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Title: Bitcoin price manipulation ongoing? Post by: Naster on May 26, 2018, 10:33:34 AM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.
According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Title: Re: Bitcoin price manipulation ongoing? Post by: krishnapramod on May 26, 2018, 10:56:16 AM Press
[2018-05-24] Bloomberg - US launches price manipulation probe - https://bitcointalk.org/index.php?topic=4212554.0 [2018-05-24] US opens investigation into Bitcoin price manipulation - https://bitcointalk.org/index.php?topic=4220591.0 Bitcoin Discussion US criminal investigators bitcoin manipulators - https://bitcointalk.org/index.php?topic=4290647.0 U.S. Launches Criminal Probe into Bitcoin Price Manipulation - https://bitcointalk.org/index.php?topic=4255005.0 US investigates Bitcoin Price Manipulation ⛔ Who is Spoofy - https://bitcointalk.org/index.php?topic=4232272.0 Justic Dept Investigating BTC Price Manipulation in USA - https://bitcointalk.org/index.php?topic=4230971.0 Economics Us government has start probe in manipulation in value of cryptocurrency - https://bitcointalk.org/index.php?topic=4227272.0 Marketplace US to to launch probe into btc manipulation - https://bitcointalk.org/index.php?topic=4235371.0 The same topic with the same link has been posted on four different boards. Quote What do you say about this guys? Guess through four different boards the topic got enough visibility to carry on discussions. Creating another similar topic would just lead to further spam. Wouldn't have bothered with this response if it was posted by a newbie. Title: Re: Bitcoin price manipulation ongoing? Post by: Marlo Stanfield on May 26, 2018, 11:21:54 AM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur. I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question. Title: Re: Bitcoin price manipulation ongoing? Post by: Clavulanic on May 27, 2018, 12:14:21 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur. I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question. I agree, it been a big question for everybody and sadly the affected people who bought bitcoin during those green days like of last year December days. If there's a group of investors or bitcoin haters whose liable for this manipulation, I guess its hard to determine them. As this will remain a big question mark for us, keep yourselves calm and stay within control because if you dump you will lose everything that could bring your profit into bigger value. Title: Re: Bitcoin price manipulation ongoing? Post by: Xester on May 27, 2018, 12:25:42 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. There is a high possibility that the issue on the recent price manipulation is true since the market is going wild nowadays. The volatility is becoming more abnormal and compared to the previous years this one that we have this 2018 is very unpredictable and its occurence has become successive. This is no longer a joke but a possibility of market manipulation. Title: Re: Bitcoin price manipulation ongoing? Post by: Doterti on June 08, 2018, 01:47:20 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur. I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question. Well the bitcoin itself has many competitors which can lead their prices maybe high or low depends of the maintenance or a survery or research, So In fact many markets in the sites can do legal and illegal ways so that they can a good process in making bitcoins grow faster as the day goes by and some government won't allow the bitcoin industry would enter their currency. Title: Re: Bitcoin price manipulation ongoing? Post by: alaskata on June 09, 2018, 06:08:15 AM There are many forums for discussion about BTC
But this guy gave the right ideas, the news is real, there is good in his mind about BTC Title: Re: Bitcoin price manipulation ongoing? Post by: saurav111 on June 09, 2018, 04:30:22 PM we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen. what do you think, am I right? Title: Re: Bitcoin price manipulation ongoing? Post by: vickybitcoin on June 09, 2018, 04:36:42 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. For i dont think it is possible unless one person hold half or more than half of bitcoin. But i wonder if this thst rich why would he do manipulation? I mean theres no point for me if you have all the financial inburst and still greeds for more..its meaningless act for me. I'd rather share my wealth to the people whom i think deserves it.According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Title: Re: Bitcoin price manipulation ongoing? Post by: Marlo Stanfield on June 10, 2018, 03:59:59 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur. I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question. Well the bitcoin itself has many competitors which can lead their prices maybe high or low depends of the maintenance or a survery or research, So In fact many markets in the sites can do legal and illegal ways so that they can a good process in making bitcoins grow faster as the day goes by and some government won't allow the bitcoin industry would enter their currency. As far back as 2014 from what I can remember many people accused all of the no-fee exchanges from China of doing this. Fake trades, fake volume, ect. Title: Re: Bitcoin price manipulation ongoing? Post by: gnerro2 on June 10, 2018, 07:56:53 PM I heard it too.. damn
Title: Re: Bitcoin price manipulation ongoing? Post by: cmaxwell on June 10, 2018, 10:15:53 PM i don't want to believe that statement is true, considering the fact that there are corrective measure in place because of manipulators. but i don't also want us to rule out the fact that bitcoin is a big market which i believe might result to this.
