bustedsynx
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April 26, 2017, 09:32:34 PM |
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Every market can be manipulated. Banks manipulated the forex markets and got caught. Bitcoin whales manipulate the market. There's no exception. The key here is to know when it's manipulated.
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LegendaryMiner
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DAG, Built-in Chat and Conditional Payments
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April 26, 2017, 09:36:45 PM |
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If even the Bitcoin price can be manipulated, I see no reason why it would not occur with alts, which has less liquidity and worse distribution.
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XbladeX
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April 26, 2017, 09:52:32 PM |
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Here is question HOW much they are manipulated : ) because all they are. Now even worst shitcoin get a lot of $$$ in whales buys hire devs release feature and DUUUMP on idiots. Then whales with developers are moving to new better project. SDC / GAME / NXT everywhere the same "we want create better system this time, tht was impossible with old one"
In reality only impossible thing was getting fresh 10m $ of ICO funding for same results HAHA
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Request / 26th September / 2022 APP-06-22-4587
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dslow
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April 26, 2017, 10:35:45 PM |
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Low cap coins are easier to manipulate. Development teams are also sometimes involved as well.
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aioc
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April 26, 2017, 11:49:54 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.
If the coins are premine or some whales invested on ico or miners mined a lot of those coins,they can easily manipulate the price so they can pump and dump coins they are holding,so it's good for a coin if there are a lot of people holding instead of only a few ones.
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jubalix
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April 26, 2017, 11:56:40 PM |
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There's no such thing as manipulation, just market price people can and are willing to pay, buy and sell at, [unless an exchange is faking its data]
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ipanks
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April 27, 2017, 12:01:28 AM |
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i am sure that altcoin can be manipulate as we can see in the market that suddenly the price of one coins is jump too high and its stable for a while and then the price is suddenly back into the normal price. there are people that can do it with big of fund so they can make the price is increase in a second.
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xuan87
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April 27, 2017, 12:11:14 AM |
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the answer is yes, crypto currencies and forex has a different factor to determine the price, since crypto currencies is decentralized so the one that determine the price is the market and alt coin with a low transaction rate can be easily manipulated, that is why some people don't want to invest their coin in alt coin and this make investing in alt coin become more risky, coin with a high transaction rate will be harder to manipulate
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giveen
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April 27, 2017, 12:19:38 AM |
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Ever heard of something called dash who's price increased from 20$ to 100$ in just a week and right after 1-2 weeks the price fell back to 50$. Eth who's price was 10$ suddenly imcreased on one fine day to 44$. Ltc who rised for 3.62$ to 14$ in 2 weeks. The reason all this can happen is because altcoins have a short marketcap compared to bitcoin so manipulation is easier when compared to btc.
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sotoshihero
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April 27, 2017, 12:29:23 AM |
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Yes, altcoins can be manipulated but which altcoins? There are many altcoins flooding out there and many of them can be manipulated whether by investor who can control majority of the coins, also the devs can manipulate and the pump and dump group
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mace15
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April 27, 2017, 12:43:02 AM |
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This is what I think, altcoins price can be manipulated by the developer of the coin or the big stake holder of the coins. When I learn trading I observed the dump and pump of the coins I invest in and Im curious who are the groups behind of this worked. So, Ive learned there are dump/pump group which we will not know when if would be happen.
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dihari (OP)
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April 27, 2017, 12:45:25 AM Last edit: April 27, 2017, 01:50:03 AM by dihari |
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And the final questions about this is, do you agree at all with this pump and dump activities? Wether you are benefited or harmed? As I see from the members post, everyone said like everything is okay with this condition
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dslow
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April 27, 2017, 01:10:46 AM |
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Look up Darkcoin before it became Dash perfect example of Manipulation at its finest
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bustedsynx
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April 27, 2017, 07:01:48 PM |
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And the final questions about this is, do you agree at all with this pump and dump activities? Wether you are benefited or harmed? As I see from the members post, everyone said like everything is okay with this condition
Agree?! For the sake of the uninitiated, I don't. But it can't be helped, unless you take away free markets. Even with extreme oversight, manipulators will always find ways. Lesson for noobs, study markets, market dynamics, structures and all first before risking any serious capital. Knowledge is key.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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April 27, 2017, 07:36:15 PM |
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If even the Bitcoin price can be manipulated, I see no reason why it would not occur with alts, which has less liquidity and worse distribution.
My point exactly, if a popular product is in the hands of a person or only a group of people then they alone can think of a price for all the customers and sell it at the price which they want rather than the value of that product. Same is happening in case of altcoins too.
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whiteblue
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April 27, 2017, 07:40:36 PM |
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yes , i think ,, i think price can be manipulate with two reason ,, one , from devepoler self . and two from people or grup have a lot of money with buy more coin ..
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Omega Weapon
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April 28, 2017, 01:45:44 AM |
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You don't need a bank's money for make a fake pump in the world of altcoins, especially altcoins with a low market cap this is the difference with Forex where institutional traders are the only ones who do this kind of movements.
You are correct, but someone trying to pull such a move must be careful of not trapping himself in the maneuver, if you buy a lot of an altcoin to make the price grow but everyone wants to get out you are going to be the one that holds the bag at the end.
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onemanatatime
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Aluna.Social
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April 28, 2017, 05:13:05 AM |
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Sure why not? If the hugest markets in the world like Forex and Stocks are manipulated, I don't see why altcoins can't and wouldn't already be. In fact, it would be so much easier to manipulate these small markets compared to the global markets or even something like BTC at $20b market cap.
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This time it's different.
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densuj
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April 28, 2017, 05:54:11 AM |
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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.
Yes the altcoins price can be manipulate especially the new altcoins on announcement section, because it is new coins and needs pump and dump to take investors (traders) but for the altcoins that has large capitalization of price, it will be difficult because of the developers of coins and bag holder must has large of money to di it, the old altcoins move the the price by good news or bad news too.
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Omega Weapon
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May 03, 2017, 02:12:37 AM |
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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.
Yes the altcoins price can be manipulate especially the new altcoins on announcement section, because it is new coins and needs pump and dump to take investors (traders) but for the altcoins that has large capitalization of price, it will be difficult because of the developers of coins and bag holder must has large of money to di it, the old altcoins move the the price by good news or bad news too. It depends what we mean by manipulation, since something like stocks also move with good and bad news, so it is not surprising that something like crypto currencies are affected by such news in fact is the most natural thing in the world.
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