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Topic: Is it a Whale attack on market price of cryptos? - page 2. (Read 441 times)

newbie
Activity: 294
Merit: 0
The price fall is very natural bitcoin and I don't think this ia a whale effect. If you compare the price with what it was last year you will see how much it has increased. Besides the prices were falling drastically at the begining of the year. It has increased much. For now this fall is not a thing to worry.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
Big player (investor) of bitcoin quit supporting this crypto they change crypto on supporting such as eth and ltc so by that it really affect the price of bitcoin within the past two to three month, They will back on my intuition when the price of btc was about to 1k to 1.2k usd.
jr. member
Activity: 118
Merit: 1
It is true that these days the bitcoin and other altcoins are experiencing a great decline and I believe that this is a whale attack to lower prices and buy at low prices.
newbie
Activity: 266
Merit: 0
Its true in recent times this market facing some problems because some countries are banned crypto they feel it is illegal. For this reason people are afraid to invest on this market. It decreases the market price. But i think this situation will be change in recent time.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
there has been a "whale attack" happening on bitcoin for some time now. but this attack is not taking place the way you think it is. instead it works like this: the whales get bigger each time you let them buy more bitcoin than you or when you sell your coins at the bottom because of panic to them. who do you think places those buy orders at the bottom waiting to fill their big whale bellies Cheesy
legendary
Activity: 2576
Merit: 1043
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Maybe yes, maybe no. For me, this is a normal massive correction only for bitcoin. Bitcoin is trying to retesting the Feb / April lows but now in a higher low. In April, it reached the 6800 mark and if it will retest it again maybe it will stop at 7k or below it. Going below the Feb / April lows will be devastating for bitcoin. Whales??? UHHHMMM maybe they have sold some of their bitcoins but not all. They are trying to buy the lows at this moment.
legendary
Activity: 1420
Merit: 1010
I think the 51% attack on BTG has been the cause for the drop in price over last few days / week. $18 million estimated to be stolen from exchanges, these exchanges will need to pay bills cover losses etc and people will jump ship on hearing this or maybe wait on investing further.

Again though it standard market price swings as everyone else suggesting

Fuzzybear
newbie
Activity: 75
Merit: 0
Maybe Bitcoin Falls Due To More Bitcoin Usage In This Year So Bitcoin Falls But Maybe Bitcoin Will Also Rise In Next Year So Maybe It's The Right Time To Investate Back In bitcoin
member
Activity: 560
Merit: 11
yes, some people say, this is a whale game, because they are in control of bitcoin prices. then also another bad factor makes bitcoin difficult to move and difficult to rise.

I think something that can stop the market game so the whales cannot move is a public volume that supports Bitcoin.

some people also predict that the whales are deadlocked, so whales cannot move, unless they save more assets.

this correction makes people confused.
hero member
Activity: 826
Merit: 518
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 .
Maybe but who knows what is the exact reason.

It is better to buy some crypto currencies now hopefully the price will recover in the coming days.But I think this may not be the whales attack this is happening due to the short term holders who bought the currencies at $9500 or above when there is huge bump happened in few days now they are selling the cryptos to make money.
full member
Activity: 798
Merit: 109
https://bmy.guide
-snip-
Never hate the whales, they are gentle giants.  Cool
Yes, you are right, if ever the whales are one of the reasons why bitcoin and altcoins are decreasing now, well, never hate them.

But I think I don't believe those whales that they are the reason for dumping cryptocurrency, it is a nature that has a fluctuation in the marketcap that's why there is up and down price movement. So, therefore what I mean is no one can control the price of bitcoin even big whale there is nothing to do.
member
Activity: 322
Merit: 10
If we have accepted that bitcoin price goes up and comes down, then there is no cause for alarm. It is part of the game. It is TBC they say always go up and don't come down, not BTC.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
This is a market ,so markets always go up & down. It's the nature of this.  Cheesy
In this case I am sure that ththey market is being manipulated by the big whales in bitcoins. They are spreading FUD so that the faint hearted sell their bitcoins and then they get it a cheaper price.
member
Activity: 308
Merit: 15
I guess not? since the market price for cryptocurrency could not change even if there are rich people that will go to invest on it. Since the value of bitcoin is relatively expensive. If it will move then probably it needs a huge budget for it to play with in the crypto markets volatility. I bet if there is a whale attack it is not only composes of an individual instead it is a group of rich people.
legendary
Activity: 1904
Merit: 1074
The first rule of Whale Club, is NEVER to talk about Whale Club!  Grin

Whales do not attack, they just swim through the market {ocean} and throw their weight around. They eat all the small

fish {The small newbies, that panic at the smallest volatility in the price} ....and they create one hell of a ripple, when they

do that.  Wink  Never hate the whales, they are gentle giants.  Cool
member
Activity: 207
Merit: 20
I guess we can't really tell... Only speculating but I think if there was a massive attack, the price would be lower..
legendary
Activity: 1442
Merit: 1016
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 .

Hard to say. Of course it could be the case that guys with lots of coins and money try to suppress the market, to accumulate as much as coins as possible.
For instance they could buy OTC some bigger batches, for a lower price if, and dump on exchanges while being short on spot and futures.
And every time they've reached their targeted price levels, they buy back in. There are a few more strategies they are probably using.
The market is so tiny, manipulating it when you have deep pockets is not that difficult.
I'm not saying that this is happening right now. I'm just saying it is possible and probably happened in the past.
newbie
Activity: 181
Merit: 0
This is a market ,so markets always go up & down. It's the nature of this.  Cheesy
sr. member
Activity: 1572
Merit: 267
Monty Python-Juniper Bush Clip
https://www.youtube.com/watch?v=pCFBndlScBc

Shall be given what ?
member
Activity: 266
Merit: 10
I think that maybe there is some point in your thoughts about the whale attack. However, I don't think that this fall will be for long and will result in something really serious. In my opinion, it will not fluctuate much soon
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