Bitcoin Price Manipulation Pushing the price Further Low - page 2.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: sheenshane on November 09, 2019, 02:03:57 AM

The suddenly downturn and become rapidly surge back again the price of Bitcoin is not an extraordinary happening. It will always repeatedly happen that after dragging down there is an opposite reaction, not all the time Bitcoin pushing the price further low. Okay, let say that was made by the whales or those people who had a large pocket and can accumulate a huge amount of Bitcoin to play the market price. So, such purchases Bitcoin from those whales could be explained by demand from market participants.

Yes, they can manipulate but they had no power to full control of the price, once a strong demand was on the top and those crypto enthusiasts will holding their Bitcoin, whales are nothing can do. Or else we should learn how to ride those movements of whales.

Whales understand the emotions that still flowing around the market that's why they can easily create artificial movements in order to attract weak
investors to follow. If you will analyze and build your own grounds you won't be affected by this principle, although you can also have the good chance to work with those fluctuations if you do have spare money to invest. Set aside your holdings if you already have it from your wallet use additional money to reinvest if you plan to deal with the current dropped.

sheenshane

legendary

Activity: 2492

Merit: 1232

The suddenly downturn and become rapidly surge back again the price of Bitcoin is not an extraordinary happening. It will always repeatedly happen that after dragging down there is an opposite reaction, not all the time Bitcoin pushing the price further low. Okay, let say that was made by the whales or those people who had a large pocket and can accumulate a huge amount of Bitcoin to play the market price. So, such purchases Bitcoin from those whales could be explained by demand from market participants.

Yes, they can manipulate but they had no power to full control of the price, once a strong demand was on the top and those crypto enthusiasts will holding their Bitcoin, whales are nothing can do. Or else we should learn how to ride those movements of whales.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: TravelMug on November 09, 2019, 01:27:40 AM

It's already a given fact, manipulation is here to stay. But it's two fold, it could either blow the price, just like what we see in April, from $3k then gradually we went 5 digits again. It was reported that this is a coordinate effort from whales back then.

On the other hand, there's also whales who wanted to pull the prices. So what we need to learn is how to swim with them in the ecosystem, rinse and repeat.

Yes we need to go really active and stay focused so that we could make a right move as we can afford to win when the value increases by multi folds and at the same time we cannot risk losing our investment if the value dump as everyone wants to make profit through the market volatility and price manipulations.

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: Kprawn on November 09, 2019, 01:41:11 AM

It is no big secret Roll Eyes

that markets are being manipulated by traders with big pockets. This is not unique to Bitcoin, because it happens with

every other trade-able commodity or shares out there. There are even organized cartels out there that are doing this on a full time basis, even with

old traditional investment options like Gold and Silver and Oil. In Bitcoin it is just so much easier, because a lot of exchanges are not regulated and

whales are trading large amounts on these exchanges to manipulate the price.

We are all aware how market is manipulated and we are all aware that there's a big whale here either he is an individual or company, but we know that they can manipulate the price if they want it to go down or to go up, so for us as a common investor, we should know when are we going to buy and sell too, if we want to make profit in just short period, but if you don't care and you are planning for long term then so be it.

Kprawn

legendary

Activity: 1904

Merit: 1074

It is no big secret Roll Eyes

that markets are being manipulated by traders with big pockets. This is not unique to Bitcoin, because it happens with

every other trade-able commodity or shares out there. There are even organized cartels out there that are doing this on a full time basis, even with

old traditional investment options like Gold and Silver and Oil. In Bitcoin it is just so much easier, because a lot of exchanges are not regulated and

whales are trading large amounts on these exchanges to manipulate the price.

TravelMug

hero member

Activity: 2632

Merit: 833

It's already a given fact, manipulation is here to stay. But it's two fold, it could either blow the price, just like what we see in April, from $3k then gradually we went 5 digits again. It was reported that this is a coordinate effort from whales back then.

On the other hand, there's also whales who wanted to pull the prices. So what we need to learn is how to swim with them in the ecosystem, rinse and repeat.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: CLS63 on November 06, 2019, 07:23:32 AM

I think price manipulation is not a thing that is to be too surprised about. It is always possible in this market as Bitcoin is decentralized and the price is effected by the very big transactions.

This manipulation has become stronger since the CME and CBOE had opened. It gave rich businessmen a way to play with the price buying OTC and dumping on smaller, yet important exchanges like Bitstamp or doing the same thing the other way round to pump the price. At the same time half of their money is in futures where they're safely making money.

Don't panic people and don't follow manipulated trades. It's not a market trend when someone all of a sudden dumps a million dollars.

Doell

hero member

Activity: 2156

Merit: 531

let people say whatever because we all do not manipulate anything ,things that must be considered by the market are not easy to manipulate ,if it is easy then there is no loss for traders everything is profitable ,market price is not easy just by analyzing we need real evidence Cheesy

Shasha80

sr. member

Activity: 1876

Merit: 318

Bitcoin price manipulation often occurs on the market, usually the whales who have large capital to make
price manipulation. Which can make the price of bitcoin suddenly go up or even suddenly go down. They
do it its purpose manipulation makes people become FOMO when prices go up and will buy bitcoin at high
prices. The opposite make people panic sell when prices fall. So from that when we enter the market do
a variety of analysis to be able to distinguish which is the original pump or down. We must not be exposed
to the trap of price manipulation by Whale.

