Bitcoin is a manipulated coin?

[abs350]

Vote guys 

[MicroGuy]

Vote guys  

It's manipulated, yes. But how deep do the strings of control and manipulation stretch? Do they reach all the way into Bitcoin's core?

Let's see how well this new BIP102 is received and we'll have our answer!

~~

[mayax]

the big exchangers(backed by their shit investors) are manipulating the market with their bots. Same as MTgox did it.

Bitstamp, BTC China, Huobi, Okcoin(already proved), Bitfinex(already proved).

[zivone]

I am not sure but in my thinking what if a person/company buys a 1 million btc with a price of let's say $300. If that amount is enough to pump up the btc price to a certain amount then sell it again to that higher price, then how much profit they would make. Then dumping again that amount of btc will sure to drop price. If that is happening in the process then I can say bitcoin is a manipulated coin. Not controlled but manipulated.

[abs350]

For sure it is a manipulated

[btckold24]

it definitely is manipulated.

All it takes is a few guy who own a ton of it to sell / buy more at the same time
for it to move a bunch. Then people get spooked and it causes panic selling by others.

[The Sceptical Chymist]

OP, this is a stupid poll.  You need to define what manipulated means, because your mileage may vary.  Can whales change the price of bitcoin somewhat at whim?  Yes, because the market cap is small relative to the stock of Pfizer or Coca-Cola, for example.  Every buy/sell order manipulates the market to some extent. 

Do you mean by governments or something like that or the miners?  What do you mean?

[BitHodler]

If you are talking about the exchange price, then yes.

[kevin go]

im agree if btc is manipulated..especially in currency exchange
i see btc price right now is getting worse 

[blackmachinegun]

maybe, I hear from people if bitcoin prices in a market can be manipulated by someone, if you have a lot of money you can regulate the market to your advantage

[tobacco123]

The price is definitely manipulated... The protocol?... in some degree...

[croato]

Not just Bitcoin but almost everything is manipulated by some degree. Bitcoin is still small and trade is not under harsh regulations so it is relatively easy to manipulate but as it grows that would be more and more expensive to do.

[SFR10]

To an extent, Yes. That's why only few people from the so called "Whale Club" is needed to significantly change and affect it's value but that's it and it stops there and not all the way from it's root so not totally manipulation could be done.

[robelneo]

It's a sad state but yes bitcoin can be manipulated,just like in the real world,those who have more had a big share and had what to say about the state of bitcoin,but as long as they are there to protect every body's interest we are ok it;s just the way it is

[equator]

Yes Bitcoin is Manipulated coin, like what all said, the coin in the market is less so if any big players suddenly start a atleast 25% share of market for buying we can see the price roaring up very soon and same time if anyone just dump sell the bitcoin in market rate their we can see the panic selling, so when anything is happening like this that means it is manipulated coin. and Most of the Crypto coins are priced in conversion of Bitcoins so they are also getting affected by the fluctuation of Bitcoins.

[Pro Gamers]

The answer is yes and it is very obvious and also hearn showed and revealed it, dont forget why we stuck within the range of $392 - $370 it is because of what he did.

[Kakmakr]

Tell me what other commodity or currency are not being manipulated in some way, and I will feel guilty about the manipulation that takes place in Bitcoin. You have whales in most sectors of the economy and they will shift their weight and manipulate the commodities in a way that suite their investment portfolio.

I know of maize farmers who keep maize back from the markets to influence the price, until they are ready to sell. No matter if there are droughts or food shortages, they still do it.  

[franky1]

not exactly manipulated, just more fragile.... as theres no longer orders of 2000-5000 coins per order line to create resistance.
exchanges are not hoarding 1m coins of customers funds anymore..

now most order lines are decimals to 100 coins at most.
and most exchanges probably hold 10k-100k of customers funds at most

so whales have it easy to eat up orders compared to 2 years ago..

its what happens when people lose trust in exchanges and people stop trading on them,
its what happens when the price is not $2-$3 or $80-$90 where it was a healthier risk to throw more coins at an order without caring.. but not so much now

so there is less coin on the markets to stabilize the price when someone buys or sells more than average

seems the price started going down when forbes released this
http://www.forbes.com/sites/kellyphillipserb/2016/01/28/legislature-says-no-to-bitcoin-tax-payments/#1bc38088b6ad

[pooya87]

if by manipulated, you are talking about its price then i believe it is manipulated but not 100%

the bitcoin market as we have seen before in cases like mtgox has been manipulated and today is no different, it might be less but it still exists.

[jerowacik]

Why do you say manipulation? bitcoin is indeed a coin, right?