yohanip
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January 29, 2016, 07:06:55 PM |
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I think everything related to value have some kind of manipulation behinds it, weather it was manipulated for it's price / value, or it was manipulated to become a scarce resource, or it was manipulated within the legalities..
everything is..
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Supercrypt
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January 29, 2016, 07:45:17 PM |
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Why do you say manipulation? bitcoin is indeed a coin, right?
You right, bitcoin is coin, it's means digital currency. But what OP means is the price  and I think it's indeed manipulated, there are some group of whales who have greedy passion. And the price is will not stable as other currency always volatile if there are big news about bitcoin. It's mainly the news articles that affect bitcoin prices and hence the more these news articles write about bitcoins, the higher the price is. The ebst thing about bitcoins is that it can be manipulated in terms of price but it's a negative fact as well as one bad move and the price drops by $100-$150. This doesn't happen in other markets. |
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LiberOptions
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January 29, 2016, 07:52:42 PM |
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Yes has most of the answers!
Does this mean that Satoshi original plan failed?
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knowhow
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January 29, 2016, 07:57:27 PM |
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Any market is manipulated by someone,usually news make the market react buying or selling.With bitcoin its happening the halving had made already the price of bitcoin jump from the 300 to almost 500 dollars,and people still expecting it to boost even more the price ,the thing is the pump or manipulation has happened already soo the halving may result into a loss or into a short time at 500 dollars again and return to the 300 again were it stable for a long while.
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2legit2
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January 29, 2016, 08:01:43 PM |
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no it is not manipulated at all in my opinion because the price is depended only on people and nothing else can impact it
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ATguy
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January 29, 2016, 08:20:38 PM |
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Yes has most of the answers!
Does this mean that Satoshi original plan failed?
No, just the pool question is asked in a way to favour yes option, because every coin is manipulated to some degree. But you cant compare Bitcoin price manipulation with some ultimate manipulated pump & dumps on some altcoins... |
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GetClams.com
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January 29, 2016, 09:47:30 PM |
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Similar to the way that central banks manipulate the exchange rate of their currency
yeah but one encourage inflation the other deflation, so the manipulation of bitcoin, is actually benefical in some way, the one from the market is essentially scamming Manipulated or not as crytpos evolve, manipulation becomes less possible because of greater decentralization. Decentralization is a process. ANd that is what the governments fear. |
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Scamalert
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January 29, 2016, 09:48:57 PM |
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Can you mention a commodity or currency that is not manipulated?
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Anddos
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January 29, 2016, 09:50:34 PM |
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Of course it's manipulated. How else would things go on? All coins are manipulated. Even fiat.
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BTCBinary
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January 29, 2016, 10:21:01 PM |
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Unfortunatelly I'll have to agree. Yes Bitcoin is a manipulated coin. it is manipulated by a small group of Devs and a small group of traders.
Bitcoin is becoming centralized and we will need a new coin that can be truly decentralized.
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chennan
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January 29, 2016, 10:29:16 PM |
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Unfortunatelly I'll have to agree. Yes Bitcoin is a manipulated coin. it is manipulated by a small group of Devs and a small group of traders.
Bitcoin is becoming centralized and we will need a new coin that can be truly decentralized.
I've been actually reading some stuff on the altcoin section where there is a coin (aeon) who's core dev (Smooth) is implementing a type of "ASIC resistant" mining technique that lowers the possibility of centralization... It's called "smart mining" and it allows any type of low powered computer, whether it's a laptop or even possibly a phone can start mining and only is "turned on" when connected to a power source. But essentially it lowers the hash to such a level that's automatically determined to not burn up/ruin the computer your running the smart mining OS on, or won't drain an insane amount of electricity/energy. This will allow anyone to be able to start mining, whether it will get you anything out of it or not. I really haven't looked more into it, but it sounds like a really cool idea to me; because the level of centralization and barrier to enter the mining space is a real problem that should be addressed by bitcoin devs. |
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Raimonn
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January 29, 2016, 10:36:13 PM |
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In my opinion all is manipulated, gold, fiat currencies and cryptocoins. Central banks manipulate fiat, big inversors and central banks manipulate gold, and bitcoin users with big amounts of bitcoins can manipulate bitcoin price. If bitcoin grows its base of users (inversors) could be less manipulate.
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Rizky Aditya
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January 29, 2016, 11:19:40 PM |
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Of course it's manipulated. How else would things go on? All coins are manipulated. Even fiat.
We are pretty much just repeating each other now. We get that all coins are manipulated. So stop saying that. |
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155UE
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January 29, 2016, 11:21:59 PM |
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Vote guys  Every currency is manipulated imo. Bitcoin is no difference. |
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Rizky Aditya
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January 29, 2016, 11:25:10 PM |
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Vote guys Every currency is manipulated imo. Bitcoin is no difference. Did you make that post just to troll me? I just posted that everyone knows every currency is manipulated. Of course it's manipulated. How else would things go on? All coins are manipulated. Even fiat.
We are pretty much just repeating each other now. We get that all coins are manipulated. So stop saying that. |
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abs350 (OP)
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January 30, 2016, 12:24:54 AM |
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Quite sure it is manipulated coin so 80% can agree  |
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ajun96
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January 30, 2016, 12:27:59 AM |
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Every currency, fiat or crypto and every commodity is manipulated to one degree or another.
The us government even has a special organization to manipulate fiat. its called the CENTRAL BANK.
Decentralization is relative. More decentralization = less manipulation.
yeah, I acknowledge all that has a value price. have fluctuations and can be manipulated. but it is difficult to manipulate fiat I think. in contrast to bitcoin, no regulation and bitcoin is decentralized, so nothing is set bitcoin This is easier to manipulate the price |
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fuathan
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January 30, 2016, 12:37:39 AM |
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Of course it is a manipulated coin but the more it is getting popular the more it is chaotic and hard to manipulate...
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abs350 (OP)
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January 30, 2016, 12:41:44 AM |
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Every currency, fiat or crypto and every commodity is manipulated to one degree or another.
The us government even has a special organization to manipulate fiat. its called the CENTRAL BANK.
Decentralization is relative. More decentralization = less manipulation.
yeah, I acknowledge all that has a value price. have fluctuations and can be manipulated. but it is difficult to manipulate fiat I think. in contrast to bitcoin, no regulation and bitcoin is decentralized, so nothing is set bitcoin This is easier to manipulate the price Bitcoin is smaller market cap (MKP) |
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European Central Bank
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January 30, 2016, 12:50:45 AM |
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What qualifies as manipulated and what qualifies as 'free market'? Or are they the same thing? I think we are at the mercy of a small number of people but that's the same as a ton of other markets too.
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