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Author Topic: How to directly manipulate the price of bitcoin - Answer inside!  (Read 442 times)
smiles (OP)
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November 03, 2015, 01:56:21 AM
 #1

If I want the price to go down, I BUY
If I want the price to go up, I SELL

This is a repeatable experiment with predictable results. Science. Now you know the secret.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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lemipawa
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November 03, 2015, 01:59:10 AM
 #2

If I want the price to go down, I BUY
If I want the price to go up, I SELL

This is a repeatable experiment with predictable results. Science. Now you know the secret.

Question is who is selling? and since we have seen a continued climb of exchange rate of BTC-USD does that mean who ever is selling keeps on dumping Bitcoins? That's a lot of Bitcoins to dump
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November 03, 2015, 02:21:50 AM
 #3

If I want the price to go down, I BUY
If I want the price to go up, I SELL

This is a repeatable experiment with predictable results. Science. Now you know the secret.

Question is who is selling? and since we have seen a continued climb of exchange rate of BTC-USD does that mean who ever is selling keeps on dumping Bitcoins? That's a lot of Bitcoins to dump

Miners, for one. Possibly market manipulators.
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November 03, 2015, 02:24:05 AM
 #4

If I want the price to go down, I BUY
If I want the price to go up, I SELL

This is a repeatable experiment with predictable results. Science. Now you know the secret.

Well that could work IF you have a very huge amount of BTC and fiat to spend in manipulating the market.

 
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