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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
richardsNY
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August 15, 2016, 09:20:56 PM
 #341

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
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August 15, 2016, 10:46:45 PM
 #342

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
yeah, it is sad to see that the development roles so slow, if we want to make bitcoin big we need way more action
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August 16, 2016, 06:12:34 PM
 #343

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
yeah, it is sad to see that the development roles so slow, if we want to make bitcoin big we need way more action

For the time being, the least thing the developers should do is to increase the block size so that we can have good transaction time.

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August 16, 2016, 08:13:47 PM
 #344

I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise
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August 16, 2016, 08:22:09 PM
 #345

I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise

there are not only miners that can hold a good quantity of btc... see btfinex hack Wink or seized coins
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August 16, 2016, 09:15:58 PM
 #346

I believe bitcoin price can manipulate  when we look  the stock market it can manipulate with rich people it is important how much money you have or how much bitcoin you have if you have enough bitcoin you can manipulate bitcoin price .
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August 16, 2016, 10:45:31 PM
 #347

I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise

There are already several bitcoins mined, and the big farmers has a big part of them, but the pioners are the ones who cant manipulate as they have a great ammount of coins, as well the exchanges and some few others projects. Bitcoin holders with more then 500 bitcoins should be less then 200 nowadays. The supply and demand will start if we reach more people interested into bitcoin, if we are now 500k members we need to get more be over 2 milions ( or more) to make this game works.
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August 17, 2016, 12:32:48 AM
 #348

Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
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August 17, 2016, 02:02:35 AM
 #349

employers and authorities seem technologies that manipulate bitcoin, but I am not sure that there is a technological ruler bitcointalk users. the 2nd is the bitcoin miners. and this is my opinion, they are as user bitcointalk that manipulate bitcoin.

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August 17, 2016, 02:43:39 AM
 #350

Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
I don't think getting that many people coordinated to do it would end up working.  If the plan to do something with the price was public, there would be just as many people going against the plan to try and make money on it.

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August 17, 2016, 04:44:15 AM
 #351

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

Yes, I also think like that, and they are also members bitcointalk, and outside the forum bitcointalk too many, and they were like members of forex and other trading members.
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August 17, 2016, 04:46:05 AM
 #352

Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
I don't think getting that many people coordinated to do it would end up working.  If the plan to do something with the price was public, there would be just as many people going against the plan to try and make money on it.

i think if all bitcoiner do it, we can make bitcoin price always rising, people must hold his bitcoin until we reach our target
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August 17, 2016, 05:07:36 AM
 #353

If a site like Bitfinex went offline all of a sudden followed by a huge drop of price of Bitcoin is that considered as a price manipulation?
From $630 USD down to $568 USD then climb back to $593 USD. That's a quick profit of $25 per Bitcoin.

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August 17, 2016, 07:40:25 AM
 #354

If a site like Bitfinex went offline all of a sudden followed by a huge drop of price of Bitcoin is that considered as a price manipulation?
From $630 USD down to $568 USD then climb back to $593 USD. That's a quick profit of $25 per Bitcoin.
That is possible if you have a good amount of money to use in trading, and you can take advantage of the price fall back. Other may think that the price is manipulated but I would not buy their opinion as I know it was a real temporary crisis that leads the price down a bit for us to give the chance to earn.

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August 17, 2016, 05:15:05 PM
 #355

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

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August 18, 2016, 12:37:57 AM
 #356

Maybe a coordinated effort between some people. But one person no.

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August 18, 2016, 04:24:04 AM
 #357

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.
Correct, only those individuals who own huge amount of bitcoins would affect  on the bitcoins price and also to other circumstances  or happening just like what happen in bitfinex  been hacked it really doest affect the price and it drop drastically to $500+ mark.

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August 18, 2016, 07:48:53 AM
 #358

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.
Correct, only those individuals who own huge amount of bitcoins would affect  on the bitcoins price and also to other circumstances  or happening just like what happen in bitfinex  been hacked it really doest affect the price and it drop drastically to $500+ mark.
It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.


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August 18, 2016, 08:46:01 AM
 #359

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.
Correct, only those individuals who own huge amount of bitcoins would affect  on the bitcoins price and also to other circumstances  or happening just like what happen in bitfinex  been hacked it really doest affect the price and it drop drastically to $500+ mark.
It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

So for a situation like that, just ride and take the advantage and opportunity. Right now, Im pretty sure that some bags another set of coins during the dipping point.

Back to topic, manipulation today can easily be done now with just a certain amount of money to be inserted in the bitcoin market. With just a $20-$30 price increase in bitcoin, it can start another speculation.



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freedomgo
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August 18, 2016, 09:41:23 AM
 #360

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.
Correct, only those individuals who own huge amount of bitcoins would affect  on the bitcoins price and also to other circumstances  or happening just like what happen in bitfinex  been hacked it really doest affect the price and it drop drastically to $500+ mark.
It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

So for a situation like that, just ride and take the advantage and opportunity. Right now, Im pretty sure that some bags another set of coins during the dipping point.

Back to topic, manipulation today can easily be done now with just a certain amount of money to be inserted in the bitcoin market. With just a $20-$30 price increase in bitcoin, it can start another speculation.
I don't understand how you can manipulate the price to get $20-$30, if one has the power to manipulate then we can see a lower price now so everyone will panic and those who manipulate the price will buy back bitcoins with a cheaper price.

......
.L I V E C O I N . N E T.
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..PROFITBOX..
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