When you see a huge drop in a coins price, people will sometimes blame it on whales that are dumping on the market. Whales are people or possibly a group of people working together to hold a large percentage of that coin and can use this to their advantage to manipulate the price of a coin to the desired price. Typically when this occurs "weak hands" will start panic selling so they can buy back into the coin at a cheaper price. Not always does his tacit work in the whales favor.
Topic: Market manipulation - page 5. (Read 914 times)
Back in 2017 it was published that certain powers will crack down on cryptocurrency in 2018. Comments by institutional representatives like "oh there just kids playing in the sand box. They'll lose interest soon." leave some wondering what they meant by these statements. Some say that the moment BTC Futures came online, the market just started tanking, and never really stopped. The double, or is it triple dip that happened here in mid Sept seemed odd to many. Commentators claimed that "unusual market activity" occurred just before it tanked. Many chalked it up to a decision by Goldman Sachs but do their choices really matter THAT much to average traders? Do you feel this market just flows naturally and it's just weak hands throwing money into the wind again and again? Or do you feel that there is a more sinister hand at work here?
A lot of factors continues to affect the price of BITCOIN. I believe there are market manipulations. sometimes you just see an unsual pump in a price over a month, things like this are due to games from the big market players. Likewise dump in price. Some set of big players are actually running the market and there market drive is a great factor.
Manipulation is different. However, they are all due to the lack of liquidity of the market. Manipulator can be anyone who has a certain "power". Under the word "power", I mean a certain amount of money and the opportunity to lead people.
Here is a classic example: a currency pair of the CVCBTC (on Bittrex) where we clearly see that there is a large limit player on the market, and we clearly see where it enters and where it goes.
http://prntscr.com/ks5hey
Here is a classic example: a currency pair of the CVCBTC (on Bittrex) where we clearly see that there is a large limit player on the market, and we clearly see where it enters and where it goes.
http://prntscr.com/ks5hey
That is becoming normal situation here in cryptocurrency and we cannot change the fact that there are manipulators of the price and those are the big companies or the wealthy person, but one thing we should do is to keep on holding on and just continue to invest as much as possible.
I can see that the majority of voters thinks the market is being pretty manipulated, but I still can't imagine how that might be possible. Btc's and eth's daily trading volumes are more than a billion of dollars. Moreover, there is no centralization of this trading on some couple of exchanges; the trading is dispersed into tons of them. How could anyone possibly manipulate such a strong, expensive and decentralized market? What I do believe is that what affects this market most is simply texts. News on popular websites like cointelegraph can change the weather really hard. To me it means that there are simply many investors who don't really trust in cryptocurrencies, but are trying to profit. They sell every time there's a risk to lose anything, because they don't care about the ecosystem at all, it's just business to them. They probably profit from there cycles that go from $6k to $7k pretty often lately.
I strongly believe cryptocurrencies can be manipulated and that is because every market can be manipulated! We did not have any soundproof system from manipulation and many investors that has big capital has severally manipulate the market.
Everywhere we go there is always manipulation and probably that was happening now in the market.
They called whales trying to manipulate the market and make the weak holder into the panic seller, in that case, many whales are happy now since the market has experienced in a deep price.
They called whales trying to manipulate the market and make the weak holder into the panic seller, in that case, many whales are happy now since the market has experienced in a deep price.
This world is always under control some powerful people take those controls over others so it happens to the crypto market as well who holds that large enough funds to manipulate the prices were actually doing it because lot of times we can see sharp dumps and bumps shich is considered as the whales action but we also can use them to make money just understand their intention and act according to that to make money.
Do you feel this market just flows naturally and it's just weak hands throwing money into the wind again and again? Or do you feel that there is a more sinister hand at work here?
There's nothing natural or organic about the recent dump. IMO it was clearly an attempt by the whales to trigger a new round of panic selling so that other whales can buy cheap. Fortunately, they couldn't crash the price below the support level (6k), so I doubt they've accomplished what they wanted in the first place. Although, I wouldn't be surprised if some weak hands decided to dump as well taking the price further down, hopefully, we got rid of them during the last drop. 
Market manipulation is happening because cryptocurrency in general is at its infancy stage at this moment and since crypto is not known to most of the people in the world, there is a small amount of money being invested into it and as a result, various institutions can manipulate it anytime they want.
If we will see the sudden dip few days ago, I believe that is one example of how the market is being manipulated now. When the post about the Goldman Sachs abandoning its plans to open a cryptocurrency trading desk is posted, bitcoin suddenly drops instantly (almost around 700-900$ drop in just one day). Days after that they posted that this news is a fake news and not it is starting to rise again.
