Nobody Can Have Benefit From a Big Pump

[Barbut]

What does any exchanges has to do with the users selling the coins when the price increases,if there are buyers then you could sell the coins,in the recent weeks the price of all the alt coins increased almost all of the major exchanges had a problem handling the traffic and most of them were under DDOS ,other than that the exchanges wont prevent us from selling our coins.

All people here are right about exchanges, no one can stop you from selling bitcoins, but let me ask you about demand for bitcoins on that price? Who is buying on that price? Maybe couple accidental cases, but majority of bitcoins are just sitting there and no one is buying when pump is obvious.
Probably just few people are making profit when price is rising, maybe exchanges have a deal with few people and just they sell in this moments if there is any demand.

[HaXX0R1337]

What does any exchanges has to do with the users selling the coins when the price increases,if there are buyers then you could sell the coins,in the recent weeks the price of all the alt coins increased almost all of the major exchanges had a problem handling the traffic and most of them were under DDOS ,other than that the exchanges wont prevent us from selling our coins.

All people here are right about exchanges, no one can stop you from selling bitcoins, but let me ask you about demand for bitcoins on that price? Who is buying on that price? Maybe couple accidental cases, but majority of bitcoins are just sitting there and no one is buying when pump is obvious.
Probably just few people are making profit when price is rising, maybe exchanges have a deal with few people and just they sell in this moments if there is any demand.

The reason behind the rally we saw for the past few months is because the Japanese market legalized bitcoin and we saw a number of huge investments and business coming out of Japan as well as other countries and more countries are starting to accept bitcoin and these are the core reasons for the increase in price and not because of exchange admins manipulating the price. 

[Sled]

What does any exchanges has to do with the users selling the coins when the price increases,if there are buyers then you could sell the coins,in the recent weeks the price of all the alt coins increased almost all of the major exchanges had a problem handling the traffic and most of them were under DDOS ,other than that the exchanges wont prevent us from selling our coins.

All people here are right about exchanges, no one can stop you from selling bitcoins, but let me ask you about demand for bitcoins on that price? Who is buying on that price? Maybe couple accidental cases, but majority of bitcoins are just sitting there and no one is buying when pump is obvious.
Probably just few people are making profit when price is rising, maybe exchanges have a deal with few people and just they sell in this moments if there is any demand.

The reason behind the rally we saw for the past few months is because the Japanese market legalized bitcoin and we saw a number of huge investments and business coming out of Japan as well as other countries and more countries are starting to accept bitcoin and these are the core reasons for the increase in price and not because of exchange admins manipulating the price. 

The admins of the exchanges doesn't have enough bitcoin for manipulation because their markets are all decentralized because they are using decentralized currencies so there is no chance for them to manipulate the price of the currencies there and the only thing that they can do is to maintain their site, Bitcoin price is always depending in the demand and not manipulation.

[mirakal]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

I do not agree with it, they have already speculated that and have made plans on how to treat if that event will come.
In our local exchange when the price of bitcoin reach to $2,000 they change the rate of selling and buying,  they increase the selling rate with 10% based on the standard selling price while the buying rate is really high and people are complaining because they have to pay a higher amount which is above the standard buying rate.

[yrreg ger]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

I don't think that this will happen. It not easy to raise the price of bitcoin in just one time, days or month will count to happen your idea.

Or if it will happen, I think it depends on the user on what kind of strategies they have to sell their bitcoin. They will turn to greediness because of unexpected price that they encounter. They all wants a big profit, even the investor have a plan to get more profits. So the exchanger have no care about this, they can get also a profit.

[coinplus]

because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

I do not think exchanges' working model is as per your thinking. exchanges are just matching buyers and sellers and hence they will not be in losses if they are allowing you to sell at higher prices. They will be still earning from the fee which is being paid for every buy/sell order execution.

If there is an exchange model where we are buying/selling only with the exchange house (not with another trader), then your point has valid reason. But exchanges are working as a market place where we can find buyers/sellers.

[legarde23]

That's a big no, let me give you a example bitcoins make a bigpump in this industry from small amount of dollars to 2500$?! as you can see if you buy bitcoin at that time and sell it in this present time you'll make big profits that's because of big pump of bitcoin that no one predict that the value of it will reach at this amount, we can have a profit and benefits in a bigpump yo

[PokerDiceMan]

only one people is very dificult can big pump bitcoin price
need much money can get profit to pump bitcoin price, must company or community can pump and get profit

[onrise]

only one people is very dificult can big pump bitcoin price
need much money can get profit to pump bitcoin price, must company or community can pump and get profit

Rightly said that only altcoin can be pumped by the majority stakeholders and btc is not at all possible when it has to be pumped by 1 man. Whole of China clubbed together can actually decide the where btc price needs to go where it will rise or fall since they hold the major portion of btc.

