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Topic: Bitcoin Being Manipulated - page 2. (Read 1310 times)

member
Activity: 106
Merit: 15
October 18, 2017, 07:27:43 AM
#70
Very realistic idea.It is not easy to develop bitcoin today.There must be some super-investors, politically motivated investors.We are too weak to compete with them.And the feature is that the currency can let anyone from any location to participate, so that we can't stop them, you are right, the currency has been manipulated, but is more than one.
newbie
Activity: 47
Merit: 0
October 18, 2017, 07:22:20 AM
#69
it is so normal !! Bitcoin is like any type of currency or valued material . like petrol, gold etc....  . it is manipulated by the rich and by great power of bitcoin . if any person or group of people who have huge amount of bitcoin can manipulate the price  of bitcoin .
and manipulating bitcoin market is so easy because of huge amount of newbie trader .
sr. member
Activity: 714
Merit: 261
October 18, 2017, 12:16:22 AM
#68
I know the crypto currencies can be manipulated but I don't think that country as whole can get involved into manipulation like that. The china ban was regarding regulation of ICO projects to reduce the fraudulent cases within the country and to save the money of country being traded outside the nation. This was precautionary step towards the national economy and nothing much. The effect of price drop was just panic response from the rest world.

legendary
Activity: 1120
Merit: 1000
October 17, 2017, 06:15:02 PM
#67
Long before the issue with China, bitcoin have been manipulated by whale investors. And btc manipulation is not made by China, never China. There are numerous btc whales out there that can manipulate btc any time they want that it's hard to determine if the surge is natural and organic or by manipulation. Btc price can be manipulated even by a single big whale who owns thousands of btc with just a few clicks. Take for example "Spoofy" who is allegedly manipulating btc market.
This is so true, I've been told by some people that mostly big whales come from China maybe this is the reason why do people think that China has a big impact to the bitcoin, but i don't think that their government can manipulate the price like you've just said it can be manipulated by those who hold lot of bitcoins we can't deny this fact that whales can still affect the market, but if you're talking about government regulation, I don't think so.
sr. member
Activity: 1372
Merit: 255
October 17, 2017, 06:00:13 PM
#66
Bitcoin is too huge to be manipulated completely. Aside from huge money, whales behind the manipulation are also using fake news and FUD. Bitcoin believers must HOLD dont giveup their Bitcoin to fud news.

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
sr. member
Activity: 350
Merit: 250
October 17, 2017, 05:56:08 PM
#65
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?
This is something indescribable information. Why is China involved in here? I guess you are referring China as a real example of what manipulation is about with bitcoin. I can see no difference even without China if they really manipulate bitcoin there should be many rukes indicated with it or the system has broken. What scene are talking about? It should be the people to see before their eyes how bitcoin slowly creates a big scene in the world and that is by helping one another. The manipulation issue won't happen. We can't manipulate bitcoin either.
We can't deny the fact that China has a greater impact of the price in Bitcoin because mostly of the Whales are from China. People can't think other reason to blame if there's a manipulation in here but i guess they were just looking at the front they aren't looking at the top to see what is really happening. The internet is there for you to search everything internet gives you almost the free knowledge that you wanted to know. All you have to do is use your brain and a little common sense.
Yes but i think it was possible in future, in current postion the users of bitcoin are increasing throughout the world therefore i think now it has become too much difficutl fot a single person or even for a group of people to manipulate the price of bitcoin, becasue of the increasing number of bitcoin investors. Now we can expect that bitcoin will be trading in its origional status and there will be no manipulation anymore.
full member
Activity: 406
Merit: 102
October 17, 2017, 05:55:33 PM
#64
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin

Looking deeply into the situation i couldn't agree more. Most of us call them sharks. They go ahead and make a bad news to manipulate the price of bitcoin and they buy them while the price is low. And knowing bitcoin would recover after the fall, they profit in a large scale.
full member
Activity: 2324
Merit: 175
October 17, 2017, 05:55:14 PM
#63
Small traders follow big traders actions if they see price going up, they tend to buy when whales are buying, this is a domino effect and it is normal in any trading platform, and this is especially true in the cryptocurrency trading.
sr. member
Activity: 2506
Merit: 368
October 17, 2017, 05:27:43 PM
#62
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?
This is something indescribable information. Why is China involved in here? I guess you are referring China as a real example of what manipulation is about with bitcoin. I can see no difference even without China if they really manipulate bitcoin there should be many rukes indicated with it or the system has broken. What scene are talking about? It should be the people to see before their eyes how bitcoin slowly creates a big scene in the world and that is by helping one another. The manipulation issue won't happen. We can't manipulate bitcoin either.
We can't deny the fact that China has a greater impact of the price in Bitcoin because mostly of the Whales are from China. People can't think other reason to blame if there's a manipulation in here but i guess they were just looking at the front they aren't looking at the top to see what is really happening. The internet is there for you to search everything internet gives you almost the free knowledge that you wanted to know. All you have to do is use your brain and a little common sense.
full member
Activity: 518
Merit: 106
October 17, 2017, 05:22:37 PM
#61
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
yes you are right, it is like that.
it is one of the strategies for rich investors to achieve greater profits.
for those of us whose status is ordinary people, of course, the impact is less good because the price of bitcoin. but not to worry, we take only positive steps. according to my survey, when bitcoin prices fall precisely it is the beginning of the start bitcoin prices will be better and of course the price will be higher.
full member
Activity: 1316
Merit: 108
October 17, 2017, 05:20:48 PM
#60
In a situation with China, one can not say that bitcoin is manageable. Even if we assume that all these actions to prohibit crypto-exchange exchanges and the crypto-currency in China itself were well thought out beforehand so that the course on Bitcoin fell, it should be considered not a control of bitcoin, but a normal trading manipulation. Yes, thus, China managed to retain for a while, and even lower the rate of bitcoin and other crypto currencies, but if the holders of the crypto currency did not sell it, the situation would not be so bad. However, in the end, nothing special happened, Bitcoin safely gets to new records in his course.
hero member
Activity: 1036
Merit: 502
October 17, 2017, 05:20:28 PM
#59
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?
This is something indescribable information. Why is China involved in here? I guess you are referring China as a real example of what manipulation is about with bitcoin. I can see no difference even without China if they really manipulate bitcoin there should be many rukes indicated with it or the system has broken. What scene are talking about? It should be the people to see before their eyes how bitcoin slowly creates a big scene in the world and that is by helping one another. The manipulation issue won't happen. We can't manipulate bitcoin either.
hero member
Activity: 588
Merit: 500
October 17, 2017, 05:03:20 PM
#58
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
First of all it is very difficult to bring any kind of regulation on bitcoin because bitcoin is completely decentralized and countries have failed to bring any regulation policy to control bitcoin according to their well. No one in the world can get control over bitcoin that’s why no one can use bitcoin being manipulated nor bitcoin itself manipulated for himself because bitcoin has given profit to people. Bitcoin is totally democratic for people so manipulation doesn’t exist here.
hero member
Activity: 1330
Merit: 569
October 17, 2017, 04:02:07 PM
#57
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin

