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Topic: Do whales manipulate the market? - page 7. (Read 1533 times)

hero member
Activity: 2058
Merit: 761
To boldly go where no rabbit has gone before...
July 03, 2021, 03:02:40 AM
#66
There's no wondering anymore, the answer is plain and simple; YES.
Why do they do it? Usually for their own gain.

When you know you can cause a dip and a bounce, you basically have free money
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 03, 2021, 02:57:19 AM
#65
I think some of them does but others are only doing what they want and people are only following them.
We don't know if they are manipulating or just doing what they want when they do something,
For example selling some of their crypto we don't really know if they really need the Fiat or just wants to create a wave to dump the price.
Whales are doing their job and that is to manipulate the market and rid those who follow them. They are actually making money as they want. Commonly, we've thought that manipulation is a crime but wait, many were benefiting from such a crime and the community is happy especially when whales do the dump.

Then to ask, when bullish and when bearish? It is actually the community asking for the whales to act what they want. And it is simple, the whales are playing some tricks with us. Well, those who could adjust the volatility of the market, will never complain, unlike the others.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
July 03, 2021, 02:40:52 AM
#64
Obviously yes, unfortunately the whales strongly manipulate the market when they sell they make the price go down but fortunately when they buy they make the price go up.

In deed, Whales manipulate crytpto market and it is happening so since 2015 , they use famous tactic of Pump and Dump because there are no regulations to prevent it and the other reason is its market cap is not as big as Forex or commodity market so easy for person with few hundred Bitcoins to play with the market as he likes. You can see many Flash Crash on charts, the scenarios happen when whale sells huge amount in a single order.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
July 03, 2021, 02:23:21 AM
#63
I've heard that the largest bitcoin holders are only about 1000 peoples, they are control about 75% of the bitcoin stock, if this news is true of course they can manipulate prices as they like, and of course as long as they dominate then we are just like pawns.
if true, I'm not sure those 1000 people are real owners with ownership of 1 address for each person. because isn't it very possible that everyone has more than 1 address to store their BTC?
someone with great power could of course make the market move easily. Surely you have heard news related to BTC which can finally be unlocked from a wallet that has been locked for a long time. and then the BTC is sold to the market which makes the market very easily experience a big dump.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
July 03, 2021, 02:11:02 AM
#62
I think some of them does but others are only doing what they want and people are only following them.
We don't know if they are manipulating or just doing what they want when they do something,
For example selling some of their crypto we don't really know if they really need the Fiat or just wants to create a wave to dump the price.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 02, 2021, 05:41:16 AM
#61
Somewhat yes. Their actions can influence the market at a certain level. People tend to follow the whales because it's hard to resist. Everyone is doing it so you'll follow. Do your own research and don't just hop on the train like everyone else.
whales can do everything because they have big capital to change the market direction. That is why it is important to read the crypto news daily so that all us as small and medium crypto traders and users have the idea when would be the time to make profit and make investments into the right coin.
I agree with both of you. The whales can do everything, but you should remember that the whales can not do that thing forever because their reason is just to make money. If we can follow the whales, we can also make money. If you think it is difficult to follow the whales, you can watch them while you can prepare for the next thing that might happen. That will be better than you force follows the whale's moves.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
