Zeke_23
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October 15, 2019, 12:30:55 PM |
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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. Its users are the one who controls it, the more you have been holding a bitcoin, the more control you have, whales actually can move the price of bitcoin if they want to, and that is where manipulation of the market will flow. Us, users are actually the one who moves it.
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darkangel11
Legendary
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Don't let others control your BTC -> self custody
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October 15, 2019, 12:31:03 PM |
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I hope that you all understand that price cannot be controlled. It can be manipulated but this manipulation has at least 2 limitations. 1. the number of coins on exchanges available to be traded 2. the funds the manipulators have.
There's only a small part of total supply that is traded on exchanges. The rest is held or traded otc. Even from that small amount can be bought. Your first trade can deplete some orders but others have to follow with their orders for you to be able to do anything.
Not many people have enough money to manipulate the price and nobody has enough to control it, even the government.
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Reid
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October 15, 2019, 12:58:04 PM |
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Proofs and facts, show it. We need that to be sure of everything. We cannot just shout everything that we speculate and yet we have nothing to back it up. You said it already, those are bots. How come they could control the market with just being set by someone else. Also, that is difficult to do.
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fabiorem
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October 15, 2019, 01:11:48 PM |
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There are bots on both sides of the fence, so I dont believe its controlled. However, those with more money try to manipulate it.
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Polo7 (OP)
Jr. Member
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Activity: 392
Merit: 7
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October 15, 2019, 01:17:33 PM |
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Proofs and facts, show it. We need that to be sure of everything. We cannot just shout everything that we speculate and yet we have nothing to back it up. You said it already, those are bots. How come they could control the market with just being set by someone else. Also, that is difficult to do.
Bots are setted up by stable coins pairs with btc. Bots will make buy orders If they want to price to go up and sell when they want to price to go Down!!
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AliMan
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October 15, 2019, 02:07:04 PM |
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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. Its users are the one who controls it, the more you have been holding a bitcoin, the more control you have, whales actually can move the price of bitcoin if they want to, and that is where manipulation of the market will flow. Us, users are actually the one who moves it. Users were just following the way on how the whales could dominate them in terms of market adoption. Whales could do more impossible things on crypto, they'll create hype, and other ways to poison the minds of every people. Wrong information feeding is their act of manipulating people, and if they're using money to make certain ideas that could convince people or even threatened them for something, which leads other to panic selling.
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BChydro
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October 15, 2019, 02:53:01 PM |
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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. The price of bitcoin is controlled by the users and there is no objection from anyone but you cannot invest in a market with emotions and earn any profit, market analysis and market entry is more important and if you are careful on that aspect then there is nothing that can emotionally force you to sell. When the bear market started i went completely the opposite direction, sold my coins at a profit and then wait for the bear market to settle and then reinvested again and i do not watch the market regularly as i have my target and hence the volatility and the small crashes will not trouble me. 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.
I was thinking that you are going for an alien theory here . Humans controls the market but there are sectors and sections and then there is the unknown in every market, i am telling this because no one can exactly predict at what point the market moves .
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Polo7 (OP)
Jr. Member
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Activity: 392
Merit: 7
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October 15, 2019, 03:15:56 PM |
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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. The price of bitcoin is controlled by the users and there is no objection from anyone but you cannot invest in a market with emotions and earn any profit, market analysis and market entry is more important and if you are careful on that aspect then there is nothing that can emotionally force you to sell. When the bear market started i went completely the opposite direction, sold my coins at a profit and then wait for the bear market to settle and then reinvested again and i do not watch the market regularly as i have my target and hence the volatility and the small crashes will not trouble me. 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.
I was thinking that you are going for an alien theory here . Humans controls the market but there are sectors and sections and then there is the unknown in every market, i am telling this because no one can exactly predict at what point the market moves . Yea right.... 😀
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doomistake
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October 15, 2019, 03:18:37 PM |
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Your perspective on the market is wrong. You shouldn't interpret market price/price action as manipulation or control over an asset price. The charts simply represent the equilibrium between buyers and sellers over a specific period of time. Bots are nothing else than programs that automate trading strategies. There are a lot of different bot types like market-makers, trend following bots, etc. But they don't do anything else then follow the trading rules written in a programming language. It all resumes to this: if there are more buyers in the market then you will see price go up and vice-versa. This is just my 2 cents..
