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Topic: Who controls the market? - page 27. (Read 32409 times)

ict
sr. member
Activity: 466
Merit: 250
October 11, 2018, 06:17:23 AM
there is no single person or country or group that controls the crypto coin trading market. Price movements are strongly influenced by the actions of sellers and buyers. so how we transact will affect crypto market conditions. Trading site service providers can only manage the site. and develop the site and its security so that site users can comfortably transact.
hero member
Activity: 1246
Merit: 588
October 11, 2018, 06:11:52 AM
Most of popular exchange are centralized and that's why they are trying to build up their own DEX for lesser issues regarding what the crypto community is discussing. Some of them are abusing their power to influence the market but to have total control of the market it has been said that the whales are doing it.

That is exactly the whole point, That is how things are currently working in this current situation. Hopefully soon smaller individuals will do the exchange so it will be more decentralized(yet this is far from possible because most of us are just looking for a much convenient ways).




The short answer would be the whales/pumpers/shills, but that would not be entirely true, because every person buying or selling any Crypto currency has a influence on the market.

We also cannot discount the influence of the many news media platforms that are being used to manipulate the price too, because they are one of the tools that are used by whales/pumpers/shills to control the markets.

Most of the larger exchanges are used as a benchmark/data source for the global price, so we should give them credit too.  Roll Eyes


This is happening because we allow them to. If someone can explain the technical aspects of bitcoin much better then people can also understand it more than we do know. Ethical and money issues are also the main reason why they do it.
hero member
Activity: 896
Merit: 514
October 11, 2018, 05:55:50 AM
you already answered your topic, in addition to that, bitcoin or crypto market runs on p2p, the activity within the market is what makes it running, those buying and selling really dictates the current market price, no specific persons or entity administers the flow, volatility is a result of continuous selling and buying at same time, so basically, everyone in the market contributes in controlling the price, of  course there are some factors that affect the buying and selling behavior of the market.
Yeah, demand and supply are the two major things that will always keep driving a market either up or down depending on which one is stronger as the case may be. However, asides from that, whales are like the market makers in most scenarios and all they do is to take advantage of the emotions in the market as well based on how strong demand or supply is in any given case.

Nonetheless, in general, the market is controlled by each and every individual holding a certain amount of the cryptocurrency and either selling or buying as the case would be.
sr. member
Activity: 1988
Merit: 322
October 11, 2018, 03:06:05 AM
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.

You can only control the crypto market if you are rich or maybe when you’re working in group. Those that controls the market are who we call the whales, they buy when it’s cheap and invest millions of dollars to make the price rise and when it rise they will also pull out their money to make the price fall again while they make profit. That’s why people say that cryptocurrency can be manipulated.
member
Activity: 1106
Merit: 11
Crypto in my Blood
October 11, 2018, 03:02:37 AM
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.

Yes, there is no single authority can control the whole market. It called decentralized market so no one can stop the market, actually necessary things never stop. We are the power of the whole market, all users the power of the market.
hero member
Activity: 1078
Merit: 501
October 11, 2018, 02:48:15 AM
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.

I think we are the ones who also holds the market, all of us, we are controlling the market. Once we buy or we sell, the market will automatically move, we can see the ups and downs of the market, so if we buy more and more in that coin, then it will grow but if we sell a lot then the market will going downwards. I think this is how the market works.
sr. member
Activity: 1246
Merit: 250
October 11, 2018, 02:32:58 AM
I think that controlling the price condition in this market is from the panic traders, yes of course all price movements in this market are affected by the bad news and good news that can make traders panic, which in turn makes the market price move up and down the price.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
October 11, 2018, 02:29:23 AM
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.


