What Happened To Bitcoin? - From Everyday Money To Investment/Speculation Asset

[Jamal Aezaz]

yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.

[Power420]

"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.

Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.

Bitcoin price is uncertain as it can update at any time, those who invest in current time are the best investment.  Because the halving has taken place in 2024 and after the halving the bitcoin bull run will begin.  So don't miss this current opportunity because it is sure to reap the benefits if you invest, because it is sure that the price of Bitcoin will cross one hundred thousand dollars once the bull run starts.  We are very close to the current bull run market so it is a good opportunity to invest now.

[SmartGold01]

yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.

That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

[jeraldskie11]

yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.

That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.

[taufik123]

Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.

Whales have strong control, so never fight it.
I'm just going to follow how the scenario that whales do, follow on their backs to make a profit as well.

Cryptocurrencies are decentralized and no one can manage everything, but whales have plenty of money to set some of the trends that will occur.
they influence the media very well to change some fundamentals, do FUD, NEWS to run price speculation that has been determined.

Therefore, do not occasionally oppose the Whales if you are only a middle-class trader.

[SmartGold01]

yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.

That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.

Most times I do understand that whales are the ones who are mostly responsible for market manipulation and when they notice that market is experiencing a form of bad news they could also use that medium to dump the price so that the minor trader could used that medium to panic and sell of their holdings.
A strong and professional investor can never be moved to sell of their holdings immediately there's every little change rather they could utilize that moment to increase their bags.

[pawel7777]

Imo BTC has failed as currency because of its volatility.

Volatility surely didn't help, but the major problem with ANY cryptocurrency succeeding as a currency is that people do not earn in cryptos. And it makes no sense to convert fiat to crypto only so you could pay with it, if you can do the same directly with fiat, avoiding the extra hassle and exchange fees.

[jeraldskie11]

Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.

Whales have strong control, so never fight it.
I'm just going to follow how the scenario that whales do, follow on their backs to make a profit as well.

Cryptocurrencies are decentralized and no one can manage everything, but whales have plenty of money to set some of the trends that will occur.
they influence the media very well to change some fundamentals, do FUD, NEWS to run price speculation that has been determined.

Therefore, do not occasionally oppose the Whales if you are only a middle-class trader.

But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.

[taufik123]

But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.

can you provide data evidence of 90% of the trader's failure?
If it is true that many failures occur it is because of the panic that occurs, because whales also have a backup plan to manipulate the market to match the strategy they do.

Whales already know the steps of small traders like us, but at least we have to get out of the zone and find another way to avoid being detected by whales.

[NikeFit_7777]

Bitcoin ETF issuers have accumulated over 1,000,000 BTC - that's 4.7% of the total issuance of the first cryptocurrency.

Earlier, Arthur Hayes warned cryptans that the US wants to centralise the holding of crypto like any other asset - they need ETFs for everything the ‘plebs’ want to buy.

P.S. Do you think it's a bluff or are the really big players buying bitcoin? Don't forget, often media likes to lie + embellish the situation. 

[jeraldskie11]

But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.

can you provide data evidence of 90% of the trader's failure?
If it is true that many failures occur it is because of the panic that occurs, because whales also have a backup plan to manipulate the market to match the strategy they do.

Whales already know the steps of small traders like us, but at least we have to get out of the zone and find another way to avoid being detected by whales.

I do not have any data, however there are several publications saying that 90% of traders failed. I believe this is true because the majority of my friends quit trading. And I didn't hear a word from my batchmates, so I believe the most of them quit. I've also had a lot of losses and considered leaving, but I've learned that you can only say you failed at trading if you give up.

Whales can detect us because there are tools that indicates the movements of small traders, so we need to do to avoid being caught is to make a move that is different from small traders.

[taufik123]

-snip-
Whales can detect us because there are tools that indicates the movements of small traders, so we need to do to avoid being caught is to make a move that is different from small traders.

Yups, obviously whales have more sophisticated tools to monitor all the activities of small traders like us.
In fact, they can perform manipulations quite easily. change the market trend so that there is more FUD and then buy back at a cheaper price.

They have arranged it and we are only used as a comfortable meal to increase the coffers of profits.

[Peter90]

Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.

Many people are associating the value of Bitcoin with its ups and downs on the price and not so much of the things that can benefit the people and the society. I would fairly say that greed is now the moving factor with most of the people involved with Bitcoin and I would also say that it would be this can be true for years to come.

Good point Tom
I opened a thread in order to raise awareness about the social aspect of cryptos
Beside trading, what's the point of cryptos for ordinary people and businesses?


Re Greed... greed is a vice.
The desire of making money isn't necessarily a vice.
Otherwise I'd be a very bad person 

I would rather say, crypto people - and financial people in general - have lost the reason why BTC was born.
BTC was born in order to be a currency.
That's why we talk about cryptocurrencies and not about cryptoinvestments.

A currency is something you can use in the grocery store in order to buy rice and apples.
People consider BTC only as an investment i.e. a way to make money.
Why?
Because BTC was hijacked.
It was turned from a currency into investment.
Was it intentional? I don't know.

[jeraldskie11]

-snip-
Whales can detect us because there are tools that indicates the movements of small traders, so we need to do to avoid being caught is to make a move that is different from small traders.

Yups, obviously whales have more sophisticated tools to monitor all the activities of small traders like us.
In fact, they can perform manipulations quite easily. change the market trend so that there is more FUD and then buy back at a cheaper price.

They have arranged it and we are only used as a comfortable meal to increase the coffers of profits.

Yeah. We can't find any stuff that says that it's small traders vs. Institution. Sometimes small traders doesn't matter to them. It's an Institutions vs. Institution, they don't always have the same bias in the market so I think there are cases that they get money from their fellow institutions. If we big candlestick with large volume, it's them.

[Jamal Aezaz]

That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

Whales are continuously putting effects on the market price but only wise people will not change their mind according to the situations created by the whales while many others will panic sell due to which market will go more down and down. But this dump will not be the end of the crypto market but whales will again take advantage of such a dump and will make purchases on a huge scale.

There is no other way during dumping to wait more because only patience can make you able to reach the higher worth achievement again but if you have no control over your anger and Greed then nobody can help you to take your advantage.