Topic: ONLY A FEW PEOPLE WITH THE MOST BITCOIN CONTROL THE MARKET - page 2. (Read 883 times)

I partly agree with the post, but I am not observing it as a bad thing. I do not believe that governments or freemasons are behind it, but it is completely reasonable to me that there is a large group of people holding a majority of BTC. And they came here first and risked the most because they invested when the BTC was not as popular, expensive and significant as it is today. Supply and demand, simple as that. I do not believe in any conspiracy theory or that a few people have master plan and that the price was artificially and deliberately dropped.

Although the world of crypto is fully backed by the decentralized blockchain technology, I honestly believe that the few people with large amount of bitcoin controls the market since they have the power to do so. So basically, it seems we have some sort of regulators who decides how the market should go.

Maybe yes, but if the other people who hold or have bitcoin shouldn't sell for such low price when they see the market going down. And yes is possible the price being manipulanted, but not only a small group have enough bitcoin to manipulate 100% whole market.

It is fact that when you hold major stakes you can change the market through market forces and this happen in every industry if a company has major shares like 51% the have majority rights for selecting board of directors and they make company big decisions so this is also in the case of bitcoin too big whales can change the market situations and they should work for now to recover bitcoin and other coins for a good and healthy future.

The advantage of whales are manipulating the market based upon their bias. Small investors are forced to sell their bitcoin because they are afraid to lose a lot. This is possible! Market manipulation is what i see also. Just more pace, we will see how it will rise again. It will move up once other whales will buy the bottom price.

Yes i believe the market were controlled by whales and i believe too when bitcoin price was very high a year ago they were pump it too and when the price dump they also spreading FUD which makes people panic and dump their coins and this is why some of government in the world says crypto market were fully of manipulations

Well I guess miners have different action regarding their mined Bitcoin, and of course Miners have the most since they are the first hand owner of Bitcoin that had been circulating in the market.  Though I believe, there are groups of individual that is knowledgeable on playing the market.  They have the capability to spread news whether it is for hyping or FUD'ing, they also have funds for fake market volume. though I guess Bitcoin is greatly distributed now than before, and besides, manipulation of market had been there ever since so there is nothing new about it.  The thing here is how can we (small timer) ride with the whales.

Walls on the market is a big influence of down and up trends.
Walls are created by the whales to get more tokens or sell high in the market.
That is the reality of this cryptocurrency!

I'm not sure if whales really do manipulate Bitcoin but I can say that there's a group that does play a huge role in price and those are miners. Miners probably have the most Bitcoin when combined and when they are influenced by something, then a price movement would sure to happen.

I am not of that Ideology that it is only a certain group of people that are manipulating the market. Instead of complaining there is an opportunity now for everyone to buy as many as. This dip in price is about to create another set of whales.

I partly agree with your post of the course bitcoin market is manipulated to some extent. Nothing really has to do for this kind of situation but the most important thing is we should keep patient and hold our coins to make them profitable for a certain time.

It still a long run and there is no limit for bitcoin to prove itself it doesnt even need to prove itself.

For the OP, it is not impossible that whales can control the price but NOT in this big loss moments it is not about the whales its about the FUDs and also about the people who dont really trust BTC and sell their BTC on lower price because they panic.

But you need to understand that bots still needs human right? But it makes them easier to manipulate the price by just pushing for a big sell order or dump everything if the price goes to this level. Right now we have seen the price pushed to $4k, a bear trap? manipulation again? I speculate yes, this pattern keeps on repeating so for me, their really manipulation by someone behind to gain huge profit again from newbie traders.

About Bitcoin price manipulated a lot of information has been written on the websites of specialists in Bitcoin and Cryptocurrencies. Are all these information true? Probably yes. Some refer to fake orders to trick traders into buying and selling. As well as cryptocurrency trading bots are manipulating the bitcoin price.
but how is it possible? If to create an account on an exchange platform we must pass anti-bot and KYC tests.

https://www.ccn.com/bitcoin-price-manipulated-by-cryptocurrency-trading-bots-wsj/

In my opinion, not only a few but very many whales, their manipulation has a big influence on the crypto market, in a market situation like now we can only hold it waiting for prices to return to normal, because selling it now will only make us lose big and worsen the market .

Yes your sentiment is basically 100% accurate.
makes you wonder why people are so surprised with market manipulation.

This is a good viewpoint. Seems to be typical human behaviour, I suppose- especially in the markets. When people are making money during bull runs and the market is euphoric, prices rise. Nobody complains, skepticism is at an all time low. Essentially, people are blindsided by the positivity and exponential increase in price, making it hard to even think that manipulation is occurring or is possible. Seems the opposite is true when markets are hitting their lows, people finally become skeptical, concerned, and weary. Again- typical human behaviour, and is why being emotional and trying to participate in markets strictly for investment and trading purposes is a match made in hell.


Agreed and agreed. Although there's a real supply and demand model to Bitcoin, this relates strictly to the price of the cryptocurrency. The fundamentals cannot be bought nor sold, meaning that even the wealthiest of buyers- while currently able to purchase large amounts of Bitcoin and move the market in ways, will hopefully become less of an issue in some years, when the technology is more advanced and adopted, with millions of people owning Bitcoin. The manipulations, which of course are apparent here and there, are sort of a short term issue in the grand scheme of things. Bitcoin's a volatile asset, and hopefully this will become less of an issue if it becomes widely "adopted."

If your saying is true, i don't know why they have to drive the price going down. Can you give me some reasons for that?

"control" is a big word, and "a few" is an exaggeration too.

there are whales and there are manipulators who have large amounts of bitcoin that can affect the price quite a lot but they don't control the bitcoin market. if they really controlled it then they wouldn't feel the need to spread so much FUD on the internet to make others act. it shows their lack of control that they have to force others into selling if they want the price to drop for example.

things are very different with altcoins though. because distribution of coins is unfair for most of them and majority of them have such small markets that you can easily have full control over with a small amount of money and there aren't that many traders in most coins to oppose you either.

Could be true. But the problem is that we don't know this whales, and remember this is a free market and they can do whatever they want without any consequences.


However, they're just part of the equation. Maybe there are people who wanted to sell because they needed funds for whatever reasons so they obviously wanted to sell. Or investors who became impatience of the Bakkt offering, or the Van Eck/Solid X ETF that why they sold to at least break even in this bear market.