Bitcoin price is controlled not just manipulated but controlled

[Kelvinid]

We don't know how OP thinks about and claiming that Bots and the person who created bots are controlling the market price.
Such allegations and claims can't be justified. I can't see how manipulations work in a decentralized form of market and most especially for bitcoin.
Bots have their own market understanding and therefore, bots can decide their own but it doesn't mean that they know everything.

[mr3dds]

This is theoretically possible. You just need to be super rich and you can affect its price dramatically. So, any one from the top 100 richest can do such control easily.

May be Buffet of Amazon's jiff.

[DabsPoorVersion]

This is theoretically possible. You just need to be super rich and you can affect its price dramatically. So, any one from the top 100 richest can do such control easily.

May be Buffet of Amazon's jiff.

It may be possible, but there is still no proof that this kind of thing is really happening.
Finding a proof for this information may be a bit hard, and if there is really someone controlling or manipulating the market, it might affect the whole market if discovered.

[airdnasxela]

Based on your title, control and manipulate is somehow similar with each other. When someone manipulated bitcoin's price, it means rhey can control it. So it's just the same. But how did you come up with that statement? Where's the proof to prove youe point?

[carlisle1]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

this is a serious accusation mate that needs proofs ,yeah manipulation is not impossible because we have whales that holds big amount of bitcoin and so altcoins,but you must have pattern about those Bots and in which exchanges this happening,for sure crypto community would love to hear specifics regarding this.but if you don't have then not to make this an isue

Based on your title, control and manipulate is somehow similar with each other. When someone manipulated bitcoin's price, it means rhey can control it. So it's just the same. But how did you come up with that statement? Where's the proof to prove youe point?

each of us are looking for proofs because of this very serious talks,hope OP will put soon for better references

[Darker45]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!

So who is behind that bots?

It could be true. But let me just state a few facts that would show that your theory is difficult to happen. There are hundreds of international cryptocurrency exchanges all over the world. And there are hundreds more local exchanges which are pretty much unknown internationally. Each of these exchanges have hundreds of trading pairs with BTC. If you want to control the BTC price with bots, you will have to infiltrate more than 50% of these pairs in these exchanges. Now, that picture makes your theory close enough to impossible.

If there are manipulators, it is the whales who are owning hundreds of thousands of BTC.  

[pooya87]

neither because those aren't the only options.
maybe back in 2010 bitcoin price was manipulated since the market size was tiny and there weren't really more than 1 major exchange by that time. nowadays the market is still small but in comparison to early years it is gigantic and more importantly there are numerous major exchanges that don't have a volume share more than 8%. nobody can manipulate or control the price in the current situation.

that doesn't mean manipulation doesn't exist though. just like any other market, bitcoin market is also susceptible to manipulations. it is the degree that keeps changing.

[Mandoy]

Crypto trading bots are not superior to the manual/human trading. Even if we use trading bots we still need to facilitate the bots since if we do not know how to use it we will end up losing our cryptocurrency. Not all the time that crypto bots brings out profitability sometimes it brings loss. So at the end it is the trader itself that needs to program the bot where to and what to buy, when to and what to sell. The only advantage of using bots is that it can run  hours without resting and without being influenced by emotions. The only downward part is that if you must have a large amount of crypto and vast knowledge in trading before engaging in using it.

[Kakmakr]

There has long been speculation and conspiracy theories about Bitcoin Whales using trading bots to manipulate the price, but nobody is giving actual proof of this. In a open market, anyone with enough money can manipulate the price of shares or commodities in that market.

The average Bitcoin price is determined by using the price from different large Bitcoin exchanges, so you will have to have a lot of money to manipulate the price on all these exchanges to be able to push the price in a specific direction. 

I think there are more than one Whale doing this, but I have no proof of that. 

[goto22]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

This sounds like a conspiracy theory more than anything else. If you said that whales are to blame — okay, sure. If you said that the government is secretly buying BTC, okay, I can understand that. But someone controlling the bots that act in accordance with parameters you set — I'm going to need some proof of that first.

[Polo7]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

This sounds like a conspiracy theory more than anything else. If you said that whales are to blame — okay, sure. If you said that the government is secretly buying BTC, okay, I can understand that. But someone controlling the bots that act in accordance with parameters you set — I'm going to need some proof of that first.

