Giant whales make profits through volatility, and they don't buy back and forth frequently.
A celebrity tweet has to consider the consequences. . . They rely on supporters to make money. Influential people don't want to lose their persuasiveness. They don't operate frequently.
Topic: What if influential people buy Bitcoin back and forth? (Read 656 times)
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
whales are very influential for market prices. the price will be unstable if the whales do things in the market like buy and sell back and forth and time is fast. that's for sure I think makes bitcoin volatility even bigger. but that's the crypto market is still easily influenced by whales who have big money
Everyone is staring at the whale's movements. Ordinary people will choose the investment portfolio based on the operation of the whale. When whales are in fluctuating markets, many people will profit.
We can not tell who among the rich people are buying and selling bitcoin. But here in my country there were many influential people are buying bitcoin. And I am hoping that they won't use it for their own will and power. But if they're going to use it to help the country and its people then its good. But if they're going to use for anomalies or other propagandas to aim other people to be miserable then its a no no. I wish they can use it to reduce poverty and solve country's problem especially in these times of crisis and pandemic.
actually they have been doing this trend for a long time now, not only influential people but also the rich businessmen like bill gates and elon musk. this resulted in the continuous price upward trend on the price on bitcoin, because the demand for it is very high but lately many whales and rich people sold their bitcoin and now the price is in the downward slope.
I don't think bill gates are involved in bitcoin investment but elon did.Most people are buying bitcoin or cryptocurrency because they were seeing the price history of bitcoin which is the most biggest investment returns in years, there are no other investment that give so big return compared to bitcoin investment.
More over the decentralized transaction is probably another reason because they could transfer money all around the world.
Influential people will have a positive impact when buying bitcoin, but they will also have a negative impact when selling, just like musk.
actually they have been doing this trend for a long time now, not only influential people but also the rich businessmen like bill gates and elon musk. this resulted in the continuous price upward trend on the price on bitcoin, because the demand for it is very high but lately many whales and rich people sold their bitcoin and now the price is in the downward slope.
isn't that something they did on purpose to make the market price and trend down? it can make influential can take another chance when the price drops.I'm sure they've been doing it for a long time. especially for this year. we can see the market moving up and down rapidly. when there is a dump, the market will quickly adjust. this should have made us aware from the start.
actually they have been doing this trend for a long time now, not only influential people but also the rich businessmen like bill gates and elon musk. this resulted in the continuous price upward trend on the price on bitcoin, because the demand for it is very high but lately many whales and rich people sold their bitcoin and now the price is in the downward slope.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
I think this plays a very important role in promoting btc. When a whale or influential person buys Bitcoin, it is equivalent to a very positive effect on Bitcoin. This is a very beneficial thing! I look forward to something like this to happen! 
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
There's a clear indication of market manipulation when they do things like that but it still depends on how influential they are to have a significant impact on the market price. Moreover, whales don't need to post if they intend to pump the coin and only a few people know when will it happen but it will definitely reflect on the graph.
Unless those influential people have a cult following behind them I don't see how they can up the price. You can see news about some big fun purchasing huge amount of stock seemingly every other day and it doesn't influence the price at all.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
We don't have to see their posts because we will see the effect of that if they did because surely it will reflect in the market value.Bitcoin price will surely climbs up high again like what tthey are doing if they wanted to manipulate the market.
so basically they buy and the price will go high .
it seems that market conditions have become unstable and have a bad effect. because a lot of people get carried away and can't speculate soundly because they think the whales will raise or lower prices. That's really not healthy for the market
it seems stable now mate https://coinmarketcap.com/
after the Elon Musk meeting the price goes back to above 30k again.
If the big artist or influencer spread a good news about bitcoin it gonna make bitcoin more popular and it will make market back into bullrun again.
But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
They only bring more retail investors to join the market and when the market tops up because of retail investors, it is a bubble.But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
Institutional adoption is a big reason for Bitcoin’s recent successes in 2020/2021 which will not be captured easily from Google search interest.
but elon musk is hated by a lot of people, will the emergence of elon musk have any better impact on the market I'm not sure about that, imagine if elon musk showed up and wreaked havoc by tweeting what would happen to the market?
The crowd hate not only Elon Musk but also many other influencers because the market is affected by influencers together with reactions, regulations from governments.When the market is too volatile, price will be affected and the crowd are the most vulnerable objectives to such volatility. They mostly join and exit the market with loses. Without knowledge on how they get lost, they will hate influencers.
