|
Title: is it true that bitcoin prices have ever been manipulated Post by: Mhd-Bobbi on May 25, 2018, 03:06:39 PM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only
However, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Title: Re: is it true that bitcoin prices have ever been manipulated Post by: yazher on May 25, 2018, 03:12:24 PM Many people says that bitcoin is being manipulated by the billionaires and some says by the governments, but all of them can't prove what they saying just a mere opinion. so for me i think Satoshi will answer that. if he ever come back again.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: mammon on May 25, 2018, 03:19:11 PM Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Mhd-Bobbi on May 25, 2018, 03:23:19 PM Many people says that bitcoin is being manipulated by the billionaires and some says by the governments, but all of them can't prove what they saying just a mere opinion. so for me i think Satoshi will answer that. if he ever come back again. what is their advantage to manipulate it. why not the original price they developed. does it not damage the bitcoin movement. and whether it will cause the price to fall. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: gentlemand on May 25, 2018, 03:23:24 PM Here's a more relevant question - when has the price not been the plaything of a small number of people? Answer - never. Make one's peace with it or wait for a few more decades when there might be a lower chance of it being the case.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Mhd-Bobbi on May 25, 2018, 03:37:53 PM Here's a more relevant question - when has the price not been the plaything of a small number of people? Answer - never. Make one's peace with it or wait for a few more decades when there might be a lower chance of it being the case. I hope that this bitcoin has a long run. and there is no lie in bitcoin. because they all need bitcoin. let's together keep this bitcoin going well with the original price. all definitely need it. is not that a friend? Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Doterti on July 09, 2018, 02:08:33 PM Here's a more relevant question - when has the price not been the plaything of a small number of people? Answer - never. Make one's peace with it or wait for a few more decades when there might be a lower chance of it being the case. I hope that this bitcoin has a long run. and there is no lie in bitcoin. because they all need bitcoin. let's together keep this bitcoin going well with the original price. all definitely need it. is not that a friend? The bitcoin can't be manipulated because it has good and strong security especially for those hacker that trigger to those who are good income but I think it won't change because little by little the bitcoin is getting increase. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: 12tribes on July 09, 2018, 02:13:22 PM There has never been a market that has not been manipulated and led to either rise or fall, depending on the desire and purpose to which the big names choose it to go. severally, the bitcoin price has come under severe price manipulation and except regulation comes up (How?) there will continue to be price manipulation.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: 3rrr angels on July 09, 2018, 02:31:12 PM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only However, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Markus buys and sells bitcoins at random prices and does not pay transaction fees. Upon further inspection, Mark actually did not pay to receive Bitcoin. Mark generates 335,889 bitcoins and is active from 14 February 2013 to 27 September 2013. Seven hours after Mark becomes inactive, Willy appears with 49 accounts. Each of these Willy accounts sequentially purchases bitcoins worth US $ 2.5 million and then becomes inactive. During this period, bitcoin prices soared. I'm also thinking of the speculation and may be the cause of price fluctuation is due to manipulation of some people who want to buy crypto in very low price so they can earn more profit once the market recovers. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: aliichaudhary on July 09, 2018, 02:31:39 PM Yes, there has never been a market that has not been manipulated and led to either rise or fall. Bitcoin market also had been manipulated many times
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Vimukkthi Vithanage on July 09, 2018, 02:33:49 PM I think yes , bitcoin is more reliable and trusted now than before. so I believe in it. you are right
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: aliichaudhary on July 09, 2018, 02:45:21 PM Yes, there has never been a market that has not been manipulated and led to either rise or fall. Bitcoin market also had been manipulated many times.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: vickybitcoin on July 09, 2018, 02:51:40 PM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only Right now this are mere speculations nothing has proven that this are true. In essence if this is ever will be real then surely this investment would not be as big as it is right now. The fact that many people all over the world invest in it means they trust this investment. And as a platform this has really gives comfort and effeciency given the advent of technology that we are in. Every transactions is just a click away.However, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Markus buys and sells bitcoins at random prices and does not pay transaction fees. Upon further inspection, Mark actually did not pay to receive Bitcoin. Mark generates 335,889 bitcoins and is active from 14 February 2013 to 27 September 2013. Seven hours after Mark becomes inactive, Willy appears with 49 accounts. Each of these Willy accounts sequentially purchases bitcoins worth US $ 2.5 million and then becomes inactive. During this period, bitcoin prices soared. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: cryptoblue77 on July 09, 2018, 02:56:46 PM It is definitely true that big players have been manipulating Bitcoin price for some time. Last year, bitcoin price has jumped under 1k to 20k, which was definitely the result of manipulation. Small investors are suffering losses because of them.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Virtual miner on July 09, 2018, 03:03:07 PM Yes of course. market manipulations have always been there and this is how the market really works. Market is being manipulated several times and it is the majority only that has got the power to manipulate the market. And the market manipulation has not to be always taken in the negative context, because many a times the manipulated market has helped the bitcoiners earn good profits.
