Easy to bring down BTC price?

[LuckyKey]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

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[daicavung]

BTC is not easy to lower the price, now BTC is rising slightly and is the most potential coin on the market, maybe in a short time the price of BTC will go to moon

[yla1974]

The price of bitcoin, this is of little interest. Most importantly, this is his function, which he can perform. I agree that volatility does not do him positive merit. Bitcoin is a system outside of any system. Speculation is a by-product, fully controlled by exchanges.

[charlotte04]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

People who are scared has a huge role also in bringing the price of Bitcoin go down. But I know that those Big people has a plan on making those people go in the market again.

[millensharon8]

You are simply talking about price manipulation by the whales which is something that by now, should not be anything new to anyone.

It has been said times without number that as long as this market is more prone to speculation than real demand based on real life usage, manipulation will always be a regular thing. You said it yourself, this is a decentralized, non regulated market, so what else would you expect?

The same set of people who drive it down which we call the bears and every other investor and trader follow put, are the same set of people who are buying and bringing about bullish sentiments with a rinse and repeat process.

[jrrsparkles]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

It is easy or hard depends on how much bitcoins there have,if they have huge number of bitcoin which is worth in millions then it can be the reason for the continuous price fall but it is not going to be permanent price fall since someone will buy those coins for cheaper price then the price will move in the upward direction.

[mostkey]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

With so many Bitcoins in possession, it may be very easy to reduce it and if it doesn't work, there's nothing you can do, now it's a very vulnerable situation where there are so many people who panic and don't know what to do, this is a good opportunity for those who have money and Bitcoin there are so many important examples that have happened in the past few days with great sadness with huge profits for them after pumping and convincing many people after feeling enough they threw it back, coming back to all its users, because most of it was here not ready for an incident like that, panic repeated.

[LeGaulois]

You can make the Bitcoin crashing without owning a single bitcoin. Sad but true. It's only a matter to have the right resources needed and it can be done in a few days only. A few persons have the right resources do it currently and it's like a private circle. I am not talking conspiracies here, but believe it or not, money is power you can buy even what is not for sell.

[TravelMug]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

They can easily do that, manipulate the price. But the we don't have such proof though, because the market is open for everyone. As you have said, no regulations and decentralizes system.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

Almost all coins are not hitting rock bottom, so I say we are almost closed to the floor price. How much? Maybe if billions of dollars being wiped on in couple of days, it will be enough for most coins to die or close to dying specially altcoins.

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

We don't know who the seller is, I read that perhaps that wallet belong to someone who is involved in Silk Road or Mt. Gox heist. We will never knew. As I have stated , billions of dollars of marketcap would be needed to drove the price down significantly.

[freezzeer]

If big company will enter to this market definitely they are targeting on their profit.So we have to face them

[omonuyak]

Cryptocurrencies market is an anonymous and you cannot easily trace transactions therefore we the traders will ever find it very difficult to know when whales come together to takes trading decision. However,  since billions of dollars is really needed to be able to drive the price in a particular directions it then means we cannot really  know the subtitles decision of the whales in other to be able to play along.

[Mahanton]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

All has the possibility either can bring the price up or on new heights on a short time frame and it can lower than on least we expected since we know that this market do involve emotions.One fud
then all things would mess up and we have seen countless scenarios about this matter.Fundamentals are one of the factors that can bring the market easily to hell.

[EXtremeAEX]

The market of crypto currencies is regulated only by exchanges and whales. Therefore, it is not surprising that we can observe such manipulations at a price. I think that in Desember 2017- early 2018, many people took money out of exchanges, and now it's the turn of exchanges to take money from people. After all, many traders are now trying to make money on marginal trading. But in some unknown way, orders don't work even when the price reaches the desired marks. Thus, now the exchanges take money from traders.
I think that when exchanges and whales are saturated and bought at low prices, then they will return people's interest in crypto-currencies with the next mega pamp.

[Sony.UK]

If big company will enter to this market definitely they are targeting on their profit.So we have to face them

The current scenario big companies are not ready to adopt the Bitcoin. So price fluctuation is continuously happening in the market but china is accepting the legalization of cryptocurrency. Automatically it will going to moon. We are all concentrate the legalisation of cryptocurrency.

[lephuqui]

Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

btc is not easy to lower prices. What they want is to lower people's imagination for btc, easier to dictate than btc dump. It can drag on the dominoes of the entire market to make a mass dump in the market. Do not know ever will end dump?

[hoavantathan]

It's not easy to decrease the price of bitcoin if you have not big money. Bitcoin is the most stable coin. You can see its chart. It's the first coin therefore all coin base on it. Other coins have a lot of problems to be the leader.

[Sanitough]

It's not easy to decrease the price of bitcoin if you have not big money. Bitcoin is the most stable coin. You can see its chart. It's the first coin therefore all coin base on it. Other coins have a lot of problems to be the leader.

It's the most stable because it's holding the dominant rate which is over 50%, that means slow movement of bitcoin
will bring bigger movement of altcoins as they are in one crypto market.
The price will go up and down but the recent trends are going down and that is because of the whales who love to manipulate the price.

[ncn1992vn]

This is one of the important reasons that SEC unacceptable Bitcoin ETF
I think the whales owned energy giant Bitcoin easily manipulated this problem and bring profits steadily for them, of course the risk to them is very high

[Angela28]

Bitcoin prices are influenced by a number of factors, the most typical of which are the need to trade bitcoin, if the purchase of more than the sale will drive the price up.

[hugeblack]

I agree with you there was some manipulation of the price but not the way you mentioned.

At the end of last year, some platforms gave incorrect prices which made the difference between it and other platforms about $ 1000, this manipulation led to the addition of more money to bitcoin and so on.

At the moment, it is difficult to have such operations as there are a lot of regulators that check the prices.

There was a record-breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers

The reason for the recent decline was not that 10,000 because the "circulating supply" is around 17,263,312 which mean 0.000579263122 effects.

Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking? 

more bad news, FUD & panic, and  weak turnout on Bitcoin "Demand."