Bitcoin Forum

I have watched this space for a couple of years and while on it, I felt that bitcoin prices are usually driven by global supply and demand which is a factor of real world usage. But recently, I have also gotten another perspective that bitcoin might just be a tool in the hands of a few whales, manipulated for quick and short gains on daily bases. If that's the case, as we near $6500/btc and even lesser as analysts suggest, when then do we see $100k/btc or its just a hoax to keep the pump and dump pendulum swinging

Well I really don't think you understand what pump and dump means if you're accusing Bitcoin of being one.

Usually, a pump is a short, sharp spike in price which is designed to pull in retail investors and noobs, further pumping the price and allowing those that bought in early to cash out at a profit (dump).

Nothing about Bitcoin's current price action can be considered short and sharp.

How long you have been sitting on your chair and watching the swinging of bitcoin from time to time? you have understood it that its price is determined by the supply and demand and yet you are now thinking that it is a pump and dump coin.

Why compare bitcoin to those pump and dump coins? those coins after pumping will certainly be dumped and can go to nearly zero volume. And traders have to profit, so it is usual to see people dump bitcoin for profit and rebuy afterwards.

You've got this thread in the wrong section.  You should move it to either the speculation section or bitcoin discussion, because it's not about altcoins.


There are whales, certainly.  I don't think they're actively trying to manipulate the market tho.  The market cap is high enough that it takes a *lot* of bitcoin to move it.  And if the price of bitcoin goes up, it's going to take more fiat to keep moving it. 

There has always been speculation about these anonymous whales, but I never see any hard proof, just theories.  If anyone has any good evidence that whales are manipulating the market for whatever reason I'd like to see it.

Bitcoin won't be ruled and not be the tool by the whales for too long, rest assured, Bitcoin is still very young to see the future, if you already knew bitcoin in 2009 you wouldn't feel like this.

I am not really an authority on this issue and will likely give a response based on my perspective. Bitcoin is truly young and you might have judged it harshly because of your past experience but I am certain it will come good soon or later. It is at the epicenter of this whole cryptocurrency thing

We can't imagine how the price of bitcoin turns like this, it is really far from the start and I don't know why people keep asking like this.
Prices are folded by so many times but people never think that because they only looked at what they got today. But I understand why they are bothered the current situation, they are late investors and probably they are investing when the price is already high which gives them huge struggles.

I agree. Maybe Op has been hurt. But The sharp pullback is likely no surprise to traders as Bitcoin has been ranging lower at each daily close with previous supports at $6900 and $7,150 flipping to resistance over the weekend. The fact that traders are buying into the dip suggests that many view the drop as an opportunity to open long positions or accumulate more Bitcoin. Let's focus on the future!

you are taking the speculation as a serious thing dude. bitcoin is a pump and dump coin since it was created caused by its volatility. this time, bitcoin doesn't have a good fundamental. The market has already given a very bad reaction that makes bitcoin can't stand its position even longer.
You must understand what was the volatility is. I guess you will know better about that.
People these days so crazy about that to create a lot of non-sense speculation about bitcoin without realizing the fact if the market doesn't have a good fundamental to pump the price of altcoin or even bitcoin.

Bitcoin is now dumping when whole cryptocurrency is decreasing. Bitcoin could plummet till 6K then again pump till 30k USD next year. In some prediction marketcap could reach 5 trillion next year. Prediction of Bitcoin don't work, but approximately this is another little bear of next year cryptocurrency.

It is true that in 24 hours bitcoin has gone up to 9k+ and also back to 6k +
But that isn’t enough proof that it is a pump and dump token

Likewise; it doesn’t proof any vulnerability
It’s Christmas season; and I believe few holders were converting their profits to cash to have a fun fare

NB: just my opinion

Yes, that is true? I have not seen any coin,  inasmuch as it is crypto, that it cannot or will not be subject to manipulation, bitcoin inclusive. Although, one thing I have always believed about bitcoin is that, no matter how it falls, it will rise again. There are lots of expectations on it. So, if you see it fall, it is an opportunity for you to make profits.

Bitcoin is now experiencing a calmness. Bitcoin may re-enter the upward trend. However, there is a possibility of falling. It's best to manage by dividing the portfolio. You need to plan your positions when you're out.

Bitcoin maximalist here doesn't want to call a pump-and-dump coin,  ;D, it's not on their vocabulary.

But we have to understand that the whole narrative has changed, it is not being treated as (1) store of value, (2) currency/medium and (3) investment vehicle.

So it became a speculative asset, so occasional pump and dump can't be avoid specially that there are many whales around that also play around the ecosystem.

