Altcoins price can be manipulate?

[NoiseBoy]

They can be manipulated just like any market. JP Morgan made his bones cornering the silver market once upon a time, altcoins are just the latest and greatest variant on one of the oldest games in finance.

[Omega Weapon]

They can be manipulated just like any market. JP Morgan made his bones cornering the silver market once upon a time, altcoins are just the latest and greatest variant on one of the oldest games in finance.

JP Morgan was a financial genius he tried to corner almost any market in which he was in, he was successful in the railroads but failed miserably when he tried to do the same in the sea and the sinking of the RMS Titanic proved to be fatal to his business at the sea.

[CryptoMensch]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

[ratatatat]

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.

How are these returns not interesting?
It might be a little late to join the party but in general there's nothing wrong with cashing in on a pump.

Forex works the same way just with smaller swings and the manipulator is the central bank not a random dude with some btc holdings somewhere but that actually doesn't make a difference in the end of the day.
Stockmarkets are pumps and dumps too; just on a multi-decade window instead of fast window like in alts.
I think it's rather intersting for its humongous volatility.

There isn't a single market in the whole world that's not pump and dump to some degree. They all are. Big holders always want to drive up the price; that's just human nature.


Your ordinary trading can affect the market too so depending on your definition of manipulation your ordinary trading could be called manipulation too. Let's say you own 1000$ of a very small coin and you sell in one go. Price drops for 10% because of your selling. Have you manipulated the price now?

If you want to make money on pumps you need to enter early and exit in profit. Don't join late!
 
Morality has no place in trading, at least not directly in the action. Markets are battlefields, once you join the battle you can't think about morality. Just avoid unethical coins, there is a lot of them. But trading a pump on a ethically good coin i see nothing wrong with that. Just don't support scams, support the good coins instead.
Price goes up a lot and comes down a lot; that's normal. Get used to it and avoid holding the bag when it comes down.

That being said; altcoins still react to news of course. Not always but in some situations they do. Good and bad news can still affect the market.

Actually rigging a market can not be done 100% all the time unless the whale owns 99% of the coins. Manipulation of a market can cost a whale big money too; it's not without risk for them.

[erick94]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

If the bitcoin price is manipulated it is clearly an offense, because the price does not match the market price

[taxmanmt5]

I think people should be left alone to buy or sell anything that they like and not influenced by others.. too many trolls here, spoiling the market.. Don't feel like even looking at certain coins, all because of the trolls ..very sad.

[gribble]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

Yea, especially the new altcoins and small volume transaction daily, but for the old altcoins that has large of marketcap
will be difficult for be manipulated by bagholder,
the altcoins that can be manipulated are dangerous for investments into there, it can be scam altcoins will be good for choose
the altcoins that has large capitalization marketcap.

[Omegasun]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

Yea, especially the new altcoins and small volume transaction daily,

Small volume transaction daily or even the small market cap are the only basis in able to manipulate the price. As long as the coin has a lot supporter then it was very hard to manipulate it unless you hold 50% of the total supply during the ICO then you can able to manipulate it but if you just acquired a piece of it then dump it, There is no chance to manipulate the price since there a lot of traders watching for the price behavior of all coins.

[nemgun]

Have anyone aleready assisted to the listing of a new coin in an exchange ?
Haven't you noticed the first orders ? They are really huge and probably fake. This is the first manipulation made by the exchanges, why don't they simply release the new pair and let the users sell and buy at the price they want ?

Then you have the other manipulations, and it doesn't requires any kind of DDOS to be done, simple database manipulation is enough to pump or dump a coin.

[kryptqnick]

I think we have to make some distinctions here. First, any coin price can be manipulated on some specific trading website. For example, ethereum went etremely down on Kraken a couple of days ago, whereas the price on coinmarketcap was $90+. Let's call it a local manipulation and leave it aside, for I think what the OP was asking about is a global manipulation. The latter means that the price really changes on coinmarketcap, poloniex and other trustworthy websites. These manipulations can be performed basically by anyone having nice sum of money if the coin's marketcap is really small (so, one can just buy the hell lot of coins or vice versa thus creating an illusion that the demand is really growing or going down). Another thing is that some alts are sort of backed up by big companies. For example, bts. I think eth can also be manipulated a bit. So, this is how it gets done.
But as the coin becomes more popular and marketcap grows, it becomes nearly impossible to control the price even if it was possible before.
So, bitcoin IMO is nowadays not under anyone's specific control whereas we can never be sure of same things about altcoins.

