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    Crypto Currency Markets Facts!

    December 09, 2021

    Crypto Currency Markets Facts!

    Facts!

    Posted: 08 Dec 2021 06:41 PM PST

    Understanding Whale Activity And What To Think About It. (DD) (READ)

    Posted: 08 Dec 2021 11:54 PM PST

    I clearly enjoy cryptocurrency, but even more, I have a never ending desire to understand it. People always talk about how crypto is "volatile" and big swings are just apart of the game. While I agree with that idea, I also find it hard to think of an asset that is more easily, commonly, and legally manipulated more than crypto. In the example below, I will be focusing specifically on BTC.

    I was reading some deep analysis last night on the increasingly popular Direct trades (person-to-person)(peer-to-peer) P2P, online sales of bitcoin on a whale level. But, what has been growing in popularity is the manipulative, more profitable way whales have been selling/changing hands of bitcoin this cycle. And don't forget, the one of the goals of P2P whale transactions are to not crash the market, whether it's a crash up or down, as in real, big, 60% plus crashes. And the reason I bring that up is because you have to understand market-cap, liquidity, and how the stereotypical understanding of market-cap for crypto is completely misunderstood.

    There are many situations where whale A wants to sell their BTC. But, instead of just dumping on the open market they make a private agreement with a Whale B who wants to buy BTC (P2P). For this more profitable & risky P2P example, they can find these whale buyers from discreet (in the know) middle men who take a commission, or if these whales are just (in the know) themselves. But having a trusted middleman makes the change of hands typically work far easier.

    Instead of just sending/selling/buying from wallet to wallet, these P2P transaction events happen by Whale A announces he's gonna dump BTC on the spot market and the (buyer) Whale B then opens a leveraged short on the market right before whale A dumps. Once whale A has dumped all his bag (big volume) BTC spot price will generally dump with it the majority of the time. As soon as the bag is fully dumped on the open market whale B closes their short. And as soon as whale B short is closed, whale A bag is dumped, and BTC price has violently dipped. Whale A then opens a new leveraged long.

    Once new long is opened, whale B then immediately starts buying up the amount of BTC (worth in usd) prior to the dump. Whale B is now technically buying "discounted" BTC because the spot price is lower, but he's still spending the same amount of USD he would have if he had just bought via traditional P2P wallet transaction. Thus, whale B is actually now accumulating X amount of "extra" BTC for the same initial agreed upon price. Plus, whale B also profited big on the planned open short that whale B had just closed.

    Once whale B buy's up the agreed upon amount in USD worth of BTC the spot market generally goes back to being stable, or whatever price BTC was at, at the start of the whole deal. When whale B finishes his buying, Whale A then closes his leveraged long that was opened during the dip caused by both parties. At this point both whale A and B have successfully changed hands, technically been paid, and are both far happier with the transaction financially because they received a much better bang for their buck deal than they would have if they just send the BTC via traditional P2P.

    In a successful event like this, both parties report the total amount of "profit" they made from the change of hands, they report it to the middleman and/or to each other. This step is usually completely transparent & honest. Thus responsible for the increasingly popular way to sell & buy bitcoin when you are working with enough to move the market. In the case of the middleman, he will keep the whole thing private, both parties happy, take his cut, done.

    This specific example was seen yesterday, and looked to be almost perfectly executed. Starting at 50324 whale A dumped. Price dipped to 48446, then bounced back to 50378.

    Things to add:

    Most of the time, at least during a bull market. The most common side effect will be the rebound bounce up goes higher than the spot price when the change of hands starts because retail traders open more longs than shorts, and typically open them towards the end of the bounce up or at the top.

    This increasingly popular way to buy sell crypto as a whale can be regularly seen once you are aware of these behaviors. Some of these quick dip change of hands move the market a little, sometimes a lot. But the majority of the sharp volatility ends when the change of hands is over and likely when BTC returns to just about the same price at the beginning.

    Sometimes multiple parties are involved. Multiple shorts, multiple longs, extra players etc..

    There are times when one of the parties don't hold their end of the stick...

    These transactions should take 20 minutes - 12 hours MAX. Anything longer is most likely regular market behavior.

    Why is this important?

    I have no idea, If anyone has something to add to this, please do. I have always had passing thoughts and market movements identifying manipulation, but never heard of a real, start to end proven example strategy until this one. I personally think it's lowkey awesome and if you place yourself in the position that the top 15k BTC wallets, Would you not do the same thing?

    submitted by /u/tommyjean1
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    Joe Biden government is mining Bitcoin, says White House adviser

    Posted: 08 Dec 2021 04:59 PM PST

    It's a pretty simple story. LOL

    Posted: 08 Dec 2021 06:13 AM PST

    StrikeX Hires New Interim Chief Technical Officer to Deliver TradeStrike Roadmap

    Posted: 08 Dec 2021 11:08 AM PST

    Let us talk about Crypto Card Benefits and Rewards.

    Posted: 08 Dec 2021 09:38 AM PST

    Why not maximize your investment by utilizing all benefits especially those that give you Crypto back on every purchase.

    ​

    For most of us normies we can use any help. So let's talk about benefits and how to take full advantage of it. Any advice is greatly appreciated.

    ​

    I personally only have a 6banc.com card and a CRO card. Currently only taking advantage of the 6banc 4% Crypto back. To the point that my wife is annoyed every time I throw that sweet blue card at her on every purchase. I have made her wait while I transfer money to USDC. She wants to buy $50 worth of candles? Might as well get that 4% back, right?

