Bitcoin Being Manipulated - page 3. | Bitcointalksearch.org

esatceza

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www.thegeomadao.com

Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

I think you have created a new rumor and that is not good for Bitcoin, it will reduce the bitcoin price because many people are afraid of this rumor. However, instead of saying something that is not grounded, you should provide evidence or any related information to that effect. So, anyone reading this, think hard about your decision because we've been fooled many times in the past.

iv4n

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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.

jenni161

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Quote from: kenkoy on October 17, 2017, 11:29:02 AM

It is possible. We all know that china is one of the countries that have most users of Bitcoin. Large number of whales are there too. They can possible spread FUD by banning ICO and other BTC exchanges, then this will greatly affect the BTC value. There are also US billionaires who may possibly manipulate BTC. For example, when Mark Cuban tweeted negative issues wih BTC, after minutes the value dropped. These billionaires have huge followings who considers their opinions.

Wouldn't be suprised if Cuban did this just to see if he can.

kenkoy

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It is possible. We all know that china is one of the countries that have most users of Bitcoin. Large number of whales are there too. They can possible spread FUD by banning ICO and other BTC exchanges, then this will greatly affect the BTC value. There are also US billionaires who may possibly manipulate BTC. For example, when Mark Cuban tweeted negative issues wih BTC, after minutes the value dropped. These billionaires have huge followings who considers their opinions.

Lpim01

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Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

Yes, we accept that price goes down after banning of crypto currency in China. Of course China would contribute a huge impact to the price because Chinas is holding the large numbers of crypto exchangers and users at that time. But it doesn't mean that millionaires are manipulating bitcoin and other coins. Because falling of price would probably happen after the shock and they are selling bitcoins for a lower cost.

jc89

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Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

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.

Hamstead

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Actually sometimes we can say that bitcoin price is being manipulated but of being decentralized it could be hardly to happen. Up and down is just normal that might happen in the market place because its supply and demand is a huge factor not can affect its trend not by being manipulated with someone or a group.

olubams

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Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

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?

Vendetta666

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It's not manipulation that it's panic buying now to receive free Bitcoins Gold on October 25. So we expect it to continue to rise until after the hard fork. So we also expect Bitcoins to fall after Hardfork because the bitcoins holders have been selling since they have already bought their BTG

stompix

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Blackjack.fun

Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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.

It seems , nothing more.
Supply and demand are the rules which govern bitcoin trading, you can;t buy unless somebody is selling.

Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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.

It was exactly the other way around.
The price in China for btc was lower so the westerners could easily scoop up coins there and sell them on western exchanges. (arbitrage).

Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

Exactly because we live in a free world you are free to say what you think and I am also free to criticize your thinking.

Quote from: Immakillya on October 17, 2017, 08:19:47 AM

Well, we never know. That could be possible. Most of the big whales came from China.

Sauce for this?
Cause until know all that has come from China were fake ...everything.

bitjoin

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Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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.

The bigger the market cap the bigger the players but with china the gov seem to get interested really early in bitcoins market cap growth, seems like they do a great job on controlling new variables over there. USA gov were also interested very early back in late 2013. With these super power govs come insiders and manipulation of markets. Its all good though just hodl.

cryptomato

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Bitcoin was being manipulated since its first day. There is no any single market (stocks, currencies, commodities) that is not under manipulation. It is not a big deal. Important thing is to be able to see which direction they are manipulating at that second.

farhaan

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It was earlier when china had most of bitcoins and people from other parts had very little share,chinese manipulated bitcoin price as their will by just dumping their bitcoins and creating a crash in bitcoin price.But now,its no more possible.

Bitcoin has reached far to almost all countries and there is a diversified huge buy wall.So,even if any one or a group wants to manipulate bitcoin price by dumping,then immediately it would be bought and price would recover.

Manipulation is even now possible in altcoin which has very low marketcap and not possible in bitcoin.

jenni161

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It's plausable that China bought bitcoins (and probably have bought also before recent events.) For China's goverment bitcoin is not perfect, but as I understand they have lots of USD, and they probably think it's better switch some of that to bitcoin.

I also believe what iamTom123 said above, they are probably planning to create a cryptocurrency of their own, but that may not have anything to do with buying bitcoin.

fishbonez11

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The price went down after China's bitcoin ban was more of the market's reaction rather than manipulation. Price went up after Japan's bitcoin move was also due to the same reason. Better get yourself acquainted with the market trend and current events, and you'll probably get the idea of how each country's decision or even giant businesses can affect bitcoin price.

mevmike

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i think there is not a single person on earth that can manipulate bitcoin.
or even a country, what happened during china ban is not manipulation which caused decrease in price.
but those are the results of weak hands selling their share for the fear of losing their investment.

pootutus

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It's an illusion. Indeed, this bitcoin volatility has something to do with the Chinese government's policy. But I think most of the BTC is not in the hands of a government. The purpose of their repression should be that they do not want BTC to seize the pricing power of their own country's currency.

Eric Nelson

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Bitcoin's rates is base on the Supply and Demand in the market. News, articles, and etc. are just a tool to manipulate the emotional state of the people but Bitcoin can't be manipulated by anyone. The only thing that a person can manipulate is spreading fake news to provide chaos in the market and make people panic.

Ilegendph

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Thinking on the higher plane of existence.

Quote from: GreatArkansas on October 17, 2017, 08:20:02 AM

For me it's because of people itself. People who are holding bitcoin when they panic sell. Also for fake news that are spreading about bitcoin, so the price can be affected. Since, it's decentralized digital currency , government don't own the bitcoin. We do whatever we want.

The price of cryptocurrency is directly affected by the people involve or investors. News like those in china affects the mindset of amateur investors and do panic selling leaving an opportunity to those who still believe. And now those amateur investors have their regrets on believing and for those who believe , they now enjoy profits.

khufuking

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Quote from: enterprevic on October 17, 2017, 04:52:49 AM

Quote from: zeingrind777 on October 17, 2017, 04:49:05 AM

Quote from: enterprevic on October 17, 2017, 04:42:50 AM

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

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.

Quite impressive what you are saying ! And do you release it is 100% normal too Roll Eyes

, The price dropped because a lot of china BTC holders panic sell and they are a lot it is totally normal when that amount of people panic sell the price will drop hard ! and the price going up also normally after the panic wave of sell ended . You are stating something perfectly normal in crypto world .

Topic: Bitcoin Being Manipulated - page 3. (Read 1310 times)