How is BTC different than STOCKS if it is so manipulative??

[Enjel]

How is bitcoin different from stocks:
-decentralized
-fixed supply - no sudden dilution
-numerous exchanges with different price, books, liquidity
-much much more volume
-much more volatility
-not regulated
-price movements tend to trend instead of having instant movements on news like stocks - because it isnt locked down by banks and professional traders yet
-difficult to short
-no 'book value' that can be calculated from assets, earnings, etc - completely speculative
-24/7 markets worldwide
-free instant market data including full L2 with robust presentation tools for free
-can trade different coins directly with eachother without selling and buying for cash
-can transfer and settle coins between different people instantly
-can hold coins off of exchanges
-cannot be halted, confiscated, or seized by an authority if held off an exchange
-no ownership in a company
-no dividends (except forks)
-coins can be stolen or lost into a void (reducing supply) if sent to the wrong address or the key is lost

Bitcoin is now $200bn+ and more difficult to manipulate. You might be able to manipulate one exchange but then the rest might not follow. Little altcoins can definitely be manipulated. Ive seen price movements and breakouts in little alts triggered simply by me placing a large order (which I intended to buy of course). It's kind of like poker where the bigger your stack gets the more successful you are.

If you ever intend to use part of your 10000% profits vs. Bitcoin to trigger a breakout in a small alt, I invite you to consider Oyster (PRL).

[aardvark15]

Hi friends,

what a roller coaster ride it was this week!

We know, when people buy bitcoins the price rise and when people sell price drops. There is no other factor here.

So, what we have seen is group of large investors ( 'whales')  are manipulating the whole BTC market by simply investing all together and rising the price and then suddenly starts selling and so BTC crashes.  When BTC crashes this same 'whales' again buy them in low price and again sell them high and make BTC crashes!! And the circle continues...

If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..

Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales..  is it not??

There are a lot of similarities to the stock market. It seems that investors are influencing the price of cryptocurrencies regardless of how good a cryptocurrency actually is. People are putting huge amounts of money in to coins just because they want to jump on the bandwagon.

What we will do see is that some coins will survive while others will not as the really good coins move to the top.

[vanish9]

OF COURSE that it is easy, then why do you think that it is full of whales who are always doing whatever they want in order to earn more money?

Because they could bought tons of bitcoins before, and now they have the right to do whatever they want, they deserve it at some point anyways.

I just want to know your opinion about the manipulation part of the BTC. Is it really that simple to manipulate the price of BTC??

[Silberman]

Hi friends,

what a roller coaster ride it was this week!

We know, when people buy bitcoins the price rise and when people sell price drops. There is no other factor here.

So, what we have seen is group of large investors ( 'whales')  are manipulating the whole BTC market by simply investing all together and rising the price and then suddenly starts selling and so BTC crashes.  When BTC crashes this same 'whales' again buy them in low price and again sell them high and make BTC crashes!! And the circle continues...

If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..

Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales..  is it not??

When seen in that light bitcoin is no different than stocks in fact we could say it is even worse, in the traditional markets there is regulation, not as much as we would like but there is some, in the bitcoin market there is almost no regulation and even if there was a set of laws to rule over the bitcoin market many whales will probably not follow the rules, so you seem to be correct in your conclusion.

[EdenHazard]

Are you seriously trying to compare bitcoin with stocks? Let me tell you that you are a dumbass mate, and no, bitcoin is highly manipulated because the big whales are always trying to make at much profit as they can, why do you think that they are always trying to make the price go down to buy later?

why? they have a lot of bitcoin and waiting for the ATH to sell it all .

every huge selling affected global market and it is leading into panic selling . they have got profit and the market crash because of their action , just th meatier of time for them to buy back cheaper and pump/dump there feel like scamming for me .

[Neconic]

Of course that was manipulation, but if the sharks will continue to manipulate the market cryptocurrency, then many will simply stop believing and will desert this topic, and that's not profitable for anyone.

[Torque]

If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..

Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales..  is it not??

Nope. The stock market is pure fraud:

https://bitcointalk.org/index.php?topic=2098580.msg21161390#msg21161390

[mega]

Bitcoin has took attention of public and also increasing day by,as its price skyrocketed tapped into public greed.It is created by strong community of technology which attracts the investors.
Bitcoin itself regulator authority  and its market dominated by big players its holders are highly motivated,More features and global access attract the investor and rush of investors results the manipulate the prices.

[JC btc]

Bitcoin has took attention of public and also increasing day by,as its price skyrocketed tapped into public greed.It is created by strong community of technology which attracts the investors.
Bitcoin itself regulator authority  and its market dominated by big players its holders are highly motivated,More features and global access attract the investor and rush of investors results the manipulate the prices.

For me, they can both easily manipulate its price and I know that in the reality it has been happening, especially in bitcoin wherein a lot of big waves are buying bitcoin and when it reaches the amount that they want they suddenly withdrawing the funds they have, but it is okay since it is one of their strategy and we cannot let them stop.