    ​

    So now I finally reached the amount needed for CRO to get new benefits and I am looking forward to it. If anyone has been using these benefits please share!

    ​

    I am most looking forward to using the airport lounge since I travel a lot. Anybody care to share any other cards and benefits?

    submitted by /u/Alasvm
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    The most anticipated event in the Polygon ecosystem is the Polygon Summit, which is happening today. In its reveal, Polygon stated that a “major announcement” is expected around 11:20 EST, a mere 20 min after the first panel begins. Price Updates, Recent Developments, Future Events, Community

    Posted: 09 Dec 2021 02:13 AM PST

    Cardano Creator: Crypto Industry Is the Antidote to the Excesses, Corruption and Nepotism that we’ve found

    Posted: 08 Dec 2021 07:38 PM PST

    Don’t expect people to leave fiat and start accepting/paying crypto overnight. Major changes like this take time.

    Posted: 08 Dec 2021 12:11 PM PST

    Crypto is only a decade old and didn't start to gain real popularity until maybe last year. And still, it has a long way before becoming mainstream (which I personally this is inevitable).

    But I mean we're already seeing some advancements in that area with crypto credit cards payments for wallets like Binance, Eidoo and Coinbase. And we're starting to also see some big names like Alchemy Pay making big moves by powering seamless crypto and fiat acceptance for merchant networks, developers and financial institutions.

    If we keep up this pace, crypto mainstream adoption might come faster than we think, who knows? All I know is that this day will definitely come sooner or later.

    submitted by /u/Mandrake_m2
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    How the Metaverse Could Change the World!

    Posted: 08 Dec 2021 11:25 PM PST

    What we learned at Congress' much-anticipated summit of crypto execs

    Posted: 09 Dec 2021 02:09 AM PST

    Oasis x ThetaNuts Partnership

    Posted: 09 Dec 2021 02:07 AM PST

    I'm excited to see that people are finally starting to realize the power of Polygon.

    Posted: 09 Dec 2021 01:50 AM PST

    I've been telling everyone for months that this chain was going to blow up. No one believed me, well here we are. As someone who's been extremely bullish on Polygon for a long time, I'm really hyped to see that people are finally starting to catch up. This chain is finally starting to get the recognition it deserves and we're just getting started.

    It took them working with giants like Coinbase and Draft kings. It took them putting 1B$ into ZK research and Vitalik being a part of their ZK summit for people to start to realize that this chain is a serious player.

    The same people who were telling me that I was "NGMI" are the same people that are now buying bags of MATIC. It's kind of hilarious, all you had to do was do some research to realize that this chain is doing great things. Bullish on MATIC!

    submitted by /u/-Aporia
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    Crypto research firm: Omicron is guilty of the crypto dip, but it won't be medium-term negative.

    Posted: 08 Dec 2021 06:02 PM PST

    Alerts

    Posted: 09 Dec 2021 01:25 AM PST

    I'm just new, is there any kind of free alert or bots available whenever we put some criteria and if the criteria is met we get an alert

    Ex: MACD crossover

    We get an alert on number cryptos macd crossover at a particular time

    submitted by /u/MaintenanceOk7855
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    India Says “No” to a Crypto Ban, Will Permit Local Investing

    Posted: 08 Dec 2021 01:21 AM PST

    ASPA Partner Focus #7 — Announcing the Latest Stake Pool Operators Partnering with Ardana

    Posted: 09 Dec 2021 12:33 AM PST

    Could Bitcoin Reach 120K In 2022? | Bitcoin Price Forecast For 2022

    Posted: 08 Dec 2021 11:36 PM PST

    Top 5 Cryptocurrency List to Invest in 2022 | Five Cryptos that Could Reach Beyond the Stars

    Posted: 08 Dec 2021 11:31 PM PST

    Never forget that DeFi is giving back the power to the people

    Posted: 08 Dec 2021 01:25 PM PST

    Financial freedom is one of the many benefits of having a decentralized economy and financial systems, but DeFi is offering us more than just financial freedom.

    DeFi is giving us the opportunity to be heard through DAOs that are are decentralized, which means they aren't governed by one person or entity, basically instead of a select few having the majority of say, members of each DAO can vote on decisions together, typically on equal footing.

    And now a large number of crypto projects are making DAOs a priority with the help of BitDAO, that supports a wide range of ideas, and experiment with the full range of options for economic alignment, governance, treasury management, and organization.

    I personally think that in the coming years companies will replace their equity with tokens, that will be represented as DAOs.

    submitted by /u/SighGuy_
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    Man Who Sold Off His Bitcoins at $350 per Coin After Dip from $1000, Narrates Story

    Posted: 08 Dec 2021 02:15 PM PST

    What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’

    Posted: 08 Dec 2021 10:56 PM PST

    Big jump in investors who favor crypto over stocks – Survey

    Posted: 08 Dec 2021 10:49 PM PST

    Why do some tokens continue to rise when Bitcoin falls?

    Posted: 08 Dec 2021 07:06 AM PST

    Hi, today I noticed that when bitcoin fell, some coins continued to grow, for example, during today's decline in bitcoin to 49k, coins such as LINK, NEAR, EOS continued to grow,why it happens? Perhaps because these are fundamental projects?

    submitted by /u/SheernePyncfh
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    Explained: The BadgerDAO Hack (December 2021)

    Posted: 08 Dec 2021 05:52 AM PST
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