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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
pinkpanther03
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March 18, 2017, 01:29:09 PM
 #1001

Nope. There's always someone with more money and more greed out there waiting to play you. And let's not get started on some of the exchanges themshelves.
We cannot manipulate the price of bticoin, Only the people can do that was the person who has a large group to dump or pump it. Or the the whales investor can possibly manipulate it. Smiley

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March 18, 2017, 01:46:09 PM
 #1002

Only people who have many Bitcoin can manipulate the Bitcoin price and maybe they join a group to manipulating the price, need a large amount to manipulate the Bitcoin price.

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March 19, 2017, 08:07:57 AM
 #1003

Of course we can, no secret again if china is the largest owner of the bitcoin, many forums which states they unite for get the benefit of the price of the bitcoin.

Yes, exactly, one more is once you buy big amount of coin and hold it for so long then it can cause of the high value of bitcoin, it affects totally the fluctuation of it value. Single person cant manipulate much bitcoin price.
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March 19, 2017, 08:25:50 AM
 #1004

seems difficult at all to manipulate the price of bitcoin, because I think that determines the price of bitcoin is the users themselves, if they are selling them together in large numbers, then the effect will taste the bitcoin prices.
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March 19, 2017, 10:40:08 AM
 #1005

Nope. There's always someone with more money and more greed out there waiting to play you. And let's not get started on some of the exchanges themshelves.
We cannot manipulate the price of bticoin, Only the people can do that was the person who has a large group to dump or pump it. Or the the whales investor can possibly manipulate it. Smiley
That is why we scare the China so much. They have had a lot of Bitcoin and they can easily change the prices after selling or buying it with a large amount. Most of the Bitcoin exist on the earth are locating in this country and many big mining farm are here too. Well, hope that they will release all of bitcoin when they find another useful alt

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wxa7115
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March 19, 2017, 05:37:19 PM
 #1006

Nope. There's always someone with more money and more greed out there waiting to play you. And let's not get started on some of the exchanges themshelves.
We cannot manipulate the price of bticoin, Only the people can do that was the person who has a large group to dump or pump it. Or the the whales investor can possibly manipulate it. Smiley
I think exchanges also have the resources to manipulate the price of bitcoin to their own benefit, it does not mean they do it, but it is another party that could engage in such activities, also those that spread FUD may lower the price significantly if the rumor spread.
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March 19, 2017, 06:48:36 PM
 #1007

Only people who have many Bitcoin can manipulate the Bitcoin price and maybe they join a group to manipulating the price, need a large amount to manipulate the Bitcoin price.
i do not think that now it is such an easy job to manipulate the price of bitcoin. because the bitcoin users are now increasing continuously and therefore now it is becoming more and more difficult to manipulate the price of bitcoin.
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March 19, 2017, 07:35:02 PM
 #1008

I'm not sure that simple bitcoin holders can influence the price. The main manipulators are Chinese miners. A lot depends on them and they are able to influence the value of the coin.
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March 19, 2017, 09:14:58 PM
 #1009

Of course we can, no secret again if china is the largest owner of the bitcoin, many forums which states they unite for get the benefit of the price of the bitcoin.

Well it's worrying but it's possible China can manipulate the prices single handed due to their stake in the Bitcoin  mining network and the amount of Bitcoin owners and bitcoins in their possession. The prices are generally regulated by demand and supply and since they have more in their possession they can either creat a demand (by refusing to sell) or create an abundance of supply.
wxa7115
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March 20, 2017, 06:18:14 AM
 #1010

Of course we can, no secret again if china is the largest owner of the bitcoin, many forums which states they unite for get the benefit of the price of the bitcoin.

Well it's worrying but it's possible China can manipulate the prices single handed due to their stake in the Bitcoin  mining network and the amount of Bitcoin owners and bitcoins in their possession. The prices are generally regulated by demand and supply and since they have more in their possession they can either creat a demand (by refusing to sell) or create an abundance of supply.
But that will require the collaboration and coordination of thousands of individuals and organization, I think it it is way more likely that just a few big whales are the ones trying to manipulate the price of bitcoin since that is way easier to coordinate than many individuals.
stadus
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March 20, 2017, 07:37:52 AM
 #1011

Of course we can, no secret again if china is the largest owner of the bitcoin, many forums which states they unite for get the benefit of the price of the bitcoin.

Well it's worrying but it's possible China can manipulate the prices single handed due to their stake in the Bitcoin  mining network and the amount of Bitcoin owners and bitcoins in their possession. The prices are generally regulated by demand and supply and since they have more in their possession they can either creat a demand (by refusing to sell) or create an abundance of supply.
But that will require the collaboration and coordination of thousands of individuals and organization, I think it it is way more likely that just a few big whales are the ones trying to manipulate the price of bitcoin since that is way easier to coordinate than many individuals.
It's either a small group of whales are manipulating the price because it's hard to make a bigger group that would cooperate in manipulating the price.
Although I don't know who really are manipulating the price but I believe it's happening because the price movement is not normal anymore, one time it will pump and the next thing will happen is dump.

