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mornabo
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December 22, 2016, 05:42:26 AM |
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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.
I think you're wrong, you can look like a game of football, who set up the game? the players. same as bitcoin is also controlled by its users. when there are users who have more ability or can be said to have a very large bitcoin with large funds, of course they could manipulate the price of bitcoin |
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erwin45hacked
Legendary
 Offline
Activity: 1064
Merit: 1000
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December 22, 2016, 05:46:11 AM |
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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.
I think you're wrong, you can look like a game of football, who set up the game? the players. same as bitcoin is also controlled by its users. when there are users who have more ability or can be said to have a very large bitcoin with large funds, of course they could manipulate the price of bitcoin Trading is all about manipulation and it is just a normal thimg, you cant really blame it from happening. Besides that anything that is tradable could be manipulated and all it needs is actually a group of people that you could trust to make it happen, it is much better than alone having large fund to manipulate it |
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megynacuna
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December 22, 2016, 05:54:22 AM |
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I doubt if manipulation is the right word, it can't be manipulated but of course raw a lot of human activities can affect it negatively or positively. For instance when a lot of miners and farms decide not to mine again, the difficulty rate will definitely go down and that could have a change on bitcoin price.
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deppil
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December 22, 2016, 06:14:50 AM |
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I doubt if manipulation is the right word, it can't be manipulated but of course raw a lot of human activities can affect it negatively or positively. For instance when a lot of miners and farms decide not to mine again, the difficulty rate will definitely go down and that could have a change on bitcoin price.
Right it also can make the price go down. yeah policies or behavior of users that includes many users also give effect to the price of bitcoin, but believe it or not there are some users who have a large capital could manipulate the price of bitcoin for their profit |
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EdenHazard
Legendary
Offline
Activity: 2674
Merit: 1048
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December 22, 2016, 06:37:05 AM |
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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.
I think you're wrong, you can look like a game of football, who set up the game? the players. same as bitcoin is also controlled by its users. when there are users who have more ability or can be said to have a very large bitcoin with large funds, of course they could manipulate the price of bitcoin considering bitcoin has a fixed supply , i think the price itself can be manipulated. let's say if some group of bitcoin miner own half of bitcoin supply , and do dumping and pumping continuously , you think it will not give them a power to manipulate the price? and of course give them a profit too. |
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Exoskeleton
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December 22, 2016, 06:43:41 AM |
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There was a time not long ago when you could buy/sell enough btc to move the market with an investment of as little as one million dollars. Not very many people had the balls or the means to try such a thing.
Today with bitcoin at $850 and climbing and well over ten million btc in circulation there is no moving the markets anymore. It would take tens of millions of dollars to really move the market these days and even then it would probably correct itself right away.
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X-ray
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December 22, 2016, 07:14:17 AM |
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I doubt if manipulation is the right word, it can't be manipulated but of course raw a lot of human activities can affect it negatively or positively. For instance when a lot of miners and farms decide not to mine again, the difficulty rate will definitely go down and that could have a change on bitcoin price.
Right it also can make the price go down. yeah policies or behavior of users that includes many users also give effect to the price of bitcoin, but believe it or not there are some users who have a large capital could manipulate the price of bitcoin for their profit policies in some countries even its restrict the usage of bitcoin but the countries only have small amount of bitcoin users then it might not really affect, and behaviour of users aren't really into the market, most of demands are now were made by traders. i don't see a true users who always spend their bitcoin to buy goods could really affect the market |
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JANGKRIK BOSS
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December 22, 2016, 07:41:01 AM |
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I'm not sure if anyone can the manipulation of prices, if still small marketcap like Altcoin certainly could, but whether there are crazy people who want to play the price of the bitcoin marketcap is already tens of millions of dollars.
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danherbias07
Legendary
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Activity: 3108
Merit: 1114
Leading Crypto Sports Betting & Casino Platform
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December 22, 2016, 09:11:15 AM |
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I'm not sure if anyone can the manipulation of prices, if still small marketcap like Altcoin certainly could, but whether there are crazy people who want to play the price of the bitcoin marketcap is already tens of millions of dollars.
Its going to get hard to just play with a large amount of money specially when the price really spiked up. That is a lot of risk to be taken if they want to buy then sell back for profit. It will be a huge loss if ever they pick the wrong decision. |
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jondeen707
Member
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Activity: 84
Merit: 10
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December 22, 2016, 12:57:31 PM |
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There was a time not long ago when you could buy/sell enough btc to move the market with an investment of as little as one million dollars. Not very many people had the balls or the means to try such a thing.
Today with bitcoin at $850 and climbing and well over ten million btc in circulation there is no moving the markets anymore. It would take tens of millions of dollars to really move the market these days and even then it would probably correct itself right away.
A one-time sale of, say, 1,000 to 1,500 bitcoins can definitely move the price. I'm afraid you are overly optimistic about the liquidity. |
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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December 22, 2016, 01:15:33 PM |
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I'm not sure if anyone can the manipulation of prices, if still small marketcap like Altcoin certainly could, but whether there are crazy people who want to play the price of the bitcoin marketcap is already tens of millions of dollars.
