So quite easy to predict the Monero price based on what a few whales are doing and all via Poloniex? That explains why on the price chart there are never any big movements, the whale's buy walls moving up and down are too big for lots of small users. And it suggests XMR distribution is a few mega-whales and lots of small holders, but I haven't seen any stats on what XMR distribution actually looks like?
I'm not necessarily agreeing or disagreeing, but if the part about being "quite easy to predict" where true then you should making a lot of money trading Monero, right?
I don't really see a good case that Monero is more influenced by whales than any other coin. They all have their whales.
Really? You don't see a good case for Monero's manipulation?
I said "more" and no I don't see a good case for that.
I think all these markets are pretty manipulated. Mostly because they are tiny and it's easy to do with relatively little money, and its widely acknowledged that there are whale groups, pump-and-dump groups, etc. running all over the entire market. If they're not manipulating a particular coin it's because they don't see an opportunity is all.
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Show me another coin that has well known whales not just fanboys and minions doing this same activity openly in a trollbox.
Go on the dash thread you will see otoh talking about how many new masternodes he's buying and so forth. Different coin, different whale, same shit.
Also,