[JapieAmerika]

Are some exchanges more prone to being manipulated than others? As a newbie I have burned my fingers on Yobit and I would not like to repeat the experience.

[chineseprancing]

I strongly disagree that Altcoins price can be manipulate, because fluctuation of coins in the market were depend to the increasing and decreasing of other Altcoins.

[thepo1m]

I strongly disagree that Altcoins price can be manipulate, because fluctuation of coins in the market were depend to the increasing and decreasing of other Altcoins.

The number one manipulator of Altcoins price are exchanges, not long time ago you remember when CHinese exchanges were manipulating Bitcoin prices, so if they can do that successfully with Bitcoin with huge liquidity, it takes nothing to move the price of thin market like Altcoins

[Ayers]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

Yea, especially the new altcoins and small volume transaction daily, but for the old altcoins that has large of marketcap
will be difficult for be manipulated by bagholder,
the altcoins that can be manipulated are dangerous for investments into there, it can be scam altcoins will be good for choose
the altcoins that has large capitalization marketcap.

new altcoin aren't manipulated thye have no value, and they are simply pumped, because investors at the beginning need to see where there is the bottom with miners dumping, so they let the dump happen and then try to put a wall, it's different than a coin which is truly manipulated

[Omega Weapon]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

Yea, especially the new altcoins and small volume transaction daily, but for the old altcoins that has large of marketcap
will be difficult for be manipulated by bagholder,
the altcoins that can be manipulated are dangerous for investments into there, it can be scam altcoins will be good for choose
the altcoins that has large capitalization marketcap.

new altcoin aren't manipulated thye have no value, and they are simply pumped, because investors at the beginning need to see where there is the bottom with miners dumping, so they let the dump happena nd then try to put a wall, it's different than a coin which is truly manipulated

But that is exactly what manipulation means if the price does not move organically and instead the price moves because of the tactics of whoever that tries to get some advantage out of it then it means the coins is being manipulated.

[emezh10]

Yes they can the one who hold a lot of volume of a certain coin can manipulate the price of the coin by putting or offering a small amount with a high price to make them see that the price is already go up in the sell orders and the buy orders will also go up.

[Serena Yin]

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 it depends on its market scale and the distribution system.

[Ayers]

Yes, alt coins can be manipulated, specially if their daily volume is small. That is why you see sometimes a coin jumping 100%-500% in a day.

Yea, especially the new altcoins and small volume transaction daily, but for the old altcoins that has large of marketcap
will be difficult for be manipulated by bagholder,
the altcoins that can be manipulated are dangerous for investments into there, it can be scam altcoins will be good for choose
the altcoins that has large capitalization marketcap.

new altcoin aren't manipulated thye have no value, and they are simply pumped, because investors at the beginning need to see where there is the bottom with miners dumping, so they let the dump happena nd then try to put a wall, it's different than a coin which is truly manipulated

But that is exactly what manipulation meas if the price does not move organically and instead the price moves because of the tactics of whoever that tries to get some advantage out of it then it means the coins is being manipulated.

hoe can it be manipulated if investors don't know the real value? i don't think you can view both thing in the same category, look different to me, real manipulation appear when you see big wall on both side, which emean that someone want you to dump in that range, but i never see this with a new coins, i just see miners dumping to have quick profit, and investors buying blindly

[Eternad]

Altcoin can be manipulated since the supply are limited and the majority of Altcoins are launching crowdfunding in able for them to operate the project so it means it requires investors for funds. And most of the Major investors holds a volume of coin that sufficient to manipulate price.

[omonuyak]

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.

They can be manipulated for sure and you can see this happening every now and again, if you get in and out at the right time you can benefit but for a lot of people when they see a coin rising they may be fooled into investing and this is not good.

Manipulation exists even in fiat and forex trading talk more of a human system that has just been created of recent. If we are to talk about Ann thread, Ann thread was created to get a lot of follower in other to pumb coin prices. If you really want to make it big now then the best thing to do is to find out when pump is about to happen in a particular altcoin and buy early.