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Author Topic: Can we Manipulate Bitcoin price?  (Read 73445 times)
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March 06, 2017, 11:45:41 PM
 #921

We could not manipulate bitcoin price but if those people who think they are, well their purpose is to dump all their coins and invest again Well anyway no matter what happens btc price will still at fluctuation always and if that strategy makes other people be profit, then I will say its only has 30% possibility to happen.
No one can manipulate except for a group who are holding lots of bitcoin and they can dump and buy. if you know there are some group are just giving signal if they are really planning to dump the price since they are large number of group they can push down the price or if they give a signal the price could be increase more they can and buy more bitcoin that can push the value of bitcoin..

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March 07, 2017, 03:12:12 AM
 #922

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
but i think now bitcoin is becoming more and more stronger therefore it is difficult to manipulate the price of bitcoin. and specially a single person cannot do that.
It's not possible for a single person, but it's possible for some of the parties make a collusion. But I think it will never happen because the audit by PBOC already prevents the chance to the parties for manipulating the bitcoin.
There is no manipulation for the bitcoin right now, and we always see the bitcoin will become stronger everytime.

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March 07, 2017, 04:02:45 AM
 #923

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
Though it's possible that we can influence the price of bitcoins but it is not that easy since there are guys who hold more than 100 bitcoins and yet they are not sure when the price will went up and down. So, maybe someone having 1k bitcoins can influence the price with a significant change but low amount holders can just be happy by altering a bit.
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March 07, 2017, 04:16:56 AM
 #924

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
Though it's possible that we can influence the price of bitcoins but it is not that easy since there are guys who hold more than 100 bitcoins and yet they are not sure when the price will went up and down. So, maybe someone having 1k bitcoins can influence the price with a significant change but low amount holders can just be happy by altering a bit.
Just give them the opportunity to manipulate as we are not in that level yet, what we should be thinking now is on how they do it and predict what will be the price with their manipulation. I think once the adopters will grow, manipulation of price will be lessen or probably will not happen anymore in the near future.

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March 07, 2017, 04:47:46 AM
 #925

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
Though it's possible that we can influence the price of bitcoins but it is not that easy since there are guys who hold more than 100 bitcoins and yet they are not sure when the price will went up and down. So, maybe someone having 1k bitcoins can influence the price with a significant change but low amount holders can just be happy by altering a bit.

you should never forget that no matter how much you influence bitcion price and how much you manipulte it, all those effects would be temoprary. none of the last long.
and ever day that passes and new people come in and others become more experienced it becomes harder.
and right now for every newbie weak hand there are 100 experienced traders waiting to buy their hands. and soon it will be 1000 and so on.

Buying the dip...
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March 07, 2017, 06:42:34 AM
 #926

If all bitcointalk community turn your power into manipulation, this can be possible, but hard!

And this is illegal, better stay clean
Let me tell you this ,it is not illegal to manipulate the price of any crypto currency as it is not monitored or run by any central authority and that is the best part when it comes to speculation and trading as you can make the most when you could manipulate the market and get away with it  Smiley.
Yeah and it's the beauty of bitcoins that each and everyone of us who even holds like 0.01 bitcoins do manipulate the price of bitcoins.

Wonder how ? Because if someone has 0.01 bitcoins and he fills a order on an exchange with that that means he lowered the price a bit. Actually this manipulation is what a lot of whales play with, and quite easily squeeze some nice profit.
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March 07, 2017, 10:38:27 AM
 #927

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
but i think now bitcoin is becoming more and more stronger therefore it is difficult to manipulate the price of bitcoin. and specially a single person cannot do that.
It's not possible for a single person, but it's possible for some of the parties make a collusion. But I think it will never happen because the audit by PBOC already prevents the chance to the parties for manipulating the bitcoin.
There is no manipulation for the bitcoin right now, and we always see the bitcoin will become stronger everytime.



It is not possible to make collusion like that right now because we need so many bitcoin users to make a deal to manipulate with bitcoin price so that will never happent but if somebody who is in govrement we contact maybe he can help us for bitcoin manipulations with some kind of laws.
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March 07, 2017, 05:57:01 PM
 #928

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
but to me i think that it is very much difficult to manipulate the price of bitcoin. i think it now becoming more and more difficult.  and that is only because the number of bitcoin users are increasing continuously.
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March 07, 2017, 06:30:07 PM
 #929

Many people say that some people manipulate the price of bitcoin. They just at the same time buy up on the battles of the crypto currency. Thanks to this, the price is growing. And they can provoke a price drop
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March 07, 2017, 08:02:01 PM
 #930

We could not manipulate bitcoin price but if those people who think they are, well their purpose is to dump all their coins and invest again Well anyway no matter what happens btc price will still at fluctuation always and if that strategy makes other people be profit, then I will say its only has 30% possibility to happen.
No one can manipulate except for a group who are holding lots of bitcoin and they can dump and buy. if you know there are some group are just giving signal if they are really planning to dump the price since they are large number of group they can push down the price or if they give a signal the price could be increase more they can and buy more bitcoin that can push the value of bitcoin..
That's true and kind of sad because most of us aren't those people who can control the price but those big group can decide to sell all their bitcoins whenever they want and after they sell their is a price crash and after that if they don't decide to buy it again it can cause lot's of trouble to the smaller investors as it may take time for the price to go high again
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March 07, 2017, 08:15:49 PM
 #931