It is definitely true that big players have been manipulating Bitcoin price for some time. Last year, bitcoin price has jumped under 1k to 20k, which was definitely the result of manipulation. Small investors are suffering losses because of them. Not always do the small investors suffer the losses. It's a matter of time that what you get through in the market.Title: Re: is it true that bitcoin prices have ever been manipulated Post by: YuginKadoya on July 09, 2018, 03:24:31 PM Actually by means of a manipulation there never has been a total manipulation with the price by editing the value or changing the real price of bitcoin they will need to have a lot of resources in doing it, And by buying a massive amount of bitcoin they will surely pump the price, And if they would sell all of it they can make the price crash in an instant, I really think there are a lot of whale players in the market and they sometimes are causing the pump and dump in the value of bitcoin.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: lukamodric94 on July 09, 2018, 05:30:39 PM Surely the bitcoin was manipulation. A fertile market like cryptocurrency is certainly not out of the rule of manipulation. Another reason is that bitcoin is not managed by the government so it is more prone to manipulation
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: lolland on July 09, 2018, 06:16:57 PM I think so, without knowing who trade what and when, I think is manipulated. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: pratik009 on July 09, 2018, 06:32:02 PM Many people says that bitcoin is being manipulated by the billionaires and some says by the governments, but all of them can't prove what they saying just a mere opinion. so for me i think Satoshi will answer that. if he ever come back again. what is their advantage to manipulate it. why not the original price they developed. does it not damage the bitcoin movement. and whether it will cause the price to fall. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: royalfestus on July 09, 2018, 06:49:47 PM We should not lie to ourself, are you hodlers not benefiting from the manipulation? The manipulation is very expensive to build and a good rise like that of last was steady into 5-6 months, so one can imagine alot of strategies and money put into it. though manipulation left a huge amount of money being removed form the space but those who put money to the manipulation must have1 benefited as well.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: renata.tuncha@ex.ua on July 17, 2018, 09:58:14 PM Yes, I think so. It happen sometimes that it is why I am investing in ICO projects such as Socratus. It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. In my opinion, it is good that they work with different kinds of insurances such as property, flight delay, cyber insurance and the core aim of the project is to help insurance companies to save their money and get their business on a new level. Like, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Moreover, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. I think this is really cool and it seems like an innovative and demanded project.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: 2408AAY on July 20, 2018, 12:47:00 AM Yes. Bitcoin prices have always been manipulated in the market. The rise and fall of the market price was all due to the manipulation of some investors and competitors.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: iotarocket on July 20, 2018, 12:58:56 AM I believe all markets are manipulated, and some traders have openly bragged about moving the markets with huge buy or sell orders that bust through technical indicators, triggering a flurry of buying or selling. Bitcoin is no exception. I am not sure if this practice can ever be close to being eliminated.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Sadlife on July 20, 2018, 01:09:41 AM There are many speculation about that. Number one is the group of cartels/whales are selling their token and manipulating the price to go up or down. Number two is there is an person controlling some big exchanges in the Bitcoin ecosystem and producing fake volume trading to make the price bearish or bullish. Or it's actually both.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Devnant on July 20, 2018, 01:15:07 AM Well it has always been like that, i do not understand why are you so surprised about this problem. We all know that Whales have always been in here trying to manipulate the prices, the same happened with the futures, there is nothing new with all this
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Testament28 on July 20, 2018, 01:20:24 AM If you take a good look at it, the answer is yes! Why? One of the factors that would affect it price is the law of supply and demand. This factor could easily be manipulated especially by persons with big investments in it. But we don't have to worry about it because BTC won't die that easily. BTC's been a legacy for quite sometime and I don't think it would go down that easily.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Dexion on July 20, 2018, 01:25:36 AM bitcoin volatility instead of every day, but every minute, even every second. bitcoin value manipulation always occurs in every trade, MTGOx is a victim of crypto price manipulation.
