Common, nobody cares anymore. The price went up, it's been a week, the price now is where it is. I think it's best to move on and catch the next wave of manipulation rather than worrying about the past. Funny how nobody complains when the manipulation is pumping the price, but that's another story.
It seems you are forgetting that traders not only can go long but they can go short, and I can assure you those that were shorting the market care very much about why this happened and even worse if any of those that were shorting the market were using leverage you can bet they got a margin call and were forced to sell their coins, also the jump that we saw is probably one of the biggest we have seen in the recent history of bitcoin and even if we never find out why it happened we will always wonder about it. 
Topic: Bitcoin's Latest Rise Was Manipulated? (Read 1601 times)
All the people who were short still care, unless you are saying they were the cause 
It still matters why the price moves like it does because especially on speculation it has some effect on where people will make money. If the market price were completely fake, it would probably result in the whole of Bitcoin failing eventually. So far as I can see its not that different to other markets with normal reactions to news but also supply, demand and recent sentiment after a rise or fall.
The obvious thing I can say here is most people are that experienced in free market flow, if we were genius at this kind of trading it would result in some very fine profits. Its maybe a 1% thing where the vast majority of participants are most of the time observing changes not ahead of the change and making profit from it, its definitely not easy and imo investment is more likely to give an advantage over time then the very jumpy speculative game of trading.
It still matters why the price moves like it does because especially on speculation it has some effect on where people will make money. If the market price were completely fake, it would probably result in the whole of Bitcoin failing eventually. So far as I can see its not that different to other markets with normal reactions to news but also supply, demand and recent sentiment after a rise or fall.The obvious thing I can say here is most people are that experienced in free market flow, if we were genius at this kind of trading it would result in some very fine profits. Its maybe a 1% thing where the vast majority of participants are most of the time observing changes not ahead of the change and making profit from it, its definitely not easy and imo investment is more likely to give an advantage over time then the very jumpy speculative game of trading.
Common, nobody cares anymore.
I still care so you can't say nobody, 
The price went up, it's been a week, the price now is where it is. I think it's best to move on and catch the next wave of manipulation rather than worrying about the past. Funny how nobody complains when the manipulation is pumping the price, but that's another story.
I already get used to what I am seeing, market manipulation has been happening, and I even think that in very great and tough situations of the market, its all manipulated, even the last bull run was driven by the manipulation before it gained FOMO from the people. 
Common, nobody cares anymore. The price went up, it's been a week, the price now is where it is. I think it's best to move on and catch the next wave of manipulation rather than worrying about the past. Funny how nobody complains when the manipulation is pumping the price, but that's another story.
I believed that there are manipulators who have manipulated the market last sudden raise up of bitcoin price.
Others said that it is because of the president of China announced in blockchain adaption but I think that was a coincidence but the fact is those big whales trying to manipulate the market price. Nevertheless, we can't give an accurate answer to this since no one knows what is really happen. It's unpredictable.
Others said that it is because of the president of China announced in blockchain adaption but I think that was a coincidence but the fact is those big whales trying to manipulate the market price. Nevertheless, we can't give an accurate answer to this since no one knows what is really happen. It's unpredictable.
See the main thing is that no one knows the exact reason for sudden rise of bitcoin prices and now they stands at $9200.This pumps coule be due to manipulations by the whales but prices have not dropped to lower level say $7-$8k after the rise which is general policy of dump situation.We will see another correction shortly before the huge surge next year and we can see prices to $20k by last of 2020.
If the rise was manipulated, what would be the reason why bitcoin hasn't dropped back down? You would think that once the so-called manipulators did their job and boosted the price of bitcoin, this would lead a lot of holders to sell at a profit and thereby driving the price back down. That didn't happen, and it's not the first time bitcoin has made a pretty dramatic price movement.
So no, I don't think there was any intentional manipulation responsible for this last rise. Even if I did think that was the case, there's no evidence, let alone proof of this. There usually never is, because nobody ever knows who's buying or selling and why. Saying the price of bitcoin is being manipulated smacks of conspiracy theory, and I generally don't subscribe to those. What we saw was just typical market forces causing bitcoin to be volatile, which it has been since day one.
So no, I don't think there was any intentional manipulation responsible for this last rise. Even if I did think that was the case, there's no evidence, let alone proof of this. There usually never is, because nobody ever knows who's buying or selling and why. Saying the price of bitcoin is being manipulated smacks of conspiracy theory, and I generally don't subscribe to those. What we saw was just typical market forces causing bitcoin to be volatile, which it has been since day one.
Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.
Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.
Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?
Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.
Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.
Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?
actually I also don't know exactly what caused the price of bitcoin to suddenly pump. but in my opinion, the Chinese president's statement about supporting the blockchain yesterday did have an impact on the price of bitcoin. because we know that most investors and bitcoin miners come from China. so when China releases news about bitcoin or blockchain it will have an impact on the price of bitcoin. but also yesterday's rise was caused by whales manipulating the bitcoin market.
I can't tell right now as it seems a clear breakout for me and now we are in correction it might be a retracement down below to 8k area then have some. Nice consolidation there before another run up. I think that the recent big drop before that price rise was the manipulated one because as we can see we are in a good range that have support and the price dumps before the price reversal takes over.
That's to be the most speculation of the people around but quite to see the market still stand to it and not going to dump either way. It is to see that there is no strong resistance uplift the market, thus, not really to think that the market will move high this year but rather to see the market will remain as what it has today. Well, we can't get into the conclusion since halving will happen early next year and maybe it could help to drag the market going up.I do not have any idea if the price of bitcoin really manipulated by someone. Maybe some of the member here say that it was manipulated because as you can in a short period of time the price really goes up and it spike up to 10,000$. But for me, the president of china is also the reason why the price become high and just a couple of hour the price remain at the price of 9000$+.
Has it become a lot of reasons just because his speech that talked about the bitcoin blockchain has increased in a short amount of time? well after the trend has passed and the price of bitcoin is now $ 9,200 whether bitcoin will increase again or go down? I think this is still a question mark and experts haven't given a prediction at this time.
Without china news still, I think that before the year actual comes to a close, we will definitely have the value of bitcoin increase to almost $15k and if not above that. The market is fully recovering, which I think the next target within the next full weeks is $10k, although bitcoin may have found it to break further barrier at the point it reaches $9700, but the next move will break that line.
I don't think the latest bitcoin rise is manipulated. The Chinese leader was a big part of the rise because he is influential. Chinese institutions and rich people bought bitcoin after hearing the importance of blockchain in the future. Other foreign institutions and whales followed the ride for quick gains reason why there is a present dip. There is no manipulation here, this is normal happenings just like how Trump and other influential personalities statements affects certain commodities and currencies.
The rise from $7,400 going to $10,000 in two days because "good news" was not manipulated?
Plus watch out for the Bart Pattern completing. High possibility that "the rise" was made using borrowed money/margin/leverage.
Whenever the price rise then it should be considered as manipulation and whenever the price is down then it is the end...
This volatility is a nice characteristic of Bitcoin vs other cryptocurrencies or FIAT and it will remain
But, I do see in different way that the drop was manipulated and the rise was organic. I mean look at the price right now, people are happy with it, they like the $10k price, when it was around $7k or even at $8k people were uncomfortable, they didn't like it, they were thinking about getting out because it could go down even further before going up, basically 7-8 levels made them uncomfortable in general.This volatility is a nice characteristic of Bitcoin vs other cryptocurrencies or FIAT and it will remain
However, in the end when price reached around $9k (a bit bigger) they realized that is a fine level, they are not asking for $20k right now, they are not asking for even $15k, around $10k is enough for everyone, nothing more but nothing less. It is a comfortable price where we enjoy the price and start using it how it should have been, for spending and earning or basically sending and receiving.
now have got the profit in my pocket after the sudden rise really changing my mind lol , yes psychological factors have a big impact. the rise is organic because of several events making people in FOMO. the down is not because that is the way traders work on making money.
however i do exchanged the coins out to cash now and i think some other investors or traders doing the same like me , that is causing the market slightly down too in correction, for how long? i think until this mid-month swing will occured between $8500 to $9500, i still waiting for the right time to set the buy order again .
There is not enough liquidity on the exchanges. Not enough existing sell and buy orders. So when someone places a big market order (either a buy or a sell) it burns through the existing orders.
What liquidity you are still looking?BTC has the highest trading volume in the market with over $25 billion as of this writing per https://coinmarketcap.com/, I think the volume is decent enough to consider that it has a great liquidity, and these volume are the total volume in different exchanges and big portion are coming from big exchanges.
The market is always "manipulated" long and short. Usually with longs and shorts. The idea that the price can easily be moved 20% in a day with a single pump or dump, two days in a row even, should make it obvious to anyone by now. This isn't the first time and it won't be the last.
Quote from: Coinounce
Bitcoin futures exchange Bakkt also reported the highest daily volume today. Bakkt saw a trading volume of 1131 BTC. The sudden pump could be a clear sign of market manipulation as bitcoin surged through all technical resistance in no time at all.
Other says that it was Chinas responsibility. Not by manipulating though it was some kind of stuff that is related to their opening of crypto don't the exact situation and it was just a mere coincidence by Whales. If it ain't true, then what's sure for now is that we might as well experience a pumps sooner with these situation rising up side by side.
I can't tell right now as it seems a clear breakout for me and now we are in correction it might be a retracement down below to 8k area then have some. Nice consolidation there before another run up. I think that the recent big drop before that price rise was the manipulated one because as we can see we are in a good range that have support and the price dumps before the price reversal takes over.
That's to be the most speculation of the people around but quite to see the market still stand to it and not going to dump either way. It is to see that there is no strong resistance uplift the market, thus, not really to think that the market will move high this year but rather to see the market will remain as what it has today. Well, we can't get into the conclusion since halving will happen early next year and maybe it could help to drag the market going up.I can't tell right now as it seems a clear breakout for me and now we are in correction it might be a retracement down below to 8k area then have some. Nice consolidation there before another run up. I think that the recent big drop before that price rise was the manipulated one because as we can see we are in a good range that have support and the price dumps before the price reversal takes over.
That's to be the most speculation of the people around but quite to see the market still stand to it and not going to dump either way. It is to see that there is no strong resistance uplift the market, thus, not really to think that the market will move high this year but rather to see the market will remain as what it has today. Well, we can't get into the conclusion since halving will happen early next year and maybe it could help to drag the market going up.
I can't tell right now as it seems a clear breakout for me and now we are in correction it might be a retracement down below to 8k area then have some. Nice consolidation there before another run up. I think that the recent big drop before that price rise was the manipulated one because as we can see we are in a good range that have support and the price dumps before the price reversal takes over.
I don't think the latest bitcoin rise is manipulated. The Chinese leader was a big part of the rise because he is influential. Chinese institutions and rich people bought bitcoin after hearing the importance of blockchain in the future. Other foreign institutions and whales followed the ride for quick gains reason why there is a present dip. There is no manipulation here, this is normal happenings just like how Trump and other influential personalities statements affects certain commodities and currencies.
The rise from $7,400 going to $10,000 in two days because "good news" was not manipulated?
Plus watch out for the Bart Pattern completing. High possibility that "the rise" was made using borrowed money/margin/leverage.
but I am very optimistic that bitcoin will continue to increase gradually to reach the highest price, and the good news is not only from Chinese news with the aim of implementing blockcahin but there is a lot of good news that makes bitcoin increase.
Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.
Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.
Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?
Jump to: