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Author Topic: Bitcoin rising to 600$ , pure manipulation ?  (Read 7701 times)
ultrloa
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September 28, 2016, 11:09:13 AM
 #141

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

It was a big manipulation but I think that this price will stand strong and that it will go up from now on to be honest.
Of course we cannot predict this but there is a big chance it will.

any price rise an price fall has some amount of manipulation in it without an exception. but the amount of manipulation is no longer "big" as you may thing because the time has changed a lot since the time of MtGox and big manipulations.

also as a proof you can see that price is still staying where it should which shows little amount of manipulations as manipulations tends to break down eventually and price would have fell already!

I don't think so, and this is just little price up or shall we say rally and i think also this is just a normal happening on bitcoin since the progress is slow and turn stable, but if we see the price kick quickly up i think those scenario we can really think that price is manipulated, but at this moment i believe this one is just normal bitcoins characteristics movement, and i am not surprise for these happening.



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September 29, 2016, 12:03:37 PM
 #142

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.
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September 29, 2016, 12:23:39 PM
 #143

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.

how can you say it was manipulation?

if it were manipulation it could never last long. as we have seen in past with bitcoin price when it was manipulated to $1200 and also as we see everyday in altcoin markets the manipulated price never lasts long because the manipulators cash out.

but a real rise lasts because there is demand that has helped the rise.














 

 

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iqlimasyadiqa
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September 29, 2016, 01:24:39 PM
 #144

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.
yes, I agree with you. it is still possible for the price to rise even higher. I hope that the price of bitcoin is not manipulated. some people say bitcoin prices according to market demand.

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October 01, 2016, 05:40:26 PM
 #145

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.

how can you say it was manipulation?

if it were manipulation it could never last long. as we have seen in past with bitcoin price when it was manipulated to $1200 and also as we see everyday in altcoin markets the manipulated price never lasts long because the manipulators cash out.

but a real rise lasts because there is demand that has helped the rise.

I agree on this, if you study the trades, if this thing is a manipulation, after some day bitcoin price will start to decline but instead, it push the price higher then some mild fluctuation and stay in that for several days.  I think this i s the correct or  actual value of bitcoin at this stage.  Correction does it and now  it is ready for another increase in price.

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October 01, 2016, 09:06:56 PM
 #146

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.

how can you say it was manipulation?

if it were manipulation it could never last long. as we have seen in past with bitcoin price when it was manipulated to $1200 and also as we see everyday in altcoin markets the manipulated price never lasts long because the manipulators cash out.

but a real rise lasts because there is demand that has helped the rise.
i agree with your opinion on a coin that can not last long if it has been manipulated but to the issue the price of bitcoin up to $ 1,200 it all happened not because of manipulation but people at that time thought that the pump will continue.

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October 02, 2016, 03:56:40 PM
 #147

The price rise since november last years was one big manipulation game. This is as clear as can be. Question is when will they stop. Is the current price enough and will they endure a downwars trend to 500 dollar or are they planning a new boost this year?

Yes it was a manipulation, but the price will not get manipulated anymore, I think that the price is gonna go to a higher amount than the actual 600 dollar right now.

how can you say it was manipulation?

if it were manipulation it could never last long. as we have seen in past with bitcoin price when it was manipulated to $1200 and also as we see everyday in altcoin markets the manipulated price never lasts long because the manipulators cash out.

but a real rise lasts because there is demand that has helped the rise.
i agree with your opinion on a coin that can not last long if it has been manipulated but to the issue the price of bitcoin up to $ 1,200 it all happened not because of manipulation but people at that time thought that the pump will continue.


If people though it would go higher, it was because of manipulation.
These things are like self-fulfilling prophecies.
The price gets manipulated and then innocent people get sucked in.

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October 02, 2016, 06:33:54 PM
 #148

Actually everything in the bitcoin price is based on mere speculation, and speculation is an elegant way to talk about manipulation. Because of the relativity of its alleged intrinsic value, it is really difficult to define what should be the real value of bitcoin.

