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Topic: Can someone manipulate the price of bitcoin? (Read 399 times)

jr. member
Activity: 262
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https://saturn.black
December 12, 2018, 06:20:37 PM
#37
if you want to manipulate the price of bitcoin you must have very large funds, and you must have a very strong community because you can't do all of that alone. this price manipulation is very likely to occur.
legendary
Activity: 1652
Merit: 1265
December 12, 2018, 07:04:37 AM
#36
One person can start a pump & dump project and recruit followers.
Then if you all dump together at a specific date the price will go down.
With enough resources the market will follow suit and start dumping.
Then buy back in after a specific moment and wait for the recovery due to the buy-back.
All will profit at the expense of others.

So yes 1 person can but not on his own unless holding >1000 BTC to play with.
member
Activity: 434
Merit: 10
December 12, 2018, 06:41:46 AM
#35
Bitcoin price can be manipulated by big investors. Some people spread rumor, fake news to dump the market by loosing people's hope and lead them to sell in panic. One person can't be manipulated but few can do this. It is possible.

It can be possible if they have so many holdings like thousands of BTC. As a basic rules of stock, supply and demand could be the major factor that need to be to consider.
copper member
Activity: 1815
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December 12, 2018, 02:32:15 AM
#34
yes, by manipulating public emotions, spreading FUD, rumors - any big group or consortium can manipulate the prices a little fr a while.


Some big investors are also manipulating bitcoin prices on huge level, their capitals are so big and they are start investing in bitcoin at a same time and price of coin start increasing when bitcoin community see price growing they also start buying bitcoin and demand of coin increases so when price reAch maximum price the big investors
Sell their all coins
full member
Activity: 1099
Merit: 116
December 11, 2018, 10:31:19 AM
#33
Bitcoin price can be manipulated by big investors. Some people spread rumor, fake news to dump the market by loosing people's hope and lead them to sell in panic. One person can't be manipulated but few can do this. It is possible.
hero member
Activity: 1246
Merit: 529
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December 07, 2018, 08:17:35 AM
#32
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?


Anyone could manipulate the market performance of any investments either crypto or non crypto investments as long as they have huge financial resources at their disposals in which this price manipulation is already known for a long time and become normal in nature. Truly they will not benefits of this low market volume but we don't know if this is part of their plan or i'm afraid that more people in fear are now avoiding this investments because of these manipulations environment.

Well i think those people who have enough coins to manipulate the market are probably on observer mode right now looking where this could go. Their money would go a very long way if they can buy in bulk near the bottom. They might be looking at how long will people continue to be anxious about the market status.
copper member
Activity: 228
Merit: 23
December 07, 2018, 07:56:54 AM
#31
They have been manipulation bitcoin ever since it came out. There was no time in history that bitcoin was not manipulated at all.

In 2018 the biggest manipulation came from whales who realized that if the price went from 1 to 2 they would make profit but if it went from 2 to 1 and they short it at the same time they double their investment with the same amount of funds not needing extra money for it. Hence, they manipulated to drop since it was easier to drop the price of bitcoin instead of keep fueling the increases in prices.

Even to this day no whale is working towards getting the price higher, they keep talking but never put their money where their mouth is. Hence there is absolutely no point of thinking bitcoin is not manipulated. It is the most volatile, most unregulated, most dangerous but rewarding investment anyone can do.

Agreed. Whales have manipulated from the beginning and will continue forever. No one will ever have as many coins as them if someone tries to corner the market they will let them buy and then dump the price dpwn to nothing. Its all about the wash rinse repeat cycle of whales. Thry can just keep churning over the same coins forever until someone can contest them.
legendary
Activity: 1176
Merit: 1024
December 07, 2018, 07:38:43 AM
#30
They have been manipulation bitcoin ever since it came out. There was no time in history that bitcoin was not manipulated at all.

