Topic: Who is really controlling the Bitcoin market. - page 3. (Read 2351 times)

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.

The question is do you even know when there is going to be a higher demand and when there will be a lower demand? Nobody knows where the market is really flowing to, although with the help of some certain tools, we are able to make some predictions, which we are not 100% sure about, of where the market would be heading to.

Nobody controls the market, what we do is just to speculate which direction it is likely to be moving to, but we can’t be certain about the predictions we are making. But sometimes you can clearly tell when the market is at its low level, and that is during a bearish time like we are in now, but you can’t tell the lowest. When the market becomes bullish it is also easy to tell, but you can’t tell what is going to be the peak price of the market before it starts falling again.

Exactly. Just because some countries have big mining farms doesn't mean that they control the entire crypto market. There are a lot of players involved, each looking for their own benefit. Whales and big exchanges are the ones who control the market the most. That, and also the fact that mainstream events can have either a positive or negative impact over Bitcoin's price.

All in all, I wouldn't worry much about the price, since it's all driven by speculation. With the ability to trade Bitcoin "over the counter" and through decentralized exchanges, it may be impossible to control or manipulate the entire market. Only centralized exchanges are easy to manipulate because of their single points of failure. Bitcoin is truly about decentralizing finance, so as long as it does the job well, nothing else matters. Just my thoughts

You are right but it would be compose of;


1. Institutional buyers
2. Companies
3. Whales/Billionaires

It isnt talking about manipulating that obviously but you could really tell that these things could
really act out on being manipulative.Why? They do have the finances or money for them to do so.
Somehow this market couldnt really be that easy to take some control on.

I think all buyers probably?

The market manipulators are controlling bitcoin market. There another name was whales. The big investors are controlling the market. They can dump market at any time and then buy back bitcoin from low price and then book their profit when its price pumps. These peoples are making millions of peoples by doing this. The big investors of bitcoin market are controlling the market. So, prepare yourself to keep away from sudden pump and dump in market. If you feel market is not stable then do not take any trade in market .Keep away from market. When it get stable then take any trade.

Always not to forget that who is own the more hashing power can get more mining reward than others who do mining. And by the halving is making it much more difficult for mining small businesses so the competition will become limited to the powerful ones .

Yes, whales or traders are the real people that control  bitcoin market by using a huge amount of money to make the price of bitcoin dump or pump.  Whales or traders can still make the price to dump by release more coins into the market to make the price to continue dumping  to cause people losses in their trade. This pumping and dumping is the handwork of demand and supply because where there  is high rate of demand in the market, it will makes the price of bitcoin to move higher for people to make a good profit but when there is a high rate of supply in the market, it gives opportunity to those traders waiting for low price to come so that they can buy as much they want and hold for future profit making.

In he early years of the invention of bitcoin it was thought that bitcoin is manipulated by the whales and they were also doing so but is now not possible in the recent time. In the recent time bitcoin is distributed to a wide range in the market and it is now not possible for some people to control bitcoin.

First of all, india has not legalized bitcoin. They have only proposed a law that is not yet implemented. Both India and china do not control the bitcoin market. A country that has the biggest bitcoin mining farms does not mean that they are controlling the bitcoins.

Practically no one can control this bitcoin market. It's all decentralized with no one in the power to control it.

Big whales and exchanges are the only ones who truly control the market. If it wasn't by that, Bitcoin's price wouldn't be as volatile as it is right now. As it's said in the real world: "Money Talks". When there's money to be made, you can expect the unexpected. I'd focus more on how Bitcoin can change our lives for the better than just looking at price charts everyday. After all, crypto is about utility. Not a means to make you rich quick.

Remember, 1 Bitcoin = 1 Bitcoin no matter what. It doesn't matter who controls the market as long as the underlying blockchain network remains decentralized. Hopefully, the market will stabilize after regulators come into play. Just my opinion

Market manipulation will not be effective no matter the level of anyone's level of intelligence if huge funds is not involved. No one can do that if they do not have the cash to buy and hold a lot of quantities of a token which they can sell off and cause fear in the market and then buy back when other investors begin to sell off too. You sell off your own and then wait for others to sell off their own below your price of sale and then you buy back on them. The first factor for manipulation is to have enough cash, then create panic or fear in the minds of those holding, and then buy back from the ignorant sellers.

That's the gist of it, some people think that it's the whales but no, they create the fear and greed moments that moves the people so that can only mean that they don't have the power alone to move the market because they're influencing a large amount of people just so they can move the market at favorable circumstances.

Actually that's your own suggestions and it is nice from my sight view, but for normal circumstances, everyone is aware of prediction Bitcoin knowing it is not to be perfect, the control of market of cryptocurrency comes from demand regulations, you kindly make point of demands and supply that it regulate and manipulate market standard for the traditional market not in crypto market, I don't want to go further in details but demands and supply is the function that remote cryptocurrency market mostly

Every trader looks for a point to enter into the market so as to attain the optimum best lowest price which he/she has set as a target, and when this is meet for the person in question, the lowest price has been attained (though, the price might keep on going down) but his target has be achieved. No one can Predict the market, but you can set your limit.


To some extent, the market can be manipulated (this mainly happens when the whales had great effect on every action they take). Technical analysis of the market do give a heads up on what's coming next, and with the little knowledge I have on forex trading, no matter how sure the technical analysis is, the fundamental analysis always takes the head lead, and the technicality is kept aside for the moment.

Truly, the more the demand, the more the increase in it's price, but what about the rejection and close down of some exchanges? We know most things like the Lost of mnemonics, phrase and keys to some wallets are no more in control of it's owners, and things like this keeps those coins off the market, though they are increasing and decreasing alongside every action that happens in the market.

The way the market was being manipulated years back (as at 2017 and earlier) cannot be the same as now, cause the massive adoption of Bitcoin from most governmental bodies and big investors, every form of manipulation becomes more difficult than it was before.

Learning never ends when it comes to this big world of crypto and it's behavior, I stand to be corrected if I'm wrong.

But the thing here is that Who are those people you are talking? is it small investors or the whales?

But the problem here is that Whales are truly the one who manipulates the market and they are controlling the market.

But if we small investors will do as one? then we are really the one who controls the market .

In theory, this is true that bitcoin is only controlled by the users. This is completely a game of demand and supply. The more there is demand, the more high the price of bitcoin because its supply is limited.

However, in reality, there are big whales, investors and exchanges who manipulate the market as they have a lot of bitcoin to sell and then rebuy and in this way, they keep on increasing their holdings and retailers are the ones who lose money by this manipulation.

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

No, the Law of Demand still applies in the crypto market that was the truth. In fact, if you could analyze the market trend carefully, you could see that once the market demand shot up, prices are soaring high as well, and once huge selling has been done, prices just drop as well. It all has the same effect and this law has been existing in all forms of business, crypto is perhaps considered as business as well.

And if to ask who does the control of the market prices? It's all just simple, nobody...

predictions are just a figure of speech if I have observed recently, indeed bitcoin movement is regulated by a lot of demand so that the price can go up and it can go down, everything is out of control,
and of course the law of demand only applies in the traditional market not in the crypto market