[deisik]

because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

I do not think exchanges' working model is as per your thinking. exchanges are just matching buyers and sellers and hence they will not be in losses if they are allowing you to sell at higher prices. They will be still earning from the fee which is being paid for every buy/sell order execution.

If there is an exchange model where we are buying/selling only with the exchange house (not with another trader), then your point has valid reason. But exchanges are working as a market place where we can find buyers/sellers.

In real life things are different from what you think

Exchanges don't only bring the buyer and the seller together, they often act as a buyer or seller themselves. They are there to earn profits, and if they encounter such an opportunity, they will certainly catch it. Since they see all the incoming orders of their clients before anyone else in the market, this gives them a certain competitive edge, and not to use this edge to make sure and easy profits would be economically unwise

[Winner]

only one people is very dificult can big pump bitcoin price
need much money can get profit to pump bitcoin price, must company or community can pump and get profit

Rightly said that only altcoin can be pumped by the majority stakeholders and btc is not at all possible when it has to be pumped by 1 man. Whole of China clubbed together can actually decide the where btc price needs to go where it will rise or fall since they hold the major portion of btc.

I am pretty sure that it would be possible for only a single person to pump Bitcoin and have it benefit a bunch of people that were holding Bitcoin before the pump began. For the people that invested money into Bitcoin while the pump was around the peak of it -those would be the people that lose a bunch of money because they've invested money too late.

That is why Bitcoin should be noticed as a collectors item rather than an investment.

[classicsucks]

The admins of the exchanges doesn't have enough bitcoin for manipulation because their markets are all decentralized because they are using decentralized currencies so there is no chance for them to manipulate the price of the currencies there and the only thing that they can do is to maintain their site, Bitcoin price is always depending in the demand and not manipulation.

Sorry, but that point of view seems naive to me. You are aware that the cryptocurrency space is almost complete unregulated?

Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated.

There are all sorts of "whale clubs" playing all kinds of games in the crypto space. These are Wall Street criminals, so they know every trick in the book.

[deisik]

You are aware that the cryptocurrency space is almost complete unregulated?

Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated

Have you ever traded yourself?

I mean at a currency or commodity exchange that would count as a regulated one? Obviously, you haven't since otherwise you would have known that this pattern of price behavior is omnipresent. It is the same with major currencies, commodities like oil as well as precious metals. The price may stay frozen literally for weeks and then crash or spike many percentages within a day or two (oil has been particularly notorious in this regard recently). I guess there should be a theory explaining this phenomenon (likely tied to market inertia), but it certainly has nothing with price manipulation as you mean it (i.e. something illegal which is possible only at cryproexchanges). Just in case, regulated exchanges are using the same tricks that unregulated ones employ, and they even get caught (sometimes). I'd rather say it is you who is really naive here

[South Park]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

A pump like it is not going to happen if an altcoin pumped form 1 dollar to 3 then the amount of money needed to make that pump is small, if bitcoin pumped from 1000 to 3000 although in terms of percentage it is the same pump, the amount of money needed for bitcoin to make that pump is incredible, so while what you are saying may be true such a pump is not going to happen in just a few hours.

[Superways]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

The exchanges do not buy your bitcoin with their own money but these exchanges are working as a middleman between the buyer and the seller and at that time when someone will sell their coins so someone will also buy bitcoin because they will neeed bitcoin for their business and so the sale will happen at that time.

[Rinder]

Well i do believe exchanges might play with trading but i really doubt they make such, taking into consideration they charge btc fee at all transaction they get btc doing nothing, soo they can dump their coins at the price they wanna without loose nothing, its all profit, they does pay their workers with bitcoin, and exchange their fees to those things you cant pay with bitcoin.

[takingthis4]

What does any exchanges has to do with the users selling the coins when the price increases,if there are buyers then you could sell the coins,in the recent weeks the price of all the alt coins increased almost all of the major exchanges had a problem handling the traffic and most of them were under DDOS ,other than that the exchanges wont prevent us from selling our coins.

All people here are right about exchanges, no one can stop you from selling bitcoins, but let me ask you about demand for bitcoins on that price? Who is buying on that price? Maybe couple accidental cases, but majority of bitcoins are just sitting there and no one is buying when pump is obvious.
Probably just few people are making profit when price is rising, maybe exchanges have a deal with few people and just they sell in this moments if there is any demand.

let me tell you who's buying bitcoins right now. The speculators that have shit ton of money and want to make even more of it, they throw it in like it's nothing for them willing that it will get him more money when they dump it all on peoples heads after a price growth. To be honest I am willing that the price is going to go down significantly right now because the bigger the pump is the bigger and harder dump is going to be. Thus, there would be tons of harm done to bitcoins.

[Sled]

What does any exchanges has to do with the users selling the coins when the price increases,if there are buyers then you could sell the coins,in the recent weeks the price of all the alt coins increased almost all of the major exchanges had a problem handling the traffic and most of them were under DDOS ,other than that the exchanges wont prevent us from selling our coins.

