Bitcoin Forum

Blockchain24.co (https://www.blockchain24.co/blockchatter-1-do-your-own-research/) have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.

This industry is not monitored by any government or institutions so big exchanges or players can manipulate the market or volume for a short time but I don't think they can do it for a longer period of time.

I don't know how bad it is but I have made a good profit from this crypto market and I'm happy for it.

Frauds and fake news are all around us, in every industry so cryptocurrencies world is affected too. And in the flood of exchanges is very much clear that not all of them are running honest and trustworthy business.
Still before making any conclusions how bad or good situation on that field is I would like to see some concrete figures. Everyone can claim whatever he wants but without solid data this is just a roomer.

It has been manipulated from the beginning. Those who have money or those who hold a lot of Bitcoin have been influencing the market for a long time. I am not sure about those who have money, but I know that some of the powerful exchanges have a lot of Bitcoin and they have been manipulating the market for quite some time.

That is why we require regulation but, regulation will make it more controllable by the government and big financial institutions. Which they have been trying for a long time now.

The only option left is to increase the market cap. If the market cap is higher than it will not be easy to manipulate. That is why everybody here is trying to increase the adoption of Bitcoin in their own level.
 

nothing new about this, fake volume was from the beginning, and not only in the industry of crypto...

people just know to recheck volume very simple.

yes their are manipulation but most of the time what affect market movements is selling and buying rate,

the selling rate soon will fall hard because there is coming few startup which help us to buy almost everything in crypto and people will not convert their crypto to paper money to buy things, compare to gold/diamonds which always the selling rate will grow because supply is big and you cannot buy with it, its more store of value for the rich people which dont trust the paper money value.

I'm not sure how bad the crypto market manipulation is. but when viewed from the many problems such as fake volume on the market, price manipulation and scam projects. this is very disturbing, and can make the market look bad.

In any market we have manipulation, stock market, Forex etc.
Even large banks were caught in fraud on the stock market.
Crypto market is not regulated, have no control from the government so situation is even worse.
For example, we've seen a lot of big jumps in the price of bitcoins and I'm sure that market manipulation is behind.
It's nothing we can do it about it.

You think it's bad now, wait until the financial industry bigshots start mucking around in this space seriously. Seriously, just look at all the 3rd world fraudsters on this site trying to separate you from your money and imagine that mentality wrapped in an Armani suit with 1e6 times the leverage. Of course the markets are manipulated. But the market is big, and with adoption it will get larger and tougher to manipulate.

Bad because this is fooling people here in crypto,this has been the issue I have seen for my years here,from whales manipulating the market price of some coins and some exchangers faking the trading volume.but what can we do about this?we re only small investors that cannot protect even our own currencies.but of We will be vigilant and active and also work together!?Maybe we can have chances of saving the crypto from this damn humans manipulating our market

Yeah it possible to manipulate the price and volume in crypto market, exchanger or whales can manipulate it to get profit from the people who don't know about the trading technical or fundamental. Its very bad if we get manipulated, can't avoid our losses and can't get recover from that price manipulating. Be smart for small investor when you enter the market, i advice to using top exchange to minimize "cheating" trade.

I always don't wish to see the centralised business peoples news for press release about cryptocurrency. They will never locate the share market shares with the manipulation and simply coming here and telling cryptotrade are manipulating in the marketplace.
I will never say true people sir man plating the price actually these centralised business giants only manipulating the price for their own convenient...

If you think otherwise then I guess you need to have your eyes checked. Crypto industry is heavily manipulated even up to now with regulations in placed to prevent wash trading and other sorts of illegal trading practices evident from the whole scene. I don't think it will change anytime sooner, even if regulators guard the market 24/7. Exchanges are benefiting from it, so why would they try and prevent such activities from happening knowing that it gives them profit and a huge volume to attract more customers? Heck, even some exchanges are involved in volume padding/faking just to tell the world how 'liquid' their platform is.

