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Topic: Altcoins price can be manipulate? (Read 4992 times)

member
Activity: 98
Merit: 10
May 17, 2017, 06:29:25 PM
Profits to be made. Absolutely most of the time altcoins are manipulated whale action. Ride waves with whales, just don't get left behind or get feasted by sharks.
legendary
Activity: 3052
Merit: 1281
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May 17, 2017, 05:44:57 PM
I don't think so if the altcoins were manipulate. But in my opinion I think it's not because if the altcoins were manipulated the trust of users to altcoins were vanishing due to unfair treatment.

I wonder why you do not think altcoins were manipulated.  They are manipulated, even bitcoins are manipulated.  Probably you have not traded deeply yet in altcoins but if you do, you will change the way you view things about altcoins.  So I guess my advice is venture in altcoin trading to know more about cyrptocurrency manipulation.
hero member
Activity: 630
Merit: 500
May 17, 2017, 05:20:26 PM
I don't think so if the altcoins were manipulate. But in my opinion I think it's not because if the altcoins were manipulated the trust of users to altcoins were vanishing due to unfair treatment.
hero member
Activity: 3080
Merit: 603
May 16, 2017, 04:02:12 PM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
For sure they can do it and I just don't have an idea on what specific alt coin they are going to play. But I know there is a market for those whales and possibility that they will also conquer the alt coin market. We saw on how some alt coins are moving faster and that's an indicator that the price of an alt coin can pump because of them.

I think they even have a group here and an announcement thread in the forum too.  Though I have no idea what are they capable of.  I think this group try to pump and dump coins to get a huge profit from unsuspecting traders.  With this all coins that are trading can be subject to manipulationg a.k.a pump and dump activities.

I don't have an idea if they are going to show or there is an exposed thread about it. For sure they have chat group, maybe in skype or in telegram or somewhere else where everyone of their members can get a proper signal on when they are going to manipulate or do volumes of buy for a certain alt coin and as well as sell.
legendary
Activity: 2954
Merit: 1153
May 16, 2017, 03:37:00 PM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
For sure they can do it and I just don't have an idea on what specific alt coin they are going to play. But I know there is a market for those whales and possibility that they will also conquer the alt coin market. We saw on how some alt coins are moving faster and that's an indicator that the price of an alt coin can pump because of them.

I think they even have a group here and an announcement thread in the forum too.  Though I have no idea what are they capable of.  I think this group try to pump and dump coins to get a huge profit from unsuspecting traders.  With this all coins that are trading can be subject to manipulationg a.k.a pump and dump activities.
hero member
Activity: 3080
Merit: 603
May 16, 2017, 03:25:34 PM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
For sure they can do it and I just don't have an idea on what specific alt coin they are going to play. But I know there is a market for those whales and possibility that they will also conquer the alt coin market. We saw on how some alt coins are moving faster and that's an indicator that the price of an alt coin can pump because of them.
hero member
Activity: 3010
Merit: 794
May 16, 2017, 01:19:06 PM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
there's a distinguish between PND and good quality coins and mostly whales are the ones  who earned a lot, since they now how to work with crypto they can easily move the price pumped and dumped coins are just around the corner and easy to manipulate unlike good quality project that have good plan and progress.
Thats not always the case because there are whales do jump up on good potential coins and testing out its capability when a certain dump happen into it.Some or most coins after a huge dump do have a hard time on recovering up or completely dumped and dead all the way but there are coins who stood up still which even whales cant easily killed it and when that happen they do really buy up again when they saw that coin do still have the chance on pumping again its price which they saw as an opportunity again.
To add to it some altcoins are just really made to be manipulated. Starting from their ICOs the devs are already loaded with their own Altcoin preparing for it to be dump when the price looks goods to them in which they are also the reason why it is increasing at that time. Its not only a one case scenario as a lot of Altcoins are doing a pump and dump technique in which they are leaving the investors behind.
True, thats why we can able to see there are lots of dead or shitcoins on crpyto world because of this kind of scheme on most coin makers in the market which they do just plan to make their own money on their pockets from their investors money.Its the sad reality thats why we should always seek for transparency of a certain project before we decide to put money on it.
sr. member
Activity: 350
Merit: 250
May 16, 2017, 11:22:41 AM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
there's a distinguish between PND and good quality coins and mostly whales are the ones  who earned a lot, since they now how to work with crypto they can easily move the price pumped and dumped coins are just around the corner and easy to manipulate unlike good quality project that have good plan and progress.

