Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: pakcoy on October 02, 2018, 07:52:51 AM
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Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
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Hmmm yeah I think the same, no body can control the market include founder bitcoin (satoshi nakamoto).
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Big holders of currency, but it Just my opinion
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there will be no one who can definitely control the crypto market, crypto prices can go up and down because every second there are people who sell and buy, so to be able to return the price of crypto I think it is a difficult thing and not easy to control.
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Sellers and buyers are just the pawns of the whales in the market so in my opinion whales are the one who always have the control in the market.
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I think that controlling the price of bitcoin is the mafia that is often called a whale. The way this whale works is to play the market by making negative news so people panic and sell their coins at low prices. And these whales take coins at low prices to get high profits.
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Manipulation in the market-now more than ever began to occur more often.This is all because the market is not regulated by anyone and whales feel impunity. In the stock market for this-would be put in prison.
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Investors should control the market but due to some people that will take advantage of this weak regulations they will hoard the coins and dumps to manipulate the market. Weak investors will get panic and sell their coins at losing price which give the opportunity to the whales to buy at low. As long as this technology has no regulations we can still see more manipulations in the crypto market.
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Interesting. I also think nobody can completely control crypto but it can be influenced by a group of people or someone who has a large holding
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you, me and entire crypto player is the man behind market price, so if you asking whos control the market, i can answer it 'us'
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in my opinion it is not easy to be able to control the crypto market, even if the market increases and decreases it is normal, because many people make transactions or trade, so the market is not easily controlled, but sometimes with negative news about crypto, sometimes it will make some people panic and sell what they have when prices fall, but that is only a moment, and will be an opportunity for big investors to buy it, because big investors will never believe the negative news about crypto they think is wrong, so the market ups and downs for me reasonable things.
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There are too many players in crypto so no one has the compete control of the market. That's why we always have that bears vs. bulls.
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There are too many players in crypto so no one has the compete control of the market. That's why we always have that bears vs. bulls.
Since the cryptocurrency is not regulated, there will always be large players who can set the direction in one direction or another for personal benefit. Today, they are bulls and bears tomorrow.