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Author Topic: Can we Manipulate Bitcoin price?  (Read 73435 times)
sergeyzol
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March 27, 2017, 07:13:37 PM
 #1061

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.

I do not agree with you. It's not in the past. Now we see a tough manipulation. Now we can definitely say that the cost of bitcoin is manipulated by large whales that have a lot of resources
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March 28, 2017, 05:31:47 AM
 #1062

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.


Yeah it was happening since then and as of now they did manipulate the price again which is more beneficial to all of us and to control the market of bitcoin. Those people behind this manipulation are the real ones that are playing a big role in the market because they are the ones that makes bitcoins price stable and acceptable.



 

 

 

 

 

 


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March 28, 2017, 12:10:48 PM
 #1063

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.


Yeah it was happening since then and as of now they did manipulate the price again which is more beneficial to all of us and to control the market of bitcoin. Those people behind this manipulation are the real ones that are playing a big role in the market because they are the ones that makes bitcoins price stable and acceptable.

If all this is true (and it seems to me that this is true), then I am very upset. Hence bitcoin is now not as decentralized as we want. And now he is not much different from the Fiat.
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March 28, 2017, 12:53:57 PM
 #1064

It's possible if we as community team up and form a massive amount of buy support, but the fact is that the majority of the people here are small holders and have barely a reasonable amount of money to have an impact on the price, even not with plenty of these people.

I can remember that it happened with certain altcoins back in 2014 where the whole community of that altcoin used to give a certain coin a massive pump. I think a good example of that is BlackCoin. It got pumped like there is no tomorrow, and it fell down again like there is no tomorrow at some point.
We have the same thought about this topic. For me the support of bitcoin can control the price increase of bitcoin. As far its community support or uses bitcoin on its daily basis. The demand increase as its price also increases just like in businesses. When people uses bitcoin the cycle of currency going to be fast and efficient for some users to feel. Massive support of people will sure help the progress of bitcoin for its future to grow and develop. Just wait for more minor upgrade on transaction and price.
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March 28, 2017, 01:09:51 PM
 #1065

It's possible if we as community team up and form a massive amount of buy support, but the fact is that the majority of the people here are small holders and have barely a reasonable amount of money to have an impact on the price, even not with plenty of these people.

I can remember that it happened with certain altcoins back in 2014 where the whole community of that altcoin used to give a certain coin a massive pump. I think a good example of that is BlackCoin. It got pumped like there is no tomorrow, and it fell down again like there is no tomorrow at some point.
We have the same thought about this topic. For me the support of bitcoin can control the price increase of bitcoin. As far its community support or uses bitcoin on its daily basis. The demand increase as its price also increases just like in businesses. When people uses bitcoin the cycle of currency going to be fast and efficient for some users to feel. Massive support of people will sure help the progress of bitcoin for its future to grow and develop. Just wait for more minor upgrade on transaction and price.
I think it also, we have a capability to manipulate the bitcoin price. It will depend on us, if the community that uses bitcoin will support and use it for daily transaction. The demand of bitcoin will increase at the same time the value of bitcoin will also increase.



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March 28, 2017, 01:13:06 PM
 #1066


I think it also, we have a capability to manipulate the bitcoin price. It will depend on us, if the community that uses bitcoin will support and use it for daily transaction. The demand of bitcoin will increase at the same time the value of bitcoin will also increase.

We really don't, not with the market cap being $17.2 bn.

The last time it was easy to manipulate bitcoin was in early 2013 when the price was under $100.

 
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March 28, 2017, 01:15:44 PM
 #1067

Well, the theory is depend on demand and supply but i'm sure some people that have many bitcoins can manipulate the price of bitcoin, because when they sell all their coins it will give a significant drop on the chart and it will makes other people sell their coin too.
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March 28, 2017, 02:36:22 PM
 #1068

Chinese have the biggest bitcoin network, they have the top and biggest mining pool globally. Those big holders really know what to do, they can make a good amount just by pumping and dumping... always ready when to sell and to buy.

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March 28, 2017, 02:46:42 PM
 #1069

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.
I think even now we can manipulate the bitcoin price. It can be manipulatedin the way of if the demand of bitcoin is increasing then, same goes for the value of bitcoin it will increase also. However, it will happen only if the users of bitcoin will increase and use it for their daily transactions. Plenitude support of people has a big impact on the manipulation of bitcoin price.

