Is it possible for someone to manipulate the virtual currency market?

[adiksau0414]

I am not sure about, but as i continue learning about morr advance information about bitcoin, the answer is yes. They say thay some big whales can probably do this especially if they have this group and make a plot to do it. If a big whales sell their bitcoin, there would have a big effect in the price of bitcoin. Then, after this big spike in bitcoin, they probably buy another batch of bitcoin, in a lower price. I am not saying its true, but this probability might have some basis.

[sana54210]

is actually quite difficult to manipulate prices in the market. because the price of crypto is influenced by supply and demand. maybe if someone wants to manipulate the price in order to go up, they buy lots of coins so demand on the coins goes up and prices start to rise, then they sell it when the price actually goes up.

It is not difficult bro. We are not talking about a single person here and if it is by that we would say it is definitely difficult to manipulate the market. You think all those movements you see on the charts are not manipulations ?

The bull and bear effects on the market. Some have the resources and a huge one to play with the market to their advantage while the weak hands suffer it the most, referring to the weak investors who end up selling at losses.

[henmark]

is actually quite difficult to manipulate prices in the market. because the price of crypto is influenced by supply and demand. maybe if someone wants to manipulate the price in order to go up, they buy lots of coins so demand on the coins goes up and prices start to rise, then they sell it when the price actually goes up.

It is not difficult bro. We are not talking about a single person here and if it is by that we would say it is definitely difficult to manipulate the market. You think all those movements you see on the charts are not manipulations ?

The bull and bear effects on the market. Some have the resources and a huge one to play with the market to their advantage while the weak hands suffer it the most, referring to the weak investors who end up selling at losses.

No, but manipulations occurs in market. Once everything is going good and ultimately we see the downfall in market. This abrupt down is not involuntary or a coincidence rather a big planned game that is being played by the whales out there. Majority of times, their own personal interests are involved and without caring what will be the effect on general public, they manipulate the prices.

[Anewor]

If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

I believe so, there is a chance. But I don't think you can benefit from doing so. Like when you buy almost all of the bitcoin which will then make the price go up and then you sell it. Or maybe you just have to hack the servers and create massive fear and then FUD came in, the price goes down and then you can start monopolizing it. But you must have a bigger amount of money for you to do this. Only fools would do this. If given a chance I wouldn't even care to do this. Why should I? Its cheating.

[wxa7115]

It depends on which virtual currency. For example, Bitcoin and ETH are very popular and held by many users evenly, it would be hard to manipulate the market. Moreover, there is no benefit for those holder for manipulating the currency since all holders want the price rising.

It is not as difficult as you believe while getting bitcoin now is very expensive in the early days of bitcoin you could get it for nothing, faucets gave full bitcoins, someone could have more than 1000BTC by collecting from faucets when they gave such high prizes so it is not odd to think that some whales have so many coins they can manipulate the market as they want.

[BeGoods]

Someone or something?, very much possible. A new report from The New York Times this week suggests that Bitfinex, a virtual exchange, and its currency, Tether, have been helping to artificially prop up the value of bitcoin and other cryptocurrencies. A market analyst says that, "This absolutely reeks of price manipulation". Still, there’s almost certainly too much uncertainty at this point for the price to stabilize.

If someone has a power like dev that has a very large amount of coins probably about 50% of the total coins of course they could have manipulated the price of a coin in the market, because the key is just manipulating supply and demand. for bitcoin manipulation may be a bit difficult because total user is very large and many of the users are quite keen to distinguish where true news or speculation/hoax

[samcrypto]

It depends on which virtual currency. For example, Bitcoin and ETH are very popular and held by many users evenly, it would be hard to manipulate the market. Moreover, there is no benefit for those holder for manipulating the currency since all holders want the price rising.

It is not as difficult as you believe while getting bitcoin now is very expensive in the early days of bitcoin you could get it for nothing, faucets gave full bitcoins, someone could have more than 1000BTC by collecting from faucets when they gave such high prices so it is not odd to think that some whales have so many coins they can manipulate the market as they want.

They can really manipulate the market, I think it happened during the dump of bitcoin. Who knows, they are really trying to dump bitcoin so they can have more of it or pump it higher so they can have much profit. Everything is possible in cryptocurrency, specially with the new coins they can really manipulate it but don't be scared just know how to ride properly and you can also make money.

[DonFacundo]

yes only whales can do that they can manipulate the cryptocurrencies and sometimes they will spreading the FUD of the coin through social medias of their followers and it can start down the coin, I remember the famous investor said that "bitcoin is a bubble" seems like he trying to down bitcoin but I think it was effective.

[Yankae]

If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

For me i think yes but not directly,e.g. spreading fake news to let the people panic that causes the bitcoin price in a dump for their own benefit.I'm referring to those big whales in crypto economy that buys bitcoin in low price because of the fake news.

[think3214]

If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

In my opinion, Altcoins in the virtual money market operate on the supply and demand of the entire economy of the world, if there is a powerful country affecting the market, the price of the altcoin will fluctuate in volume supply and demand of investors. But in my opinion, no power can control the entire cryptocurrentcy market.

[SixOfFive]

Big Investors often manipulate Crypto market with the power of their volume trading. Also they have huge network of people which follow their trading signals. They can easily create a coin pump or dump a coin with their trading calls.

[johnnythunder]

Indeed, it is extremely workable for somebody to control virtual money depending in what digital currency, on the off chance that somebody contribute or hold a bunches of coin at that point pull back it, it will influence that particular cash showcase. This is thing was truly occurring in showcase industry so I think it is conceivable additionally to occur in virtual cash advertise.

[FreshMoff]

Of course, happens all the time. Google pump and dump - see the crazy stories about how organises some of these schemes are.

[Derrick]

Indeed, it's very executable for someone to regulate virtual cash relying in what digital currency, on the off likelihood that someone contribute or hold a bunches of coin at that time pull back it, it'll influence that individual money showcase. this is often factor was actually occurring in showcase trade therefore i feel it's conceivable in addition to occur in virtual money advertise.

[nightxglow]

Yes it is quite possible, since what change the market is the demand and supply, and if the entity is great and powerful enough, it will be easy for them if they want to manipulate currency market, since no one rule here so there's no one like government that can protect the market from that thing to happen.
But they will surely need lots of money to do that, and it doesn't really ensure that they will gain any advantages from this, so why should bother to do that?

[1battermainsheet3]

The market is floating in a digital space platform and not under someones individual manipulation

[goldshops65]

yes it can be but he should have to do great

[volleyballslender6]

if I could have manipulated btcs I will directly close it totally returning peoples savings to them

[Alik_Rzasoy]

If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

Of course, it is possible, there are some "Whales"in the market, who possess so much Bitcoins. If some of them deal with each other for selling their bitcoins all together, then the value will decrease, then they will enter to the market by buying Bitcoins with low value but much more than previous.

[unicyclistclapas0]

I don't have any idea regarding. I think its better to be manipulated by great 'whales' not by individuals