Totally agreed. You're pointing out an important thing that everybody needs to pay attention. Altcoin prices can be manipulated by the groups having big funds. This is called pump and dump, you know.
hero member
Activity: 1806
Merit: 672
May 16, 2017, 10:10:34 AM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
there's a distinguish between PND and good quality coins and mostly whales are the ones  who earned a lot, since they now how to work with crypto they can easily move the price pumped and dumped coins are just around the corner and easy to manipulate unlike good quality project that have good plan and progress.
Thats not always the case because there are whales do jump up on good potential coins and testing out its capability when a certain dump happen into it.Some or most coins after a huge dump do have a hard time on recovering up or completely dumped and dead all the way but there are coins who stood up still which even whales cant easily killed it and when that happen they do really buy up again when they saw that coin do still have the chance on pumping again its price which they saw as an opportunity again.
To add to it some altcoins are just really made to be manipulated. Starting from their ICOs the devs are already loaded with their own Altcoin preparing for it to be dump when the price looks goods to them in which they are also the reason why it is increasing at that time. Its not only a one case scenario as a lot of Altcoins are doing a pump and dump technique in which they are leaving the investors behind.
hero member
Activity: 3010
Merit: 794
May 16, 2017, 09:32:54 AM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
there's a distinguish between PND and good quality coins and mostly whales are the ones  who earned a lot, since they now how to work with crypto they can easily move the price pumped and dumped coins are just around the corner and easy to manipulate unlike good quality project that have good plan and progress.
Thats not always the case because there are whales do jump up on good potential coins and testing out its capability when a certain dump happen into it.Some or most coins after a huge dump do have a hard time on recovering up or completely dumped and dead all the way but there are coins who stood up still which even whales cant easily killed it and when that happen they do really buy up again when they saw that coin do still have the chance on pumping again its price which they saw as an opportunity again.
legendary
Activity: 2996
Merit: 1054
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May 16, 2017, 09:26:31 AM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
there's a distinguish between PND and good quality coins and mostly whales are the ones  who earned a lot, since they now how to work with crypto they can easily move the price pumped and dumped coins are just around the corner and easy to manipulate unlike good quality project that have good plan and progress.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
May 16, 2017, 09:16:43 AM
Yes, I agree with you, if the big players are able to play the price of some altcoin, then this possibility is already planned, then it is unlikely the coin will be dumped, and this is not interesting anymore.
hero member
Activity: 742
Merit: 500
May 16, 2017, 09:02:38 AM
Is it true, Altcoins price can be manipulate?
I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world.
If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
See you should know that altcoins marketcap is small when compared to bitcoin.So big whales can easily manipulate altcoin market with their coins.But if you know when to enter and exit during pump and dump,then you can make huge profits.Thats why altcoin trading is not a children's game.It needs more skills to survive.
sr. member
Activity: 812
Merit: 253
May 16, 2017, 08:22:09 AM
#99
I'm not sure about the term "manipulated" but I'm sure whales are playing the pump and dump of altcoin trading.
hero member
Activity: 798
Merit: 500
May 16, 2017, 07:53:19 AM
#98
Is it true, Altcoins price can be manipulate?
I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world.
If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.

thats is fact in this cryptocurrency world,, big player always play the game,,
but in forex trading this is happend too,, so not only in crypto world


that is the saddest part in this cryptocurrency world. A powerful one can control things that they want. Im just hoping that they will be fair on it.
legendary
Activity: 1484
Merit: 1001
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May 16, 2017, 06:47:07 AM
#97
I think it can be manipulate. Big whales can buy huge amount of specific altcoin and dump it when its done pumping. LTC is a good example. Most of LTC holders are chinese. They can easily pump and dump it whenever they want. I analyzes things first before jumping in. I dont jump on peak which is dangerous.

You made good example cuz its true especially on litecoin. On some others there were also talks but nothing that can be said it 100% true like in LTC case.
Most think if they follow volume they will make profit, that is true but is some cases you can sell them and then you are busted.
hero member
Activity: 1148
Merit: 500
May 15, 2017, 10:02:10 PM
#96
I think it can be manipulate. Big whales can buy huge amount of specific altcoin and dump it when its done pumping. LTC is a good example. Most of LTC holders are chinese. They can easily pump and dump it whenever they want. I analyzes things first before jumping in. I dont jump on peak which is dangerous.
sr. member
Activity: 784
Merit: 251
May 15, 2017, 09:50:25 PM
#95
All Altcoins can be manipulated.The whole market is controlled by only a few people and institutions.They can fall the price or rise it at will.
I have been observing price of some Altcoins since last months and I have noticed some coins are increasing rapidly without any reason while others falling again without any reason and after some days this cycle changed and now falling coins are rising and vice versa.
Yes, I think there is someone who can manipulate altcoin prices, I think it is very detrimental to someone who does not understand well about trading.
hero member
Activity: 602
Merit: 500
May 15, 2017, 05:22:56 PM
#94
All Altcoins can be manipulated.The whole market is controlled by only few people and institutions.They can fall the price or rise it at will.
I have been observing price of some Altcoins since last months and I have noticed some coins are increasing rapidly without any reason while others falling again without any reason and after some days this cycle changed and now falling coins are rising and vice versa.
full member
Activity: 149
Merit: 100
May 15, 2017, 05:12:37 PM
#93
Well bitcoin price can be manipulated too, its not just altcoins. The main difference is alts have lower volume so require less to manipulate plus a lot of eager idiots throwing money at anything in hopes to hitting the jackpot.
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