Can we Manipulate Bitcoin price?

[EdenHazard]

We would need a lot of resources to manipulate the Bitcoin price like other big whale speculators are doing at the moment and I don't think we here on Bitcointalk have the capital to do so.If some groups/companies have the capacity to hoard the supply of bitcoins, that would greatly affect the price of bitcoins because of the supply and demand rule.

that is what makes people start to speculate there is a manipulation in bitcoin market , some chinese group have more than half of the whole mining activity , just take a look at the blockchain network , chinese mining companies are everywhere collecting bitcoin .

with that situation , clear enough if they want to pump or dump the price they can , sounds like not decentralized isn't it?

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[Text]

Now I understand better. So those groups are anonymous? I agree now that those big whales and big holders like chinese can manipulate the price, they are the only that can make big profits consistently. It is a nice idea to spread the holdings but I think it will not work.

[Pattart]

Every time you buy and sell you are manipulating the price of whatever you are trading, in this case bitcoin, the issue is that we don’t have many coins so your influence over the markets is extremely limited but whales can manipulate the price with their huge stash of bitcoin.

I think whatever you do in the bitcoin market will be little effect on the price, if you have a large community and do something simultaneously in the market certainly it will give the effect on the price of bitcoin

[UCHCHILD]

Yes, those big amount holders can, when they spend their coins in one click the value will gonna crashed down and if no one will gonna purchased again big enough then it will be hard to make it rise again

[jeraldskie11]

Honestly, as the research said, the bitcoin has no one controls it. It is program by the developers that function by itself but even bitcoin no controls, the bitcoin users can affect the price of bitcoin because as we base it in economics, there is a demand and there is a supply. So if the demand high ofcourse the supply is low (vise-versa) so in that time need to increase the price.

[NEWGOODOUBLE]

Yes, those big amount holders can, when they spend their coins in one click the value will gonna crashed down and if no one will gonna purchased again big enough then it will be hard to make it rise again

I have never seen big holders. I myself still quite doubtful is it now bitcoin prices can still be manipulated or not. saw the price I thought it was quite natural to happen ?

[whizter]

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.

Big whales does that to every speculative market,not only in bitcoin or alt coin trading but even i stock trading. If you look at the history charts of bitcoin all the price drop and gain are simply because of manipulation and rumors play a big role in this  market.

but to me i think as soon as time pass it is now becoming more and more difficult for the big whale to manipulate the price of bitcoin as the number of bitcoin users is increasing continuously.

[Creepings]

Yes, those big amount holders can, when they spend their coins in one click the value will gonna crashed down and if no one will gonna purchased again big enough then it will be hard to make it rise again

China, one of the biggest holders of bitcoin. China holds a big role on the changing of bitcoins, that is how big they are. I don't really know how much they earn, but one thing is for sure, they are earning big.

[BeGoods]

We would need a lot of resources to manipulate the Bitcoin price like other big whale speculators are doing at the moment and I don't think we here on Bitcointalk have the capital to do so.If some groups/companies have the capacity to hoard the supply of bitcoins, that would greatly affect the price of bitcoins because of the supply and demand rule.

there are many things that must be prepared to manipulate the price of bitcoin. Of course you need a team or community, large capital alone is not enough, yeah you need such as speculators and others

[virasog]

Now I understand better. So those groups are anonymous? I agree now that those big whales and big holders like chinese can manipulate the price, they are the only that can make big profits consistently. It is a nice idea to spread the holdings but I think it will not work.

Everyone is anonymous in terms of bitcoin transaction, your name is not given to the transaction you made or what ever details you have in life.
Especially those who holds big amount of coins, they do not spread that they have big coins in their wallets cause nothing will happen if they gonna spread it, or maybe their account will be in danger, hackers might attack their account, digging it out until they got the money.