Ever heard that cryptocurrency is decentralized that's to say it's the boss of its own, pays no respect to any one so cryptocurrency is sure not manipulated. In as much as there has been scramble to get a hold of it to no positive results making some countries to ban it

this is a very new market and is a market that is not yet regulated, to have a notion, in my country there is no exchange made by people from my country and no have exchange made by people of my country that it is possible that the people of my country buy bitcoin using their cards of debit and many countries are in the same situation, how will the exchanges not manipulate the volume? the market is still very small and there are many exchanges competing in a small market. The big exchanges that offer better services, take all the cake

and about coinmarketcap

CoinMarketCap and Crypto Briefing Introduce New Analysis Product (https://cointelegraph.com/news/coinmarketcap-and-crypto-briefing-introduce-new-analysis-product)

DATA Ultimatum: CoinMarketCap Requests More Information From Exchanges to Make Market More Transparent
 (https://cointelegraph.com/news/data-ultimatum-coinmarketcap-requests-more-information-from-exchanges-to-make-market-more-transparent)

They are striving to make things better.

yes, the "industry" is filled with manipulation and scams. for example the company they are quoting here that is talking about manipulation (TIE) is scamming itself. they rehash something that was discussed a lot of times, come up with a bunch of random numbers out of thin air and throw it at people as if it is real and gained after proper research! and then they start selling their crap services to gullible people and take their money while throwing more random fake numbers at them.
scam is also these random news sites that keep popping up every day that are quoting these scam random companies that also are popping up like mushrooms.

as for exchanges, them reporting fake trading volume is not manipulation of the market! market manipulation exists, to some extent in bitcoin and on a much larger scale in altcoin market but this is not it.

he is right.everybody knows that every exchanges especially small companies use bots and fake volume.and they are also manipulated by whales ofcourse.all i have to do is follow the trend.

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

I think that's a natural thing, don't be surprised by that. trade is a field of money for the rich. they will look for a small market from a currency or crypto, then invest in a large amount, control the market and manipulate it. actually anyone with big big capital and great knowledge about market can manipulate the market

Yeah, faking trading volumes is old news already, there's been a lot of info on this matter months ago. I think it's true that many exchanges report fake volume to get higher on the list and attract more customers. However, I don't think they can do much apart from it. Like, they can fake the volumes, but now affect the price dynamics this way. It's weird that it's so easy to do that with Bitcoin, I mean all of the transactions are public... But I guess the system is not perfect yet, and there's no mechanism that would check the blockchain transactions and make reports of trading volume based on real transactions.

Any market can be manipilated so I wouldn't be surprised if crypto can also.

That's not manipulation in crypto. Nowhere is that particular practice of trading referred to as such, and as long as that isn't the case these trades are legit.

People need to grow a thicker skin. Whales by default have the ability to move this market due to the thin orderbooks, but that doesn't mean it's manipulation. Also, "manipulation" to the up side is not a problem at all for people, just when it goes down. Makes sense right?  That to me is a clear indication that people still don't know when to enter.  ::)

A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know  the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.

You can make a lot of USDt at low cost and buy as much bitcoin as you want with it. Then you can use it to crash leveraged positions at the same time leveraging with your real money.

Bitcoin markets are very easy to manipulate because centralized stablecoins with unknown % of backing exist and exchanges can play and even make money on leveraged trades with their client's coins. Many businesses lost by doing that and had to fake hacks and run with what they had left.

all markets are manipulated. but crypto is down to its knees but those who are on top of the chain are going to make the new comers suffer for loss in years before they can finally make it. whales are not just early investors but those who are from the old market who had the money to even create their own exchange. if you can last to hold your coins, it be best to just enjoy the ride or just not touch the coin til you cash it out.

Manipulation is existent to a certain extent. Even the value of Bitcoin is susceptible to manipulation given the fact that there are very rich investors. They could easily affect the price with their billions, even millions. However, we cannot say that they are really the one who dictates the whole market. Volumes are also faked in some crypto exchanges. But steps are already done to iron that out.

Yes , its is extremely manipulated by everyone including influencers, exchanges , whales, traders, bots to name few. Its not regulated by government , and even if it was still it can be manipulated in different ways. Rich always manipulate with many ways , they influence in medias talk and then let people who follows them go for it. People are complete ignorant and follow any influencers like in a blind eye , well most people do.

The so called early adopters who think and behave like they know every single thing about crypto use their experience to manipulate the peoples brain in thinking whatever they talk or show is the best one. That is how people follows them and then in the end lose everything .