When influencers make the price soars, the crowd hope high and wait for higher highs, don't take profit and they don't say thanks to influencers. When price crashes, they cut loss or worse, get liquidated by exchanges, and flip to hate influecers.
If the big artist or influencer spread a good news about bitcoin it gonna make bitcoin more popular and it will make market back into bullrun again.
But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
but elon musk is hated by a lot of people, will the emergence of elon musk have any better impact on the market I'm not sure about that, imagine if elon musk showed up and wreaked havoc by tweeting what would happen to the market? But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
If the big artist or influencer spread a good news about bitcoin it gonna make bitcoin more popular and it will make market back into bullrun again.
But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
But we really need a big artis / influencer to do that, because I don't think it will have a big impact on the market if only ordinary artist saying good words about bitcoin.
And one more thing, i hope elon musk back like he first entered in this crypto field and stop being hypocrite.
That's what bitcoin needs at the moment, we need influencers to step in and give crypto some rope so that it can grow. Imagine if we can have Jeff the Billionaire say something nice about bitcoin,it will be bullish in a second . But with how this are some influencers are quiet about crypto because they don't want the government to take an interest in them.
Yeah we really need their presence for now to lift bitcoin up but if those influential people will act like what Elon Musk does to the market well we can say that we may be struggle since series of manipulation will happen unto their hands. Hopefully we can get a balance ecosystem so that we can see a stable growth but we know this will never happen as rich and influential guys will always win on this ventures. The only thing we can do is to ride with them.
it seems that market conditions have become unstable and have a bad effect. because a lot of people get carried away and can't speculate soundly because they think the whales will raise or lower prices. That's really not healthy for the market
That's what bitcoin needs at the moment, we need influencers to step in and give crypto some rope so that it can grow. Imagine if we can have Jeff the Billionaire say something nice about bitcoin,it will be bullish in a second . But with how this are some influencers are quiet about crypto because they don't want the government to take an interest in them.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
Depends on how popular or big it is because talking about influential people then when it comes on spreading awareness or exposure then it would really be significant on moving markets.We've seen big companies had splashed in into this crypto space and it did really turn out to be having some pumps in price but of course we wouldnt know on when they do take profits.
It does actually giving out both positive and negative impact and as an investor then you should know on when to take profits or not but as a hodler then these kind of sentiments
wont really be an issue since you wouldnt really care at all but at least we are seeing some progress of adoption which is the most important.
this is very influential on the influencer in conveying things that are negative towards bitcoin so that it greatly affects the value of bitcoin, what's more, many young entrepreneurs try to buy bitcoins in large quantities to trick the market and look for big profits in a short time ,this may often happen in the crypto world and we hope it will be fine for the future of the crypto world itself
That is already market manipulation IMO, and would probably be frowned upon by the market as it shows that only a few people control the market at their own will, and that's not good especially if we want this market to mature even further. Though this is the case, I don't think influential people would be bothered to do such a thing, and would just focus on their money-making machine instead of trying to game the whole bitcoin market. The market is already a large one on its own accord, and a few million $ (or even billions, heh) isn't enough to move it to a direction wherein everyone and their mothers would be compelled to buy or sell.
That's like it's impossible, don't we see what influential people do when they manipulate the market? they can no longer be trusted by the community, already many people are losing because of the purchase back and forth of influential people.
But that doesn't mean that they won't do it again, I mean it's a pretty much animalistic thing to do, you have the money enough to move the market then you will just do it and then sell it at a profit.Reality wise, if it's all about money, greed will always have its share to this kind of actions, those influential people will keep doing it as they understand that they'll going to keep collecting decent amount of money from people who continue to follow them.
We can't deny that fact, as people always aiming for easy and quick profits. Choosing to ride with the trending movement and not to deal with doing their DYOR leads them to lose instead of earning money from this market.
influential people know that, emotions and laziness are enough to control and earned from this market.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
Before you get a really serious investment in Bitcoin, it's a good idea to first learn what causes Bitcoin's price volatility very high...
Of course, we have experienced this very often like what was done by whales and elon musk which can have a very influential impact on bitcoin in a short time so that they get big profits the way they did a few months ago, which makes many people sick of the behavior of those who play this business in their own way, we no longer care about what they will do to the crypto world, and we will carry on this business as usual
the world of bitcoin the market is huge so it is difficult to manipulate the price in any attempt to the manipulation will have a short term effect and will be forgotten in about a week and may be sustainable
Let's take the example of Elon's tweet that made bitcoin fall in price which had previously been hit by news from China and the USA regarding the ban on mining, here we can see that influencers have an influence on the development of bitcoin pump and dump prices.
Let's take the example of Elon's tweet that made bitcoin fall in price which had previously been hit by news from China and the USA regarding the ban on mining, here we can see that influencers have an influence on the development of bitcoin pump and dump prices.
That's like it's impossible, don't we see what influential people do when they manipulate the market? they can no longer be trusted by the community, already many people are losing because of the purchase back and forth of influential people.
If influential people buy and sell bitcoin to and fro, it would keep up the hype of the coin. Also, the currency may become even more volatile than it already is due to price fluctuation of this extent. But, it can work out to be beneficial because this will surely create hype among investors.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If "influential people" do this, "they" should first think of the consequences of doing so, and "their" supporters will give up following "them" for this. It may affect the market at first, and then there will be no one to trust, and then the market will return to its original state.
If that can give their supporters the profit, they will follow those influential people because they can get the advantage from that moment. The random volatility itself already happened a long time ago and it will happen many times. But the market will not over because not all of the whales will have the same thing to show what they do to the public. Those whales who have their plan will stick to their plan and not follow the other plan, especially if they know it is all about manipulating the market. 
It will surely affect the market, once an influencer have promoted something it will increase its customer, just like if they are going to promote or give good feedback on bitcoin then most of their followers will do the same as them. Every projects or coin need a marketing and one of those is having an influencer that can promote the coin and make more people buy it.
It is true that influencers can influence the price of Bitcoin, because what influencers say will usually be followed by their followers. So the more
followers of an influencer can have a big effect, therefore I really hope that influencers with large followers can support Bitcoin. Doing so can help
push the Bitcoin price up, I agree that all projects need promotions to make them attractive to many people. Including Bitcoin requires a lot of
influencers who can promote Bitcoin, so that more people will buy Bitcoin, that way the price of Bitcoin can soon return to above the $60k price again.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
The influential people do have the effect on market and when they promote something their fans will automatically rush to buy that product or the coin they have mentioned.For instance we have seen Elon Musk have moved the doge and btc market a lot just with his tweets and was accused of promoting many memecoins and messing up the whole crypto market at this time.Same is the case with bitcoin like if any renowned celebrity purchased bitcoin and tell everyone about it and say investment of huge funds into it the market will eventually rise by some portion and people will invest it btc meanwhile.This is the power of advertising like why celebrity are paid millions to post about their product because they know it will boost it's sales.But for bitcoin many celebrities need to promote it and invest billion dollars by mass to move the market cap and prices above. If "influential people" do this, "they" should first think of the consequences of doing so, and "their" supporters will give up following "them" for this. It may affect the market at first, and then there will be no one to trust, and then the market will return to its original state.
this exactly what happened to elon musk . he is an influencial guy and people are excited at first because he says that he will support btc but we found out that he is only in for manipulation . he lost a lot of followers and his tweeting powers have decreased . its important that we must first think before we click If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?
no not really if its only a message without proof because that is manipulation and we hate it but if the whales really bought a large quantity of btc , that can make the price change . the price can go up and it can gain confidence .
If "influential people" do this, "they" should first think of the consequences of doing so, and "their" supporters will give up following "them" for this. It may affect the market at first, and then there will be no one to trust, and then the market will return to its original state.
Mostly, Bitcoin is an investment tool, whales are investments, institutions are investments, and many individuals are also investments.So they are buying back and forth in market.However, with the development of cryptocurrency and more and more applications in social life, the volatility of Bitcoin will become smaller and smaller.
Yes, the words of influential people with a large audience in mass media promote changes, even in the cryptocurrency world, we can see the consequences of it right now. Sometimes it can be even more meaningful than the influence of the whole country (as a very recent example: Elon vs China impact on the crypto market).
Quote
Although the market needs volatility, is this kind of random volatility still meaningful?