In 2018 the biggest manipulation came from whales who realized that if the price went from 1 to 2 they would make profit but if it went from 2 to 1 and they short it at the same time they double their investment with the same amount of funds not needing extra money for it. Hence, they manipulated to drop since it was easier to drop the price of bitcoin instead of keep fueling the increases in prices.

Even to this day no whale is working towards getting the price higher, they keep talking but never put their money where their mouth is. Hence there is absolutely no point of thinking bitcoin is not manipulated. It is the most volatile, most unregulated, most dangerous but rewarding investment anyone can do.
legendary
Activity: 1526
Merit: 1179
December 06, 2018, 09:02:39 PM
#29
I don't think someone can manipulate the market. Maybe a group of billionaires can manipulate the market. Because they  have the resources to manipulate the market.
If you realize how thinly traded this market is, you'll know that a few hundred million in Bitcoin is enough to terrorize the global crypto market, because Bitcoin takes everything down with it whether altcoiners like it or not.

Surprisingly, I haven't seen many large buy walls in the last couple of weeks, while I have seen them pop up quite frequently when the price was still hovering over the $6000 mark. Probably an indication of the fear of investors?

Overall, manipulation is doing either good or bad for you, which all depends on what side of the market you are. If you're accumulating and the price tanks, you'll obviously love their effort to buy cheaper coins.

The same goes up for if you have bought and the price pumps afterwards. That's good manipulation from people's perspective, but brace yourself for when manipulation works against people, then is no longer cool. Cheesy
full member
Activity: 854
Merit: 108
December 06, 2018, 07:58:16 PM
#28
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?


Anyone could manipulate the market performance of any investments either crypto or non crypto investments as long as they have huge financial resources at their disposals in which this price manipulation is already known for a long time and become normal in nature. Truly they will not benefits of this low market volume but we don't know if this is part of their plan or i'm afraid that more people in fear are now avoiding this investments because of these manipulations environment.
full member
Activity: 401
Merit: 100
December 05, 2018, 06:43:25 PM
#27
For something relatively beneficial like bitcoin, it was not surprising to know that someone was indeed manipulating its price. We should be more astonished if there wasn't. I am most certain that those traders that holds large quantities of bitcoin may be the manipulators. Let us also not put aside the miners. For miners, it only makes sense for them to want to push prices higher from an economic perspective. Otherwise, mining no longer becomes a profitable enterprise. These individuals all have their vested interests to push for higher price - wealth concentration.
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
December 05, 2018, 05:57:18 PM
#26
I don't think someone can manipulate the market. Maybe a group of billionaires can manipulate the market. Because they  have the resources to manipulate the market.
legendary
Activity: 1652
Merit: 1483
December 05, 2018, 04:21:36 PM
#25
my opinion on manipulation is that it's less prevalent and more difficult to pull off than people think. the market is globally distributed, with some exchanges in shady and unregulated jurisdictions and others tightly regulated. certainly, large players may try to manipulate the market, but it's easier said than done. what often happens is a smaller whale gets eaten by a bigger whale---or he gets eaten by the market as a whole.

In the current times, perhaps it's even difficult to pull off, but always remember that even in closely and highly regulated markets, this is still occurring without anyone being prosecuted and brought to the courtroom. Knowing how scattered and large the market is now, it's hard to pull it off, but also knowing that a single sell-off, even just tens of thousands of bitcoin in the market, can flood the whole market, it's still easy to do this for those who have the $$$ and BTC.

i've seen whales dump many thousands of coins, trying to put a lid on a bull market. price immediately recovered and those whales got run over.

whales can't really manipulate the market. they can only push price where it was already going to go. whales who fight the market (trying to manipulate in the wrong direction) don't stay whales for long.

