Topic: Bitcoin Prices are Being Manipulated... - page 2. (Read 771 times)
There are reports that the price of bitcoin and other cryptocurrencies are manipulated by some big investors or whales and they are the reasons why the ecrypto market is in bearish situation until now. But I think the main reason in the continued downtrend of bitcoin might be a massive selling or dumping by some investors who are in a state of panic and want to cut their losses. Others are just waiting for the bitcoin to fall further until it become more cheaper before buying again.
Yes, bitcoin value as we know depend on supply and demand so it's possible to see bitcoin value so manipulative.
So that's why people aware the risk of bitcoin trading but we as human also greedy creature that want to achieve anything for profit.
~ Money is not everything but everything need money , isn't it ?
So that's why people aware the risk of bitcoin trading but we as human also greedy creature that want to achieve anything for profit.
~ Money is not everything but everything need money , isn't it ?
I belong to that school of thought that bitcoin is being manipulated by few individuals who have the power to do so. Although the world of blockchain is decentralized system with no particular regulator, there are some individuals who have the power to manipulate the market to their benefits.
maybe this drama will end, yesterday's battle will be over and bchsv will lose. hopefully this will be a good sign for bitcoin.
although there is no certainty whether the war on social media still continues between the two supporters. I want BTC to be stable again.
although there is no certainty whether the war on social media still continues between the two supporters. I want BTC to be stable again.
For instance, there's a chance that some people simply got tired of waiting for a bull run or some upward movement and decided it was time to dump,
why would they sell something that is not moving? and why would they dump instead of selling?
put yourself in their shoes. imagine you have bought bitcoin and gotten tired of waiting for the bull run. would you immediately dump all you have on the market or will you wait because you know no matter what, the price will go up. besides unless you think they are all brainless, nobody dumps a lot of bitcoin in one go. they sell slowly.
this was a big ass dump which makes it manipulation not natural traders getting out because of boredom which doesn't make sense at all since we were in an accumulation phase!
The issue of price/market manipulation is one reason why crypto is dreaded by so many investors, Pumps and Dumps only scare people off fr the space, and way I see it even Bitcoin is currently being manipulated by those actors who have a thing of two to gain! These acts will only portray the market in bad light and prevent investors trust!
Just what I am thinking about. I believe that bitcoin prices are being manipulated but I don't know how can they manipulate the market, that must be the person has so much power in crypto world.
Bitcoin price is indeed manipulated by its users. Users of Bitcoin are the major determinant of the price on the market. After all, there should definitely be correction period after a huge spike last year December. I do not buy into the idea that Bitcoin is manipulated by a bots.
I think every possibility can happen with bitcoin including price manipulation, but we don't know the truth. And if you read some news like that but you don't know the truth, you will become worried and have a little afraid. You will think how about my bitcoin? What do I need to do with my bitcoin? They will create more and more false news to make people worry and afraid so they can take the benefits of bitcoin at the low price. We already see much negative news or positive news came to us and yes, it gives an impact on the price. So I think the manipulation of the price comes from the news itself which want to make people become panic.
I believe that someone can really manipulate the market. The so-called whales can change the situation in order to make profit.
I mean to invest less and earn more. We can't be sure in it as crypto market continues to stay a miraculous place.
I mean to invest less and earn more. We can't be sure in it as crypto market continues to stay a miraculous place.
You're right. Miracles do not exist. Every investor wants to gain a profit, especially the "whale". Crypto exchange markets differ from traditional stock markets in that no one can stop trading if the price crashes, hence there are many manipulators. Thus, if one large BTC owner is suddenly selling his coins, the other large holders also start selling their coins. Probably the Bitcoin miners decided to get fiat money for purchasing electricity and reimbursing other expenses.
Yes, it's being manipulate by supply and demand only so that's why bitcoin value is volatile.
Unlike gold market if we take the example , we can't control gold market because every company around the world, own gold industry.
Unlike gold market if we take the example , we can't control gold market because every company around the world, own gold industry.
indeed at this time the demand for bitcoin is increasing, and it does make prices manipulate up and down. so at this time we should not be surprised that the bitcoin prices go up and down. because now the conditions are like that.
Many people share this opinion that Bitcoin price is being manipulated by exchanges and I am one of them. It's really strange how within seconds the price comes crashing. I don't believe it's normal.
But BTC in contrast to fiat which is controlled by banks, is open source, transparent and neutral.
And with more adoption it would easily resist manipulations.
And with more adoption it would easily resist manipulations.