July 02, 2021, 05:15:35 AM
#60
Absolutely, Should  Elon Musk tell that he invest in a project, the project will grow incredibly fast. That means that all the influencers can turn the market in any sight. Also, I noticed when the market is bearish a lot of media creating articles about regulations, the red flags for crypto, and so on. Someone investing huge funds in it to control hamsters minds.
Don't worry Your Elon Musk is starting losing his appeal and day after day the followers are losing support on everything he wrote .
and besides the recent tweets of this person comes low followed and the reaction in market is really small not like in the past specially when Tesla first accepts bitcoin as payment option.
also there are chance that even altcoins will never be on His side soon.
copper member
Activity: 31
Merit: 1
TG: @t_crypto_Yoda - Shill Like A Master
July 02, 2021, 04:42:34 AM
#59
Absolutely, Should  Elon Musk tell that he invest in a project, the project will grow incredibly fast. That means that all the influencers can turn the market in any sight. Also, I noticed when the market is bearish a lot of media creating articles about regulations, the red flags for crypto, and so on. Someone investing huge funds in it to control hamsters minds.
full member
Activity: 896
Merit: 100
July 02, 2021, 02:48:49 AM
#58
whales can do everything because they have big capital to change the market direction. That is why it is important to read the crypto news daily so that all us as small and medium crypto traders and users have the idea when would be the time to make profit and make investments into the right coin.
but to follow the trend made by whales is not easy. they set everything up like a trap. they create hype quickly but trap some people who don't realize it. as well as whales with large funds that can make the market fall quickly when they have got what they want.
Following the hype of whales is fun, but it's very risky.
full member
Activity: 798
Merit: 104
July 02, 2021, 02:39:54 AM
#57
Somewhat yes. Their actions can influence the market at a certain level. People tend to follow the whales because it's hard to resist. Everyone is doing it so you'll follow. Do your own research and don't just hop on the train like everyone else.
whales can do everything because they have big capital to change the market direction. That is why it is important to read the crypto news daily so that all us as small and medium crypto traders and users have the idea when would be the time to make profit and make investments into the right coin.
newbie
Activity: 3
Merit: 0
July 02, 2021, 12:44:29 AM
#56
Obviously yes, unfortunately the whales strongly manipulate the market when they sell they make the price go down but fortunately when they buy they make the price go up.
newbie
Activity: 4
Merit: 0
July 01, 2021, 09:15:31 PM
#55
Somewhat yes. Their actions can influence the market at a certain level. People tend to follow the whales because it's hard to resist. Everyone is doing it so you'll follow. Do your own research and don't just hop on the train like everyone else.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
July 01, 2021, 06:35:55 PM
#54
IMO whales do control the crypto market most times, in 2017 the crypto market was highly manipulated by whales who pump and dump whenever they see fit, this is the reason why most projects during their crowdfunds usually have a max amount for one individual, to stop one person from owning too much, cause when they do they can manipulate the price of that coin or token whenever they feel like.
This is true, those who have the money can manipulate the market especially if the whales together to pump or dump the market, small investors will pay for the price of that action. Whales are doing it to earn more money and become more big whales, that’s how rich people stays rich. We can ride with the whales but it’s too hard to know their strategy, they can pump and dump at no time so be ready for every possibility.
In my opinion, whales often manipulate prices and what you have to do is just follow the movements of the whales, because if you go against the current made by the whales, you will definitely only get a loss.
member
Activity: 464
Merit: 10
July 01, 2021, 08:06:16 PM
#54

