next to Bitcoin's price. Popular Bitcoin supporters have been making speculations all the time. Sometimes they are right, sometimes they are wrong. Which means they are not accurate.

Kemarit

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Partially you might have a point, we can go back to the $100,000 prediction last year as a good example. As early as 2021 everyone is shouting for that 6 digit price at the end of the year. And then manipulators riding on one popularity of a prediction model, many bought the hype specially when he hit $69,000 November and $100,000 is on the site. But we all know that price goes down hard, manipulators starting to scoop cheap bitcoin again, and then push the same narrative this year for a 6 digit run.

adaseb

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Most people now are still bearish. Look at the funding rates it’s mostly in the negative territory for a long time. Many are thinking it’s going to dip and head into the $30K area or lower.

The crypto influencers aren’t good traders, they are just good at marketing. So they will say whatever needs to be said as long as they have an audience. They are usually bearish at the bottom and bullish at the top pretty much.

kawetsriyanto

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To be honest, there is nothing special related to the tweets of those two well-known bloggers. Even Elon Musk can do it, it's the same way to attract people's attention. It is all about prediction or own guess, no guarantee to happen. Even one of the bloggers ensure us to delete his tweet account if his guess is wrong, it means nothing to me. At the end of the day, he can say he is canceling to delete his account because there is an unexpected factor that causes BTC to fail achieving $100k. So, what they tweet is just a common thing like when a developer of a crypto project's promoting their product. CMIIW Wink

kentrolla

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

We shouldn't be giving importance to these bloggers who just predict things as per the current market situation and they never predict before a bear market or dip, they are not reliable. I don't think bitcoin will drop below $30k anytime sooner as it has already bounced back and approaching $50k mark, had it been a bull trap they price will not remain above $40k for even few days. I think we were going through correction phase and now it's in the upward direction once again. Market maker will raise the price now in order for them to take profit our of existing invetsment they have made when bitcoin was above $45k

Fortify

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

What do you mean "market makers"? You are using terminology that is irrelevant to cryptocurrency. Individuals and companies are free to trade cryptocurrencies through all sorts of mediums - it is not defined by a single platform. The price has natural volatility driven by events, media and whatever fear level might be pervading the market at any particular time. We saw it drop by almost half from the all time high and it has now recovered by half from the recent low. Nobody can dictate what the price level will be, if more bad news came out tomorrow - like the EU banning it, the price will drop again and maybe later recover. All these supposed twitter experts are just static white noise trying to convey an opinion as fact when they are just as clueless as the rest of us.

stompix

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

According to the laws of the market, most participants lose their money,

What laws are those cause I've never heard of them?
It might be true to gambling where basically from a pot of 100$ some of the participants win only 98 or 95 depending don't the house and that one over and over indeed leads to a minority of winners but in trading? Why would it be a law and how could you even give an argument for it?

Does it mean that to date the majority who have bought bitcoin has lost money? No so sure about this one.

Quote from: zasad@ on February 09, 2022, 09:04:21 AM

I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

You're a bit late with this prediction, not saying it's not possible to happen but it would have fitted way better about a week or so ago.

Quote from: zasad@ on February 09, 2022, 09:04:21 AM

Two well-known bloggers

mean nothing.
Since we have about 1 billion known bloggers, about a trillion influencers and a gazillion insiders, two ...is nothing.

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

I would describe this situation with the words "new year, same old expectations as last year". Anyone who remembers how it ended last year should ask themselves if there is any reason to trust a guy from the social network who is interested in creating as many followers and earning as much as possible through advertising various projects. It is enough for me to see what this character has as a pinned tweet, and everything is clear to me.

zasad@

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Quote from: Husires on February 09, 2022, 09:59:48 AM

Frankly, I do not understand people how to invest huge amounts of money, for example, 50 thousand dollars, because of a tweet by Elon Musk or a recommendation in a magazine without doing some studies.

I also had a similar opinion, but now people don’t believe in television, but believe in their favorite bloggers. And if any blogger says To The Moon, then his subscribers invest.
Another point, if there were no manipulators on the market, then the market would be more stable

Husires

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The only victim will be the people who give these magazines credibility.
Frankly, I do not understand people how to invest huge amounts of money, for example, 50 thousand dollars, because of a tweet by Elon Musk or a recommendation in a magazine without doing some studies.

We cannot consider it market manipulation especially if there is a small line at the end of the article like “This is not investment advice.”
Advice is if someone asks others to invest and will ensure that they achieve profits with obtaining that money.

NeuroticFish

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Quote from: zasad@ on February 09, 2022, 09:04:21 AM

and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.

I'm not that much convinced that you're correct since in the last year the trading volumes weren't so great.

While indeed, some could have been buying in around the first months of 2021, afterwards there weren't so many new buyers, especially knowing that certain institutional investors kept buying and stashing all they could. (..and the price still managed to jump to 69k despite the low volumes)

So while I clearly don't agree with those "known bloggers" strategies (I'm not convinced they care much of crypto as long as they get so many followers and probably income off them), I can't really tell that your conclusion is that much correct either, especially with so many good news (about adoption) coming. But maybe I'm wrong... I don't have a crystal ball, so I can't tell anything for sure. Wink

zasad@

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Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.

https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"

https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."

According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.

Topic: Deception of manipulators or new rise in prices? (Read 410 times)