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March 28, 2017, 02:47:18 PM
 #1070

Well, the theory is depend on demand and supply but i'm sure some people that have many bitcoins can manipulate the price of bitcoin, because when they sell all their coins it will give a significant drop on the chart and it will makes other people sell their coin too.
Are you talking about the speculative transactions. They really are able to sow panic on the stock exchange, but if people would respond speculators simply lose their money.
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March 28, 2017, 03:35:24 PM
 #1071

I think the "sharks" can manipulate the price since they have a huge amount to do that, as it is in the stock market. If you have huge amounts of bitcoin, you can do so.

And probably with a cartel, this could happen easily.
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March 28, 2017, 04:48:14 PM
 #1072

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.
There was a time when a simple news could impact the price of bitcoin but i think things are changing and if not for the forking and power struggle we would not see a price slide and even now the price is recovering,price manipulation is possible in alt coins where they have low volumes.If you are holding millions of dollars of millions worth of bitcoin then you could manipulate the price .

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March 28, 2017, 04:51:55 PM
 #1073

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.
There was a time when a simple news could impact the price of bitcoin but i think things are changing and if not for the forking and power struggle we would not see a price slide and even now the price is recovering,price manipulation is possible in alt coins where they have low volumes.If you are holding millions of dollars of millions worth of bitcoin then you could manipulate the price .

I agree. Does that mean bitcoin is gaining trust or there are just much more holders now than spenders or panic sellers.
I guess we learned a lesson from before like the $800 rise then back to $600.
That is a good experience for us to see how strong bitcoin could be.
There are different types of how it could be manipulated. But as I see now, there is not much. Only dumping and pumping back for a mild profit.
I think bitcoin is somehow making it easier for others to make money just like that although it is still risky for me.
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March 29, 2017, 01:47:46 AM
 #1074

Well bitcoin can be manipulated since the begining, now is more clear that some whales group, as well good or bad news does make price to change, but the worse is the attacks over exchanges or big projects with a lot btc from users, that make they left or loose their full capital. Nowadays a manipulation at bitcoin does cost milions and need whales supports, to keep the dump or pump for a while and then let the market to test the values.
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March 29, 2017, 01:50:42 AM
 #1075

Well bitcoin can be manipulated since the begining, now is more clear that some whales group, as well good or bad news does make price to change, but the worse is the attacks over exchanges or big projects with a lot btc from users, that make they left or loose their full capital. Nowadays a manipulation at bitcoin does cost milions and need whales supports, to keep the dump or pump for a while and then let the market to test the values.

We can't manipulate shit because none of could be trusted with the task lol youre right it does take a lot to manipulate but the guys are out there. lucky guys.
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March 30, 2017, 02:39:15 AM
 #1076

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.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.
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March 30, 2017, 02:45:37 AM
 #1077

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.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.

It is still possible to manipulate the price on smaller exchanges, but it isn't as useful as the volume on said exchanges is dreadful.  But you are right,  the market has too many participants to manipulate in a meaningful way. Even a  multi actor attempt could be foiled; at extreme, crippling expense.

Not worth it.
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March 30, 2017, 12:11:07 PM
 #1078

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.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.

For me the whales will not simply go away from bitcoin ecosystem they are going to stay at the background and grab every opportunity to gain huge profits.While bitcoin's volatility provides opportunities for small time traders like us, imagine how big whales will take advantage of the situation, thus manipulating the price of bitcoin. However, if we, the bitcoin user base keeps expanding in the future and help improve trading volume, then the market price of bitcoin will be less dependent on speculation and would make it less influence by those whales out there.

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ETHEROLL
..PLAY NOW..
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March 30, 2017, 12:39:48 PM
 #1079

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.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.

For me the whales will not simply go away from bitcoin ecosystem they are going to stay at the background and grab every opportunity to gain huge profits.While bitcoin's volatility provides opportunities for small time traders like us, imagine how big whales will take advantage of the situation, thus manipulating the price of bitcoin. However, if we, the bitcoin user base keeps expanding in the future and help improve trading volume, then the market price of bitcoin will be less dependent on speculation and would make it less influence by those whales out there.
The volume of the bitcoin users are keep on expanding and now it is getting bigger and bigger because of gaining more popularity of bitcoin. I think even the whales now are having hard times in manipulating or dictating the price of the bitcoin because of very huge volume of users and now it requires them a lot of money like million dollars just to execute a good manipulation.
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March 30, 2017, 02:33:12 PM
 #1080

This is not at all possible for an individual or unless you hold majority of the coins with you. China do hold majority of coins and if entire country decides to sell in case of ban in China market fill fall like a ball from the top floor falls to the ground.
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