Bitcoin Being Manipulated

[stompix]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply.

It seems , nothing more.
Supply and demand are the rules which govern bitcoin trading, you can;t buy unless somebody is selling.

Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

It was exactly the other way around.
The price in China for btc was lower so the westerners could easily scoop up coins there and sell them on western exchanges. (arbitrage).

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Exactly because we live in a free world you are free to say what you think and I am also free to criticize your thinking.

Well, we never know. That could be possible. Most of the big whales came from China.

Sauce for this?
Cause until know all that has come from China were fake ...everything.

[Vendetta666]

It's not manipulation that it's panic buying now to receive free Bitcoins Gold on October 25. So we expect it to continue to rise until after the hard fork. So we also expect Bitcoins to fall after Hardfork because the bitcoins holders have been selling since they have already bought their BTG

[olubams]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?

[Hamstead]

Actually sometimes we can say that bitcoin price is being manipulated but of being decentralized it could be hardly to happen. Up and down is just normal that might happen in the market place because its supply and demand is a huge factor not can affect its trend not by being manipulated with someone or a group.

[jc89]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Long before the issue with China, bitcoin have been manipulated by whale investors. And btc manipulation is not made by China, never China. There are numerous btc whales out there that can manipulate btc any time they want that it's hard to determine if the surge is natural and organic or by manipulation. Btc price can be manipulated even by a single big whale who owns thousands of btc with just a few clicks. Take for example "Spoofy" who is allegedly manipulating btc market.

[Lpim01]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Yes, we accept that price goes down after banning of crypto currency in China. Of course China would contribute a huge impact to the price because Chinas is holding the large numbers of crypto exchangers and users at that time. But it doesn't mean that millionaires are manipulating bitcoin and other coins. Because falling of price would probably happen after the shock and they are selling bitcoins for a lower cost.

[kenkoy]

It is possible. We all know that china is one of the countries that have most users of Bitcoin. Large number of whales are there too. They can possible spread FUD by banning ICO and other BTC exchanges, then this will greatly affect the BTC value. There are also US billionaires who may possibly manipulate BTC. For example, when Mark Cuban tweeted negative issues wih BTC, after minutes the value dropped. These billionaires have huge followings who considers their opinions.

[jenni161]

It is possible. We all know that china is one of the countries that have most users of Bitcoin. Large number of whales are there too. They can possible spread FUD by banning ICO and other BTC exchanges, then this will greatly affect the BTC value. There are also US billionaires who may possibly manipulate BTC. For example, when Mark Cuban tweeted negative issues wih BTC, after minutes the value dropped. These billionaires have huge followings who considers their opinions.

Wouldn't be suprised if Cuban did this just to see if he can.

[iv4n]

Every market is vulnerable, and can be subject lf manipulation. Who can manipulate with market is obvious, the one or ones who have wealth higher then total market worth. This is something that banks are doing for centuries with currencies, products, stocks, now someone is doing that with crypto market. In real world there are some laws about it, and people who do this with stocks and currencies can be arrested and sentenced, but its hard to prove this kind of manipulations that's why people who done this before are now free and rich, criminals in suits.

[esatceza]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

I think you have created a new rumor and that is not good for Bitcoin, it will reduce the bitcoin price because many people are afraid of this rumor. However, instead of saying something that is not grounded, you should provide evidence or any related information to that effect. So, anyone reading this, think hard about your decision because we've been fooled many times in the past.

[greeklogos]

I think exchangers and ICO banning in China didn't affect bitcoin elite anyhow, they just moved to neighbour countries, such as Hon King and Japan and continue their activity there, which consists mostly in crypto trading.

[darkangel11]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

what do you mean when the price goes down chinese buys a lot of bitcoin and then they sell it when the price goes up?

I mean when China made the regulation the price dropped right, so during that period you could buy more bitcoins at a lower price then hopefully it would pick up.

So maybe if China lifts the restrictions then the price can rise faster.

It probably will, but it's also possible that Chinese whales moved to other exchanges located in Hong Kong and Japan. The statistics seem to be supporting this because right after the bans in China the volume on exchanges in Japan rose by a huge amount. It was obvious some of the traders from China had moved there.
Where there's big money there's manipulation.