I don't think is pump and dump, this drop is caused because a lot of people sell it because need money for holidays, and this will happen every time on holidays because many people want relax and sell their crypto coins.

I'm not going to BTC consider it a pump and dump scheme:

Usually a coin that is pump would have crashed in matter of days, we haven't seen that in BTC, on the contrary, it can quickly recovered. One trait of bitcoin is that it is so resilient to FUD, that it can quickly bounce back. No other coin/token has that capacity, once the dump happens, it will take months and months before it will be pump again, that is not the case on bitcoin.

I would agree that there are whales, but I don't see them conniving to practice this so called pump and dump in the market. They could only manipulate the price at a certain level and after that, free for all.

Ever since bitcoin is pump and dump and if you look at the history price, every year you will see a big pump and dump. Look at the chart every year for the last five years and you will see that bitcoin always go up every time it falls and the trend is really going up. The volatility is high and that's why the price goes up and down, and the demand for bitcoin has increased.

Pump and dump is a relative term for coin and token  which are manipulated in the market well if that's the case then bitcoin is PnD coin but it doesn't mean that it would be such as non useful platform. Everything in the market is PnD cause whales can easily manipulate it as long as they have huge fund to play with it

in my opinion the price of bitcoin can indeed be manipulated by the popes but not for long. bitcoin remains decentralized and the ups and downs of bitcoin prices are determined by demand and supply. and I think right now we are still in the bear market so bitcoin continues to decline.
I am optimistic that next year after bitcoin is reduced by half it will pump and enter the bull market.

Bitcoin is the first crypto and we all know that the price is only base on its demand, whales can Manipulate it but it will not work for long ,since they are many people holding it already and to manipulate the price you need to have more supply of it and need to looks also from different market and different price to make the pump and dump happen.

It's quite laughable that we were once on the train of believing that Bitcoin would be heading to $100,000. I guess that was one of the believe that spearhead the 2017 bull run. Bitcoin is majorly in the hands of few whales who manipulate the market for their own interests. I only do wish that the bull run comes again.

Firstly you have to understand that anything tradable can be manipulate by some few individuals to favour their greediness, cryptocurrency is way easier to manipulate due to its volatile nature and market capitalization. Bitcoin has always experience some manipulation in the past but its price success hasn't been built on price manipulation instead it's built on the trust and believe the community is having on the technology.

The last spike in the cryptocurrency market in general was cause by the optimistic nature of ICO investors plus previous halving which both bitcoin and other existing cryptocurrency profited from. For such success to be recorded once again sometime has to trigger the optimism believe once again among the community which the halving of block reward occuring in 2020 might just introduced as from past history, the price of bitcoin has always reacted positive after a successful halving. You should pay less attention to analysts as all they do is speculate as not one individual knows the future of bitcoin, not even Satoshi.

Now, we see bitcoin price reached $6873 according to poloniex, and the price still going to go down. We don't know until when the price will stop and reverse to the higher price because I think the range of the price now is not yet the lowest price. But I don't think that bitcoin price is pump and down only because the price will not stay at the lowest and down for more, but the price will be back to the higher price and make the highest price in the future. We will see the volatility of the bitcoin price more often in the future, especially in the halving moment that will happen in the future.

For now, Bitcoin is experiencing a very exaggerated crash because the market is bad, investors go, the scammer and dead projects create a very bad crypto ecosystem now. To go back and see the expensive bitcoin price it could have happened like yesterday's year, it's just not now the right time.

If bitcoin is just a pump and dump, maybe bitcoin has been a scam from the beginning and there has been no trade until now. Predicting is not a pump and dump, but just looking ahead to what will happen. So someone can have a benchmark in investing. Manipulation of prices by a handful of people certainly exists, not only bitcoin, all assets that can be traded can do it. What is certain is the use of bitcoin itself as a benchmark.

All trading activities wherever there are still big players who have the power to pump and dump. But price patterns are formed by buyers and sellers, not just whales. They only put buy and sell orders to attract the attention of buyers and small sellers to transact, after that happens they will definitely eliminate the buy orders and sell orders because their goal is only to pump up the transaction volume.

we can't tell more if it's hoax or not and we can't judge those who sharing their theology  about the brightest future of bitcoin because indeed bitcoin always shows a good performance and no one can declined it wherein only noobs in my opinion. .. Because as the matter of fact there's no impossible with bitcoin actually which is only those whales is the barrier. Perhaps if we keep romoting it probably they cant influence the growth rate of bitcoin like literally..  Wherein the percentage of dump will be less. And bitcoin have a reason to stand still on the top.