frankly, if we're in a bear market, and a whale thinks price is gonna drop, they should sell. if supply is strong on the OTC market, it's gonna spill over onto the exchanges.
sr. member
Activity: 882
Merit: 282
December 05, 2018, 03:46:45 PM
#24
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?
The way bitcoin's price do fluctuate, it is very possible bitcoin can be manipulated.  I strongly believe in those that has the view that we do invest for whales to make profits.  We can even see from what happened this year alone.  How bitcoin keep making a surprise dump.  I think the whales are manipulating the market and that is why we are seeing this huge dump of bitcoin price.  I believe that in future, if bitcoin and blockchain technology can be regulated the way stocks and commodities market is then the manipulations will reduce.
full member
Activity: 658
Merit: 108
December 05, 2018, 02:49:55 PM
#23
Bitcoin price rise from few cents has been normal. That's due to its advantages. But till now, we have seen many abnormal changes in price.
Sudden rise to 1000 dollar in late 2013 and the price fall after that or what is going right now. All these changes are manipulations in prices.
copper member
Activity: 299
Merit: 1
December 05, 2018, 07:29:52 AM
#22
Of course yes, in short bitcoin is currently suffering from some serious manipulation right now
newbie
Activity: 13
Merit: 0
December 05, 2018, 06:53:04 AM
#21
Please correct me if I am wrong but I think price can be manipulated, maybe for short time, but can be. I read about these telegram groups which dictate members what to do during agreed time on market. And you can see very often traders putting absolutly iracional lower and lower offers, even the market has positive growing trend. People are easy manipulated, if they see a lower and lower offers, they usually start cooperate and start putting their offers also lower and lower. Maybe I am already paranoid  Tongue but on my marketplace I see now every small grow to 3600 eur, to be pushed back by a huge amount of very low offers, which allways appear from one trader in a seconds (using bot) and you can be sure that in 30min is price back to 3390-3400 eur. I think it is easy to manipulate price down. I can not imagine how to manipulate direction up.
But maybe I am wrong and it is just coincidence. But if such a traders operate on each marketplace....I think it is possible to move the price down.



 
jr. member
Activity: 308
Merit: 5
December 05, 2018, 06:45:04 AM
#20
If I'm not mistaken this cryptosystem is business.
What is the meaning of this? Well, possible that those who bought bitcoin at early stage owned big volume of bitcoin in their wallets that whatever they wanted to do as long as it is their gain they can. To manipulate bitcoin you must have big amount to control the movement. Those who control the rebound control the game.
full member
Activity: 434
Merit: 102
December 05, 2018, 06:44:13 AM
#19
it's true that if someone really already has the idea of investing long-term, maybe they don't think too much about the current decline in bitcoin prices, because usually they already buy and hold a large amount, and if they sell it at a low price they will lose in my opinion, so they will sell at the right time and they should have predicted it now.
jr. member
Activity: 229
Merit: 3
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December 05, 2018, 06:41:41 AM
#18
They say big institutions want to manipulate the price to enter at low price and make more money. If that is correct, they have succeed. There is not much to do about it. Just like Wall Street, there are points of leverage.
full member
Activity: 1484
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December 05, 2018, 06:40:30 AM
#17
yes, by manipulating public emotions, spreading FUD, rumors - any big group or consortium can manipulate the prices a little fr a while.

This is true. But then it is not directly. Controlling bitcoin or the price of it directly is somewhat not possible but indirect deeds can probably effect. Just like what have stated above. We can say that those people who are doing it does not believe in bitcoin or they are the people with weak beart. Spreading badnews for their sake.
legendary
Activity: 3248
Merit: 1402
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December 05, 2018, 06:36:25 AM
#16
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?
I once googled the wallets that contain the biggest amount of bitcoin. A significant part of them are major exchanges' cold wallets, so they don't really count. I also tried checking the transactions from the other ones and there were usually only incoming transactions. I think that the big holders don't do panic selling. What they do is actually help us out by buying even more coins when the prices drop. What makes the prices 'manipulated' is us, the typical bitcoin users and crypto traders. When we see some fud, some of us start to write posts like 'this is the end', 'bitcoin will die', helping to spread it forward. When some are starting to sell, they trigger a chain reaction of people selling even more, being afraid they'll lose their money if they don't. If we want a stable market, we should not be those sellers. We shouldn't fall for 'bad news' and the price will remain stable.
legendary
Activity: 1638
Merit: 1163
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December 05, 2018, 06:08:24 AM
#15
I think you should more clearly describe what you're claiming. How exactly are they manipulating?

If banks can just control the price, sure they would do it. But the first question is: how? Just shorting futures isn't per-se an answer - that trade would only go in one direction, and Bitcoin is currently way way too small to actually let big hedge-fonts make meaningful trades. Additionally, someone has to pay the other side of the trade.
The next part is that they would all have to conspire together to make this work. The next part is that it would be much more profitable to manipulate the price up, if they can. And the next part is that Zerohedge is absolutely in no way any sort of reliable source.

it is manipulation not "control" of the price!

and it is so much more complicated than just spreading FUD or selling large amounts of bitcoin as OP says. for example last year we had a period when bitcoin was stuck around $2k price and could not go up. some whales were trying to push it back down to $1000 and $900 which were previous support level. they started an FUD campaign and also sold a lot of bitcoin on exchanges. long story short they lost a lot of money because the market didn't agree with them.

an example of successful manipulation is the recent drop. the FUD about BCH and CSW selling 1 million bitcoin has been around for a while. as BCH forked and some hashrate went out of bitcoin to keep it alive the manipulators took advantage of this situation and dumped and that crashed the already ready market!

by the way profit is in both drops and rises. they just have to know which way market is leaning so that they can give it a little nudge and enjoy the big profit.
sr. member
Activity: 1316
Merit: 379
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December 05, 2018, 06:01:05 AM
#14
You have heard of the Bulls, Whales and the Bears. These are not just names. They are influencers, manipulating the prices of things including bitcoin. So in reality, there are manipulators of the price of bitcoin.
member
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December 05, 2018, 05:57:43 AM
#13
In the world of bitcoin manipulation is always possible even though the platform that brought it into existence is such a decentralized platform. From the unset of bitcoin its price has be manipulated time without numbers even the one that happened last year 2017, also, the recent decline in the price of bitcoin was as a result of some big whales manipulating the market price, these whales are group of individuals that are holding a larger portion of the said bitcoin.   
hero member
Activity: 1470
Merit: 655
December 05, 2018, 05:43:32 AM
#12
it is always easier to blame manipulation for price changes that can not be explained but also it is easy to be blinded by everything else that you no longer see the manipulation in front of you.

what i am trying to say is that we should pick a middle ground. manipulation exists but it is not the controlling force in the market. for example manipulation is the reason for this drop but it can not cause more drops forever.
legendary
Activity: 3542
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December 05, 2018, 04:49:41 AM
#11
my opinion on manipulation is that it's less prevalent and more difficult to pull off than people think. the market is globally distributed, with some exchanges in shady and unregulated jurisdictions and others tightly regulated. certainly, large players may try to manipulate the market, but it's easier said than done. what often happens is a smaller whale gets eaten by a bigger whale---or he gets eaten by the market as a whole.

In the current times, perhaps it's even difficult to pull off, but always remember that even in closely and highly regulated markets, this is still occurring without anyone being prosecuted and brought to the courtroom. Knowing how scattered and large the market is now, it's hard to pull it off, but also knowing that a single sell-off, even just tens of thousands of bitcoin in the market, can flood the whole market, it's still easy to do this for those who have the $$$ and BTC.
legendary
Activity: 3024
Merit: 2148
December 05, 2018, 04:10:21 AM
#10
"Manipulation" can be such a broad term that we might be encountering it every day. For example, we have rumors from time to time, that seem to explain the price changes (remember "China bans Bitcoin" FUD?), so there's a good chance that they are the reason. But I don't believe that manipulation alone can explain the long term trends, or that manipulation is behind every rapid price change. The real reason why Bitcoin is so volatile is not manipulation, it's market is just very speculative despite being nearly 10 years old.
member
Activity: 80
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December 05, 2018, 03:45:58 AM
#9
Of course, it has already happened. Recently, the BCH fork has caused the bitcoin price to drop is the best example.
newbie
Activity: 5
Merit: 0
December 05, 2018, 03:29:24 AM
#8
yes, by manipulating public emotions, spreading FUD, rumors - any big group or consortium can manipulate the prices a little fr a while.