Exchanges manipulates and do fake numbers big time to show very big volumes. And traders and others falls for it , that's how they grab the attention .

If you trade on any exchange other than the top exchanges you will obviously see the fake volumes...

As for manipulation, when something can pump 1000% and end the year -70% there is something fishy going on.

Anyone who is anyone trading will notice how jacked most exchanges are.

actually the main problem is that most people are going overboard with their exaggeration of manipulation in this market. the fact is that manipulation exists in bitcoin market like it exists in every other market like the big ones such as gold market,... and the worst part is that whenever price falls you see everyone talking about the manipulation and when there is a rise everyone is silent because they are happy!

your wrong . most of crypto users were actually talking about manipulation because they knew that this market is manipulated . they accept that fact but they cant do anything because manipulators are so powerful than them  . what they can only do is to just go with the flow  , buy if the manipulators dump the market and sell if the manipulators pump the market  .  i didnt think that maniipulators care about others but i think they only care about them selve's  and they do what they want to   .

Indeed, a person with a massive holdings of a coin has the ability to change the market price of bitcoin because we all know that the price of a coin is based on its circulating supply on the market and therefore he can affect the supply and demand by pumping and dumping its holdings.

Because there's a lots of big players to play along this might be interesting to watch out, more players more investment to flow inside the market
manipulations can be done if big players will play alongside together and it's very possible when dealing with dealing money matters.

Steps have been taken to overcome them? then what steps have been taken, I have not clearly seen the steps. I even thought the person who carried out the steps was behind the existing market manipulation. Nothing is impossible right? because everyone needs money because of that there are more and more scammers.

It's just that we don't know anyone who is behind this market manipulation. It could be that the person we consider to be a believer and challenge the manipulation of this market is the person behind this.

In all thing you know that are related on earning money theres someone or group of individuals who are taking control or manipulating the prices of assets,it is very common on trading platforms you cant expect an asset that moves freely there must be someone manipulating it specialy if you see rapid growth or rapid fall in prices.

It is not controlled by any centralized agencies like Government or private industries. Most, but there are companies that wants to take part in cryptocurrency since it is profitable and can boost their marketing strategy. I don't think it is bad since I am profiting from the new campaigns and from my investments.

The fact that the exchanges show the fictitious volumes of this well-known fact. I think this is done by small and medium exchanges. Therefore, in the future, decentralized exchanges will take the lead. There are no fake volumes

Sure the Crypto currency is full of manipulation, but this is not unique to Crypto currencies. The Stock markets are full of institutional investors and people with influence that are using other people's money to manipulate markets. There are even cartels manipulating the Gold and Maize markets to influence the price and the trading volumes.

Bitcoin did not invent Wash trading / Churning / Pump and Dumps / Bear raiding / Market cornering etc.... It was invented by people trading on formal/regulated markets.  >:(

The more we know, right?

I thought this too but not the fact that the exchanges are doing it. I just thought in the way that some investors manipulate so they can earn in the next movement. Never thought of these exchanges to manipulate it. But I still have the earnings and that will not go away.

It can be done, of course the bigger the exchange and the more expensive the asset, then the harder it is. But that's how whales do it, or even how exchanges collaborate together (I suspect this happens). If you read about these crypto owners who get jail time, they use all the customer funds to make big orders elsewhere.

This is much of a common thing and also became a doing that isn't suppose to be done but this is a way for people to trust exchanges. Exchanges are benefitting out of this and this gives them the power to garner many investors. But, at least I can see that binance is not doing the same.

Day trading is not as straightforward as following the trend, price manipulations are not as common for currencies such as Bitcoin with a very high market capitalization.
Day trading takes practice and majority would say luck to be successful.
Long term investments are a better option for those without the technical skills to trade, you simply have to buy and hodl.

everything in our lives is manipulated , why crypto should be different?
you wake up to the prices in your groceries changed according to the whim of the owners , the governments change laws without even bothering to listen to the people they "represent"
people are working for themselves , but they work more for those who understand more than themselves about the processes
cryptocurrencies is just a reflection of our lives in a small segment , those who have resources are able to drive the price up or down
it is normal , nothing to worry about - just accept it as it is and your  life will be easier

yes it is manipulated but it depends on your view if you will find it bad or good .

 i observed that majority of crypto enthusiast feel bad about manipulation especially if they are noob in the trading/investing industry because whenever they bought at highs and whales manipulate the coin they will loose and panic  .

 but for me i find it good because i can feel the benefits when whales manipulate the coin to go upwards  i can also sell my hodlings at a high price  .