I'm not really sure if it's really being manipulated by whales or whatnot, but I don't think calling bitcoin a pump and dump is the right thing.
Indeed, we've seen so many ups and down for as long as you've known. I didn't even realized that we're already below $7000 mark. Let's not forget that bitcoin could recovered their price in no time, or even takes a longer time.

As a pump and dump scenario coins, usually it doesn't have that much volume I think. So it's easy to manipulate the price so the prices could crash very hard in any minutes and then it could back up really fast, vice versa, and or worst it could takes a very long time before another pump happens. I might be wrong, though.

Of course, twenty thousand dollars for 1 bitcoin is a super price for a virtual asset that does not have a real economy. But the crypto community is convinced that bitcoin will supplant the dollar and take the place of the central currency.

Bitcoin's supply is limited, so the price is very easily manipulated by groups or individuals who have a lot of money. Because one of this factors also that has makes it very difficult for Bitcoin to be accepted by the public and even the government. For the price issue, you don't have to think about it, we just need to follow the whale's wishes and most importantly is never get loss.

The price of bitcoin goes down again after it got bounce to the are where the price resists. Of course I'm aware that many traders are feel worried because its been a month and the bitcoin is still bearish. But the good thing is the adoption is continue to grow even its price is gradually going down. The price of the bitcoin will only increase if its trend will become bullish.

Bitcoin started at 1,500$ in January 2017 and in that very year it hits 19k well i know 100k per bitcoin seem impossible to many but its really achievable, for this to happen new money must first flow into bitcoin

@nanaimogold bitcoins is not always pump and dump, and yes I’ll agree it’s open to manipulation by the whales and there’s nothing we can do to stop them. The answer is simple as $100k/btc is an absurd number which is currently not possible and even the analysts know this, but they keep on saying it to get attention and fame from the media.

I dont think so, even lets say that price are manipulated by big whales it wont last long because each investors has their own decision on when to buy if the price are low and sell when high therefore it remains base on the supply and demand.

This is happening even before if you track the past history, thus we should understand how volatile btc is. Unlike other coin with pump and dump scheme after dumping usually it have no chance to recover since most investors already lost interest.

Yes, the price of cryptoqurrency is very volatile and you can see that the BTC price chart is currently down, precisely the range of $ 6,921.93, besides this is a good opportunity to buy and hold it. I believe that BTC always has the opportunity to raise prices even higher, I believe that BTC can touch $ 9,000 by 2020.

hoax maybe because no one can said that the price will reach 100k btc for real but all are only predicting  it  but its true that we can earn short gains easily  due to small up and downs of the price  . when i hear the phrase pump and down i dont think of btc but i think of those coins that are really a pump and dump coin  . you know the one that pump too much and then dump easily verry hard in the point of not returning anymore   but btc is far from these coins .

how many bitcoins are available on the exchange so that the pump and dump are done so easily by the pope, I don't think anyone has a lot of bitcoin to do pumps and dumps at this time, because the current prices are still not low compared to the end of 2018, so giving the opportunity for shoppers to take some bitcoin now when it's cheap, if whales do throw away all their bitcoins, it's a good time to buy, it won't be low under $ 5000

cannot predict exactly what will happen. with a good reputation, it could be a bitcoin pump and finally form a new support without having to be followed by a dump. but there must be a scenario for that. where if the demand is always going up and more and more new bitcoiners are joining it could be that thing

In fact, I think Bitcoin will go down again to $ 6500 but this decline is still slow whether this is a whale trick to slow down the dump or traders are still panicking, I will buy bitcoin in the range of $ 6500 and in the analysis it is indeed looking downward but I don't know whether This market is indeed being controlled or not which obviously worries a lot about this.
2020 bitcoin will reach the target level we saw in January there might be movement.

it seems like the price of bitcoin is trying to test the holders of bitcoin that can survive and can take advantage when cheap prices like this should be able to get a lot of profit when halving bitcoin which will occur in 2020, only halving can help to increase the price of bitcoin.

The goal of BTC in the next month is to be lower than $ 6000, the current Bitcoin has broken support and its price will be dumped slowly until January. But anyway, I believe this will is the last off and take advantage of this opportunity to buy as much as possible, because halving will help the price of BTC to increase like in 2016

Bitcoin can never be "pump and dump" because it requires so much money to pump it. In price perspective it has never did 20%+ increase in a day and crashed in the same day, that requires hundreds of millions of dollars to be bought and sold at the same day and nobody has that much money to invest into bitcoin pump and dump.

Whatever movements bitcoin is doing right now takes a lot of time and usually weeks so that is just market movements, sure there could be manipulation that rich people (whales) can increase the price if they want to and decrease the price if they want to and that may look like a pump and dump to you but in order for that to happen it should be done in one hour and not in one month. Look at the coins that goes up 200% in one hour and then drop back to what it was all in one day to see a real pump and dump.

