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Topic: Who is really controlling the Bitcoin market. - page 6. (Read 2331 times)

full member
Activity: 1512
Merit: 115
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.
Yes most of us do this but I don't think that means they are or can predict the market. It is just hopeful wishing that the market should go down so that investors can gain more from their investment.

Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
Manipulation cannot be ruled out. We do understand that there are big players in the market that can move the market and I believe so it is for other financial markets only this time, the crypto market is not regulated like the stock market so these whales can pretty much do what they want since they have the funds.
full member
Activity: 2184
Merit: 184
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Bitcoin is not control by government because is a decentralized currency that pump and dump at anytime in the community. No body can tell when the price of bitcoin will increase and when it can decrease for people to buy and hold for future profit making.
I guess buyers and sellers are the controlled of bitcoin market because whenever there is a surplus supply of bitcoin in the exchange market there will be few buyers in the market which will cause low price to the investors to make a good profit at the moment.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
The more people adopt Bitcoin, the less "control" from single entities. Although I very much doubt anyone has a lot of control over Bitcoin. But then again, even if there was a someone in charge, we would probably be able to see certain signs and clues. Bitcoin is too decentralised and too spread. Unlike fiat, there is absolutely no way to retroactively gain control of it or to hack it. The only way you could really be in control is if you planned for it in the earliest days of bitcoin when it was still new and unadopted.

There isn't anyone in-charge of the Bitcoin protocol, but there are a few big players in-charge of its supply. Mainly, big exchanges and whales are the ones who control the Bitcoin market. They have a lot of money to move the market in their favor whenever they want to. The situation on the crypto market is even worse than it's the case with stocks, as crypto isn't widely regulated as stocks. Without proper regulatory measures, the crypto market can experience heavy manipulation by the previously-mentioned players.

At least, governments are starting to control centralized exchanges. Once they successfully regulate the crypto market, market manipulation by centralized exchanges and whales will be practically impossible. This could mean the price stabilization of Bitcoin and other cryptocurrencies as we speak. Ultimately, what matters is decentralization. As long as Bitcoin stays decentralized, there should be nothing to worry about. Just my thoughts Grin
sr. member
Activity: 1778
Merit: 309
We really have to be careful with whales, because whales often manipulate to control the Bitcoin market. As we know Bitcoin price movements are based on supply and demand, therefore those who have large capital like whales can control the market. But because the increase in Bitcoin in 2021 is very high, now the price of Bitcoin is very expensive to be controlled by the whales.

As you said, the price of bitcoin becomes expensive and so does the price of controlling or manipulating the market is also an expensive move to make. Whales are always there trying to manipulate the market, but there's really nothing to worry about the whales because there's just a small impact if those said whales decides to dump the market.
The value of bitcoin now is currently below $40k, so it's natural to see some more dips this week as investors will likely sell their assets out of panic and certainly this crash now have nothing to do with whales but because of the people's uncertainty.
hero member
Activity: 1344
Merit: 565
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

Yeah, people predict the market but to me, it is more like hoping that the market will go down to buy more and go up after that mostly because of what they must have seen via TAs but TAs ain't always the ultimate determinant of market movement even though on a normal situation they are good indicators. As we have seen these past days when most were thinking the market is about to have an upward rally and boom Bitcoin is affected by the Wall street dump of stocks because of fear of what might be the outcome of the FOMC meeting in the coming days. But true, I believe that there are times when the whales kinda manipulate the market for their own gains, and this can't be ruled out. 
full member
Activity: 1176
Merit: 100
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bitcoin can't be controlled bitcoin is free but if someone like Elon Musk made a tweet maybe the market will change because Elon Musk is one of the influential people he can be able to increase the price of coin memes like Coin Doge it's proven that the market can be played by Elon.
sr. member
Activity: 1666
Merit: 268
Big whales are always in the position to manipulate the price movement of the market but i think the biggest factor that controls the bitcoin market is its supply and demand. If there is a high demand, its supply will be lessen and definitely we can see its price increase. And since bitcoin is the most in demand crypto in the market, so its not surprising that it holds the highest value among all coins. Also, we have news and social media events that gets to affect the bitcoin market too, and every time negative news hit the market, bitcoin value will be temporarily affected but eventually recover from the  dip after a couple of days.