I think that manipulation is never lost, I also believe that many suspicious transactions in every trade, but the quality of the exchange can minimize the risk that occurs. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: edzleochico6 on July 20, 2018, 01:41:29 AM For me is yes,because there are a lot of whale players in the market and they sometimes are causing the pump and dump in the value of bitcoin.There are many big whales it means big investors and traders available into market and they have hold huge amount of btc.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: pooya87 on July 20, 2018, 03:59:55 AM whenever people can't explain some price movement in bitcoin market their first answer is always going to be "manipulation" and they have created this kind of evil entities in their heads called "whales" who are swinging the market to whichever directions they want! you can see it in majority of the answers in this topic.
the reality is, there is manipulation, there are whales and they are effective and a lot more but none of them are as big as what people around here make them to be. and most importantly not every move that you can't explain is a whale manipulating the market. it is just you not understanding the reasons. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: princebridge7 on August 01, 2018, 06:27:58 AM perhaps a small percentage of those who trade will feel oppressed by the presence of such cartels.
but I hope in cryptocurrency do not exist like that, because it has tarnished the image of cryptocurrency. but the fact is the whales are everywhere. Huoammmppp Title: Re: is it true that bitcoin prices have ever been manipulated Post by: bungutko on August 01, 2018, 12:06:24 PM I may agree with the subject wherein there are some whales partly involve with the manipulation however, I honestly believe economics plays an important role in the cryptomarket particularly about supply and demand issue.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: airinnesmith26 on August 01, 2018, 01:23:07 PM yeah surely. Price manipulation exist in every market.With bitcoin, it surely are the whales. trying to manipulate the price with their tons and tons of bitcoin. Nothing we can do really
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Etoasiatsxxx on August 01, 2018, 01:40:42 PM I think it really manipulates the price of bitcoin and is due to Whales being called. So we can see in Charts the large green bars are high. Hopefully these whales will disappear so the price of bitcoin will get back to normal and we will not be afraid of it anymore if it falls.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Jamie Oliver on August 01, 2018, 02:04:03 PM A speculative product that has increased tenfold in a short period of time, if the price is not manipulated, do you think it is possible? The prices of speculative products are usually manipulated.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Dexion on August 01, 2018, 02:27:37 PM yes, that is true, in exchange of MTGOx, market manipulation becomes the main factor that makes MTGOx destroyed.
the MTGOx exchange finds abnormal and suspicious transactions. I think it's done by whales and hackers. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: lionheart89 on August 01, 2018, 05:10:16 PM As far as I know, it can't be manipulated by an individual or a particular group, which determines the price, the bitcoin buyer and seller. And bitcoin is actually a profitable transaction, and that determines the price rise and fall depending on the interest of the market, if the demand is solid prices can rise and increase rapidly and if the demand decreases, obviously the price goes down Derastically. And also the more bitcoin price will be higher and higher because bitcoin will be in need of the world someday.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: bloodyvio on August 01, 2018, 08:55:13 PM if you look at the bitcoin chart on July 27th
for a while the bitcoin price slipped to $ 7,800 but then recovered to $ 8,200 so yes the price of bitcoin can be manipulated Title: Re: is it true that bitcoin prices have ever been manipulated Post by: kr105 on August 01, 2018, 09:04:21 PM Surely, the manipulators are always at work. I think that despite the ban, all markets is being manipulated somewhat. Bitcoin market is also the most suitable market for speculation.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Vangar on August 01, 2018, 09:12:33 PM It is very, very hard to prove the point of impact that large organizations and governments have on bitcoin's value. There are too many participants in the market, which is decentralized at its core. Although I will admit any day that large corporations bought a good portion of the market share, still, that sort of manipulation is hard to get. Look at its value now, dropping for a few months now. It would be hard for companies to make money off it unless they are suing pump-and-dump strategies, which can be seen as well. For more info about regulators and their potential influences, I suggest you read this article https://www.cryptocointrade.com/about-trading/crypto-trading-regulations/.