Title: Re: Bitcoin price manipulation ongoing? Post by: ArnoldChippy on June 10, 2018, 10:35:16 PM we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy Yes that is right that bitcoin price can effect the whole market, but i think that now we can even see some more good potential currencies, whose prices are even increase if the bitcoin price is decreasing, but still bitcoin is the boss of all the crytpo world and its effect on the market will even remain for a long long time. and the major investors of it will not allow this to happen. what do you think, am I right? Title: Re: Bitcoin price manipulation ongoing? Post by: rapidleech on June 10, 2018, 11:19:50 PM ik it would cause more panic but there's an old saying be greedy when others are fearful and be fearful when others are greedy. it's basically saying, you get the most profit when the markets are scared and people are selling everything. total manipulation btw, but that's how it usually works
Title: Re: Bitcoin price manipulation ongoing? Post by: jcemos9bt on July 13, 2018, 01:04:16 AM my own view no own is manipulating bitcoin price i think people who are asking this method are only try to know the secret of bitcoin, even the government are surprise how bitcoin is flourishing higher every year there for everyone is asking which methods are the using?
the rate people is bitcoin are more than any crypto or government currency in the world, so bitcoin is the highest. Title: Re: Bitcoin price manipulation ongoing? Post by: ajiejot on July 13, 2018, 01:21:40 AM For me ,there is Bitcoin manipulation ongoing, as you can saw the article post of someone who is claiming that there is bitcoin cartel now. They are trying to manipulate the market, and they are earning big profits there by just manipulating the market.
Title: Re: Bitcoin price manipulation ongoing? Post by: Rexat on July 13, 2018, 01:26:35 AM On the other hand this manipulation action is quite beneficial for some people, because due to this manipulation bitcoin prices soared very high, which makes the big profit investors.
Title: Re: Bitcoin price manipulation ongoing? Post by: COCOMARTIN on July 13, 2018, 03:19:05 AM I believe that up to now the price of bitcoin manipulates and continues to occur. So we see the fast dump and the price hike. Maybe if the whales start to hold we will see the sky rocket price of bitcoin again. But we must also be careful and be content with what we earn when it comes back
Title: Re: Bitcoin price manipulation ongoing? Post by: pooya87 on July 13, 2018, 03:20:53 AM it is funny that 2 months ago (when this bumped topic was created also) when price was falling from $9700 down to the bottom of $6000 the media was filled with the drama about how bitcoin price is manipulated and everyone was talking about it.
then price reaches the bottom and can not go any lower than that, then everyone simply forgets about it and there is no more talk! the funnier thing is when price starts to rise everyone completely forgets about it... Title: Re: Bitcoin price manipulation ongoing? Post by: sergiom on July 13, 2018, 06:28:48 AM We should not forget that this market consist from manipulative price and agreed value, it is completely ok, I'm not saying that this is good, but it is present. Big guys would always manipulate the price on every market.
Title: Re: Bitcoin price manipulation ongoing? Post by: bits4books on July 13, 2018, 10:38:12 AM In my opinion this is one of the main problems here, that you, if you are a little fish can not affect market, but manipulated market can affect your earnings, decreasing them to zero.
Title: Re: Bitcoin price manipulation ongoing? Post by: pimkobai on July 13, 2018, 11:28:58 AM Yes, I really believe that there are whale manipulators out there in the crypto market. Basically, if you had observed the crypto market movement in the past months where it is really unpredictable and in most cases, we are experiencing too much of the fluctuations than compared to an uptrend movement. These whale investors anyhow buy more btc during bear market and they tend to hold longer until it will pump again and gaining good profit.
Title: Re: Bitcoin price manipulation ongoing? Post by: Yatsan on July 13, 2018, 12:19:14 PM In my opinion this is one of the main problems here, that you, if you are a little fish can not affect market, but manipulated market can affect your earnings, decreasing them to zero. I guess that is not the problem here, disregard how much you invested or how much you have if many bitcoin holder pulls off the price will drastically go down. We can be Whales, group of person can be whales too, i mean we are the reason why bitcoin fluctuates, but because of our greed bitcoin will be just a means of speculation of us.Title: Re: Bitcoin price manipulation ongoing? Post by: LuciferEveningStar on July 13, 2018, 05:04:46 PM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. In my own opinion, there is no price manipulations in the market coming from government or any country but speculations and news that are being released by media's can actually affect the market prices today. Title: Re: Bitcoin price manipulation ongoing? Post by: The_Dark_Knight on July 14, 2018, 02:33:23 AM I read recently on Bloomberg (https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe) that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. We are in a difficult position on one hand I do not want to let a government the power to regulate how we exchange our coins but at the same time it is obvious there are many things going on that are not honest and we need to get rid of them if the market is to succeed, in my opinion exchanges should take responsibility and police their members for signs of manipulation but it seems they do not care at all about what is happening. According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive. What do you say about this guys? Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important. Title: Re: Bitcoin price manipulation ongoing? Post by: Pursuer on July 14, 2018, 10:27:13 AM In my opinion this is one of the main problems here, that you, if you are a little fish can not affect market, but manipulated market can affect your earnings, decreasing them to zero. I guess that is not the problem here, disregard how much you invested or how much you have if many bitcoin holder pulls off the price will drastically go down. We can be Whales, group of person can be whales too, i mean we are the reason why bitcoin fluctuates, but because of our greed bitcoin will be just a means of speculation of us.that is true about half the market. what you are talking about is the overall market movement that is the result of all the traders that are in that market. manipulation won't work when it is going against that market movement. for example last year I believe it was around $2000 that we saw a bunch of bear whales started dumping to push the price down, they obviously were going against the market and they were crushed and lost a lot of money because the market moved up and killed them like bugs. but when a whale goes with the market movement like pushing the price lower when it is already a bear market then they can manipulate it harder. Title: Re: Bitcoin price manipulation ongoing? Post by: Florina1990 on July 14, 2018, 10:31:44 AM Yes i think bitcoin price is still manipulated. But not all times is good to sell in low price. I think best solution is to hold and wait now.
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