The market cannot be manipulated , this only comes to reality once the people react from the manipulating strategy of the whales.

Example they sold all their coin that will start the value to drop badly , if we panicked and sell our coins also then that will be the domino effect and the whales successfully manipulated the market.

But if we will not react and just let them sell their coin  then we are safe from their target and surely they will buy back again for the reason of failure .

What u said its manipulation, its usually didnt do as simple as that, they sold and create fud news to makes people follow their trap.
Its hard to resist not to follow them if entire market follows. But you true, if we didnt trapped, they will only play with themself and hurts huge trading fee.
whales prepare everything well and with media connection they could spread anything bad or positive rumors . with huge source and even unlimited they could manipulated market. the only way only follow how whales playing, if they sell follow it and if they buy it follow it. dont ever againtrs the trend.
full member
Activity: 602
Merit: 105
July 01, 2021, 07:46:46 PM
#53

The market cannot be manipulated , this only comes to reality once the people react from the manipulating strategy of the whales.

Example they sold all their coin that will start the value to drop badly , if we panicked and sell our coins also then that will be the domino effect and the whales successfully manipulated the market.

But if we will not react and just let them sell their coin  then we are safe from their target and surely they will buy back again for the reason of failure .

What u said its manipulation, its usually didnt do as simple as that, they sold and create fud news to makes people follow their trap.
Its hard to resist not to follow them if entire market follows. But you true, if we didnt trapped, they will only play with themself and hurts huge trading fee.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
July 01, 2021, 06:48:55 PM
#52
IMO whales do control the crypto market most times, in 2017 the crypto market was highly manipulated by whales who pump and dump whenever they see fit, this is the reason why most projects during their crowdfunds usually have a max amount for one individual, to stop one person from owning too much, cause when they do they can manipulate the price of that coin or token whenever they feel like.
This is true, those who have the money can manipulate the market especially if the whales together to pump or dump the market, small investors will pay for the price of that action. Whales are doing it to earn more money and become more big whales, that’s how rich people stays rich. We can ride with the whales but it’s too hard to know their strategy, they can pump and dump at no time so be ready for every possibility.
In my opinion, whales often manipulate prices and what you have to do is just follow the movements of the whales, because if you go against the current made by the whales, you will definitely only get a loss.

There's always a bigger whale.  I remember back in ~2012 when pirate@40 was running his "bank" that later turned out to be a ponzi scheme, he was always bragging about being able to control the market.  He was highly successful at doing so and keeping his ponzi alive until a bigger whale took notice (the guys at bitpay) and squeezed the hell out of him, costing him his manipulating and gutting his ponzi scheme.  

Rather than follow whales into trades of shitcoins to risk your funds to try and profit, don't you think a better idea might be to just find legitimately undervalued useful coins and invest while trying to help build the infrastructure of said coins?
hero member
Activity: 3080
Merit: 603
July 01, 2021, 06:45:39 PM
#51
Take the example of Elon with his another tweet.
https://twitter.com/elonmusk/status/1410529698497630212
Look, with such following, likes and replies on that tweet. There's no doubt that he can manipulate the market for whichever cryptocurrency that he might chose to shill. But most of the time, he's with Dogecoin and now it's rare that he tweets something beautiful about bitcoin.
Nevertheless, they can manipulate it at any way that they can do. Like investing with billions of their fund, using social media platforms, putting it on the news and etc.
sr. member
Activity: 2254
Merit: 258
July 01, 2021, 06:01:27 PM
#50
In my opinion if the whales were also manipulating the market but it looks like your SS has nothing to do with it dude. That site was giving you an information about the richest bitcoin wallet and it doesn't have any correlation with the whales.
The whales were dividing his money to the various coins and it may also have a very big amount of stable coins.
that's why that site was not relevant. the whales were very active on the centralized exchange site dude.

Good point whales do not operate on one wallet, there's a possibility some of those wallets can be considered as a cold wallet, whales can and they always been manipulating the market ever since, every coin has its own shares of whales, it's impossible for a coin without whales on it, not all investors are equal there are some who can afford to have more and some who can only buy a small share.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 01, 2021, 06:25:58 PM
#50
In my opinion if the whales were also manipulating the market but it looks like your SS has nothing to do with it dude. That site was giving you an information about the richest bitcoin wallet and it doesn't have any correlation with the whales.
The whales were dividing his money to the various coins and it may also have a very big amount of stable coins.
that's why that site was not relevant. the whales were very active on the centralized exchange site dude.

Good point whales do not operate on one wallet, there's a possibility some of those wallets can be considered as a cold wallet, whales can and they always been manipulating the market ever since, every coin has its own shares of whales, it's impossible for a coin without whales on it, not all investors are equal there are some who can afford to have more and some who can only buy a small share.

such chart will not give you substantial conclusion, and for coins with high market cap, that's hard to manipulate especially bitcoin. whales may somehow influence but it will not give a very significant movement in the market.
it may be true to some coins with small market cap, as small injection of funds will give a tremendous movement in their market. but with btc, this is hard to manipulate, unless, those big holders will agree what to do with their funds, but i don't think such scenario will happen.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
July 01, 2021, 05:29:43 PM
#49
Interesting website. Well, I think when whales want to manipulate the market, it's impossible to escape, but what would be nice to know is who is a whale nowadays? I feel that the amount of BTC per person has decreased and the amount of BTC by institutions has naturally increased, I don't have evidence of this feeling, but that's what it looks like. In the past, some people were able to impact the market, today these same people would hardly have this ability. The market is more professional too.

With the participation of more institutional investors the pump and dump activities are much lesser now. Whales still doing their
stuff they are influencing the market.

But unlike with  2017-18 period where most of the pump cause by those whales, now it's already chalenging to them as there
now institutional investorswho are willing to grab those dump assets.
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