Except of course those 2 whales have a holding of 8% of the amount of bitcoin in circulation.
That's how I see them manipulating the price effectively.
If not, I do not think it is possible for just 2 whales to manipulate bitcoin price successfully.
Topic: Is it real that one or two big whales can seriously affect the price of BTC? - page 2. (Read 384 times)
December 27, 2018, 05:24:35 AM
December 27, 2018, 05:07:44 AM
Previously, I had heard that among the big whales there were those who had BTC as much as 40% of the total BTC that had spread throughout the world. With that much BTC, I think that's enough to drop the price of bitcoin to be very low. However when they launch the action, usually they are not alone but form a group with other whales.
December 27, 2018, 04:45:07 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
It;s a popular belief that whales are manipulating the market. Yes, they have the power to do so because they can drive the volume due to their immense holding value. They can create demand and create supply in the market due to their deep pocket. However, are they doing so?
I encourage you to read a blog post by Chain Analysis which will clear your mind and some misconceptions about the whales for better,
https://blog.chainalysis.com/reports/bitcoin-whales-oct
It says even if the whales have the power to manipulate the market, they aren't doing so! Instead they are accumulating little by little in this opportunity market price!
December 27, 2018, 04:06:26 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
Whales can influence the price of bitcoin simply because they are already a Millionaires that owns a lot of bitcoin, and for sure through this recent dump they have already acquired more bitcoin and that makes them more powerful than ever. We have to accept the fact that there's really a manipulation happening in cryptomarket, but don't worry because cryptocurrency is meant to pump high in the future, let's just learn how to ride with the whales and take profit when those whales are tired of pumping the market. While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
December 27, 2018, 03:57:40 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
You are wrong, affecting the price doesn't mean that you are controlling the market, you are just affecting it, not dictating what should be the price of it. And another thing, decentralization doesn't mean that price cannot be affected by huge investors or whales. Centralized or decentralized, price will still be affected by the whales because of the law supply and demand, and I don't need to explain what it is for you to understand it. While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
December 27, 2018, 03:46:25 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
Yes, it is quite possible. But we are all on the same ship. I don't think they want to affect badly. But, it still possible...
December 27, 2018, 03:40:16 AM
It depends on how big the whales are. If they are big whales, like Bitmain, they can certainly manipulate the price of bitcoin. In fact, we have seen it in the past few days.
And I believe that there is more than one big whale behind Bitcoin, which is why the Bitcoin ETF has been repeatedly rejected.
And I believe that there is more than one big whale behind Bitcoin, which is why the Bitcoin ETF has been repeatedly rejected.
It also depends on how much bitcoin they have because I am sure that the big whales will have thousand of bitcoin in their wallet and they can move the price although it's not always happening. But I don't think that they want to give effect to the price and I think they are waiting for the right time to buy more bitcoin and I am sure they have a lot of money ready to use to buy bitcoin later.
December 27, 2018, 02:53:55 AM
It depends on how big the whales are. If they are big whales, like Bitmain, they can certainly manipulate the price of bitcoin. In fact, we have seen it in the past few days.
And I believe that there is more than one big whale behind Bitcoin, which is why the Bitcoin ETF has been repeatedly rejected.
And I believe that there is more than one big whale behind Bitcoin, which is why the Bitcoin ETF has been repeatedly rejected.
December 27, 2018, 02:52:05 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
BTC desentralization doesn't mean that the bitcoin price can't be influenced by crypto whales.
I think that a crypto whale can easily crash the bitcoin price by selling adressively his own bitcoin holdings.
When it comes to pumping the price,I think it would be more difficult,because it requires a lot of promotion and propaganda,that will eventually build hype around btc.
December 27, 2018, 02:33:53 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
of course, because they can satisfy demand
December 27, 2018, 02:27:15 AM
I am not sure of their words, Bitcoin digital currency with mobilization is very sensitive, small whales with one person cannot influence the price of Bitcoin, I assume that Bitcoin is very influential with people who buy or Demacd, no one controls price risesand down against Bitcoin.
December 27, 2018, 02:16:17 AM
As for cryptocurrencies, I know their markets are often handled by some big whales.
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
While some times, it's said that, a little group of whales, or even solely one whale can affect the price
https://www.reddit.com/r/jex/comments/a9wizj/sometimes_love_and_care_is_very_improtant/
As I've thought BTC is of decentralization and its price shouldn't be easily controlled by a too small a group.
So may I believe this kind of saying?
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