Quote from: boty on March 06, 2019, 11:28:29 PM

Quote from: Idrisu on March 06, 2019, 09:17:49 PM

Quote from: manfredmann on December 08, 2018, 04:42:17 PM

From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?

I don't think any individual is controlling cryptocurrencies right now and I strongly believe that it is traders that are really holding and selling. The market is currently in a bad shape and coins are in the hands of traders.

which gives a major influence on cryptocurrency price movements at the exchange place can only be done by traders who have a lot of money or often called whales, they will manipulate prices in exchange and often make a trap like what happened a few days ago.

Not necessarily. If there is huge drop in the marketcap, there should be something news or event that forces them to sell of. It's not just because of whales or whatever they called but it's also because of other common traders which could urgently need to sell of because their own reasons.