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Topic: Who is really controlling the Bitcoin market. - page 7. (Read 2337 times)

legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
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.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
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.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
There are lot of things that can determine where the market is really heading to. Basically, it is the more that we have the demands, the more the price is going to increase. But that doesn’t mean that manipulation can’t take place. Manipulation means that the market is being played to be in favour of the perpetrators. They make attempts that affects the supply and demand in the market. And if you look at it, it still goes down to that same supply and demand, these people are tampering with the supply and demand which will in turn affect the market price to favour themselves.

So, with this we can see that it is all about demand and supply, but there are still events that takes place to affect the demand and supply. It’s just like when there was covid-19 and the market went down in price. That is because the demand in the market was affected by this event and led to people selling their assets, and this in turn leads to the market dropping in price.
hero member
Activity: 2688
Merit: 588
recently I figured that in some places paying with cryptos can be more profitable than using a credit cards or other common methods, especially paying for goods internationally.. so in some countries currency conversion rates go over 10% fees between buy and sell price, so in final you get all your purchases majored by over 10% the original price.
That’s right. I usually tell people that it doesn’t really matter which currency you’re making use of, it is all about the situation you’re into and which one of them would serve you better, you simply make use of that. I usually use myself as an example; I have a remote job and working for a company that is in a different country which I can only visit once in a while. And before I discovered Bitcoin I would usually receive my money through bank or any of those payment methods such as PayPal, and Payoneer, which usually cost fees for me.

But, since I discovered and told my country to be paying me in bitcoin, I have been receiving my payment same minute and stands to gain more because I don’t have to pay fees, rather I even make more money after I have sold my coins at black market rate using local exchanges. So it’s usually all about where a particular currency would serve you best and you can make use of it there.
legendary
Activity: 2576
Merit: 1248
It is unknown at this time what he will do after leaving the post.We can see that the bitcoin market is going up and down a lot now. The market would be very stable if we knew exactly who is controlling this market.
the market would be more stable, or very stable, if he's use for transacting, payments.. etc. is greater..
the equation is simple:
more regular transactions = bigger velocity = price more stable .
That is a good idea, but still very scarcely adopted right now, even though bitcoin is already almost 14 years old. I think what should happen in order to increase bitcoin usage as currency is to offer discounts for purchases made through bitcoin. If businesses are able to do this many people will convert their local currencies into bitcoin, just to take advantage of the promotions and this way adoption will fastly increase like never before.
The point so far is that it doesn't make sense for people to use bitcoin in their daily life as payment method, because fiat totally supplies their demands, but once an attractive is created and offered to bitcoin enthusiasts, this scenario completely changes.

So in the end of the day we have a much more stable bitcoin resistant to whales' manipulation.
 Yes, maybe payment processors (like those who provide sellers with the possibility to accept cryptos) maybe partenaring and managing with some companies specialized in trading can provide a kind of these promotions..

 That's not all, recently I figured that in some places paying with cryptos can be more profitable than using a credit cards or other common methods, especially paying for goods internationally.. so in some countries currency conversion rates go over 10% fees between buy and sell price, so in final you get all your purchases majored by over 10% the original price.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
It is unknown at this time what he will do after leaving the post.We can see that the bitcoin market is going up and down a lot now. The market would be very stable if we knew exactly who is controlling this market.
the market would be more stable, or very stable, if he's use for transacting, payments.. etc. is greater..
the equation is simple:
more regular transactions = bigger velocity = price more stable .
That is a good idea, but still very scarcely adopted right now, even though bitcoin is already almost 14 years old. I think what should happen in order to increase bitcoin usage as currency is to offer discounts for purchases made through bitcoin. If businesses are able to do this many people will convert their local currencies into bitcoin, just to take advantage of the promotions and this way adoption will fastly increase like never before.
The point so far is that it doesn't make sense for people to use bitcoin in their daily life as payment method, because fiat totally supplies their demands, but once an attractive is created and offered to bitcoin enthusiasts, this scenario completely changes.

So in the end of the day we have a much more stable bitcoin resistant to whales' manipulation.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
However, no one can control the bitcoin market and even create a precise prediction for its price. Although everyone has the right to predict, but not everyone is able to make right predictions  as we are just into wild speculations and educated guesses.