[Vatimins]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Lol. Clearly you have been reading a lot of false news. Haha.
What you are saying is just something that is unbelievable (judging by the circumstances).  Because if you haven't figured it out yet,  clearly, the action of the chinese government was just a natural reaction to get rid of all the scams and shitty ICOs in their back yards connected to the crypto world. Just to make a clearer path way for their very own cryoto currency.

So naturally, this will cause a series of orice corrections because a lot of panicking people will sell their bitcoin possessions no matter how cheao just to cut their losses necause they believe all the crappy fuds being spread around by dumb people or trolls. There may even be a strong possibility that big whales soread this fud to get bitcoins cheaper.

So better relax man, this is something that isn't far from ordinary.

[hitrawal91]

I dont agree with your point of view, and let me explain you .First of all did you notice that China's ban on ICO and BTC Exchanges didn't create big impact similarly getting banned from single country cannot have huge impact on bitcoin prices.And the manipulation is done by the big whales (professional traders) who are just trying to test the patience and psychological mood of the small retail traders by playing with their emotions and by this way they make profits bigger and we make most of the time loss.

[thinkpad99]

Every market is vulnerable, and can be subject lf manipulation. Who can manipulate with market is obvious, the one or ones who have wealth higher then total market worth. This is something that banks are doing for centuries with currencies, products, stocks, now someone is doing that with crypto market. In real world there are some laws about it, and people who do this with stocks and currencies can be arrested and sentenced, but its hard to prove this kind of manipulations that's why people who done this before are now free and rich, criminals in suits.

Unfortunately I must admit that I am right. In some highly developed countries, the bitcoins are developing very well, the chance is that they will be manipulated by the government, other people. This can contribute to the collapse of the coin, or at least a loss of value, but I sincerely hope that this will not happen.

[annbagira]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Hello author! What a nice conclusion!) Can you understand that when a child come in this mad and funny world then in this second this game started! Nobody can guarantee nothing and of course it's not a big secret this is one of the TOP profitable business and this business driven by some people or group of people. Freedom  illusion its great thing) You are addicted to oxygen, sun food and that guy next door etc)

[audaciousbeing]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Everyone is right to express an opinion on whatever is happening in the crypto world based on the understanding that we have about series of events. The last crash in which you are quick to ascribe to manipulation create an avenue for people to put in funds while a lot of them are reaping the benefit of such decision. Times without number price have crashed and recover, while some are taking advantage and they are normal human beings even forum members who have made it obvious in their posts what they will do, others are looking at the conspiracies behind such as Op. I am sure if another crash should happen, he will still wyne about it.

[carlerha]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

First of all it is very difficult to bring any kind of regulation on bitcoin because bitcoin is completely decentralized and countries have failed to bring any regulation policy to control bitcoin according to their well. No one in the world can get control over bitcoin that’s why no one can use bitcoin being manipulated nor bitcoin itself manipulated for himself because bitcoin has given profit to people. Bitcoin is totally democratic for people so manipulation doesn’t exist here.

[chickenado]

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?

This is something indescribable information. Why is China involved in here? I guess you are referring China as a real example of what manipulation is about with bitcoin. I can see no difference even without China if they really manipulate bitcoin there should be many rukes indicated with it or the system has broken. What scene are talking about? It should be the people to see before their eyes how bitcoin slowly creates a big scene in the world and that is by helping one another. The manipulation issue won't happen. We can't manipulate bitcoin either.

[Spaffin]

In a situation with China, one can not say that bitcoin is manageable. Even if we assume that all these actions to prohibit crypto-exchange exchanges and the crypto-currency in China itself were well thought out beforehand so that the course on Bitcoin fell, it should be considered not a control of bitcoin, but a normal trading manipulation. Yes, thus, China managed to retain for a while, and even lower the rate of bitcoin and other crypto currencies, but if the holders of the crypto currency did not sell it, the situation would not be so bad. However, in the end, nothing special happened, Bitcoin safely gets to new records in his course.