In the long term volatility isn't a good feature in terms of currency, but at the initial stage, when promotion and spread of news is crucial for massive adoption - volatility plays an important role because it attracts the attention of mass media and investors.
it will be good i think, my reason is because that way more and more people are willing to invest their money in crypto so higher demand will increase the price and even though there are volatile price swings i think it's normal and as it happened recently- recently This is what one of the most influential and richest people in the world did. Its impact is felt all over the coin, even though it is only the doge that catches the eye. imagine if other influential people also did the same with some other coins. it will be very interesting.
should not only depend on market sentiment alone, such market movements are only temporary. It's better to learn the fundamentals of the project as well to get better investment opportunities. the hype is often just for quick profits, if you are late in or late out then the risk is big.how long will you rely on tweets? although it's not completely bad but it's better if we have strong anticipatory steps than just relying on hype. let's be wiser in managing investment funds.
on the other hand, influencers who promote crypto have a very positive impact on the dissemination of information related to the cryptocurrency ecosystem.
If influential people will buy Bitcoin back and forth, its impact would be dependent of the range of their so-called mass influence, and the volume of what is being bought and sold. I think that the volatility of crypto will not be eliminated regardless of this, but there would be possibilities that fluctuations can be manipulated if people would act under the influence of such personalities.
This has happened a lot of times and as big whales come to control the market, price flucuations will be much affected. The whales will make the whole crypto market dump so they can take advantage and buy the coins while they are still cheap.But as expected everytime a big celebrity comes to manipulate the market, the result will only be temporary and eventually the market still recover again and will be back to normal. Just like what Elon has made an impact to the market and then after a while, everyhthing's back to norma again.
If influential people will buy Bitcoin back and forth, its impact would be dependent of the range of their so-called mass influence, and the volume of what is being bought and sold. I think that the volatility of crypto will not be eliminated regardless of this, but there would be possibilities that fluctuations can be manipulated if people would act under the influence of such personalities.
This has happened a lot of times and as big whales come to control the market, price flucuations will be much affected. The whales will make the whole crypto market dump so they can take advantage and buy the coins while they are still cheap.But as expected everytime a big celebrity comes to manipulate the market, the result will only be temporary and eventually the market still recover again and will be back to normal. Just like what Elon has made an impact to the market and then after a while, everyhthing's back to norma again.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
You can never really rule out the possibility that some type of manipulation, even the one you described, could theoretically be happening. However, the way you described it would mean you are talking about OTC trades. Those don't affect market volume or market volatility. As far as I know that data is nowhere to be reported. What does happen though might be coordinated short squeezes, meaning that if a lot of short positions are open, some whales might coordinate an attack on those short positions by buying up Bitcoin massively such that those short positions get squeezed out. The more expensive Bitcoin becomes, the harder it is to move the market in any direction, meaning that coordination could indeed become valuable even for whales.
If influential people will buy Bitcoin back and forth, its impact would be dependent of the range of their so-called mass influence, and the volume of what is being bought and sold. I think that the volatility of crypto will not be eliminated regardless of this, but there would be possibilities that fluctuations can be manipulated if people would act under the influence of such personalities.
it will be good i think, my reason is because that way more and more people are willing to invest their money in crypto so higher demand will increase the price and even though there are volatile price swings i think it's normal and as it happened recently- recently This is what one of the most influential and richest people in the world did. Its impact is felt all over the coin, even though it is only the doge that catches the eye. imagine if other influential people also did the same with some other coins. it will be very interesting.
Should you even care about volatility caused by the rich if you aren't trading?
For me there's always a good price to sell maybe once a year, sometimes more, so if I ever want to do it in a certain time I'll be able to. Like now we had 60 thousand in 2021 and we are going to have 50-60 within the next 12 months. If that's your target it's going to happen. In 2022 you'll probably see 80 thousand and more so if that's your target yo will eventually reach it. Don't spend too much time worrying about things you cannot control.
For me there's always a good price to sell maybe once a year, sometimes more, so if I ever want to do it in a certain time I'll be able to. Like now we had 60 thousand in 2021 and we are going to have 50-60 within the next 12 months. If that's your target it's going to happen. In 2022 you'll probably see 80 thousand and more so if that's your target yo will eventually reach it. Don't spend too much time worrying about things you cannot control.
if they buy in bulk back and forth, it will create huge volatility and make the market very dire. the price will rise suddenly and then fall without us noticing. it will only make the crypto market very inhospitable. and slowly the level of people's trust will decrease. there is no positive impact from this. bitcoin will have a crisis of confidence, if that becomes a reality.
If influential people were to do that thus manipulating the prices to their advantage, the one thing that I can think of is that people are going to look for a pattern as to how the influencers are buying bitcoin and when they are selling it and when the people understand the pattern, they can just hitch a ride in the market knowing when to buy and sell.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
That would become a ground for market manipulations and there is a lawsuit for that.
