Is Bitcoin Too easy to manipulate?

[shoreno]

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

Add in the the price of bitcoin  .  btc price is now expensive and the time will come that the price can grow more evenly due to the growing adoption  .  now if the price is already expensive i dont think that someone can easily bought it . thats only a reason that bitcoin is really hard to manipulate .  speaking of manipulation , manipulation isnt a bad thing because it also helps investors to purchase more coins if ever manipulators dump the price of a certain coin .

[Caladonian]

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.

But that's also the reason why investors are still striving to this investment currency, taking chances with each movements, from both bull and bear wise investors can possibly take profits, it so happen that those big fat whales is much wiser than newbies who just wanted to take a try without knowing the grounds inside this industry, so it's very in need to be more precise with each position to take it's not manipulations but another good strategy to work on with your money.

[BitcoinPanther]

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media.  They need to sync these in order to manipulate Bitcoin.  And with the money of these whales I guess it would be easy for them to manipulate Bitcoin.  They have the resources, the contacts and the backing.

[AjithBtc]

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media.  They need to sync these in order to manipulate Bitcoin.  And with the money of these whales I guess it would be easy for them to manipulate Bitcoin.  They have the resources, the contacts and the backing.

Once bitcoin was easy manipulative, this happens when whales contributing to the market tend to move a big volume of funds. Along with the same negative news, ban of bitcoin by governments, each and everything will be circulated among the common users. This initiates a panic among the common people fearing about crash of the market. Now people were much aware and intend to stay active avoiding price collapse.

[Shinpako09]

I don't think so but the so called whales can make an impact. If there's an easy to manipulate here, those are the people with weak hands. In that way, others or big players rather can easily make the situation in favor with them because of those weak hands doing what others wanted. If btc was easy to manipulate, then it should be anyone can, but it's not.

[2chase]

Bitcoin is the most capital-intensive currency among all existing cryptocurrencies, so I'm not sure that it is easy enough to manipulate its price, but for those who have great resources, this task may not be so difficult. People in whose hands huge funds are concentrated - they can do what we see as incredible.

[Osarman]

I don't think bitcoin can be easily manipulated compared to other coins we have in the market because it has a good volume and it will take a lot of money to manipulate the bitcoin market, though I can't say it is impossible because we have whales in the space who have a lot of money and just investing huge amount of money in the bitcoin market can actually manipulate the price of bitcoin, this is very rare unlike other coins.

[upsidedown75]

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media.  They need to sync these in order to manipulate Bitcoin.  And with the money of these whales I guess it would be easy for them to manipulate Bitcoin.  They have the resources, the contacts and the backing.

For the price we have bitcoin now, it will be hard for any of those institutions to manipulate the market again because I don’t see any form of dumping that will cause a price crash other than the one it is now and if they are coming in newly because I believe some of them are not in the system yet, their action will end up causing prices to go up because the only way they can really manipulate bitcoin is through fund, bad news cannot do any more damage to the system, government policy cannot in any way have effect our a system that is decentralized and have no control over. So, it will be quite impossible for any form of manipulation to really work on the coin now.

[BigBos]

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media.  They need to sync these in order to manipulate Bitcoin.  And with the money of these whales I guess it would be easy for them to manipulate Bitcoin.  They have the resources, the contacts and the backing.

well, whether it's easy or not. too many conspiracies like that, sometimes it's supported by FUD. whether it's easy or not, I think it's not good to do. and of course it will harm the perpetrators, and also others.

[iv4n]

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media.  They need to sync these in order to manipulate Bitcoin.  And with the money of these whales I guess it would be easy for them to manipulate Bitcoin.  They have the resources, the contacts and the backing.

well, whether it's easy or not. too many conspiracies like that, sometimes it's supported by FUD. whether it's easy or not, I think it's not good to do. and of course it will harm the perpetrators, and also others.

You don`t get it, it`s not supported by FUD, this groups in BitcoinPanther coin the mment are creating FUD, they have soldiers who do that everyday. In theory you can manipulate with everything, in reality things are different. Like BitcoinPanther said for huge manipulation you need many people and groups involved. I don`t believe that someone, anyone can fully manipulate with bitcoin, actions from already mentioned groups affect price movement, but nobody can manipulate with bitcoin 24/7 on the global level.

[LimLims]

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?
 

Not only Bitcoins, but also all the cryptos can manipulate if we take and consider everything seriously.
First of all you need to make sure that Bitcoin is a stable coin,  that means it fluctuates in the price very less.
So there are less chances of going ups and downs.
Moreover it will be beneficial if we invest in bitcoin then it will be profitable.
Bitcoin is a stable coin and it is guaranteed to make profit with it.

[justspare]

it`s not supported by FUD, this groups in BitcoinPanther coin the mment are creating FUD, they have soldiers who do that everyday. In theory you can manipulate with everything, in reality things are different. Like BitcoinPanther said for huge manipulation you need many people and groups involved. I don`t believe that someone, anyone can fully manipulate with bitcoin, actions from already mentioned groups affect price movement, but nobody can manipulate with bitcoin 24/7 on the global level.

