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Topic: Is the market currently being manipulated? - page 11. (Read 1899 times)

hero member
Activity: 1008
Merit: 511
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November 08, 2019, 12:44:55 PM
#8
It is possible to manipulate the market in crypto-space which is why we have people that we called whales but sometimes the market just react naturally to the crypto holders wants. I was thinking that the reason of sudden fall is maybe because of the up-coming Christmas season and this thing happens every year wherein a lot of people convert their crypto in fiat currency to buy something earlier before November ends because this is the right time where you could get Christmas gifts much cheaper.
legendary
Activity: 3752
Merit: 1415
November 08, 2019, 12:26:47 PM
#7
The market is always being manipulated.  With bitcoin less and less the higher the volume gets, it takes much more capital than in the past to move the market one way or the other.  But alt markets are always being toyed with.  The volume is just too small to avoid these manipulations.  Always be careful of spikes in either direction it's usually a game being played.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 08, 2019, 12:16:37 PM
#6
usually before the pump, the market always falls. and today I see the market experiencing a decline, especially for bitcoin and several other big altcoins. in recent days bitcoin may be able to hold above 9k, but in the end it still falls.

then I wonder if this is really the downfall before the pump?
considering that soon we will enter the end of Q4 2019, and in Q2 2020 bitcoin will be halving. so now is the last time the Whales buy cheap btc. that's why the market was deliberately manipulated to make the price of bitcoin go down. and after that they pump slowly to look like market growth.

so what do you think, is my thinking wrong?
The pump was the manipulation and not the dump, look at the abnormally high volume we got during that pump, it was fabricated to make people to buy bitcoin and make its price higher so the whales could sell their coins for a more expensive price, the decrease in the price we are seeing is happening without too much volume, which means many are selling and there are few buyers, so there is almost no resistance to the negative movement of bitcoin, this should tell you there was never enough support for the price to go any higher.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 08, 2019, 12:13:55 PM
#5
usually before the pump, the market always falls. and today I see the market experiencing a decline, especially for bitcoin and several other big altcoins. in recent days bitcoin may be able to hold above 9k, but in the end it still falls.

then I wonder if this is really the downfall before the pump?
considering that soon we will enter the end of Q4 2019, and in Q2 2020 bitcoin will be halving. so now is the last time the Whales buy cheap btc. that's why the market was deliberately manipulated to make the price of bitcoin go down. and after that they pump slowly to look like market growth.

so what do you think, is my thinking wrong?

oh man, the market is definitally manipulated, the bigger question is by whom? and how? would be curious to know the answers
The stuff that's illegal big time in traditional markets is either not illegal or not enforceable in crypto, so best believe it happens, too tempting not too imo
the potential is just too high for massive profits so i bet institutional whales do it all day
sr. member
Activity: 1274
Merit: 267
November 08, 2019, 12:08:12 PM
#4
Tell me when the market isnclearly not manipulated?

Bitcoin is really bringing full control of our assets, our funds, our everything. But the system, no matter it is decentralized or centralized will be being manipulated by some few people. Who are manipulating this? Those who has enough power to move the market chart.

It is always manipulated.
member
Activity: 658
Merit: 13
November 08, 2019, 11:50:22 AM
#3
I think the market looks stable, bitcoin doesn't fall too far, so it's safe now. maybe this is just a small rally, so don't worry. it's too fast to think the market is manipulated just because of this. halving is still too long, maybe about 6 months. so there's no way the hype started this fast.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
November 08, 2019, 11:36:44 AM
#2
To me, it seems like the market is moving its usual state. An up and down movement, just relax and be patient i know this is just a temporary fall. If the market has a dump before the jump then this is it but don't just expect too much because there is nothing in particular that would make the market to pump beyond $9,000 at this time. You may think it is being manipulated but this is how the market move.
full member
Activity: 1024
Merit: 100
November 08, 2019, 11:24:27 AM
#1
usually before the pump, the market always falls. and today I see the market experiencing a decline, especially for bitcoin and several other big altcoins. in recent days bitcoin may be able to hold above 9k, but in the end it still falls.

then I wonder if this is really the downfall before the pump?
considering that soon we will enter the end of Q4 2019, and in Q2 2020 bitcoin will be halving. so now is the last time the Whales buy cheap btc. that's why the market was deliberately manipulated to make the price of bitcoin go down. and after that they pump slowly to look like market growth.

so what do you think, is my thinking wrong?
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