Expressing your thoughts about Bitcoin consistently when you're influential or a very rich man is an attempt of market manipulation. We currently have a perfect example and that's Elon Musk.
If you're a whale in crypto space, being quite is a good gesture. You can either massively buy or sell without posting anything and it'll surely affect the market both ways.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
Why it would be over? Are you sure that whales or institutional buyers would always say the truth or being honest? Knowing that manipulative kind of behavior then you wouldnt know if those tips or hints would really be true or just totally the opposite.This market is decentralized and no one can stop on investing neither you are a whale or you are just an ordinary small investor.The market would really be cycling continously and this wont be called
a market on the first place those buy and sell wont be existing and also its unavoidable for some manipulative actions.
The whale making waves in the crypto market will cause people to panic. As an ordinary person, buying and selling will not cause volatility. Like a series of chain reactions triggered by Musk's every move, he did have a great impact on the market. This is only temporary and we can't stop them, so they do what they do and we do ours. Don't sell off emotionally because of certain factors.
Bitcoin price will rise when more Bitcoin is holed and not sold, so if influential people buy Bitcoin and hold it the market will increase and the demands increase because of any scarcity of Bitcoin will cause positive green light.
but when we say back and forth it means if whales do that technique, like what Op trying to point out here, for sure it can create a zigzag in the chart of bitcoin,. and perhaps there's no new all time high value anymore if that times happen. Lol because its like bitcoin will experience a extreme volatility if a bunch of whales buy bitcoin back and forth and how can bitcoin growth rocketed? In my personal opinion i think it's impossible. Correct me if i'm wrong..
Influential people will not take you to make money together, because the gap between you is too big, just as smart people like to make money from fools, General Patton once said: The success of a person is not measured by the height of the summit. It's about his rebounding force after falling to the bottom. In fact, your question can understand that people like Musk always use the celebrity effect to win the bloody chips of retail investors. For them, it is more like a tool for making money. It has no other meaning.
Usually these people with huge wealth will have two effects when entering the Bitcoin market. One is a positive effect. Whenever a giant whale enters the market to buy a large amount of Bitcoin, the market sentiment is very positive, which will attract more people to enter. The market, so that the price has risen all the way; but on the other hand, it will also bring a negative impact, as the op said, as the giant whales buy and sell, the market is extremely unstable, and they can easily affect the rise and fall of prices. But what we can also see is that their impact on the price of Bitcoin is only short-lived, not long-lasting, and more of a celebrity effect. As the mining volume of Bitcoin gradually decreases, its price will become more and more stable, and no one can completely manipulate the price of Bitcoin.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
everything must mean. although that includes manipulation. but if everyone with influence did this, the market would probably be very excited. imagine if 100 or even 1000 people like Elon musk bought another btc/crypto and told the whole world. it will be a big booster for the pump.
This will probably help but I don't think those influential people would last in this market if they don't know what they are doing. They may be giving out some free and easy profit to those who knew how the market works. So I think they better know the essence of Bitcoin first and the risk it brings before trading.
Bitcoin isn't for quick-rich scheme if you have the money to invest, it's not like that. People who were starting here did struggle first to understand and do you think those influential people would make it on their own without a proper knowledge? Think again.
Bitcoin isn't for quick-rich scheme if you have the money to invest, it's not like that. People who were starting here did struggle first to understand and do you think those influential people would make it on their own without a proper knowledge? Think again.
It relates to the power of something and someone.
The Crypto world, is, however, really influenced by the news and media, by the public figure, and also by the regulations from countries. we know that crypto is mostly decentralized, but in fact, many can really give an impact.
And if the influential people buy and forth Bitcoin, I am sure that it will give a certain influence and impact on the Bitcoin price. It may be setting and getting up from this bottom, but it may be also decreased when they suddenly sell out their asset.
The Crypto world, is, however, really influenced by the news and media, by the public figure, and also by the regulations from countries. we know that crypto is mostly decentralized, but in fact, many can really give an impact.