Everyone is right to express an opinion on whatever is happening in the crypto world based on the understanding that we have about series of events. The last crash in which you are quick to ascribe to manipulation create an avenue for people to put in funds while a lot of them are reaping the benefit of such decision. Times without number price have crashed and recover, while some are taking advantage and they are normal human beings even forum members who have made it obvious in their posts what they will do, others are looking at the conspiracies behind such as Op. I am sure if another crash should happen, he will still wyne about it.
full member
Activity: 518
Merit: 100
October 17, 2017, 03:49:57 PM
#56
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
Hello author! What a nice conclusion!) Can you understand that when a child come in this mad and funny world then in this second this game started! Nobody can guarantee nothing and of course it's not a big secret this is one of the TOP profitable business and this business driven by some people or group of people. Freedom  illusion its great thing) You are addicted to oxygen, sun food and that guy next door etc)
sr. member
Activity: 654
Merit: 250
October 17, 2017, 03:41:56 PM
#55
Every market is vulnerable, and can be subject lf manipulation. Who can manipulate with market is obvious, the one or ones who have wealth higher then total market worth. This is something that banks are doing for centuries with currencies, products, stocks, now someone is doing that with crypto market. In real world there are some laws about it, and people who do this with stocks and currencies can be arrested and sentenced, but its hard to prove this kind of manipulations that's why people who done this before are now free and rich, criminals in suits.

Unfortunately I must admit that I am right. In some highly developed countries, the bitcoins are developing very well, the chance is that they will be manipulated by the government, other people. This can contribute to the collapse of the coin, or at least a loss of value, but I sincerely hope that this will not happen.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 17, 2017, 03:11:58 PM
#54
I dont agree with your point of view, and let me explain you .First of all did you notice that China's ban on ICO and BTC Exchanges didn't create big impact similarly getting banned from single country cannot have huge impact on bitcoin prices.And the manipulation is done by the big whales (professional traders) who are just trying to test the patience and psychological mood of the small retail traders by playing with their emotions and by this way they make profits bigger and we make most of the time loss.
sr. member
Activity: 987
Merit: 289
Blue0x.com
October 17, 2017, 01:58:22 PM
#53
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin


Lol. Clearly you have been reading a lot of false news. Haha.
What you are saying is just something that is unbelievable (judging by the circumstances).  Because if you haven't figured it out yet,  clearly, the action of the chinese government was just a natural reaction to get rid of all the scams and shitty ICOs in their back yards connected to the crypto world. Just to make a clearer path way for their very own cryoto currency.

So naturally, this will cause a series of orice corrections because a lot of panicking people will sell their bitcoin possessions no matter how cheao just to cut their losses necause they believe all the crappy fuds being spread around by dumb people or trolls. There may even be a strong possibility that big whales soread this fud to get bitcoins cheaper.

So better relax man, this is something that isn't far from ordinary.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
October 17, 2017, 12:55:38 PM
#52
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
what do you mean when the price goes down chinese buys a lot of bitcoin and then they sell it when the price goes up?

I mean when China made the regulation the price dropped right, so during that period you could buy more bitcoins at a lower price then hopefully it would pick up.

So maybe if China lifts the restrictions then the price can rise faster.
It probably will, but it's also possible that Chinese whales moved to other exchanges located in Hong Kong and Japan. The statistics seem to be supporting this because right after the bans in China the volume on exchanges in Japan rose by a huge amount. It was obvious some of the traders from China had moved there.
Where there's big money there's manipulation.
full member
Activity: 658
Merit: 152
October 17, 2017, 12:47:18 PM
#51
I think exchangers and ICO banning in China didn't affect bitcoin elite anyhow, they just moved to neighbour countries, such as Hon King and Japan and continue their activity there, which consists mostly in crypto trading.
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