I agree with you . we see the deployment of bitcoin amount, the amount of which is fantastic of course. bitcoin is very difficult to manipulate. if you want to manipulate that person will have great wealth and also has a number of bitcoin very much. |
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Monnt
Legendary
Offline
Activity: 938
Merit: 1000
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December 22, 2016, 06:10:59 PM |
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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.
In fact we can manipulate the price , it is true that the government does not have control over it , but the community that has it can , if we decide not exchange the bitcoin the demand will get high and so is the price and if we all sell the price will go down, that is why the bitcoin community is divided between spenders and holders. |
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ikydesu
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December 22, 2016, 08:12:07 PM |
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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.
I think you're wrong, you can look like a game of football, who set up the game? the players. same as bitcoin is also controlled by its users. when there are users who have more ability or can be said to have a very large bitcoin with large funds, of course they could manipulate the price of bitcoin considering bitcoin has a fixed supply , i think the price itself can be manipulated. let's say if some group of bitcoin miner own half of bitcoin supply , and do dumping and pumping continuously , you think it will not give them a power to manipulate the price? and of course give them a profit too. I would agree, they called dinosaur, who already mine bitcoin at first place. But if we considering the price recently, dump pump bitcoin is have more risky and considering people who hold bitcoin itself, the holders could be rise over 300% since it's released in first place. I'm not sure if anyone can the manipulation of prices, if still small marketcap like Altcoin certainly could, but whether there are crazy people who want to play the price of the bitcoin marketcap is already tens of millions of dollars.
I agree with you . we see the deployment of bitcoin amount, the amount of which is fantastic of course. bitcoin is very difficult to manipulate. if you want to manipulate that person will have great wealth and also has a number of bitcoin very much. No, personal/person cannot manipulate bitcoin, but by grouping of wealth/whales/dinosaur people could be. |
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Mirardowyn
Member
Offline
Activity: 91
Merit: 10
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December 22, 2016, 10:50:58 PM |
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You need big parties to really influence the bitcoin but yes it is possible without any doubts, I do not think that we can do it only with small amounts and some speculations.
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rajasumi3
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December 26, 2016, 12:05:57 PM |
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As bitcoin is decentralized there are machines who are regulating the price of bitcoins then and now .and to be fair we cant just manipulate the price of bitcoins .
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deisik
Legendary
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Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
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December 26, 2016, 02:28:08 PM |
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There was a time not long ago when you could buy/sell enough btc to move the market with an investment of as little as one million dollars. Not very many people had the balls or the means to try such a thing.
Today with bitcoin at $850 and climbing and well over ten million btc in circulation there is no moving the markets anymore. It would take tens of millions of dollars to really move the market these days and even then it would probably correct itself right away.
A one-time sale of, say, 1,000 to 1,500 bitcoins can definitely move the price. I'm afraid you are overly optimistic about the liquidity. But you don't say by how much you can move the price with this amount of Bitcoin. If it is just a few dollars, then it is surely not even worth mentioning. On the other hand, I don't think that you will be able to move the price for a hundred dollars with so many (or so few) bitcoins unless the price is already going down when someone is selling a heap of coins or demand is shrinking on its own. And how many people actually have that much? This is kinda like a million dollars... In short, there are too many factors at play to decisively claim anything |
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Shiroslullaby
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December 26, 2016, 02:31:50 PM |
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A one-time sale of, say, 1,000 to 1,500 bitcoins can definitely move the price. I'm afraid you are overly optimistic about the liquidity.
Even at the low end, you are still talking close to a million dollars in one trade, and that would probably only move the price a few dollars. It would take multiple million-dollar transactions to move the price in any one direction for more than a few minutes at this point. |
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RhodaGila
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December 26, 2016, 02:48:54 PM |
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You need big parties to really influence the bitcoin but yes it is possible without any doubts, I do not think that we can do it only with small amounts and some speculations.
Yes, I agree with this, all can be done so long as they can work together and do together, but provided with a number of very, very large, the size of the nominal I think it is very influential and seemed in exchange to do that. |
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Dudeperfect
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December 26, 2016, 03:25:23 PM |
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You need big parties to really influence the bitcoin but yes it is possible without any doubts, I do not think that we can do it only with small amounts and some speculations.
Yes, I agree with this, all can be done so long as they can work together and do together, but provided with a number of very, very large, the size of the nominal I think it is very influential and seemed in exchange to do that. It will hardly take 5 to 10 people to manipulate bitcoin price, but those 5 to 10 people must be financially similar to Warren Buffett, Jeff Bezos, Charles Koch, David Koch, Carlos Slim, Mark Zuckerberg, etc., etc., etc. Otherwise it is not possible for us to manipulate price on the individual level. |
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avikz
Legendary
Offline
Activity: 3066
Merit: 1498
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December 26, 2016, 04:03:40 PM |
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Like any other trading market, bitcoin price is also measured by the demand and supply. if the supply is more than the demand, the price will come down and vice versa. SO surely you can manipulate the bitcoin price but only if you have around a million dollar to play in the stock market.
If you start with few thousand dollar, they there will be no impact of its price. So if you have a deep pocket and you are willing to play with that in bitcoin market, then probably you will be able to manipulate otherwise not.
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