We really have to be careful with whales, because whales often manipulate to control the Bitcoin market. As we know Bitcoin price movements are
based on supply and demand, therefore those who have large capital like whales can control the market. But because the increase in Bitcoin in 2021 is
very high, now the price of Bitcoin is very expensive to be controlled by the whales. Therefore, the decline in the price of Bitcoin now is because
many investors are taking profit, so don't panic too much when we see the market today. However, I am sure that investors who have taken profit
will definitely buy Bitcoin again and eventually the price of Bitcoin will rise again. Therefore people who can be patient holding Bitcoin, then
the opportunity to generate profit is wide open. Because Bitcoin can always recover, even if the decline is very deep.
legendary
Activity: 2282
Merit: 3014
This is the same thing as other financial markets. Or any other financial market for that matter. Sure there are normally groups of whales that can in large move markets but normally, depending on how mature that market is, only a slight amount. Otherwise markets work exactly how you said, they move based on buys / sells.
legendary
Activity: 2226
Merit: 1971
A Bitcoiner chooses. A slave obeys.
The more people adopt Bitcoin, the less "control" from single entities. Although I very much doubt anyone has a lot of control over Bitcoin. But then again, even if there was a someone in charge, we would probably be able to see certain signs and clues. Bitcoin is too decentralised and too spread. Unlike fiat, there is absolutely no way to retroactively gain control of it or to hack it. The only way you could really be in control is if you planned for it in the earliest days of bitcoin when it was still new and unadopted.
member
Activity: 98
Merit: 36
 I think the rise and fall of Bitcoin has to do with growth and acceptance of Bitcoin.
With the total number of people using bitcoin, advocating about it, I think this helps in controlling the market.
A positive news about Bitcoin now will send the Bitcoin price higher.
legendary
Activity: 1904
Merit: 1159
Most of the investors (including me) indeed wait for the price to go down. The nature of bitcoin, or the nature of cryptocurrencies, is that the more it goes down, the more chances of its increase. Back in 2017, we all just lost hope for bitcoin. It Was almost dead, but later, it broke all the records, and the final price went to $60,000. We don't always wait. We also build hope.

The movements and the possible fortunes of the market are difficult to understand for even experts, but as you point out; It has indeed been established as something that people want enough for it to bounce back. It's always good time to buy Bitcoin because it is the strongest and the only truly decentralized cryptocurrency going around.

The dip due to rumors of Fed rate revisions, geopolitical circumstances in Kazakhstan and the Omicron variant brought markets down everywhere and these apprehensions seem to be behind the pullback. Yet, going by the trend, it will come back. TLDR; I think it's a good time to stack sats from a long term investment point of view.
sr. member
Activity: 2436
Merit: 455
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

There's nothing certain in the world of cryptocurrency. Hence, most people use and do technical analysis to somehow see and "predict" what might happen to the trend of the coin in the next few hours, days, weeks, months, or even years. you have to remember that the market dictates the price position of a coin. If the demand is high, supply is low, the price value will be high. If the demand is low and there is enough supply or even more, then the price value will be low. The simple law of supply and demand is one of the factors why the trend of a coin is like that. Another factor could be the season of the market. In crypto, we have two seasons that we could utilize to our own advantage which are the bullish and bearish seasons. In these seasons, the positions are completely opposite. In bearish, the price of almost every coin is a dump, meanwhile, is bullish, you can see pumps. So you should also consider if you are planning to invest in the kind of season the crypto market is currently in to avoid regrets.

There are also people who we call whales who can play the massive pump and dump of the price of a coin. These are the people who either drop a big amount of coins or hoard them in which affects the price position of the coin in the market. There are also other external factors such as big personalities stating their stance and whatnots which could affect the market most especially if they have a wide audience (newbies) that easily believes whatever they has to say.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
The market is controlled by all of us , its just happened that we as small investors has no same action so the whales are succeeding in manipulating but if we will only have one stand? contributing our small investment will surely make it matter.

Because when whales starts to move the market down, many of small investors become scared and sell their coins making the act of whales favoring them as they can purchase in lower value, same as when they start to Pump? we tend to buy and buy and then they will full out their funds and again they are successful .

