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Author Topic: Can we Manipulate Bitcoin price?  (Read 73529 times)
LovelyPrey
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December 09, 2016, 06:34:55 PM
 #641

Depending who are "we", it's not possible to manipulate bitcoin price. If you don't have a lot of bitcoins or if you don't belong to a group of rich bitcoiners trying to control it, you can't manipulate bitcoin price, you are a small investor.
The only thing you can do is to take advantage with the big whales moves, follow them and you will have a higher chance to make profit.

Actually it is very possible, you can see the proof on the  news about China imposing capital control, bitcoin price goes down.  People pressing on the halving issue, bitcoin price goes up.  News about bitfinex hack, price go down.  Good news about Segwit, price go up,  some criticism about Segwit and how it will affect future bitcoin procedure, bitcoin go down.  See, if people can play with the media, bitcoin can easily manipulated.

I would not say that it is very easy. Yes some media influence on the course of Bitcoin is, but it is not decisive. Therefore, I believe that the price of Bitcoin manipulate people who have little Bitcoin is almost impossible

I guess only those big whales can  actually work for manipulation of the price yet it is hard for them too if they try. Like holding it u so the price will change and shake it again to come up with big value,

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December 10, 2016, 04:33:18 AM
 #642

Quote to
Depending who are "we", it's not possible to manipulate bitcoin price. If you don't have a lot of bitcoins or if you don't belong to a group of rich bitcoiners trying to control it, you can't manipulate bitcoin price, you are a small investor.
The only thing you can do is to take advantage with the big whales moves, follow them and you will have a higher chance to make profit.

Actually it is very possible, you can see the proof on the  news about China imposing capital control, bitcoin price goes down.  People pressing on the halving issue, bitcoin price goes up.  News about bitfinex hack, price go down.  Good news about Segwit, price go up,  some criticism about Segwit and how it will affect future bitcoin procedure, bitcoin go down.  See, if people can play with the media, bitcoin can easily manipulated.

I would not say that it is very easy. Yes some media influence on the course of Bitcoin is, but it is not decisive. Therefore, I believe that the price of Bitcoin manipulate people who have little Bitcoin is almost impossible


I agree with this that the small bitcoin holder cannot affect the bitcoin manipulation or does not have any power to hold and manipulate it
even those some big whales who hold it up, it would be hard for them to do so, but in considering the big whales they can shake the price
of it as well.
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December 10, 2016, 05:02:03 AM
 #643

I think it is impossible to manipulating bitcoin price. But it is possible to create factor for rise of bitcoin price. We all know that bitcoin price is depend on the demand and supply. So if we have big financial capital we can use it to make the demand is bigger so it price will rise. Bitcoin spreading and circulation is not so good now, so the hoarder can easily control bitcoin price. I really wish bitcoin get mass adoption soon.

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December 10, 2016, 07:11:40 PM
 #644

Depending who are "we", it's not possible to manipulate bitcoin price. If you don't have a lot of bitcoins or if you don't belong to a group of rich bitcoiners trying to control it, you can't manipulate bitcoin price, you are a small investor.
The only thing you can do is to take advantage with the big whales moves, follow them and you will have a higher chance to make profit.

Actually it is very possible, you can see the proof on the  news about China imposing capital control, bitcoin price goes down.  People pressing on the halving issue, bitcoin price goes up.  News about bitfinex hack, price go down.  Good news about Segwit, price go up,  some criticism about Segwit and how it will affect future bitcoin procedure, bitcoin go down.  See, if people can play with the media, bitcoin can easily manipulated.

I would not say that it is very easy. Yes some media influence on the course of Bitcoin is, but it is not decisive. Therefore, I believe that the price of Bitcoin manipulate people who have little Bitcoin is almost impossible
Yes, of course big sum has to be involved. But media can do that. If there are good reasons to sell btc given, a lot of people with small amount can do that and that is how we get a big amount needed. I offered an experiment on this forum to check if we can make the price change but there weren't many people who supported me.

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December 10, 2016, 07:24:51 PM
 #645

Depending who are "we", it's not possible to manipulate bitcoin price. If you don't have a lot of bitcoins or if you don't belong to a group of rich bitcoiners trying to control it, you can't manipulate bitcoin price, you are a small investor.
The only thing you can do is to take advantage with the big whales moves, follow them and you will have a higher chance to make profit.

Actually it is very possible, you can see the proof on the  news about China imposing capital control, bitcoin price goes down.  People pressing on the halving issue, bitcoin price goes up.  News about bitfinex hack, price go down.  Good news about Segwit, price go up,  some criticism about Segwit and how it will affect future bitcoin procedure, bitcoin go down.  See, if people can play with the media, bitcoin can easily manipulated.

What I have managed to experience in my short but growing bitcoin lifetime is that the only drastic price-movers have been huge exchanger hacks (proven or otherwise)... you could even consider ETH's DAO incident as similar.

Any other type of news tends to move the market slowly but then day traders would beg to differ.

