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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
bitcoindusts
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April 19, 2017, 07:26:05 PM
 #1141

I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.

True, I find it amusing how great the imagination of people here in Bitcointalk.  Anyway, it is not logical to a government to spend a huge amount of money to buy Bitcoin and then destroy its market by dumping this bought Bitcoin.  That is just a waste of resources.

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April 20, 2017, 08:36:58 PM
 #1142

I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.

True, I find it amusing how great the imagination of people here in Bitcointalk.  Anyway, it is not logical to a government to spend a huge amount of money to buy Bitcoin and then destroy its market by dumping this bought Bitcoin.  That is just a waste of resources.

I agree with you. The government can not just spend budget money for fun. Therefore, I am sure that the government will not manipulate the price, but large holders of bitcoins
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April 20, 2017, 10:41:14 PM
 #1143

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.

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April 21, 2017, 02:58:07 AM
 #1144

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
I am thinking of thousands of BTC already, the people who are holding that big number of bitcoins can manipulate the price of bitcoin, but it will only happen if the adoption is still low and they control the majority of bitcoin supply.

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April 21, 2017, 07:51:43 AM
 #1145

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

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April 21, 2017, 08:39:20 AM
 #1146

Definitly it is a yes .If we think even a small amounts of us when it is being joined together it is a big amount and to know that how many bitcointalk users ,managers of any site and investors are here .Well the problem is how can we make it . A big one people who has a large amount of bitcoins can actually shake the market and manipulate it .
If governments want to manipulate the bitcoin’s price they can and without spending any penny, all they have to do really is make laws to make using bitcoin illegal and then the prices will go down dramatically, or the other way around if they want it to go up, but other than that the only people who can manipulate it is the big whales which are the people who have a large amount of coins just laying around.
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April 21, 2017, 11:33:42 PM
 #1147

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
I am thinking of thousands of BTC already, the people who are holding that big number of bitcoins can manipulate the price of bitcoin, but it will only happen if the adoption is still low and they control the majority of bitcoin supply.

It should not have a huge amount of bitcoin till thousands bitcoins per people to be able for manipulate bitcoin prices.
I think that a lot number of bitcoin users is also very influential. When most of bitcoin's users merge into a community and have a purpose to manipulate bitcoin prices it will possible to manipulate prices.
manipulate bitcoin prices is not easy and many people said that it's impossible.

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NEWGOODOUBLE
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April 21, 2017, 11:36:11 PM
 #1148

Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.

The government will never gain power over bitcoin. This is a system that can not be controlled by any side. Bitcoin is free and decentralized. Nobody can manipulate the price
It is a matter of suicide if the government joins and adopts bitcoin. Because of course it will kill their local currency And make local currency unused. The government will not do that.
and bitcoin is decentralized, government can't control it moreover manipulation price
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April 21, 2017, 11:36:42 PM
 #1149

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.

lol at the people thinking they can manipulate bitcoin prices by pooling your funds. Even if you have 10,000 BTC you're not gonna move the market.

This time it's different.
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April 21, 2017, 11:47:59 PM
 #1150

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

deppil
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April 22, 2017, 12:02:27 AM
 #1151

Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.

The government will never gain power over bitcoin. This is a system that can not be controlled by any side. Bitcoin is free and decentralized. Nobody can manipulate the price
Of course the government will not legalize bitcoin because it can add the strength of bitcoin to be stronger and it makes the potential of bitcoin to shift the local currency will be greater.
Cherylstar86
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April 22, 2017, 06:39:05 AM
 #1152

In my own opinion about bitcoin price, I will gladly say that we as a regular user of digital currency we cannot manipulate its price. The fluctuations of price particularly  its changes was due to variations of demand and supply which buying, selling and other services was concerned. So it's not right to say that we as users can manipulate every changes of the price, because we were just customers of digital currency system that's been also affected with any changes happening.

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DrGuns4Hands
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April 22, 2017, 08:24:10 AM
 #1153

I knew it now just now that we can't manipulate the price of bitcoin. bitcoin price changes because of our economy or those traders in the market they're the one reason why bitcoin price is changing it depends on the market when the price of bitcoin will dump or pump. and one more thing in bitcoin price changing there's always a richs people where when they pull out their money the price of bitcoin will definitely dump.
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April 22, 2017, 09:45:57 AM
 #1154

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.
Although they have a large capital though. They will not be able to manipulate bitcoin prices because users are already very large. And it would be very difficult for them to make a panic.

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April 22, 2017, 02:22:44 PM
 #1155

Depends if you are holding tons of bitcoin you can manipulate the price of bitcoin and i think there one country who are lots of users of bitcoin currency china and us if theres dumping happen they following the flow of each other because they don't want to lose any profit .
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April 22, 2017, 02:51:45 PM
 #1156

Depends if you are holding tons of bitcoin you can manipulate the price of bitcoin and i think there one country who are lots of users of bitcoin currency china and us if theres dumping happen they following the flow of each other because they don't want to lose any profit .

There is a negligible chance if something like that happening. I don't think Chinese government or any other Chinese union is working like a cartel on national level. It is just a part of possibility not real happening that Chinese merchants are buying each others' bitcoins so that they earn as a whole team. There is no clear evidence for it.

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April 22, 2017, 03:07:50 PM
 #1157

Depends if you are holding tons of bitcoin you can manipulate the price of bitcoin and i think there one country who are lots of users of bitcoin currency china and us if theres dumping happen they following the flow of each other because they don't want to lose any profit .
Yes It is depend on supply and demand. Beside owning a lot if capital we also can influence the demand of bitcoin by makes a lot of more people to use bitcoin, we must be a part of people that work in journalism to make it happen. Or atleast if we have a lot of follower in social media we can post something good about bitcoin.
So The price of bitcoin can move up.

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April 22, 2017, 05:19:48 PM
 #1158

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let oo impossible bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
it's too impossible for the individuals users of bitcoin to manipulate the value price of BTC. Only the big whale investors or big companies had a capacity to manipulate the price of bitcoin.

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April 22, 2017, 05:45:27 PM
 #1159

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let oo impossible bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
it's too impossible for the individuals users of bitcoin to manipulate the value price of BTC. Only the big whale investors or big companies had a capacity to manipulate the price of bitcoin.

yes, it is only impossible for big holders like exchange sites who can sell their stock at higher prices when there is downfall in Bitcoin prices and buying it from other side. Whereas individuals like us have a negligible control over Bitcoins prices.

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April 22, 2017, 06:14:02 PM
 #1160

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let oo impossible bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
it's too impossible for the individuals users of bitcoin to manipulate the value price of BTC. Only the big whale investors or big companies had a capacity to manipulate the price of bitcoin.

yes, it is only impossible for big holders like exchange sites who can sell their stock at higher prices when there is downfall in Bitcoin prices and buying it from other side. Whereas individuals like us have a negligible control over Bitcoins prices.

Totally agree with you. Now I have a 0.952 Bitcoin, and I very much doubt that I can ruin the bitcoins market with such a sum. In this large holder can

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