waterman (OP)
Full Member
Offline
Activity: 192
Merit: 119
★Bitvest.io★ Play Plinko or Invest!
|
|
November 23, 2018, 03:07:59 AM |
|
In the article " Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation. What do you guys think? I think that maybe there is a little manipulation full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086
|
|
|
|
pooya87
Legendary
Offline
Activity: 3626
Merit: 11029
Crypto Swap Exchange
|
|
November 23, 2018, 03:31:11 AM |
|
"price" being manipulated has nothing to do with bitcoin being a decentralized currency which is giving freedom and control to its users. "price" relates to trading and exchanges, which are centralized, small and manipulated. that is an undesirable fact but not a secret. and it is not ALL manipulation. it is also like this because of the smallness of the market. when a big panic sell occurs the price crashes hard because exchanges aren't trusted places where people feel safe to leave open orders which requires leaving money on exchanges. not having open orders means the order books are not packed and a small sell can result in a big drop.
|
|
|
|
SUDARMONO
|
|
November 23, 2018, 06:04:08 AM |
|
I really feel like that, and I also strongly believe that the price of bitcoin is indeed manipulated in the market so that the price of bitcoin has decreased greatly.
|
|
|
|
Ispep
Member
Offline
Activity: 154
Merit: 24
The future of security tokens
|
|
November 23, 2018, 06:24:15 AM |
|
We are kinda looking for answers as to why the price of the bitcoin is deteriorating so fast,and manipulations as you stated(or as the article states),could be one of the reasons,i think it could either be whales/government manipulations...
The whales who definitely control a large % of the market,could probably be the ones manipulating the price of the bitcoin(i do not know how true though,its just mere speculations )
But as for the bitcoin being any less free,that in my opinion is incorrect,the very reason it can be manipulated already proves that it's free from any regulations(decentralized),as Large groups of individuals can manipulate the market at their own discretion
|
|
|
|
MMS2017
|
|
November 23, 2018, 06:39:49 AM |
|
Bitcoin is not controlling by central department so it can be manipulated by many users who have a strong hold in bitcoin and it is the best way to change the whole market with your moves and now bitcoin price is recovering so it will goes to stability and these coins will be more stable.
|
|
|
|
Gloverwrt
Member
Offline
Activity: 126
Merit: 11
|
|
November 23, 2018, 06:59:49 AM |
|
Bitcoin was designed to be decentralized and is, but there is no way to stop money from getting what it wants, and when you consider that over 50% of the entire bitcoin is owned by less than 1% of the entire bitcoin population, you might doubt that it actually is.
But BTC in contrast to fiat which is controlled by banks, is open source, transparent and neutral. And with more adoption it would easily resist manipulations.
|
|
|
|
nicster551
|
|
November 23, 2018, 07:03:44 AM |
|
In the article " Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation. What do you guys think? I think that maybe there is a little manipulation full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086Yes, it truly is because they may be doing this price movement that the price of Bitcoin is really going down to make people panic and let those small investors get out of the market and will let the market go up again once the time is right.
|
|
|
|
Sethrey
Jr. Member
Offline
Activity: 916
Merit: 1
|
|
November 23, 2018, 07:35:44 AM |
|
I believe that someone can really manipulate the market. The so-called whales can change the situation in order to make profit. I mean to invest less and earn more. We can't be sure in it as crypto market continues to stay a miraculous place.
|
|
|
|
JackyChu
Newbie
Offline
Activity: 28
Merit: 0
|
|
November 23, 2018, 07:50:11 AM |
|
In the article " Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation. What do you guys think? I think that maybe there is a little manipulation full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086I also think that bitcoin price is manipulated by someone. Not knowing exactly who but I think there are some one try to manipulate the price, make the price go down and they will buy as much as possible.
|
|
|
|
Iwillgotothemoon
Member
Offline
Activity: 171
Merit: 14
|
|
November 23, 2018, 07:53:16 AM |
|
A decentralized product eventually evolved into a tool that was manipulated for profit, and it must be said that this is a ridiculous and shameless thing. At some point whales can make the market more active, but more often the benefits of whales from the massacre of other more people.
