Topic: BIcoin Manipulation (Read 550 times)

Your deduction might be true. bitcoin hit the bottom point from $20k to $6k.
they want to buy bitcoin at low price, so they manipulate the market

It's true that a group of big whales who previously pro bitcoin have maneuvered to betray and manipulate bitcoin prices, they correlate with Tether to spread FUD, which consequently occurs panic sales between them/lay people.


Yes we can't possibly manipulate bitcoin, but for large whales that have 40% bitcoin, of course it's very easy to do so.

Bitcoin has really exceeded it capacity to be the greates buzz for the passing years in the means of banking, we can tell, its really manipulated by trusted moderators which have done their works so that the investors would trust too, negative ideas incremented.

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Yes the South Korea affects the price of Bitcoin somehow, because weakhands are buying these kind of news. I think these banning of Bitcoin news is just segway for the big whales to manipulate the price without being noticed by mediocre investors who already suspected them about the so-called "pump and dump".  But in general big players in the crypto market can manipulate the price because they are capable of throwing huge amount of money in a single coin, just imagine if they sell all their supplies, what will happen to the price? (supply and demand).

There are a lot of reasons why Bitcoin price has declined so much. I also wouldn't be surprised if it turned out that "whales" tried to lower the price as much as they could which would allow them to buy Bitcoin for almost nothing! However, it is a matter of time now before Bitcoin gets back to "normal". A lot of people are afraid that Bitcoin failed and will collapse soon. That is obviously unreasonable, there is always a huge panic when we are in the middle of the correction.

I'm not sure if it's exactly manipulated, but it's possible. I guess it's been clear South Korean governmental people were trying to influence the price and it actually worked. I guess major problem is people buy into anything here...

No, in principle you can control (manipulate) bitcoin price by throwing some large quantities into the market or buying it in large quantities, plus providing some FUD. It has been known in the past as "pump and dump" cycles and it was very common then.

Contrary to common thinking, you need only moderate amounts of bitcoin to be able to effectively change its price. That is why, and I said it earlier, we don't need to involve big sharks from Wall Street into this scheme.

I too think that these whales are affecting the pricing of bitcoins. They have so many bitcoins and they are so many whales out there that once they all made a huge dump of bitcoins, the price may probably crash or spike very hard. These whales can control the price bitcoins.

I do believe too. I think it is their startegry to manipulate so that when it booms again or bounce back they have many cyrptocurrency in their hands or bitcoins and it will make them richer than they are right now. it will benefit them more. this is also my opinion. that is why now that the price is cheaper they had an opportunity to invest in bitccoin.

Yes cryptocurrencies markets are totally unregulated so it is really plausible that whales sit together and decide when the price will go up and when it will go down (they can just agree and open a 100X long/short on bitmex)

For us common people the only available strategy is HODL 

As reported by TechCrunch, their research calls attention to the potential risk of price manipulation and fraud withing cryptocurrencies. "If bitcoin wants to be taken seriously it probably shouldn't be this easy or legal to manipulate the markets," writes John Biggs for the publication. Bitcoin’s price may have been manipulated by traders seeking to shoot the price up with suspicious activity. New research found suspicious activity in the years-old transaction logs of the ill-fated Mt. Gox exchange, which went from handling 70 percent of all bitcoin transactions to declaring bankruptcy in 2014 after losing over 800,000 bitcoins. It appears a number of accounts automatically pushed the price up with bot-powered trades.

If you want to manipulate bitcoin you have to do it through other means, by controlling the media, things like that.

How can btc manipulation. You no need invest big money but we can earn big money

It is because in the real world, they don't really care about the progress or the status of the Crypto Market, that's only beyond and away from their interests. All they want is to get as many as and as higher as their profits.
Money and profits is the only thing that drives into manipulation because investing money, time, effort to manipulate as certain thing could offer them more and higher income than just holding their Crypto Assets and doing nothing.

Manipulators could not be stopped, all we need to do is be strong and control emotions behinds those affecting news. Personally with myself I wasn't able to be move on that time when btc price at dropping stage, and sadly it wasn't easy for me to maintain my patience during those challenging days. Those whales really did a huge impact with the market manipulations and the effect is with small investors who had panicked.

We could not totally blame them for the price decline.Manipulation is not as much easy as it was before when chinese manipulated the bitcoin market by just dumping their coins.But what could be said is that they just enjoy a price decline by further spreading FUD and adding fuel to the fire and not creating fire by themselves.

yes because there are so many people and companies that hold too much bitcoin so they start to manipulate the price, and the more new coins emerging in the market, so that the price of the other coins will fall. And because there are some countries that forbid bitcoin like china and korea north makes the price worse off.

LoL! Yeah! It's the best clever move that everytime we get huge profits out of Cryptocurrencies we should transfer them into our own pocket, who knows! Cryptocurrency volatility is very high and there's numbers of event's that Crypto Market had crashed "Mega Dip".
What if they will not recover? What if all the money will fall on Big Companies' pockets and vaults!?
We can't say it's totally safe and our assets are secured.. Who knows!
I'd say, 50% of my Crypto Assets are on my digital wallet and the other half is in my pocket. Digital and real wallet.

I agree, in fact big companies are the biggest manipulators today.
Let's take a look on the announcement for Ripple partnership of Big Companies like Western-Union and Middle East Countries like UAE and Saudi Arabia.
These announcements will cause surge of price value of Ripple in the next few days and Ripple might be overtake Ethereum as the second strongest Cryptocurrency in the market again.
Not only large volume of money are manipulating Cryptocurrency today but also the announcements of Big Companies and even celebrities tweets could make a momentum of the Crypto Market.

This is funny, China is the country holding the bigger amount of crypto, and of course BTC. Even it is estimated that at least the 30% of mining resides in china.
But… why, then, they have been banning BTC from the last months?
Well, of we make a tiny investigation, we can find how the Chinese central bank (People´s central Bank) has been researching about blockchain at least from 2014. Since they want to create a digital Yuan, I believe they needed to cut off BTC investments in order to convince the great industries to invest in the new  Digital Yuan.
Meantime, the still hold a big amount of BTC - and getting more and more by creating whales and lowing its price- and they have earned billions by mining and by trading…
so… whats next?? Is BTC going to be the “support” of Digital Yuan?

I believe this recently speculation, the dramatic changes in the BTC price,  its “falling”, is directly influenced by China. Since they have the biggest power of mining, as well as the bigger amount of BTC, they can do “whatever they want” with it. Now, is that related (the banning) with the new digital chinese coin? I don’t know, but maybe. But, anyway, it is funny that  China still holds the biggest amount of BTC and at the same time they created a new chinese Crypto directly based on Blockchain…