CLS63

legendary

Activity: 1932

Merit: 1757

I think price manipulation is not a thing that is to be too surprised about. It is always possible in this market as Bitcoin is decentralized and the price is effected by the very big transactions.

tsaroz

legendary

Activity: 3094

Merit: 1069

DGbet.fun - Crypto Sportsbook

Quote from: Harrydose on November 06, 2019, 03:24:20 AM

Bitcoin price fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.

Source: https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/

The large traders are intentionally trying to lower the price of bitcoin for buying cheap. The recent rise and falls are due to whales buying coins on a low price and not buying on larger price. On every cycle they are accumulating bitcoin and they'll dump it when the real manipulation starts.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: Astvile on November 06, 2019, 06:36:22 AM

Manipulation is everywhere in this world. Government related stuff and specialy bitcoin. Media is the biggest contributor to bitcoins manipulation, forcing people to believe in either negative or positive side of bitcoin. The life is always been unfair and theres always someone/something controlling everything.

In addition, whales do often manipulate the market but in my opinion, it is for the sake of the betterment of the coin. Manipulating the cryptocurrency to make its market price increase is somehow beneficial to traders around the world. Thus, not all manipulation has its positive effects on the people. There are people who can manipulate bitcoin news and information to make their image better in front of the people. In such a case that it is only for their personal purpose, greed, and self-interest.

For me, manipulation should have positive effects (utilitarian) rather than protecting someone's interest in the market. We shouldn't allow negative manipulation so we need to pack ourselves a bunch of knowledge to filter out information that we get from people we don't really know.

lionheart78

legendary

Activity: 2954

Merit: 1153

Who else will manipulate the Bitcoin price if not the traders themselves? That is a reaction to the OP's linked article. It is not surprising that every trades are manipulated for a simple reason of gaining advantage to get more profits against the other traders. The simple setting a buy wall and sell wall is already a manipulation in favor to the person who is putting that order.

Astvile

sr. member

Activity: 1484

Merit: 276

Manipulation is everywhere in this world. Government related stuff and specialy bitcoin. Media is the biggest contributor to bitcoins manipulation, forcing people to believe in either negative or positive side of bitcoin. The life is always been unfair and theres always someone/something controlling everything.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: blckhawk on November 06, 2019, 04:40:20 AM

Price manipulation can't be prevented in the market. I also have noticed high trading volume in the past week and it's either manipulation or just pure demand and attention bitcoin has been getting with the recent news about adoption. Still though, it's quite impressive that it retains somewhere near $9k region and with the anticipated bitcoin halving, I'm also postive it would reach higher prices and break current resistance levels.

Traders buy and later decide to sell in order to make profits and that's just the way it is even in stocks and forex trading and unfortunately that also let's the price goes down when a lot of traders tend to sell at the same time which makes the value plummets.

bounceback

sr. member

Activity: 2086

Merit: 283

Vave.com - Crypto Casino

Quote from: Harrydose on November 06, 2019, 03:24:20 AM

Bitcoin price fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.

Source: https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/

We cannot blame them for traders who manipulate market prices up and down because their traders have a slight profit, we actually don't know for sure now what caused bitcoin prices to fluctuate this week even though in your article saying something like that caused a market decline but I can't take guidance from the news because there is no clear evidence.

blckhawk

sr. member

Activity: 1554

Merit: 334

Price manipulation can't be prevented in the market. I also have noticed high trading volume in the past week and it's either manipulation or just pure demand and attention bitcoin has been getting with the recent news about adoption. Still though, it's quite impressive that it retains somewhere near $9k region and with the anticipated bitcoin halving, I'm also postive it would reach higher prices and break current resistance levels.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: samcrypto on November 06, 2019, 04:02:02 AM

Quote from: Harrydose on November 06, 2019, 03:24:20 AM

Bitcoin price fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.

Source: https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/

I don't think its purely manipulated simply because there are some traders who bought at the level of $8k and for them to make profit they sold early when we hit the $10k level last week. Whales can pump and dump the market, this is not new and I support traders who are making money in just a short period of time. If I were to trade, I will also play short because its the best way to make money right now, the pump and dump is good for them.

Yes there is no mistake of traders ad it's a part of their job to buy at low and sell at peak especially when they know that it's a manipulated pump by the whales to gain more profit as usual increase does not suffice their greed. Everyone who is related to crypto are aware of price manipulation and now we have to play accordingly to avoid any loses to us.

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Quote from: Harrydose on November 06, 2019, 03:24:20 AM

Bitcoin price fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.

Source: https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/

I don't think its purely manipulated simply because there are some traders who bought at the level of $8k and for them to make profit they sold early when we hit the $10k level last week. Whales can pump and dump the market, this is not new and I support traders who are making money in just a short period of time. If I were to trade, I will also play short because its the best way to make money right now, the pump and dump is good for them.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: Harrydose on November 06, 2019, 03:24:20 AM

Bitcoin price fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.

Source: https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/

Deep studies always find out that the Bitcoin market is manipulated to a certain extent. When there is a dump and the price is falling, there is manipulation. But if the price is rising, the deep studies are still claiming the same thing. What is not manipulated, after all? Bitcoin's price value is determined by the market demand, primarily by the traders. The whales have the edge but not the total control.

These deep studies are finding the same thing in almost everything. The crypto market is manipulated, albeit much less, just like the stock market and the forex market, and oil, arms, car, airplane, wine, fish, pork, vegetables, and even the elections.

Topic: Bitcoin Price Manipulation Pushing the price Further Low - page 2. (Read 399 times)