Topic: whales buy and sell with themselves in coordination to manipulate prices - page 2. (Read 146 times)
September 16, 2018, 04:53:30 AM
yes they are big players can manipulate prices by doing propaganda with it then new players panic and sell their altcoins and cause prices to go down
September 16, 2018, 04:51:09 AM
Yes, that's a big rumor going on right now (not saying it's untrue, just that there isn't really a smoking gun). The idea is that whale #1 calls up his other whale friends to coordinate moves, then they all buy/sell huge amounts at the same time to secure profits before the rest of the market can react.
Just harvesting hard earned money from the hodlers. Just keep buying them dips.
September 16, 2018, 04:45:20 AM
Some experienced traders looking for Wales on the market and repeat their action. Also group of investors can join and pump the coin to make a vision of growth.
September 16, 2018, 04:44:18 AM
Yes, that's a big rumor going on right now (not saying it's untrue, just that there isn't really a smoking gun). The idea is that whale #1 calls up his other whale friends to coordinate moves, then they all buy/sell huge amounts at the same time to secure profits before the rest of the market can react.
September 16, 2018, 04:41:51 AM
OFC
This has been going on since the dawn of man.
This has been going on since the dawn of man.
September 16, 2018, 04:38:15 AM
Probably. As others have pointed out markets have been manipulated since the dawn of man. You get a few people together who control over a hundred thousand Bitcoin and then allow them to use margin. They can do whatever they want with the price
However this is exactly why it's likely to go higher. It's in their best interest to draw in as many people as possible if they ever want to diversify out. It also creates these upward and downward Cycles which allows them to increase their Holdings as they sell into the Euphoria and buy panic
However this is exactly why it's likely to go higher. It's in their best interest to draw in as many people as possible if they ever want to diversify out. It also creates these upward and downward Cycles which allows them to increase their Holdings as they sell into the Euphoria and buy panic
September 16, 2018, 04:35:18 AM
If you're a whale and want to dump a big position:
Step 1: Pump the market by small buys on light volume and drive the price up.
Step 2: When the suckers see the run up and think that they can get rich quickly, then dump as quickly as you can before the market falls too much.
Step 3: Repeat.
Of course, this only works so long as there are enough suckers who will buy as the price is increasing.
Step 1: Pump the market by small buys on light volume and drive the price up.
Step 2: When the suckers see the run up and think that they can get rich quickly, then dump as quickly as you can before the market falls too much.
Step 3: Repeat.
Of course, this only works so long as there are enough suckers who will buy as the price is increasing.
September 16, 2018, 04:31:14 AM
do whales buy and sell with themselves in coordination to manipulate prices? how does it work?
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