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: DrGuns4Hands on August 02, 2018, 06:12:00 AM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only However, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Markus buys and sells bitcoins at random prices and does not pay transaction fees. Upon further inspection, Mark actually did not pay to receive Bitcoin. Mark generates 335,889 bitcoins and is active from 14 February 2013 to 27 September 2013. Seven hours after Mark becomes inactive, Willy appears with 49 accounts. Each of these Willy accounts sequentially purchases bitcoins worth US $ 2.5 million and then becomes inactive. During this period, bitcoin prices soared. I think it is possible that there are personalities out there that can be able to manipulate the price of bitcoin. Let us see for consideration, given the trends of bitcoin and all over a million investors that would gladly take the risk on investing it; then the probability that there is someone to manipulate may be true. The thought of controlling its price is always the plan of bitcoin perhaps. Cause, there are many speculations of bitcoin in the future, hypes, and even personal opinion. Or the only thing that manipulates bitcoin is the users of it – investors, traders and users. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: MiukoOk on August 02, 2018, 06:57:19 AM In my opinion, almost every penny in the crypto market is undergoing a price manipulation, and their prices are rising just because of the manipulation of a strong group or group.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: happyme1818 on August 03, 2018, 04:04:57 AM I is obvious that Bitcoin market is being manipulated. But their problem is the demand, even if they try to dump it badly to $2k - 3k price it will be hard for them to be successful because many will think that $4k price is already at sale and the demand will kicks in again.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: binghope on August 03, 2018, 04:17:44 AM Every penny has been manipulated, not just BTC, but ETH and NEO or other coin whales are manipulated and set their own goals. That's the opinion I think.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Phatle1996123 on August 03, 2018, 04:29:56 AM I know the bitcoin value of $ 100 now is $ 7000
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: shawn995 on August 03, 2018, 05:07:05 AM Quite methods for a control there never has been an aggregate control with the cost by altering the esteem or changing the genuine cost of bitcoin they should have a ton of assets in doing it, And by purchasing a gigantic measure of bitcoin they will doubtlessly pump the cost, And in the event that they would offer every last bit of it they can influence the cost to crash in a moment, I truly think there are a great deal of whale players in the market and they once in a while are causing the pump and dump in the estimation of bitcoin.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: iram3130 on August 03, 2018, 05:20:46 AM This is happening right now with Many of the altcoins, where even people with 10-15 Bitcoins can manipulate the whole market of that token. They are making more and more money from a small investors pocket. That is why some governments put sanctions and regulates the exchanges.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: LogitechMouse on August 03, 2018, 05:38:02 AM Well, many can say that "Yeah bitcoin is being manipulated by whales" and many can say "Nahh it isn't" but all of these are pure speculations and we don't have a solid proof that bitcoin have been manipulated. Although many are saying that it is (including me), I have no solid evidence that this is happening right now.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: bittraffic on August 03, 2018, 05:53:17 AM If they said its manipulated then why do we need that ETF when there shouldn't be the need for that anymore after all, it gets manipulated soon which there will be no security for those who invest to it afterwards. Unless exchanges are going to be regulated with certain limits of how much it can have in their account then maybe the regulations will help protect investors. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: SnapDown22 on August 03, 2018, 06:02:21 AM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only if bitcoin can be manipulated, I think it requires huge capital and costs, but now there is certainly a way to minimize manipulation with bitcoin, perhaps with restrictions and verification that makes things smoother and safer for investorsHowever, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Markus buys and sells bitcoins at random prices and does not pay transaction fees. Upon further inspection, Mark actually did not pay to receive Bitcoin. Mark generates 335,889 bitcoins and is active from 14 February 2013 to 27 September 2013. Seven hours after Mark becomes inactive, Willy appears with 49 accounts. Each of these Willy accounts sequentially purchases bitcoins worth US $ 2.5 million and then becomes inactive. During this period, bitcoin prices soared. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: VAC official on August 03, 2018, 06:13:27 AM investing in crypto coins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. However, our company can manage your assets well and avoid all these traps. :)
