Sad to see such manipulations in this market.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: Odohu on October 17, 2023, 05:13:14 PM

Quote from: Oshosondy on October 17, 2023, 09:22:13 AM

Did you think there is manipulation in what that happened yesterday as the price of bitcoin increased from $27500 to $30000 and decreased back no quite long to $28500? Try to always know what is going on. There was a rumour yesterday that SEC has approved spot bitcoin ETF was the reason and after people knew it was not true, the market fell back.

I am also wondering how he concluded that it was a case of manipulation. Perhaps, he does not understand how market react to news (fundamental). Manipulation is actually possible and do happen but the event of yesterday was not what I know manipulation to be; the market was just responding to a supposed positive news.

If it was a manipulation, the price would have dumped so hard, far below where it started the rise. The few times I have seen something that look like market manipulation, it dumped so hard against the initial direction the impulse happened. By this, those who jumped into the initial move will be in deep red with little to no motivation to cut the huge loss.

It is not a supposed news, it is a fake news created for insider trading. Know your facts please.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: karabiber on October 17, 2023, 01:58:06 PM

The latest manipulation shows that they will do everything they can to not only drive people away from the market but to make sure they never return. What they forget is that manipulations don't cause price rockets anymore. We can see that people are becoming more aware of manipulation but the innocent masses are still suffering losses. Manipulation has always been the nature of this market.

Now we may see more manipulation to prepare the ground for regulation in these situations. After recent events, Gary Gensler could cite Cointelegraph's fake news and reject all ETF applications as proof of how easy it is to manipulate markets. Unfortunately, he is right. Let's hope this ridiculous incident doesn't bring the market to a dead end.

Hello,

You and Vispilio are the only people who actually read the thread and understand it; thank you for your reply; You explained what I actually meant and you and I have common fears on how this manipulation affects the future outcome of crypto. I am really sad that many people here lack the intelligence to see and accept some truth which is bad for our future. People are here to shitpost and give nonesense without even reading.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Do any of you read it correctly? This is my opinion and my opinion only. Even the sun knows that there is manipulation in the market; I wasn't shorting or anythin like any of you assumed; my thread doesn't say " I lost this and this amount shorting btc; fuck manipulators"; It is about the look on the news and outside; not a good view tbh; a important news portal cointelegraph made fake news and a rollbit account named cointelegraph opened a 50x long; etc. etc. I don't care about anyone who lost money or anything; I am sad at how big players crush small investors during these moves that's all. Still some responders saying "I am sorry about people shorting BTC". Sorry pal, just because you are bullish, doesn't mean Bitcoin is going to moon. It can go to 10.000 or 100.000 ; you are not a fortune telling genious. So many empty responds to this thread, I will lock it soon.

serjent05

legendary

Activity: 2842

Merit: 1253

Cashback 15%

Manipulation is normal in any trade. Those who have the influence or capability will always try this kind of method. So we should not be surprised and be used to it when someone makes a move to manipulate the market. It is a good thing to ride this kind of attempt since if successful we can get a better profit.

I believe yesterday's news is an act of manipulating the market. It would be impossible for a known news site to publish information without verifying it unless the author was paid to do such an act.

On the brighter side, the reaction of the market to the fake news of the SEC approving an ETF simply shows that when this ETF gets approved, we have a better chance of seeing the market uptrend.

JoyMarsha

sr. member

Activity: 812

Merit: 349

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top.

Should we feel sorry about those small investors who lost their money yesterday out of FOMO? Anybody who lost money yesterday will have themselves blamed for that.

My question to those people who bought at the top, what were they doing when the price of bitcoin was at $26k + days ago? what stopped them from investing by then? Why wait for positive news to happen first before investing in bitcoin? This is what I called some people as being ignorant of the fact that any amount one purchases bitcoin, is not a loss investment because the investment made in bitcoin will end up being a profit investment. it is just a matter of time and patience.

Vispilio

legendary

Activity: 2016

Merit: 1598

Quote from: karabiber on October 17, 2023, 01:58:06 PM

Now we may see more manipulation to prepare the ground for regulation in these situations. After recent events, Gary Gensler could cite Cointelegraph's fake news and reject all ETF applications as proof of how easy it is to manipulate markets. ...

The recent volatile activity will have virtually no effect on the SEC's decisions, and by comparison fiat markets are far more open to manipulation.

Also 10% daily move up or down in crypto is pretty commonplace, it's not a big deal even for most people trading with leverage, experienced operators know that getting margin called is part of the game, should they choose to engage in leveraged trading...

The only party that is genuinely at fault here is cointelegraph, which lost a lot of credibility after spreading the fake rumor...

South Park

hero member

Activity: 2856

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

Teta Eridanus

Even if I think the manipulation on this market is higher than what you can see in other markets which have been around for a longer period of time, there is really nothing we can do to prevent that kind of manipulation from happening and we can only control ourselves, then small traders and investors need to adjust their behavior and their strategies in order to avoid becoming victims of those manipulations, and the best way to do this is to avoid using leverage and become less reactive to the movements of the market.

Odohu

sr. member

Activity: 350

Merit: 335

Quote from: Oshosondy on October 17, 2023, 09:22:13 AM

Did you think there is manipulation in what that happened yesterday as the price of bitcoin increased from $27500 to $30000 and decreased back no quite long to $28500? Try to always know what is going on. There was a rumour yesterday that SEC has approved spot bitcoin ETF was the reason and after people knew it was not true, the market fell back.

I am also wondering how he concluded that it was a case of manipulation. Perhaps, he does not understand how market react to news (fundamental). Manipulation is actually possible and do happen but the event of yesterday was not what I know manipulation to be; the market was just responding to a supposed positive news.

If it was a manipulation, the price would have dumped so hard, far below where it started the rise. The few times I have seen something that look like market manipulation, it dumped so hard against the initial direction the impulse happened. By this, those who jumped into the initial move will be in deep red with little to no motivation to cut the huge loss.

hatshepsut93

legendary

Activity: 2954

Merit: 2145

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

No one outside of Bitcoin community is even going to notice a 10% price increase or decrease. The sort of bad reputation of Bitcoin comes from the bull/bear cycles, because some people win big and those who buy at the top lose big. Such unpredictable volatility goes against the principles of investing that investing should be a calculated and known risk. With Bitcoin no one knows when a bull market starts or when it ends.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

Teta Eridanus

Don't blame others for something that carries a high risk of losing money. You must be prepared for all the consequences that occur in the market and may have to be prepared to lose everything after you consider the risks. In fact futures trading should be avoided as much as possible by anyone who cannot accept the risks, not just low-budget investors.

Many people are so greedy about futures trading, it seems like they can make them rich faster. If you really don't want to lose your money, then stay away from futures trading even with low leverage. Start investing even though I may never be worthy of advising you.

karabiber

hero member

Activity: 1316

Merit: 623

The latest manipulation shows that they will do everything they can to not only drive people away from the market but to make sure they never return. What they forget is that manipulations don't cause price rockets anymore. We can see that people are becoming more aware of manipulation but the innocent masses are still suffering losses. Manipulation has always been the nature of this market.

Now we may see more manipulation to prepare the ground for regulation in these situations. After recent events, Gary Gensler could cite Cointelegraph's fake news and reject all ETF applications as proof of how easy it is to manipulate markets. Unfortunately, he is right. Let's hope this ridiculous incident doesn't bring the market to a dead end.

pixie85

hero member

Activity: 2128

Merit: 524

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top.

That's what you get for shorting bitcoin. I don't feel for anybody who shorts it, especially with leverage. The sheep got sheared and I can only hope you weren't among them.

If you were, learn that trading with leverage on crypto casinos like Bitmex is gambling. When you gamble you can expect to lose it all.
What if the ETF was really approved and you had a leveraged short position? You'd get destroyed too!

Quote

I believe this is a %100 manipulation

So sue the manipulators who spread the news. I wasn't affected because I don't short bitcoin and I don't trade on leverage and I don't care if it was fake news or not.

Quote

I also believe BTC will go back to 26.500 range soon.

That's because you're not a bitcoiner but a player who likes to bet short on crypto casinos.
I believe bitcoin will go to 30000 soon and I'm happy with the recent 27-20 thousand move.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: rhomelmabini on October 17, 2023, 01:05:49 PM

Quote from: tetaeridanus on October 17, 2023, 11:32:51 AM

Quote from: rhomelmabini on October 17, 2023, 11:15:27 AM

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

I guess that cointelegraph said was true and they just hidden it by now, whoever posted that tweet might have been scolded or worst fired. Manipulation is present anywhere else and what more to just an emerging market? The market reacted simply and what more if that news was indeed true, it could be a parabolic run considering a lot of people are expecting as well that spot Bitcoin ETF especially in the US. I don't think that fake news was to see it as scam, it has long been know that manipulation and volatility around Bitcoin is always present considering it's not regulated fully.

Creating fake news and insider trading is a fraudalent behavior; not entitled to opinions unlike the poster who tried to turn the topic into my own life struggles; I won't be replying that type of posters from now on; If I did I would go as the same level of intelligence and humanity.

And if they were to be investigated for that fraudulent behavior then I'll be happy for that, but what I'm emphasizing is that these large players will continue to manipulate even not in this market. Not gonna comment on that but as I see it, they're just having their own opinions which may totally not matter if I may asked.

They don't have opinions they are just keyboard warriors who worth nothing to me. Boasting with their rank and they think they can bully; I won't answer. Both talking offtopic shows their adulthood.

rhomelmabini

hero member

Activity: 2002

Merit: 578

Quote from: tetaeridanus on October 17, 2023, 11:32:51 AM

Quote from: rhomelmabini on October 17, 2023, 11:15:27 AM

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

I guess that cointelegraph said was true and they just hidden it by now, whoever posted that tweet might have been scolded or worst fired. Manipulation is present anywhere else and what more to just an emerging market? The market reacted simply and what more if that news was indeed true, it could be a parabolic run considering a lot of people are expecting as well that spot Bitcoin ETF especially in the US. I don't think that fake news was to see it as scam, it has long been know that manipulation and volatility around Bitcoin is always present considering it's not regulated fully.

Creating fake news and insider trading is a fraudalent behavior; not entitled to opinions unlike the poster who tried to turn the topic into my own life struggles; I won't be replying that type of posters from now on; If I did I would go as the same level of intelligence and humanity.

And if they were to be investigated for that fraudulent behavior then I'll be happy for that, but what I'm emphasizing is that these large players will continue to manipulate even not in this market. Not gonna comment on that but as I see it, they're just having their own opinions which may totally not matter if I may asked.

danadc

sr. member

Activity: 910

Merit: 290

I don't think that the manipulation is on their part, I think that the market is very big as you can see that only there is where it is manipulated, I think that the manipulations occur and sometimes we don't even notice, because they do it at a such a high level that they are only seen in the news, and everything related to what they make us believe. Could it be that your theory about the Dex is true, but the truth is I don't see it that way, this goes much further, for My big whales are those that do their part and those that have a lot of money like the institutions, but that's just where I don't see the events going, because there is too much money at stake.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: rhomelmabini on October 17, 2023, 11:15:27 AM

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

I guess that cointelegraph said was true and they just hidden it by now, whoever posted that tweet might have been scolded or worst fired. Manipulation is present anywhere else and what more to just an emerging market? The market reacted simply and what more if that news was indeed true, it could be a parabolic run considering a lot of people are expecting as well that spot Bitcoin ETF especially in the US. I don't think that fake news was to see it as scam, it has long been know that manipulation and volatility around Bitcoin is always present considering it's not regulated fully.

Creating fake news and insider trading is a fraudalent behavior; not entitled to opinions unlike the poster who tried to turn the topic into my own life struggles; I won't be replying that type of posters from now on; If I did I would go as the same level of intelligence and humanity.

Quote from: stompix on October 17, 2023, 10:13:06 AM

Quote from: Don Pedro Dinero on October 17, 2023, 09:59:08 AM

Quote from: stompix on October 17, 2023, 09:53:24 AM

~

Especially small investors who exclude themselves from the casinos, do whatever it takes to keep betting, and when they can no longer find a way to bet in the casinos, they move on to betting short on the crypto market, because they can't exclude themselves from that one.

Oh my bad, I should have known, it's always like this, I'm even afraid to check posting histories anymore, the one starting a topic on giving advice is in deeper trouble than any of us! So, seeing this:

Quote from: tetaeridanus on October 17, 2023, 09:57:50 AM

I'm not a small player if you are asking my friend.

Yeah, you're right, you know how we call someone who borrows money from loan sharks and loses it all in a day? Big ~~player~~

I would give an answer to this; won't be bothering.

Quote from: Oshosondy on October 17, 2023, 09:22:13 AM

Did you think there is manipulation in what that happened yesterday as the price of bitcoin increased from $27500 to $30000 and decreased back no quite long to $28500? Try to always know what is going on. There was a rumour yesterday that SEC has approved spot bitcoin ETF was the reason and after people knew it was not true, the market fell back.

No there wasn't a rumour; there was a fake news created.

[moderator's note: consecutive posts merged]

rhomelmabini

hero member

Activity: 2002

Merit: 578

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

I guess that cointelegraph said was true and they just hidden it by now, whoever posted that tweet might have been scolded or worst fired. Manipulation is present anywhere else and what more to just an emerging market? The market reacted simply and what more if that news was indeed true, it could be a parabolic run considering a lot of people are expecting as well that spot Bitcoin ETF especially in the US. I don't think that fake news was to see it as scam, it has long been know that manipulation and volatility around Bitcoin is always present considering it's not regulated fully.

YOSHIE

legendary

Activity: 2086

Merit: 1759

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top.

In my opinion, these investors are easily influenced psychologically by other people, so that they lose in calculating the spot trades they make, My current assessment is that the crypto market is not friendly, so be careful of market manipulation or behavior carried out by irresponsible people.

Try to make your own speculation on Bitcoin and the current crypto market, ignoring all the tempting questions and profits, which in the end we can lose and be miserable, The current crypto situation is a little difficult to say for real, whoever is involved in the crypto world, the decision is up to them, said one Bitcoin expert.

Predictions & Speculation are currently a mess, maybe if you look more outside of Predictions & Speculation, you could say it's crazy, it will take the next 10-20 years for Bitcoin's development, but it has been predicted that next year's level will be so and so, it's not something that can't happen, but thinking logically and with common sense, everything is not as easy as turning the palm of your hand.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: bittraffic on October 17, 2023, 10:16:22 AM

Bears were liquidated in the leverage market. At some point, I think the fake news did something good so that these bears will learn lessons. If there is anything like this happening and it's still fake news, everyone in the leverage market should really wait for confirmation before taking action.

Cointelegraph was already sorry for the post about it without verifying the source. https://cointelegraph.com/news/clarification-sharing-false-spot-bitcoin-etf-news
It was well timed though that people were expecting something like the approval of it while the SEC didn't appeal.
A bit fun to watch and the price is actually staying at $28k so it actually did a good pump.

Thanks for your nice reply sir.

bittraffic

hero member

Activity: 2870

Merit: 612

Bears were liquidated in the leverage market. At some point, I think the fake news did something good so that these bears will learn lessons. If there is anything like this happening and it's still fake news, everyone in the leverage market should really wait for confirmation before taking action.