Did I mentioned government?? 

No I did not! 

But Yes Everybody knows Now its a bots huge Network of botnets

[FlamingFingers]

Who ever created Bitcoin knows how to manipulate.

Simple:)

Your perspective is totally wrong,  no one has a sole controls over bitcoin market,  users all around the world controls it,  not just some groups of individuals,  when ever a dump occurs,  let's assume it's been dumped by whales,  traders also panic sell making the dump to go further down,  likewise when pumping, traders FOMO buying.  That's how it works

[Aying]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

Yes, there are bots and we know there are also market manipulators. but bots are not enough to manipulate price. outside market also have manipulators not just bots in markets. the one that manipulate us is the news spreading all over the site and socialmedia. huge well-known people who advertise BTC and their prediction. so bots are not totally enough to manipulate the price of the market.

[samcrypto]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

Its not, bitcoin is not being controlled by the bots becayse bots are just there for a busy trader and of course those traders play the game according to their plan. The price moves by the demand and the supply, if you have more holdings then you can pump or dump the market but I’m sure it wont last since many whales are also in the market, not all thinks the same way to trade.

[Apes]

your theory about bots use might occur if all exchanges collaborate to commit fraud to cryptocurrency users,
I support what the OP says because there is no guarantee they won't do manipulation.
because so far there are no people or agencies that oversee the cryptocurrency exchange operations

[imstillthebest]

Its not, bitcoin is not being controlled by the bots becayse bots are just there for a busy trader and of course those traders play the game according to their plan. .

bots are useful or can be devastating depending on the user  . your right , busy traders use bots and this kind of traders are sometimes big time traders which is mistaken as a whale that manipulates the market .

How sure are you that bot controls the market price of Bitcoin?  You should provide enough information regarding this claims to make people understand why you have an assumption on the price of Bitcoin been controlled. we all know that the price of bitcoin is mostly controlled by people with huge amount of bitcoin but not bot, so why are you saying the opposite??

yes price is controled by people but people that trades can use bots because they cant watch the market on most times  . like op , other people also suspect that exchanges are invaded by bots and they both think that these bots are responsibe for the ups and downs but not just bots , regular traders that trade manually are also included on the manipulation  .

[hypersonic1]

The truth about manipulation is that no matter how much of a whale you are or even how many synchronized trades bots can make, manipulation is a short term game and wille ventually fail.

The Bitcoin market despite being newer is large enough to roll over manipulation when the waves truly break on the shore. The bigest example would be the falving next year. The market HAS to go up. More than likely by next christmas anyone with some coin should be giggling.

[Janation]

Bots are controlled by the program its programmer programmed into that programmable Bot.

I hope I made someone's day, not expecting though.

Bots will be bots and they will be doing what they are programmed for. I don't think we should even dig deeper about this since we all know this is a bit of an over digging about these Bots controlling Bitcoin. I don't know if someone would agree to me but the OP sounded like someone from the government asking Mark Zuckerburg how the internet works.

[Andrews193]

This is theoretically possible. You just need to be super rich and you can affect its price dramatically. So, any one from the top 100 richest can do such control easily.

May be Buffet of Amazon's jiff.

It may be possible, but there is still no proof that this kind of thing is really happening.
Finding a proof for this information may be a bit hard, and if there is really someone controlling or manipulating the market, it might affect the whole market if discovered.

Although there is no clear evidence of price control but the feeling for this is very genuine because if only some people feel and tell this story, we may not be too believing and think they are just saying bullshit, the actual situation has said the opposite, so many people feel the control and manipulation in bitcoin. But even if a lot of people find out, this game is going on in the most normal way, they understand that this control is always an opportunity to achieve good profits, it's important that we swim in the right direction

[0t3p0t]

Bitcoin and Other crypto bots controlling the btc price.

Bots are start buying at some spefic time.

WHO ever control those bots have control over bitcoin price!


So who is behind that bots?

I think we users are the one who controls the Bitcoin market because it's movements will always depends on our emotions and desire wehter we buy or sell. That is I think near to accurate speculation regarding the topic take note that we created bot for us to be more convenient. Prices can be manipulated by big players therefore we are the one to be behind all this.