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March 20, 2017, 08:38:40 AM
 #1012

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.
whizter
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March 20, 2017, 09:12:48 AM
 #1013

Only people who have many Bitcoin can manipulate the Bitcoin price and maybe they join a group to manipulating the price, need a large amount to manipulate the Bitcoin price.
my be it was possible in past but in present time it may not be possible because now the users of bitcoin are increasing more and more and so it is now becoming more difficult for a single person or group of people to manipulate the price of bitcoin.

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March 20, 2017, 09:19:53 AM
 #1014

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Yes those big people or should I say people that has big amount of bitcoins are the ones that are capable of manipulating the bitcoins price. And right now, we are seeing on how they are manipulating the price of bitcoin and too bad for us who are just small holders we are just going along with the flow of these whales.

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March 20, 2017, 09:30:33 AM
 #1015

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Yes those big people or should I say people that has big amount of bitcoins are the ones that are capable of manipulating the bitcoins price. And right now, we are seeing on how they are manipulating the price of bitcoin and too bad for us who are just small holders we are just going along with the flow of these whales.

Not only big whales or miners could manipulate the price of bitcoin but also the power of the masses. If a big number of bitcoin holders started to panic and dumped their bitcoins the price will suddenly dropped but if they were convinced that bitcoin is good to go the price will inflate no matter what. At this point of time the power of the masses in the bitcoin community is much stronger than the whales. The whales have dumped bitcoin man times but the large number of bitcoin supporters saw this as an opportunity to get hold of bitcoins and thus the price deflation has turn into price increase.
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March 20, 2017, 11:25:15 AM
 #1016

Only people who have many Bitcoin can manipulate the Bitcoin price and maybe they join a group to manipulating the price, need a large amount to manipulate the Bitcoin price.
my be it was possible in past but in present time it may not be possible because now the users of bitcoin are increasing more and more and so it is now becoming more difficult for a single person or group of people to manipulate the price of bitcoin.

True. Because it requires more money and bitcoins to manipulate the price. Back then, the price of bitcoin isn't that much yet and the market cap isn't that high so if you invest 1 million dollars in bitcoin, the price will surely sky rocket and you'll have tons of bitcoins as well. Today, 1 million is just a small percentage of the market cap of bitcoins. Although it can pump the market since not all bitcoins are in exchanger, it's still not going to pump as much as it'd pump back then.

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ilovefeetsmell
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March 20, 2017, 01:07:36 PM
 #1017

If we buy or sell from someone of course we can manipulate bitcoin price, but if we sell or buy from exchanger of course can't
I think we couldn't manipulate the bitcoin price. The bitcoin rose up because of the demand and supply and the fluctuation. Limited supply the higher the demand so the tendency was the price of bitcoin goes up. We can predict the price but we can't assure that it will gonna happen. Be thankful now because some of us own a btc. They start when the bitcoin is not yet popular so they save more bitcoin until now. If I were that, I will buy my money into bitcoin.

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March 20, 2017, 07:02:19 PM
 #1018

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Yes those big people or should I say people that has big amount of bitcoins are the ones that are capable of manipulating the bitcoins price. And right now, we are seeing on how they are manipulating the price of bitcoin and too bad for us who are just small holders we are just going along with the flow of these whales.

Not only big whales or miners could manipulate the price of bitcoin but also the power of the masses. If a big number of bitcoin holders started to panic and dumped their bitcoins the price will suddenly dropped but if they were convinced that bitcoin is good to go the price will inflate no matter what. At this point of time the power of the masses in the bitcoin community is much stronger than the whales. The whales have dumped bitcoin man times but the large number of bitcoin supporters saw this as an opportunity to get hold of bitcoins and thus the price deflation has turn into price increase

Why could we ever call that manipulation?

I strongly suspect that when wide masses of traders move the price, it is the direct opposite of manipulation. This is how free market should move, i.e. this is what makes a market free in the first place and free from manipulation in the second. Manipulation basically means when an individual or a small group of individuals either deceives the majority of trading folk into doing something which brings them profits or just operates directly to move the price in the direction they want and then again deceives the majority

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March 20, 2017, 08:11:07 PM
 #1019

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Yes those big people or should I say people that has big amount of bitcoins are the ones that are capable of manipulating the bitcoins price. And right now, we are seeing on how they are manipulating the price of bitcoin and too bad for us who are just small holders we are just going along with the flow of these whales.

Not only big whales or miners could manipulate the price of bitcoin but also the power of the masses. If a big number of bitcoin holders started to panic and dumped their bitcoins the price will suddenly dropped but if they were convinced that bitcoin is good to go the price will inflate no matter what. At this point of time the power of the masses in the bitcoin community is much stronger than the whales. The whales have dumped bitcoin man times but the large number of bitcoin supporters saw this as an opportunity to get hold of bitcoins and thus the price deflation has turn into price increase.

Oh yes, the miners too and that's what I'm talking about the power of the masses that you are talking, the whales. Those pump and dump groups are also responsible for helping and contributing for the manipulation of price. Also those whales are using their followers for making a big signal for the price manipulation of the market.

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March 20, 2017, 10:53:47 PM
 #1020

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

True, it's a matter of pump and dump that controls the prices and so someone  or a group of people who have quite a lot of Bitcoin can manipulate by pumping and dumping.
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