franky1
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January 29, 2016, 06:11:42 AM |
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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.
mtgox was very manipulated. there was a special bot made by MTgox themselves that read peoples orders, delayed trades so that the bot would have an advantage ahead of other traders.. this time it doesnt feel like bot/internal trading.. but more so lack of resistance when speculation sparks.. due to lack of holdings/order sizes
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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lumeire
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January 29, 2016, 06:14:49 AM |
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Perhaps bitcoin is manipulated in one way or another, but honestly I believe it's still more free than most commodities. Just look at oil at the moment, OPEC manipulated it for decades and look it's still tumbling now. There are a lot of factors but that's the idea.
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Indianacoin
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January 29, 2016, 06:58:46 AM |
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In what sense are you asking that heh?
In the sense that miners have to download an update even for a soft-fork, no. In the sense that hash power can create a hard fork, yes.
In my opinion with a soft-fork, you don't have to download an update. This means that the network could still dismiss it and not run the new code as it's backwards compatible. I suppose it's even possible to force some rethinking there, so yes in that sense but no in forcing. And HF will be a forced update so users will have to update to be compatible, in this sense users are being forced which i think constitutes for manipulation, utilizing hashing power to "democratically" enforce it. But sure there could be different answers, I am not going to force that.
Let me rephrase actually, both are manipulation in some sense.
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DimensionZ
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January 29, 2016, 06:59:07 AM |
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Is there a coin that is not manipulated in any way? I think all the altcoins are ultimately launched to generate a quick profit for their creators and the early adopters.
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helloeverybody
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January 29, 2016, 07:12:59 AM |
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Every coin is manipulated , its fairly easy to see when you see the amount of pump and dump that occur on a daily bases almost. Im not clued up on stocks and beleive market manipulation is illegal but im pretty sure even stocks have a fair share of market manipulation. thats just the way it is.
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abs350 (OP)
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January 29, 2016, 07:31:03 AM |
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we got answer yes
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cjmoles
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January 29, 2016, 07:41:03 AM |
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Every exchangeable asset is manipulated to some degree. It's all part of the game. The more important question in my mind would be: How much is bitcoin manipulated and by who or what organization?
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nichu
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January 29, 2016, 07:49:02 AM |
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Why do you say manipulation? bitcoin is indeed a coin, right?
are you serious. yes be it bitcoin or any other crypto coins, everything can be manipulated , take for example the recent price rise of alt coins , trade make money and move on if you really wanted to make something. or get some dough and take your profits
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nonbody
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January 29, 2016, 08:24:39 AM |
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Every exchangeable asset is manipulated to some degree. It's all part of the game. The more important question in my mind would be: How much is bitcoin manipulated and by who or what organization?
I think you will never know the answer except you have inside infomation. As the adoption rate is increasing, more ppl arebinvolved at it, the chance of being manipulated is becoming lower.
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Kazimir
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January 29, 2016, 08:36:02 AM |
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Everything that involves money and value is manipulated, including gold and Bitcoin. But unlike most fiat currencies, bitcoin manipulation cannot take place behind close curtains, at the exclusive will of a small banking elite.
So, the right answer should be: it's MUCH LESS manipulated that dollars and euros.
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Amph
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January 29, 2016, 08:41:51 AM |
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it's so clear, but they are manipulating it not only for accumulation
i believe there are at least two kind of manipulation in bitcoin, one is for accumulation the other for pumping the value to face the halving
in those manipulation time you get some average joe getting in to try his luck or to become a trader...
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Za1n
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January 29, 2016, 08:55:36 AM |
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Unless you enter into a sensory deprivation unit for a period of time, everything you encounter on a daily basis is manipulated to some degree. Even when you sleep your dreams are influenced by what you did in your waking state. To live is to be manipulated, this could be for good or bad, but it is the essence of our existence.
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~Bitcoin~
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January 29, 2016, 08:59:47 AM |
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I thought the whole idea of bitcoin was that it is decentralised, so if its manipulated then well its a bit crap
Yes bitcoin is decentralized one but manipulation will be always there in every trading assets like gold and silver. Their manipulation doesn't have huge effect like it have when bitcoin get manipulated because bitcoin is not well distributed throughout the large worldwide audience or traders. But this whole world economy is always manipulated by the billionaire.
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romero121
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January 29, 2016, 09:22:06 AM |
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Every exchangeable asset is manipulated to some degree. It's all part of the game. The more important question in my mind would be: How much is bitcoin manipulated and by who or what organization?
I think you will never know the answer except you have inside infomation. As the adoption rate is increasing, more ppl arebinvolved at it, the chance of being manipulated is becoming lower. What you said is the later part. Initially it worked manually. These days we say the technology development is moving bitcoin but ion one ore more way the technology is manipulated which needs to be agreed
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MedaR
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January 29, 2016, 12:39:44 PM |
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Where you have money you will have manipulation this is nature of this game! Bitcoin is just in his early days and is heavily manipulated on every exchanges. But relax and enjoy this can also make you money..
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DeathAngel
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January 29, 2016, 12:43:05 PM |
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Idle, mindless thread. Silly FUD.
/Thread
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randy8777
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January 29, 2016, 12:47:48 PM |
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you should change the title into 'is the bitcoin price being manipulated?' most people (me included) think the bitcoin price is being manipulated heavily.
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MedaR
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January 29, 2016, 12:53:42 PM |
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Idle, mindless thread. Silly FUD.
/Thread
And how can your inline post contribute to this topic? This is actually a good topic, and for those who don't like, they don't need to participate.
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Dekker3D
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January 29, 2016, 12:59:39 PM |
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Yes a manipulated by the rich who needs the poor to buy what they're selling and buy the negative news to bring the price down so later on the rich can expand their holdings.
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tommygunyeah
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January 29, 2016, 01:12:21 PM |
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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! ~~ If the manipulation reached the core, we would see much more deeper pump&dump movements. It's possible to manipulate it, sure. But this manipulation, because the market size is already bit, is not that powerful.
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