in my opinion, and I am also a beginner.
In my opinion, the things that affect the price of bitcoin are of course various kinds, ranging from the weakening of the world economy and so on. because the weakening of the economy will certainly affect the price of bitcoin, because if the economy is advanced, the price of bitcoin will certainly rise, and if the economy is weak, of course the price of bitcoin will go down, because many people are selling it. and also in my opinion it could be a factor in the decline of bitcoin that was caused by the psychology of many people. a simple example like this. for example there is news and the news tells that there is someone who is going to buy bitcoin and that person is an influential person in the world, then psychologically people will think and they believe that the price of bitcoin will rise and eventually those who see the news will buy bitcoin, and indeed when That's bitcoin the price goes up immediately. and it is caused by the psychology of many people.
and that's some small examples, in my opinion
Topic: Who is really controlling the Bitcoin market. - page 2. (Read 2337 times)
the global media only spread false news with the aim of destroying the value of bitcoin itself, so I think the people who control the market are the people who own a few bitcoins and even more than . with more demand they can play prices and vice versa if the market is falling they take profits back by buying below
Only fake news is too dramatic, there are certainly many and poorly researched. Yes, that makes many of them incorrect, but with the aim of destroying Bitcoin... not really. People could influence the price, but that shouldn't be little bitcoin with a daily volume of $23,000,000,000. Exchanges be a part of it.The media is usually manipulated by the government, so we shouldn't be surprised to see them spread FUD in order to negatively impact Bitcoin's market price. Depending on their interests, they can either liven up the hype or "destroy" Bitcoin's reputation altogether. The ones who really control the market are whales. Big exchanges and wealthy people are the ones included in this group. Prices either pump or dump depending on where they want Bitcoin's price to go. We can't do anything other than play by their rules.
That is also true, money rules. Those with the most power can control the most. 
A part of the control is taken by the global media. They influence people's opinions and they the market with their actions. We know it as FUD or FOMO and it works temporarily. But I would also say that the demand for Bitcoin is important. More acceptance, the more it is controlled by many people and maybe easier to read.
The media is usually manipulated by the government, so we shouldn't be surprised to see them spread FUD in order to negatively impact Bitcoin's market price. Depending on their interests, they can either liven up the hype or "destroy" Bitcoin's reputation altogether. The ones who really control the market are whales. Big exchanges and wealthy people are the ones included in this group. Prices either pump or dump depending on where they want Bitcoin's price to go. We can't do anything other than play by their rules.
If you play it safe, you'll be able to profit within Bitcoin's ups and downs. Otherwise, you'd become "rekt" in an instant. I wouldn't worry about the price as long as Bitcoin works as intended. Just my thoughts
A part of the control is taken by the global media. They influence people's opinions and they the market with their actions. We know it as FUD or FOMO and it works temporarily. But I would also say that the demand for Bitcoin is important. More acceptance, the more it is controlled by many people and maybe easier to read.
as we simply put it, it is the supply and demand that moves the market. but identifying who are controlling the market? it is like punch in the air. no one can pinpoint who are actually majorly influencing this market. we are just observing who are major players or influencers in this market and yet, we can't tell that they are the ones moving this market.
A part of the control is taken by the global media. They influence people's opinions and they the market with their actions. We know it as FUD or FOMO and it works temporarily. But I would also say that the demand for Bitcoin is important. More acceptance, the more it is controlled by many people and maybe easier to read.
as we simply put it, it is the supply and demand that moves the market. but identifying who are controlling the market? it is like punch in the air. no one can pinpoint who are actually majorly influencing this market. we are just observing who are major players or influencers in this market and yet, we can't tell that they are the ones moving this market.
A part of the control is taken by the global media. They influence people's opinions and they the market with their actions. We know it as FUD or FOMO and it works temporarily. But I would also say that the demand for Bitcoin is important. More acceptance, the more it is controlled by many people and maybe easier to read.
Yes, Investors play an important role in making the market up and down but there are many factors which no one can tell like covid came in 2020 and after that the price of bitcoin rise up and then went down then this Who's doing it all? Can anyone tell? I want to know
You want to know "who controls" the course of history.. A very philosophical question. Did Napoleon "control" the outcome of the Napoleonic wars? He surely tried.. but failed.