And if the influential people buy and forth Bitcoin, I am sure that it will give a certain influence and impact on the Bitcoin price. It may be setting and getting up from this bottom, but it may be also decreased when they suddenly sell out their asset.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?
they must explain clearly without being covered from the risks and disadvantages of this crypto investment. Don't just explain good things and give them instant rich dreams. Everything has a risk and people have to understand that first. I think for people who are used to seeing the crypto market they should be able to analyze the worst possibility and whether he can be in this field.
this may be more or less will affect a bitcoin value whose price will go up and down by the way they are influential people in manipulating the market like what Elon Musk has done before with his controversial statement that can affect market prices, but from such things that happen it will only be temporary especially if it is done only by the influencer
Influential people with no finance background better not join. If ever the coin they promoted crashed, it would be detrimental to their reputation. On the other hand, Whales manipulate the market movement to buy cheaper or gain profit. The end response still depends on the community; some crypto member who loses money despises Elon for his lowkey negative view of BTC. Which doesn't actually negatively affected him; I guess his power and background helps. Overall, it raises awareness, but not every people with influence should jump in.
background power and not just wealth alone will make a big difference. Elon has indeed become a very influential person lately for cryptocurrencies, especially Bitcoin and DOGECOIN. Just watch every time he posts about BITCOIN and DOGECOIN the price will go up drastically. this is used by Elon to gain advantage because he is very influential. A new and famous influencer will not be that easy to manipulate the market. Never try it if it only has a temporary effect. some other whales have their own strategies to make a profit. Playing the market and playing psychology. As a small trader, play the Whales game, ride them and don't fight them, then we will be safe. 
Influential people with no finance background better not join. If ever the coin they promoted crashed, it would be detrimental to their reputation. On the other hand, Whales manipulate the market movement to buy cheaper or gain profit. The end response still depends on the community; some crypto member who loses money despises Elon for his lowkey negative view of BTC. Which doesn't actually negatively affected him; I guess his power and background helps. Overall, it raises awareness, but not every people with influence should jump in.
That could also be considered market manipulation depending on how connected the whales are in their buying and selling. If they are doing it independently or without following a particular routine that cause them to buy or sell at the same time/period then we will probably won't have single or few individuals having the ability to always move the market to the direction they want. I won't be surprised if there are whales that unintentionally manipulate price because they follow a particular routine or advice from central entity that wish to move price with the buying power of other whales.
We could prevent this by either regulating supply in decentralized manner, having robust bitcoin economy, having people independently buy based on solid fundamentals etc
The problem is extreme volatility. If you could keep the volatility consistently moderate without compromising on the deflationary principle of Bitcoin, it could end up becoming a better medium of exchange rather than just Store of Value.
We could prevent this by either regulating supply in decentralized manner, having robust bitcoin economy, having people independently buy based on solid fundamentals etc
The problem is extreme volatility. If you could keep the volatility consistently moderate without compromising on the deflationary principle of Bitcoin, it could end up becoming a better medium of exchange rather than just Store of Value.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
We're actually experiencing it on Elon Musk's decision to accept bitcoin as a payment to Tesla and the outcome was seen positive at first wherein it was able to pull up bitcoin's price higher than it was before but after he dumped it and started rejecting it as a payment, the price plummeted although it wasn't all because of what he did. There are tons of other reason why we are in the bear market right now. If ever influential people starts buying bitcoin back and forth, it would produce positive outcomes for sure as the influences and invitation to invest in bitcoin will surely improve over time. 
it depends on the market. we already have the small altcoin market where whales who aren't even "influencial people" are going in and out of the altcoins in an ongoing operation we call altcoin pump and dumps. they make a lot of profit because it is trivial to manipulate altcoin market and in fact the market is made for pump and dumps and nothing else.
but in bitcoin world the market is bigger and it is a lot harder to manipulate it although not yet impossible. any manipulation attempt will have a short term effects and will be forgotten in about a week.
for example we had the biggest one recently from Elon Musk who could only dump bitcoin about 15% before price started going back up again. (the drop you see we are in right now is the product of China banning bitcoin mining).
but in bitcoin world the market is bigger and it is a lot harder to manipulate it although not yet impossible. any manipulation attempt will have a short term effects and will be forgotten in about a week.
for example we had the biggest one recently from Elon Musk who could only dump bitcoin about 15% before price started going back up again. (the drop you see we are in right now is the product of China banning bitcoin mining).
Influencers are often people who influence many people. Like young investors, they don't have the experience to act on their feelings with these influencers, especially as they often use their level of engagement to gain favors. By doing so, they manipulate the emotions of the fans known as trend following.
