Post
Topic
Board Altcoin Discussion
Re: Manipulative Whales playing
by
hastag_80
on 05/07/2018, 22:36:32 UTC
Sometimes in trading I can think of myself that in market I can observe that the whales are just manipulating the price if they happen to be in the same coin buying it on sell order then the price will suddenly goes up. And it seems that almost all the alts released in CMC are just like that since they are using the same blockchain regardless of their own platforms but dont you try to observe that their purpose they are boasting on their whitepaper are just nothing right?? since they are just token symbolizing but are the same token with other projects that have decimals but still the whales are the one manipulating it, so somehow its so pointless releasing new token project almost everday .
In your opinion?  Grin
Maybe you have a point all of this,and thats also my perception about the whales or the big players in this investment of cryptocurrency investment,i thinks theres a reason why should the big whales could control the  market circualtion of price value in crypto exchanges because they are the one have a capable to manipulate all the prices of crypto coins,because they have there own money or portfolio to create a pump and dump situation.