Also in the Bitcoin Market.. Humans try to control everything.. but fail miserably.. most of the time.. Some manage to control niches.. then they become "Bill Gates".. Until he cheated on Melinda and got caught.
Puns aside.. no-one controls anything in the BTC Market.. It is a free market, albeit an illiquid one which reflects the fair price between demand and supply for a scarce item like BITCOIN.
From the subject matter and the OP explanation of the topic. I will start with 3 commonly used words and explain them to portray my points.
1. Whale: As it is said time without number. These are bitcoiners who own the highest bitcoins, they are also known as the wealthy ones in the Crypto space. Now these determine the prices of bitcoin/Cryptocurrencies in the ecosystem. They buy a lot and they sell a lot. So that that causes the inflation in market.
2. Bull: The demands of the whales caused the bull Market.
3. Bear: The supply of the bitcoin by the whales caused the bear Market.
Therefore, in any market of the 2-3 are caused by the whales.
1. Whale: As it is said time without number. These are bitcoiners who own the highest bitcoins, they are also known as the wealthy ones in the Crypto space. Now these determine the prices of bitcoin/Cryptocurrencies in the ecosystem. They buy a lot and they sell a lot. So that that causes the inflation in market.
2. Bull: The demands of the whales caused the bull Market.
3. Bear: The supply of the bitcoin by the whales caused the bear Market.
Therefore, in any market of the 2-3 are caused by the whales.
Yes, Investors play an important role in making the market up and down but there are many factors which no one can tell like covid came in 2020 and after that the price of bitcoin rise up and then went down then this Who's doing it all? Can anyone tell? I want to know
By definition, decentralize means “ to move the control of an organization or government from a single place to several smaller ones. The same goes for the Bitcoin network, except instead of “several smaller places,” the control of the system is delegated to thousands of nodes - people who choose to run the Bitcoin software on their computers. No central authority makes decisions in regards to the Bitcoin network; instead, everyone gets to call the shots. No one owns Bitcoin technology, so there is no hidden mastermind who controls Bitcoin. It is users around the world who control Bitcoin. Anyone is free to develop and improve the bitcoin software. Likewise, anyone is free to choose which version of the software they want to run. However, to make it a usable, network, users must come together and run compatible versions of the software. In the end, a strong network requires everyone to operate within the same rules, and that’s how bitcoin consensus is reached - by the majority vote. These are all its theoritical points according to its characteristicshttps://xtrading.com/financial-questions/what-characteristics-does-the-bitcoin-system-have/.
BUT, IS IT REALLY SO?
BUT, IS IT REALLY SO?
Those who control the market are those who have large amounts of bitcoin in their wallets, for example, elon musk sells all his bitcoin assets of course bitcoin will go down as well as if elon musk makes news of buying bitcoin and accepting bitcoin as a medium of exchange with tesla of course the price of bitcoin will go up , so I mean if a big whale like Elon plays the market then it will probably happen.
Your whole trading career is based on the predictions you make. And it’s quite understandable that you won’t be 100% correct with your predictions. And like you, there are so many other people in the market, which makes it quite clear that supply and demand make crytos move.
Another thing is that even if one country should ban cryptocurrency, and they happen to be the location where majority of the cryptocurrency mining takes place, the cryptocurrency mining farms would still move their farms and relocate to another country where things would be in favour of them and they wouldn’t have to face any problem with the law by mining cryptocurrency. So, the location doesn’t really matter, it doesn’t matter whether a country has majority of the cryptocurrency miners, no one is actually going to control Bitcoin.
We can see even when China decided to ban Bitcoin from their country, a lot of the Bitcoin miners there decided to move to other countries. We started to see increase in the mining share of other countries such as Russia and the US.
We can see even when China decided to ban Bitcoin from their country, a lot of the Bitcoin miners there decided to move to other countries. We started to see increase in the mining share of other countries such as Russia and the US.
