Bitcoin is a manipulated coin? | Bitcointalksearch.org

dothebeats

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Cashback 15%

Quote from: kpitti on February 08, 2016, 03:47:21 PM

Bitcoin is not manipulated coin.
Bitcoin price on the market is going to be manipulated. And this is done using standard trading methods.

Wait, what? Huh

Bitcoin's price is manipulated, but the coin itself is not. Whales manipulate the price and we little minnows are glad to bite onto their traps, causing further disturbances in the prices.

kpitti

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Bitcoin is not manipulated coin.
Bitcoin price on the market is going to be manipulated. And this is done using standard trading methods.

ricardobs

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Quote from: yenxz on February 08, 2016, 04:04:02 AM

Quote from: abs350 on January 28, 2016, 10:45:29 PM

Vote guys

've been vote,and i said yes,bitcoin is manipulated coin,some exchage and developer,is the main actor. they can manipulate the price of bitcoin,the amount of bitcoin in some countries also cn manipuated by them,but i never care with manipulate, as long i can earn and trade bitcoin Grin

Same is the case for me as I don't mind a little fluctuation or manipulation with regards to the price. A huge fall can create a chaos as it could imply that bitcoins would possibly never rise and meet the fate of litecoins in 2015 which I don't want.

Amph

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Quote from: mayax on February 07, 2016, 07:38:37 PM

Quote from: Amph on February 06, 2016, 06:52:32 AM

Quote from: mayax on February 04, 2016, 11:04:44 AM

Quote from: knowhow on February 03, 2016, 09:33:35 AM

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

what whales?

)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.

miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+

miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it

Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community". They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on...

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself

well that's is debatable, i guess soem miners do like bitcoin and believe in it, if bitcoin will be vastly adopted it's there that the interest for it will increase

it's not that people don't give a shit about bitcoin, it's that it can not be used on par like fiat that's the problem, otherwise i would argue that they will not give a shit about controlled money

MedaR

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I don't know maybe some of those manipulation is not a bad thing at all.
Imagine if price go only up up, in one moment of time will stop rising and naturally will start to decline.. How to stop this decline? Only with manipulation, fast buy 500btcs and price will rise again.

yenxz

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Quote from: abs350 on January 28, 2016, 10:45:29 PM

Vote guys

've been vote,and i said yes,bitcoin is manipulated coin,some exchage and developer,is the main actor. they can manipulate the price of bitcoin,the amount of bitcoin in some countries also cn manipuated by them,but i never care with manipulate, as long i can earn and trade bitcoin Grin

CreativeCarol

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You can't exactly manipulate it too much.

Laosai

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Quote from: mayax on February 07, 2016, 07:38:37 PM

Quote from: Amph on February 06, 2016, 06:52:32 AM

Quote from: mayax on February 04, 2016, 11:04:44 AM

Quote from: knowhow on February 03, 2016, 09:33:35 AM

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

what whales?

)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.

miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+

miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it

Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community". They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on...

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself

Ah, it's a good description of everything I think...

But fact is that they can't just "close the shit down" can they?

Yes they gonna suck everything they can, but then? If they close everything, they lose the initial investment, which means the price of the gears they're using!
Why just throwing it? That means at least until they don't LOSE money they'll keep running them.

mayax

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Quote from: Amph on February 06, 2016, 06:52:32 AM

Quote from: mayax on February 04, 2016, 11:04:44 AM

Quote from: knowhow on February 03, 2016, 09:33:35 AM

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

what whales?

)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.

miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+

miners want the cash not shit. they are buying their houses, cars, gold, more houses, whores with cash not with Bitcoin. maybe they own some BTC but not a lot...would you keep 50K BTC? come on! let's not be hypocrites. The goal is the cash.
Bitcoin is just an opportunity for miners and they know that very well. They will suck all the money they can from this biz and that's it

Once the shit will stink, they will close everything and end of story.

I hope you don't believe that the miners are fairies with a lot of good intentions and that they care about "BTC community". They just need a community to reach their goal; same with exchangers.
How do they maintain this community ? Through forums like this one, through media like Coindesk and so on...

