This is some real BS.Bitcoins price becomes bearish because the supply outstrips the demand.
People try to sell it off, as soon as it reaches a high point.Thus filling the market with many sell orders.This might be true for small alts, but not for bitcoins.The market is very huge and it will be very hard to hide such a big BS.
Just speculations with no proof.
Topic: Do You Know How Whales Sucking Us (Read 727 times)
It's one of the ways and tricks of whales to earn more money, that they sell a lot of their bitcoin and when the price goes down they start making big purchases again.
if so maybe that's how they play around with the price. if they want to earn more money why do not they wait for high bitcoin prices then sell? it's just a waste of energy alone. Whales probably is not the reason about the movement of Bitcoin's value. Because one of the most factor that can affect the price is definitely about speculations and also the impact of the media.
why not? of course they are. whales are the number one reason on why price fluctuates too much. whales do manipulate and control the entire crypto market though there were also other factors that affect the price of crypto , few of them are what you'v said earlier such as speculations or fuds and the impact of media or social medias.
i do already know and most of us already know that whales are involved in the big crash that is happeing lately but whales will also be the reason for its recovery that probably can soon. so i guess there is no need for us to panic.
When price falls with steep dive, small investors panics and sells. When price have a steep rise same people again panic buys . This is happening nearly all time , so whales are working to convince that weakhands. And also there are bots which move algorithmically so they can be predicted when market moves fast so whale triggers them and this works a lot of time. So no wonder why they do this. It is always profitable for them.
It's very convenient to pin the blame for price drops on the rich traders, but that doesn't make it true. There are a lot of people in the bitcoin market these days, so this most recent drop could just as easily be due to a bunch of little and medium-sized traders selling off. But who knows. It's not like there's any data on who's selling what, and in either case we've seen times like this before. Hopefully bitcoin will rebound before the end of the year.
But isn't it big whales who are actually moving the price in a major way? Yes, Bitcoin was overbought heavily in December which eventually caused a massive correction. But as it later turned out, some dude with a huge pile of Gox coins went on a selling spree some time back then. Isn't it enough to show and prove in practice how just one person is able to affect the prices? I agree that the cryptocurrency markets are crowded nowadays and were even more crowded a few months ago up to a point where exchanges stopped registering new users, but how much weight in terms of influence on prices do small fish have?
Given that the majority of these wannabe traders are more inclined toward long-term holding, without the big guns the price would be trading in a rather narrow range with minor fluctuations and not so steep or even abrupt changes.
Hmm, I don't quite understand what exactly you are trying to challenge in my post and whether it is actually me that you are trying to attack here. Did you understand what I really said? The price has collapsed specifically because of just one man with a huge stash of bitcoins who went nuts to sell them all. Actually, not all of them but enough to crash the price so hard. If he really tried to sell them all, we would likely see 3 digits again. On the other hand, if there were no big guns (aka whales) in the market, we wouldn't see such big price swings, so fantastic surges and no less spectacular crashes. In short, read my post again.
Whales probably is not the reason about the movement of Bitcoin's value. Because one of the most factor that can affect the price is definitely about speculations and also the impact of the media.
It's one of the ways and tricks of whales to earn more money, that they sell a lot of their bitcoin and when the price goes down they start making big purchases again.
yes, you are right, man. the popes have indeed looked very good at this. I think the pope will continue to overshadow the small investors in this matter. they will continue to take advantage of this. to be honest I've be fed up with like this. hopefully this can end soon in the near future.
As long as there are panic-sellers, there will be sell-offs. I agree that investors will keep selling at $10k because supply exceeds demand at $10k. I plan to sell at least 60% of my networth when that happens.
Even if whales are doing this manipulation by dumping price then why to worry just let them do their work and panic sellers will cry later , bcoz same whales after accumulating more btc will pump price back to All Time High .
here not the whales but the panic sellers are also responsible for low prices .
What is the rationality of thinking of someone who blames whales when bitcoin and altcoin prices decrease? Do they blame whales when the price of cryptocurrency increases? I guess they have to blame, however, I never noticed when bitcoin prices went up they blamed whales. It is a disease that we have, blaming others when we get losses, and we are happy to get profit. I agree with you, the price reduction is not caused by whales, it's not about that. However, we deserve to blame the information that comes and we deserve to accept it. here not the whales but the panic sellers are also responsible for low prices .
It's very funny to see people shake when they see the market going red. They think that's the end of the crypto revolution, but they realise their mistakes far too late when they've sold their prized assets. Whales know this so much. They're the source of news that cause FUDs.
Sorry to disappoint you, bro, but this is not the case with most coins out there. The fall of their price has more to do with the dump phase of the pump&dump scheme rather than with FUD or anything to that tune. Today the dump phase is the final phase in the life cycle of the vast majority of what you call "prized assets". If you don't accept this fact, then you are in for a big trouble. And we are in no way guaranteed that Bitcoin, the king of coins, will ever make a new all-time high. This is what "whales" know, that there may not be a way back if you don't sell in time.
You should know that too.
This is our bad luck that in crypto world we are facing whales. These are the people that never let us earn money from bitcoin. They only manipulate for their benefits. They don’t care of thousands of investors who put their money in bitcoin to make some money. They are the crabs of this world and have no moral values.
Dude stop whining please. Whales exist in any market out there!
If you have no patience for hodling few years, then learn how to trade or just the space.
Markets go up and down! This is how it works.. We had a 2 year bull run! And the price was pumped massively! So whales weren't allowing you to make profits??
Give me a break please!
Don't blame others if you don't know how to invest or trade properly. So instead of complaining and point with the finger on others, how educating yourself and learn from your own mistakes.
The whales are experts when it comes to trading. They are master manipulators of the market due to their huge amount of resources both on dollars and bitcoin.
I wouldn't disagree with any of that--but I would argue that there's no real evidence that the drop from $20k was due to any whales. It could be that the market has just cooled off for now, and that's happened before.It's very convenient to pin the blame for price drops on the rich traders, but that doesn't make it true. There are a lot of people in the bitcoin market these days, so this most recent drop could just as easily be due to a bunch of little and medium-sized traders selling off. But who knows. It's not like there's any data on who's selling what, and in either case we've seen times like this before. Hopefully bitcoin will rebound before the end of the year.
It's very convenient to pin the blame for price drops on the rich traders, but that doesn't make it true. There are a lot of people in the bitcoin market these days, so this most recent drop could just as easily be due to a bunch of little and medium-sized traders selling off. But who knows. It's not like there's any data on who's selling what, and in either case we've seen times like this before. Hopefully bitcoin will rebound before the end of the year.
But isn't it big whales who are actually moving the price in a major way? Yes, Bitcoin was overbought heavily in December which eventually caused a massive correction. But as it later turned out, some dude with a huge pile of Gox coins went on a selling spree some time back then. Isn't it enough to show and prove in practice how just one person is able to affect the prices? I agree that the cryptocurrency markets are crowded nowadays and were even more crowded a few months ago up to a point where exchanges stopped registering new users, but how much weight in terms of influence on prices do small fish have?
Given that the majority of these wannabe traders are more inclined toward long-term holding, without the big guns the price would be trading in a rather narrow range with minor fluctuations and not so steep or even abrupt changes.
Even if whales are doing this manipulation by dumping price then why to worry just let them do their work and panic sellers will cry later , bcoz same whales after accumulating more btc will pump price back to All Time High .
here not the whales but the panic sellers are also responsible for low prices .
here not the whales but the panic sellers are also responsible for low prices .
It's very funny to see people shake when they see the market going red. They think that's the end of the crypto revolution, but they realise their mistakes far too late when they've sold their prized assets. Whales know this so much. They're the source of news that cause FUDs.
We must surrender to the whale Because it is stronger than us
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
This is exactly what they want to achieve. They want to cause a lot of FUDs so that weak hands can give away their valuables in exchange for peanuts, even when it's obvious that they're selling at a loss.
We must surrender to the whale Because it is stronger than us
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
no they are not. we are still stronger than whales because we are more or rather they are more regular users of crypto when compared to the number of whales and we can always beat them if ever we are united and agree to the same actions (whether we buy and sell , we can always make a change to the current market of cryptos )
Quote
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
you must wait for the whale to go, the same as on the scenerio of cryptos . we do also wait if a crypto whale attacks and manipulate the market because if we do move or panic , then we could posibly loose.
We must surrender to the whale Because it is stronger than us
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
If a big whale stick on your small boat. What will you do? Will you walk with the direction of the whale or resist?
The best solution is to sell bitcoin
Whales are dumping their share to buy it at a low price ,
They are using their huge stock to create a huge price drop and when the people gets afraid of it they will also sell their share and that would create a huge dump,
And then the whale would surely take the opportunity to buy back what they sold in a much more cheaper price.
They are using their huge stock to create a huge price drop and when the people gets afraid of it they will also sell their share and that would create a huge dump,
And then the whale would surely take the opportunity to buy back what they sold in a much more cheaper price.
Whales are real but they are not as effective as you think, if you are a hodler whales can't suck you because younare out of the game.
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