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Topic: Is it a Whale attack on market price of cryptos? (Read 441 times)

newbie
Activity: 183
Merit: 0
if I do not believe in whales, because Bitcoin is owned by individuals. But it can be said yes this is the act of the Whale, because I see the market is in the pump and in the dump kn just like that. such as price manipulation by a particular group.

and many Cryptocurrency telegram groups say this is whale-shaped, so what else?
just enjoy your life with a cup of coffee, because Bitcoin knows where he is going to go Smiley
jr. member
Activity: 109
Merit: 2
There are so many reasons why bitcoin or crypto price was getting down,like fud news or some news that indicating bitcoin was scam,and also as you said a big whales they really affecting the price of bitcoin if they sell or buy so im sure moving market its because of currently happening in our environment in crypto.
newbie
Activity: 252
Merit: 0
I believe that possibly there is some point in your musings about the whale assault. Be that as it may, I don't imagine that this fall will be for long and will bring about something extremely genuine. As I would see it, it won't vacillate much soon. But the market will change soon.
jr. member
Activity: 91
Merit: 5
Guess what, you never gonna find out.

Long term fundamental for bitcoin remain the same (limited supply, innovation will make it faster = lightning, it has not been hacked etc.).
I think its a combination; price manipulation (because it's not regulated yet) and less FOMO. Once the SEC (US regulators) starts to find and end at least end  some of the manipulators it might kickstart into a global regulatory framework. Nobody likes regulation, but in this case I think it's good because what's happening with the price right now (if we assume it's partially caused by manipulation) does not help to grow the entire crypto industry.

To put things in perspective; btc was 2k last year same period, so eeeh...we're not doing that bad :-)


hero member
Activity: 1862
Merit: 601
The Martian Child
There is the possibilities of a whale attack but if this is the one that cause the dump then it won't take that long. That whale can cause some few panics and he will try again to buy at cheaper price. Rinse and repeat.
sr. member
Activity: 854
Merit: 250
BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .
bitcoin prices do have a drastic decline, but keep in mind and we can see from year ketahunnya bitcoin increase if we only see per day we will see the price drop
newbie
Activity: 294
Merit: 0
No. I dont think so that it is a whale attack. There is always ups and downs in crypto. So its a natural part of it. So dont get frustrated.
newbie
Activity: 238
Merit: 0
Yes I will agree that the price of BTC has fallen down since last few days. But I think you should not lose hope because I believe that it is a down fall before a big movement. Soon the market price will rise up.
newbie
Activity: 78
Merit: 0
BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .
big or small is relative in a trade, we need to understand the price down because of many factors and so on.
I think if there is a word that can describe this incident is a lightning strike during the day
for a moment to panic and then walk away
full member
Activity: 616
Merit: 100
yes right now the price of bitcoin is going down, I don't know what happens with the bitcoin, but I think bitcoin price going down and going up is normal because if there are not changes price I think bitcoin is a crisis, the price of bitcoin going up and down shows me that bitcoin still have a demand and stock in the market
full member
Activity: 588
Merit: 103
I think so whales are on watching mode they are ready to have a move to changes the price of crypto but they cannot manipulate bitcoin.
newbie
Activity: 280
Merit: 0
i don't think so it's Whale attack on market price of cryptos. It's normal price up down to me as things happens in our market. so don't panic my mate. Roll Eyes
full member
Activity: 1232
Merit: 186
I don't have any clue either why the price seems stopping to grow. Bitcoin's price is now lower than the usual which supposed to be many investors will horde coins because these days are the best for buying, but why the price are not soaring high at least in a short period of time? This means that investors refuse to buy despite of a great opportunity? Sounds strange Huh.

For this reason, i somehow believe that whales are controlling the market. Maybe they are waiting more a little longer before buying (just an opinion).
newbie
Activity: 168
Merit: 0
It is really hard to identify whether it is whale or not. But I think that price up/down is a common part of any financial part. And as a result, it moves up and down.
newbie
Activity: 100
Merit: 0
It could happen that it was a whale attack, because I know with a huge price drop and make panic sell and after that the whales can buy with much at a cheap price.
full member
Activity: 448
Merit: 100
I don’t think so.While I imagine that the moderate and continuous lessening of crypto costs is in an extensive part caused by previous venders in part re-entering the market, they are surely not going to return in all that they got the money for out, and this movement is likely going to decrease.With that happening, crypto is going to be falling faster.
full member
Activity: 378
Merit: 100
whales have nothing to do with it. just a great demand passed. Accordingly, only those who are engaged in trade remained in the market. those people who just bought and waited, do not buy anymore. some sell and forget about the crypto, some wait for the moment when you can sell more expensive
jr. member
Activity: 294
Merit: 1
This might be a whale attack because there area lot of demands in the market and the market is growing gradually. But, according to that the price is not that growing. I think some people are having control over it. Some procedures should be taken to eradicate these whales.
newbie
Activity: 238
Merit: 0
BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .

I don't know what exactly is driving the prices down, as general atmosphere should be rather good, with all companies enetering blockchain industry proving the critics wrong.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
there has been a lot of manipulation taking place in bitcoin market on exchanges for a couple of months now. my observation is that it started mainly at strength when price went below $10k for the first time and it has only grown ever since. so the one small drop in a day that OP saw is not a "whale attack" it is just a simple drop but it was caused by the same manipulation that has been going on. if you want to call that a "whale attack" then feel free to.
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