The Manipulation is real

[jondeen707]

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.

I agree that no individual is capable of moving the price significantly unless we are talking about someone with deep pockets and a stake in it. Any hypothetical investment fund entering the market can propel the price within days as the actual liquidity is quite low.

[xvacator]

i don't think that person will do this unless that person will gain something good with the manipulation he made, beside that, he only see that the price is playing for up and down very often.

[thejaytiesto]

Manipulation will keep happening as long as the market is small enough that wealthy whales can cooperate and attack it with big swings. Coordinated attacks on exchanges, bribing.. anything is possible with enough money. If someone wants to attack bitcoin, all he needs is unlimited money to pay all the big exchanges an huge amount of money in order to claim they got "hacked" to crash the price.

When bitcoin is way bigger, those shady tactics will barely have any effect as the marketcap will be too big and the impact will be quickly absorbed.

[dhampir-D]

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 !

It's possible that it is manipulation, this happens in almost every market. In my opinion, the price may drop a bit more. However, after this phase of dumps, we may see Bitcoin recovering even stronger.

[J Gambler]

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 !

There's no manipulation happening in bitcoin don't judge too quick because this is a normal in bitcoin when the price of bitcoin in decreasing and increasing ofcourse we have investors and traders that's why the bitcoin price is not that stable and It's look like manipulating by someone or country.

[PokerFace3]

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 !

There's no manipulation happening in bitcoin don't judge too quick because this is a normal in bitcoin when the price of bitcoin in decreasing and increasing ofcourse we have investors and traders that's why the bitcoin price is not that stable and It's look like manipulating by someone or country.

I too see right now no pump or dump is happening to worry about. Still, due to recent crisis Indian markets are heavily bumped but failed to be followed in international markets (maybe Indian markets are isolated due to their regulations). Almost every bitcoin exchange is trading so stable, it is a good witness of manipulation-free days.

[socks435]

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 !

There's no manipulation happening in bitcoin don't judge too quick because this is a normal in bitcoin when the price of bitcoin in decreasing and increasing ofcourse we have investors and traders that's why the bitcoin price is not that stable and It's look like manipulating by someone or country.

I too see right now no pump or dump is happening to worry about. Still, due to recent crisis Indian markets are heavily bumped but failed to be followed in international markets (maybe Indian markets are isolated due to their regulations). Almost every bitcoin exchange is trading so stable, it is a good witness of manipulation-free days.

Well if the crisis in india will than the price maybe will be back again in the price when india crisis is started.. i think 749 usd it will back soon or this following month we will see more price increase or pump.. we are lucky that the price still in good price unlike last year that the price before end of november we are experience of dumping.. and panic sell.

[Hugroll]

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 !

I don't see that as a manipulation in the currency. Its small price volatility, happens almost everyday with bitcoin.

I would say whales are manipulating the currency when you see the price change by around 100-150 in a day.

[CyberKuro]

Of course the manipulation is real. I'm just surprised at how late you realized it. I guess it's better late than never. I'm laughing at those who still claim it's all supply and demand, market volatility, blah blah blah, such stupidity abounds here on this stupid forum.

Supply and demand did always affected bitcoin price, I thought 'the manipulation' they discuss here about some big players (millionaire/company/exchanges) all these connected to rise and fall of bitcoin price. What kind of manipulation that you realized since the beginning except those I mentioned, if you don't mind to share.

[TastyChillySauce00]

Of course the manipulation is real. I'm just surprised at how late you realized it. I guess it's better late than never. I'm laughing at those who still claim it's all supply and demand, market volatility, blah blah blah, such stupidity abounds here on this stupid forum.

Supply and demand did always affected bitcoin price, I thought 'the manipulation' they discuss here about some big players (millionaire/company/exchanges) all these connected to rise and fall of bitcoin price. What kind of manipulation that you realized since the beginning except those I mentioned, if you don't mind to share.

not an actual manipulation we're talking about I guess. It's just bunch of whales trying to get the advantage of the current condition by dumping or pumping and it's such a usual thing. An individual who has about a billion dollar worth of bitcoin could affect bitcoin directly with and give such a big effect compared to demands which were made by hundreds of people but only have low amount of money

[Jasad]

Of course the manipulation is real. I'm just surprised at how late you realized it. I guess it's better late than never. I'm laughing at those who still claim it's all supply and demand, market volatility, blah blah blah, such stupidity abounds here on this stupid forum.

Supply and demand did always affected bitcoin price, I thought 'the manipulation' they discuss here about some big players (millionaire/company/exchanges) all these connected to rise and fall of bitcoin price. What kind of manipulation that you realized since the beginning except those I mentioned, if you don't mind to share.

not an actual manipulation we're talking about I guess. It's just bunch of whales trying to get the advantage of the current condition by dumping or pumping and it's such a usual thing. An individual who has about a billion dollar worth of bitcoin could affect bitcoin directly with and give such a big effect compared to demands which were made by hundreds of people but only have low amount of money

yes it is a normal thing happened in trading world nothing strage here ,
and sometimes the dumpers or pumpers get lost too in this what you call 'manipulation' phase ,
as the market can go wild anytime ,
bitcoin market will never ever can be manipulated .

[TheGodFather]

well its a normal phases usually in trading world because you know price in market is not stable just like the price of bitcoins. so Yes Manipulation is real. this is useful for those rich that commonly part of the system. if im on the same position i could usually take advantage of it. and one more thing everyday we're having a new investors in bitcoin that's why the graph of bitcoin is not stable

[Kotone]

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 india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.

[2double0]

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 india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.

The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently. They have nothing to do with the price that we see on preev, or even $1000 speculation. That's the beauty of bitcoins that it can be sold for separate rates at different places.

[JimboToronto]

The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently.

Not all people who choose to avoid banks are criminals and not all anonymous money is black. Probably the majority of the Indians' money flooding into Bitcoin recently was hard-earned.

Only in certain cultures are banks considered to be the "normal" place to store wealth. Indians have always favored physical gold for example as a way to store wealth long-term.

Not everyone lives (or wants to live) in the kind of oppressive regime where the government spies its citizens and monitors their individual holdings.

[~Bitcoin~]

In india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.

Actually in india people can't just use their cash to deposit in exchanger based on other countries due to strong foreign currency regulation they have. So as there are not much bitcoin within india but demand is very high which is ultimately making bitcoin price to surge within their local bitcoin trading platform.

I think this can be taken as huge artificial price rise by some bitcoin whales based on india as they can easily limit the total supply of bitcoin within india. In other words bitcoin holders are taking this opportunity to grab more profit on their bitcoins.

[kwukduck]

D-oh of course it's manipulation it's all there is left of bitcoin.

When you have a product that is flawed and doesn't work... isn't secure, is slow, doesn't scale, isn't being developed, is owned 95% by less than 10 people, is technically controlled by those same people... and is still hyped and "worth" hundreds of dollars, you have to be some very special kind of ignorant wacko to think that's legit and not manipulated.

[Shinpako09]

I was actually thinking of that since I saw the price changes. The swing is more or less than $40. And it always happen when the price hit more or less than $750 and goes down again by $30-40 and goes up again.n Large swing for me and it happen often.

[Ayers]

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 india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.

The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently. They have nothing to do with the price that we see on preev, or even $1000 speculation. That's the beauty of bitcoins that it can be sold for separate rates at different places.

if someone has still the old fiat of india RS 500 and 1000 note, after the ban he can still use it for a short amount of time, they are still worth something, they are not banned immediately, so it make sense for those people to buy at higher price

[serjent05]

I was actually thinking of that since I saw the price changes. The swing is more or less than $40. And it always happen when the price hit more or less than $750 and goes down again by $30-40 and goes up again.n Large swing for me and it happen often.

When a market is small the one with more coins can manipulate the price, that's what happen to bitcoin way back 2013, and now that the market is huge, this one manipulator now form a group to make impact in the market and keep on manipulating the price.  Rather than being sour about it, just ride the wave, you will profit from it for sure.