The major thing that affects the price movement of Bitcoin is fund, it is either they move in fund or they move out fund, we have some super rich people who are playing smart and can move large amount of fund within bitcoin at once.

I mean one person and it will have serious effect over the global market, what do you think will happen if we have an investors called SHANTEL and MR shantel decides to move in 1 billion dollars into the cryptocurrency at once, do you think this act alone from 1 person is not enough to price increase on global level, and what if after a period of time, MR SHANTEL decides to MOVE out his fund after getting probably 30% increase on it overtime, we see big dump and panic sell going round.

But, reason why this can’t happen now is that major investors we have are matured investor that would hold their coin for a very long term and would not allow FUD control them.

[ShowOff]

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?
 

Not only Bitcoins, but also all the cryptos can manipulate if we take and consider everything seriously.
First of all you need to make sure that Bitcoin is a stable coin,  that means it fluctuates in the price very less.
So there are less chances of going ups and downs.
Moreover it will be beneficial if we invest in bitcoin then it will be profitable.
Bitcoin is a stable coin and it is guaranteed to make profit with it.

As long whales want to manipulate a coin, they will. That is why crypto can be very fluctuate but my hope for now maybe bitcoin not get pump and dump scheme again like in past. Maybe stable movement but steady is good.

[bitcoin31]

Manipulate bitcoin price, maybe yes or not depends on the situation. Because last year panic seller manipulate the value of the bitcoin to decreased the value of the bitcoin.  But in the year 2017 investors manipulate to rised the value and that's gonna happened. The only can manipulate the value is the investors what kinds of investors you are is either rich or not buy simple buying and selling bitcoin they have effect.

[hungsanh2512]

I don't think so because if Bitcoin is susceptible to manipulation, many organizations and many people will be able to proceed. Bitcoin has a very high market capitalization and value. I think Bitcoin in USDT can only happen when the crypto market When Bitcoin decreases people buy into aim and trade exchange rate differences so there is no reason to say Bitcoin is manipulated. When Bitcoin increases, the number of USDT users does not increase.

[JohnBitCo]

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

Add in the the price of bitcoin  .  btc price is now expensive and the time will come that the price can grow more evenly due to the growing adoption  .  now if the price is already expensive i dont think that someone can easily bought it . thats only a reason that bitcoin is really hard to manipulate .  speaking of manipulation , manipulation isnt a bad thing because it also helps investors to purchase more coins if ever manipulators dump the price of a certain coin .

Total Market cap of bitcoin and crypto is very less and whales can easily buy a big amount of bitcoins with which they can manipulate the market. A pump / dump of 500 - 1000 Bitcoins is enough to  manipulate the market.
Once the marketcap of crypto is increased and crypto is widely spread, only then it will be difficult to manipulate the market.

[minersday]

It is very easy to manipulate Bitcoin because of the decentralized nature of the entire blockchain portfolio but certain conditions need to be met in order for someone or a group to manipulate it.  The first condition is that, the person who wants to manipulate Bitcoin needs to own not less than 40% of the amount of Bitcoins in circulation in the crypto ecosystem and the crypto market. With that, you can control the market value of Bitcoin at any moment in time. The second condition is that, you need to be very active on every active and big exchange platforms to monitor every activity going on with regards to Bitcoin trading. But the key factor needed to manipulate Bitcoin trading is you owning huge amount of Bitcoins.

[BeGoods]

Bitcoin is the most capital-intensive currency among all existing cryptocurrencies, so I'm not sure that it is easy enough to manipulate its price, but for those who have great resources, this task may not be so difficult. People in whose hands huge funds are concentrated - they can do what we see as incredible.

With huge funds its possible? the total market capitalization is only 70 million dollars. and you know there are a lot of people in this world who have more money than that. but we know that bitcoin with a limited supply has spread to many users, so the answer will be two, it can be easy and difficult

[Pursuer]

the answer is too easy. if bitcoin was really "too easy" to manipulate then the price should have never moved the way it has been moving 80% of the history of bitcoin. instead it should have been constant pumps and dumps because that is the real way you manipulate a market and make money. what we have is some manipulation while the market moves logically for the rest of the times and the bigger the market gets the harder it is getting for whales to manipulate it but it has not yet gotten big enough to have no manipulation.

[barbara44]

the answer is too easy. if bitcoin was really "too easy" to manipulate then the price should have never moved the way it has been moving 80% of the history of bitcoin. instead it should have been constant pumps and dumps because that is the real way you manipulate a market and make money. what we have is some manipulation while the market moves logically for the rest of the times and the bigger the market gets the harder it is getting for whales to manipulate it but it has not yet gotten big enough to have no manipulation.

That’s right and if the market continue to improve this way without the input of the whales will really be a good thing for the cryptocurrency.

It might take a little time for us to reach the higher price we want to see but the waiting will be worth it and also benefit all bitcoin holders than whales pump that are very fast and gets dumped quickly which will only make those who were lucky to catch such pump them winners while the ones that were slow to act losers but this normal way of it growing will give chance to both losers, and winners. By this time next year, the market should have fully be green for the next halving too.