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.
Topic: Bitcoin is a manipulated coin? - page 4. (Read 4708 times)
Of course it's manipulated. How else would things go on? All coins are manipulated. Even fiat.
Can you mention a commodity or currency that is not manipulated?
Similar to the way that central banks manipulate the exchange rate of their currency
yeah but one encourage inflation the other deflation, so the manipulation of bitcoin, is actually benefical in some way, the one from the market is essentially scamming
Manipulated or not as crytpos evolve, manipulation becomes less possible because of greater decentralization. Decentralization is a process. ANd that is what the governments fear.
Yes has most of the answers!
Does this mean that Satoshi original plan failed?
Does this mean that Satoshi original plan failed?
No, just the pool question is asked in a way to favour yes option, because every coin is manipulated to some degree. But you cant compare Bitcoin price manipulation with some ultimate manipulated pump & dumps on some altcoins...
no it is not manipulated at all in my opinion because the price is depended only on people and nothing else can impact it
Any market is manipulated by someone,usually news make the market react buying or selling.With bitcoin its happening the halving had made already the price of bitcoin jump from the 300 to almost 500 dollars,and people still expecting it to boost even more the price ,the thing is the pump or manipulation has happened already soo the halving may result into a loss or into a short time at 500 dollars again and return to the 300 again were it stable for a long while.
Yes has most of the answers!
Does this mean that Satoshi original plan failed?
Does this mean that Satoshi original plan failed?
Why do you say manipulation? bitcoin is indeed a coin, right?
You right, bitcoin is coin, it's means digital currency. But what OP means is the price
and I think it's indeed manipulated, there are some group of whales who have greedy passion. And the price is will not stable as other currency always volatile if there are big news about bitcoin.It's mainly the news articles that affect bitcoin prices and hence the more these news articles write about bitcoins, the higher the price is. The ebst thing about bitcoins is that it can be manipulated in terms of price but it's a negative fact as well as one bad move and the price drops by $100-$150. This doesn't happen in other markets.
I think everything related to value have some kind of manipulation behinds it, weather it was manipulated for it's price / value, or it was manipulated to become a scarce resource, or it was manipulated within the legalities..
everything is..
everything is..
Similar to the way that central banks manipulate the exchange rate of their currency
yeah but one encourage inflation the other deflation, so the manipulation of bitcoin, is actually benefical in some way, the one from the market is essentially scamming
Every currency, fiat or crypto and every commodity is manipulated to one degree or another.
The us government even has a special organization to manipulate fiat. its called the CENTRAL BANK.
Decentralization is relative. More decentralization = less manipulation.
The us government even has a special organization to manipulate fiat. its called the CENTRAL BANK.
Decentralization is relative. More decentralization = less manipulation.
OP, this is a stupid poll. You need to define what manipulated means, because your mileage may vary. Can whales change the price of bitcoin somewhat at whim? Yes, because the market cap is small relative to the stock of Pfizer or Coca-Cola, for example. Every buy/sell order manipulates the market to some extent.
Do you mean by governments or something like that or the miners? What do you mean?
Do you mean by governments or something like that or the miners? What do you mean?
We need to get back to this point. OP, you need to define what you are talking about, because if not this is going to be a continuous thread about complete nonsensical debating.
Is Bitcoin's price being manipulated?: Obviously. There are people who do this stuff for a living. They were very early adopters who got Bitcoins for peanuts. They wait until the bitcoin's prices stagnate for a good little while and then dump a good amount of coins, which causes panic selling, then they buy back at a cheaper price and pocket the profits. This is a widely known thing.
Are bitcoin miners manipulating things?: This is a more interesting debate, tbh. There are some good arguments being made that they are, and the big time mining farm operations are starting to run their organizations like a government, or maybe more accurate, like a union would. They debate about what the block sizes, fees, and that sort of thing... and threaten if they don't get their way, they will "protest" and stop their mining, which leaves the blockchain vulnerable and less secure.
But until then, I'm not voting on such a thing because I don't know what I'm voting for.
Manipulated or not, this is not what matters about Bitcoin. It's about the novelty, the technology and the world that it will change...
I think BTC's just a poor boy, nobody loves him. It's just a poor boy from a poor family, spare its life from this monstrosity.
And, it's largely manipulated.
And, it's largely manipulated.
in my opinion it might be manipulated a little bit as people can move the price by putting a lot of funds in it though it can not be manipulated too much as they would need a lot of money
Could not understand the question correctly .Manipulation on whose end? Core Developers? End Users ? Major Exchanges ? I feel no,it can't be manipulative since its pretty much transparent with the latest updates to the end users.Though I'm not sure about the High end investors.
Of course it's manipulated!! If fiat financial markets are already subjected to many kinds of frauds (being regulated by FED and similar institutions), a decentralized market with so many powerful players is a sweet playground for manipulators and pump&dump agents.
Manipulated is a very broad term. Of course the popular opinion gets very manipulated, just look at the bunch of clueless people being guided as sheep with the promise of a bigger block size with no tradeoffs. This is laughable. Im just hoping the hard fork doesn't happen because that would be a disaster.
... The lack of faith in these companies makes it very hard to go long on bitcoin. ...
There's Gemini -- fully regulated, US-based & backed by big bux
regulation brings a lot of things like strong AML, verifications, etc. The most Bitcoin traders prefers to stay away of this thing.
Also, Gemini is used by americans only.
So... You would like an unregulated, implicitly criminal exchange (because AML laws, as a minimum would have to be based in some Somalisan), which doesn't verify users, that you can trust?
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