All people here are right about exchanges, no one can stop you from selling bitcoins, but let me ask you about demand for bitcoins on that price? Who is buying on that price? Maybe couple accidental cases, but majority of bitcoins are just sitting there and no one is buying when pump is obvious.
Probably just few people are making profit when price is rising, maybe exchanges have a deal with few people and just they sell in this moments if there is any demand.

let me tell you who's buying bitcoins right now. The speculators that have shit ton of money and want to make even more of it, they throw it in like it's nothing for them willing that it will get him more money when they dump it all on peoples heads after a price growth. To be honest I am willing that the price is going to go down significantly right now because the bigger the pump is the bigger and harder dump is going to be. Thus, there would be tons of harm done to bitcoins.

I think the hard dumps only occurs because they want to make other people sell their coins and it has been done always in manipulation of the people who have a lot of money and who knows how to manipulate it. If you are a smart bitcoin investor and user then you will just probably let them manipulate the market and just buy and hold bitcoin because in the long run you will see a higher price for bitcoin.

[classicsucks]

You are aware that the cryptocurrency space is almost complete unregulated?

Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated

Have you ever traded yourself?

I mean at a currency or commodity exchange that would count as a regulated one? Obviously, you haven't since otherwise you would have known that this pattern of price behavior is omnipresent. It is the same with major currencies, commodities like oil as well as precious metals. The price may stay frozen literally for weeks and then crash or spike many percentages within a day or two (oil has been particularly notorious in this regard recently). I guess there should be a theory explaining this phenomenon (likely tied to market inertia), but it certainly has nothing with price manipulation as you mean it (i.e. something illegal which is possible only at cryproexchanges). Just in case, regulated exchanges are using the same tricks that unregulated ones employ, and they even get caught (sometimes). I'd rather say it is you who is really naive here

I took you off my ignore list just in time to see this response. First off, trading at an exchange is not required to examine the suspicious coin price charts. But of course I have traded BTC and other cryptos.  Do you really think that the massive price shifts for every crypto are "market driven", or normal?  What other financial asset class has such rapid price growth and collapse? I guess it's time for you to start googling. And don't give me "penny stocks".

An unregulated market means simple techniques like front-running are legal - not illegal in any way, shape, or form. To break that down for you: on every transaction the exchange can cause the buyer AND seller to pay 0.01% more, without arousing the slightest suspicion or breaking any law.  When we get into how the trades  are settled, there is plenty more room for scamming. Every exchange can and likely does do fractional reserve. Do you think that if you buy coin X on Poloniex that anything happens besides an extra row in a transaction database? That means they only need to have the coins when people withdraw them (not common unless there is a price dump). A classic recipe for bank runs.

You are aware that Mt Gox was running a trading bot that bought 12kBTC every single day? At a price that kept constant growth of the BTC exchange rate. The level of fraud was high at Gox, but Karpeles was pretty stupid and unable to do the sophisticated scamming that Wall St. does.

Do you even know the name of the person running your favorite bitcoin exchange? Is their mailing address anything other than a mail drop in Deleware?

[deisik]

You are aware that the cryptocurrency space is almost complete unregulated?

Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated

Have you ever traded yourself?

I mean at a currency or commodity exchange that would count as a regulated one? Obviously, you haven't since otherwise you would have known that this pattern of price behavior is omnipresent. It is the same with major currencies, commodities like oil as well as precious metals. The price may stay frozen literally for weeks and then crash or spike many percentages within a day or two (oil has been particularly notorious in this regard recently). I guess there should be a theory explaining this phenomenon (likely tied to market inertia), but it certainly has nothing with price manipulation as you mean it (i.e. something illegal which is possible only at cryproexchanges). Just in case, regulated exchanges are using the same tricks that unregulated ones employ, and they even get caught (sometimes). I'd rather say it is you who is really naive here

I took you off my ignore list just in time to see this response. First off, trading at an exchange is not required to examine the suspicious coin price charts. But of course I have traded BTC and other cryptos.  Do you really think that the massive price shifts for every crypto are "market driven", or normal?  What other financial asset class has such rapid price growth and collapse? I guess it's time for you to start googling. And don't give me "penny stocks"

I asked you about trading at a "real" regulated exchange

Such as a commodity or currency exchange like NYMEX or MICEX. I'm not talking about cryptoexchanges like Bitstamp or Bitfinex. The price shifts there are absolutely the same, and they follow the same patterns. There is nothing unusual with that. You can ask any experienced trader, and he will tell you that prices don't change gradually, they almost always move in sudden bursts, either up or down. Some assets are more susceptible to such changes, some less, but that has nothing to do whether the exchange is regulated or not. In this sense, they are "normal" and as market driven as any price could ever be. I don't need to Google anything, I have already told you about crude oil since I traded oil futures myself and I remember the days when the price changed a dozen percentages within 24 hours. I can also tell you about silver which grew a few times within months in 2011. It kinda looks that it is you who needs to get first-hand experience first