Topic: Do whales really control the market, or is that a myth - page 2. (Read 2276 times)
We can't say for sure because no whale admits that they are actually manipulating the market. But we can infer from the facts and either believe it or not. I think the market is being manipulated.
I think they really do but they don't control it they create a certain move and that move could start the pump or dump of the market,
So for me they could really control the market and we have seen it before .
So for me they could really control the market and we have seen it before .
All types of investments, the rule is: whales always manipulate the markets and it is a true in the crypto market too
Big investors do have a larger control in the market because of the volume . If some one has say 10k btc and started to sell then it is expected that market will come down and not rise suddenly. Just if group of large investors come together and started to dump it then price and demand will get effected
do the market shake they can easily do that and make it according to whatever directions they've desired to go, no one can deny that even in the
stock market there's also whales who can drive the assets to its downfall or certain bull run.
The question is who are the whales? Whales in crypto are the renowned and expert people in crypto with much influence. These whales have large audience who follow every step they take. Remember, crypto is strongly affected by the attitude of people towards it on the market. Once the whales influence their audience or followers to act in a certain way towards the market, the market moves in such direction.
In a world of investments whale has the power to control the market but in a world of decentralised crypto world whale is just a myth although he can manipulate the market for very short period of time and for the bitcoin the miners has the greater control of the market.
For me they can not control it but they can easily influence the market for the transactions they will make and for sure if they all cooperate they can nurture the price for a short period of time, that's what I know. Whales are the large investors so just cooperate with them and hold your coins.
whales are the most bitcoin or crypto holders and there they have the freedom to play market prices especially when they are in groups to create havoc on the market. but the market is indeed supposed to be dynamic in accordance with the rules of supply and demand
These whales or big time investors may not control the cryptocurrency market but they easily manipulates prices to their preferred price in anytime they want. But there is still no sufficient evidences if these so-called whales can turn market or a coin into a bullish and bearish state. If majority of the investors moves to buy coins simultaneously, the market would surely go up even if the whales want it the other way.
Manipulate or influence is what we can describe about whales. They intimidated newbie traders by posting large sell orders, causing them to panic. Of course we don't have sufficient proof because every address doesn't have a name so we don't know we this whales are. But I certainly believed that they really exist.
The influence of whales is very significant in the market; this is noticeable even to a new person in the crypto world, as large coin holders have collapsed the market making transactions between their accounts.
These whales or big time investors may not control the cryptocurrency market but they easily manipulates prices to their preferred price in anytime they want. But there is still no sufficient evidences if these so-called whales can turn market or a coin into a bullish and bearish state. If majority of the investors moves to buy coins simultaneously, the market would surely go up even if the whales want it the other way.
I think whales have some control over the market but they're not omnipotent. They may have some impact on the price, but managing the market - it sounds like a fairy tale. IMHO
I think it's true. there is a whale who controls buy and sell cryptocurrencies market price. indeed they does not have many coins as a market controller but I assume that those who have large funds work together in creating market price like they want. try to imagine if their large funds join and work together in transactions. I think that is very possible.
I am not sure about this, but my feeling says they have controlled the market and some of them still hold a large number of many coins. I think this is why that the market sometimes can increase too higher or decrease too deep because some people or some group moves the price to that range of price. But still, we don't know the truth, and we can only guess in many times.
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
The whales is possible to control the market, but i guess it is not easy as we imagine.
Even if they have many coins in their wallets, they need to using the wallet in every exchange to control the market.
You know there are many exchanges with a great volume in the market, it will be difficult to control all.
All types of investments, the rule is: whales always manipulate the markets and it is a true in the crypto market too
Big investors do have a larger control in the market because of the volume . If some one has say 10k btc and started to sell then it is expected that market will come down and not rise suddenly. Just if group of large investors come together and started to dump it then price and demand will get effected
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
There are lot of times where Bitcoin and other altcoins where accused of price manipulation and though there are no concrete evidence, it seems that this is really happening specially whales have lot of funds and when they sell or buy it really affect the price movement. 
No, They don't control the crypto market but it is not a myth too. Whales control the crypto market for a short time, they can't control the whole crypto market for a long time. If whales can control it then we must say cryptocurrency can be controlled? Whales chose some exact exchanges and exact coin to control the price.
All types of investments, the rule is: whales always manipulate the markets and it is a true in the crypto market too
It seems to me that there are manipulations on the market but there are no whales in sight. This is people just came up with to somehow explain the market vision.
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
Not a myth or a figment. Given that bitcoin which is not authorized by government legal entities, has made it vulnerable to manipulation by a group of big whales. Large whales are more camouflage they can be behind anyone, for example CBOE, exchange sites or companies, etc.
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