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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
Bunsomjelican
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April 29, 2017, 05:09:14 AM
 #1201

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
If you are asking the community here if we can manipulate the price of bitcoin, I think not, due to the only people who can do that was the big company connected into bitcoin like different exchanges were they had a capacity to get a huge volume of bitcoin in this industry.

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April 29, 2017, 05:11:51 AM
 #1202

you can manipulate bitcoin price if you have 40billion dollar,

billgates, soros can manipulate it, they can dump or pump bitcoin, compare to the fiat all over the world bitcoin market cap is still small
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April 29, 2017, 05:32:18 AM
 #1203

To manipulate bitcoin prices, I'm sure it takes a lot of bitcoin, especially if it happens very quickly, maybe it will make a company a big loss. Well, it's possible to manipulate the price, but it takes more than 5000 btc

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April 29, 2017, 05:40:47 AM
 #1204

To manipulate bitcoin prices, I'm sure it takes a lot of bitcoin, especially if it happens very quickly, maybe it will make a company a big loss. Well, it's possible to manipulate the price, but it takes more than 5000 btc
Yes , and only big bag holders or whales can do that .Also younhave more than 5000btc and i think its also a group of whales who plans to manipulate price for them to buy on dump stage were panic selling goes.
FYI that when someone or a group of people manipulates it they morely on establishing big fluctuations in the market price.


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April 29, 2017, 08:27:43 AM
 #1205

To manipulate bitcoin prices, I'm sure it takes a lot of bitcoin, especially if it happens very quickly, maybe it will make a company a big loss. Well, it's possible to manipulate the price, but it takes more than 5000 btc
Yes , and only big bag holders or whales can do that .Also younhave more than 5000btc and i think its also a group of whales who plans to manipulate price for them to buy on dump stage were panic selling goes.
FYI that when someone or a group of people manipulates it they morely on establishing big fluctuations in the market price.

It will actually happen in 10-20 years where whales monopolize most of bitcoin, we must be wiser because every year our wallet will continue to be monitored for massive sabotage. 5000 bitcoin to be played in trading market can also provide very great decline fluctuation, there will be many teams that do dump & pump. But here we are required to be smarter and not easily panic in making sales, if we follow their pattern, it will be profitable for ourselves.

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April 29, 2017, 09:28:01 AM
 #1206

I read the thread and concluded that many people believe that price can be manipulated by large whales. But I do not agree with this. Bitcoin can not be controlled by rich people. And I do not think that there is any agreement among them about this

It is not an agreement, but if you have a large number of bitcoins, then one can manipulate it by creating a fake demand and supply. Mainly these crypto-currencies are not monitored by any agencies so for these bigger whales it is easy to manipulate the market. I do agree on this, so I don't invest more in bitcoins. My investment in bitcoins is very less compared to other investments.
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April 29, 2017, 02:48:46 PM
 #1207

No we can't manipulate the bitcoin price because bitcoin is decentralized and it means that no one can control bitcoin even in the price. If a person wants to manipulate bitcoin i think it will be impossible because he needs a lot of power or money to do that because bitcoin is so much expensive.

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April 29, 2017, 03:05:47 PM
 #1208

I really don't know if someone wil be able to manipulate the price of bitcoins itself except the one who created it. Satoshi is the only capable of doing it to become even richer albeit he is not greedy and doesn't want the attention at all.

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April 29, 2017, 03:25:19 PM
 #1209

I think we would have to get a lot of rich people involved. And do some high leverage dumping to get the price moving down.
That is right, bitcoin price manipulation needs a lot of money to do because if you are just an average person then you can't manipulate or even move the price. Some of the people doing that established a group that they have accumulated funds from each other and they manipulate the price of bitcoin depending to their desire.
With a huge funds and every people can pumping the price of bitcoin a lot and then make the market fomo about bitcoin and just instantly to dump all of your coin on the higher price.
But i think if that needs a collusion between the traders. Just a huge whale can manipulate the price of bitcoin



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April 29, 2017, 04:47:21 PM
 #1210

I do not think we can manipulate bitcoin prices, unless a large group that moves together is likely to affect the bitcoin price, to my knowledge that determines the bitcoin price is the bitcoin user itself
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April 29, 2017, 06:54:38 PM
 #1211

Of course we can. In fact us people are the only main driver that Bitcoin have for the movement of its own price. What I mean about that is that Bitcoin has the limited supply while us people are the demand. There are 2 ways I can think of on how a person can manipulate the price. When a big player starts selling all his Bitcoin, it will create what we call a panic selling when other persons start selling there Bitcoims as well, second is when people starts to buy up no matter what the price of Bitcoin is. Other than that there are several ways how people can manipulate the price of Bitcoin.

