dejan_p
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January 05, 2018, 11:56:36 PM |
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you could make an orchestrated impact but it would take a hell of a lot of coordination, effort, resources, etc (fake news, and all kind of stuff) even with that, with this market capitalization, it would only make a small, short-term dent in the price
you would be way better trying to manipulate price of some other coin
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shahani
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January 06, 2018, 01:35:11 AM |
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User's and bitcoiner's cannot manipulate bitcoin price. Maybe those only the organizers have the power or rights to manipulate bitcoin price.
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AndrewBoltz
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January 06, 2018, 01:39:40 AM |
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Yes I think we can manipulate the price, but not in a good way. We can just dump all our coin, and for sure the price will go down big. I am not sure how we can manipulate it to go up again I guess, it needs a lot of effort and coordination to the members of this forum. LOL
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haster100
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January 06, 2018, 08:52:49 AM |
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It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.
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dharnamonitor
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January 06, 2018, 10:00:00 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
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. Yes I agree with you, there's a chance that we can manipulate it, example if we are holding a huge amount of investments and it also depends on the users it affects the price of bitcoin. However we all know that bitcoin is continuosly being popular now and it is continue growing worldwide. If people control his/her own bitcoin by own reason, I think it is also called manipulate. Dude, I think manipulation is all about controlling the bitcoin price as a whole. there are many different ways to manipulate a certain crypto price, one example is that if you were a popular or influential person you could easily be followed by people if ever you make a decision on what crypto you are supporting.
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Haterstestbtc
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January 06, 2018, 10:09:13 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
Possibly No, we as a pre-earner in bitcointalk organization can not make any movements just to manipulate the price to remain permanently increase because all this things happen are base on world market movement.
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Yakult
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January 06, 2018, 10:20:48 AM |
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This would be hard. Atleast you must hold a big percent of bitcoin population to make it happen. Also, there are lot of markets now which holds other btc.
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Mr.X(999)
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January 06, 2018, 10:22:57 AM |
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chickenfried12
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January 06, 2018, 10:24:27 AM |
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if you have strong financial strength and have news sites or news from familiar places, you may have a possibility on the stock market by using them on your own path, by producing false or balloon news, and by investing or Trading a little. you have other whales.
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Wildwest
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January 06, 2018, 10:31:02 AM |
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Bitcoin price is controlling by people who use Bitcoin so you are can manipulate Bitcoin price. But you must have enough funds to do so because manipulating Bitcoin prices is not easy because people who use Bitcoin are so much, but if you have a few percent of Bitcoin total or have a lot of funds you can do that.
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pocketfullofpoke
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January 06, 2018, 11:27:32 AM |
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Nobody can dictate the market price of bitcoin or any crypto currency because it's always the demand of the people and the supply of the crypto. IMO, what happened in the falldown of market price of almost all cryptos in the top 50 last Christmas if due to the Whales who hold a voluminous quantity of a certain crypto. When he sold it, it creates a big dip of its market price.
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RavenHood
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January 06, 2018, 01:31:47 PM |
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In my opinion, we can manipulate bitcoin price if you have a massive amount of money. Like in XRP there's a trader that is controlling its cost because he is selling an enormous volume of it, so the price can’t go up. But in total, we can’t manipulate bitcoin’s amount if we are just trading a little amount of it.
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reymartH
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January 06, 2018, 02:27:46 PM |
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Everything can be manipulated so the bitcoin market will be no exception to that. It is not easy but just notice how the bitcoin price can go up and down when news is released. Investors, companies or whoever can publish fake news to influence the bitcoin market. Good news will increase the price of the bitcoin and negative news (like a country banning or taking measures against bitcoins) will result in a price drop
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arrmia11
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January 06, 2018, 02:39:00 PM |
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There is a smal possibility that you can manipulate the price of bitcoin. That is if you have the large amount of bitcoin in your hand that you wanted to use that on your own benefit.
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Zooplus
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January 06, 2018, 11:53:22 PM |
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There is a smal possibility that you can manipulate the price of bitcoin. That is if you have the large amount of bitcoin in your hand that you wanted to use that on your own benefit.
Only whales can manipulate the price of bitcoin but as holders are increasing they also slowly loses their power and in the end it's just a battle of whales with the same intention but different strategy so one may lose and one may win but for use to ensure profit, we should know how to hold longer as that only our only chance to benefit on the success of bitcoin.
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ginshimura
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January 06, 2018, 11:57:39 PM |
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It's hard to manipulate it with a few amount of btc.
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fleda
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January 07, 2018, 12:05:10 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
No we cannot manipulate bitcoin price. We, the users or traders are the reason why bitcoin price is changing. If they a lot of people are selling their bitcoins the price of bitcoin is decreasing and when a lot of people are buying a bitcoin that's the time the price is increasing because bitcoin needs to balance the supply and demand.
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anonbit992
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January 07, 2018, 12:12:55 AM |
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That depends. You can only manipulate the price of bitcoin if you are a whale. Otherwise, it is going to be very, very hard to make a major impact on the price of bitcoin.
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goldcoinminer
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January 07, 2018, 07:42:31 AM |
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That depends. You can only manipulate the price of bitcoin if you are a whale. Otherwise, it is going to be very, very hard to make a major impact on the price of bitcoin.
Me, I am far from becoming a whale because I am still a beginner in terms of the amount risk in trading. But I can actually benefit by the actions of the whales because they usually make the price pump and dump so I need to monitor the price and investigate on knowing the reason behind so I can make the right action.
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lincolnmad
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January 07, 2018, 07:50:42 AM |
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Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
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