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    Author Topic: Is it a Whale attack on market price of cryptos?  (Read 496 times)

    • rafi035
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    May 28, 2018, 09:38:35 AM
     #41
    Quote from: robertcross07 on May 25, 2018, 01:30:27 PM
    BTC price has fallen at a great number in last few days. I am really confused to give it a name. Is it a whale attack on the btc price. What is your thought? Please share your thought in the forum .
    bitcoin prices do have a drastic decline, but keep in mind and we can see from year ketahunnya bitcoin increase if we only see per day we will see the price drop

  • inthelongrun
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    May 28, 2018, 09:58:45 AM
     #42
    There is the possibilities of a whale attack but if this is the one that cause the dump then it won't take that long. That whale can cause some few panics and he will try again to buy at cheaper price. Rinse and repeat.

  • cryptohoodz
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    May 28, 2018, 10:10:04 AM
     #43
    Guess what, you never gonna find out.

    Long term fundamental for bitcoin remain the same (limited supply, innovation will make it faster = lightning, it has not been hacked etc.).
    I think its a combination; price manipulation (because it's not regulated yet) and less FOMO. Once the SEC (US regulators) starts to find and end at least end  some of the manipulators it might kickstart into a global regulatory framework. Nobody likes regulation, but in this case I think it's good because what's happening with the price right now (if we assume it's partially caused by manipulation) does not help to grow the entire crypto industry.

    To put things in perspective; btc was 2k last year same period, so eeeh...we're not doing that bad :-)

  • greenvally
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    May 28, 2018, 11:49:27 AM
     #44
    I believe that possibly there is some point in your musings about the whale assault. Be that as it may, I don't imagine that this fall will be for long and will bring about something extremely genuine. As I would see it, it won't vacillate much soon. But the market will change soon.

  • luigi3
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    May 28, 2018, 11:56:06 AM
     #45
    There are so many reasons why bitcoin or crypto price was getting down,like fud news or some news that indicating bitcoin was scam,and also as you said a big whales they really affecting the price of bitcoin if they sell or buy so im sure moving market its because of currently happening in our environment in crypto.
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  • aiviaa485
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    June 11, 2018, 02:28:42 AM
     #46
    if I do not believe in whales, because Bitcoin is owned by individuals. But it can be said yes this is the act of the Whale, because I see the market is in the pump and in the dump kn just like that. such as price manipulation by a particular group.

    and many Cryptocurrency telegram groups say this is whale-shaped, so what else?
    just enjoy your life with a cup of coffee, because Bitcoin knows where he is going to go Smiley
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