Bitcoin Being Manipulated

[richardsNY]

Holding never affects the price of anything. If there is a day, when billion people own something but only one sell and one other byus, those two will create the price.

Holding definitely affects the market. Holding basically means that the coins are being kept away from circulation, and thus off the market. The more people end up holding, the lower the number of circulating coins will be, and that will reflect on the market. If no one was holding their coins, everything would eventually end up flowing back into the market, which would then result in a situation where there is far more supply than actual demand. If we look in general, the number of on-exchange coins has only been going down throughout the years, and this is something that will continue to happen. It's a slow process, but it has definitely had a major impact on the market.

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[junoreactor]

Bitcoin is meant to be centralized. This will lead to more concentrated chips, so I think this is just a temporary thing. It shouldn't take long, most countries will abolish the supervision, who will cancel at the end, who will suffer the biggest loss.

Hi kiboloves,
care to elaborate?
"meant to be centralized"?
Are you referring to the incoming forks?

[jenni161]

Holding never affects the price of anything. If there is a day, when billion people own something but only one sell and one other byus, those two will create the price.

Holding definitely affects the market. Holding basically means that the coins are being kept away from circulation, and thus off the market. The more people end up holding, the lower the number of circulating coins will be, and that will reflect on the market. If no one was holding their coins, everything would eventually end up flowing back into the market, which would then result in a situation where there is far more supply than actual demand. If we look in general, the number of on-exchange coins has only been going down throughout the years, and this is something that will continue to happen. It's a slow process, but it has definitely had a major impact on the market.

If you think the opposite of holding is selling on the market (simultaneously), only then you are right. You could also think that opposite of holding is ...
1) Using bitcoins to buy commodities. That would not have negative impact to the price of bitcoin.
2) Not have bought bitcoins at the first place. That is the most common behavior among humans, and doesn't affect the price unless they are some celebrities talking publicly about it.
3) Short-selling and yes, that would have a negative impact.

[piebeyb]

lol. good thinking but I just say a few bitcoin users too, of course, do not need to panic with china news forbid and whatever it is, hold your bitcoin in your bag, you will see useful bitcoin in the future

[Scorpion]

It's been done with oil, gold, cash, stocks, foreign exchange and cryptocurrency. It's not a new revelation or anything in fact many early adopters predicted it and warned new users about how to navigate through things such as this.

[Aleister Crowley]

lol. good thinking but I just say a few bitcoin users too, of course, do not need to panic with china news forbid and whatever it is, hold your bitcoin in your bag, you will see useful bitcoin in the future

any threats to bitcoin will not have any impact,, even if there is only a temporary and will not affect a large number,, as any bitcoin price drops,, it will only be reflected temporarily as it will enter many large whales that will re-energize the price so that it bounces off,, and some big companies that adopt bitcoin help bitcoin aggar still exist and without servant...

[nappoleon]

Because Bitcon's marketcap is so small, given the fact that bitcoin is a currency capable of cross-border transactions seamlessly comparing to a fiat currency with trillions in market cap. So while we're still in the billion dollar club price swings are going to happen. And while we're increasing in marketcap it grows stable.

[12tribes]

May be you should do a better research before you say something........ Bitcoin is a decentralized instrument for the 21st century...

[Kray]

I thought about the same thing, bitcoin is just like the stock market where they can buy great amounts of stocks and sell them back if they think they earned enough benefits. But I never thought about a user in a large country that can manipulate bitcoin’s value until as much as today.

[rafajunior99]

lol. good thinking but I just say a few bitcoin users too, of course, do not need to panic with china news forbid and whatever it is, hold your bitcoin in your bag, you will see useful bitcoin in the future

I strongly agree with what you are talking about, do not ever waste your Bitcoin, just for the reason China forbids Bitcoin, because Bitcoin is not in one country, there are still many communities and big investors who miss Bitcoin to be taller in this. so no need to worry about what people are saying about Bitcoin.