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December 11, 2016, 12:11:21 AM
 #646

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
are manipulating the price of bitcoin I think he is possessed bitcoin very much. because bitcoin prices are unstable due to sell quite a lot. only an investor with a lot of capital that is capable


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December 11, 2016, 05:07:48 AM
 #647

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
are manipulating the price of bitcoin I think he is possessed bitcoin very much. because bitcoin prices are unstable due to sell quite a lot. only an investor with a lot of capital that is capable
not just a lot of capital but billion dollars, and i don't think that if someone is not included as the richest man lists on few magazines then they may be don't capable to do price manipulation. Though manipulation is kind of risky if they are going to seek profit, but someone might have the intention to because bitcoin is vulnerable to major attack (51%)

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December 11, 2016, 06:45:42 AM
 #648

I don't think it is possible.There's always someone with more money and more greed out there waiting to play you. And let's not get started on some of the exchanges themshelves.
For a small owners like me, I'll just let the price take its course and do necessary actions whenever the price is good enough for buying or selling.
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December 11, 2016, 08:02:49 AM
 #649

Well if the btc is evenly distributed then we will not be able to manipulate prices. But the thing is that majorly China is a biggest player and held majority of the btc. Though there are various institution holding in china. If they all dump together then prices will fall like a dropping ball form air or hold it and limits the supply then prices will rose.
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December 11, 2016, 08:25:06 PM
 #650

Well if the btc is evenly distributed then we will not be able to manipulate prices. But the thing is that majorly China is a biggest player and held majority of the btc. Though there are various institution holding in china. If they all dump together then prices will fall like a dropping ball form air or hold it and limits the supply then prices will rose.

China can play only with the coins that are actively traded

And it seems that the upside is a lot more playable than the downside. My point is that they can really play the price only toward its further rising. There seems to be a huge support around the $500-600 level accumulated from all over the world, so even if they (I mean the Chinese players) decide to collectively dump all their coins, this won't make the price to collapse below these levels. But they can always try to buy more bitcoins and push the price even higher. I think no one will be particularly disappointed by that

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December 11, 2016, 08:31:58 PM
 #651

Depending who are "we", it's not possible to manipulate bitcoin price. If you don't have a lot of bitcoins or if you don't belong to a group of rich bitcoiners trying to control it, you can't manipulate bitcoin price, you are a small investor.
The only thing you can do is to take advantage with the big whales moves, follow them and you will have a higher chance to make profit.

Actually it is very possible, you can see the proof on the  news about China imposing capital control, bitcoin price goes down.  People pressing on the halving issue, bitcoin price goes up.  News about bitfinex hack, price go down.  Good news about Segwit, price go up,  some criticism about Segwit and how it will affect future bitcoin procedure, bitcoin go down.  See, if people can play with the media, bitcoin can easily manipulated.

I would not say that it is very easy. Yes some media influence on the course of Bitcoin is, but it is not decisive. Therefore, I believe that the price of Bitcoin manipulate people who have little Bitcoin is almost impossible

I guess only those big whales can  actually work for manipulation of the price yet it is hard for them too if they try. Like holding it u so the price will change and shake it again to come up with big value,
The marketcap is very high and it spread to a vast so I think nowadays the price of bitcoin is unable to manipulate by a group of people but if a news come to know and the whole community react to that news then some chances to bitcoin price occurs in the market.
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December 18, 2016, 10:50:51 PM
 #652

Today the bitcoin price is about 800$ which makes it very expensive and very hard to get and i don't that see that changing any time soon , because the bitcoin becomes more and more harder to mine , and this only makes people who are holding bitcoin hold it even more so they can get more of it , but i have seen some people saying that the bitcoin is dying whenever its price goes down and this is only to make people who are holding to sell so the price can drop even more and that way they can buy.
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December 20, 2016, 08:58:29 AM
 #653

Today the bitcoin price is about 800$ which makes it very expensive and very hard to get and i don't that see that changing any time soon , because the bitcoin becomes more and more harder to mine , and this only makes people who are holding bitcoin hold it even more so they can get more of it , but i have seen some people saying that the bitcoin is dying whenever its price goes down and this is only to make people who are holding to sell so the price can drop even more and that way they can buy.

It is expensive now. But compare the price in a few years, it is very cheap.
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December 20, 2016, 09:14:08 AM
 #654

Yes we can manipulate the price of bitcoin only when we large amount of bitcoin, bitcoin are not being controlled by one person there are many person who are operating it daily it is nothing trading. Daily we are hearing many good news regarding bitcoin technology are being tested some governments that is big jump to bitcoin holders. But bitcoin is a decentralized currency it should not be manipulate by one person. So it will have good future.
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December 20, 2016, 09:21:20 AM
 #655

Yes we can manipulate the price of bitcoin only when we large amount of bitcoin, bitcoin are not being controlled by one person there are many person who are operating it daily it is nothing trading. Daily we are hearing many good news regarding bitcoin technology are being tested some governments that is big jump to bitcoin holders. But bitcoin is a decentralized currency it should not be manipulate by one person. So it will have good future.

Basically those people you are talking that has large volume of bitcoins are the whales in bitcoin economy. But for being a normal bitcoin user and holder you can't manipulate the price of bitcoin unless you are part of a group that has a lot of members and do the same transaction like buying at the same time, then you are a considered as manipulator.

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December 20, 2016, 10:39:05 AM
 #656

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.
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December 20, 2016, 11:24:10 AM
 #657

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.

Good point. But still if you have a large number of this item named "bitcoin" which have just a limit to where it will end you could manipulate it with buying and selling it. That is what is happening with other rare items. Once they knew they stopped producing this items many people will try to buy one thinking its price will go up in the future.

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winspiral
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December 20, 2016, 11:34:20 AM
 #658

"manipulate" is not the good terme.
of course it is possible to change the price.
Eache time after a selling or a buyint the price changes.
if you try to manipulate it...and the market uses your "manipulation then the manipulator is the loser.
if the market fall in the "manipulation"...then the manipulator is winner.

I feel you give here a negative meaning at "manipulate" and in fact it is just normal result after normal trade.

if someone does manipulate the shares on my U2 system...it is unders hes own risks.
it is the same with bitcoin and everywhere.

blockman
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December 20, 2016, 12:09:14 PM
 #659

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.
winspiral
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December 20, 2016, 12:12:20 PM
 #660

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.

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