Bitcoin Forum

The Bitcoin market is often accused of being a manipulated market. Main stream media and Wall Street wolves like Warren Buffet don't leave a chance to emphasize this aspect. While I think they are (partially) right, the old school financial market is not much better. And this aspect is not mentioned very often, this is why I would like to share this article of Cryptobriefing: https://cryptobriefing.com/amp/world-not-shocked-as-jpmorgan-fined-65-million/?__twitter_impression=true (https://cryptobriefing.com/amp/world-not-shocked-as-jpmorgan-fined-65-million/?__twitter_impression=true)

$ 65 million is not a very large amount. With the manipulation of the market volume of 300 trillion JPMORGAN earned more than 65 million. This is another PR company. For people, the regulatory authorities showed a show of their work. At the same time, everyone is happy and everything remains the same as it was.

I think you are right, but at the same time I feel that similar incidents are brought different in the media. Why do you think that is? Because of the smaller market cap a manipulation has more consequences? Because media is biased towards crypto? Because media is largely controlled by the same people heavily invested in traditional financing?

By the way I don't get your sentence "this is another PR company". What do you mean by this? You mean JP or you mean the company behind the link I posted?

It's almost as if regulations are worth next to nothing if the largest offenders are not meaningfully held accountable ::)

Still I'd argue that pointing fingers at the traditional markets won't help anyone. Crypto needs to be better than that, but I'm afraid that market manipulation is hard to mitigate.

I guess the reason for the recent focus on market manipulation within crypto is that people are looking for an explanation for its price increase. Since prescribing value to something virtual is rather counter-intuitive for most people, market manipulation is an easy cop-out explanation. (that is not to say that market manipulation isn't taking place. I just doubt that its the only reason for the recent rise of crypto.)

Lmao. This story kind of puts into perspective how much larger in scale manipulation in traditional markets are. Tether and its bullshit kind of pales in comparison, along with the allegations of exchanges with fake volume. Detractors can't point towards market manipulation as a downside to the crypto market if it happens everywhere.

I know that $65 million is a massive amount, but is essentially a slap on the wrist considering the magnitude of manipulation. It's still something compared to crypto manipulators generally roaming free though.

The entrance of a new player to the exchange is always an event in the world market.  Everyone will think that the crypto currency will be like manipulating the market.  In fact, it is developing the market and trying to influence it.

This identity you’ve mentioned are biased on the higher level and the possible motives is visible in they’re actions.. To make it more convincing using mainstream media and victims of this so called crypto fraud is part of its propaganda..

 Why it that so?? Mainly because they wanted to divert the attention of the people to crypto market mistake and manipulation than looking on they’re own Stock market manipulation for centuries..

Don't you find it to be a bit shocking?

Large capital always works under the cover of corrupt officials at the highest level. They can do anything. Any penalties for them are like a mosquito bite. Painful for but not critical. They can always earn a billion and pay a fine of 65 million so that the government can report to the people about the fight against fraud. It's cheap.

I wonder how the hell they found that out and,more importantly,why only now
with the sudden revelations about Tether and the prices plummet across the board
I think we are getting prepped for some major drop in price aka manipulation at a higher level
65 million is not even 1% of a daily turnover at some exchanges,so this is more of a signal than a real attempt to regulate things

means this is one of the causes of this week's falling market prices even very rapidly turns out that big investors are manipulating prices for their own benefit but we can not do anything if it does happen.

They can't find anything out. They just assume that it did happen or that it is likely to have happened.

In the end we are coming down to the point where this may very well be the next attempt to defame Bitcoin's growth. Bitcoin according to most of the general opinions is nothing, creates nothing, is backed by nothing. For that reason, why should it have value?

I won't deny that I think something shady is happening with Bitfinex and Tether, but as long as there is no actual evidence backing it up, there simply isn't anything that proves it is indeed the scam or empty put people think it is. Tether is as "trustworthy" as it was a year ago. Nothing has changed in that regard, especially not because of 'research' done by whatever parties.

