Pages:
Author

Topic: What started this bear trend? - page 5. (Read 700 times)

sr. member
Activity: 616
Merit: 250
May 25, 2018, 06:44:13 AM
#10
Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?
Rich or we can actually call them the whales are not controlling the value they are just affecting it what I mean is they don't really control the value they've just helping it to decrease and increase as well but not all the time because there are still many people that are holding bitcoins and if that bitcoins are not moving in trading well the value is still balanced.
hero member
Activity: 3038
Merit: 634
May 25, 2018, 05:15:38 AM
#9
My question is, if you holds a lot of amount of bitcoins and other top alternative coins, you are almost whale god in crypto market, it's depend on you if what do you want to do the value of bitcoin, is that right?
Being a whale alone isn't enough to manipulate the market, you need to have some help from your co-whales to shake the market.

It is not they are doing what they want to set the price of bitcoin base on what they like. Price of bitcoin is still depending on supply and demand.

Any solution for this, to avoid manipulation of crypto markets?
There's no solution for this manipulation, this has been the problem even in other the same markets. Oligarchs in real economy, hoarders and other types of manipulators can't be gone.
jr. member
Activity: 246
Merit: 1
May 25, 2018, 04:04:12 AM
#8
It was a combination of different factors. Firstly, what goes up fast must come down fast..it's the nature of the market. Bitcoin rose x20 in 2017 and the retracement was healthy and natural as many people cached out and took profits. This massive sell out started a chain of events and weak hands started panic selling. There were many average Joes buying btc at the top..got rekt and cashed out at a loss. Plus, there was SEC ruling which also made a big impact.
member
Activity: 322
Merit: 21
May 25, 2018, 02:09:11 AM
#7
My question is, if you holds a lot of amount of bitcoins and other top alternative coins, you are almost whale god in crypto market, it's depend on you if what do you want to do the value of bitcoin, is that right? Any solution for this, to avoid manipulation of crypto markets?
legendary
Activity: 1414
Merit: 1039
May 25, 2018, 12:34:59 AM
#6
Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

I'm sure that almost everyone knows that a strong manipulation in the market has some relation to the whales invested in Bitcoin. Overall, Bitcoin operates pretty much in cycles. The price will go up due to the rich sparking a change of events from a drop/still zone, so more people start investing as they see the markets on the sudden rise, believing that the rise could last for a while. When the whales are content with what they've profited with, they'll just dip out of the markets, causing a crash due to the large sell order freaking people out. This cycle just seemingly continues, and sometimes the rise is stronger than the fall, and vice versa. I definitely think the rich manipulate the price, but that's a part of Bitcoin as well.
hero member
Activity: 3080
Merit: 603
May 24, 2018, 06:34:17 PM
#5
Well that's true that those rich people or the popular term for them is "whales" are accountable for this market. They are manipulating that with few increase 5-10% they'll sell, buy at dip rinse and repeat.
Everybody have been ready to start to the moon after Consensus, but marketmaker dont think so.
But our expectation is a failure for hoping that after the consensus conference bull will start.
newbie
Activity: 728
Merit: 0
May 24, 2018, 04:32:42 PM
#4
Market is not easy and sometimes it seems absurd but actually it is not so. Trading and investing is not a simple action there are a lot of reasons which need to be analysed and trades who has not enough experience consider that somebody cheats them and manipulate market. It is not true. Look at gold it has the very long positive trend and anyone might buy and hold it several years. And nobody tell you exactly why crypto market are now bearish.
member
Activity: 280
Merit: 15
May 24, 2018, 12:40:11 PM
#3
Bitcoin bear trend started with SEC ruling on cryptocurrencies and future of ico market  so this bear market is continuing till now
newbie
Activity: 364
Merit: 0
May 24, 2018, 10:53:54 AM
#2
There is such information that thanks to a bug on the OKEx exchange, the hackers received 5k BTC, which they sold. We now have something that happens when dumping so many BTC on the market.
newbie
Activity: 5
Merit: 0
May 24, 2018, 09:08:17 AM
#1
Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?
Pages:
Jump to: