Can we Manipulate Bitcoin price?

[Maximilian_333]

I agree with you. Even just one not confirmed the news that China may impose restrictions on operations with bitcoin led to panic and drop the course. And what will happen if they take action?

[1715172315]

1715172315

[1715172315]

1715172315

[LuanX3]

I think someone is manipulating it already. It might not be a single person but many of them are. It's quite easy to manipulate it as it doesn't take that much money to do it as the whole value of all the current coins are not really that much that billionaires cannot control it. They can pump and dump coins at will.

[danherbias07]

I think someone is manipulating it already. It might not be a single person but many of them are. It's quite easy to manipulate it as it doesn't take that much money to do it as the whole value of all the current coins are not really that much that billionaires cannot control it. They can pump and dump coins at will.

Yes I agree with you and it is really happening until now. They tried to make bitcoin fall just to get more. I think this is a good strategy but will only work with a teamwork of different large quantity holders of bitcoin.
We know we have millions of bitcoin out now so they would need at least 5 digits of it to make it really work. 5 digit per person, maybe to create around 6 to 7 digits to make a successful manipulation.

[deisik]

I think someone is manipulating it already. It might not be a single person but many of them are. It's quite easy to manipulate it as it doesn't take that much money to do it as the whole value of all the current coins are not really that much that billionaires cannot control it. They can pump and dump coins at will

There is no way to tell market manipulation from "legit" price moves

If someone starts massively buying up bitcoins or just dumps his bulky stash of bitcoins all of a sudden all at once, and this heavily affects the prices, would that count as market manipulations? I guess that would be what any market is susceptible too. But what is price manipulation then? For example, Mt. Gox with their Willy the bot was artificially bidding up prices, but if someone just sells or buys a bunch of "real" bitcoins (not what Willy did buy selling dollars which it didn't have), it is debatable whether we can call this manipulation in the true sense of the word

[mornabo]

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.

prices will be manipulated for years to come. but the more forward of capital that should you spend to manipulate the price of bitcoin will be even greater because users will be more and more over time

[danherbias07]

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.

prices will be manipulated for years to come. but the more forward of capital that should you spend to manipulate the price of bitcoin will be even greater because users will be more and more over time

Yeah and there will be a time that there will be no more manipulation in just dumping and pumping because bitcoin will be too much expensive for them. The risk would be higher if they just then they got the wrong prediction, instead of going down it goes up because of big demands.
The manipulation will only be with false news that will be spread through out the bitcoin forums.

[Yatsan]

it depends. Because the law of supply and demand control the market value of a certain coin, So I can say that If the supply became low means that someone buy a bulk of bitcoin the price will rise and if the supply will become high the value of bitcoin low because somebody sell a bulk of bitcoin. You can manipulate the price of a coin rather bitcoin if you have almost the 50% of the total supply of it.

[Text]

it depends. Because the law of supply and demand control the market value of a certain coin, So I can say that If the supply became low means that someone buy a bulk of bitcoin the price will rise and if the supply will become high the value of bitcoin low because somebody sell a bulk of bitcoin. You can manipulate the price of a coin rather bitcoin if you have almost the 50% of the total supply of it.

That is the universal rule. And it is also because of the pumping and dumping of big whales in the network, they really affects what would be the price of bitcoin so there is really a manipulation behind this and we are just an algae on the ocean for having a dust amount.

[shulio]

it depends. Because the law of supply and demand control the market value of a certain coin, So I can say that If the supply became low means that someone buy a bulk of bitcoin the price will rise and if the supply will become high the value of bitcoin low because somebody sell a bulk of bitcoin. You can manipulate the price of a coin rather bitcoin if you have almost the 50% of the total supply of it.

I doubt that someone actually have 50 % of the current supply however bitcoin market is now full of speculative trader therefore it is easy to manipulate it when you have quite some amount. All you need to do is to start to bear or bull the market with a large amount of btc then the others will follow you . It is easy to manipulate traders

[EdenHazard]

it depends. Because the law of supply and demand control the market value of a certain coin, So I can say that If the supply became low means that someone buy a bulk of bitcoin the price will rise and if the supply will become high the value of bitcoin low because somebody sell a bulk of bitcoin. You can manipulate the price of a coin rather bitcoin if you have almost the 50% of the total supply of it.

I doubt that someone actually have 50 % of the current supply however bitcoin market is now full of speculative trader therefore it is easy to manipulate it when you have quite some amount. All you need to do is to start to bear or bull the market with a large amount of btc then the others will follow you . It is easy to manipulate traders

you mean about 51% attack? of course it is almost impossible if 'someone' hold it , but not impossible if it was some 'group' join to control the market which for me it is near hard to make it happened as bitcoin itself decentralized and make it always wild to control.

not impossible but the fact say it all, 51% attack indeed vulnerable for bitcoin .

[alien-fx2]

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.

[Vaskiy]

it depends. Because the law of supply and demand control the market value of a certain coin, So I can say that If the supply became low means that someone buy a bulk of bitcoin the price will rise and if the supply will become high the value of bitcoin low because somebody sell a bulk of bitcoin. You can manipulate the price of a coin rather bitcoin if you have almost the 50% of the total supply of it.

I doubt that someone actually have 50 % of the current supply however bitcoin market is now full of speculative trader therefore it is easy to manipulate it when you have quite some amount. All you need to do is to start to bear or bull the market with a large amount of btc then the others will follow you . It is easy to manipulate traders

As quoted price manipulation is possible with bitcoin as everything is happening based on speculative subject. Most of the time whales who hold big sum of bitcoins were the one who manipulate the price creating panic among the users. At the same uses it as an opportunity and buy more from users​ who sell on panic.

[bitkilo]

Some say groups like the whale club manipulate the bitcoin price on a daily basis amd maybe they do.
Maybe even the big mining farmers are in on the act but who really know for sure.

Bitcoin is no different than any other money driven markets, if there is cash to be made then you can bet at least one person in the room is not playing fair.

Every few days leading up to payday i think my boss must be manipulating the market because it always goes up $50 or more when they pay me then it drops again 

[NEWGOODOUBLE]

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.

yeah but if marketcap or large volumes in the market would be more difficult to manipulate you. therefore where the bitcoin has a very large volume in the market so it will be difficult for them to manipulate the price of bitcoin

[VTCutch]

I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.

yeah but if marketcap or large volumes in the market would be more difficult to manipulate you. therefore where the bitcoin has a very large volume in the market so it will be difficult for them to manipulate the price of bitcoin

I think that there are people who hold a very large volume of bitcoins. And they have a strong influence on the price of bitcoin. Unfortunately, the price of bitcoin has become unpredictable. This suggests that there are manipulators

[chaser15]

I think that there are people who hold a very large volume of bitcoins. And they have a strong influence on the price of bitcoin. Unfortunately, the price of bitcoin has become unpredictable. This suggests that there are manipulators

There are really people who hold a large amount of bitcoin that can shake up the market once they buy or dump their coins. Good thing as time passes by, numbers of unique bitcoin users, even holding a few quantity of bitcoin, are increasing resulting in a great numbers. With this kind of changes in the ecosystem, even bagholders dump their coin, bitcoin price can stand the pressure because of the resistance that those others bitcoin holders are doing.

Not like in the early stage of bitcoin that price is purely manipulated and whales can dictate what price it should went, price increase or decrease.

[deisik]

I think that there are people who hold a very large volume of bitcoins. And they have a strong influence on the price of bitcoin. Unfortunately, the price of bitcoin has become unpredictable. This suggests that there are manipulators

There are really people who hold a large amount of bitcoin that can shake up the market once they buy or dump their coins. Good thing as time passes by, numbers of unique bitcoin users, even holding a few quantity of bitcoin, are increasing resulting in a great numbers. With this kind of changes in the ecosystem, even bagholders dump their coin, bitcoin price can stand the pressure because of the resistance that those others bitcoin holders are doing

The price rise obviously works in the reverse direction

I agree that over time the distribution of bitcoins among users becomes more even (and dumps greatly contribute to this), but at the same time we shouldn't forget that with price growing, more and more people who couldn't before affect the price in any meaningful way now turn into mini whales (in fiat terms) and thus get some power to move the price stronger with their coins. The market price is determined by the balance of supply and demand naturally, and its growth in general is the result of the supply contracting and the demand expanding, which necessarily leads to markets becoming thinner, and consequently, to the effect that I described above

[wxa7115]

Well, have a lot of people who manipulate bitcoin, but honestly, it provides many advantages in retaining bitcoin. Well, they can manipulate the bitcoin only those who have a lot of bitcoin, and most likely it can only be done by the exchanger.

Those that control huge amounts of bitcoin are able to manipulate the price more directly but even small holders by their independent actions are able to manipulate the price, after all if everyone wants to sell at the same time then the price gets lower.

[el kaka22]

Some say groups like the whale club manipulate the bitcoin price on a daily basis amd maybe they do.
Maybe even the big mining farmers are in on the act but who really know for sure.

Bitcoin is no different than any other money driven markets, if there is cash to be made then you can bet at least one person in the room is not playing fair.

Every few days leading up to payday i think my boss must be manipulating the market because it always goes up $50 or more when they pay me then it drops again  

I heard exchanges also go for manipulating bitcoin prices that too with its member's bitcoins. (not just this, they do gamble also with public funds). But I do not see any breach of gentleman agreements there. They have opportunities so they make use of them.

Those that control huge amounts of bitcoin are able to manipulate the price more directly but even small holders by their independent actions are able to manipulate the price, after all if everyone wants to sell at the same time then the price gets lower.

Those independent small bitcoin holders only could make some spikes in bitcoin trading and definitely they could not make any impact in the movements of price levels. By considering 15+ billion market cap, we must at least need 10k+ bitcoins to practically manipulate bitcoin prices.

[Wowcoin]

Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.