After 10 years of existence, people are still not convinced that Bitcoin is a real deal and not just another pump & dump scheme. I don't know what needs to happen for people to believe. Bitcoin has turbulent times when the price drops heavily, or rise incredibly, that can be seen as some way of pumping and dumping in some moments, but that is the case with every growing industry. Nothing grows instantly, it takes time for developing, for people to see it and start using it.

I understand that you feel as a bitcoin is being heavily manipulated, and you are not wrong in your assumptions but you should never assume that bitcoin can be pumped and dumped as the whales want, they are also taking a huge risk and if for some reason they do not evaluate the market correctly they could lose a fortune in a matter of days, so they are taking a risk by trying to manipulate the market, most of the time their manipulations go as they expect but from time to time it is obvious that they can make a mistake because this market is not completely in their hands.

A hoax or not, it is good that someone believes in a good number.
There is no accuracy of what price bitcoin could reach. All we could do is just look at how the market will swing.

Perhaps because of the ATH last December 2017 (which have not been forgotten up until now) is the reason behind all this high amount of assumptions.
As I said, it could not or it could happen. The market will tell so. Demands and supply will be question if it will still go on after a few years.

Something that can hype bitcoin price, i usually take it as something that make me believe to hold bitcoin. Like to be more confident if what i do is something that might be right in future. I can say it, honestly most of bitcoin that i get is from this signature campaign and sell token from bounties. And only a little maybe use my real money.

the limited and anonymous amount of bitcoin is easy to manipulate. and I also realize that the ups and downs of bitcoin prices are sometimes manipulated by whales. and also influenced by FUD but that doesn't happen continuously. and now why is the value of bitcoin still going down? I think because we are still in the bear market. I am optimistic that when the bear market ends, we will experience an uptrend and bitcoin will pump up.

This is the only correct answer to OP's question and it doesn't even require elaboration on it.  I get the feeling that the phrase "pump and dump" is one of the only set of words some people know in the English language, and they tend to just write it over and over on bitcointalk, whether it makes sense or not.

And why would you even ask this question when bitcoin hasn't done much of anything in months?  It isn't like the price is spiking and then crashing like you'd see in an actual P&D scheme.  Take a look at the penny stock market and you'll see plenty of real pump & dump action, and once you've seen that you'll realize that bitcoin's little price movements look nothing like that.

Therefore, ATH cannot be forgotten by a trader or investor because they assume that ATH will be reached again by ATH, because that is their shadow, but we can see that the market is now far from possible to achieve low prices and cannot be reached. make sure to level up again which is clear after halving many who want the pump to occur.

Many people keep looking after that since halving is incoming but it's really hard to say that we can reach that since certain things is unpredictable and we cannot tell the exact scenario to come but if that one will come then it's a big bonus for us but if not then maybe we should be happy for the result that will be given by halving.

This is what I also see this days. Some few whales are just buying and dump on the innocent traders day in day out. One can easily predict the number of gain every movement this days.

I don't think about it that way.

Whales cannot just sell large amount of numbers or they could be left behind afterwards.
Bitcoin is now divided to many users. Look here in bitcointalk. Just how many bitcoin is flowing here and are also holding it.
It might be millions of bitcoin.
Yes there are whales who be buying and selling but that is high risk for them.

Whales are not activating the super pump of btc yet and it seems that the price is continuing to drop I dont see anything that will cause a big increase in price of btc soon. Let's just wait until next year if the price is going to be influenced by the btc halving hype that everyone is expecting.

This is only possible if those whales are related to each other or have connections and talks whether they will buy and dump which is quite impossible, there are many factors to consider, there are many whales who have different outstanding and strategies. All just happen as it meant to happen not all because of whales.

continuing to drop? Well, I think you're wrong. after a few weeks ago at the level of $ 6k, currently the price of bitcoin rose at the level of $ 7k. but it's true, until now there hasn't been a big increase, and we need to wait. all the prices awaited from the level of $ 20k to $ 100k are still speculation, but there is a big chance that potential can be achieved in 2020.

That's why we need to learn more on how crypto works if we are new here, because there are no excuses if we lost our money and we didin't know what happen because we just want to earn it just in easy way. whales are just manipulating new comers so they can buy at dump and dump it at higher price. just imagine how fast bitcoin price will dump and pump everyone is observing it so we need to be vigilant as always so we won't be left behind.

I judge the current movement of bitcoin is still in normal condition and after experiencing a decline in the near future then rising again, it's just that the increase in bitcoin so far is not too large.
but I am optimistic that in 2020 bitcoin will provide good prices and increase gradually to reach the highest price.

