Topic: ONLY A FEW PEOPLE WITH THE MOST BITCOIN CONTROL THE MARKET - page 3. (Read 871 times)
I think that this is natural for any markets. That Bitcoin has big holders gives us hope that Bitcoin will live. When the big players sell their coins, then Bitcoin can collapse very much.
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
Manipulation is indeed in the Bitcoin scene. From the governments, banks, private institutions, and the like which are controlled by the Illuminati (known to be connected to the Rothschild's) it is undoubtedly possible that the market is highly manipulated. Having a massive amount of Bitcoin will certainly make major price movements. This is not a speculation. Common sense tells me this is what's going on.. Bitcoin price is still way overbought, but a lot of the people on here have a cult mentality. A lot of things have changed in the Bitcoin space. For instance, it cannot scale. It has failed in its mission. Nearly all the money in crypto is speculative money and as a result the price is reflecting that. R. I. P. Bitcoin.
First and foremost, I don't think I agree with you with regard to the idea that bitcoin has failed in its mission. Please, I will kindly advice that you should spend some time and read through Bitcoin's whitepaper. This will give you some fair idea on the missions and visions of Bitcoin and blockchain technology. 
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
If you believe that happen, so you know what will you do. Keep believe price will up again when "that powerful people" want it to up. That is why no need to stressed out when bitcoin price fall like this. Let me see if I got this right. You’re saying that people holding the lions share of bitcoin are able to control bitcoin with buying and selling? That’s a stroke of genius dude! You should work for JPMorgan Chase or Goldman Sachs. LOL
Genius!
People are abandoning the ship and it makes it sink even faster! Anyone smart enough to read the signs understands the potential that BTC has. BTC is extremely volatile and it has been in the past as well! As someone mentioned above, no one was this sceptic when the price went up to 20k and it was also an extreme! People who invested in it should stick to it. The reverse will happen and all that story staring with R.I.P. BTC is a fairytale!
It is held by more whales than before. As the number of exchanges increases we will see less manipulation due to bitcoin being held in cold storage wallets instead of ready to dump accounts
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
I also believe that there are only a few people/groups who holds the most bitcoins and that they can somehow influence the direction of the market. But I do not think they are entirely responsible for the price going down, I would rather put the blame on panic sellers.
circulating about the large number of market manipulations carried out by some of the strongest people who made the btc prices decline. So that many people believe in that, then sell their btc and they are forced to leave crypto.
Well if you have the capability and the means to move the market to your advantage then why wouldn't you right? Many btc holders are easy prey for these manpulators especially those that are new to it and that gives them more power.
circulating about the large number of market manipulations carried out by some of the strongest people who made the btc prices decline. So that many people believe in that, then sell their btc and they are forced to leave crypto.
if you want to make money in this market, then invest only in the long term and you will be very good
I believe the crypto market, is heavily manipulated, I'm of the opinion that only a few very powerful people or government, now HODL the most Bitcoin, And are responsible for where the price goes and as a result the entire market is under choas. Is this even possible? I think it is, what's your own opinion?
These the people called Whales. Their actions and inactions most times dictate the direction of Bitcoin price in the market. This is what differentiate who is who in the cryptospace.
yes, we get market manipulation from the whales, and some FUDs, but that will never make BTC die.
many people are disappointed with the market today, but some are still holding on, with the hope that BTC can give a profit for them to reach more than 20K.
many people are disappointed with the market today, but some are still holding on, with the hope that BTC can give a profit for them to reach more than 20K.
This is something interesting. It is general misconception that if whales start selling off their Bitcoins, price will fall drastically and ultimately it will become zero and Bitcoin will come to an end. However, it is quite impossible. Why? The reason is simple, although prices are falling, volume remains the same. One of the best characteristic of Bitcoin is that its supply cannot be reduced easily (yeah, it is possible if private key is lost but that's quite rare).
So when someone selling off their Bitcoins, it doesn't mean Bitcoin is reducing and going off the market but it only leads to change in composition of Bitcoin Holders. If Mr. X has 20% of Bitcoin Supply today and he sold his Bitcoins to Mr. Y and Mr. Z equally, it means Y and Z are now the whales of future and can manipulate and revive prices in future. Bitcoin will never come to an end, that's guaranteed.
It's the same as 9 people are controlling whole world economy - commercial banks owners.
It's the same as 9 people are controlling whole world economy - commercial banks owners.
my opinion is, use only the idle cash, wait up for few years - simple.
waiting a few years is very boring, I better take a little profit and buy it back in a deep decline, this method is quite effective in facing the current market
Yes, that's partially true, but the market movements depend more on ordinary buyers that could either sell or hold and prolong the bear market:) As long as whales' bags are not filled, the bear market continues.
I think this time i have "0" opinion on this matter. Because today i am not sure of anything. The bitcoin and the cryptocurrency crush hasn't stoped and don't know what to say and who to believe right now. If someone asks me the bitcoin price can get back to $20k? And i would answer yes! But someone asks me the BTC price arrive $100? And i would answer yes too! So there is nothing to left for believe and it is not good..
my opinion is, use only the idle cash, wait up for few years - simple.
In my observation with the crypto market, I think that the people selling or dumping their btc could be one of the contributors of the market dip. I believe that the btc supply in the current situation is high and there is less demand of btc due to the market dip. I also believe that manipulators plays also as part of the contributor in the market crash that is happening now.
With the recent crashes that happened lately, I doubt that they still have that much control within the market. There's simply a lot of coins that were offloaded in the market recently and there doesn't seem to be any buying that has happened over the past few days. Whipe the topic of manipulation is always discussed here, it's also fair to say that when people dump, the control or grip also weakens, suggesting a more fluid and organic market movement at that short span of time. Long-term, with many more players involved in the market, manipulation would gradually fade, and big-time market players hopefully would be erased from the bitcoin market.
Jump to: