Topic: The Obvious Manipulation and the idiots with their technical analysis getting - page 2. (Read 476 times)

Well that's something slightly different. You are referring to sheeps (whale sheeps? hehe) that follow the same current which indeed have a strong impact on price. What I'm referring to is that big holders can organize and time big buys/selloffs, thereby profiting from their alliance.

you dont need whales
look at the markets. look at the market depth. its only a few hundred btc per market. and each order line is only a couple btc at most. it does not require whales(1k btc hoarders). it just requires a school of piranha(1btc EACH hoarders) all biting at the same bait and following the same suggestive water current

If you have a lot of volume (1 wale, or a group of wales), you can basically control the price to go up and down. By doing so, you can scalp the price all the time. You sell and BTC goes down, then you buy a lot and sell again when the price reaches a certain point and repeat.
Another way if you have a lot of money is to by selling a lot of BTC and at the same time going short on BTC with leveraged trading. By doing so, you can have 100x more profit (depending on the leverage). So manipulating the market can be very, very profitable. Crypto is not regulated yet, so there are no legal sanctions if people do such things. This is typical for new asset classes, but sucks ass for everyone that really wants a growing crypto marketcap!!!

i blame you and every other newcomer who filled the pockets of these whales when you were so happy during the pumps and were buying all these useless shitcoins and investing in all the useless ICOs.
that was when you were making the whales bigger by buying their coins from them at a much higher price after they have already pumped it. now as these shitcoins' bubbles burst they are taking bitcoin down with themselves too....

trend anals look at a chart and draw pretty triangles of suggestion. bots use the same pretty triangles. thus bots move because of pretty triangles and cause the result of what the pretty triangles are suggesting.

EG today you were not going to eat pizza.. but last week you ate pizza, and the month before that you ate pizza. so i suggest today maybe you should eat pizza..
i bet your now thinking about eating pizza

the problem is those pretty triangles are not based on current data/situations/events. trend anals are about looking at the past and causing the past to repeat itself without understanding why the past event occured in the first place.

EG october 2013 jump occured due to ASICS hitting the market. january 2014 happened due to MTGox.
this year there has not been a asic or mtgox event and thus there would not be a repeat of 2013-14...
yet trend anals create a repeat of 2013-14 simply because of the power of sugestion that a price movement should happen because a price movement did happen.

with bots set to look at only one piece of data (a pizza menu) all it can see is that one piece of data. and if many bots are all doing the same thing. suddenly a pizza restaurant will see an increase of pizza orders. this is how advertising works. businesses see an increase in sales if they use suggestive advertising to viewers.

hint..
there is no logical reason for there to be a 2 year stagnation for bitcoin prices. there is no real world event predictor of tomorrow. but trend anals wil draw prtty triangles to suggest based on the 2014-16 data that we are going to have a 2 year stagnation from 2018-2020. and so bots will se these pretty triangles and only trade based on a narrow window of percieved stagnation. thus themselves cause the stagnation.

then in 2020.. the bots and users will reinforce the notion that trend anals are the oracles of future because of the repeat and thus starts the epic sheep follow cycle of blinding causing a future based on the past limited data.

EG you are going to start eating pizza more often. not because your kitchen is empty of other real foods. but because have been suggested to that pizza should become part of a regular routine based on the past which you infact caused by listening into the power of suggestive advertising.
now cometh the wednesday routine of "pizza night"

Manipulation was always a part of mainstream stock market even after heavy regulation by the watchdogs. So it is no surprise that manipulation will take place in crypto market as well where there is no regulator of the market. So big tank sharks with deep pockets, will use the market on their favor, that's an open secret. However, I am failed to understand one thing. I will appreciate if any knowledgeable person can help me understand this.

Lets assume I have 10,000 of bitcoins with me and I am considered a shark or whale whatever you like to call it. Why would I manipulate the market to go down? What's profit I can get out of it? If I have a high exposure in bitcoin, I would always want the market to go up because my net worth will be increasing along with that. The price decrease will not be helping me in any way. That's the basic understanding I have. Can anyone please clarify?

It is not obvious to me. Can you please show me information that clearly and undeniably indicates manipulation?

