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Topic: Real market manipulation (Read 366 times)

member
Activity: 630
Merit: 20
August 11, 2019, 07:39:47 AM
#31
We are all aware that whales existed in the crypto market. In fact, I have seen that so many times. And they really manipulate the market like they are the king of crypto space lol. And the reality is that, we can not see them coming, manipulating the whole trades. How many times did I lose because of the whales? Many times already but now I can managed since stop loss is very useful. We can't really predict when whales messed up our trades, that's the reality.
legendary
Activity: 2170
Merit: 1427
August 11, 2019, 11:00:39 AM
#28
But you can't blame newbies who FOMO, afterall all, they are just starting their career here. And once they got to see how manipulation works first hand, they are going to be mentally tough and not just panic and liquidate their funds and be intimidated.

When I first started my journey here, hmm, I don't know that there are whales and there are a lot of fraudulent practice behind until I read some article. So I try to learn everything and not be swayed by FOMO or FUD around.

Fomo isn't just related to newbies. It might be more common amongst noobs, but that's about it.

I know enough well experienced traders that do fall for it, and I have been into fomo stages as well, and I can't say beforehand that it won't ever happen again. I'm fairly sure that the odds of it to happen again are higher than the odds of it to not happen.

Market psychology is something people severely underestimate. If you for example had a bad day before your tranding session, you are more likely to make an irrational decision, and so there are many more underlying causes that may lead to irrational decisions. Don't ever assume that you have made it and understand the market. You learn every single day, and I'm happy to read that you're open to it.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
August 11, 2019, 06:21:34 AM
#27
Cool story. May I ask what specific law was violated when you claimed that it's highly illegal? I have seen it happen on multiple exchanges before. It's bad for you if you were not able to take advantage of the temporary pump, it's good if you were able to take profits from that.

I can't really blame any trader who don't see dump or pump coming. It has happened several times in my eyes that a dump was coming but I couldn't see it only to realize the next day, it was a pump. So unfortunate for anyone to experience this too.
The most painful part of it is when you see that pump occur over night while you are sleeping and before you wake up, you only see it in the news because it had already dump. Has that ever happened to you? My problem is not even with the pump and dump, to me, I cannot cheat nature and I dint know why bitcoin price is always rising at night in my country, so many opportunities that I have missed because of the night factor, now what I do is to set automatic trade down.

For the money I am using to trade on short term, I just set my stop loss and take profit, and then leave it to the system to do the rest, though even at that, I cannot always get all the high pump since we have to be very careful not to be greedy also, if I am greedy and set high value, it would still not be different from me trading manually and still missing out at night.
newbie
Activity: 22
Merit: 0
August 11, 2019, 12:57:06 AM
#26
Its always been like this, but what if you can monitor the moves from the whales?  Smiley
legendary
Activity: 2576
Merit: 1655
August 10, 2019, 10:10:42 AM
#25
This is not new and its always happening. What you were saying is true. Manipulators do this in order to benefit with it and almost all of the members here are get used to it. We even ride on their doings to earn. This is how the market works. Trade smart or loss.

.. snip..

Very well, the only person who panics and perform FOMO are mostly newbies because they are afraid they might loss if they won’t take advantage of it, being smart in trading is a must for you not to loss and don’t let the whales intimidate you instead ride with them.

But you can't blame newbies who FOMO, afterall all, they are just starting their career here. And once they got to see how manipulation works first hand, they are going to be mentally tough and not just panic and liquidate their funds and be intimidated.

When I first started my journey here, hmm, I don't know that there are whales and there are a lot of fraudulent practice behind until I read some article. So I try to learn everything and not be swayed by FOMO or FUD around.
sr. member
Activity: 980
Merit: 261
August 10, 2019, 09:45:22 AM
#24
Maybe if you are one of those whales you will also do the same because you had the ability to do it and by doing it you are able to earn that is why you wont look into the small people because you are manipulating due to being the beneficiary of your actions. This is not new specially in this industry that those whales has the ability to manipulate the market.
member
Activity: 868
Merit: 15
August 10, 2019, 07:43:31 AM
#23
Very well, the only person who panics and perform FOMO are mostly newbies because they are afraid they might loss if they won’t take advantage of it, being smart in trading is a must for you not to loss and don’t let the whales intimidate you instead ride with them.

New trader may have likely hesitated most off time because of newbies always thinking always profited market manipulated every time every news every Fomo, Conflicts here Many boroughs act as a problem If you work slowly or think many problems will be solved, they serve as a kind of disorder.
full member
Activity: 1316
Merit: 126
August 10, 2019, 06:25:03 AM
#22
This is not new and its always happening. What you were saying is true. Manipulators do this in order to benefit with it and almost all of the members here are get used to it. We even ride on their doings to earn. This is how the market works. Trade smart or loss.



Very well, the only person who panics and perform FOMO are mostly newbies because they are afraid they might loss if they won’t take advantage of it, being smart in trading is a must for you not to loss and don’t let the whales intimidate you instead ride with them.
legendary
Activity: 2450
Merit: 1047
August 10, 2019, 04:01:18 AM
#21
Have you witnessed price manipulation in action?
It's no myth...
And if you're not careful, you could get caught with your pants down.
 
Giants in the playground, practiced in the art of weaponizing their wealth.
Throwing around more money than most can imagine.
 
The first time I watched this in real time, I had no idea what was happening.
 
Unbelievably massive orders were getting placed... removed… and then replaced instantly.
Trades were executing so fast there was no way I could keep up with what was happening.
Price swinging up and down wildly.
 
It seemed so chaotic... disorganized.
In reality the opposite was true - it was exactly as designed.
 
Each part of that situation was beautifully choreographed, like a violent ballet.
Every action deliberate in its goal to get an emotional response.
 
And it works.
Of course it works, they wouldn't do it otherwise.
It is highly illegal, after all.
 
Not understanding what was happening in that situation was dangerous.
This time the goal emotional response was FOMO - the Fear Of Missing Out.
The market manipulator was encouraging that emotion so that other traders would buy.
 
But this wasn't because the giant wanted the price to go up...
Instead... They were selling their bags and getting out.
Once they sold what they wanted to get rid off, they stopped holding the price up…
 
It crashed - fast.
All those people who bought emotionally... Staring at big losses.
 
Have you ever been caught holding the bag?


Manipulation always exist and will continue to exist as long as the market continues to be volatile and there's always a whale, and whales will not go vanish, because there will be always investors willing to take a risk investing a huge amount of money to buy coins that they can manipulate.
sr. member
Activity: 602
Merit: 252
August 10, 2019, 02:31:30 AM
#20


This pretty much sums up the topic of discussion simply because there has been plenty of occasions where the market of different tokens has been subjected to massive manipulation by so called 'whales'.

Not too long ago was a time when coins used to appear and disappear in a matter of weeks, all because of the 'pump and dump' schemes which still stand as the biggest example of market manipulation.
member
Activity: 1302
Merit: 25
August 09, 2019, 09:53:41 AM
#19
Cool story. May I ask what specific law was violated when you claimed that it's highly illegal? I have seen it happen on multiple exchanges before. It's bad for you if you were not able to take advantage of the temporary pump, it's good if you were able to take profits from that.

I can't really blame any trader who don't see dump or pump coming. It has happened several times in my eyes that a dump was coming but I couldn't see it only to realize the next day, it was a pump. So unfortunate for anyone to experience this too.
sr. member
Activity: 2422
Merit: 357
August 09, 2019, 08:40:17 AM
#18
This is not new and its always happening. What you were saying is true. Manipulators do this in order to benefit with it and almost all of the members here are get used to it. We even ride on their doings to earn. This is how the market works. Trade smart or loss.

legendary
Activity: 2338
Merit: 1124
August 08, 2019, 12:17:44 PM
#17
I bet you are talking about those who are too quick in investing in altcoins that they hear about without  making through investigation if the coin is going to be a pump and dump coin or not. Yes, manipulation does occur from time to time and you could see it clearly depending on exchange where it is being carried out and the particular hour for which you would be online when the trade is being made.

