julzcoinbit
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November 29, 2017, 07:23:13 AM |
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the demand of the people regulates the price...that's why we need to attract more people into this then the price will grow even more)
Yes, the high demand of bitcoin affects its price. The more bitcoin users, the high demand it will be. And the more people hold their coins for long and the more they keep on selling their bitcoin also affect its price. Overall, it can only affect the price but still, no one can manipulate bitcoin's price. If there's a possibility that bitcoin price can be manipulated, then it should be done years ago.
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apolonio
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November 29, 2017, 08:25:38 AM |
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It really depends on how people invest on it,the higher users means the higher also on demand.Then it will result in high price of bitcoin.
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gambitcoin53
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November 29, 2017, 08:38:24 AM |
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for some major players yes, they can manipulate the trend, but most of players here are the not so rich, even we pull a huge act just to maintain our "small" earnings, it will not have much effect as the major players have, let us just pray for them to be more generous enough to co-exist with majority of small timers.
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zombie6
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November 29, 2017, 09:13:17 AM |
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Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
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Zooplus
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November 29, 2017, 09:31:57 AM |
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Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins.
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FoxTheHuman
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November 29, 2017, 09:40:16 AM |
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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
We cannot adjust the price of bitcoin because we do not own so much bitcoin, enough to change the market like whales are.
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KennyR
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November 29, 2017, 10:10:36 AM |
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Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins. Through several sources understood that bitcoin can be manipulated by users who hold a large sum of bitcoin. Looking at the current growth, I don't think it can be manipulated. Though it is speculative, large volume holders too can't make a big change to the growth.
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LogitechMouse
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November 29, 2017, 10:59:21 AM |
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There are 2 ways I think that will work if you want to manipulate the price. First is you cooperate with rich people and invest many money in bitcoin then buy many coins and then suddenly sell it. Pump and Dump. Second is let the rich people buy many coins and dump it. It happens when the price of BCH suddenly increase and then the next morning it goes back to its normal price.
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goldcoinminer
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November 29, 2017, 11:05:14 AM |
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There are 2 ways I think that will work if you want to manipulate the price. First is you cooperate with rich people and invest many money in bitcoin then buy many coins and then suddenly sell it. Pump and Dump. Second is let the rich people buy many coins and dump it. It happens when the price of BCH suddenly increase and then the next morning it goes back to its normal price.
Yeah, if we have the capacity to do that we can certainly do, but the reality is most of us here are not holding a big number of bitcoin to move the price, we just have to be smart to understand the reason behind the price movement so we can also get the opportunity to be profitable.
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Bonakid
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November 29, 2017, 11:16:35 AM |
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We can manipulate it ,if we are holding a huge amount of investments and it also depends on the users it affects the price of bitcoin.Bitcoin is now popular and its growing worldwide ,it will manipulated by rich to increase the price of bitcoin.
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konco_kenthel
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November 29, 2017, 11:32:06 AM |
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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
If in affecting the actual bitcoin price we can do it Because more and more enthusiasts who want btc will automatically make the exchange rate is also high Meanwhile, if the interest of a small exchange rate can also decrease.
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richmcrich
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November 30, 2017, 07:21:20 AM |
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for some major players yes, they can manipulate the trend, but most of players here are the not so rich, even we pull a huge act just to maintain our "small" earnings, it will not have much effect as the major players have, let us just pray for them to be more generous enough to co-exist with majority of small timers.
The price of bitcoin can be manipulated, though as we are all meant to believe– Bitcoin price is influenced by the rate of investment made by we the users. But I’m starting to doubt that it is not the only thing in play here, of course it is not! I believe the devs and the people in charge are the ones that makes the most decisions here. So we investors makes no big influence in this price rate.
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Xabad
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December 04, 2017, 06:38:12 AM |
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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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Wa(t)ch_night()
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December 04, 2017, 06:50:01 AM |
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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
Well, right, if there are many bitcoins on the account, you can manipulate the market, and an ordinary user with 10 bitcoins so the price can not affect. Only if a lot of people lose bitcoin or buy then the price will change.
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BitcoinGirl.Club
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December 04, 2017, 06:51:18 AM |
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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
The idea is good but letting people know the importance of holding and preserving bitcoins value will be the big difference to ensure that prices do not fall, and buying more bitcoins would also have the same effect of stopping the value of bitcoins from falling.
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solenn heussaff
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December 06, 2017, 09:35:52 AM Merited by Gummybear67 (1) |
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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
I don't think we can actually manipulate bitcoin's price because all of the users of bitcoin is classified as minority because there is no one who are responsible for bitcoin. If there is it is either unknown or anonymous, and I think if it is even possible it will be hard for the people who will try to manipulate bitcoin.
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CHENIEN
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December 06, 2017, 11:00:14 AM |
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For my own opinion . All users cannot manipulate bitcoin price. Only the decision of price it comes from the rapid demand. When we talk about manipulation of users maybe it is only a strategic business techniques. If some users having lots of stocks of bitcoins and their purpose is to hold and wait for price high.
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mayax
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December 06, 2017, 12:14:18 PM |
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Bitfinex is doing that daily
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Konco126
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December 06, 2017, 01:52:40 PM |
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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
I think everyone can manipulate bitcoin prices if the person has a very wide knowledge of bitcoin. It don't matter whether he's a big or a small, obviously if he has a very wide knowledge of bitcoin, certainly be able to manipulate bitcoin prices. The issue of the rise and fall of bitcoin prices depends on buyers and bitcoin sales.
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The Alchemlst
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December 06, 2017, 02:02:48 PM |
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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
What you were saying is possible but it would take more than just an agreement and mutual goals to make this stable and true to its goal. The members should have a solid rules to follow and in sync and you will have to consider each individual scenarios and factors that may affect your plan.
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