 I do not think Bitcoin is a pump and dump scheme, though I can say sometimes it is manipulated but not all the time.  And we all see that it may spike and drop in price but it never went worthless just like those pump and dump altcoins.  Aside from that, I also think bots are creating the market movement and since oftentimes bot have the same setup, they often move in unity thus creating a trade that looks like a  dump or pump of Bitcoin price in the market.

A pump and dump is something which dumps one time and never again. Based on that logic Bitcoin should ve been dumped to oblivion after the 30$ peak in 2011. As we know, that was not the end of the story. So no, Bitcoin is definitely not a PnD.

last year many experts said if the price of bitcoin would reach $ 50k in 2018-2019, but all that was just nonsense and the reality said otherwise. in my opinion they are not whales who are looking for profit, they are just experts who make predictions to look for fame. I used to believe that prediction, but now I know it's just a joke.

Well yeah, that's how these "prediction experts" usually work. Many people guess different prices that might seem to be unrealistic and one of them hits it right on the dot and becomes proper famous. The fact is that no one knows what the future holds for the bitcoin price and the only way to kind of predict the price is to predict the long term trend which is usually up.

And bitcoin has always been sort of a pump and dump, just look at the charts, we have around 20x pump then 80% dump then rinse and repeat. That's how most markets work, price pumps up, then shakes off weak hands and pumps again. The only difference with btc is that these moves are much stronger.

bitcoin is decentralized. there is nothing set about bitcoin. freedom is bitcoin. so who has the highest wealth, then he can control the market. Whales is one of the market controllers. and in the crypto world there are many whales. the price of pumps or dumps is their scenario of making a profit. we cannot be certain whether the price will reach $ 100k or only last at $ 10k. all whales who act to make that profit. and we can only support.

It ain't hoax, it is just a talk for now for bitcoin because it is really early for bitcoin to reach such level of price. Besides, there are a lots of issues needs to be addressed related with crypto currency like adoption, banning stuff out there. If bitcoin would be allowed in particular communities, well, we might be able to see some bigger changes than before, luckily might hit ATH once again or luckily will surpassed it. But for now, such price level was the current thing bitcoin can has for now considering the amount of adoption it has now. And some amount of portion was for the whales.

Since there is margin option we are hard to see the volatility of BTC price the same as before 2017, the volatility we sometimes see now is because some ponzi projects from China, especially Plus Token cash out their BTC and then exchanges like Binance pump the price again, basically, we are in very boring stage of cryptocurrency market

prices bitcoin already fall from 13000 usd to level 7000 usd . i think bitcoin suffer from dump since 3 month or more ; and i hope the dump will end soon for another recover to past level of last summer 2019 at latest

Maybe at the end of this year bitcoin is not aiming for satisfactory results maybe the same as last year, but indeed with the decline of the last 3 months the bullrun has not revealed itself so the coins are still unstable until now.
I am waiting for 2020 and waiting for the market to recover, especially with a few months of halving.
In fact, I have seen bitcoin move even greener, even after opening the market, the market is red again.

It is not for bitcoin to decide for aiming a satisfactory to the people, it is for the people who will decide if bitcoin is good enough to make a bullish trend. Year 2020 is already coming and people are expecting too much about of the bitcoin halving that would skyrocketed the market but in reality post halving effect will take some time.

Pump and dump concept relies on the majority of the holders being within the same mindset to sell at a certain price.  The reality to BTC is that it has the widest most open population of users in any of the crypto block chains.   Not every owner of BTC cares about selling at a certain price, quite a few who happen to hold BTC are just users who find it useful as a global spendable token.
   If we find the concentration of BTC balance in too few hands then maybe this idea of controlled prices not openly traded might have better credibility but its just not that feasible at present.  We have a competitive pricing in open exchanges multiple places across the globe, doesnt make any conspiracy very likely to succeed.

Take for an example with McAfee which do predicts out on 1M/BTC in 2020 but look at where we now? This is the main reason why it isnt really ideal to follow to these so called popular persons predictions
because it would really be just the same on typical or ordinary traders speculation.It might differ on technical or fundamental analysis but it wont really be that far.

Pump and Dump? Its volatile but not to that certain point that would be the same on shitcoins pump and dump.

I think the bandwith for next year can easily be between $5K and 10K (maybe a bit more). The halving does not come as a surprise to anyone, so it may not cause a huge price jump next year, and looking at the wave patterns (and the long term trend), between 5 and 10K looks logical.

or , all of that its true.from my opinion , if btc just a toy for whales, i dont think $5000++ is a price for btc , play pump and dump , of course they will fine if they control everything in circulation, but the fact,its not like that, u can see that from all bitcoin hodlers , like coinbase almost having 1 million bitcoin in their cold storage, binance 400K++ , huobi ,etc. bitcoin is fully circulated throughout the world . there must be a reason why dump happen or vice versa,rather than a money game.

