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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
The Alchemlst
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December 06, 2017, 02:02:48 PM
 #1241

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

What you were saying is possible but it would take more than just an agreement and mutual goals to make this stable and true to its goal. The members should have a solid rules to follow and in sync and you will have to consider each individual scenarios and factors that may affect your plan.

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December 06, 2017, 02:06:03 PM
 #1242

yes it is possible if we have high volume. but otherwise the amount is already made in some amount. but it's the job of these big whales.
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December 06, 2017, 02:52:58 PM
 #1243

The price of bitcoin for sure can be manipulated. But it's no easy task. You need either huge balance of btc or you are some group of miners. I believe if china miners works together, for sure they can manipulate bitcoin price.
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December 06, 2017, 03:32:04 PM
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 #1244

It can be manipulated, like any other asset. However, it's quite difficult. The fact that it is not regulated doesn't make it easier. It actually makes it more difficult, because no politician or corporative guy can influence the price with rumors or interference in the way the protocol works.

The fact it is widely distributed is another major advantage against manipulation.

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December 06, 2017, 03:38:36 PM
 #1245

I have a strong feeling that some big traders do manipulate bitcoin price .After advent of bot trading,it is easy to manipulate bictoin price,but just trading between the accounts in small quantities.Everything can be automated.Trader can take teh price low..but in bulk..and take the price to high and dump the coins=Make profit ...Repeat.Everything in minutes with few clicks

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December 06, 2017, 04:55:46 PM
 #1246

It depends on how many people and how those people are have a lot of influence and have a lot of wealth to manipulate the price of bitcoin. I think if theres a lot of millionare that plotting something about the market value of bitcoin they can change it but i dont think that they can change it easily and even they change it they can change only a little. But for us thats not have a lot of wealth a little cents of changing price of bitcoin is big really matter to us.

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hynext
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December 06, 2017, 06:03:24 PM
 #1247

No, We can't manipulate bitcoin maybe the big players can manipulated it but not the price they wanted. Those who can manipulate price are the big exchanges.
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December 06, 2017, 06:11:36 PM
 #1248

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

I do not know for that. But I think we can just manipulate bitcoin prices. It is the work of upper class people who have a lot of money or mining land. I just wait for the bitcoin price to be even higher.

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December 06, 2017, 06:22:45 PM
 #1249

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

The possibility of manipution is high as most times humans have the intention to cheat others for selfish reasons but manipulation is minimal with bitcoin.

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December 06, 2017, 06:26:28 PM
 #1250

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

I do not know for that. But I think we can just manipulate bitcoin prices. It is the work of upper class people who have a lot of money or mining land. I just wait for the bitcoin price to be even higher.

Of course we can manipulate bitcoin through different way such as, working hard with bitcoin forum for the investor it will attract more investor to invest in bitcoin which will manipulate the bitcoin. Also if we by self invest in bitcoin it will also manipulate the bitcoin. Ans if we make trade in the bitcoin it also manipulate.
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December 06, 2017, 06:43:19 PM
 #1251

Manipulation is there, but significant growth would be without it
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December 06, 2017, 06:55:26 PM
 #1252

In my opinion, Only the government can manipulate the bitcoins price and they are also the reason why bitcoins has been banned on several countries. They are evading the illegal transactions because it was really hard to trace the transaction in bitcoins since it was digital currency.

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December 06, 2017, 07:13:01 PM
 #1253

As a Bitcoin owner you can not manipulate market prices, There is no third party like a bank or a financial institution that can affect the market, price, or even arrange a transaction.
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December 06, 2017, 07:28:06 PM
 #1254

Manipulation is there, but significant growth would be without it

How do you even differ this significant growth? There is no way to tell which is the real growth and which is manipulation. I could only enjoy the growth as Im keeping my bitcoin so the higher the price that means it is better for me. It is almost not possible to manipulate bitcoin anymore because of the high price that is why the growth is real

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alfs75
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January 05, 2018, 03:15:28 PM
 #1255

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


as far as i know being a crypto  member we cannot manipulate the price of bitcoins because its run  in accordance with the block chain and all
things happen with the price value is decentralized by the market exchange.maybe this things bitcoin  soon can be manipulate by the government if the  bitcoin now is regulated by the law and run through with the article section implemented by the government, but as of now,we only go with the flows of the digital currency movement,the price is volatile and unpredictable and all will  govern in the  exchange market.

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January 05, 2018, 03:46:40 PM
 #1256

I think we can't manipulate the price of bitcoin since the government only have the rights to do it. However, as I have seen for the past few years,bitcoin price is getting higher as it gets popular. The demand is high that's why the price keeps on increasing. We can retain bitcoin as long as we have big volume,as long as there are big amount of bitcoin believers.

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bib24
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January 05, 2018, 05:59:26 PM
 #1257

I guess its not easy to manipulate bitcoin price in the market, since its value is directly proportional to the supply and demand system.

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January 05, 2018, 06:32:14 PM
 #1258

maybe , but remember with so many people there will be so many opinions and will eventually break apart because there will be no consensus.
I'm sure there's a group that holds a lot of bitcoin to manipulate the price when they are looking for profits.
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January 05, 2018, 07:18:44 PM
 #1259

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
Some big players can use them bitcoins (100k) and moving price up and down.
they can do every things make coins high and reduce it
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January 05, 2018, 09:06:01 PM
 #1260

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

I think everyone can manipulate bitcoin prices if the person has a very wide knowledge of bitcoin. It don't matter whether he's a big or a small, obviously if he has a very wide knowledge of bitcoin, certainly be able to manipulate bitcoin prices. The issue of the rise and fall of bitcoin prices depends on buyers and bitcoin sales.

Yes I agree with you, there's a chance that we can manipulate it, example if we are holding a huge amount of investments and it also depends on the users it affects the price of bitcoin. However we all know that bitcoin is continuosly being popular now and it is continue growing worldwide. If people control his/her own bitcoin by own reason, I think it is also called manipulate.
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