To manipulate bitcoin you need to have a lot of money. Since it is decentralized and its price does not depend on any particular person. Perhaps large investors are uniting in order to influence the price, but soon it will be more difficult to do.
yes, this is very real manipulation, we are experiencing this market manipulation, whales have an important role to play in controlling the free market as they wish.
they manipulate the graph, they control the market, and they also push the altcoin to fall.
they manipulate the graph, they control the market, and they also push the altcoin to fall.
There is a manipulation with Bakkt in the middle of it. They told some insiders that they were going to postpone the launch and a week before the news were announced insiders sold their coins. We had a big crash, CEO of BAKKT went public with the delay, people panicked a bit and sold ven more and the insiders were waiting for that ad buying cheaper. That's how you make money in the big world.
I don't doubt that there's been some manipulation going recently in the market, and that may be one of the main reason for the current drop, but I don't discard the fact that there are other factors in play causing the current downtrend. For instance, there's a chance that some people simply got tired of waiting for a bull run or some upward movement and decided it was time to dump, this triggered a panic selling wave which caused the price to go further down.
There might be some people out there who have the same mindset, especially with the current bearish sentiment growing stronger everyday, so there's a high chance that prices will keep going down.
There might be some people out there who have the same mindset, especially with the current bearish sentiment growing stronger everyday, so there's a high chance that prices will keep going down.
That is true
To be honest ,bitcoin price is being manipulated because it is still in the hands of whales that bought it very cheap.So,they can move it high or low.if you watch what happened recently ,they broke market structure by driving the price down knowing fully well that once the price goes down many noobs that don't have in depth knowledge on what crypto will sell off aggressively.
However, the whales know that many people are waiting for bull run on December, and they use that as an added advantage by working against what majority thinks.Now,noobs have ended up selling their bitcoin ,and whales have ended up accumulating. Moreover ,whales know that without manipulating the price there won't be scarcity for bitcoin.So,bitcoin is being manipulated.
On the other hand,the manipulation is going on because bitcoin has not been adopted by the masses ,and once it is adopted by masses ,they won't have the financial capacity to manipulate the price again.Even if they try to manipulate, they will get burnt in the process.
However, the whales know that many people are waiting for bull run on December, and they use that as an added advantage by working against what majority thinks.Now,noobs have ended up selling their bitcoin ,and whales have ended up accumulating. Moreover ,whales know that without manipulating the price there won't be scarcity for bitcoin.So,bitcoin is being manipulated.
On the other hand,the manipulation is going on because bitcoin has not been adopted by the masses ,and once it is adopted by masses ,they won't have the financial capacity to manipulate the price again.Even if they try to manipulate, they will get burnt in the process.
I agree with you, were are on the hands of the whales. I think the bull run is going to be on February or March
Bitcoin was designed to be decentralized and is, but there is no way to stop money from getting what it wants, and when you consider that over 50% of the entire bitcoin is owned by less than 1% of the entire bitcoin population, you might doubt that it actually is.
But BTC in contrast to fiat which is controlled by banks, is open source, transparent and neutral.
And with more adoption it would easily resist manipulations.
But BTC in contrast to fiat which is controlled by banks, is open source, transparent and neutral.
And with more adoption it would easily resist manipulations.
I agree with you
To be honest ,bitcoin price is being manipulated because it is still in the hands of whales that bought it very cheap.So,they can move it high or low.if you watch what happened recently ,they broke market structure by driving the price down knowing fully well that once the price goes down many noobs that don't have in depth knowledge on crypto will sell off aggressively.
However, the whales know that many people are waiting for bull run on December, and they use that as an added advantage by working against what majority thinks.Now,noobs have ended up selling their bitcoin ,and whales have ended up accumulating. Moreover ,whales know that without manipulating the price there won't be scarcity for bitcoin.So,bitcoin is being manipulated.
On the other hand,the manipulation is going on because bitcoin has not been adopted by the masses ,and once it is adopted by masses ,once bitcoin is used in every day transaction of which i believe that one day it will go around the world ,whales won't have the financial capacity to manipulate the price again.Even if they try to manipulate, they will get burnt in the process,and that will serve as lesson to others .
However, the whales know that many people are waiting for bull run on December, and they use that as an added advantage by working against what majority thinks.Now,noobs have ended up selling their bitcoin ,and whales have ended up accumulating. Moreover ,whales know that without manipulating the price there won't be scarcity for bitcoin.So,bitcoin is being manipulated.
On the other hand,the manipulation is going on because bitcoin has not been adopted by the masses ,and once it is adopted by masses ,once bitcoin is used in every day transaction of which i believe that one day it will go around the world ,whales won't have the financial capacity to manipulate the price again.Even if they try to manipulate, they will get burnt in the process,and that will serve as lesson to others .
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