If the proof of fraudulent activities was present, Tether wouldn't exist anymore. Don't people here think authorities would love to see what's happening behind the scenes? If they wanted, Tether was raided a year ago already. The incentive isn't there.

Any kinds of investments can be manipulated by anyone including by Warren Buffett and Bill Gates as long as you have the huge resources to be use as main tool of manipulating. They too could pump and dump any investments other than crypto to protect their own interest which is a natural strategy for some big time business tycoon. Therefore its unfair that they will just accused Bitcoin price movement of conspiracy while they are claiming that they are not and that they are cleaned.

These financial institutions will always be caught as moving those large amounts of money will always get the attention of the authorities. Sadly the fine they are paying is nothing compared to what they have earned in the manipulation of the market, they would rather pay the penalty instead of facing jail time which I think is not possible for them, they would always make the company being in a "juridical entity" as a defense from this charges. What I want to see is that this kind of justice will improve and will also cover the cryptocurrency market, as the US government has an ongoing investigation about fraudalent fake bids, volume and important data being feed to us by known crypto exchanges.

I also heard that the us government is investigating the fact of fictitious rates, but what can they do? It is impossible to prove that the bet is fictitious. All of these rates have real cryptocurrency security and from a legal point of view they are legitimate. It's going nowhere It seems to me that the exchanges themselves suffer from such rates due to lower sales volumes. They will be the first to come up with the rules of trading on the exchange to fight such manipulations.

That is why they will hide under the legal framework to delay the little justice because they have much money to wet the palms of who ever will let them off the hook, down to the witnesses.

Is a pity case the difference between the wealthy and the poor. They manipulate the stock market, collide with the government officials to embezzle genuine investors money and won't go to jail.

such is the lack of crypto is the price can be manipulated by those who have large funds because the price is determined by the volality so it is very easy for them to raise or lower the price

It's been manipulated already since the "Whale word started" for early adapters of Bitcoin and those bigger names in the name of crypto they were millionaires or billionaires, so they do have the power to manipulate the prices of crypto market.

Bitcoin market is not yet perfect but it is still useful and need some updates to fully catch up the advantage of the modern technology. And 65 million dollar is not that big enough for them, i think they already know that it would happen or maybe this is their plan B, just in case they fail which they really are. IDK this is just my opinion.

The manipulation news isn't shocking to most traders. It comes as a FUD and sometimes, it looks as if it is going to pull the market down but whatever happens with it, the market will still regain its strength.

The one who able manipulate, IMO are they who played crypto ealier !
As I know bitcoin value depend on supply and demand so it's more easier for being manipulate rather than stock value ,right ?


As for now, BitHumb exchange and other exchange often get hacked recently , that's really destroy bitcoin's popularity !

FUD is just one way of manipulating the market. There are many more.
You can hack an exchange, pay off some politicians to ban cryptos, or pay off the police to raid crypto exchanges or search homes of traders. And let's not forget about the most common one: get fiat money to an exchange, publish fake research that seems to point at tether manipulation, wait for a dump, buy cheap coins.

Its always been part of reality to have these kind of possibilities and this doesnt only exist on crypto but this is already happening long time with traditional forex and stocks market and now as long there are elites or those people who are on the top of the chain then its not surprising manipulation would always possible to take place. For us retail traders or investors we cant do nothing but to bare with it since we dont have the capacity to fight of the trend or such decisions thats why we do mind up on utilizing that movement to make profits somehow.

But yes, if you look at the market, when bitcoin growth rate goes up, all other altcoins rate goes up likewise the same , when the bitcoin value goes down, all other altcoins' value goes down. So its inter related. Fluctuations are common with all altcoins. Demand to coins make difference in values. Investors bring difference in values. All these things manipulate the market.

It's not as bad as it looks. As much as the manipulators can benefit from what they do, we can follow their patterns closely and benefit as well. Most people with common sense cashed out profits during the rally and have bought back way lower. The only people without that advantage due to the moment they entered the crypto space are newbies, but then again, who on earth buys something that has gone up 15-20 times within 12 months? It's just retarded, especially so if they actually thought the price would keep pumping way beyond the levels they bought at. In this case it's not the manipulation that should be blamed....

