Whales are Playing

[kryptonick 2659]

Whales can't be controlled they will always play these games and until we understand that we don't have to sell and feel scared because they move thousands bitcoins we will lose money. So I'm suggesting to hold and not worry as for years now many whales changed and many of them don't want price to go down anymore.

[Zeshan Khalid 2577]

Since there are no limits on the amount of currency any one person can hold there is not much that can be done against crypto whales. Placing a limit on how many tokens they can buy would be akin to centralising the system.

On the bright side, most crypto whales are simply a silent menace as they are holding onto their investment. But the day they decide to sell off watch out for the Tsunami

[Swapzone 174]

Actually, whales partially control the market price of Bitcoin and other crypto, they can manipulate the Bitcoin's price for a certain limit. This is the reason Crypto Markets are often considered as very volatile.

[Omar Ommeish 4872]

I think it is impossible to control them because they are the ones controlling the market and can influence all cryptocurrencies, but we must be careful because this could make us lose a lot of our money.

[ajabe2 1485]

In any small market whales do playing. the crypto market is small relative to other assets, and it move up or down by large volume. so whales can short and long the market and then move the market in the direction they want. But this is very good because we can be certain the market won't crash completely.

[khan22 3478]

Whales are always playing and they make money through this playing when the want they will increase the coin value which they like and when they want they will decrease the coins value also and make profit like this. Soon they make a great pump to the BTC and that time it touch the sky.

[duncun007 3577]

On 9/24/2020 at 6:26 PM, kryptonick said:

Whales can't be controlled they will always play these games and until we understand that we don't have to sell and feel scared because they move thousands bitcoins we will lose money. So I'm suggesting to hold and not worry as for years now many whales changed and many of them don't want price to go down anymore.

well the thing is, whales can always scare away newbies and also scare away big businesses from crypto because no sane business will invest in a market that is controlled by a few people who bought in early.

[Mella 3680]

I am not think whales are here to ruin the market, if they could they would have made it go bellow 1000 in 2018 but they didn't they wanted the price to be higher so they are trying for this and I am think they are work as a team and remove from exchange bitcoin to hold for long term.

[Soikot1996 0]

I think these whales are trying their best to drive bitcoin by themselves, and bitcoin can't be marketed properly because these whales are getting all this to get rich when it comes to bull run.  I also think that the whales are basically playing to get rich and to reduce the true value of Bitcoin.

[Maaz sultan 265]

On 1/20/2020 at 4:36 AM, Roomi said:

It is looks like whales are fighting today as bitcoin dumped with $500, after that it further dumped from 8750 to $8450 in just only 20 minutes and again pumped back to $8720. It is straight forward manipulation is going on. What do you guys have views about, how can these whales could be controlled not to ruined market.

I agree that these are many institutes that have some kind of control on bitcoins market and i have watched that many mining companies making some bitcoins per day and if they are collecting these bitcoins then this become true .

[duncun007 3577]

On 9/26/2020 at 9:06 PM, Maaz sultan said:

I agree that these are many institutes that have some kind of control on bitcoins market and i have watched that many mining companies making some bitcoins per day and if they are collecting these bitcoins then this become true .

we all know about grayscale and their boat load of bitcoins they bought over the years, they are now one of the big market players and this will cause us lots of profits the more big institutions come to play in crypto.

[Naga 1250]

On 9/26/2020 at 7:23 PM, Kareemramzy83 said:

It is difficult for whales to play in the Bitcoin market. The Bitcoin market is one of the largest markets and it is difficult for them to play at the price of Bitcoin. They can play in small currencies and not in a currency like Bitcoin.

yea well seems like you are new in the market, because everyone knows that the crypto market is always manipulated by those who bought in early in 2011.

[Michaelx018 0]

The highly fluctuating nature of the Bitcoin can be to an extent be manipulated by The whales in my opinion Bitcoin is is displaying such a tendency just because it has a nature to do so, even if there was a sudden dip in the market value, it is almost 100% that it will rise again.

[Sergiowa 135]

On 20.01.2020 at 01:36, Roomi said:

It is looks like whales are fighting today as bitcoin dumped with $500, after that it further dumped from 8750 to $8450 in just only 20 minutes and again pumped back to $8720. It is straight forward manipulation is going on.

 

I doubt they are fighting. They do play as you mentioned in the topic. The entire market is built on manipulation. If the traded asset is held by small number of traders it occurs every now and then. 

On 20.01.2020 at 01:36, Roomi said:

What do you guys have views about, how can these whales could be controlled not to ruined market.

 

And no, they will not ruin the market. The ojective is to maintain interest in the market and when it is hot just dump to the level where the whales are willing to buy back the assets sold high. So we just need to study the market and try to find those moments when whales buy and sell.

[yonkii 3205]

I have heard there are many whales in Bitcoin but also that they only have power if they act combined and as a team. Right now we see many Bitcoin buyers and they don't have to dump the price but maybe they have some plan like that if they see weakness. I hope for the good of all of us whales stop selling for all year and we can start with price rising again.

[Radhika332 106]

They are always use to. Because they want to grab bitcoin and cryptocurrency in very low price. That's why they usually play with people's imotion by spreading a panic news by the newspaper. That's why to counter the movement , some trading channels are made. That's why expert trader always says that always control imotion while trading.

[Gans95 19]

I personally heard that there are many whales in Bitcoin, but they are only valid if they act together and as a team.

[fzdesign 50]

11 minutes ago, Gans95 said:

I personally heard that there are many whales in Bitcoin, but they are only valid if they act together and as a team.

I agree they are not going to achieve anything by fighting each other they should come to an agreement 

[Rawad933 159]

Buying very large amounts of cryptocurrency and then selling it literally destroys the cryptocurrency market and I don't think the whales want it because destroying the market destroys their budget and I don't think they want it

Edited October 5, 2020 by Rawad933

[setifien 1016]

On 9/26/2020 at 7:02 PM, Soikot1996 said:

whales are basically playing to reduce the true value of Bitcoin.

No, what whales actually are doing is try to get maximum profits from btc moves (of course they contribute to make these moves) 

[Mosab73 333]

When whales manipulate, this leads to a rise or fall in prices in the market. Bitcoin price fluctuation is a result of market supply and demand. If we look at its current price ranges between 10,‭‭000‬‬ and 11,‭‭000‬‬, $ for me currently I prefer to make money by supporting good content posts.

[hatambaba 1064]

Factors that affect the cost of crypto currency, too much. In addition, they may differ for different crypto assets. There is an opinion that the fundamental factors have no influence, but this is not entirely true. Indirect influence on the pricing of digital money they have.

[Uda4nik 19]

Where investors have been anticipating reaching this level and are ready to sell once it is achieved, which from what we see, already nice.

[Naylor89 1223]

All markets are manipulated. The central banks are continually manipulating the value of fiat currencies. it also happen in Crypto market and bitcoin. Whales dump bitcoin's price to scare weak hands who are holding bitcoin to buy their bitcoins, then, They will manipulate the price of bitcoin to pump up in the market. 

[Benjamin 84]

On 1/28/2020 at 11:30 AM, xpertt said:

Yes, I think that is the reason why the market is bleeding. There is something going on with the whale investors that highly affects the prices of coins in the market. 

Well, this is not good from whales of they're buying a huge amount of value in bitcoin, it's better to wait to dumped it's price so that they can manipulate most of the bitcoins in the market.