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Author Topic: Can we Manipulate Bitcoin price?  (Read 72992 times)
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December 20, 2016, 02:24:18 PM
 #661

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.
But I think this time traders bitcoin been clever enough so they are not easily tricked by a trap created by a the manipulators. see the latest accident is bitfinex but the bitcoin holder not sell their bitcoin at the cheap price.

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December 20, 2016, 02:48:44 PM
 #662

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
Ofcourse we can manipulate the Bitcoin price , But it is not easy because in Bitcoin we need to take own eyes at every fluctuations and every new activity in Bitcoin services .
So usually we need to get daily news updates about Bitcoin , This will make us able to predict the Bitcoin price fall/down .

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December 20, 2016, 03:05:43 PM
 #663

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
Ofcourse we can manipulate the Bitcoin price , But it is not easy because in Bitcoin we need to take own eyes at every fluctuations and every new activity in Bitcoin services .
So usually we need to get daily news updates about Bitcoin , This will make us able to predict the Bitcoin price fall/down .

For the bitcoin investment, there is no need to manipulate the price. If you hold it long enough, you will be rich.
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December 20, 2016, 05:55:09 PM
 #664

It shouldn't be like that but in certain way Bitcoin price could and probably is manipulated. In the Bitcoin world there are also some powerful interest groups and some factors on the market  who all together could influence the price in the way they want so it's not random.

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December 21, 2016, 05:38:26 AM
 #665

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

If they does, so how they are taking the risk to increase or decrease the price? I don't think there is a risk as they are the one who are usually moving the price of bitcoin. So if they want to increase the price, they will do something about it and how is the risk will come to them? I just can't get that manipulators are taking risk either.

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December 21, 2016, 05:53:44 AM
 #666

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
Very unlikely since we will need a huge amount of coins and a unified way of putting pressure in the price since bitcoin in itself is all about decentralization and to avoid central authority I don't think forming a cartel is going to sit well with most of the members of the forum.

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December 21, 2016, 08:43:23 AM
 #667

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
Very unlikely since we will need a huge amount of coins and a unified way of putting pressure in the price since bitcoin in itself is all about decentralization and to avoid central authority I don't think forming a cartel is going to sit well with most of the members of the forum.
They have the power to manipulate the price but this people always like to make profit so they will make the price great like what we are seeing now, it's increasing and that will give them more profit, and also us if we are riding with it.

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December 21, 2016, 09:02:54 AM
 #668

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.
yeah the incident proved that bitcoin prices could still be manipulated in various ways such as panic and make a lot of people selling bitcoin, or committed by a group, by selling many of their bitcoin and reduce demand

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December 21, 2016, 09:28:52 AM
 #669

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.
yeah the incident proved that bitcoin prices could still be manipulated in various ways such as panic and make a lot of people selling bitcoin, or committed by a group, by selling many of their bitcoin and reduce demand
We know that already because whales do exist and they can manipulate the price, but if people will be coming in consistently, it will just continue for the price to rise and that will benefit us because we do invest and we believe holding our bitcoins is profitable.


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December 21, 2016, 09:33:59 AM
 #670

No we can't, at least in the way you proposed. Imagine how hard it would be for someone to coordinate of bunch of greedy people for whom betraying is not a problem. Just look at how hard it is to reach some kind of consensus around an evident improvement in technology Roll Eyes...

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December 21, 2016, 10:15:43 AM
 #671

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.
at that time the price was not reduced because of that incident but the price reduced because people felt fear for their investment in bitcoin and a lot of people started to sell their bitcoins and they never cared for the price and due to the high number of sellers the price of bitcoin gone down.

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December 21, 2016, 10:25:47 AM
 #672

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.

