Bitcoin Manipulation - page 3. | Bitcointalksearch.org

randy8777

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Quote from: sukamasoto on June 10, 2015, 11:47:46 AM

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Hello,

How much btc do you think you need before you can move the price on a exchange?

Also is manipulation legal at bitcoin exchanger?

Just find the exchanger provide a massive trading amount everyday. As I know , the high volume exchanger were poloniex,bittrex, and Bter.

About manipulation, that's can't be done with one person. But it can be done with a group of whale trader

you don't need to be in a group in order to manipulate the price. one person is enough. most important is to have loads of fiat and bitcoins.

Dotakels

sr. member

Activity: 490

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Quote from: sukamasoto on June 10, 2015, 11:47:46 AM

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Hello,

How much btc do you think you need before you can move the price on a exchange?

Also is manipulation legal at bitcoin exchanger?

Just find the exchanger provide a massive trading amount everyday. As I know , the high volume exchanger were poloniex,bittrex, and Bter.

About manipulation, that's can't be done with one person. But it can be done with a group of whale trader

And its ok how much you will exchange and you can do that if you stored your coins and then exchange it.

sukamasoto

legendary

Activity: 1148

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Black Panther

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Hello,

How much btc do you think you need before you can move the price on a exchange?

Also is manipulation legal at bitcoin exchanger?

Just find the exchanger provide a massive trading amount everyday. As I know , the high volume exchanger were poloniex,bittrex, and Bter.

About manipulation, that's can't be done with one person. But it can be done with a group of whale trader

Bitcoxn

newbie

Activity: 6

Merit: 0

Well this whale group are well only hidden or just for the elites people with much money:)?

Amph

legendary

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Quote from: Bitcoxn on June 10, 2015, 11:01:53 AM

Hmm interesting, so lets say 10,000 bitcoin is enough to move to price around 10-20$?

yeah it should be more than enough, what will really trigger it is the panic buy caused by it, not the amount itself, well it's a bit of both, but if you can trigger a cascade, then you're done

whales move in group for this reason, it more easy for them to manipulate the market in group without putting too much money

Bitcoxn

newbie

Activity: 6

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Hmm interesting, so lets say 10,000 bitcoin is enough to move to price around 10-20$?

randy8777

legendary

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some exchanges only need a few hundred coins to move it down. on exchanges like bitfinex you would need thousands of coins to achieve the same.

Dotakels

sr. member

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What ever that price is. But its better to exchange your coins when its price is more than you can get into signature campaign you joined must 5x more than .

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Hello,
How much btc do you think you need before you can move the price on a exchange?
Also is manipulation legal at bitcoin exchanger?

1.Depends on what exchange you are aiming to manipulate, local smaller ones, or major exchanges with high volume, and also; for what time-range you want to move the price..
If you are asking about big exchanges, dont even think about it, even a large amount wouldnt buy you much time, thats why people work in large teams when trying to manipulate on such scale.

2.It's not illegal so far. When real regulation comes to place, it probably will be, but i doubt such thing will happen soon.

cheers

JerryCurlzzz

hero member

Activity: 504

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Quote from: Bitcoxn on June 08, 2015, 06:12:39 PM

But wont the exchanges, stop this?

Why would they? Bitcoin exchanges are barely regulated, and it would take regulators quite a lot of time to built any sort of enforcement effort in relation to an exchange.

So at the end of the day, no, exchanges won't do anything to stop would-be "manipulators".

Bitcoxn

newbie

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Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Also is manipulation legal at bitcoin exchanger?

the truth is that we dont want laws in BTC world Wink

[/quote]

But wont the exchanges, stop this?

okae

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northern exposure

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

How much btc do you think you need before you can move the price on a exchange?

uff hard to say, because it depends on exchange dailys volume, but you can check it by yourselft, just look at esxchange volumen to see how many you need to change it Wink

Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Also is manipulation legal at bitcoin exchanger?

the truth is that we dont want laws in BTC world Wink

JerryCurlzzz

hero member

Activity: 504

Merit: 500

You need incredible amounts of liquidity to move the market. Usually this would be a huge mistake, as moving against the market will surely fail. Remember the 30k bear whale on Stamp? He tried to hold the market down and failed miserably. Smart whales move with the market, not against it.

RodeoX

legendary

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The revolution will be monetized!

Also, when attempting to move a market there is a very high chance that it will not work. So perhaps 1000BTC will move it a bit, but you may just be throwing away a quarter of a million dollars.

Buttknuckle

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★YoBit.Net★ 100+ Coins Exchange & Dice

Just look at the order books. This will give you a really good idea of how much you need to move the price in either direction. But I am guessing that with bitcoin it would take a lot of money to move.

Amph

legendary

Activity: 3248

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it depends on which side you want to move the price, for moving it down, you will need less then for moving it upward, basically pumping it is far more difficult

usually four zeroes are more than enough to do it in any direction

Mayer Amschel

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10k BTC will be enough for a 10$ change, im sure it will end up in a 20$ change since we all panic either way it goes.

- Mayer Amschel

RappelzReborn

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Quote from: Bitcoxn on June 08, 2015, 08:06:53 AM

Will 1000 BTC be enough to move the price?

That's like 226 000$ , It's a huge amount and it may affect on the price but not that much as I said .
It's basically big exchanges who can do the real manipulations and price changes

Bitcoxn

newbie

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Will 1000 BTC be enough to move the price?

waterpile

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Quote from: Bitcoxn on June 08, 2015, 07:48:00 AM

Hello,

How much btc do you think you need before you can move the price on a exchange?

Also is manipulation legal at bitcoin exchanger?

You need a shit ton of dollars to move the price even for a little bit.. As for the price manipulation, I don't even know if its legal/illegal people

Topic: Bitcoin Manipulation - page 3. (Read 4201 times)