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Question: Is bitcoin a manipulated coin?
Yes - 46 (64.8%)
No - 25 (35.2%)
Total Voters: 71

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Author Topic: Bitcoin is a manipulated coin?  (Read 4613 times)
busybee7
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February 06, 2016, 04:59:29 PM
 #121

yes, most probably it is a manipulated coin because people can impact the price by buying and selling
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mayax
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February 07, 2016, 11:38:37 PM
 #122

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.


what whales? Smiley)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.


miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+


miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it Smiley  Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community".  They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on... Smiley

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself Smiley


Laosai
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February 07, 2016, 11:57:49 PM
 #123

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.


what whales? Smiley)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.


miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+


miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it Smiley  Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community".  They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on... Smiley

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself Smiley




Ah, it's a good description of everything I think...

But fact is that they can't just "close the shit down" can they?

Yes they gonna suck everything they can, but then? If they close everything, they lose the initial investment, which means the price of the gears they're using!
Why just throwing it? That means at least until they don't LOSE money they'll keep running them.

CreativeCarol
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February 08, 2016, 04:31:12 AM
 #124

You can't exactly manipulate it too much.
yenxz
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February 08, 2016, 08:04:02 AM
 #125

Vote guys  Cool
've been vote,and i said yes,bitcoin is manipulated coin,some exchage and developer,is the main actor. they can manipulate the price of bitcoin,the amount of bitcoin in some countries also cn manipuated by them,but i never care with manipulate, as long i can earn and trade bitcoin Grin
MedaR
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February 08, 2016, 10:27:46 AM
 #126

I don't know maybe some of those manipulation is not a bad thing at all.
Imagine if price go only up up, in one moment of time will stop rising and naturally will start to decline.. How to stop this decline? Only with manipulation, fast buy 500btcs and price will rise again.

You can rent this space
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February 08, 2016, 11:40:57 AM
 #127

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.


what whales? Smiley)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.


miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+


miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it Smiley  Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community".  They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on... Smiley

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself Smiley




well that's is debatable, i guess soem miners do like bitcoin and believe in it, if bitcoin will be vastly adopted it's there that the interest for it will increase

it's not that people don't give a shit about bitcoin, it's that it can not be used on par like fiat that's the problem, otherwise i would argue that they will not give a shit about controlled money
ricardobs
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February 08, 2016, 07:11:42 PM
 #128

Vote guys  Cool
've been vote,and i said yes,bitcoin is manipulated coin,some exchage and developer,is the main actor. they can manipulate the price of bitcoin,the amount of bitcoin in some countries also cn manipuated by them,but i never care with manipulate, as long i can earn and trade bitcoin Grin
Same is the case for me as I don't mind a little fluctuation or manipulation with regards to the price. A huge fall can create a chaos as it could imply that bitcoins would possibly never rise and meet the fate of litecoins in 2015 which I don't want.
kpitti
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February 08, 2016, 07:47:21 PM
 #129

Bitcoin is not manipulated coin.
Bitcoin price on the market is going to be manipulated. And this is done using standard trading methods.
dothebeats
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February 08, 2016, 07:58:02 PM
 #130

Bitcoin is not manipulated coin.
Bitcoin price on the market is going to be manipulated. And this is done using standard trading methods.

Wait, what? Huh
Bitcoin's price is manipulated, but the coin itself is not. Whales manipulate the price and we little minnows are glad to bite onto their traps, causing further disturbances in the prices.

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