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Author Topic: Is it possible to reduce the impact of crypto whales?  (Read 4892 times)

Offline MVT$

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #15 on: January 12, 2019, 08:13:08 AM »
They are called whales for a reason, when they want to feed, small fish cant do much. In the market, when a whale makes a move, it's these smaller investors that's actually causing the market to move faster from panic selling or buying out of FOMO.

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #15 on: January 12, 2019, 08:13:08 AM »

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Offline UNIVERSE

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #16 on: January 12, 2019, 09:59:58 AM »
Whales really bring the big influence of the progress of crypto market or exchange. We cannot ignore that the big whales have the power to control ourselves in this crypto world. The only one way is not influenced by that kind of trust. We believe that the presence of crypto is for everyone.

Offline ZionRTZ

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #17 on: January 12, 2019, 10:09:44 AM »
To be fair to some projects, they've done some measures to prevent most their coins or tokens falling into the hands of the few by distributing them through airdrops and setting a maximum amount during ICOs.

Don't try to reduce the impact, just try to follow the trend they are setting.

Offline showtime

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #18 on: January 18, 2019, 03:56:11 PM »
The world and all areas always follow the big money, so expect to change this-is unrealistic. It's dream of stupid people.

Offline WooDoo

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #19 on: January 19, 2019, 09:51:24 PM »
We are at a transitional stage, when the capitalization of the industry is quite small and whales can influence it very much, but with the growth of capitalization the level of influence will fall.

Offline krot

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #20 on: January 23, 2019, 10:11:18 PM »
If they introduce a system in which the entry of a large amount of money into our industry will not affect the course, the influence of whales will decrease.

Offline Quart

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #21 on: January 23, 2019, 11:41:40 PM »
In my opinion, the presence of the whales will give the big influences for the crypto market. They have the big investment and capitals, they hold the market, they will do certain thing or strategy in order to make the profits, the big profits at the certain time. Probably it will not be right now, but fir the future profits. And I personally don't think that market will not depend on the whales.

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #21 on: January 23, 2019, 11:41:40 PM »


Offline gurunanakji777

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Re: Is it possible to reduce the impact of crypto whales?
« Reply #22 on: January 24, 2019, 03:41:49 AM »
We can not do anything on this matter. Whales will continue to move the market the way they want. Because of anonymous nature we will never know who is actually controlling the market. Whales has the power to change the market direction because they have huge capital to impact the crypto market. I believe unless market capitalization will be increased the impact of whales can't be reduced.

 

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