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December 21, 2016, 11:04:06 AM
 #673

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.
Bitfinex is definitely and absolutely an incident and hacking activities can't manipulate the current price unless the hacking are happen at the same time and in majority of exchanger. but if those hackers were just stealing the bitcoins then there might no affect to the current price.whales could manipulate the price of bitcoin only if they're really rich that could buy or sell many bitcoin because owning majority of bitcoin in the markets



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Zadicar
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December 21, 2016, 11:11:13 AM
 #674

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.
Bitfinex is definitely and absolutely an incident and hacking activities can't manipulate the current price unless the hacking are happen at the same time and in majority of exchanger. but if those hackers were just stealing the bitcoins then there might no affect to the current price.whales could manipulate the price of bitcoin only if they're really rich that could buy or sell many bitcoin because owning majority of bitcoin in the markets
Bitfinex incident is not intentional that we could able to say that it is a pure manipulation.It does really affect the bitcoins price since the bitcoin have been stolen is on huge amounts which could really affect the price when hacker sold those bitcoin.Whales could really affect the price of bitcoin but i dont think that it could manipulate bitcoin price anytime.

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December 21, 2016, 11:19:48 AM
 #675

It shouldn't be like that but in certain way Bitcoin price could and probably is manipulated. In the Bitcoin world there are also some powerful interest groups and some factors on the market  who all together could influence the price in the way they want so it's not random.

of course the sector in the market definitely has a mafia or a person or group that can manipulate the price, though you do not believe it, it did happen and it was hidden. few people know that
just like the manipulation goal in the match. if you have a big fund, you can do it
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December 21, 2016, 11:25:29 AM
 #676

No we can't, at least in the way you proposed. Imagine how hard it would be for someone to coordinate of bunch of greedy people for whom betraying is not a problem. Just look at how hard it is to reach some kind of consensus around an evident improvement in technology Roll Eyes...

You are totally right, for his proposal there need to be united and coordinated action. There is couple important things that needs to be done, but solution is far from reach cause people can't agree.
Bitcoin needs to be improved, Segwit, confirmation time, blocksize, there are really some things that annoy us, and they can't agree and make consensus about this important questions.
How the hell they will agree to manipulate price.

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December 21, 2016, 12:05:18 PM
 #677

No, we can't manipulate bitcoin price. No one controls it even governments, organizations or other institutions cannot. We have experienced before a massive fall of price because big exchange sites has been knocked off. It is not also possible to perform us here in the forum to manipulate the price.

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December 21, 2016, 12:14:53 PM
 #678

No, we can't manipulate bitcoin price. No one controls it even governments, organizations or other institutions cannot. We have experienced before a massive fall of price because big exchange sites has been knocked off. It is not also possible to perform us here in the forum to manipulate the price.
Like I said it above we can (if we are rich or if we get many bitcoin) manipulate the bit price...but like i sais...it then is risky.

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December 21, 2016, 03:17:05 PM
 #679

ofcourse we can manipulate bitcoin price. the price of bitcoin is actually depending on the users of the bitcoin with out us bitcoin will never grow at this price point right now . more investors in bitcoin/more users price will grow but there's  still balancing that happening because if the economy is not balance it will be the end of the cycle of the economy.
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December 22, 2016, 05:30:00 AM
 #680

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.
Bitfinex is definitely and absolutely an incident and hacking activities can't manipulate the current price unless the hacking are happen at the same time and in majority of exchanger. but if those hackers were just stealing the bitcoins then there might no affect to the current price.whales could manipulate the price of bitcoin only if they're really rich that could buy or sell many bitcoin because owning majority of bitcoin in the markets
Bitfinex incident is not intentional that we could able to say that it is a pure manipulation.It does really affect the bitcoins price since the bitcoin have been stolen is on huge amounts which could really affect the price when hacker sold those bitcoin.Whales could really affect the price of bitcoin but i dont think that it could manipulate bitcoin price anytime.

Just like what is happening now, what do you think it is making the price of bitcoin even higher? I'm pretty sure that groups are pumping it together with those people who are using their Christmas bonus for buying a lot of bitcoins which is making the demand of bitcoins even higher. So, those whales have something to do with the manipulation.

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