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Rostadom
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October 17, 2016, 02:30:37 AM |
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I think altogether, we can make the price of Bitcoin move a little. If we were to create a group of pumper and dumper in this forum, I don't think those people that has a lot of Bitcoins will go with us since we're basically a no one in this place. But adding all the Bitcoins that we have will create a relatively large amount of Bitcoin, I think that would be enough to move the price of Bitcoin but not enough to actually "manipulate" the price of Bitcoin.
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darety1
Newbie
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Activity: 28
Merit: 0
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October 17, 2016, 07:49:52 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
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Taki
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October 17, 2016, 03:52:56 PM |
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The only thing I see about how we can manipulate Bitcoin price is to show more interest to it. Bitcoin became so sucessful and strong only cause of that and only that can provoke it's popularity to grow. Today Bitcoin started to appear more often on TV and professional economists are talking about it and governments are taking laws about bitcoin. All that awakes the interest from ordinary people and the interest makes the price to grow.
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panju1
Legendary
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Activity: 1246
Merit: 1000
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October 17, 2016, 04:02:50 PM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
One man definitely can, if he is Satoshi.  The idea is that large whales can influence the price, if they have sufficient stashes of bitcoins and fiat. In the end price is moved by demand/supply, whether that demand/supply is created by one man or millions. |
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CasinoBetGame
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October 17, 2016, 08:50:27 PM |
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you can manipulate bitcoin price
but you must have big capital money and big bitcoin, in to you can take profit
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madwica
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October 18, 2016, 01:21:55 AM |
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you can manipulate bitcoin price
but you must have big capital money and big bitcoin, in to you can take profit
I do not think that we can manipulate even we have big amount of capital, how? Manipulation is illegal we need to work fair bitcoin is created to make us profit and not to make us bad. |
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dinda22
Legendary
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Activity: 1232
Merit: 1000
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October 18, 2016, 01:31:12 AM |
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I think altogether, we can make the price of Bitcoin move a little. If we were to create a group of pumper and dumper in this forum, I don't think those people that has a lot of Bitcoins will go with us since we're basically a no one in this place. But adding all the Bitcoins that we have will create a relatively large amount of Bitcoin, I think that would be enough to move the price of Bitcoin but not enough to actually "manipulate" the price of Bitcoin.
I think not a good idea to create a group pumper and dumper in this forum, because anyone can take a chance and play dirty before they know that the price will pump or dump. unless the group is your friend all. bitcoin price is also very difficult to manipulate, it really requires substantial funds, is still better to manipulate altcoin prices and get a good profit there. |
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ajun96
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October 18, 2016, 03:25:41 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? |
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sobsitesearch
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October 18, 2016, 03:28:49 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? You will do bad things to earn income i think that is not good for you, illegal activities can harm the family of who will do the manipulation of bitcoin price, much better to work hard and do not think any illegal things in bitcoin. |
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PsursV
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October 18, 2016, 05:41:09 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? but i think such a big number of people cannot agree on one point, therefore it is not so easy to manipulate the price of bitcoin, it really need a very big investment to so so. |
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deisik
Legendary
Offline
Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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October 18, 2016, 06:21:05 AM
Last edit: October 18, 2016, 03:20:51 PM by deisik |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? but i think such a big number of people cannot agree on one point, therefore it is not so easy to manipulate the price of bitcoin, it really need a very big investment to so so. If there are only two points to agree upon, namely, whether the price should rise or it should fall, I see no reason why they couldn't arrive at a decision on this. Further, the minority would have to nolens volens accept what the majority (in total wealth terms, of course) made up their mind to, since otherwise they would be left holding the bag for the latter. I would say it is sooner a problem of trust between the members of the pump group rather than of hypothetical disagreement among them per se... When money talks, bullshit walks |
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goldcoinminer
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October 18, 2016, 06:38:08 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? but i think such a big number of people cannot agree on one point, therefore it is not so easy to manipulate the price of bitcoin, it really need a very big investment to so so. If there are only two points to agree upon, namely, whether the price should rise or it should fall, I see no reason why they couldn't arrive at a decision on this. Further, the minority would have to nolens volens accept what the majority (in total wealth terms, of course) made up their mind to, since otherwise they would be left holding the bag for the latter. I would say it is sooner a problem of trust between the members of the pump group rather than of hypothetical disagreement among them per se... When money talks, bullshit walks Nice statement dude, time will come that manipulation can be hard for this people as the more people are adopting bitcoins the more the ownership will increase and the volume as well increases, it is just a matter of time before we can see the price to be stable and I believe it will happen in the near future. |
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danherbias07
Legendary
Offline
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
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October 18, 2016, 06:54:14 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
yeah I agree with you I think even if you're someone who has a very large capital and you aim to manipulate the price of bitcoin, it will not be all you can do because you would need a team, there is a lot of work you have to do at the same time when you want to manipulate price, you will not be able to do it alone? You will do bad things to earn income i think that is not good for you, illegal activities can harm the family of who will do the manipulation of bitcoin price, much better to work hard and do not think any illegal things in bitcoin. Yeah and options for working through the bitcoin payment have been spreading. There are a lot of jobs now that you can pick. You can blog and put some advertisements, there is this signature campaign which offers some good payment and a lot more in the services thread. |
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DZU1410
Sr. Member
Offline
Activity: 462
Merit: 250
https://saturn.black
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October 18, 2016, 08:18:07 AM |
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One man can not do anything but the whole people that are intersted in bitcoins can.
Yes I agree, one person can not change anything. But we have a lot in this forum, and we can try to influence the price |
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gandame
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October 18, 2016, 09:17:27 AM |
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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 there is manipulation happen in bitcoin like other crypto currency or altcoins. Because i think there are many big holders of bitcoin that they can manipulate the price. So the bitcoin is so stable and not fall to 500$ per bitcoin coz they dont want bitcoin drop the pricr. |
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blackmachinegun
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October 18, 2016, 10:01:58 AM |
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you can manipulate bitcoin price
but you must have big capital money and big bitcoin, in to you can take profit
I think manipulate the price of bitcoin is not easy especially if users bitcoin more would be more difficult to create panic to all users, I think if this method fails will be very harmful to you? |
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Ziskinberg
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October 18, 2016, 02:33:23 PM |
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you can manipulate bitcoin price
but you must have big capital money and big bitcoin, in to you can take profit
I think manipulate the price of bitcoin is not easy especially if users bitcoin more would be more difficult to create panic to all users, I think if this method fails will be very harmful to you? The higher the adoption rate the lesser the power of the whales to manipulate the price of bitcoin, what they will do is just to hold their bitcoins and witness the price increasing because they are hoarding their bitcoins. |
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Doamader
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October 18, 2016, 03:23:02 PM |
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Well whales will always be able to join their power and make price jump, but if the market isnt ready those pump wont last, thats the reality, a milionaire can pump bitcoin, but the risk to those are high, community support will always be in the other side, if they dont accept the new price someone will dump their coins.
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tabas
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October 18, 2016, 11:06:49 PM |
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Well whales will always be able to join their power and make price jump, but if the market isnt ready those pump wont last, thats the reality, a milionaire can pump bitcoin, but the risk to those are high, community support will always be in the other side, if they dont accept the new price someone will dump their coins.
They are the ones who are really controlling bitcoins price and the fact that they are able to make the price pump whenever they want. And with just their single move they are able to make good movement whether they want it to become higher or not. Because of what they are doing holding a lot and that is also considered as hoarding. |
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ajun96
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October 18, 2016, 11:26:01 PM |
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Well whales will always be able to join their power and make price jump, but if the market isnt ready those pump wont last, thats the reality, a milionaire can pump bitcoin, but the risk to those are high, community support will always be in the other side, if they dont accept the new price someone will dump their coins.
I think for the moment where the bitcoin users still quite a bit of billionaire could have manipulated the price of pump prices as they only need to panic buying by raising the price a little, and then the pump will occur. yeah of course the risk is great because it is very likely to fail |
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