Quote from: aeternus on July 12, 2018, 02:02:04 AM

Quote from: Lion_ashy on June 29, 2018, 07:53:01 PM

Quote from: notaek on June 27, 2018, 07:00:59 PM

Your query is out of line. Marketcap isn't just related with whales, tether and so on...

Quote from: Lion_ashy on June 27, 2018, 04:58:03 PM

Am just scared if Whales decide to convert Bitcoin to Fiat.

Just don't. Whales aren't a bunch of fools. They are just waiting for the perfect opportunity to buy and turn a corner.

Quote from: Lion_ashy on June 27, 2018, 04:58:03 PM

Will Tether keep printing more Tether to circulation?.

Yes, they might. Nobody knows what their next move is.
But that's irrelevant to your previous query.

Afterall, if you think marketcap is a metric for tracking the total valuation of Bitcoin, then you're wrong.

I know whales are not fools...but selling a huge part of what they hold is a way to manupulate the market. Causing more downfall. And with my little knowlege i believe that it will get a point when tether printing will bring fake marketcap. That was my reason for this topic. A friend of mine said that cryptocurrency was a joke. Sincerely i couldn't argue it. I just smirked.

But you are not giving a reason of why the whales will want to get out now. The price is very low, if they wanted to sell they could have done it at the top or close to the top of the market, also if they sold so many coins at the same time this will alert the markets and the price will go down even further, reducing their profits even more than before.

🤔 that's actually wise. You mean because exchanges might not have the liquidity isn't it?