Can someone finally explain me this "holding price down"

whales have enough capital to burn by selling low to scare people into also selling low, and hopefully lower and lower. then they scoop up more than they sold for cheaper.

>>3176041
its just the argument bagholders make when their hyoerinflated coin slowly bleeds for a few weeks

>>3176058
exactly what faggots said when ANS was $7.

>put a huge sell order at 50 sats
>guarantee that the price of the coin will stay below 50
>buy tons of coins on the dips
>once you're satisfied with your bags, remove the wall
>profit

>>3176055
this. It's particularly profitable for NEO because of GAS. 20,000 NEO gives you $250 GAS a day. That's more than a normies salary. I imagine some blue wales are holding even more than that.

Doesn't happen near as often as people claim..anytime a pumped coin corrects in price (drops) you'll hear it's the whales holding it down

>>3176041
No.

Holding the price down means people set condition sell orders above the current price so that for the price to rise the sell orders have to be filled first

People also put conditional buy orders so that the price does not drop too low

>>3176068
exactly, the way these moons work is a slow down trend and then a fucking nuke upwards, repeat

Stop looking at the $ price. BTC is the only thing that matters. BTC price has been a lot more consistent than the $ price

>>3176072

>put huge sell wall at 50 sats
>everyone who knows enough to look at the orders books sees
>oh some homo whale is trying to keep the price down
>he must know something I don't, I'd better buy up

In this age of trickery, it is impossible to know who is jewing who