I agree. Bots are merely programmable software that's been created and provided by a certain exchanger which helps their Traders to trade in a convenient way if they are tired and want a break from Trading, even my friend creates his own bot for Trading using Java script, this ain't Iron Man jarvis AI to control and manipulate the market, you could also do it if you are going to study some programming languages that could make bots.
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teosanru
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October 15, 2019, 04:55:58 PM |
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Then do you really think trading bots made by them or someone can really manipulate the bitcoins price? I get it that there is an existing price manipulation but using bots as an example of the one who is manipulating bitcoins price is not considerable. Bots can't work like that, yes they were used to do simultaneous trades but for controlling the price no. It will cost them more than just a bot to do that.
Actually bots just follow the algorithms on which they are created. But generally these algorithms themselves are constructed in a shady manner and take in certain variables which can manipulate the market. Anyone who has a 4-5%of daily exchange volume can easily manipulate Bots generally do this by laddering buy sell order at difference of points thus pushing price up or down. I believe its right, Bots can possibly manipulate a small portion of the market. Whales plus the bots that they are using can control the market lightly and it can help them to win a trade war. Every time a trader does buy and sell into the market makes a very small change on its price especially if a snowball effect comes through that makes the market prices change and it can catch the trader's attention that will possibly join the snowball effect. Obviously they do this because of the snowball effect generally when there is some major happening for example a Moving Average crossover we generally just need an ignition for the coin to go up this ignition is created by these bots who ladder up their buys of high quantities making people believe that the market course has reversed and after this things settle these whales are the first ones to book profit because they had brought so low. This is why we generally see tiny corrections after such a giant move it's the whale selling off their buys.
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Quidat
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October 15, 2019, 05:28:45 PM |
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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?
Reading up this statement do somehow give me some laugh.On what aspect where these bots controlling the price? Bots are for automation which had been set up by traders itself so it will always vary on buy and supply thing. They can easily fill out orders according on whats being set so i dont see any manipulation on here.This is why its much better to read up some about how Trading bots do works.
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Dabs
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The Concierge of Crypto
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October 15, 2019, 05:39:33 PM |
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Exchanges publish apis precisely so bots can work on them. Even if they did not publish the apis, bots will eventually find their way to work on exchanges by simulating mouse clicks. The apis just make it so that bots are somewhat controlled, and its easier to program for them.
Exchanges like bots, because they are treated just like any other user or trader and take fees from the transactions.
Price is no more affected by these than any other trade. Supply and demand affect price. Economics affect price. People (and bots) buying or selling affect price.
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pixie85
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October 15, 2019, 10:10:25 PM |
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Bots are rather making money for themselves not pumping just to dump later. This is very risky because you have to make others follow your trades. If a bot keeps buying into a wall it will never get anywhere.
People are manipulating the price that's for sure but I doubt the bots are responsible. Bots are buying and selling small amounts of crypto to keep making pennies on every trade. Those who manipulate the market do it with millions.
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Wexnident
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October 16, 2019, 07:37:13 AM |
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Any proof you have to support your statement? Some big players may use bots to trade simultaneously in more than one market so that they can take benefit of price difference. But to control the market, it requires much more than a bot! Market manipulation is easier said than done!
Have you noticed any such pattern?
Who ever created Bitcoin knows how to manipulate. Simple:) What an ingenious reasoning that is backed up b facts and details that were meticulously researched upon by hundreds of people. Please. Before making an argument, at least learn how to bloody answer one. Whales may use bots but they only schedule buys and sells at the time. I doubt that those types of movements would be enough to call the market "controlled". Bots are automated. They're only for the sake of trading so that users wouldn't need to buy or sell coins themselves 24/7. Bitcoin or crypto, in general, is called "decentralized" for a reason you know. Sure, we've seen countless manipulation in the markets by now but those would be done by the whales since they have the ability to own the majority of the market. But telling us that Satoshi uses bots to control the market? Please. At least come up with something more interesting than that.
