The Manipulation is real

[zero1ten]

Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.

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[Kakmakr]

I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

Do not look at the short term volatility and panic, because it's loaded with mini pump and dumps. The long term is a much better indication of what is happening, because it gradually grows stronger over time. Just a year or more ago, it was averaging out at +/- $400 and now it is in between $600 to $700.

The day traders are making a ton of money, playing off these mini Pump n dumps, but it is not for the weak at heart. 

[jerowacik]

Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.

very difficult to predict all of this. because bitcoin is designed for highly mobile and very difficult to predict. there must be consequences for getting better results.

[zero1ten]

Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.

very difficult to predict all of this. because bitcoin is designed for highly mobile and very difficult to predict. there must be consequences for getting better results.

Yes indeed that's why most big traders tend to manipulate the prices all by themselves. And that affects the small time traders tremendously which ironically comprises more than half of all bitcoin traders

[1Referee]

It's a group effort by very wealthy traders across different exchanges to shake off weak hands. It happens quite regularly, which lends itself perfectly for people taking benefit of these price swings. If you do it well, and you have a trading balance of at least 20-30BTC for regular buying and dumping purposes, then you could have made yourself an easy $300-$350 in a matter of a few hours. Manipulation is always real. Without this manipulation causing volatility, traders wouldn't bother to jump into Bitcoin trading as much as is the case right now.

[iqlimasyadiqa]

bitcoin price movements in my opinion is full of manipulation. sometimes a lot of great players who could control. I was quite worried when not everyone has access to bitcoin.

[jtipt]

Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise   or is that too paranoid sh*t lol  

[Red-Apple]

I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

bitcoin is still small so it becomes a lot easier to manipulate the price even with a small news or a very small nudge on the price to go down or up but i wouldn't worry or call it manipulation in a topic just because of a $30 or so change! this is regular for me when it comes to bitcoin

[FxR]

Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise   or is that too paranoid sh*t lol  

I'd love me some good theories. But honestly, I think a lot of people just decided to sell it all at once, because it fluctuated around $750 so much (going slightly down, slightly up). That caused the price to drop pretty quickly.

Now that the prices were lower again ($714 I believe), people bought it again and so the cycle continues.
Hopefully we'll reach $1000 again in January 2017.

[harizen]

Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise   or is that too paranoid sh*t lol  

Might be influence caused by an attempt of manipulation. Yes basically riding the current trend to prevent being a "missed one". If does, then the manipulation is succesfully executed.

When there is a big price movement whether to increase or decrease, let's say minimum of $10-$15 margin movement "in just a matter of short time", it can cause a big impact. After such rapid increase, expect a some price dips and with that amount stated it can caused a tremendous price decrease while on the other hand, that amount can also triggered price increase. With people riding the waves, they are helping the trend started by those people involved in starting that trend.

Just my own view as I don't see any major news to considered as great factor why the price today behaves like that.

[Kotone]

I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

The price of bitcoin was really amaze me and i can't even know that it will hit on that point but the priice of bitcoin will be back just wait this is just a part of bitcoin decreasing the price and it will be increase soon that's why there are traders to control it and to buy more bitcoins even they manipulate it to make money too.

[hawkins]

Well, I guess manipulate the price really can do. it could probably be done by major companies that have very many bitcoin, but I am pretty sure the current price rise is not subject to manipulation, since this is proof that bitcoin has become popular, so the current price rise is not due to manipulation

[bbc.reporter]

I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

Do not be so paranoid. While I agree that bitcoin is always being manipulated, I suggest not to think to deep about it. There is no conspiracy against bitcoin. It is simply some rich whales selling and getting out of the market.

[bamboylee]

I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

Do not be so paranoid. While I agree that bitcoin is always being manipulated, I suggest not to think to deep about it. There is no conspiracy against bitcoin. It is simply some rich whales selling and getting out of the market.

Right. Bitcoin is so diverse that it is already hard for whales to control or manipulate the market. Though if they altogether dump their bitcoins, it will have a significant effect on the price of bitcoin.

[MONKEYJUNK]

What about people in India buying bitcoins for 16% more than the global price?

I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...

I really don't if there's just "one"(few) people behind it.

[cakravothy]

bitcoin price movements in my opinion is full of manipulation. sometimes a lot of great players who could control. I was quite worried when not everyone has access to bitcoin.

not only one people can manipulation bitcoin price
if you want manipulation you must have big capital money, only cooperation company
or team work much people can manipulation bitcoin price

[serjent05]

What about people in India buying bitcoins for 16% more than the global price?

I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...

I really don't if there's just "one"(few) people behind it.

In every action there is an equivalent reaction.  As for the bitcoin price, whenever there is some event and being capitalized by the whales, sheeples will follow and there goes the domino effect.  All it need is a good reason to make the  initial action valid and then people will believe it and act according to the plan of manipulators.

[bamboylee]

bitcoin price movements in my opinion is full of manipulation. sometimes a lot of great players who could control. I was quite worried when not everyone has access to bitcoin.

not only one people can manipulation bitcoin price
if you want manipulation you must have big capital money, only cooperation company
or team work much people can manipulation bitcoin price

right. bitcoin cannot be controlled or manipulated by a single person anymore. It will take a large group of people with a large amount of bitcoin to make the market move a bit.

[NeuroticFish]

There are people that make a living of this. And unlike the stock markets for example, Bitcoin markets are not regulated and this means they can try any dirty tricks they want.
Even the FUD spread on this very forum from time to time is there to allow them speculate easier on the price.
Whatever news are around, they are pumped to the max to allow a later dump. (So this time it may have been slightly related to India news, but that was just a timely pretext).
Yes, the manipulation is real. I find it interesting that some still have to "discover" this, but the existence of this thread could be useful for some.

[BitHodler]

What about people in India buying bitcoins for 16% more than the global price?

I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...

I really don't if there's just "one"(few) people behind it.

The market in Inda is too insignificant to make an impact on the Western and Chinese exchanges, where you also see that barely anyone takes their market serious.

People are indeed like sheeps as they prefer to do things in group form. If you look at how many people are asking for advice in troll boxes you'll be surprised that they actually take that information for granted.

You at all times should avoid listening to what others are saying. Even not when it's a group advicing you. Quite often they try to mislead you for their own benefit.

Do your own research before you start buying. If you make a mistake, then it's because of you having made a wrong investment, and not because others are pushing you towards losses intentionally. Because these people are really there.