[Fatanut]

Honestly, as the research said, the bitcoin has no one controls it. [1]It is program by the developers that function by itself but even bitcoin no controls, [2]the bitcoin users can affect the price of bitcoin because as we base it in economics, there is a demand and there is a supply. So if the demand high ofcourse the supply is low (vise-versa) so in that time need to increase the price.

[1] It's decentralized, it's not a stand alone technology. Miners have to stick around so the bitcoin network will be both secure and running. It is decentralized because all these miners are scattered around the world and there's no central entity or network that controls them. There's no weak spot since even if you successfully take down a couple of miners, eventually, there will be new miners coming.

[2] Most of the time, it's the users that gets controlled by other users. For example, someone who's considered a celebrity in the bitcoin world (e.g. Vinny Lingham, Roger Ver) will always be trusted so if they tweet that a coin is good and they are selling their bitcoins to start supporting that new coin, their followers will follow their move. Just like how a shepherd make a herd of sheep move.

[bravehearth0319]

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

Almost majority of the bigger investors can do manipulate the the price of bitcoin. And most are the different exchange's site that getting a huge volume's of bitcoin. However, there are some big groups also who are whale which can be consider has a capacity also to manipulate the value of bitcoin together with the charge in the transaction fee they do it too.

[VanDeinsberg12]

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

Almost majority of the bigger investors can do manipulate the the price of bitcoin. And most are the different exchange's site that getting a huge volume's of bitcoin. However, there are some big groups also who are whale which can be consider has a capacity also to manipulate the value of bitcoin together with the charge in the transaction fee they do it too.

Do you think if the manipulate the price of bitcoin is only about the dump and pump the price of bitcoin? It's really wrong, in this time the main thing is about the support aspects such as the bitcoin news.
Does it turn to the bullish or bearish for the bitcoin itself? It's the reason.

[Bitcoin0916]

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.

We wait for up 3 months in advance, if they continues to sell the price could drop under $1000. But I'm sure that's not going to do because they also know that it is currently not easy to manipulate because there is forces that can fight.

[Erza]

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.

But why they are going to sell it on the lower price? They want to get some profit too though, the one that only sell for low price only some early adopter which is they are not losing anything instead of that, they keep gaining some coin to sell from gambling though. Big whale have their tons of coin just by keep on buying and that will make price go so high

[freedomgo]

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.

But why they are going to sell it on the lower price? They want to get some profit too though, the one that only sell for low price only some early adopter which is they are not losing anything instead of that, they keep gaining some coin to sell from gambling though. Big whale have their tons of coin just by keep on buying and that will make price go so high

They are constantly making profit when they will create a panic, they will lure the weak holders to sell their bitcoins so they can buy a good volume
at a very low price, we have to be mature with that and do not let them play with us. I think the best way to do is to join the whales as for sure they will not let this bitcoin die, there are times we will see some dump but that would not mean a big thing since the value will eventually rise.

[dwieyani]

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

[Wapinter]

Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.

We wait for up 3 months in advance, if they continues to sell the price could drop under $1000. But I'm sure that's not going to do because they also know that it is currently not easy to manipulate because there is forces that can fight.

When they can manipulate the price of shitcoin to the moon,there is hardly any argument to say they can't manipulate bitcoin price.
I am damn sure some big Chinese miners are behind recent pump and now dump.

[stergium]

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin.

[deisik]

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin

In real life, though, this is nowhere near the case

If the number of Bitcoin users increases (and this is a big if on its own), that doesn't mean that the possibilities for price manipulation diminish. In fact, they could even grow. You seem to implicitly assume that the new users will be using their bitcoins for trading or whatnot, but this is not necessarily so (I'd rather say it is highly unlikely). If they just stash their fresh coins away (which some obviously do), these coins can be considered as left for dead (at least, for the time being). Therefore, the total number of coins circulating in the market is likely to decrease over time, but that contributes to price manipulation, not takes from it (a rule of thumb, less coins in the market means more price manipulation)