That's the beauty of decentralization and censorship-resistance. If Bitcoin was controlled by a single player, it would've died after the "China ban". Only centralized exchanges can be controlled due to their "high concentration" of power. Whales can manipulate the Bitcoin price all they want, but they won't be able to manipulate the network itself. It really doesn't matter how much a Bitcoin is worth in terms of Fiat as long as it works as intended. People can still use Bitcoin regardless of the price per coin. Always remember that 1 Bitcoin is 1 Bitcoin no matter what. As long as it remains decentralized and censorship-resistant, nothing else matters. Just my opinion
It is the Whales at times and common people most of the time. Whales make large volume of transaction and this makes panic among the small scale investors. This panic will make users to sell it out. These days the war is expected to make big changes in the market downwards. But, people using it due to the prevailing situation have increased the investment over bitcoin than selling. So, it is quite hard to find who is controlling the market.
When it comes to price manipulation, we usually refer to the wealthy. Such is the truth. Every financial market has big player behind it. They can dump at any time and can buy back at low price by spreading FUDs to small investors panic sell.
The crypto market is the most susceptible to manipulation because the marketcap is very small compared to the stock. So always be on the lookout for dumping and fake news being spread.
The crypto market is the most susceptible to manipulation because the marketcap is very small compared to the stock. So always be on the lookout for dumping and fake news being spread.
No people really control the market, but whales or a group of big traders have the power to dump-pump the price. Sometimes the demand can be created by spreading good or bad issues. If people are influenced by the issues, they may be interested to buy more or prefer to hold their capital, depending on what issue it is. Whales or big traders won't do this all the time, that's why I said no people fully control the crypto market.
Maybe you're right. After all, the crypto market extends far beyond centralized exchanges. Whales and big traders may manipulate centralized exchanges, but they can't manipulate decentralized exchanges and/or atomic swaps (at least not yet). What greatly influences Bitcoin's price is stuff that happens in the mainstream world. Whenever something good related to Bitcoin happens in the real world, prices go up. Otherwise, not. We've entered a period where hype has faded away, leading us to price stagnation across exchanges. This happens all of the time, so it should be the least reason to worry about. What matters is that Bitcoin at its core, remains decentralized. As long as it stays that way, no one will be able to control it. Just my thoughts
The control of BTC is very varied, at one point the bears can control it, I say the bears but it can be 1 person or many people, it is not known, only who can move the market that is approximately with more than $1500M that they can do something, however, the bull whales that have always been in the market, the way they move the market is with movements in short, in short because they always enter buying cheap, a rich man never buys expensive, the true rich buy cheap and if not It's cheap, look for a way to make it cheap, that's why they always wear shorts. Apart from that, the one who controls the market the most are the emotions of the people, it is incredible, but the emotions do everything.
Bitcoin Market is controlled by BTC users. BTC company only manage the blokchain and make stable in use. Proce and other things are in users hands.
Exactly the point, so many people dealing on BTC really don't understand how it works, theirs is just wish the aim of making money, how can you know when the market has low prices commodities or products before you go in to make demand,or are u telling me til the market value comes down you wont purchase a thing for your personal or family consumption, we should be ready to take risk, we all know all these problems is as a result of too many scammers online, we should be careful but then we should take risk to gain more
There's a saying " Take risk to get the Biscuit "
There's a saying " Take risk to get the Biscuit "
I agree. Even though bitcoin or the whole cryptocurrency market is decentralised, the big investors can still manipulate the market by making big transactions.
It's not new and has been discussed as always.People that have big money to invest in the market or we call the whales have the power to move the market somehow on the likes of theirs.
If they want to dump the market, they would do it and the usual thing they do is to make a news, a FUD that will make everyone panic and play with their emotion.
People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins
There is one thing I discovered from your article. The title of your article doesn't tallied or rhymed with your content.
The title says " Who is really controlling the Bitcoin market?" And the content is talking about the inflation of Bitcoin..that is contradicting.
If I may say to concerning your topic. "Who is really controlling the Bitcoin market?" I believe IMF and world bank and creator (the Capitalist) of the currency.
So they make the rising and falling of the currency to have equalibrum in the currency exchange market
Jump to: