Quote from: Funeral Wreaths on June 16, 2018, 12:05:49 PM

Quote from: Betwrong on June 16, 2018, 08:58:18 AM

Quote from: sheenshane on June 14, 2018, 07:52:12 AM

Quote from: Betwrong on June 14, 2018, 07:22:56 AM

-snip-
Basically when you panic sell during a bloodbath, you sell your coins to the whales, who are more than happy to collect more of them at cheap price.

I have noticed this kind of person and he is one of my friends, lately, he sold out his all coins when the market starting a bloodbath.
Maybe one of these days he realized that he has a wrong decision.

Who says that the market can't manipulate by the whales?
I think they have the power to do that by paying those media broadcasters to keep spreading a FUD news that gives a negative image to the bitcoin or all crypto. Small bitcoin holders easily panic selling that's the time the whale had a big laugh because they bought at the lowered price they know that after a month the price will back to a normal price.

I think the main lever for manipulating the price is not spreading a FUD news because only regular users(not whales) can be affected by that. And when regular users start selling, this actually has almost no impact on the market and thus can't ignite massive panic selling. What the whales do is they start selling themselves. Only when the whales are selling the price falling is becoming noticeable and only after that the massive panic selling starts.

it seems to be clear now how it happens. honestly before i have no idea how did this whales manipulate market and how does FUDs affect the market, besides it cannot be trigger that easily because as we all know that whales are mostly veterans and not just easily panicked by some FUDs coming out from nowhere.

Whales don't panic at all, that was my point. They sell intentionally to lower the price. When the price is low enough, in their opinion, they start buying as much as they can. Obviously, it's impossible to buy a lot of coins at low price because it starts rising when whales are making their bulk buys. That's why they start selling again to lower it, and on and on, so it's a loop process in a way? and that's what is called manipulation.