Anyway, market manipulation will be there and I think it will never be prevented unless more money will be invested into cryptocurrency.
If we will see the sudden dip few days ago, I believe that is one example of how the market is being manipulated now. When the post about the Goldman Sachs abandoning its plans to open a cryptocurrency trading desk is posted, bitcoin suddenly drops instantly (almost around 700-900$ drop in just one day). Days after that they posted that this news is a fake news and not it is starting to rise again.
Anyway, market manipulation will be there and I think it will never be prevented unless more money will be invested into cryptocurrency.
I think it is not about market manipulation anymore. It is about people's foolishness! One someone popular saif negative about Bitcoin, people will usually sell their coins without doing some research if the statement of that popular person is true. People tend to idolize other people who achieved something that they didn't.
Nope,
it is totally manipulation with a little bit of foolishness inside it.
the price won't make that kind of movement if nobody did that,and it also won't make that kind of movement without people's greed and foolishness.
usually an idiot won't make any movement because they are too hesitant to do something,but once someone triggering them.
they will make a move based on that signal.
so of course it's all about manipulation.
I think it is not about market manipulation anymore. It is about people's foolishness! One someone popular saif negative about Bitcoin, people will usually sell their coins without doing some research if the statement of that popular person is true. People tend to idolize other people who achieved something that they didn't.
I think that bitcoin and the whole crypto was invented and created for manipulating and managing the population. To do this, advertising crypto as a decentralized currency that can not be traced.
But it can be traced and you usually can't sell it without KYC, although I'm sure there are ways. If it was created to control the population, it seems, they would have made a greater number of coins than 21 mill possible. Also, it has the potential to bypass and render the banking system obsolete. Now with DAG technology coins like Travelflex TRF have transfer times of around 30 seconds total. Banks take days. So if it was created by a branch of the government then they were attempting to oust the banking system as well. I don't really see how bitcoin controls the population. 100%, futures was the beginning of it because it gave another channel for manipulation. I'm not sure it's so much for profit but perhaps just to subdue bitcoin, the chief of the futures exchange said that they would kill volatility in bitcoin and that seems to be what's happening.
Well maybe that's a good thing if we are to expect BTC to be a currency. Who would buy a pizza with BTC if they could get it for half price next week? So if that's to be the case, then let's thank them.
I think that bitcoin and the whole crypto was invented and created for manipulating and managing the population. To do this, advertising crypto as a decentralized currency that can not be traced.
100%, futures was the beginning of it because it gave another channel for manipulation. I'm not sure it's so much for profit but perhaps just to subdue bitcoin, the chief of the futures exchange said that they would kill volatility in bitcoin and that seems to be what's happening.
I would say quite a bit. There is absolutely no market that is not manipulated in some way, it is just the level of manipulation that differs. For the fact that this is an unregulated environment and a decentralized one, it makes it quite prone to being manipulated. It is probably a way for the whales to keep getting richer and richer, at the expense of the weak hands.
For sure i believe that there are created by some whale that want to other people will FOMO so they can gain some profit. And because the manipulation like pump and dump is not illegal at crypto market. Like yesterday i have seen there is some coin that gain rapidly maybe pump if i don't forget until 150% but only in 1 exchange in another exchange it doesn't pump. Whales only want to get profit with it. And you can see at Coinmarketcap if there any manipulation the price will be tag with *** this mean" *** Price/Volume Excluded - Outlier Detected". So if we know that market being manipulated we shouldn't FOMO. Just analysis market by your own if not you will be eat by Whales
I hear this reasoning the most often. That it's to pump and dump. But I don't see a whole lot of pumping. I just see random dumping before the market has a chance to regain. There was plenty of pump and dumps going on in 2017 so what's the big difference? Has anyone considered that they may be buying BTC over the counter and then dumping it on the open market, yes incurring a loss but maybe as a long term investment in trying to kill crypto. Sort of like killing the competition?
For sure i believe that there are created by some whale that want to other people will FOMO so they can gain some profit. And because the manipulation like pump and dump is not illegal at crypto market. Like yesterday i have seen there is some coin that gain rapidly maybe pump if i don't forget until 150% but only in 1 exchange in another exchange it doesn't pump. Whales only want to get profit with it. And you can see at coinmarketcap if there any manipulation the price will be tag with *** this mean" *** Price/Volume Excluded - Outlier Detected".So if we know that market being manipulated we shouldn't FOMO. Just analysis market by your own if not you will be eat by Whales
This is a possibility with the way things are going with the market. Series of gains and declines, with sharp turns in just a matter of time. But, it is difficult to prove if there's price manipulation. For sure there are bigger investors out in the market. These investors alone has the capability to affect the price somehow.
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