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October 03, 2016, 01:52:05 AM
 #149

I think it's not manipulation. Because, if the price of bitcoin at $600 is pure manipulation, the price will decrease soon. But it's not decrease and the price of bitcoin become stable at $600 price.
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October 03, 2016, 07:31:14 AM
 #150

I dont think it was just manipulation because allot of people known tat the price of the bitcoin was 600 dollar and for now still 600 dollar so dont think it is juse manipulatin becuase it is not.
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October 03, 2016, 08:33:20 AM
 #151

I dont think it was just manipulation because allot of people known tat the price of the bitcoin was 600 dollar and for now still 600 dollar so dont think it is juse manipulatin becuase it is not.
The Bitcoin needs to rise again if you ask me and it needs to rise higher because I want to make some money again and I am losing my patient.
I hope that the price can still rise again in 2016.
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October 03, 2016, 04:14:17 PM
 #152

I think it's not manipulation. Because, if the price of bitcoin at $600 is pure manipulation, the price will decrease soon. But it's not decrease and the price of bitcoin become stable at $600 price.

I also do not think it was manipulation but the strange thing was there was not happening a lot in that time period.
I really doubt about it, it could be a manipulation but I do not think it is.
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October 03, 2016, 09:37:13 PM
 #153

but to me it is the origionla price of bitcoin and nothing else. i think it is not so easy to manipulate the price of bitcoin as bitcoin is a universal currency and is so difficult to manipulate the price of bitcoin so easily, i think the price of bitcoin should be more high than the present price may be trading above 1000 USD in next few days.
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October 04, 2016, 07:40:10 AM
 #154

I believe bitcoin rising up to this point hasn't been any manipulation. To manipulate the bitcoin prices you need a lot of money.
Maybe if you would be a multi millionaire you could change the prices around but not just for any regular people like us.
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October 05, 2016, 07:38:19 AM
 #155

If this is not pure manipulation then I don't know what it is , how do you guys explain decreasing back to 599$ in a few hours ?
I'm sure It has nothing to do with Bitfinex as that exchange is pretty much dead for what comes to the trading volume (compared to the old trading volume they had), everyone switched to Poloniex => https://coinmarketcap.com/exchanges/volume/24-hour/
Yes it seem pure manipulation from whales to dump their own coins to create panic in market so that they can grab even more bitcoin in cheaper price than they have sold. But when they will collect enough coins price may get pumped again even higher than $620.

I don't think this is what happened and if it did then they failed cause bitcoin didn't really get any lower than it's point before the "dump".
Right now prices are quite stable for almost a month already with minor 3% up and down changes which balances out eventually.
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October 05, 2016, 07:42:33 AM
 #156

I think it is a normal thing and I was not as manipulated. This is a pure price increase. however, would be different if bitcoin prices suddenly rose to $ 1,000 in a short time, because most likely it is manipulated. but if bitcoin prices climbed above $ 600, I think it is normal due to the increased use of bitcoin

The price that has gone above the $600 level has nothing to do with increased usage. It's part of the recovery after everything that happened with Bitfinex. Slowly the price will move forward to the price levels it was sitting on before Bitfinex got hacked. From there we will see whether or not the price will continue to go up.

the rise has started because of the increased using of bitcoin, there was a demand so the price could rise up in the first place. so that same demand is now still here and helping the rise back to the previous levels.

That demand seems quite gone now because prices have been hovering the same amount for the last month now.
I hope demand will go up soon again and people will start buying so we can have a increased value per coin I invested alot.
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October 05, 2016, 08:12:44 AM
 #157

Bitcoin rising to 600 dollar i dont think that is right becuase the bitcoin already is around the 600 dollar for a view weeks and that wont change and that is such a sad thing.
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October 05, 2016, 08:24:23 AM
 #158

Rising to 600$ might be manipulation from a big pump or it could just be coincidence we couldn't really know for sure.
But I think that if it was a temporary pump then we would have seen the prices go down a lot more already which didn't happen though.
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October 05, 2016, 09:57:56 AM
 #159

12 hours ago (before I go to sleep) , the price was something like 575$ If I remember right , I woke up and found it 600$ (using preev.com rates) .
What could cause this price increase ? I checked some news websites and I couldn't find any obvious reasons , the only thing I read and I found interesting is Bitfinex paying their customers back from the HACK but I'm pretty sure It has nothing to do with the increase.

It could be an exchange bidding the price up or some whale buying a fortune of bitcoins. We can only see a small part of the bigger picture of what is going on in the Bitcoin world, and you may never learn the true causes of some events, be they deliberately hidden or just not making it into the news. I, for one, wouldn't even try to logically explain every price move, it doesn't seem to be worth it.

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October 05, 2016, 10:04:40 AM
 #160

I believe bitcoin rising up to this point hasn't been any manipulation. To manipulate the bitcoin prices you need a lot of money.
Maybe if you would be a multi millionaire you could change the prices around but not just for any regular people like us.

Market manipulation doesn't always require money. There are other options too.
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