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Topic: Altcoins price can be manipulate? - page 4. (Read 4931 times)

hero member
Activity: 910
Merit: 525
April 26, 2017, 08:45:25 PM
#52
And the final questions about this is, do you agree at all with this pump and dump activities? Wether you are benefited or harmed?
As I see from the members post, everyone said like everything is okay with this condition
hero member
Activity: 1428
Merit: 506
April 26, 2017, 08:43:02 PM
#51
This is what I think, altcoins price can be manipulated by the developer of the coin or the big stake holder of the coins. When I learn trading I observed the dump and pump of the coins I invest in and Im curious who are the groups behind of this worked. So, Ive learned there are dump/pump group which we will not know when if would be happen.
hero member
Activity: 850
Merit: 504
April 26, 2017, 08:29:23 PM
#50
Yes, altcoins can be manipulated but which altcoins? There are many altcoins flooding out there and many of them can be manipulated whether by investor who can control majority of the coins, also the devs can manipulate and the pump and dump group Smiley
hero member
Activity: 826
Merit: 1004
April 26, 2017, 08:19:38 PM
#49
Ever heard of something called dash who's price increased from 20$ to 100$ in just a week and right after 1-2 weeks the price fell back to 50$. Eth who's price was 10$ suddenly imcreased on one fine day to 44$. Ltc who rised for 3.62$ to 14$ in 2 weeks. The reason all this can happen is because altcoins have a short marketcap compared to bitcoin so manipulation is easier when compared to btc.
legendary
Activity: 1666
Merit: 1001
April 26, 2017, 08:11:14 PM
#48
the answer is yes, crypto currencies and forex has a different factor to determine the price, since crypto currencies is decentralized so the one that determine the price is the market and alt coin with a low transaction rate can be easily manipulated, that is why some people don't want to invest their coin in alt coin and this make investing in alt coin become more risky, coin with a high transaction rate will be harder to manipulate
hero member
Activity: 1610
Merit: 507
April 26, 2017, 08:01:28 PM
#47
i am sure that altcoin can be manipulate as we can see in the market that suddenly the price of one coins is jump too high and its stable for a while and then the price is suddenly back into the normal price. there are people that can do it with big of fund so they can make the price is increase in a second.
legendary
Activity: 2618
Merit: 1022
April 26, 2017, 07:56:40 PM
#46
There's no such thing as manipulation,  just market price people can and are willing to pay, buy and sell at, [unless an exchange is faking its data]
hero member
Activity: 2898
Merit: 567
April 26, 2017, 07:49:54 PM
#45
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.

If the coins are premine or some whales invested on ico or miners mined a lot of those coins,they can easily manipulate the price so they can pump and dump coins they are holding,so it's good for a coin if there are a lot of people holding instead of only a few ones.
newbie
Activity: 7
Merit: 0
April 26, 2017, 06:35:45 PM
#44
Low cap coins are easier to manipulate. Development teams are also sometimes involved as well.
legendary
Activity: 1302
Merit: 1002
April 26, 2017, 05:52:32 PM
#43
Here is question HOW much they are manipulated : ) because all they are.
Now even worst shitcoin get a lot of $$$ in whales buys hire devs release feature and DUUUMP on idiots.
Then whales with developers are moving to new better project.
SDC / GAME / NXT everywhere the same "we want create better system this time, tht was impossible with old one"

In reality only impossible thing was getting fresh 10m $ of ICO funding for same results HAHA
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
April 26, 2017, 05:36:45 PM
#42
If even the Bitcoin price can be manipulated, I see no reason why it would not occur with alts, which has less liquidity and worse distribution.
sr. member
Activity: 859
Merit: 251
April 26, 2017, 05:32:34 PM
#41
Every market can be manipulated. Banks manipulated the forex markets and got caught. Bitcoin whales manipulate the market. There's no exception. The key here is to know when it's manipulated.
hero member
Activity: 826
Merit: 523
April 26, 2017, 05:26:21 PM
#40
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.

Sure.  A lot of cases happen around like this:

1. Have a big amount of BTC.
2. Search for a cheap altcoin (usually around 1k satoshi or lower.
3. Lets buy it up in small pieces. It will give you a great amount of that coin and redirect some attention to the project
4. Lot of people will think that something big is coming and it is worth buying
5. After it reaches a high price, dump it back slowly.
6. Huh
7. Profit Cheesy

You didn't mention that this coin should be on Yobit, wait for them until they turn the wallet into maintenence mode, then expect a big pump.
hero member
Activity: 560
Merit: 502
April 26, 2017, 04:16:19 PM
#39
Yeah, easy to manipulate coins with lower marketcap.
It is easy to manipulate coins with large marketcap if you are a big whale. The reality is that even bitcoin is not immune to price manipulation.
Don't be naive to think that altcoin markets are healthy and 100% organic, they were created to be manipulated.
There is no economy market which is 100% resistance to manipulation, fiat based or crypto based, it doesn't matter.




hero member
Activity: 802
Merit: 501
April 26, 2017, 02:11:54 PM
#38
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.

Sure.  A lot of cases happen around like this:

1. Have a big amount of BTC.
2. Search for a cheap altcoin (usually around 1k satoshi or lower.
3. Lets buy it up in small pieces. It will give you a great amount of that coin and redirect some attention to the project
4. Lot of people will think that something big is coming and it is worth buying
5. After it reaches a high price, dump it back slowly.
6. Huh
7. Profit Cheesy
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
April 26, 2017, 01:34:44 PM
#37
Haven't you heard of buying your own coin.? Developers do that to increase the popularity of their coin and make a trap for the traders and bag holders. Some developers think about the investors and be truthful to investors otherwise most of them create altcoins to make money from money.
hero member
Activity: 1582
Merit: 523
April 26, 2017, 12:42:08 PM
#36
As far as I know altcoins price can be reallg manipulated because I beleive there is a team if pump and dump groups. Also a big whales of the coins, each altcoins has a developer. So, I do beleive  it is manipulated where done by pump and dump team.
hero member
Activity: 882
Merit: 533
April 26, 2017, 12:33:58 PM
#35
I like most of the answers here, but you all seems to consider price manipulation from tiny key hole.

There is a simple answer to the question, and it is : Yes.

Which leads to annother question: How ?

The most basic price manipulation occures un the exchange, regardless of his size. The majority of exchanges manipulates the prices or creates fake orders. It is easy to do as they have access to their database. Just open the database and put random numbers, and you are done manipulating a coin's price.

No one really needs to go any further.
sr. member
Activity: 546
Merit: 250
April 26, 2017, 12:29:15 PM
#34
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.

It is manipulated in a way to ctrl the holders. if you wont manipulate the price how you gain interest or how will it grow. it's up to you if you want to invest on it or not. Probably not as easy as it sounds this is just how the crypto world works. not always that is stagnant or at the high peek.
hero member
Activity: 2632
Merit: 544
April 26, 2017, 02:49:09 AM
#33
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.

Try to join a pump and jump group so you will know how the practice of pump and dump on alt-coins are being done mostly by the pro and some newbie traders. That's why some there are a lot of alt-coins, one reason is to get profit out of it as much as someone can then they died naturally or being de-listed.
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