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MakeMoneyBtc
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April 02, 2019, 03:06:59 PM |
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Bitcoin market could definitely be manipulated by anyone but in order to do that you require a great amount of money and a good reason to do that. You can't just play with the price because you are bored and don't have anything else to do, you do it with a certain reason and purpose.
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Adriano2010
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April 02, 2019, 08:48:07 PM |
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To manipulate bitcoin price will be need that a lot of millionare, people to make a team and put most of their money on bitcoin market and start buy and sell or only buy, but they will kot risk their money to manipulate bitcoin price, because is too risky for them.
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maxreish
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April 03, 2019, 01:43:35 PM |
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From my many experiences in trading, there was no exception in manipulating the market including bitcoin. The big investors can easily dump and pump the market whenever they want it. And unluckily, we can not stop them. They control the market ways and that's the truth.
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Dr.Osh
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Buzz App - Spin wheel, farm rewards
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April 03, 2019, 02:49:01 PM |
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To manipulate bitcoin price will be need that a lot of millionare, people to make a team and put most of their money on bitcoin market and start buy and sell or only buy, but they will kot risk their money to manipulate bitcoin price, because is too risky for them.
you're right, it doesn't look that easy. I think the risk is greater, and the loss that can be obtained when doing this. I think that is quite a difficult thing, moreover there are hundreds of markets that sell bitcoin. |
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ausbit
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April 03, 2019, 08:22:20 PM |
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Bitcoin market could definitely be manipulated by anyone but in order to do that you require a great amount of money and a good reason to do that. You can't just play with the price because you are bored and don't have anything else to do, you do it with a certain reason and purpose.
Whales could actually cause this to happen but they might no longer succeed because we have lots of investors who are actually quite very rich and genuine to counter the actions of the whales with their simple act, some of the actions of these genuine investors are what we saw yesterday which got the price stabilized above $4500, so right now, with the way bitcoin is being accepted and used, it will surely be quite difficult for them to really move that market again as they like, and even if they will do, their effect on the market will really be less significant and will seems just like that of traders activities. |
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South Park
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April 04, 2019, 04:58:29 PM
Last edit: April 10, 2019, 05:15:56 PM by South Park |
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Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?
In a way you are right the market cap of bitcoin is very low and there are many institutions and individuals that could try to manipulate its price, but if they tried to buy as many coins as you state that will make the price of bitcoin to skyrocket because many of the coins are not up for sale and are being held by long term investors so as they keep buying coins the price goes up and it becomes more difficult for them to keep buying coins, and even if they could get control of enough coins to manipulate the market will they be interested in crashing the price when they paid so much more for each one of their coins? |
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Mommynigabby
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April 08, 2019, 01:26:40 PM |
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Not just Bitcoin but I think in general everything can be manipulated by Whales. I read somewhere that someone purchased 100M worth of BTC which might have caused the pump the last few days. Let's see if this rise is organic or quite manipulated.
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Ronyx
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April 08, 2019, 02:50:12 PM |
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Cryptocurrency cannot be separated from manipulation, with a high increase and then falling low, I think there is manipulation in it, and for that we must be more careful.
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Indamuck
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April 08, 2019, 02:58:40 PM |
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These billionaires can easily make the price jump 10-20 % with relatively small purchases. Imagine the movement Jeff Bezos could make happen on the crypto markets if he threw a few billion in bitcoin. Throw a few billion into USD and nothing even happens.
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Natalim
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April 09, 2019, 05:57:31 AM |
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These billionaires can easily make the price jump 10-20 % with relatively small purchases. Imagine the movement Jeff Bezos could make happen on the crypto markets if he threw a few billion in bitcoin. Throw a few billion into USD and nothing even happens.
Only them has the power to move the price, they say whales can move the price so they are called whales. Actually that is not new, this market has been manipulated and they are still here doing that from time to time but it would be nice if their manipulation will result to a bullish market, lots of investors will be happy. |
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OrangeII
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April 10, 2019, 03:21:46 PM |
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These billionaires can easily make the price jump 10-20 % with relatively small purchases. Imagine the movement Jeff Bezos could make happen on the crypto markets if he threw a few billion in bitcoin. Throw a few billion into USD and nothing even happens.
actually, manipulation can indeed be done. but, of course it is very risky. we know that only people who have very large money can manipulate the price of bitcoin to be bigger. however, we know there are so many holders out there, who will certainly sell the assets they have at a certain price. so, it's very difficult to do that. |
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South Park
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April 10, 2019, 05:20:06 PM |
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These billionaires can easily make the price jump 10-20 % with relatively small purchases. Imagine the movement Jeff Bezos could make happen on the crypto markets if he threw a few billion in bitcoin. Throw a few billion into USD and nothing even happens.
I'm really not that worried about whales that are holding fiat because the market of cryptocurrencies given enough time will grow more powerful and more people will begin to use them which means that the amount of fiat that you will need to buy a bitcoin will go up and the power of those whales will go down, the whales that worry me are the ones that are holding huge amounts of bitcoin because regardless of its price in fiat they will still have the power to manipulate the market as they want. |
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KennyR
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April 10, 2019, 09:32:31 PM |
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These billionaires can easily make the price jump 10-20 % with relatively small purchases. Imagine the movement Jeff Bezos could make happen on the crypto markets if he threw a few billion in bitcoin. Throw a few billion into USD and nothing even happens.
actually, manipulation can indeed be done. but, of course it is very risky. we know that only people who have very large money can manipulate the price of bitcoin to be bigger. however, we know there are so many holders out there, who will certainly sell the assets they have at a certain price. so, it's very difficult to do that. I don't think it is risky, because one with the large fund manipulates. If the market reacts to the move made by him, he'll get the profit through the same in a short time period. If not he isn't gonna get any big loss. From my understanding earlier it was highly manipulative, now things have changed as people don't panic sell or take some immediate action on price manipulation. Upon this the market won't be that volatile for the whales to profit big. |
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