i believe manipulating of the public emotions is the major tool use to manipulate the price of bitcoin, because even if the giant holders of the coin makes there manipulative moves, with strong positive emotions the price could still be stable or even rise
hero member
Activity: 1652
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December 05, 2018, 03:25:32 AM
#7
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?

After seeing the current market status I guess the bull run is impossible at the moment the value clearly shows that the market needs more time for increasing the price. Btc cash manipulation disaster the market but there are chances to make BTC manipulation only if the big whales have plans, else I am sure it is impossible this year and we need to wait for few more months.
newbie
Activity: 19
Merit: 1
December 05, 2018, 03:22:26 AM
#6
I think you should more clearly describe what you're claiming. How exactly are they manipulating?

If banks can just control the price, sure they would do it. But the first question is: how? Just shorting futures isn't per-se an answer - that trade would only go in one direction, and Bitcoin is currently way way too small to actually let big hedge-fonts make meaningful trades. Additionally, someone has to pay the other side of the trade.
The next part is that they would all have to conspire together to make this work. The next part is that it would be much more profitable to manipulate the price up, if they can. And the next part is that Zerohedge is absolutely in no way any sort of reliable source.
Bitcoin does not belong to anyone, just like the Internet or the technology on which e-mail is based. Banks can not control them. Bitcoin can be used by anyone who follows the rules of this payment system. The creator of Bitcoin, which is hiding under the pseudonym Satosi Nakamoto, also does not regulate the network. Governments are wary of cryptocurrencies, as they cannot regulate the movement of capital, including abroad. The main claims to technology are that it allows paying for illegal goods, laundering money and financing terrorists.
legendary
Activity: 1372
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December 05, 2018, 03:19:39 AM
#5
true that.
in fact manipulation has been the only reason that caused the recent drop and kept the price down so far below the $10k mark but whenever manipulation at this big scale happens, the traders will be afraid of the market and price rise  can not happen for a long time which is why we have not yet seen the bull run start.
but as you have already guessed they can't keep bitcoin down for long. the market will rally against them eventually.
legendary
Activity: 1652
Merit: 1483
December 05, 2018, 03:15:10 AM
#4
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?

my opinion on manipulation is that it's less prevalent and more difficult to pull off than people think. the market is globally distributed, with some exchanges in shady and unregulated jurisdictions and others tightly regulated. certainly, large players may try to manipulate the market, but it's easier said than done. what often happens is a smaller whale gets eaten by a bigger whale---or he gets eaten by the market as a whole.

in the end, we can only speculate about the underlying causes for price movement. that includes conspiracies about price manipulation. there's no evidence, of course.
sr. member
Activity: 728
Merit: 251
December 05, 2018, 02:50:40 AM
#3
As for now, BTC still can be manipulated but only by biggest holders..
Soon, time will come that distribution will be more even and therefore this risk will be eliminated, as it will be hold by more people..
member
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December 05, 2018, 02:48:22 AM
#2
yes, by manipulating public emotions, spreading FUD, rumors - any big group or consortium can manipulate the prices a little fr a while.
newbie
Activity: 19
Merit: 1
December 05, 2018, 02:39:51 AM
#1
At small time intervals, large holders can influence prices by selling a large number of coins on exchanges or vice versa, starting to buy Bitcoin en masse. But these actions cause only temporary price fluctuations. Somehow the manipulators of the market cannot change the law of the market itself, so if you count on long-term investments, then you should not worry about it. In addition, the really large holders themselves are not profitable by the long-term weakening of the Bitcoin course.
What do you think?
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