Is Bitcoin Too easy to manipulate?

[BlueStackz]

I don't think the bitcoin can Easily to manipulate because if people have different thinking because otjer selling and buying their coins.
The price of the bitcoin will not become $1000 for sure this year will become more than 10,000 dollars.  We know that because investors panic selling they manipulate the market last year 2018 because millions investor are panic selling .

you're right, even more so now there are so many bitcoin exchangers. besides, it requires a lot of money to manipulate the current bitcoin prices. well, we know it won't be easy even though it can. of course it is also a very big risk for people who try it.

That is why I can’t really wait for the time bitcoin price will become very stable at a very high price, let’s say like $100,000 per coin because then, it will really be too expensive for them to buy large and  manipulate the market, though at this price it is now, we still have some people that are extremely rich and can afford to pump so much money into the market to manipulate it using just 1 exchange, though it is quite risky like you said,  because if someone decide to buy 500,000 btc, selling it off  completely might be quite difficult.

Sometimes, I feel some of these exchanges should even regulate the amount of bitcoins that can be bought at once to control some actions of these whales. But, there are having limitations only for withdrawal amounts (for their security and for other compliance reason) and bothering about those manipulations.

When bitcoin market grows and when more people are participating in "real bitcoin supply-demand" mechanism, I guess whales will lose their power to control bitcoin prices. Moreover, when bitcoin ecosystem grows in more number of adopters, there will be no more whales and even some people will be holding more number of bitcoins, they cannot manipulate against massive number of small holders.  

[St4yInTh3D4rk]

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?
 

70 Billion dollars still not small amount to manipulate and it was more than 10 times when we are at the end of last bull run so describing based on the current market prices is not  good.The number of people involved on the crypto investments is very less when compared to traditional stock investments were most of the big company have their investments.

Bitcoin can be manipulated by the emotions of traders which can be done by lot of other external sources like news than investing and risking huge money.

[el kaka22]

Compared to regular fiat bitcoin is even hard to manipulate. Look at regular fiat currencies in third world countries, last summer Trump said something bad about Turkey and Turkish lira plummeted to death, how can you explain that if you think bitcoin is easy to manipulate.

Just one person going on twitter writing bad stuff about a country could destroy a whole nations economy with one finger, they are still not out of the gate and still having economical problems even though Trump basically forgave them.If you keep doing stuff like that then how could you even imagine bitcoin is any different. Yeah, it is easy to manipulate for big enough people but if you are big enough any currency is easy to manipulate for you, not just bitcoin. That is why I would always prefer bitcoin, it might be easy to manipulate but at least its impossible to control and change stuff in it.

[iqlimasyadiqa]

There are so many reasons why the price of bitcoin is very easy to manipulate and even all digital currencies are very easy to manipulate. when there is someone who has great financial strength, that person can do anything, usually a manipulator will take advantage of the panic situation experienced by the owner of a digital currency and then the manipulator makes a decision that benefits himself. such a thing is certainly very detrimental to many people and that is one reason why the use of digital currency is still seriously studied by the government.

[magneto]

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?

First of all, I don't see the correlation between bitcoin being manipulated and prices having to go below $1k.

In every market, there is a certain degree of centralisation, and manipulation. It's a matter of what that degree is exactly.

I personally think that the significance of "whales" that somehow manipulate the entire market due to their large holdings is really largely a myth, and narratives of bitcoin's volatility being caused by manipulation per se is most likely unbacked as well.

That said, though, the small market cap in relation to other asset classes does mean that smaller orders will be able to move the market more. Though, when you look at the potential manipulation through derivatives in other markets like precious metals, I don't think bitcoin is easy to manipulate, though it might be easy for a large investor to move the market.

[The Cryptovator]

I don't think it's very easy to manipulate bitcoin price like others altcoin. Although sometimes bitcoin manipulated by big whales and exchangers but it wouldn't be stay longers. You can just say its pump dump play. Bitcoin will raise automatically once investors will increase. So my opinions is, it's possible manipulate bitcoin but really this isn't very easy task.

[Capt00]

I don't think it's very easy to manipulate bitcoin price like others altcoin. Although sometimes bitcoin manipulated by big whales and exchangers but it wouldn't be stay longers. You can just say its pump dump play. Bitcoin will raise automatically once investors will increase. So my opinions is, it's possible manipulate bitcoin but really this isn't very easy task.

Agree on this-- Perhaps we need a huge amount of dollars to manipulate the market, even big whales they can't hold too long in the market situation. It is not just easy to manipulate the market so I guess Bitcoin will grow itself without having the wall of whales. Because I believed that when the demand will increase and the supply is the decrease that makes bitcoin expensive and not playing by whales.

