BTC Futures Manipulation

[Asmonist]

We cannot deny the fact that these are really happening. Since by nature its a decentralized manipulation, those that has huge investments are more likely to dominate it. Its quite unfair or something but these people are just being who they are up to there capacity. Of course its there right and opportunity as well. If we in there position we'll surely do what they do now. Human as we are we all find ways to be great and we have no contentment. For small investors like us, we'll just do whatever we can have. In the end, we still earn even a little but most importantly we are happy of it.

[1714317129]

1714317129

[beerlover]

I agree that if its illegal or not depends on the country you are in as well, I mean some countries don't care about bitcoin at all but they do care about billion dollars going out of their own pockets (money leaving nation) so in the end you might be in trouble. Everyone is forgetting how many bitcoins or billions required to change bitcoin enough to make profit.

Like you would need "red alert" level of money to do this, no nation in the whole world would allow you to play with one billion dollars, they will ask you where that money is or what are you doing with that money. The idea at the same level could apply to a low level altcoin for example, you can pump and dump an altcoin and nobody would mind, hell people have been doing that for years now and nothing happened, however for bitcoin that is impossible.

[Baoo]

Well, Bitcoin's price is regrettably controlled by the whales, that's why the market is volatile due to they certainly have the biggest countable of Bitcoin and maybe other cryptocurrencies like, Ethereum , Bitcoin cash, Ripple. Plus, Bitcoin's future is linked to these whales and some governments like, US and China. Unfortunately, we have nothing to change and we are just watching the market and waiting for the appropriate moments in order to make the right decision ( buying in a big dip  or selling in a big pump ).

[salad daging]

Long and short positions in futures / margins are reasonable, and examples of decisions assumed by the OP by making decisions in two opposite directions in a short amount of time are also normal actions. Decisions of 1-2 whales will not permanently affect the price psychology and prices will always move in a consolidative manner, futures are contract systems, I think traders also know the difference with the others.