It is an attempt to save theyself from possible losses, by publishing about supporting or buying they will have a short-term positive effect which will at least make the point of support as strong as possible. Since market volatility is unpredictable, no one will know how safe they are in entering the market.
No matter how often they do this, influencer news will at least have an effect on price movements. In fact, there are always newcomers who believe in influencers, or old people who deliberately take advantage of their influence.
No matter how often they do this, influencer news will at least have an effect on price movements. In fact, there are always newcomers who believe in influencers, or old people who deliberately take advantage of their influence.
If you are talking about people who are big influencers in the world of finance, then we can safely say that they could only be able to influence cryptocurrency for only a short while. Our experiences in the last few months of 2020 and the first half of 2021 taught us that despite the big gains of crypto currency, someone who has bested interest in cryptocurrency in the upper echelons of society might be able to upset the balance. But then again, as we saw this year, any influence would be temporary.
Bitcoin price will rise when more Bitcoin is holed and not sold, so if influential people buy Bitcoin and hold it the market will increase and the demands increase because of any scarcity of Bitcoin will cause positive green light.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
No, it has always been the case that more influential people have tried to manipulate prices in their direction. Before Elon Musk got really interested in crypto and caused some pumps and dumps, McAfee, for example, was very strong in this kind of game (or rather manipulation).
Even if they can move the prices it's not like all the traders just wait for a reaction from them and then go in the same direction. It may work like that for a while, but after a while the influence wears off.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
The price change that you are talking about is only good for people who are investing in bitcoin for the short term, they are waiting for the right time to sell thier coins, and with influncers and big names saying that they will invest in bitcoin it is the perfect time to do so, because they can haveilay influnece the price, and the best exemple for that is Elon musk and his company, when they annonced that they are investing a billion dollar in bitcoin and they are accetping it as a payment method, the price skyrocketed to 60k and as soon as they said that it cause enviormental probelms and they are pulling out their investment the price went down, and also a simple joke from elon musk about dogecoin made it go up by nearly 3000%. 
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
That means we cannot have a healthy and organic growth with bitcoin since they will just dictate on what figures they like and we already see that in the hands of Elon Musk, so maybe its better to have a systematic growth like country adoption nor big business accepting bitcoin since from this we can see stagnant growth since bitcoin will have good backup if certain individual want it to collapse. But I think this will far to happen as many still doesn't believe nor impressed on bitcoin due to some technicalities of it.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?
Influential people or influencers have many followers that could be hundreds of thousands or millions so that any tweet from them will be viewed by many followers. Some of them will be affected by tweets from influencers. Some from millions would be not a small number that will be reflected on the market.Quote
If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy
New projects can give you free coins through airdrops, faucets, bounties, promotion but when they grow up, you always have to buy coins. No longer free coins for matured projects.Quote
The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
Mr. Market is always lively and does own actions and the market has never been over. People watch whale operations every day and they wait for reactions, news, tweets or big in- or out-exchange transasctions from whales. 
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
We have already seen two such incidents of market manipulation by influential people. First was Jemie Dimon and Warren Buffet and second was Elon Musk. So we can't deny this fact that influence does work in crypto space, whether its positive or negative.
So if we see positive feedbacks or news from the influential people about bitcoin or cryptocurrency in general, the market will definitely respond positively and vice versa.
But we need to also understand that these type of hype marketing will have temporary effect on the market. If you can ride the tide, you will be benefitted and if you can't, you will loose. There's no permanent solution to this!
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?
Possibly, but their agenda is not necessarily to help you. Some will even bash Bitcoin in the news and their companies may buy or develop towards bitcoin. You expect too much from people don't care at all about you (or me).
If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy
Most influential/whales/corporations will use specialized companies for handling crypto for them. It has no relationship at all with "free and easy". It may have some relationship with how crypto is "seen" by the law and finances.
Although the market needs volatility, is this kind of random volatility still meaningful?
The volatility is clearly not random. FUD, fear vs greed, news actual buys and sell off, all do have their part in the game. For example, I would not be surprised if some exchanges feed the volatility to help increase the daily volumes (and the fees they receive on those volumes).
A certain "influencer" can only have so much effect on the markets. Take a look at John McAfee(RIP) being a perfect example. Initially, his effect was so huge that coins he mentioned were growing by 3x in no time. But as time goes, as more and more coins he shilled, his effect was slowly but surely getting smaller and smaller. Because while there will always be naive people buying shilled coins on Twitter, some people will see through the BS.