hero member
Activity: 2562
Merit: 577
As long as whales keep holding their position in the 'whale kingdom' they will always have the power to control the market, from the look of things, btc whale will continue to have this power of the market since not very many people can afford to buy big amount of btc because of the high price, the early adopters already have a big advantage because they have the chance to buy btc at a very low rate compare to now that the price is so high. This is how it will be.
full member
Activity: 2548
Merit: 217
Bitcoin is decentralized the reason why it looks controlled by somebody is because of the large investors we called as whales and the community itself as long as the bitcoin is still supported and in the market, many people will still make a trade, hold,  buy and sell those assets to earn profit. No one knows what will happen in the market but we can have a speculation through the data given from the previous years and the charts.
you forgot to mention the Miners mate in which one group that has been part of the circulation and in some chance also made some significant in the movement of Bitcoin .
but of course it is the whales that make it most matter because from the beginning they are the one who's being accused of market manipulations.
I sometimes believe that idea though sometimes i am not .
full member
Activity: 1358
Merit: 104
BTC is not centralized that someone can control it.I think bitcoin holders have good power control the crypto market. Decentralization will never be stable it goes Up and down.Bitcoin is most popular coin and most valuable coin right now.Since 2017-2020 Bitcoin price was around little but look at 2021 Bitcoin price reached $66k+.I think bitcoin price will be more increase in future.
member
Activity: 868
Merit: 38
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When you hear issues to do with control, mostly people are referencing to the hand most governments have in the running of the state owned currency but unlike fiat... control lies in the people which is influenced by supply and demand mainly and some influence comes from external factors such as financial policy, a bit of political control here and there. But ultimately control of most cryptocurrencies comes from its users, the people.
Bitcoin holders have great power to control the market. Although what you say above is true, government policies that slightly irritate bitcoin also have an effect. But the influence is not so great compared to the holder. I think when a country talks about bitcoin, there is an advantage in it, because then many people are curious. From that curiosity I think not a few people will be interested.
Bitcoin is not centralized that some body can control, if holders possessed the power to control Bitcoin that means Bitcoin is not decentralized again, their can only decide not to release their Bitcoin but that does not mean they have the power to control Bitcoin particularly, i understand you but try and understand my explanation
legendary
Activity: 2576
Merit: 1875
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Bitcoin is decentralized which means no one person or company can control it.Yes, bitcoin can be manipulated by directly or indirectly for example positive or negative news can trigger panic sell or pump, whales also affect bitcoins price like any other investment options.Every investment options can be manipulated. Bitcoin is just too volatile to predict where prices would go.
^ Definitely right, as the as other investments when it comes to the market price BTC is also can be manipulated when it comes to the price but if someone who will ask who controlled BTC, there is no single entity who is controlling BTC or even a company behind the BTC because BTC is decentralized and controlled on it. Some reason why whale takes such actions, making fake news that makes traders becomes FUD and FOMO in order to that new investors will be afraid and sell their holding coins that become too lowes the price.
You are right and this is the beauty of the BTC market, many seek support, just as they do in the Stock Market, but the support of BTC I think is its Blockchain technology, its support is in the Law of Supply and Demand, the whales of BTC, the fact that it is not controlled by anyone is what makes this unique and as if this economy did not belong to this world, it is an alternate economy where debt ends and inflation does not exist, I think who want to move the BTC market is because you have a good amount of money, and one of these things is "emotions" emotions move the market as they want, they are affected by fundamentals and different news that have a global impact, sometimes even by certain people who tend to be influential in the world.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Ideally no one should control the bitcoin price but in reality, the whales are still in control and they can move the market up and down. The biggest whales these days are the exchanges. The exchanges can easily manipulate the prices because they have a lot of funds and also they can easily liquidate people and getting more rich. The futures market is all about bitcoin price manipulation.

Not only exchanges but miners & stakers too. There's lots of money to be made, so expect constant price manipulation by these entities. This really doesn't matter, since Bitcoin was never about the price. What really matters is decentralization & censorship-resistance. Bitcoin serving its purpose as a decentralized cryptocurrency anyone can use worldwide, is more than enough for it to succeed in the long term. Price-wise, you should take every opportunity possible to make profit. There will be ups and downs, but if you manage to play the game, you'll be on a road towards financial success.

Hopefully, the market will stabilize in the future as regulations come into play. The bigger the crypto market grows, the more attention it'll bring to mainstream governments. Regulations are inevitable, so whales' game will not last for long. Just my thoughts Grin
sr. member
Activity: 1526
Merit: 252
When you hear issues to do with control, mostly people are referencing to the hand most governments have in the running of the state owned currency but unlike fiat... control lies in the people which is influenced by supply and demand mainly and some influence comes from external factors such as financial policy, a bit of political control here and there. But ultimately control of most cryptocurrencies comes from its users, the people.
Bitcoin holders have great power to control the market. Although what you say above is true, government policies that slightly irritate bitcoin also have an effect. But the influence is not so great compared to the holder. I think when a country talks about bitcoin, there is an advantage in it, because then many people are curious. From that curiosity I think not a few people will be interested.
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