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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
phr0stbyt3
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March 31, 2017, 10:48:56 PM
 #1101

Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
If you see yes manipulating the price of bitcoin is totally possible but in the current state a single person no matter how many bitcoin he has he can't manipulate the price easily. He may require few big coin holders and manipulating the coin would be easier. I think for us in general we can manipulate the price of any small altcoins.



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March 31, 2017, 11:42:08 PM
 #1102

Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
not as easy as they manipulate the price of bitcoin. especially when it is more and more coming bitcoin users would be more difficult to regulate supply and demand. for manipulating not only about large money

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April 01, 2017, 11:55:55 AM
 #1103

Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
not as easy as they manipulate the price of bitcoin. especially when it is more and more coming bitcoin users would be more difficult to regulate supply and demand. for manipulating not only about large money
Manipulating bitcoin can be manipulated by those rich people but for me it is a bad idea to play with bitcoin as the volume of users are continue rising up and it will be harder for them to control or manipulate the bitcoin price but the question is why they are doing it? I know that they are doing that for profit but why they just do it on altcoin and not on bitcoin Huh
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April 01, 2017, 02:06:55 PM
 #1104

Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
True, us the normal people who use bitcoin for daily things like for a small thing we can’t actually affect the price a lot, but the people who own a large amount of bitcoin are the ones who actually control it, if they think it is time to sell than they do and the price goes down and if they decide they want to save than they do and the price will go up.

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April 01, 2017, 08:52:03 PM
 #1105

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.

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April 02, 2017, 12:29:02 PM
 #1106

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

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April 02, 2017, 09:12:15 PM
 #1107

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
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April 03, 2017, 12:53:25 AM
 #1108

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

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.
I think for now it seems bitcoin can still be manipulated. may be a bit difficult for them but it can be done because the user is not too large. you can see easily many users panic

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April 03, 2017, 01:29:51 AM
 #1109

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.

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April 03, 2017, 09:43:09 AM
 #1110

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them

More whales doesn't in general mean that price can be more easily manipulated

The basic premise behind this claim is that whales are independent of each other and thus they can't collude to move the price in just one direction. What it boils down to is that when there are many whales there is in fact less possibility for manipulation when there are less whales or the wealth distribution between them is less even. In other words, equal sized whales will be offsetting the influence of each other that they could potentially exert on the market by massive buys or sells

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April 03, 2017, 11:14:19 AM
 #1111

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.

Can the price of bitcoin be so high due to large whales? We can not know this. Maybe we should thank the holders for saving bitcoin from sharp jumps down
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April 03, 2017, 12:28:29 PM
 #1112

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.

Can the price of bitcoin be so high due to large whales? We can not know this. Maybe we should thank the holders for saving bitcoin from sharp jumps down
To answer your question, Yes the price can be so high because of the big whales. Big whales means very rich people who are in the market and they more often planning to play the market and most of the times they are the winners because they have got the power which is we all known as money. If big whales will continue to do panic buying and then the price of bitcoin will goes very high.
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April 03, 2017, 12:34:12 PM
 #1113

We will never be able to compete with the big whales. In such operations, they invest millions of dollars. If you want to earn on the price of bitcoin then follow their actions and repeat. Then you will earn on their money.
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April 03, 2017, 01:17:50 PM
 #1114

We will never be able to compete with the big whales. In such operations, they invest millions of dollars. If you want to earn on the price of bitcoin then follow their actions and repeat. Then you will earn on their money.

that is for sure because we only have limited budget and if we compare with the big whales, we are nothing and we only can follow their price and hope that we can make profit too. we can do this as much as we want as long as we can do it in the right time especially if we know what they want with the price.

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April 03, 2017, 01:21:25 PM
 #1115

Since December 2016 bitcoin is being manipulated by someone, or a whales group, soo the question is when the manipulation will be forced or happening, because its pretty clear its possible to affect bitcoin with some milion inside or out the coin.
And this is good since it allows all to make extra money following the dumps and waiting for the pumps, thats why bitcoin is the king of crypto currencies.
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April 03, 2017, 05:24:41 PM
Last edit: April 03, 2017, 08:42:31 PM by deisik
 #1116

Since December 2016 bitcoin is being manipulated by someone, or a whales group, soo the question is when the manipulation will be forced or happening, because its pretty clear its possible to affect bitcoin with some milion inside or out the coin.
And this is good since it allows all to make extra money following the dumps and waiting for the pumps, thats why bitcoin is the king of crypto currencies

That seems to be heavily bordering on a conspiracy theory

There have been too many diverse events that could be plausibly explained by deliberate market manipulation. There were (are) certainly some price manipulations going on now and then (whenever an opportunity arises for big fish), but apart from that (or behind that), there are fundamental factors that move the price. Two of them look to be prevailing over others. First, we see long-term effects of reward halving, which feels like to be a primary driver for the price growth we had seen in November-December 2016, and, second, it is expanding Bitcoin awareness and adoption across countries which is also facilitating the price growth. In short, no one can manipulate all the markets all the time

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April 04, 2017, 04:34:55 AM
 #1117

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.

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April 04, 2017, 05:23:13 AM
 #1118

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.
Doesn't matter if it's manipulated as long as we see a good price, as time will pass and more circulation will happen we will see the price will be a bit stable. I'm very positive that this price hike will continue until we reach the all time high again, doubts are cleared now for people who does not believe that bitcoin can make it push again, and I hope they do not sell when there was a price dip.

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April 04, 2017, 05:48:03 AM
 #1119

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.
the price will be more difficult to manipulate when bitcoin scattered in many countries to all corners of the world. so it will be increasingly difficult manipulator to manipulate demand and supply ?

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April 04, 2017, 07:10:53 AM
 #1120

High prices make it very easy for want of price manipulation and should not be allowed to turn sold bternyata fear not comparable with the price of his lot expected bitcoin sellers.
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