Talking about bitcoin price maybe keep lower because with new year bitcoin look never have big power how to grow to higher price, many bad thing make bitcoin keep stable with lower price and look not have potential on higher price again, just waiting when halving time will make bitcoin change with higher price or not?

You nailed it, most of those that give predictions that are so extreme do it so they can gain some recognition and to gain attention to themselves and in the case they happen to be right they want to take credit for making the correct call and if they are wrong no one is going to remember, it is better to ignore those predictions and concentrate on what bitcoin can actually achieve during this year, personally if it was up to me I will ask not for a price increase but for a higher level of adoption in my country.

not surprisingly, bitcoin price movements can be manipulated by whales or groups of people who have large capital to be able to play prices, but market demand and supply is certainly the biggest influence on the ups and downs of market prices

I think at this time it is very difficult to conclude whether bitcoin pump or dump?
because bitcoin price fluctuations are very high. in recent days bitcoin has gone up but the amount is still small. maybe i would say bitcoin is pumping when bitcoin has passed the $ 7k level. at the moment the price of bitcoin is still $ 7.5k there is a possibility that bitcoin will dump again. let's wait whether in the middle of January bitcoin can pump or not. if it's not pumping I think we're still in the bear market.

Bitcoin will pump when many investor want to by and dump after many investor selling their bitcoin, when halving time bitcoin will pump again with higher price without we know how much bitcoin raise up, will across with higher price bitcoin last 2017 above $16k or bitcoin have higher price above $20k, whats happen with halving glad to wait and see.

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

During 5 days the price of bitcoin went up in a consecutive way but yesterday was a negative day and it seems that bitcoin may go below 8000 again which may indicate that what we saw was not really the beginning of the recovery everyone was expecting but just a bull trap and now many of those that thought the price was going to recover have lost a great deal of money and when the price gives a signal that it may recover again they may decide to not follow that signal when they should.

This isn't happening now with bitcoin, everytime the market of bitcoin continues to pump and dump. Price fluctuation continues, and this is common. One who enters the market for the very first time will think it as pump and dump. Market trend changes immediately, whether bullish or bearish it is the impact caused by various factors. One who learn all about it will know the reality of pump and dump.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.

How long will we continue experiencing the same market behavior, although that pumped so fast in the next few hours but immediately took off its falling trend. Pump and dump hasn't made a good market outcome, that's why we mostly experienced a quicker market downfall. Bearish market won't get rid of possible bullrun because it wouldn't allow some good pumps to dominate.

Bitcoin is unique digital currency because depend whit their external news where Donald Trump make band news whit bitcoin suddenly bitcoin back whit lower price, but when Iran attack whit United Soldier why can make bitcoin up whit higher price, have bitcoin got issues war to make price on higher price or just bitcoin keep stable coin without need external news to make price up.

Firstly, i will like to clarify the OP question though the question was ask the last month of 2019 but the sane trend still happen now and my answer is "yes" the bitcoin market is now in a pump and dump stage. But it has nothing to do with the US and Iran tension happening recently because this current trend.

world war made people alert and they are saving all their money into some kind of investment. Now a day best investment is now bitcoin  it is good and safe. I hope this high investment will make the market bullish and will put good effect in crypto world. Pump and dump is so common in bitcoin history as it’s most volatile crypto coin.

Whales are good at hyping the price of Bitcoin because of their own gain. Just a few of them give price speculation because of the potentiality the see in Bitcoin in the long run. Somehow this over hyping of price may be good but sometimes it could be the opposite.
It will draw people to invest in it, but can't keep them to hold for long. That's the down side.

bitcoin now pump more than dump because prices already gain up 15 percent but there is some people who sell their bitcoin because reduce of hope but if this wave continue for sure prices can rise above level 10 k usd eaisly and people that dump bitcoin will never effect the market like past weeks

do you mean the 6 digit mcafees prediction? I think it will be difficult for prices to reach 6 digits, moreover he predicts the end of 2020. Historically the price of bitcoin did not increase very high when halving happened in that year. but if it goes above 10k$ I think this month might even be achieved if the movement of bitcoin can be stable above 8k$.

Well, you have a point besides, I've read some articles that as tension grows between US and Iran Bitcoin is up by 10%. This only imply that tension have impact in the market. In addition, investors think that Bitcoin as safe haven because they believes that cryptocurrencies especially Bitcoin is one of the best hedge against risk aggravation.