The market is not naturally manipulated only that some groups are taking advantage of the unregulated system to somehow manipulate the prices of cryptocurrencies by doing fake volumes and speculations. This is the reality when bigtime holders want to have bigger profits in the future.

unfortunately the market is not healthy, the volumes of the various exchanges are artificially inflated, and the value of the market is altered by the whales, these variations take place cyclically, we ordinary mortals (average traders) should learn to make profit from all this...

Hey
It is bad enough to go from 3k to suddenly ..5-6k in just few days.. and then it again climbs to 10k ..
Crosses the barrier and then goes to 13k and suddenly falls to 10k soon enough ..
The market manipulation is consistently making the whole market distorted , the volatility has decreased but still it is higher than ever.
But at the same time it is opening up opportunities for others to actually do trading in Bitcoins and also .. for newcomers to join in the future bullish run.

Scam projects have nothing to do with bitcoin...you can see that people scam other people in every part of this life but when we talk about fake volume this is the only thing lead us to ask the topic question

The hands with the large holdings will always tend to manipulate the market. This is quite common, and the manipulation done by these whales used to make a small disturbance in the market. Further the investment gets delayed as there emerges a panic wave whether to invest at the moment or wait for a moment. This will be used as the way to invest by the whales again and move the market again. As it is decentralized the manipulation from these whales were now much known and people won't react instantly causing deep fall in value.

Let talk about manipulation in trading volumes, i found many fake volumes made by certain side to pump the altcoin (i don't wanna mention certain projects) . They increase the volumes of the coins until 300%. So, this also can occur on bitcoin since bitcoin has bigger community than alternative coins.

investing in something and then selling it when you reach your price/profit target is not called manipulation. it is called the normal thing that any normal human being does and it is the exact definition of an "investment"!

"manipulation" is what is happening in altcoins for example. when a shitcoin out of nowhere rises up 100% in one day and then in the following day it drops just as much. that is called manipulation aka the pump and dump.

Crypto markets have been manipulated in some form or other since the massive pump in 2017....before that manipulation existed but nowhere as bad as now

Cryptos being manipulated is partially true. Let me explain.

Cryptocurrencies are manipulated. These are manipulated in a sense that there is no equal distribution of tokens, coins, and other cryptos. We have what we call WHALES - people or group of people who holds a larger portion of the total supply of a coin. There's a huge tendency that these whales can control the value of a certain token or coin they hold. One way of doing so is by moving huge amount of their tokens in the market/exchange, selling it at a certain value/price, and buying it with their EXTRA ACCOUNTS for the value they requested in their primary account.

For example:

A certain token, let's say TOKEN A, has a total supply of 1,000,000 tokens. One whale holds 50% of it (500,000 Tokens). The starting value/market value of that is $1. Then the  total cap of this token is $1M. Let's assume that the other 50% is being distributed by 50,000 people (each has 10 tokens). If that whale put 100,000 tokens in the market and sold it for $2 per token, then bought it with his/her other accounts at $2, there will be an adjustment in the current market cap of TOKEN A. That will also affect the value of the tokens distributed among the 50,000 people.

1,000,000 Total supply @ $1 per token = $1,000,000
100,000 tokens sold @ $2 per token = $200,000

900,000 tokens will remain at $1 each before the remaining 100,000 tokens is sold at $2.

900,000 tokens @ $1 per token = $900,000
100,000 tokens @ $2 per token = $200,000
NEW TOTAL CAP = $1,100,000
1,100,000/1,000,000 = $1.1 -----> new value of 1 TOKEN A

This is a recipe for disaster...why am saying this is because when these manipulations happen, usually what follows is someone is going to be cashing in after all this and in the process crashing the price temporary and cycle goes on making them money over and over again regardless of how low or high the  price is.