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3850
Merit: 6585
Looking for campaign manager? Contact icopress!
|
|
November 23, 2018, 07:57:52 AM |
|
What do you guys think? I think that maybe there is a little manipulation
So you have found an article telling that the apples are bad because the oranges are orange. And then you want people's opinion on that. Bitcoin is free and it's going pretty well in the right direction. Bitcoin is software, is technology. Bitcoin price is something manipulated, like almost any price in this world. The only difference is that not many have the interest to point that out about the "other prices" or about "the value of your money"...
|
|
|
|
chikading2016
Member
Offline
Activity: 949
Merit: 48
|
|
November 23, 2018, 08:25:03 AM |
|
I think the bitcoin price is really hard to manipulate because it really has a great value and price maybe if some people wanted to manipulated they maybe have or get many coin and hold. I believe that we need to make wait for the next update of the price maybe big whales are in action because the bitcoin really experience a sharp crashed.
|
|
|
|
pooja1982
Copper Member
Jr. Member
Offline
Activity: 166
Merit: 1
|
|
November 23, 2018, 09:03:17 AM |
|
Yes, Bitcoin price are being manipulated because it is not a regulated currency in all over the world very few country it is regulated but that does not affects the same. Some of big investor have a strong hold in bitcoin and these whale investor of crypto market pump and dumps the scenario & manipulated the bitcoin price.
|
|
|
|
SnapDown22
|
|
November 23, 2018, 09:09:01 AM |
|
A decentralized product eventually evolved into a tool that was manipulated for profit, and it must be said that this is a ridiculous and shameless thing. At some point whales can make the market more active, but more often the benefits of whales from the massacre of other more people.
I think manipulation is of no use, of course, because bitcoin is down, the price is falling now, but we don't have to be monotonous about Bitcoin, there's alt coin for one of them to help
|
|
|
|
taratorly
Member
Offline
Activity: 258
Merit: 10
|
|
November 23, 2018, 09:09:11 AM |
|
I think we've been manipulating Bitcoin Cash for more than a month. And its effects come to Bitcoin. Bitcoin Cash on the nonsense must end. I think all Cash miners can go back to Bitcoin to make a big structure.
|
|
|
|
notyours
|
|
November 23, 2018, 09:35:11 AM |
|
The possibility is that the bitcoin price is really manipulated today. That's why the price dropped. Well, let's accept it and take advantage of the cheap bitcoin price. Because of the fact that when the bitcoin price rises we will also have a profit.
|
|
|
|
abhi777
|
|
November 23, 2018, 02:50:04 PM |
|
In the article " Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation. What do you guys think? I think that maybe there is a little manipulation full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086yes indeed bitcoin is being manipulated. why the price of bitcoin cannot remain. now the price of bitcoin is up and down. so we must be patient in investing in bitcoin.
|
|
|
|
Twentyonepaylots
|
|
November 23, 2018, 03:04:20 PM |
|
In the article " Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation. What do you guys think? I think that maybe there is a little manipulation full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086yes indeed bitcoin is being manipulated. why the price of bitcoin cannot remain. now the price of bitcoin is up and down. so we must be patient in investing in bitcoin. Bitcoin price manipulation maybe right or maybe wrong? one should understand that crypto market has been participated by a lot of investors with unknown personality except it will just shown on the volume of investment put in by such account either on trading , investment (long term or short term), HODL, we will never know the actual movement yet we can see the ups and down on the market thread as posted. I am still looking forward on the positive indicators as the system is safe from insiders trading.
|
|
|
|
Dreamace7
Jr. Member
Offline
Activity: 126
Merit: 1
: ”Decentralized Digital Billboards”
|
|
November 23, 2018, 03:23:08 PM |
|
The current situation does not mean bitcoin is under the control of any one. Volatility is one character and features of most coin and I don't think bitcoin is any different
|
https://bidooh.io/ ▸▸ Decentralized Digital Billboards Backed by OKEx & Director of Manchester United ●●
|
|
|
Dudeperfect
|
|
November 23, 2018, 03:56:03 PM |
|
Well, I agree that big wheels and institutional investors usually try to manipulate the market in order to earn maximum profit out of it but it is not because they have a high amount of capital but the market is less measured at this point. I am talking about the low mass maturity of the investors which allows such big whales to manipulate the market. However, the situation will definitely improve over the period of time and we will see diminishing ability to manipulate the market.
|
|
|
|
|