The author of this prediction has already stated that it was all a hoax to pump the price and confirmed that he came into the space only to make money. We all knew that but now the cat is completely out of the box. You can wipe your butt with his prediction just like he wipes his with dollar bills of shitcoin investors and washes it with their tears :D

It's likely to rise even more. I'm sure the price will be above US $10k in the next few months. I don't believe in any predictions that bitcoin will fall to 6 digits. We know that the current bitcoin movement has increased so whatever happens in the future will be the best.
Halving is slowly moving forward bitcoin we will continue to see the heavy obstacles of bitcoin after halving occurs.

But I don't think that it could have a long-term effect. Besides, the conflict now is slightly getting over and it may be their government leaders had also realized the situation and how could affect their economy as well as their people.
And looking to the current price trend, it is still manageable and we are able not to get far below $8k which means that we are soon to recover shortly.

thats right, he charges $105,000 per tweet. some well-known crypto influencers such as mcafees and elon musk have a specific purpose for each tweet. Don't trust it too much, and you can take advantage of the pump and dump scheme.

It is impossible for any asset to always go up or down all the time, we need to give bitcoin some time before it can move like that again, besides you make the observation that the market is boring which is something really interesting because to me this is not about obtaining any kind of entertainment, I am in this market for two reasons, the first one is because I really believe this market and its participants are part of something that will modify our lives forever and also I'm interested in the money that I can make.

I think 2019 already enough time for bitcoin price to get that phase. Maybe with halving will trigger bullrun of bitcoin itself and there might be strong reason too why people keep optimistic about this year will be time for bitcoin pump.

A usual thing to happen in Bitcoin seeing a consistent price fluctuation. Though we think that Bitcoin will pump soon but it really to see moving high over $20k. The market resistance is still low, not enough to make a huge push and drive for another ATH.
However, it not the way we look for Bitcoin but to see how it has been used as currency is much important and this is also a way to start for a surprise strike.

Pump and dump is happening, there's a lot of situation you can see that every year but it still looks good if you look at the big picture.
Instead of watching the pump and dump which is only good for day traders, if you are a long term investor, you should watch the yearly low and you shall see an improvement per year.

Because of the fact that the market can be manipulated or is manipulated, pump and dump has become normal already.

most people think that Bitcoin right now is manipulated by a few whales but besides that, we need to remember that the volumes of past and today are very different. of course, this affects the price of BItcoin too I guess.

Some traders/investors may have withdrawn their capital from crypto so that the decrease in volume automatically affects people's interest when they want to reenter the crypto world. and if you can take advantage of existing moments of trading for the short term, as day traders can get benefit maybe.

No bitcoin have pump because from $7800 become more than $8500 and look keep continue to higher price, we will get moment last 2017 where bitcoin could raise with higher price and make many investor very excited with bitcoin and altcoin investment, but war between Iran and United State become most dangerous way how to make bitcoin will back down again.

Indeed pumps and dumps have become normal in the cryptocurrency market and that can be done by someone or indeed the effects of the market itself.
But now there is a lot of pumping in the green market and including bitcoin has touched the price of $ 8500 that means the bearish market is gone and we will see new opportunities in the future bitcoin and altcoin will have a good season this year.

It is normal to see bitcoin get pump and dump. If you can use the pump and dump the moment, I am sure you will make a profit from that, so you can enter the market before that moment is happening. But unfortunately, it is so difficult to know when the pump and dump moment will come, and no one can predict, but we can try to place our money at some level price, so we don't have to worry if the price increases or decrease higher. We can always take the opportunity from the pump and dump moment.

But you always need to be careful because the pump and dump can move so fast, and if you don't prepare, you will be too late to buy or sell bitcoin.

Yes, no one can know the rise and fall perfectly ever one makes predictions. Price of bitcoin pumps and dumps because it’s volatile crypto and I do consider the crypto volatility really a chance to have many coins in low investment. For getting profit from this volatility its important to keep eyes on movements and know the pumping and dumping time, if price fall just buys and when rise better selling it.

I think that currently it's hard to define the precise direction of price. To my opinion it will not go one way only. Although it looks now that we have growth corrections will happen and price will probably continue to fluctuate somwhere in range between 7000$ and 9000$ but it's not very likely that it will cross that boundaries.

Not easy how to prediction with bitcoin price although have good chart way and we compare with bitcoin price last year but always have little and bigger mistake when predicting with  bitcoin price, maybe one way how to get correct way to predict with bitcoin price during have higher price, many people get accurate when prediction bitcoin on the top price.

