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Author Topic: Could BTC ever be manipulated like Wall Street is?  (Read 1710 times)
superstarbtc
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March 29, 2019, 06:31:38 PM
 #61

Btc cant be manipulated like wall street in bitcoin everything is the transparent and limited number of supply of coins every one can trade but cant manipulate the prices
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March 29, 2019, 07:01:18 PM
 #62

I think it could be possible because as we experience before the price could be moved by the whales and fake news FUD FOMO.
It is just a simple manipulation but people buy it they dump their crypto or buy some crypto when the influencer's tell them to .
The market is being manipulated and we are riding it we are also the one who is making things happen.

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figmentofmyass
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March 29, 2019, 11:51:39 PM
 #63

Btc cant be manipulated like wall street in bitcoin everything is the transparent and limited number of supply of coins every one can trade but cant manipulate the prices

the paper/derivatives bitcoin markets won't be so transparent. a company like bakkt might periodically disclose how many bitcoins are in its vault, but they won't disclose when bitcoin collateral gets rehypothecated. in physically settled commodity markets on wall street, uncovered positions are totally legal and normal. essentially this facilitates a fractional reserve collateral system where multiple parties all believe they have claim to the same collateral (in this case, bitcoins). not only does that create big custodial risks but it will also create a downward pressure on price (just like the paper gold market) because it effectively inflates the coin supply. as long as people view bitcoins and paper bitcoins as interchangeable, the supply can be diluted.

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March 30, 2019, 12:01:51 AM
 #64

It seems to me that there is already a certain level of manipulation right now. Those who can afford may actually have a chance to influence the market. It only takes money and the rich has it. It is just like the pump and dump groups. The bankers and the elites have billions at their disposal.

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shesheboy
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March 30, 2019, 05:22:57 AM
 #65

Lol it already is, everyone manipulates and goes wild, look at the exchanges one happens to be $100 over everyone else.  Now ask yourself why.

everyone ? no i dont think so  . not all have the power to manipulate the price but except from whales because they are known to be rich  . they can buy or sell in bigger volume's resulting for the value to experience a drastic change   .

Holding crypto assets in exchanges is not a good practice because there are many manipulators in exchanges who tries to change the market price for there advantage which destroy the balance of a currency and make losses for honest investors but still cryptocurrency investment is a profitable one if done with patience and proper understanding   

what about holding crypto assets in a online wallet ? do you think thats more safer than storing your coins on an exchange ?  both are the same because all kind of wallets can potentially be hacked  but that wont likely occur as long as the platform that you are using is known to be legit  but manipulators arent destroying the balance of the scale  . the act of manipulation is pretty normal and infact it can be also an advantage  .
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March 30, 2019, 06:10:19 AM
 #66

I thought Bitcoin being manipulated is what everyone was complaining about when they talk about those damn 'whales!'.
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March 30, 2019, 07:08:54 AM
 #67

I got the idea from another thread around here:

What would be the banksters best shot be to manipulate BTC as they please?

As I see it, there are no derivates on BTC. On the other hand, who stops me from giving out/selling a future myself on the price of BTC in 6 months?

Gold is hardcore manipulated, a big part of it is done with naked shorts. At least that's not possible with BTC, if I see it clearly.

The question is if we should be concerned about JP Morgan ever taking over BTC like they have taken over silver and gold and controlling it.

If bitcoin traded in wall street, i am believe there is will be derivative trading. Its thats happen, bitcoin price can be manipulated by financial expert like bankers make fraction. Its just bitcoin paper or its just a contract not a real bitcoin.
But i am still hoping bitcoin traded in wall street because its give us legitimate on our investment. Its opening the door on regulation

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April 02, 2019, 07:27:14 PM
 #68

I got the idea from another thread around here:

What would be the banksters best shot be to manipulate BTC as they please?

As I see it, there are no derivates on BTC. On the other hand, who stops me from giving out/selling a future myself on the price of BTC in 6 months?

Gold is hardcore manipulated, a big part of it is done with naked shorts. At least that's not possible with BTC, if I see it clearly.

The question is if we should be concerned about JP Morgan ever taking over BTC like they have taken over silver and gold and controlling it.

If bitcoin traded in wall street, i am believe there is will be derivative trading. Its thats happen, bitcoin price can be manipulated by financial expert like bankers make fraction. Its just bitcoin paper or its just a contract not a real bitcoin.
But i am still hoping bitcoin traded in wall street because its give us legitimate on our investment. Its opening the door on regulation
You're right, this is not an honest game of bankers when they trade in simple paper from Bitcoin. In fact, this is a double distribution of a copy of Bitcoin.

 
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