just_Alice
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May 13, 2017, 05:52:17 PM |
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Is it true, Altcoins price can be manipulate? I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world. If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
I think the fact that altcoins can be manipulated makes them even more interesting, and it is very profitable for traders. You must be careful about pump traps, though, but if you have a lot of free time you can spend it monitoring the price every minute and sell all of your alts at a perfect time, increasing greatly your primary investment and you can never accomplish something like that with bitcoins.
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"You Asked For Change, We Gave You Coins" -- casascius
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chineseprancing
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May 13, 2017, 08:58:12 PM |
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I think no, because if the price of other altcoins were manipulated they had a tendency that the balance of all other altcoins were broken in the market. They had a possibility that some other altcoins were die due to not fair value of other altcoins.
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rhamzter
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May 13, 2017, 09:37:39 PM |
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I think no, because if the price of other altcoins were manipulated they had a tendency that the balance of all other altcoins were broken in the market. They had a possibility that some other altcoins were die due to not fair value of other altcoins.
Yes, I agree with you the balance of currency in the market was destroy if they can manipulate anyone of other altcoins. Also I think they can't manipulate it because of they want, maybe higher position like government can only do that.
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orhi02
Newbie
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May 13, 2017, 09:46:26 PM |
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Already being done
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JeffBrad12
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May 13, 2017, 11:21:59 PM |
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I think no, because if the price of other altcoins were manipulated they had a tendency that the balance of all other altcoins were broken in the market. They had a possibility that some other altcoins were die due to not fair value of other altcoins.
The price of altcoin is really possible to manipulated. Have you ever seen about a short pump to fool the newbies by the pump group? Looks it can be a real evidence, it's easy to manipulate the price of altcoin with fake hype and make more people get FOMO for its coin and try to buy more and more. Usually, the pumper already stayed on the top to dump the coin.
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Weatherby
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May 13, 2017, 11:57:57 PM |
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Since we see more investors coming into bitcoin it is not possible to manipulate the price of bitcoin like we used to see and so these pump groups have targeted alt coin and so is the reason we are seeing some big rallies in the alt coin sector and we could see more price manipulation in the future and make the most in these sort of markets.
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Russlenat
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May 15, 2017, 08:07:36 AM |
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for me it can be manipulated it is like stocks hoarding by some stocks holder or businessman they hoard the stocks so the demand is high and the price will go up because of the limited stock these is the time they release the stocks with the higher price.
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bearex
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May 15, 2017, 08:12:19 AM |
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Easily if you have enough money. If you have the 24 hour volume of a coin, you can just buy coins with all that money and the price will rise a lot! But you might not sell at that high price, because there will be no buyers, but it can definitely be manipulated.
If you wanted to crash a specific coin, you could SPEND money and buy as much coins as you can and then sell them at a very low rate, so it would fluctuate a lot. You would lose money, but you would manipulate the price.
The higher the market cap, the more you need to actually manipulate the price though. So for example, you won't easily manipulate Bitcoin. But you will easily manipulate a coin that is ranked 200+ on coinmarketcap, due to low volume.
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JosNekoKopa
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May 15, 2017, 08:22:24 AM |
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I can't decide if lack of regulations are good or bad for Crypto.. If you take an example few rich whales can do whatever they like, every kind of forbidden actions and they have full control. If you are lucky you can get small share for yourself. On the other way if government creates regulations they will open door for Wall St. takeover. What do we really want?
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iluvpie60
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May 15, 2017, 03:16:20 PM |
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Altcoins are manipulated all the time. Whales dump the coins and it causes panic and bots to sell. Pricr goes down by like 15percent and whales buy back in. Repeat 3 times a day. Thats what they do.
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nicolas1979
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May 15, 2017, 05:01:27 PM |
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Is it true, Altcoins price can be manipulate? I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world. If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
At this point a lot of altcoins have tiny marketcaps and someone holding most of the supply can easily manipulate small markets,especially on the smaller exchanges. Agree with you sir, really I am. Today I trade on local altcoin broker and I see same with your post. The price never same with market even sometimes very high or low gap. Easy way manipulate the market with supply and demand, just hold extra fund and play with the small trader. I try to cheat them with a small fund, sometimes win sometimes loss. I think that's a robotic alt to manipulate price but I never give up to cheat with them just for fun. This post makes me happy, thank you very much.
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btcforall777
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May 15, 2017, 10:09:44 PM |
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Altcoins are manipulated all the time. Whales dump the coins and it causes panic and bots to sell. Pricr goes down by like 15percent and whales buy back in. Repeat 3 times a day. Thats what they do.
Any body with a few thousand bucks can manipulate a coin price. Look at round the last few days.
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canvan
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May 15, 2017, 10:12:37 PM |
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Well bitcoin price can be manipulated too, its not just altcoins. The main difference is alts have lower volume so require less to manipulate plus a lot of eager idiots throwing money at anything in hopes to hitting the jackpot.
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DomainMagnate
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May 15, 2017, 10:22:56 PM |
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All Altcoins can be manipulated.The whole market is controlled by only few people and institutions.They can fall the price or rise it at will. I have been observing price of some Altcoins since last months and I have noticed some coins are increasing rapidly without any reason while others falling again without any reason and after some days this cycle changed and now falling coins are rising and vice versa.
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Nanda Dewi277
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May 16, 2017, 02:50:25 AM |
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All Altcoins can be manipulated.The whole market is controlled by only a few people and institutions.They can fall the price or rise it at will. I have been observing price of some Altcoins since last months and I have noticed some coins are increasing rapidly without any reason while others falling again without any reason and after some days this cycle changed and now falling coins are rising and vice versa.
Yes, I think there is someone who can manipulate altcoin prices, I think it is very detrimental to someone who does not understand well about trading.
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deadsilent
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May 16, 2017, 03:02:10 AM |
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I think it can be manipulate. Big whales can buy huge amount of specific altcoin and dump it when its done pumping. LTC is a good example. Most of LTC holders are chinese. They can easily pump and dump it whenever they want. I analyzes things first before jumping in. I dont jump on peak which is dangerous.
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azguard
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Crypto-News.net: News from Crypto World
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May 16, 2017, 11:47:07 AM |
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I think it can be manipulate. Big whales can buy huge amount of specific altcoin and dump it when its done pumping. LTC is a good example. Most of LTC holders are chinese. They can easily pump and dump it whenever they want. I analyzes things first before jumping in. I dont jump on peak which is dangerous.
You made good example cuz its true especially on litecoin. On some others there were also talks but nothing that can be said it 100% true like in LTC case. Most think if they follow volume they will make profit, that is true but is some cases you can sell them and then you are busted.
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micher143
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May 16, 2017, 12:53:19 PM |
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Is it true, Altcoins price can be manipulate? I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world. If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
thats is fact in this cryptocurrency world,, big player always play the game,, but in forex trading this is happend too,, so not only in crypto world that is the saddest part in this cryptocurrency world. A powerful one can control things that they want. Im just hoping that they will be fair on it.
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Ewox
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May 16, 2017, 01:22:09 PM |
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I'm not sure about the term "manipulated" but I'm sure whales are playing the pump and dump of altcoin trading.
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ekoice
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May 16, 2017, 02:02:38 PM |
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Is it true, Altcoins price can be manipulate? I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world. If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
See you should know that altcoins marketcap is small when compared to bitcoin.So big whales can easily manipulate altcoin market with their coins.But if you know when to enter and exit during pump and dump,then you can make huge profits.Thats why altcoin trading is not a children's game.It needs more skills to survive.
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