Undoubtedly, Bitcoin could not be Pump and Dump, since Bitcoin has a history of more than 10 years today, if we analyze the entire history of Bitcoin through the Wyckoff method, the main stages of the market have been fulfilled: Accumulation and Distribution, not only with Wyckoff, any type of theory is applicable to Bitcoin, I think that to talk about Pump and Dump is for relatively young cryptocurrencies and that they are of recent projects, whose main characteristic is that it has no history. Volatility is what makes many confuse, makes talk about bubbles, pump and dump, but you should try to understand how volatility affects the market.

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...

How many bitcoins are available on the exchange so that the pump and dump can be done so easily by the pope, I don't think anybody has a lot of bitcoin to do pumps and dumps at this time, because the current prices are still not low compared to the end of 2018, so it's a good time for shoppers to take some bitcoin now when it's cheap, if whales throw away all their bitcoins.

In crypto platform exchanges are major role in backend, But exchanges are never fix the price and market cap.I think Bitcoin pump and dump was fixed by investors only because they have huge BTC in wallet so once they sell BTC suddenly it will reflect in market and other altcoins also follow the dump and pump because investors only hold the major cryptocurrency in pocket. I hope this year BTC occupy major pump on Bitcoin and altcoins.

That prediction was never possible to begin with, the price of bitcoin is not going to go that high during the next months to reach his prediction but most likely we are going to see positive movements in the price of bitcoin, what we need to know is if the movement we are seeing right now is the beginning of the bull market everyone was expecting or this is a trap and eventually the price will begin to crash and it will keep generating new lows.

There is not doubt that there is some manipulation that is causing volatility.  However, I think there are fundamental reasons for Bitcoin to exist in spite of all the speculation and manipulation.

in my opinion up to now what has affected the price of bitcoin is demand and supply and also world news. although bitcoin is decentralized but in my opinion some of the major events in the world can also affect bitcoin holders and ultimately can affect demand and supply.
the price of bitcoin can also be manipulated by the whale but I think it will not be for a long time because now the community and users of bitcoin are getting bigger.

Affected of bitcoin have higher price because close with bitcoin halving time to make many people interested with bitcoin and altcoin investment, but when halving is over will keep continue for bitcoin keep stable with higher price or become down, always have moment after halving bitcoin back with lower price.

There was a time years ago in which every news that came from China affected the price of bitcoin but after some time that moment passed but I really think that the recent problems between the United States and Iran led to the growth of bitcoin since people were worried about a new war erupting and the consequences this will have in their savings, but now that fear seems to be out of the way the price of bitcoin is having a lot of problems to grow up.

yes same with me. i think the bitcoin increase high price because war issue of Iran and US then based that many people save their money to buy bitcoin. its look like reasonable cause bitcoin price will increase if the a lot of demand of bitcoin. but not little people said that this case there is no relation about  bitcoin price and war issue of iran and US.. i do not know which the true

Maybe back in 2012 ish yeah you would have a point but not today.  There is too much demand on a global level to think that a couple people are wielding all the swings.  Can it happen once or twice sure but the constant swing can not be sustained by a select few.  That is just the nature of 24 hour unregulated markets they are always going to be volitility in an environment like that.

Bitcoin is just in the hand of a few to manipulate the market as they want. You gat to learn how to swing with them (whale). Regarding the 100K per Bitcoin, it is a good hope but nothing something to be expected at any time soonest

currently in a dump condition again in other words the pump yesterday was just a bull trap. Well, this is actually common happen, especially when there is a celebration day like Christmas and tomorrow is the Chinese New Year. just imagine bitcoin is currently there is a discount (an opportunity), it's time to buy again.

At least some people recognize that in 2012 the markets were still easily manipulated. Which is why I still think 2010-2013 numbers totally can't be used to count growth seriously.

But anyway, of course things have to start out like that. Bitcoin had to have one miner in the beginning, and 1 user. That's just how it works.

I like to think of growth in terms of users or in people actually using bitcoin not just trading it speculatively.  It's a hard number to grasp but dealing with growth numbers just in price alone doesn't mean a whole lot.  Bitcoin needs footing and if that's at a lower price than so be it.  The pump and dumpers mostly are in the alt markets because it's easier to move by yourself than bitcoin.

Many believe that due to the size of the market it is impossible for the price to be manipulated and that is simply not true the price is going to be manipulated no matter what you think, the whales are very powerful because they are holding huge amounts of bitcoin and as soon as they see the market moving in one direction they can always move the market in the other direction and get the money of all of those that were using margin trading in a very easy way.

Bitcoin can be manipulated.. come on, there's no equal distribution of the supply and there are people who hold a big number of bitcoin which gives them enough power to manipulate the market. You want proof? here : https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

https://imgbbb.com/images/2020/01/27/proof.png