Well its part of everybody's strategy and even if we like it or not this is market and everyone has a right to do what he wanted
And besides market grows because of this,you may not knew it before but this is what it is since then

Even how hard for coins to grow,atleast theres a possibilities so the only thing to do is wait and keep patience

Because of these whales and other pro investors it is very hard to predict this market, that is also why in my view Technical Analysis can’t work, you cannot predict when a whale will dump a significant amount let alone which coin. All you can do is study what goes on behind the scenes and try connecting the dots. It is also very hard to trade unless you know exactly what you do, tight stop losses and so on. All this affects you only if you think short ot mid term. What works best for me is to pick a few coins you are really confident about and focus long term for all these reasons.

As long as the whales exists on the trade then we will have a hard time to increase bitcoins value since they will just dump their coins and that creates a huge resistance. But that is a normal trait of the human being since if we are the whales I believe that we will be doing the same. So let us just go with the flow and make our way into the top so that we can have  a say in the market.

You should be calm and patient, I still believe the bitcoin price will soon recover and to go higher, I will still hold up to the high price.

all?
there is bitcoin which is staying stable more or less (with bitcoin standard) and then there are altcoins which are still getting pumped and dumped. for instance in the past 24 hours a handful of them got pumped (eg. Dentacoin, RabbitCoin, Slothcoin, Jesus Coin,...) yesterday there was another set of them getting pumped. 2 days ago another different set and so on.
what is happening is that bitcoin is in an accumulation phase so the money is pumping altcoins to increase itself then come back to bitcoin when it starts its ascend.

manipulation? there is always manipulation as i said the pump and dump is happening in altcoins.

There has been lots of manipulation im seeing even from the start. The whales for one. We know they own huge amount of bitcoin and anytime they pulla all that out, will lower the price of bitcoin. Fud will only affect bitcoin if people holding bitcoin will believe these so called news. We all know haters will always make something up just to put bitcoin down. But really, its all upto us. Weak hands sell out of panic. These are the people who don't belong in the crypto world. Because they bring down the price.

Yes the pump groups are just making you as their tools to gain profit,
They would tell you that this coin would be pump so buy it then of course you believe in them so you would buy it then you are the reason why it is pumping up and while the coin is pumping they are selling their coin,
It is just like a pyramid scheme the last one to invest would be the victim.

many idiots are speculating about bitcoin, but I think it is impossible if they are from bitcoin enthusiastic members. their action makes the bitcoin fall again when bitcoin will go up.

and you're wrong if you think all videos on youtube, reddit and others are useless.
all videos on youtube, reddit and all good information serve to stabilize bitcoin and crypto market conditions, so bitcoin does not fall to the lowest place.

Yes, I forgot to mention the newbies. This is a big factor. I know 50% of people at work lost a lot of money, when they tried to speculate in January at the high of the market. They lost 70% in value of their portfolio. Ouch

technical analysis??

no TA stands for TREND analysis.. or my preference trend anals
they dont actually look beyong historic prices to explain real world events that cause certain things. they just look at prices in the past.

take the 2013 price surge. the actual reason this happened was that in october 2013 ASICS came onto the public consumer market and so with everyone buying asics. mining became more expensive(higher difficulty). and with pools not selling coins below cost it caused a price surge..
then in early 2014 MTGOX knocked the price down again..

but TA's do not look into these details. they just see that over a winter peried price jumped then crashed in the new year.. soo years later it will happen again..
.. um no.. there has not been another mining invention release. there has not been a major exchange disaster so the event should not have occured.

but because the trend anals screamed it should happen. the sheep blindly speculated it and it was the sheep that caused it. now because the sheep caused it. those sheep now treat the anals as prophecy preachers and will follow anything they say.

its like the blind leading the blind to cause more people to be blind purely to have more blind leading the blind

so lets be a trend anal
"tomorrow will be a disaster. many people will die you will live if you jump off a bridge"

loads of people jump off a bridge.. many died coz of it.. those who survive will thank me for telling them to jump off a bridge and will now follow my next near death request
.. so who wants to jump off a cliff if i told them to

This has always been affecting newbies but elites in this business understands each and every move. After the whole FUD, everything will settle back to normal then normal ratio begins.

If people can do something then they will do something. Anyone complaining about 'manipulation' would be manipulating the shit out of things for their own benefit if they had the opportunity themselves.

They're not going to leave profits on the table so nobodies can benefit instead. This is how the entire planet works. It's just more brazen in the crypto space as no laws apply and there are enough morons to carry on feeding them.

If you sit tight long enough then the current generation of whales get eaten by bigger ones down the line and another 0 is added to the end of the price. If you don't have the patience then the door's right there.