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.

if the exchanges are manipulating their own exchange then that is against the law, they should be reported to the regulators. Actually, I don't believe that because exchanges like Binance which is one of the biggest if not the biggest are already making a lot of money from trading fees due to a huge trading volume they have, so they don't need to do such thing that would put their business into compromise.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
However, no one can control the bitcoin market and even create a precise prediction for its price. Although everyone has the right to predict, but not everyone is able to make right predictions  as we are just into wild speculations and educated guesses.

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.
hero member
Activity: 2982
Merit: 610
Market can be manipulated by many ways but small investors can't do such things but most probably whales with thousands of coins with them do so like selling at top which creates the prices to dip a little and rest panic sellers and newbies do in their favour by dumping their coins and in return whales again buy at dips and accumulate more.That is why it is said weak hands sold to strong.The FUD is another concept which creates market sell off but we can't say it is controlled by anyone because it's not as this is the beauty of decentralisation.
We always put blame on these whales as they are capable of doing it...in many ways. But why we should have to think this as to whether we like it or not, manipulation will certainly exist. And besides, people are too happy with the situation where the market isn't stable. Having the chance to buy low and sell high, I'd preferred to have this manipulation thing than nothing.
I don't mind who is controlling the market as for the fact that we are still benefiting from the hypes and lows that these people made.
full member
Activity: 1834
Merit: 166
Market can be manipulated by many ways but small investors can't do such things but most probably whales with thousands of coins with them do so like selling at top which creates the prices to dip a little and rest panic sellers and newbies do in their favour by dumping their coins and in return whales again buy at dips and accumulate more.That is why it is said weak hands sold to strong.The FUD is another concept which creates market sell off but we can't say it is controlled by anyone because it's not as this is the beauty of decentralisation.
legendary
Activity: 2576
Merit: 1248
It is unknown at this time what he will do after leaving the post.We can see that the bitcoin market is going up and down a lot now. The market would be very stable if we knew exactly who is controlling this market.
the market would be more stable, or very stable, if he's use for transacting, payments.. etc. is greater..
the equation is simple:
more regular transactions = bigger velocity = price more stable .






I think it's about who has more power over the market and who can control the bitcoin market at the moment. For that I can analyze according to the current market condition if the market can be controlled by the owner of the largest asset holder.
what power are you talking about? It should be more relevant to talk about common interests!
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
I think it's about who has more power over the market and who can control the bitcoin market at the moment. For that I can analyze according to the current market condition if the market can be controlled by the owner of the largest asset holder.
legendary
Activity: 2226
Merit: 1086
duelbits.com
Weak hands are mostly affected by this whale's manipulation because they easily panic and decide to sell their coins without even thinking its consequence. But if they only went to research first and create good analysis, they will not tend to loss in the end.
Indeed. Weak hands or those people who have lack knowledge about crypto market, probably are affected by the manipulation since they don't understand it. While experienced holders and smart people who always analyze the situation carefully, won't be affected because they know that it is only manipulation made by the hungry whales.

~ those negative news and events create negative effects in the market which will result into sudden decline of the crypto prices.
Those negative issues are probably created by the whales, then they spread the issue on the forum or social media. They know some people can be panic about the issues, so they can take advantage of it. Sadly, still many people can be affected because they are not careful enough to analyze the issues.

As long as you buy low and sell high, you'd have nothing to worry about. Just my thoughts Grin
100% correct. Even you are affected, as long as selling at a higher price you still make profits.  Cheesy

legendary
Activity: 3122
Merit: 1140
Let the whales do the manipulation, we can't stop the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.

There's no way we can stop the whales' manipulation, so its either we'll learn to ride with it and make profits. But for most newbies, this brings more threat for them so they easily panic and resort into panic selling and create losses in the end.

However, no one can control the bitcoin market and even create a precise prediction for its price. Although everyone has the right to predict, but not everyone is able to make right predictions  as we are just into wild speculations and educated guesses.
Manipulative kind of act would be always a whales specialty whenever they do see opportunities for them to make profits then this is where they do make out involvement and there's no way to stop those big players

on the top on making out significant move which could really make out some significant impact on the market but somewhat this market isnt something that could be easily be controlled considering the circulation

doesnt only rotates on them or simply it has circulated around the community which means it is not 100% that they would really be leading off.
hero member
Activity: 3052
Merit: 606
Let the whales do the manipulation, we can't stop the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.

