Topic: Bitcoin Being Manipulated - page 5. (Read 1310 times)
It could be that way, you never know. That's the cool thing about Bitcoin, that addresses don't have to include private information to create them. However I think it's a little bit of a conspiracy theory, because why would they do it. It also would cost them an insane amount of money to get enough power to manipulate the price.
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.
This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
It is very hard to picture this as it would need a massive manipulation to affect the market like it is unstable today. Bitcoin just like every stocks depend on several and myriad variances in which its prices are being based upon and yes one change can make a difference but it has to be monumental. L
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.
This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
I doubt they were able to capitalize on the dip. Japan took up where China left off after all. The Chinese in general were fairly panicky because of all the uncertainty. That being said, governments can manipulate the price to some degree with their regulations. Most are not large enough to make a significant impact though.
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.
I don't agree... the market psychology has its cycle and of course the market (people) decides when to sell and when to buy, not China. Imagine this - even though China bans cryptocurrency, if people from outside of China won't sell, the price wouldn't go down. Therefore, it's more appropriate to say that it is the NOOBS who were manipulated, not BITCOIN. This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
I think enterprevic means that the Chinese themselves took profit from this, this has happened millions of times with stocks. Your post will make sense if you know that in the near future China will lift the restriction on ICOs, but in the present situation I am not sure any manipulation occurred to be honest.
Nonsense. It is not manipulation but rather that's the market's reaction since the stance of the Chinese investors lowers because of China's regulation but it recovers despite of it whoch proves that Bitcoin is well distributed worldwide and China alone can't bring down Bitcoin.
So basically you're saying if you decrease(or ban) the supply - the price goes up.
Groundbreaking discovery.
Groundbreaking discovery.
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.
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?This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
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.
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.
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? This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
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.
This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free.
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