We need to take everything easy so that we don’t keep falling into the trap of these whales that are manipulating the market. Those whales manipulate the altcoins market more than they manipulate bitcoin, bitcoin is easier to follow the whales when they are making some moves, and you just have to learn. When you see people panic selling, that is when whales are accumulating and when you see fomo, which is when they are selling.
member
Activity: 893
Merit: 43
Random coins :)
August 08, 2019, 03:55:44 AM
#16
Not witnessed this manipulation happen but am thinking, when we are looking at a coins price on coingecko or coinmarketcap or anything similar....is this not a weighted average of different coin prices??

And how do the whales manage to push prices up, did they buy all small orders or they use their own accounts to generate these fake traders among themselves to give the picture of a bull market.
legendary
Activity: 1946
Merit: 1137
August 08, 2019, 03:27:58 AM
#15
be careful because it is so easy to confuse high market activity with manipulation. and based on your comment it seems like you might have actually confused the two together. there are times in the market that a very large number of trades take place in a very short amount of time. it doesn't mean that market is being manipulated, it just means there is more traders active at that time for some reason. the reason can be anything too, like breaking a certain resistance and their stop losses going off.

and by the way don't rely too much on big orders that bots keep placing and updating regularly a little deeper than the top order. those can never be an indicator of which direction the price would go.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 08, 2019, 01:41:57 AM
#14
Manipulation is already happening even before, that's why whales exist because it's their job is to manipulate the market for their benefit.
We can't eliminate their power since the adoption rate of bitcoin or crypto market is still very low, the solution is to increase this with real adoption so whales power to manipulate will also decrease.

At this moment, we have no option but to play their game.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
August 07, 2019, 12:34:39 PM
#13
Manipulation absolutely does happen in crypto, but you shouldn't solely be blaming this manipulation for whatever losses you might be getting in your trades; one thing I often see on sites like Bitmex is huge walls of 20-30 million contracts or more placed that often don't get filled. There's been a few times I've been stuck underwater (in the near past as well), but most of the time I set stops that prevent this, even if there is a bit of slippage as I tend to trade on Bitmex often.
hero member
Activity: 2730
Merit: 632
August 07, 2019, 12:23:46 PM
#12

Conclusion: They are both risking something. Which is a sign of a good market for me.
100% agree with this line.They are risking something even though most people do believe that whales are just simply manipulating without risking something big.
Manipulation on these kind of markets is inevitable even this exist already on traditional markets like forex and stocks so this stuff isn't really surprising at all.
legendary
Activity: 3122
Merit: 1398
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August 07, 2019, 10:29:20 AM
#11
The first time I watched this in real time, I had no idea what was happening.

Mind telling us:

-When?
-What are the coins involved?
-On what exchanges/trading platform?

Manipulations do really exist especially in altcoins and so-called low cap coins. That's already a part of the trading ecosystem and no way we can avoid it.

However, we can ride it with the proper timing and well backed-up strategy.
legendary
Activity: 2212
Merit: 1008
August 07, 2019, 08:22:30 AM
#10
Manipulation of this type exist in all markets including stocks and forex and that is why I agree with this saying that "The rich and those with huge capital markets more profits than loses " because they can turn the loses to profits through manipulation like the one you have given. The wise thing is to know when this manipulation is going on and when really traders are taking investments decision and invest on both sides by staying in the same directions.

Not really, rich people who have large capital are not fully able to manipulate the market. Those who are able to do that are only for those who can play roles, well the intention is to spread the FOMO and the FUD to encourage their manipulation.

If they only rely on order books, their manipulation will not succeed. Sometimes novice traders don't pay attention to order book, they are more active in the community or chatbox. There we will find many manipulators roaming, at least we must be able to control ourselves in such a market.
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