There's no way we can stop the whales' manipulation, so its either we'll learn to ride with it and make profits. But for most newbies, this brings more threat for them so they easily panic and resort into panic selling and create losses in the end.

However, no one can control the bitcoin market and even create a precise prediction for its price. Although everyone has the right to predict, but not everyone is able to make right predictions  as we are just into wild speculations and educated guesses.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.

Of course. You should never be intimidated by whales' market manipulation, since they only do what they consider best for their pockets. If you're smart, you'd take advantage of Bitcoin's ups and downs to make profit in the short term. It's all about playing the game in order to become financially independent in this wild and crazy world of crypto.

Believe me, not all that glitters is Gold. There are tons of coins that are hyped, but not all of them provide real use cases in the mainstream world. "Meme" coins like Dogecoin and Shiba Inu are basically useless, since their price is only driven by speculation. Not like Bitcoin where price is driven by real demand. The pioneer cryptocurrency is extremely useful as a store of value and a cross-border payment system that is censorship-resistant. It doesn't matter if it goes down the drain now, since the best is yet to come. As long as you buy low and sell high, you'd have nothing to worry about. Just my thoughts Grin
hero member
Activity: 2856
Merit: 667
Let the whales do the manipulation, we can't stop the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.

Weak hands are mostly affected by this whale's manipulation because they easily panic and decide to sell their coins without even thinking its consequence. But if they only went to research first and create good analysis, they will not tend to loss in the end.

The fact that we know bitcoin is decentralized, then no one can control it except for those big whales who are holding significant amount of bitcoin so they tend to manipulate the market. Other than that, those negative news and events create negative effects in the market which will result into sudden decline of the crypto prices.
legendary
Activity: 2226
Merit: 1086
duelbits.com
Let the whales do the manipulation, we can't stop the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.
sr. member
Activity: 1876
Merit: 318
There is nothing we can do with those big whales as they will always manipulate the market whenever they want. And as much as possible, the end result will always be for their own advantage, depriving those regular investors from their own chances.

Well, no one can really control the bitcoin market as it cannot be controlled because its decentralized. But, in most of the times, the higher growth of massive adoption  can create positive price for bitcoin. Also, the market trends and sentiments will always affect the price of bitcoin and altcoins in the crypto market.
Those whales would be always existing whenever or whatever market you've been dealing with which there's nothing we can do because they would really be jumping into something which they could make out  profits

on having those kind of manipulative kind of acts but its somewhat that possible on having  those influence that they could put through on a certain market neither forex or crypto or stocks.
How to deal with them? Better go with the flow and wont be tending on getting against on the trend because you would definitely be losing up money and somehow
letting go with the flow is the hardest thing to be done.

Although whales can manipulate the price of Bitcoin, we don't need to be afraid and have to get used to the presence of whales. As long as
we can understand how Bitcoin works, we will understand when to buy Bitcoin and when to sell Bitcoin. Indeed, due to manipulation by whales,
the market often moves not according to our expectations and that is indeed a risk that we must face. As you said it would be better if we start
to go with the flow, because we will begin to understand the right moment to make a profit. Let the whales do the manipulation, we can't stop
the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.

When whales make a dump, but we must holding Bitcoin we have or buy more Bitcoin, then when the whales make a pump, we immediately sell
the Bitcoins we have when we make a profit. We can also allow the market to be volatile due to manipulation by whales, then we only focus on
holding Bitcoin that we have until the target we have set is achieved. That way we can make a profit too, so there is always a way to make a profit
from Bitcoin.
legendary
Activity: 2674
Merit: 1048
for now, we have no clue if they are holding btc or not. even if they declare they are out of crypto, we can never tell if they are holding their own stash or not. if you know chinese, then, you understand that what they are saying is not the absolute truth. but right now, i don't think china has something to do with bitcoin market. i am more on the actual demand and supply concept here.
no one can actually control the btc market. or at least single out certain government or individuals that can influence the price movement. it is a combination of so many factors.
Technically if you own the mining farm in a low cost electricity like in china and do get rewarded bitcoin through that mining proccess and you are doing it in large scale .. then splash the money in the market to get the 51% attack , you are good to go to control it despite it's like nearly impossible to do but yeah we speak scenarios ...

as such things are something that nobody can have a sure information , just speculation all the way!
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