Everybody might be rich in crypto who entered the market before 2017.if marketcap is not so big and if there are groups who make decisions together, there is a manipulation and its normal.it will be less every each year

bad or not with crypto market manipulation if we can take the opportunity and the right time will produce results too.
use your instincts and abilities to be able to read the market conditions.

In a market that handles both capital and cryptocurrencies, it is not surprising that speculations arise, especially from the so-called "great whales". that are entrepreneurs who have a great control of a good part of the volume of some projects, then you have to play with supply and demand, but that scenario has always existed and I think it will continue in the future, so we just need to learn to observe with a lot Be careful how the market behaves and make the best decisions, although there will always be risks.

That is, if we know how to ride with those manipulators. If you have gain experience they obviously you can take advantage of the situation, but cheap coins and then wait for the incoming run, rinse and repeat.


The thing with 2017 is that there are a lot of noobs who FOMO and manipulators did have a field day playing with the price. There could be investors who really make a lot of money from 2017, but remember we did have a bear market following that so it's not like a continue day in day out money making scheme.

It is somewhat to think that the market is manipulated by big whales just like they did before but I can say that it seems to be like that again.
We know how the looks if the market never been played by them, it gonna at low volatility percentage but we are glad to have them played cause it gives us also benefits. They aren't bad at all, in fact, it helps us to generate more gains as take advantage in every fluctuation we have.

It seems that the blockchain platform is not controlled by any organization or government, but its transactions are transparent. However, many criminals take advantage of this platform to illegally trade, launder money, buy weapons, ... that we cannot control. Some super-rich organizations have manipulated the market, it seems that this has strongly influenced investors and their trust.

The manipulation in the cryptosphere is real and is evident for all to see. Crypto is highly manipulated and you need to be a big shareholder like the whales to be able to manipulate the industry. People are always deceived whenever something is hyped. No wonder many exchanges keeps faking up volume to attract traders.

Yes, the market of the cryptocurrencies is always manipulated, and not only the whales are doing it. Scammers are successfully using pump and dump schemes and manage to sell tokens to newcomers for a very high price. Another attempt to manipulate the market is mass media information.
BTC price depends on demand much, and when people simply hear bad news, they are trying to get rid of crypto.

There are always market manipulation even not in cryptocurrency. Most of the time, whales or large investors are those who can control the market. They tend to control because they hold huge amount of money. Market manipulation is normal in trading and we just need to accompany these changes. We have to go together with market manipulation because if we missed their waves nor we are against the flow, we cannot survive trading.

the fiat currencies are also manipulated on a much larger scale. there are known cases like this:

http://en.cade.gov.br/press-releases/cade-signs-five-agreements-regarding-a-cartel-investigation-in-the-foreign-exchange-market-and-opens-a-new-cartel-investigation-in-the-brazilian-exchange-market

the thieves are always the same, Barclays, Citicorp, HSBC, JP Morgan... they always make some "amazing" agreement and pay insignificant fines.

The main problem remains that trading takes place on centralized exchanges. Remember what horror was happening on QuadrigaCX, after the death of the CEO this exchange. Manipulation will be an integral part of trade and the only solution will be the emergence of a decentralized exchange where the blockchain will exclude any manipulation and speculation

I often find altcoin trading with massive volume manipulation on the exchange, having 1k ETH volume but buy orders only amounting to 10k tokens at $ 0.1, roughly calculating the trading volume is far below $ 5k, so manipulation is done to gain trust from trading.

Of course being manipulated. We are talking about an area without any legal regulations. Moreover, in response to such high demand, large Bitcoin wallets are still numerous. In order to reduce manipulation, more people need to have Bitcoin and the big wallets have to go down a bit.

Technically, If we apply the Gini coefficient to BTC which is also included in the economy. In terms of justice, very bad results can occur.

It could be true, but once again, we don't have the right information, and we could only see what is going on the market. But I feel that the manipulated is running in many exchanges, but I don't think that the manipulation will always happen in every day. Maybe it is happening for one or two days but to run in all days, it needs huge money, and not all whales want to do that. But out of that, as long as we can make a profit, we don't have to worry because we could take the benefit for ourselves and let the whales play with the price ;D