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April 29, 2017, 07:59:45 PM
 #1212

I do not think we can do this manipulation.It is necessary to have a bitcoin in excess amount for this.I can believe that a group with a lot of money in hand can do it.But I can not think of any other kind of manipulation.




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FasTroy
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April 29, 2017, 11:19:27 PM
 #1213

I do not think we can do this manipulation.It is necessary to have a bitcoin in excess amount for this.I can believe that a group with a lot of money in hand can do it.But I can not think of any other kind of manipulation.

Peoples are the main way to manipulate bitcoin price. by using bitcoin (Selling and buying), But i think you are right about a big groups with a lot of money in hand can do it. Maybe there are a big campanys which they can control bitcoins, and i think they located in China.

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April 30, 2017, 01:35:07 AM
 #1214

I do not think we can manipulate bitcoin prices, unless a large group that moves together is likely to affect the bitcoin price, to my knowledge that determines the bitcoin price is the bitcoin user itself
That means bitcoin prices can be manipulated? Certainly with certain terms and conditions such as having a solid team, large capital, etc. They can manipulate bitcoin prices
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April 30, 2017, 02:03:26 AM
 #1215

I do not think we can manipulate bitcoin prices, unless a large group that moves together is likely to affect the bitcoin price, to my knowledge that determines the bitcoin price is the bitcoin user itself
That means bitcoin prices can be manipulated? Certainly with certain terms and conditions such as having a solid team, large capital, etc. They can manipulate bitcoin prices
Apparently not. They can just affect its rate hugely but they can't control it since a solid team can not manipulate a global cureency which is used by many people globally.


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April 30, 2017, 02:44:48 AM
 #1216

I do not think we can manipulate bitcoin prices, unless a large group that moves together is likely to affect the bitcoin price, to my knowledge that determines the bitcoin price is the bitcoin user itself
That means bitcoin prices can be manipulated? Certainly with certain terms and conditions such as having a solid team, large capital, etc. They can manipulate bitcoin prices
Apparently not. They can just affect its rate hugely but they can't control it since a solid team can not manipulate a global cureency which is used by many people globally.
Your thinking is quite unconvincing to me, you must be new and have not seen how the price move back and forth, the pumping and dumping should be something that will make us think that the price can be manipulated and it has been manipulated. The word whales do exist because they are the once who can move the price.

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November 28, 2017, 12:06:45 AM
 #1217

The bitcoin price can't be manipulated, The chinese community not having an enough power to manipulate the bitcoin again. and i think the people with a lot of the bitcoin in their hand just give an impact to make the market will be panic and more newbies try to dump his coin. It will not make the bitcoin easy to get a manipulate by every parties.
Have you changed your idea during these months?  Roll Eyes
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November 28, 2017, 12:22:29 AM
 #1218

It could be possible but remember with so many people there will be so many opinions and in the end it will break because there will be no consensus. The only person who can manipulate its prices is the one holding most of the Bitcoin. I am dead sure not a person as an individual but a company can do it if it is holding a great number of bitcoins, the different exchanges were they had a capacity to get a huge volume of bitcoin in this industry
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November 28, 2017, 12:26:23 AM
 #1219

Yup. They can manipulate it but they need a big funds of an investors to do that. Is it possible because like in the market if they hide many products the price will goes high and high and if the price is high they sell their product. Thats the possiblity to force the bitcoin price to higher value. Some of other people they eant to hold bitcoin becuase bitcoin value us huge and valuable.
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November 28, 2017, 12:49:31 AM
 #1220

I do not think we can do this manipulation.It is necessary to have a bitcoin in excess amount for this.I can believe that a group with a lot of money in hand can do it.But I can not think of any other kind of manipulation.
Peoples are the main way to manipulate bitcoin price. by using bitcoin (Selling and buying), But i think you are right about a big groups with a lot of money in hand can do it. Maybe there are a big campanys which they can control bitcoins, and i think they located in China.
I agree because the number of users tells the price of bitcoin, when there are a lot of people using bitcoin it means that the demand is high that is why the price is going up. I think it can be manipulated by that thought if there is really a large group of people planning to do the same thing at once, selling their bitcoin or buying some. The price can change but not that big.
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