We could not manipulate bitcoin price but if those people who think they are, well their purpose is to dump all their coins and invest again Well anyway no matter what happens btc price will still at fluctuation always and if that strategy makes other people be profit, then I will say its only has 30% possibility to happen.
No one can manipulate except for a group who are holding lots of bitcoin and they can dump and buy. if you know there are some group are just giving signal if they are really planning to dump the price since they are large number of group they can push down the price or if they give a signal the price could be increase more they can and buy more bitcoin that can push the value of bitcoin..
That's true and kind of sad because most of us aren't those people who can control the price but those big group can decide to sell all their bitcoins whenever they want and after they sell their is a price crash and after that if they don't decide to buy it again it can cause lot's of trouble to the smaller investors as it may take time for the price to go high again

Well, your complaints are kinda not founded

I guess quite a lot of people right now want to see the price go down a few hundred dollars to buy up cheap bitcoins. In fact, whenever we saw the price go down dramatically, it had been not because of some evil group of big whales (let's call them a pod of cryptowhales) manipulating the price down but largely because of hacks (the Bitfinex incident) or scams (Mt. Gox). The manipulators seem to be more inclined to manipulate the price up rather than down overall

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March 08, 2017, 03:45:44 AM
 #932

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.
Manipulating the price of bitcoins is the basic element that controls the price of bitcoins. Somewhere I read earlier that china's some rich guys or company took huge amount of bitcoins and hence made the price fly and this helped them since the rise in price meant that more guys would buy bitcoins and hence once they see a good price they just dump their coins.
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March 08, 2017, 04:02:55 AM
 #933

can not !! bitcoin is common property and if it can be manipulated should be done with the same. bitcoin amount is huge and I'm not sure if bitcoin can be manipulated by some people. bitcoin ours and we are the owners of bitcoin !!
Yes,manipulation can be done easily in altcoins which has low marketcap.But, i think in bitcoin which has a huge marketcap,it is not easy to manipulate the price.Even,bitcoin price is also not in control of chinese holders nowadays.
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March 08, 2017, 06:09:46 AM
 #934

Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.
Manipulating the price of bitcoins is the basic element that controls the price of bitcoins. Somewhere I read earlier that china's some rich guys or company took huge amount of bitcoins and hence made the price fly and this helped them since the rise in price meant that more guys would buy bitcoins and hence once they see a good price they just dump their coins.

Just like what is happening now, I think someone is manipulating the price of bitcoin. Since there is an important event that is coming for a few days left. It's what many are believing that we can manipulate bitcoins price but that is just applicable for those big players in bitcoin. This is not applicable for us who are just small time bitcoin traders.

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March 08, 2017, 07:09:45 AM
 #935

can not !! bitcoin is common property and if it can be manipulated should be done with the same. bitcoin amount is huge and I'm not sure if bitcoin can be manipulated by some people. bitcoin ours and we are the owners of bitcoin !!
Yes,manipulation can be done easily in altcoins which has low marketcap.But, i think in bitcoin which has a huge marketcap,it is not easy to manipulate the price.Even,bitcoin price is also not in control of chinese holders nowadays.
of course, because in bitcoin very large volumes of more than millions of dollars each day in the market rotates bitcoin. so it will be difficult to manipulate the price of bitcoin. altcoin may be easier for small marketcap
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March 08, 2017, 07:28:45 AM
 #936

I dont think so, only the market will.. If one can then he must be very man who can an have power to do that...
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March 08, 2017, 08:35:37 AM
 #937

I fear its possible now! Bitcoin is already too diversified! Now it is nearly impossible for single seller or buyer to influence price of Bitcoin in any way! It moves greatly owing to forces of market for example the demand and supply. Bigtime traders can, there is no limit with the supply. Imagine someone who hold 100 - 500 btc? He / she can immobilize the price much!
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March 08, 2017, 11:29:06 AM
 #938

Our little effort can actually make a difference but because we didnt take it together, thats why it seems our individual efforts does not matter. Little did we know that when I decided to sell my 1btc and we have another 1 million individuals around the world doing so at the same time then we would have succeeded in driving down the price without any of us knowing that our action or inaction led to that. But where the problem is we agreeing that this is what we want to do and follow through then our objective can be achieved loud and clear.
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March 08, 2017, 11:42:55 AM
 #939

Our little effort can actually make a difference but because we didnt take it together, thats why it seems our individual efforts does not matter. Little did we know that when I decided to sell my 1btc and we have another 1 million individuals around the world doing so at the same time then we would have succeeded in driving down the price without any of us knowing that our action or inaction led to that. But where the problem is we agreeing that this is what we want to do and follow through then our objective can be achieved loud and clear.
Yes that is right, there are 2 situations in which we can influence the price of something it is when a person offloads or buys massive amount of it, obviously it will affect the price to go down and up, respectively. And the other thing is when at least 10% of the holders did the same thing and will create a ripple effect in the market. That is the power of a person on how it can influence the price.
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March 08, 2017, 11:43:31 AM
 #940

I fear its possible now! Bitcoin is already too diversified! Now it is nearly impossible for single seller or buyer to influence price of Bitcoin in any way! It moves greatly owing to forces of market for example the demand and supply. Bigtime traders can, there is no limit with the supply. Imagine someone who hold 100 - 500 btc? He / she can immobilize the price much!
100 - 500 BTC is actually considered as a small amount if you realise that bitcoin now currently has Market cap about $19,696,817,064 and it's not even 5%. I can't argue that some people may affect bitcoin's price by simply dumping but, he must have at least more than million dollars to do it, and the question is, whom of those riches want to waste that much of money for the sake of dumping bitcoin?.

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