Cointelegraph was already sorry for the post about it without verifying the source. https://cointelegraph.com/news/clarification-sharing-false-spot-bitcoin-etf-news
It was well timed though that people were expecting something like the approval of it while the SEC didn't appeal.
A bit fun to watch and the price is actually staying at $28k so it actually did a good pump.

stompix

legendary

Activity: 2828

Merit: 6108

Jambler.io

Quote from: Don Pedro Dinero on October 17, 2023, 09:59:08 AM

Quote from: stompix on October 17, 2023, 09:53:24 AM

~

Especially small investors who exclude themselves from the casinos, do whatever it takes to keep betting, and when they can no longer find a way to bet in the casinos, they move on to betting short on the crypto market, because they can't exclude themselves from that one.

Oh my bad, I should have known, it's always like this, I'm even afraid to check posting histories anymore, the one starting a topic on giving advice is in deeper trouble than any of us! So, seeing this:

Quote from: tetaeridanus on October 17, 2023, 09:57:50 AM

I'm not a small player if you are asking my friend.

Yeah, you're right, you know how we call someone who borrows money from loan sharks and loses it all in a day? Big ~~player~~

Don Pedro Dinero

legendary

Activity: 1288

Merit: 1491

The first decentralized crypto betting platform

Quote from: stompix on October 17, 2023, 09:53:24 AM

Small investors should stop playing with leverage and reacting to any FOMO trend.
If you're playing with your lunch money better go and buy food with it, not risk it in a volatile market!

Especially small investors who exclude themselves from the casinos, do whatever it takes to keep betting, and when they can no longer find a way to bet in the casinos, they move on to betting short on the crypto market, because they can't exclude themselves from that one.

Quote from: stompix on October 17, 2023, 09:53:24 AM

And not just them, but everyone should stop blaming everyone else but themselves for these losses

The OP knows a lot about that.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

Quote from: stompix on October 17, 2023, 09:53:24 AM

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

Small investors lost a lot of money yesterday on leverage or buying spot at top.

Small investors should stop playing with leverage and reacting to any FOMO trend.
If you're playing with your lunch money better go and buy food with it, not risk it in a volatile market!

And not just them, but everyone should stop blaming everyone else but themselves for these losses

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later.

Ironically you're the one here spreading rumours about manipulation and painting a bad image of BTC

I'm not a small player if you are asking my friend.

stompix

legendary

Activity: 2828

Merit: 6108

Jambler.io

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

Small investors lost a lot of money yesterday on leverage or buying spot at top.

Small investors should stop playing with leverage and reacting to any FOMO trend.
If you're playing with your lunch money better go and buy food with it, not risk it in a volatile market!

And not just them, but everyone should stop blaming everyone else but themselves for these losses

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later.

Ironically you're the one here spreading rumours about manipulation and painting a bad image of BTC

yudi09

hero member

Activity: 1120

Merit: 741

Rollbit - Crypto Futures

Quote from: tetaeridanus on October 17, 2023, 09:15:13 AM

I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

No matter how strong they play their role in manipulating market prices, in the end they will not be able to stop it when the market enters a bullish phase.
It won't surprise holders if Bitcoin (BTC) prices return to the $26,500 range. In fact, it will be an opportunity to increase the number of Bitcoin holdings in your wallet.
What is regrettable is that altcoin voters are against this game of manipulation.

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

Did you think there is manipulation in what that happened yesterday as the price of bitcoin increased from $27500 to $30000 and decreased back no quite long to $28500? Try to always know what is going on. There was a rumour yesterday that SEC has approved spot bitcoin ETF was the reason and after people knew it was not true, the market fell back.

tetaeridanus

member

Activity: 168

Merit: 33

Peace without Borders

I believe these manipulations made by a group of people or CEXs affect the inflow to the cryptocurrency. Small investors lost a lot of money yesterday on leverage or buying spot at top. I believe this is a %100 manipulation hence the ghost wick and BTC creating a short squeeze of 5K durin a war crisis. I also believe BTC will go back to 26.500 range soon. This type of moves create a media view of BTC as a scam and a manipulation device which the cex's or dex's who do manipulation will regret later. These are just my two cents.

Teta Eridanus

Topic: Sad to see such manipulations in this market. (Read 215 times)