This cant be denied that manipulation exist for a long time  in all kind of investment platform. What can you expect from the people who can do everything, because of the most powerful possession that a person must have? "money".
This penalty is just a piece of cake compared to what these people earned from manipulating the market, say what, like ten or 20 folds? And that kind of news is just a show off for the people to believe that the government was doing something about this fraudulent activities.

Many governments are part of this system. Corrupt politicians are funded by the rich. Do you think they are ready to fight the "hand" that feeds them? The Fiat financial system has lost its economic Foundation and exists to keep the world as it is. The emergence of cryptocurrencies is a revolution. Whales are part of the embedded large capital agents in the bitcoin community. Who will fight them?

Well, it is normal that when there are some capitalists or whales (who have the biggest amount of Bitcoin and other cryptocurrencies in the market) then there is the manipulation, everyone wants to achieve his/her goal and unfortunately, the money is the weak point of many people. Furthermore, despite that this big crisis lasted for a long time, but I think that this bad manipulation and bad developments is temporary and it will last for some period and regrettably, we do not know when there will be a good evolution of the market, but we can give some prediction which can be true or not. So we must believe in Bitcoin and the cryptourrencies in general, and hope there will a good surprise soon.

You can believe whatever you want. Many people believe in God but that doesn't mean they have a chance to meet him. In order for the situation in the cryptocurrency market to change one of your faith is not enough. There must be certain conditions, but I see no preconditions for that. Probably the fall in prices will continue.

one of the shortcomings of the digital currency from some other shortcomings is that the market can be manipulated by big investors because prices depend on volality so they can set their own price.

I don't know what are you talking about mate, there is a possibility that the big investors can make manipulation in the market or those big politicians that want to manipulate price and keep spreading FUD news to discourage small investors and do the panic selling. Probably that happened many rich people can play the price the bitcoin in the market.
Lucky for us that we know everything here regarding bitcoin price manipulation we don't act panic selling because we are already aware.

For those who are aware and do have experience on how this market moves then i would say we do have the advantage but not totally exempted on possible loss. We are still at risk yet we dont know on when those manipulations can happen. Hard to detect since we arent part of whales unless if you do have insider info then its possible but most of the time we dont have those kind of informations which we are still considered the same for those people who are investing to the market.

Well, it is true that there is really a price manipulating but not only in crypto currencies market but manipulating is always present in every business markets in which this is natural and part of their strategies of the bigtime investors so that they could gain more therefore we should be use to it but find a way on how we could ride with them and earn too.

To copy the tactics of the whales you need to know their accounts but it's impossible. Also you do not know the plans of the whales. At some point they start selling coins at the lowest prices. Can you determine the moment they start buying coins? No, impossible. Whales will always be ahead of you.

Market manipulation is something that really harms the healthy nature of the crypto market. It forms part of the factors that largely contribute to pump/dump in massive amounts.

The economic market can not live without various manipulations.  They do this to check the currency, see its potential.

if you are an account user you should be familiar with this matter about data manipulation that can be done in the market by big investors.

I disagree with you, manipulation usually being done by whale trader in order to gain some profit from uptrend or downtrend period.
Almost every trading activity may being manipulate but crypto trading , IMO is the easier because as we know bitcoin value depend on supply & demand !

Without any kind of fundamental analysis there is no doubt that this market could easily be manipulated. Most of the available cryptocurrencies out there don't have any kind of value within therefore only making the demand as its main determinant of value. With only news and price charts our tools are not enought to make the weak hands believe in their own investments. Without enough trust in the market they are often becoming part of the FUD.

Even on forex trading ventures market manipulation is always been present as long there are people or groups that had the power to move prices they can always involve themselves into things that do really involves money.
Supply and demand is always been there and wont really be absent when it comes to trading- its all about sellers and buyers- there are big investors and there are small ones which its normal to compare or think that who do have always the advantage.