Topic: The trick of the Whales - page 3. (Read 2313 times)

All the ico's should in terms mean a lot of dumping eth to gather fiat or btc for these ico companies.

I do not think tor  is more   ''secure'' compared to a  decentralized vpn, maybe i am  wrong

Security wise probably yes, but it's very slow because the nodes are not paid for providing the service. In Myst the nodes will be paid for providing their bandwidth, so it should be much faster and with many more nodes.

I like  the idea of a  decentralized  VPN,  but  don't you think that  Tor  already solves this problem?

ETH  was  a promising coin.

I remmeber I was  on a totally  different  web site related  to tecnology and  I asked  a  member ''what do you think about investment''

He said me:  ''invest in ETH''...but I  didn't  because I was knew about  trading

I was  new  to cripto trading,  but I remember his  words ...  it was september of   the  last year

Basically  everyone knew   Eth  would  be exploded, it  was  only matter of time..... that's my idea, I don't  know  if there was some  others Eth competitors, anyway I have my idea Eth  was  the best  candidate  and  from that it  was  only a matter of  time  before  the  boom that we all know.

All  the time at 13,  at 20 $  was  only accumulating time...  accumulating time

Now  there are so many coins and  the market  is  more saturated  compared to  the last year.... but  my advice is:  if you think you have found a ''gem''  with a real case of use, don't dump it  just because  you see  the price is stable for months. Believe in the project, if  the dev team is good

ETH was below $13 at beginning of the year but pretty much crypto was dirt cheap at that time.
Most of the cryptos were trading for mere pennies. Agree that whales do use tricks to accumulate cheap
and dump at the highs.

Yes, it is on a daily basis, on the Bittrex exchange. I also think that they are trying to accumulate at cheap prices. Also what is in favor of this scenario is the fact that the price was declining for some weeks, then it suddenly stabilized and this weird behavior appeared.

On which exange?
Does  it  happen more or less  on a dayily  basis?  
If  yes, probably are trying to stabylizing the price  for  a while , accumulating cheap before a  big  pump...

You are probably right. Actually I see such behavior now with the Mysterium network token (MYST). The typical daily volume is about 15 BTC, but there are 5-15 BTC walls appearing and disappearing all the time. Also when the price moves away from some range, sometime there is sudden 50-100 BTC spike in the trading volume. It all looks suspicious, exactly like a whale filling their pockets at low prices.

I also remembered that period when ethereum was about 13$ at start of this year. I was shocked about it. So many ICO and price like this? And then it RISED UP!!!

And now actually I again thinking that ethereum will have again some explosion. Maybe till 1000$. Let's see. You can see SO MANY ICO on ethereum!

They are also manipulating prices with bots. Some bots basically behave after macd and rsi so you can't see all those sell orders coming all at one time. It makes you panic sell your coins and their buy orders were reserved there waiting to get your cheap coins.

Yes, I was thinking the same. Because most of the coins could be easily manipulated with small-mid amount of money.
Reentry I was trading on 2 ICOs and cannot other explanation of courses expept manipulation.
The first is OPT where the price starts increasing when bounty hunters dropped over half of their coins?! And before that was to incredibly low.
The second one is TFL which is one of the few projects with a real working product but the prices are 2-4 under the ICO.

Have you noticed  that there are  some  valuable coins  that  keep on staying ''under the radar'' at ridicoulous prices?

That's impossible....  but  in some cases    I think the  big players  with big money manipulate the price of these coins  to keep  them as  low as they can


There are some other coins  very valuable which  stay at the same price.... we can think about  ETHereum...  evryone know it was  a big potential coin, but  the last year  in this period  it  was 13 $ and   staied in this price for a lot, before TO EXPLODE


The  boom  for some coin is at the corner...    I think that  some coins that are valuable  but  keep on stay underpriced, are manypulted by whales

There is the trick of  sell/buy wall  that  an experienced  trader would known....basically the whales  put   a big order  at buy (increasing the buy demand)  and  then delete  their order, making the price fall, and keeping it  ''stable''

SO my  touhght  is::  LOOK THE  DAILY -WEEKLY ORDER BOOK AT THE EXANGES..... if  YOU SEE BIG ORDERS  WHICH SUDDENLY DISAPPEAR  ON A  valuable coin  THIS is  the signal that The whales  are keeping the price  low  to accumulate,  because they know  there is HIGH CHANCEs  that  that  coin will be very valuable in the future

This my personal teory, not  applicable on all coins, because it works  also as ''pump and dump'' with  shitcoins...so  not  only  for  ''valuable coins''

What  do you think about it?