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: pluMmet on August 03, 2018, 06:16:37 AM Unlike stock or commodity transactions, the value of Bitcoin is unpredictable. Values can go up and down in one trading day only The cryptocurrency world is regularly suspected of facilitating misconduct, starting its journey towards popularity as an anonymous currency to trade drugs and equipment on the Deep Web. Certain tricks that can affect the price of digital currencies, including spoofing that see traders flooding the market with fake orders before quickly canceling it, deceive other traders to buy or sell.However, there is an indication of the value manipulation of Bitcoin. This manipulation occurred in the year 2013 ago. At that time, the price of Bitcoin could rise from US $ 150 / coin to US $ 1,000 / coin. This increase only occurs in a vulnerable time of only two months. There are four researchers who found manipulation. According to them a surge in the value of Bitcoin is done by one person. In his paper entitled "Price Manipulation in a Bitcoin Ecosystem" published in the journal Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe suspicious activity at the digital currency exchange center (cryptocurrency), Mt. Gox, which affects the value of Bitcoin Cs in 2013. As quoted by TechCrunch and quoted CNBC, the researchers found price manipulation done two bots and listed as "??" in the user's country. They named this bot "Mark" and "Willy". Markus buys and sells bitcoins at random prices and does not pay transaction fees. Upon further inspection, Mark actually did not pay to receive Bitcoin. Mark generates 335,889 bitcoins and is active from 14 February 2013 to 27 September 2013. Seven hours after Mark becomes inactive, Willy appears with 49 accounts. Each of these Willy accounts sequentially purchases bitcoins worth US $ 2.5 million and then becomes inactive. During this period, bitcoin prices soared. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Pursuer on August 03, 2018, 06:17:13 AM it is always easier to blame things on a boogyman instead of seeing what really is happening in the market. and manipulation has turned into exactly that. people want to explain certain things they can not explain otherwise so they come up with manipulations.
of course there is manipulation, nobody can deny it but to say price is always manipulated no matter what, both rises and falls, is just nor right. Title: Re: is it true that bitcoin prices have ever been manipulated Post by: hawkins on August 03, 2018, 06:18:32 AM as far as I know, it's ever been. if not mistaken, it was in 2013, at that time bitcoin prices are still around hundreds of dollars, and in manipulation to $ 1k. well, I do not know how that can happen, however, it's in the know, and I think until now, no one else is manipulating the price because of its high price.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: TanteStefana on August 03, 2018, 06:36:29 AM Prices are not only ever manipulated but they are always manipulated, some guys are even saying that bitcoin price is a manipulated price so when totally depends on those who manipulate.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Sirnero111 on August 03, 2018, 06:44:56 AM Can't really say but some aticles about bitcoin have pointed out that the lack of regulations in the market make it possible for such alleged manipulations to occur.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Jessica2009 on August 03, 2018, 07:02:10 AM Cryptocurrencies like Bitcoin have gained popularity it has no third party interference even though there is no third party it is hard to find the price manipulation and fraud in Bitcoin . Even though cryptocurrencies are used to buy goods and services they are said as currency . Unlike currency this financial asset has a tendency to fluctuate there is a doubt that previous years price rise was caused by manipulation . From the previous price fluctuations I believe that Bitcoin prices have been manipulated .
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Leenkoranan on August 03, 2018, 04:35:18 PM Maybe it is because this is the game of some big whales in the world market, they manipulated the price so they get their wants to earn and gain more profits for their investments they invest and thats the real face of this business..
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: Silenox on August 03, 2018, 04:48:11 PM This problem is not new, the fiat price is highly volatile and is likely to be manipulated. This is a problem that mining centralization has created, the original idea was to contribute computing power and be rewarded for it, but today the costs are unfeasible for most people, so it is necessary to invest money and be subject to these abrupt variations in price.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: biskitop on August 12, 2018, 03:16:15 PM it's possible, yes. the popes who hold large amounts of bitcoin in their wallets have the most important role in manipulating prices.
Title: Re: is it true that bitcoin prices have ever been manipulated Post by: pujarihema on August 13, 2018, 05:59:18 AM Yes there are heavy manipulations in the bitcoin price. They are carried out by BIG whales who have thousands of Bitcoins. BIG Whales can manipulate the price of Bitcoin according to their benefits, when they want at any time.
They can easily bring the price down by selling their bitcoins or even increase it by putting the big buying orders. |