[anggi]

I don't think it's very easy to manipulate bitcoin price like others altcoin. Although sometimes bitcoin manipulated by big whales and exchangers but it wouldn't be stay longers. You can just say its pump dump play. Bitcoin will raise automatically once investors will increase. So my opinions is, it's possible manipulate bitcoin but really this isn't very easy task.

and I think, when there is price manipulation, I think losses will come to people who manipulate. we know that many people are waiting for a certain price point, when they sell it, people who manipulate it will certainly be a loss. well, however, I think manipulation requires a lot of money.

[lablab03]

For me yes it's so easy to manipulate because of big players on it that sometimes gaining quick profits and also holders that always dumping and panicking especially when there's a fake news around the internet .that's the reason only i know base on what i've observed not just on some news,  its because also of the performance of market that suddenly collapse without any reason.

[jhongzjhong]

For me yes it's so easy to manipulate because of big players on it that sometimes gaining quick profits and also holders that always dumping and panicking especially when there's a fake news around the internet .that's the reason only i know base on what i've observed not just on some news,  its because also of the performance of market that suddenly collapse without any reason.

Maybe that will contribute to being a dump and pump in the entire market price but I think it can't manipulate by big whales because when it comes manipulating it require a big amount of money which is can't do only a big whale. Unless, if that whale is a big group of big-time people who have a much of money.

[Romanianz]

For me yes it's so easy to manipulate because of big players on it that sometimes gaining quick profits and also holders that always dumping and panicking especially when there's a fake news around the internet .that's the reason only i know base on what i've observed not just on some news,  its because also of the performance of market that suddenly collapse without any reason.

I don't think it's easy if you want to manipulate cryptocurrency price movements on your exchange requires very high trading capital and of course you have to be able to influence other traders in order to make prices at the exchange place start to rise and begin to be affected.

[Tagus45]

For us it is a difficulty, but for those who have large capital, they can certainly manipulate the price of bitcoin.

[markdario112616]

I don't think it's very easy to manipulate bitcoin price like others altcoin. Although sometimes bitcoin manipulated by big whales and exchangers but it wouldn't be stay longers. You can just say its pump dump play. Bitcoin will raise automatically once investors will increase. So my opinions is, it's possible manipulate bitcoin but really this isn't very easy task.

I agree to some extent, but it's somehow contradicts your statement. By saying "It's easy to manipulate .." then "sometimes.. Big whales" *enters*. Given the scenario, and based from those above, These Big whales can easily manipulate the market itself.


In my opinion, I think the Bitcoin can easily be manipulated. In i.e. remember when GM of JP morgan release a statement that Bitcoin is a scam or fraud. Bitcoin's rate suddenly fell (minimal but crucial) JP morgan did bought Bitcoin, then reclame the first statement.

[Indrawan77]

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

[Polar91]

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

[posi]

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

It definitely not hard for the whales to manipulate the price of bitcoin market but it all depend on the status of the market and an example is this current market it will be hard for whales to manipulate the price cause the market will easily get back up. However, I still believe bitcoin is not too easy to manipulate like altcoin.

[DoublerHunter]

Bitcoin price can be manipulated but that is not easy to do, because it needs a huge amount before it has been an effect in the market.
Big whales can manipulate but they will not long last on this strategy because of the price that makes expensive and perhaps time to time it will bring of mass adoption and they cant able to manipulate it. However, we don't have to worry about this, time come they were tired of doing that.

[gilangIDR]

When Bitcoin still doesn't have clear regulations, Bitcoin will be very easy to manipulate. Usually large collectors will make a breakthrough aimed at gaining profit, these collectors take advantage of the panic experienced by most Bitcoin users. So with that panic is the beginning of why the price of Bitcoin is very easily manipulated. Unlike when there is a clear rule, the price of Bitcoin will be more stable.

[Gaff]

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

It definitely not hard for the whales to manipulate the price of bitcoin market but it all depend on the status of the market and an example is this current market it will be hard for whales to manipulate the price cause the market will easily get back up. However, I still believe bitcoin is not too easy to manipulate like altcoin.

Good for the whales to do that, but for small traders like us who always depends on the actual market I think that's too hard to do. We need enough funds to do the trading, and as we buy bitcoin as our additional holdings it will take longer terms to wait until it increase at profitable value. The whales cannot move their plans just as what happened from the past bull run. People started to learn from their mistakes, and won't fall on some tricky traps.

[mornabo]

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?
 

70 Billion dollars still not small amount to manipulate and it was more than 10 times when we are at the end of last bull run so describing based on the current market prices is not  good.The number of people involved on the crypto investments is very less when compared to traditional stock investments were most of the big company have their investments.

Bitcoin can be manipulated by the emotions of traders which can be done by lot of other external sources like news than investing and risking huge money.

In addition to the volume and marketcap. don't forget the size of the users, many people say that bitcoin users currently cover many countries and tens of millions of users. manipulation will not be that easy, not all user can be affected by certain ways to sell their coins so that manipulation occurs. manipulation is getting harder when the user gets bigger