Is crypto industry manipulated? How bad is it?

[1Referee]

There are whales, they have a lot of coins, they can place buy orders low at a certain price, short on a site, dump coins and buy up at the lower price while making their short and all at mass volume, thing is as buying increases i expect more and more whales to disappear.

That's not manipulation in crypto. Nowhere is that particular practice of trading referred to as such, and as long as that isn't the case these trades are legit.

People need to grow a thicker skin. Whales by default have the ability to move this market due to the thin orderbooks, but that doesn't mean it's manipulation. Also, "manipulation" to the up side is not a problem at all for people, just when it goes down. Makes sense right?  That to me is a clear indication that people still don't know when to enter. 

[1715567965]

1715567965

[royalfestus]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.

A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know  the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.

[pixie85]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

You can make a lot of USDt at low cost and buy as much bitcoin as you want with it. Then you can use it to crash leveraged positions at the same time leveraging with your real money.

Bitcoin markets are very easy to manipulate because centralized stablecoins with unknown % of backing exist and exchanges can play and even make money on leveraged trades with their client's coins. Many businesses lost by doing that and had to fake hacks and run with what they had left.

[electronicash]

all markets are manipulated. but crypto is down to its knees but those who are on top of the chain are going to make the new comers suffer for loss in years before they can finally make it. whales are not just early investors but those who are from the old market who had the money to even create their own exchange. if you can last to hold your coins, it be best to just enjoy the ride or just not touch the coin til you cash it out.

[Periodik]

Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.

Manipulation is existent to a certain extent. Even the value of Bitcoin is susceptible to manipulation given the fact that there are very rich investors. They could easily affect the price with their billions, even millions. However, we cannot say that they are really the one who dictates the whole market. Volumes are also faked in some crypto exchanges. But steps are already done to iron that out.

[crypmon259]

Yes , its is extremely manipulated by everyone including influencers, exchanges , whales, traders, bots to name few. Its not regulated by government , and even if it was still it can be manipulated in different ways. Rich always manipulate with many ways , they influence in medias talk and then let people who follows them go for it. People are complete ignorant and follow any influencers like in a blind eye , well most people do.

The so called early adopters who think and behave like they know every single thing about crypto use their experience to manipulate the peoples brain in thinking whatever they talk or show is the best one. That is how people follows them and then in the end lose everything .

Exchanges manipulates and do fake numbers big time to show very big volumes. And traders and others falls for it , that's how they grab the attention .

[Mr.Ease]

If you trade on any exchange other than the top exchanges you will obviously see the fake volumes...

As for manipulation, when something can pump 1000% and end the year -70% there is something fishy going on.

Anyone who is anyone trading will notice how jacked most exchanges are.

[pooya87]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.

A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know  the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.

actually the main problem is that most people are going overboard with their exaggeration of manipulation in this market. the fact is that manipulation exists in bitcoin market like it exists in every other market like the big ones such as gold market,... and the worst part is that whenever price falls you see everyone talking about the manipulation and when there is a rise everyone is silent because they are happy!

[shoreno]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.

A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know  the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.

your wrong . most of crypto users were actually talking about manipulation because they knew that this market is manipulated . they accept that fact but they cant do anything because manipulators are so powerful than them  . what they can only do is to just go with the flow  , buy if the manipulators dump the market and sell if the manipulators pump the market  .  i didnt think that maniipulators care about others but i think they only care about them selve's  and they do what they want to   .

[Allura74]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.

A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know  the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.

your wrong . most of crypto users were actually talking about manipulation because they knew that this market is manipulated . they accept that fact but they cant do anything because manipulators are so powerful than them  . what they can only do is to just go with the flow  , buy if the manipulators dump the market and sell if the manipulators pump the market  .  i didnt think that maniipulators care about others but i think they only care about them selve's  and they do what they want to   .

Indeed, a person with a massive holdings of a coin has the ability to change the market price of bitcoin because we all know that the price of a coin is based on its circulating supply on the market and therefore he can affect the supply and demand by pumping and dumping its holdings.

[joshy23]

If you see the alt coin section you will see there are a lot of manipulation,the whales the exchanges are controlling the price, but in famous coin like btc and ETH, its not that easy to be manipulated, because the transaction volume is huge, it need a lot of fund to be able to control it

Because there's a lots of big players to play along this might be interesting to watch out, more players more investment to flow inside the market
manipulations can be done if big players will play alongside together and it's very possible when dealing with dealing money matters.

[MonsterV]

Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.

Manipulation is existent to a certain extent. Even the value of Bitcoin is susceptible to manipulation given the fact that there are very rich investors. They could easily affect the price with their billions, even millions. However, we cannot say that they are really the one who dictates the whole market. Volumes are also faked in some crypto exchanges. But steps are already done to iron that out.

Steps have been taken to overcome them? then what steps have been taken, I have not clearly seen the steps. I even thought the person who carried out the steps was behind the existing market manipulation. Nothing is impossible right? because everyone needs money because of that there are more and more scammers.

It's just that we don't know anyone who is behind this market manipulation. It could be that the person we consider to be a believer and challenge the manipulation of this market is the person behind this.

[Astvile]

In all thing you know that are related on earning money theres someone or group of individuals who are taking control or manipulating the prices of assets,it is very common on trading platforms you cant expect an asset that moves freely there must be someone manipulating it specialy if you see rapid growth or rapid fall in prices.

[Eraldo Coil]

It is not controlled by any centralized agencies like Government or private industries. Most, but there are companies that wants to take part in cryptocurrency since it is profitable and can boost their marketing strategy. I don't think it is bad since I am profiting from the new campaigns and from my investments.

[Pyr3x]

The fact that the exchanges show the fictitious volumes of this well-known fact. I think this is done by small and medium exchanges. Therefore, in the future, decentralized exchanges will take the lead. There are no fake volumes

[Kakmakr]

Sure the Crypto currency is full of manipulation, but this is not unique to Crypto currencies. The Stock markets are full of institutional investors and people with influence that are using other people's money to manipulate markets. There are even cartels manipulating the Gold and Maize markets to influence the price and the trading volumes.

Bitcoin did not invent Wash trading / Churning / Pump and Dumps / Bear raiding / Market cornering etc.... It was invented by people trading on formal/regulated markets. 

[Janation]

The more we know, right?

I thought this too but not the fact that the exchanges are doing it. I just thought in the way that some investors manipulate so they can earn in the next movement. Never thought of these exchanges to manipulate it. But I still have the earnings and that will not go away.

[slaman29]

Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.

It can be done, of course the bigger the exchange and the more expensive the asset, then the harder it is. But that's how whales do it, or even how exchanges collaborate together (I suspect this happens). If you read about these crypto owners who get jail time, they use all the customer funds to make big orders elsewhere.

[spadormie]

This is much of a common thing and also became a doing that isn't suppose to be done but this is a way for people to trust exchanges. Exchanges are benefitting out of this and this gives them the power to garner many investors. But, at least I can see that binance is not doing the same.

[Upgrade00]

he is right.everybody knows that every exchanges especially small companies use bots and fake volume.and they are also manipulated by whales ofcourse.all i have to do is follow the trend.

Day trading is not as straightforward as following the trend, price manipulations are not as common for currencies such as Bitcoin with a very high market capitalization.
Day trading takes practice and majority would say luck to be successful.
Long term investments are a better option for those without the technical skills to trade, you simply have to buy and hodl.