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Polo7 (OP)
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Activity: 392
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October 16, 2019, 08:17:11 AM |
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Any proof you have to support your statement? Some big players may use bots to trade simultaneously in more than one market so that they can take benefit of price difference. But to control the market, it requires much more than a bot! Market manipulation is easier said than done!
Have you noticed any such pattern?
Who ever created Bitcoin knows how to manipulate. Simple:) What an ingenious reasoning that is backed up b facts and details that were meticulously researched upon by hundreds of people. Please. Before making an argument, at least learn how to bloody answer one. Whales may use bots but they only schedule buys and sells at the time. I doubt that those types of movements would be enough to call the market "controlled". Bots are automated. They're only for the sake of trading so that users wouldn't need to buy or sell coins themselves 24/7. Bitcoin or crypto, in general, is called "decentralized" for a reason you know. Sure, we've seen countless manipulation in the markets by now but those would be done by the whales since they have the ability to own the majority of the market. But telling us that Satoshi uses bots to control the market? Please. At least come up with something more interesting than that. U Sounds like u are one of the Controllers Why You try to defend them?
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buwaytress
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Join the world-leading crypto sportsbook NOW!
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October 16, 2019, 09:11:03 AM |
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There are bots on both sides of the fence, so I dont believe its controlled. However, those with more money try to manipulate it.
Bots, whales, miners and exchanges definitely. Like you said, though, they are all on both sides of the fence (though I'd wager there are more sides on a very complicated fence!). And sure, everyone wants their piece of the cake and will do their best to get the largest piece possible. Name of the game, really. You got to allow and even encourage market control for it to be self operating. Ironically, most market regulators think they can't have enough control over the bitcoin market. Hence, the rejections of derivatives applications;)
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familiaverde
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October 16, 2019, 09:43:22 AM |
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Bitcoin price is manipulated controlled means when you keep a control on the daily changing and try to keep it minimum. In case of BTC bots just do the opposite they are instead giving BTC much more volatility and shocks. We see 15-20% movements every day which are really too much to handle some times.
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Kelvinid
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Activity: 2828
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win lambo...
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October 16, 2019, 12:22:47 PM |
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People are manipulating the price that's for sure but I doubt the bots are responsible. Bots are buying and selling small amounts of crypto to keep making pennies on every trade. Those who manipulate the market do it with millions.
As I see so. Nothing has to be blamed for this volatility, not the whales but we are the ones. I don't think bots can do better than us but some traders found it more useful today especially when we have a job that needs to fulfill. And thinking that we used to manipulate the market prices, I don't think so. Bitcoin remains decentralized and I believe that's the reason why people trusted this one.
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Ridwan Fauzi
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October 16, 2019, 01:37:19 PM |
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Yeah it was manipulated but I guess the people who can be able to manipulated it just for those who have a regulation, not bot, not whales as you may thinking. As you may know the movement price of bitcoin is depend on the user itself and the user will decide to sell and buy based on speculation and speculation will come from the development of bitcoin itself and also the regulation from government or some companies who have a popularity. I won't think bad for the user of bitcoin, because bitcoin has the current price just because of them and there is no single person who can do that.
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RealMalatesta
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October 17, 2019, 03:35:42 PM |
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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 would not want to believe this mate, I am not doubting you completely but just my personal opinion because I know that we have thousands of people that are holding bitcoin, and not many of them even knows how to use bot for price manipulation, only the whales do manipulate price and it is also few of them that uses bot, and moreover, I don’t think that they really need bot to manipulated the market if they really have the fund. All they have been doing to create panic sell to buy the coin while the create FOMO price for them to sell and exit the market, so if you are looking for whoever is manipulating the market, you may not really get an answer to that which you are looking for mate. Just learn to flow along with the manipulation and you will make your own profit from it also.
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