Everything is around the "CASH", nobody gives a fuck about Bitcoin itself

busybee7

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yes, most probably it is a manipulated coin because people can impact the price by buying and selling

BellaBitBit

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I vote yes because many things can manipulate the price. Most things being traded are manipulated to a certain degree as is wallstreet.

kartaggen

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Quote from: elizabethqueen on February 06, 2016, 05:47:09 AM

i vote NO,bitcoin not created for manipulation,and even some people or few grup try to manipulate it,i think its can be specified that bitcoin is manipulated coin,i believe bitcoin create for future payment and alternative currency.

Exactly, bitcoin is not a manipulated coin but it is getting manipulated by few bunch of people around us, whether it is press, media or may be Government, they are manipulation bitcoin as they view bitcoin as a threat to their system.

Amph

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Quote from: mayax on February 04, 2016, 11:04:44 AM

Quote from: knowhow on February 03, 2016, 09:33:35 AM

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

what whales?

)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.

miners are whales, they have accumulated at least 100k coins in all those year, and everyone with that amount is a whale

also early adopters are not out of the game yet, i'm sure there is still someone with plenty of coin, 50+ or 100k+

elizabethqueen

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i vote NO,bitcoin not created for manipulation,and even some people or few grup try to manipulate it,i think its can be specified that bitcoin is manipulated coin,i believe bitcoin create for future payment and alternative currency.

mayax

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Quote from: randchingo on February 05, 2016, 04:42:18 AM

Nope I don't think so, it's affected alright but by the majority buying or selling so it is controlled by the majority of people opinion...

please try to search more about that. "Bitcoin manipulated price" MTgox price manipulated. OKcoin fake volumes... and so on

randchingo

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Nope I don't think so, it's affected alright but by the majority buying or selling so it is controlled by the majority of people opinion...

mayax

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Quote from: knowhow on February 03, 2016, 09:33:35 AM

Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

what whales?

)

the "whales" are the exchangers and their investors who control the whole BTC market. The exchangers are running bots and they can rise or drop the BTC price how they want. MT Gox did the same and there proofs that others do the same.

knowhow

hero member

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Well all crypto coins are manipulated ,whales always will pump a coin on a week and then left it,these happend to bitcoin this year already they joined and made bitcoin reach almost 500 dollars ,all of those were based into the halving that is very near.

birdmeko

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im agree if btc is manipulated

chennan

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Quote from: knowhow on February 01, 2016, 12:47:08 PM

Quote from: chennan on January 29, 2016, 06:29:16 PM

Quote from: BTCBinary on January 29, 2016, 06:21:01 PM

Unfortunatelly I'll have to agree. Yes Bitcoin is a manipulated coin. it is manipulated by a small group of Devs and a small group of traders.
Bitcoin is becoming centralized and we will need a new coin that can be truly decentralized.

I've been actually reading some stuff on the altcoin section where there is a coin (aeon) who's core dev (Smooth) is implementing a type of "ASIC resistant" mining technique that lowers the possibility of centralization... It's called "smart mining" and it allows any type of low powered computer, whether it's a laptop or even possibly a phone can start mining and only is "turned on" when connected to a power source. But essentially it lowers the hash to such a level that's automatically determined to not burn up/ruin the computer your running the smart mining OS on, or won't drain an insane amount of electricity/energy.

This will allow anyone to be able to start mining, whether it will get you anything out of it or not. I really haven't looked more into it, but it sounds like a really cool idea to me; because the level of centralization and barrier to enter the mining space is a real problem that should be addressed by bitcoin devs.

Well im curious about those new coin aeon and the concept looks to be fair to all with or without a machine worthing 5000dollars or above,but i really believe that we need just a coin that all can have lets say 500 coins and then those coin will be staked daily or yearly with a max number of coins,there already coins working similiar but they give advantage to big holders soo they kill the currency easy.

Yeah, PoS just doesn't work and is completely bullshit in my mind... It's just a smart way of reorganizing the way the blockchains can confirm in a way, where in all reality is just a ponzi scheme hidden within the code. It's just not a comprehensible form of confirming transactions and not as thoroughly researched as PoW is. No body should be "entitled" to X amount of coins, because where would the actual value come from? Just from holding a coin, which in turn gives no purpose of actually spending the coin itself, so all there will be is empty block upon empty block? It just doesn't really make sense to me at all.

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