It might have been possible to manipulate the price in 2012, but there is really too much money involved in trading bitcoin now to be able to manipulate it. When you have small amounts "moving" the price it is really a consequence and the price would likely have moved in such direction with or without your trade
Right now bitcoin has had a $21,173,900 volume of trades today. Moving the price for any significant period of time would cost a fortune today. Assuming that your figure is correct, you would probably need to throw at least seven figures (in excess of a million dollars) to potentially move the market in any meaningful amount. That is really just too much money to risk in order to make a few bucks It depends how accurate coinmarketcap's figure is because I cut and pasted the figure directly off it. There must be quite a few millionaires here, but I doubt they would be willing to risk a million to make a few bucks when they can already live off what they already have for the rest of their lives. |
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I read posts by two different technical analysts saying completely the opposite to each other today. They cannot both be right.
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It might have been possible to manipulate the price in 2012, but there is really too much money involved in trading bitcoin now to be able to manipulate it. When you have small amounts "moving" the price it is really a consequence and the price would likely have moved in such direction with or without your trade
Right now bitcoin has had a $21,173,900 volume of trades today. Moving the price for any significant period of time would cost a fortune today. |
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But consider this: Most coins MUST increase in value as time goes on and as more people adopt the coin.
Especially proof of work coins, coins with increasing difficulty, and coins with a set limit on total coin supply.
Are you seeing what I'm seeing?
Honestly no  usually what happens is that after a certain time, your wallet stop synchronizing and it is totally over I found that the wallet stopped syncing for a number of coins I have. Once the network dies the coin dies. |
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Supernet's at $ 4.60 which is very close. Given a bit of a push it might hit $5.
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Fewcoins, you wrote as if you have many 'teams' of traders? What's the deal?
Here's his deal I have been running this service for a while with my buddies but now it's time to offer it to anyone interested...
PM ME FOR MORE INFORMATION!
I have decided to go through paypal even though most of you will have the ability to reverse the payment at some point... I am pretty sure everyone would be more than satisfied and wouldn't try to screw me over on a paypal dispute but I understand it is possible, we are able to take the risk due to insurance loss coverage.
Basically any amount you send me over paypal will be day traded in the market using leverage on Bitfinex. Since we have always made upwards of 200% even on a bad week, we have no problems issuing you double the amount you send in a few weeks time. We can do shorter terms of around a day to upwards of a month & the % you get varies on that.
We have a fully insured corporation located in New York City. Your payment is also guaranteed under buyer protection through paypal...
Obviously you can send us bitcoins directly and receive a return on investment but for newbies or people who are unsure, we can send you a paypal invoice once you send me the e-mail address associated with your account.
PM ME if you need more information, today we are opening up long positions in anticipation of the incoming price bounce.
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It appears to have no announcement thread and a few giveaway threads that were quickly moved to the trash can. No wonder it's not listed on any exchanges.
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No, nobody can ever predict the price. Not five minutes from now or 5 days or 5 weeks or 5 years. bitcoin isn't for the impatient so if you can't handle not seeing instant gains it might not be for you.
+1 Anyone can make a prediction but nobody knows for certain what the future price will be. |
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Number one looks best to me.
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It's always darkest just before it goes pitch black!
What does that mean??? Then pitch black is the darkest. it is a quote from Baron Rothschild... ........ Could you post a link to his quote please? I had no luck Googling for it. |
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prolly creating their own system to compete with apple pay.
Is apple pay getting popular at all? I remember the fanfare when it was introduced then news of a double spend problem, if memory serves me correctly, Since then I have heard nothing about it. If facebook is making their own apple pay competitor it might not be very popular. Considering the amount of information they want to gather from users it might be a flop. |
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I would say a large percentage of alt coins are worthless but not all of them. A large number are made by newbie devs who want to make a quick buck then abandon their coins. After a coins dev has run away it usually becomes quickly worthless.
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That link gives a page not found error. |
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Daily chart reality is still a strong downtrend and likely rallies are just another shorting opportunity. Not likely. The bear market is dead, up we go. 2015 will be a good year. Even that article's author is not quite as bullish as the title implies. This is a quote from the article. There is a distinct possibility that the price will re-test 304 in the next day or two. It may possibly test the $292 area, but it is doubtful that traders are going to be panic selling past there, IMO. |
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Everyone knows giveaway threads are banned here and anyone posting addresses could get the thread locked. Posting an address here is an extremely inconsiderate thing to do considering what the thread is about.
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In 2013 Mt Gox was the dominant exchange and bots most likely had only to run on Mt Gox to influence the whole market. Today bots on one major exchange would most likely have to compete with bots on all the other major exchange.
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Making a self moderated thread here makes a coin look iffy, but restricting discussions exclusively to the devs own forum makes a coin look reallly iffy.
Those of us that know the history of reddcoin and some of us even fell victim to it. There has been a lot of shady business. I for one and glad they have moved into their own circle jerk it will protect others from falling into their trap here and on reddit. I heard the name but never did any research on it. There was one member here I remember who said he made a fortune on it but that was ages ago. Was it pumped and dumped? |
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I think this little rebound is going to bring a long fall to 2XX soon  The market's been frozen for the last half hour. People are probably waiting to see which way it goes. |
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Meh if you're seriously taking investment advice from some trolls on the internet forum i really have no sympathy for you  I'm not taking advice but I want to compare his prediction to the real price on new years day to see how good/lucky his prediction was. |
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