As with Bitcoin though? An individual wouldn't move the markets that much due to bitcoin having the highest market liquidity out of the cryptocurrency markets in general.
As with Bitcoin though? An individual wouldn't move the markets that much due to bitcoin having the highest market liquidity out of the cryptocurrency markets in general.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes?
They promote what they've bought but only a few of them wants to promote market changes just as Elon that seems to be important in this verse.If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
The crypto market is decentralized, it's free but they don't have the authority to control it wholly. The market won't be over, there will be some coins that will have its end but the entire market to end, it won't. 
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
If there are more influential people buying BTC and then selling it, I think the market will actually become less easy to manipulate. I know it sounds counterintuitive, but let me explain. When we have one guy in the spotlight (like Elon Musk), whatever he says about cryptos has some immediate short-term impact on the prices. It's more noticeable with altcoins, but big announcements affect Bitcoin as well. But if there were 20 guys like Elon Musk, then the attention of people would disperse, and people would also get more used to the riches trying to manipulate the prices and would fall for it less. So I think it would be a good thing overall.
Changes nothing, Grayscale has been buying, Elon bought one time, Tesla added to the books. Apple almost did the same. Even Michael Saylor is a big proponent of BTC even today, but has that changed the trend of strong sell when the time comes? Just like what you have with $60k top sell? Well, I am concentrated on making them BTC on Earnbet when I am not trading. Goodluck to BTC at 100k
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
There is always a bigger fish. Even if you are the richest guy on earth ... you will not bet all your money on 1 deal and someone can squeez you using leverage. What I'm saying is that if "influential" people will try to mess up with market ... soner or later they, and all their followers will hit massive wall, megalodon will eat whale and small fishes that fallow him. He will set huge wall that will stop all buy/sell pressure, without pump after news people will start to sell killing price. What I'm saying is that its not that easy to manipulate market in long run.
I think the OP is concerned that Bitcoin prices tend to rise and fall based on words from influential whales. He is positing that they can thus raise and crash the price whenever they want and make profit by buying and selling accordingly.
This perception may have gained ground due to the effect that Musk had in the last few months. Yet, most Bitcoiners are fed of him and nobody is paying much attention anymore. Elon is an aberration as he could have done this to anything else, not just Bitcoin. The TSLA stock has been overpriced so long because most people believe that anything that he says is perfect. I don't think there are too many such whales that have such an influence or the war-chest of BTC and Fiat to manipulate the price at will.
So, to answer you, Bitcoin isn't some shitcoin and its price cannot be manipulated by some central authority talking good or bad about it. There are enough people in the market with their own factors for deciding on when to sell or buy BTC.
This perception may have gained ground due to the effect that Musk had in the last few months. Yet, most Bitcoiners are fed of him and nobody is paying much attention anymore. Elon is an aberration as he could have done this to anything else, not just Bitcoin. The TSLA stock has been overpriced so long because most people believe that anything that he says is perfect. I don't think there are too many such whales that have such an influence or the war-chest of BTC and Fiat to manipulate the price at will.
So, to answer you, Bitcoin isn't some shitcoin and its price cannot be manipulated by some central authority talking good or bad about it. There are enough people in the market with their own factors for deciding on when to sell or buy BTC.
If and when Whales buy and sell Bitcoin they do infleuence the market because people
generally, particularly newbies will act on such published events through FOMO.
Traders also would be looking to take advantage of the market movements.
These groups Whales and traders can act on some peoples emotions particularly
weak hands, which can affect the markets.
People who have a bit more experience in the space and looking to the long term will know
not to act on such events.
Whales and Infleuential peoole can only affect the markets to a certain degree,
its people who follow these people who amplify and compound the movement.
generally, particularly newbies will act on such published events through FOMO.
Traders also would be looking to take advantage of the market movements.
These groups Whales and traders can act on some peoples emotions particularly
weak hands, which can affect the markets.
People who have a bit more experience in the space and looking to the long term will know
not to act on such events.
Whales and Infleuential peoole can only affect the markets to a certain degree,
its people who follow these people who amplify and compound the movement.
That can only mean that the prices are going to go in a constant up and down since whales are buying back and forth. Plus, it's not like the market volatility won't be cancelled out, maybe it will be much less volatile than it ever was. Also, if everyone follows how whale operates, it will work on the favor of the whales because by the time the people knows about it, it has already happened.
If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
Jump to: