Quote from: jaredboice on November 06, 2015, 09:57:50 PM

Quote from: MatTheCat on November 06, 2015, 06:31:19 PM

Quote from: Teppino on November 06, 2015, 08:07:37 AM

Well, i'm so far from being a whale....i wish i had those problems Cheesy

If i have to guess those who make the market prefer the prices to stay low, because the percentage of btc they can take from trading is higher, this means it's easier for them to keep their advantage position. As for the pumps i say they'd pump high enough to raise social attention and greed but no way high like some wet dream extrapolations. After all what they don't make for a higher selling price they'll make from the number of bitcoins sold (and then bought back cheaper by means of same manipulation).

Are you mental?

Whales make loadsa money by keeping Bitcoin low?

No, whales make money, by inducing volatility into markets. By ramping them, and crashing them, and then ramping them some more.

You're being sarcastic, right?

wales gain the most from either a high stable price or a volatile price.

i mean if you have a lot of something, you want it to be worth a lot. Or you want the price to swing so that you can profit even more by trading, sinceyou havea large influence on how the swings will play out you can predict the market (you are a large % of the market n the first place).