The big whales are the one who controlled in the market,because they can manipulize the market situation,either they going to pump or dump,therefore they are the big contributor  on block market situation,especially this bearish happen now in the market,i thinks they are the one who organize this kind of drowning situation.
full member
Activity: 504
Merit: 106
October 11, 2018, 01:50:44 AM
Worst comes to worst when the market continues to fall, there are some individual to who control the market and let's say for example for proof-of-work consensus like bitcoin mining. The one who control the market are those miners who share a huge amount of mining pool like in China where the majority of the pool owns by bitmain and during the bear market they can dictate the price as long as they can have enough profit. Let's say the cost to mine 1 bitcoin is 3000 USD in China they can still dictate the price for as low as 5000 to 6000 USD as long as it is still profitable.
These individuals are the big investors that manipulate the market. I can say that when they want to sell their coins the price will go up and when they want to buy big quantity of cryptos, the prices will come down and they will buy on low price. These big investors are big problem for small investors because due to them small investors cannot make money.
full member
Activity: 438
Merit: 104
October 10, 2018, 02:29:06 AM
It is decentralized so in essence no one entity controls it. That is the basis and ideal of crypto currency operating in an ideal world. I think the control is to the people who actually owns the coins and holds it. Do lon as there are many floating unsold coins or coins that are just basically sleeping then you will see substantial movement from it price wise.
I think the major controller of cryptocurrency is exchange because once you listed your ICO in exchange then you have no control on it. Many cryptos together make crypto market and I can say that crypto market is controlled by exchanges. On the other hand I can also say that big whales also control the market because they can change the prices of different coins.
sr. member
Activity: 588
Merit: 250
October 09, 2018, 06:46:46 AM
cryptocurrency prices in this market are usually affected by the very high total supply and demand for bitcoin but for now the market price can also be affected by bad news that makes these traders panic so that it will cause up and down movements in the existing prices in the market.
jr. member
Activity: 350
Merit: 1
October 09, 2018, 06:17:39 AM
So far, the market is controlled only by whales, it seems to me, so decentralization has its advantages, but there are also disadvantages, but there are more advantages!
newbie
Activity: 94
Merit: 0
October 09, 2018, 06:09:56 AM
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.

I think that there is no such centalised body who have the control over the bitcoins or the cryptocurrency as you mentioned.
Going back to op, i think that it is us who control the price for bitcoins with the demand and supply going on. The high demand for bitcoins will affect in the rise for bitcoins and vice-versa low demand will affect in the price drop.
It will effect on market. Where Good news like contributing for bitcoin by investing big can give green signals. So its all depends there's no way to control it.
sr. member
Activity: 1246
Merit: 255
October 09, 2018, 06:09:45 AM
Yes, we "the users" make the influence on the price value.I have always imagined despite the unique character of being decentralized, why is the control still
Pegged down. The rate at which we make exchange, the price rises when demand rate is high. By this time, I guess they want people to expend their token.
legendary
Activity: 1302
Merit: 1037
October 09, 2018, 06:00:16 AM
Bitcoin and crypto market is now very vast market and not in one country but many other countries are also focus on this and those who are not using crypto now they are controlling the whole market and those who ave large quantity of bitcoin they have influence on the market.
It is we who control the market price I mean to say that the demand of people make the future of a product which can be successful.

Now, the market is stable and this is due to the equilibrium of buying selling method but this will boost up again as there will be increase in price after increase in demand. The market price will start its increase trend once we have another increase in demand rate.
member
Activity: 400
Merit: 59
October 09, 2018, 04:01:42 AM
It is normal for people and institutions with a large crypto portfolio to have the power to influence the market. I can't say that the crypto market is being fully controlled but they are make to effective the prices the rising and down.

They have the impact really. But then it is not really a huge impact. We can say that it is really the people who controls it. Or somewhat the investors. They are or we are the one in control of it. No doubt. If people invest the market will rise and if people sell then the market will down. This is the cycle.
hero member
Activity: 1148
Merit: 527
October 09, 2018, 03:41:15 AM
In my experience they calling them Whales who are manipulating some coins in the markets they doing the pump and dump but as I can see they been hired by that company or project to do that. Well as an investors we care about the situation in the market but a trader is not, he knows everything if he is an expert trader.
The real market controlling power is the power of demand and supply that maintains equilibrium in the market and set the prices is the demand and supply. Bit in the cryptocurrency market, we have so many factors including exogenous factors that control the market.

Whales no doubt do play their games to maximize their profits and there are government regulations as well that do not lag behind to controlling the market.
full member
Activity: 574
Merit: 108
October 09, 2018, 02:40:17 AM
The control on the cryptocurrency market relies on the activities of buyers and sellers. Thus, no individual body can truly hold the power of control to the cryptocurrency market. However, this does not necessarily mean that people cannot have a power at all. It does not mean that people do not have the influence in the cryptocurrency world that affects the market in general. Furthermore, due to its nature, there is no single authority that holds most of the power of control to the market since it is decentralized. To wrap it up, the control in the cryptocurrency market is not about a matter of concern on who, but how.
full member
Activity: 406
Merit: 100
October 09, 2018, 02:31:54 AM
I think people with big money have the opportunity to influence the behavior of small and medium investors, and this is the management of the market.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
October 09, 2018, 01:24:33 AM
No body controls the market but us investors ourselves. I myself don't believe in the whale thing that people say that is controlling the market but it does kinda makes sense that they will do so just to bring down crypto currency and prolong the volatility of the market. All I'm saying is that we should keep the control with us the people.
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