Is it true that a whale moved 8k BTC? - page 2.

renggileh

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Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

I think the biggest turtle fish out there is the brother of Winklevos who owns 1% of the amount of bitcoin available.
is it possible they have caused the market to fall.

crypto90

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Normaly if someone moved a segnificant amount of btc to an exchamge should not affect in any way the market. However if people saw the transaction or heard rumors about that, could have panicked thinking that someone is preparing to sell 8k btc on a singal market what could crash the price, and because of that those ppl started selling. That panic might have done a lot more damage to the market then the sell of the 8k alone. But tbh I dom't think it was none of the above.

OrangeII

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Quote from: spongegar on August 30, 2018, 12:46:11 AM

I don't know if it is true or not. But 8k Bitcoins pumped them dumped is really destructive on an unregulated matket suxh as crypto currency. This could really plunge the market downwards, but then again imagining a millionaire juat staring at the trade screen and waiting for the right time to dump is unthinkable.

for now, bitcoin prices may be adjusting prices to stabilize at a price of $ 7k. well, we know that bitcoin has just arrived at that price, surely many people will think of selling assets they have.

spongegar

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I don't know if it is true or not. But 8k Bitcoins pumped them dumped is really destructive on an unregulated matket suxh as crypto currency. This could really plunge the market downwards, but then again imagining a millionaire juat staring at the trade screen and waiting for the right time to dump is unthinkable.

hawkins

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Quote from: pocketfullofpoke on August 29, 2018, 01:34:56 AM

I haven't read any news/events regarding the culprit of bitcoin's fall over the past couple of months but if that is really true, moving an 8K is really a huge volume of bitcoin. I am not surprise anymore if whale/s do contribute the movement of bitcoin and cryptomarket's condition.

well, for now the price of bitcoin arrived at a price of $ 7k, but it looks like this price is really at the end. well, if the price goes up to the price of $ 8k, of course this will be a good increase. maybe the price of $ 7k will become more stable if the price reaches $7500.

pocketfullofpoke

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I haven't read any news/events regarding the culprit of bitcoin's fall over the past couple of months but if that is really true, moving an 8K is really a huge volume of bitcoin. I am not surprise anymore if whale/s do contribute the movement of bitcoin and cryptomarket's condition.

erominer

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maybe true maybe not, regardless what these news may bring is that we are not sure yet what price btc will be siiting in for the next years.

The Sceptical Chymist

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Quote from: Vzae on August 28, 2018, 12:32:35 PM

But if the issue says that a whale moves its bitcoin by 8K to the exchange, it will cause fud and make everyone panic sell. And that will make the price fall in.

Eh, I don't think so. Yes, it's a big amount of bitcoin but I don't think it was enough for people to lose their minds over--this thread might as well be 10 years old at this point. I'm not even sure if that amount of btc was dumped on the market all at once if it would be enough to cause a dip, let alone a crash.

I'd be curious to read some updates about this, and whether that bitcoin was sold or not.

Vzae

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Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered. Is that true?

A whale that moves bitcoin from a private wallet to wallet exchange will not affect the price of bitcoin.
But if the issue says that a whale moves its bitcoin by 8K to the exchange, it will cause fud and make everyone panic sell. And that will make the price fall in.

calya

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Quote from: VBCryp@ on August 28, 2018, 05:39:57 AM

In the cryptographic market, the price of coins is constantly increasing, so it is not natural that they are all set by an organization, so we are small investors. patiently waiting.

and maybe today is resurrection cryptomarket.and that news not affected into cryptomarket, even after sec reject etf market still stable.

VBCryp@

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In the cryptographic market, the price of coins is constantly increasing, so it is not natural that they are all set by an organization, so we are small investors. patiently waiting.

Dodongbtc111

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Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Definitely, the whale movement can be served as the hazard of cryptocurrency market for it to give doubt to investors who are trusting it's capability. This is a serious problem that need a quick remedy.

ivanst776

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Quote from: RockBar0 on August 23, 2018, 03:16:37 PM

Quote from: Riddikulo on August 07, 2018, 10:56:22 AM

Quote from: linesretweetG on August 03, 2018, 08:49:05 AM

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that Wink

The whales can do whatever they want. These are the richest people that have concentrated over 90% of Bitcoins in their hands. Yes, their activities always affect the market, and we cannot change this situation.

This is obvious because they have the right to do it. The actions affect the market, most whales do. Then the fry are also eaten. I hope these whales should help something for the society. It is very precious and respectful.

Whales are whales! they are just some ordinary ( some of them ) but now look at them
They want to protect what they have now and if possible bag more.
They can put a big amount on the wall and get what they want.
Props to them they believe earlier than us. so i am saying this is their privilege now.

BorisVirla

newbie

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Maybe it's just a coincidence, but maybe there is a relationship between withdrawing money and lowering the price.

brukva

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I always felt that the more people sell their coins, the more the price decreases.

RockBar0

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Quote from: Riddikulo on August 07, 2018, 10:56:22 AM

Quote from: linesretweetG on August 03, 2018, 08:49:05 AM

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that Wink

The whales can do whatever they want. These are the richest people that have concentrated over 90% of Bitcoins in their hands. Yes, their activities always affect the market, and we cannot change this situation.

This is obvious because they have the right to do it. The actions affect the market, most whales do. Then the fry are also eaten. I hope these whales should help something for the society. It is very precious and respectful.

cryptoalfs76

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Activity: 406

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Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Actualy we have no strong evidence to determine thats those big whales are the one manipulating to make the market price moved to $8K thats makes the now going down in addition of stop losses being triggered,because all of this only a speculation coming out into our mind,maybe we can say its true or not,the only things we should hope thats all this chaos in crypto will resolve soon and hoping thats bullish market would happen now,so thats the vision of market price will grow and all crypto coins would pump back its circulation.

justspare

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Quote from: engwenqu01 on July 02, 2018, 03:31:01 AM

I only heard someone transfering 80,000 bitcoins today, ready to sell, not the behavior of the exchange, it is a personal address, so be careful.

Guys like you who talk like this just for the purpose of trying to increase your post count sucks. Let us even assume what you are saying is for real, what proof do you have it is a personal address and not an exchange address, and what gives you the assurance that this person is ready to dump on the market except for the fact that you feel passing FUD is easier for your post count. At least, next time you want to share something like this, drop the proof if you ever want anyone to take you serious.

Quote from: Lorence.xD on July 02, 2018, 05:38:59 AM

Market is Volatile, anything can happened at any given time at the market trading, Movement of 8k of Bitcoin is just a fraction of the volume of trading investment in Bitcoin, this does not affect in any way or what so ever on the price value of Bitcoin, there are a lot of indicators that contribute to the price movement, like, the issue on Scammer, Banned, Hacking, and the never ending issue on Regulation, not to mention the market trends, market structure, over all situation of the market.

Yes, the volatility of the market is what makes it easy for the response of bitcoin movement to cause panic easily with a quick dump which I am not surprised anyway since the news of the MtGox guy went flying around. It all balls down to FUD anyway and there is nothing at this stage we can do about it. The market is bound to have a huge correction and all these ones are just some quick driving factor to see it go lower and faster.

Lwtelencio

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Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

maybe it will happen but don't directly believe because sometimes it just only a speculation.

marlo1001

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Activity: 365

Merit: 101

Quote from: Aveatrex on June 10, 2018, 07:50:35 PM

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

8K Bitcoins is not that big man in terms of whales business, so probably it does not affect the price overall. The fact is those guys are having so much more money than we do.

Topic: Is it true that a whale moved 8k BTC? - page 2. (Read 1638 times)