Topic: Bitcoin price is controlled not just manipulated but controlled - page 2. (Read 805 times)

Does it help them to gain more profit? I'd never think that would be their intention. Maybe they'll do that earlier but I don't believe that they still committing at this time for some point that it seems to be helpless anymore and not even productive. The market still unpredictable and its volatility turning into bad which I don't think there is market manipulation happening around but this is purely market fluctuations.

Shock discovery in markets as people wanting to make profits discovered.    Is this news that people will try all sorts of tricks to try flush people out of their position before then rebuying their BTC or anything which gets them a profit.   The idea that self interested parties are going to undermine a market is not a new one, it just doesnt especially cause the negative that people imagine.   The biggest trends in market price are decided when everyone agrees and that can be quite ironic, when everyone takes profit at a common price it suddenly becomes the top.    If many people have varied ideas then we have no clear trend, it may take time for people to get tired of waiting and gradually the sale of BTC causes weakness in the price or whatever.
   We dont have giant whales with puppet strings controlling everything, one exchange I could believe it of but not all of them coordinated to achieve an effect like a secret global conspiracy.   Bitcoin has the widest distribution of the blockchains, if you want to see a false market look at Ripple which has giant stores of their token just being held back.    FIAT itself is not a true market as each central bank undermines any free market holder of their currency, because they have the ability to create giant amounts as and when they feel like it and they have no requirement to ever undo the QE programs performed as the people will pay with their public pension money now greatly undermined in value.

Of course, the price of Bitcoin is been controlled, but it's not controlled by man made bot or some specific people but by me and you; we the traders and investors.
Though whales contributes too but we investors and traders manipulates or controls the price of Bitcoin through FUDs, FOMO ad panic selling.

If your a billionaire you can manipulate 2 or 3 markets at a time but its very expensive to execute how much more if you want to influence the whole market not impossible but sounds crazy when you use bots. Unless you have an organization of billionaires that is willing to sacrifice their money just to manipulate or control the market price simultaneously.

Satoshi does not have some kind of secret code in bitcoin that allows him to manipulate the price at will, the code of bitcoin is out there for anyone to check and you can see if there is something hidden if you do not trust him, but it is possible exchanges are trying to manipulate the price of bitcoin in order to extract more money from their customers but even for them it will be impossible to control the market since they cannot control the demand or the supply of bitcoin.

If about bot in market, maybe people already know. But bot to control bitcoin price i don't think so. Is is more simple to make people get FOMO and then do panic buy to pump the coin, and then make people do panic sell to dump price of bitcoin.

Isn't manipulation the same thing as controlling?  I am sure traders are behind these bots.  But did you know that even bots compete with each other?  Those who have fund to buy bots try to buy the best bots on the market but these bots can easily get busted by a single huge dump or huge buy. So I do not think that Bots are actually controlling the Bitcoin prices, but for sure whales do.

I would not want to believe this mate, I am not doubting you completely but just my personal opinion because I know that we have thousands of people that are holding bitcoin, and not many of them even knows how to use bot for price manipulation, only the whales do manipulate price and it is also few of them that uses bot, and moreover, I don’t think that they really need bot to manipulated the market if they really have the fund.

All they have been doing to create panic sell to buy the coin while the create FOMO price for them to sell and exit the market, so if you are looking for whoever is manipulating the market, you may not really get an answer to that which you are looking for mate. Just learn to flow along with the manipulation and you will make your own profit from it also.

Yeah it was manipulated but I guess the people who can be able to manipulated it just for those who have a regulation, not bot, not whales as you may thinking. As you may know the movement price of bitcoin is depend on the user itself and the user will decide to sell and buy based on speculation and speculation will come from the development of bitcoin itself and also the regulation from government or some companies who have a popularity. I won't think bad for the user of bitcoin, because bitcoin has the current price just because of them and there is no single person who can do that.

As I see so. Nothing has to be blamed for this volatility, not the whales but we are the ones. I don't think bots can do better than us but some traders found it more useful today especially when we have a job that needs to fulfill. And thinking that we used to manipulate the market prices, I don't think so. Bitcoin remains decentralized and I believe that's the reason why people trusted this one.

Bitcoin price is manipulated controlled means when you keep a control on the daily changing and try to keep it minimum. In case of BTC bots just do the opposite they are instead giving BTC much more volatility and shocks. We see 15-20% movements every day which are really too much to handle some times.

Bots, whales, miners and exchanges definitely. Like you said, though, they are all on both sides of the fence (though I'd wager there are more sides on a very complicated fence!).

And sure, everyone wants their piece of the cake and will do their best to get the largest piece possible. Name of the game, really. You got to allow and even encourage market control for it to be self operating.

Ironically, most market regulators think they can't have enough control over the bitcoin market. Hence, the rejections of derivatives applications;)

U Sounds like u are one of the Controllers
Why You try to defend them?

What an ingenious reasoning that is backed up b facts and details that were meticulously researched upon by hundreds of people. Please. Before making an argument, at least learn how to bloody answer one. Whales may use bots but they only schedule buys and sells at the time. I doubt that those types of movements would be enough to call the market "controlled". Bots are automated. They're only for the sake of trading so that users wouldn't need to buy or sell coins themselves 24/7. Bitcoin or crypto, in general, is called "decentralized" for a reason you know. Sure, we've seen countless manipulation in the markets by now but those would be done by the whales since they have the ability to own the majority of the market. But telling us that Satoshi uses bots to control the market? Please. At least come up with something more interesting than that.

Bots are rather making money for themselves not pumping just to dump later. This is very risky because you have to make others follow your trades. If a bot keeps buying into a wall it will never get anywhere.

People are manipulating the price that's for sure but I doubt the bots are responsible. Bots are buying and selling small amounts of crypto to keep making pennies on every trade. Those who manipulate the market do it with millions.

Exchanges publish apis precisely so bots can work on them. Even if they did not publish the apis, bots will eventually find their way to work on exchanges by simulating mouse clicks. The apis just make it so that bots are somewhat controlled, and its easier to program for them.

Exchanges like bots, because they are treated just like any other user or trader and take fees from the transactions.

Price is no more affected by these than any other trade. Supply and demand affect price. Economics affect price. People (and bots) buying or selling affect price.

Reading up this statement do somehow give me some laugh.On what aspect where these bots controlling the price?
Bots are for automation which had been set up by traders itself so it will always vary on buy and supply thing.
They can easily fill out orders according on whats being set so i dont see any manipulation on here.This is why its much
better to read up some about how Trading bots do works.

Obviously they do this because of the snowball effect generally when there is some major happening for example a Moving Average crossover we generally just need an ignition for the coin to go up this ignition is created by these bots who ladder up their buys of high quantities making people believe that the market course has reversed and after this things settle these whales are the first ones to book profit because they had brought so low. This is why we generally see tiny corrections after such a giant move it's the whale selling off their buys.

I agree. Bots are merely programmable software that's been created and provided by a certain exchanger which helps their Traders to trade in a convenient way if they are tired and want a break from Trading, even my friend creates his own bot for Trading using Java script, this ain't Iron Man jarvis AI to control and manipulate the market, you could also do it if you are going to study some programming languages that could make bots.

Yea right.... 😀