Bitcoin Prices are Being Manipulated... - page 4.

JackyChu

newbie

Activity: 28

Merit: 0

Quote from: waterman on November 22, 2018, 10:07:59 PM

In the article "Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation.

What do you guys think? I think that maybe there is a little manipulation

full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086

I also think that bitcoin price is manipulated by someone. Not knowing exactly who but I think there are some one try to manipulate the price, make the price go down and they will buy as much as possible.

Sethrey

jr. member

Activity: 916

Merit: 1

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.

nicster551

sr. member

Activity: 896

Merit: 253

Quote from: waterman on November 22, 2018, 10:07:59 PM

In the article "Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation.

What do you guys think? I think that maybe there is a little manipulation

full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086

Yes, it truly is because they may be doing this price movement that the price of Bitcoin is really going down to make people panic and let those small investors get out of the market and will let the market go up again once the time is right.

Gloverwrt

member

Activity: 126

Merit: 11

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.

MMS2017

full member

Activity: 546

Merit: 100

Bitcoin is not controlling by central department so it can be manipulated by many users who have a strong hold in bitcoin and it is the best way to change the whole market with your moves and now bitcoin price is recovering so it will goes to stability and these coins will be more stable.

Ispep

member

Activity: 154

Merit: 24

The future of security tokens

We are kinda looking for answers as to why the price of the bitcoin is deteriorating so fast,and manipulations as you stated(or as the article states),could be one of the reasons,i think it could either be whales/government manipulations...

The whales who definitely control a large % of the market,could probably be the ones manipulating the price of the bitcoin(i do not know how true though,its just mere speculations )

But as for the bitcoin being any less free,that in my opinion is incorrect,the very reason it can be manipulated already proves that it's free from any regulations(decentralized),as Large groups of individuals can manipulate the market at their own discretion

SUDARMONO

full member

Activity: 504

Merit: 100

I really feel like that, and I also strongly believe that the price of bitcoin is indeed manipulated in the market so that the price of bitcoin has decreased greatly.

pooya87

legendary

Activity: 3472

Merit: 10611

"price" being manipulated has nothing to do with bitcoin being a decentralized currency which is giving freedom and control to its users.
"price" relates to trading and exchanges, which are centralized, small and manipulated. that is an undesirable fact but not a secret. and it is not ALL manipulation. it is also like this because of the smallness of the market. when a big panic sell occurs the price crashes hard because exchanges aren't trusted places where people feel safe to leave open orders which requires leaving money on exchanges. not having open orders means the order books are not packed and a small sell can result in a big drop.

waterman

full member

Activity: 192

Merit: 119

★Bitvest.io★ Play Plinko or Invest!

In the article "Dirty secret revealed in new bitcoin crash", the writer Jason Murphy says that "Bitcoin is supposed to be an expression of collective free will in a system controlled only by the incorruptible mathematics of cryptography. The currency collapse pattern suggests Bitcoin may not be so free after all" he said this because the prices maybe are being manipulated by bots or someone or some group. He explains that in moments when the markets are having stability and suddenly the prices fall that means manipulation.

What do you guys think? I think that maybe there is a little manipulation

full article: https://www.news.com.au/finance/markets/world-markets/dirty-secret-revealed-in-new-bitcoin-crash/news-story/18d203a429ee1cc145f79d3ada7e2086

Topic: Bitcoin Prices are Being Manipulated... - page 4. (Read 771 times)