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Topic: Can we Manipulate Bitcoin price? (Read 73544 times)

sr. member
Activity: 406
Merit: 250
April 07, 2018, 02:30:58 PM
I think that big group of people can try to do something but the result would be sad. We can change something on 2-3$ and it wouldn't be good honestly.
hero member
Activity: 728
Merit: 502
April 07, 2018, 01:28:51 PM
Only big players can manipulate and play with the price action of bitcoin. Small players or participants can only wish they could. I don't know how much you must have to be able to influence price movement. For a small owners like me, I'll just let the price take its course and do necessary actions whenever the price is good enough for buying or selling.

yes, you're right mate, Only big players can manipulate and play with the price action of bitcoin. the negative news is one of manipulations way. it effected demand of bitcoin mate.
Monopoly of any firm in the market decides the prices and quantity of their output. This is because they hold a huge share of the market and are actually he market price makers. Same is the case of the prices of Bitcoin which can be and are manipulated by those sharks in the ocean of the cryptocurrency.
member
Activity: 203
Merit: 10
April 06, 2018, 07:52:24 AM
We don't have the capability to manipulate the bitcoin price. The price depends on the the market cap and the people investing in it. The authority to manipulate bitcoin price lies in hands of the big investors or token holderss and the team of the bitcoin. The price of the bitocoin depends on how many peolpe are holding and investing imn it. The more investors the more the price of the bitcoin increases.
jr. member
Activity: 184
Merit: 1
April 06, 2018, 07:45:08 AM
As the big investors are doing it in stock exchange but still i am hopeful that it may not be possible in bitcoin forum. because the price of bitcoin is so reasonable that they even cannot think how to lower the price of bitcoin, the second thing is bitcoin is a universal currency and people from all over the world are studying bitcoin regularly so they are not letting bitcoin fell down to such a low price.
newbie
Activity: 91
Merit: 0
April 06, 2018, 07:28:06 AM
Only big players can manipulate and play with the price action of bitcoin. Small players or participants can only wish they could. I don't know how much you must have to be able to influence price movement. For a small owners like me, I'll just let the price take its course and do necessary actions whenever the price is good enough for buying or selling.

yes, you're right mate, Only big players can manipulate and play with the price action of bitcoin. the negative news is one of manipulations way. it effected demand of bitcoin mate.
member
Activity: 168
Merit: 12
April 06, 2018, 07:04:32 AM
I think it's not possible to have a group in here that will manipulate the bitcoin price. It takes a higher trust level that those people will follow what the decision of the group. Although I partly agree that those big whales can do that manipulation as they have all the resources to that.
newbie
Activity: 26
Merit: 0
April 06, 2018, 04:57:35 AM
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of the bitcoin users visit this forum
If you plan on forming a cartel to keep the bitcoin price from falling, it seems difficult.
This is because the market will be more decisive.
Let alone the regulating market, our task of managing bitcoin well.
member
Activity: 294
Merit: 10
Freedom
April 06, 2018, 04:46:18 AM
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum



I think it could be like that, this drop is very drastic and this is not fair, in this time bracket is very stolen, if indeed there is a mocking he must be very influential and I am sure this is not only from individuals alone but this is ulah a group who are looking for profit at a time like this, and we are currently victims of the games they make, and hopefully this does not last long because many parties will be harmed
full member
Activity: 201
Merit: 100
April 06, 2018, 04:16:03 AM
Nope. There's always someone with more money and more greed out there waiting to play you. And let's not get started on some of the exchanges themshelves.

I agree with that, that its too impossible for us to manipulate the price of the Bitcoin, it just that we hold and sell which makes Bitcoin pum and dump, on the other hand, they say the demand makes it more expensive probably in this way you can manipulate the price but not definitely using your own hands.
full member
Activity: 476
Merit: 100
www.daxico.com
April 06, 2018, 04:00:15 AM
Nope you can't. Bitcoins price is very volatile and unpredictable, it is too difficult to manipulate unless the higher ups would do so.

Bitcoin's market price is determined on the supply and demand concept. So if people's demand will get high, expect bitcoin's market price to rise and goes down if people's demand goes down too.
newbie
Activity: 196
Merit: 0
April 06, 2018, 02:59:47 AM
If you have enough coins and enough money then you can manipulate the price of anything you want and wish to, which is why there have to be regulations in place and this is known as insider trading I believe.
newbie
Activity: 18
Merit: 0
April 05, 2018, 03:37:47 PM
I think exchanges have the power to do that simply by using a few trading bots.
newbie
Activity: 294
Merit: 0
April 05, 2018, 03:32:21 PM
there are persons that we can actually call " the whales" they are the people with a very huge amount of money that they can invest in bitcoin . if there are too many whales they can actually manipulate the price of bitcoin. we the small investors can help to manipulate it.
Affect the rate of bitcoin can be a group of companies that together have a large percentage of bitcoin holders. And if, they specifically agree to play for a decrease or a course, they can regulate it.
sr. member
Activity: 616
Merit: 250
April 02, 2018, 05:01:18 AM
there are persons that we can actually call " the whales" they are the people with a very huge amount of money that they can invest in bitcoin . if there are too many whales they can actually manipulate the price of bitcoin. we the small investors can help to manipulate it.
hero member
Activity: 1134
Merit: 500
April 02, 2018, 04:58:03 AM
Everything can be accomplished as long as there is available a strong team with similar intrests. If we decide to take certain measures that things can be seened in the market.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
April 02, 2018, 04:40:58 AM
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
It is true that there are people who can manipulate the bitcoin price! There are powerful person who can change the price of the bitcoin. The movement of the bitcoin is cause by the powerful person in the cryptocurrency world so I can say that people can manipulate the price of the bitcoin.
That's normal here, that is why the price is so volatile.
Whales will do everything to benefit on their power, they cause pump and dump but they made sure they'll be profitable at the end of the day.
So, we have to believe that what we are seeing now is just a pure manipulation, patience will work in this situation.
sr. member
Activity: 924
Merit: 275
April 02, 2018, 02:03:20 AM
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
It is true that there are people who can manipulate the bitcoin price! There are powerful person who can change the price of the bitcoin. The movement of the bitcoin is cause by the powerful person in the cryptocurrency world so I can say that people can manipulate the price of the bitcoin.
member
Activity: 238
Merit: 11
April 02, 2018, 01:38:48 AM
The value of bitcoin is highly volatile thus it is definitely hard to predict.
Though there are some people that convince others that "bitcoin is dead", making them sell at a lower price value of bitcoin. Also with the investing mechanisms of people that use it.
member
Activity: 266
Merit: 10
April 01, 2018, 01:25:11 PM
I also thought it's impossible, until I heard about that atrocious scam website CoinMarketCap provided customers with irrelevant information about crypto simply not updating traffic volumes and putting a question to a crypto. After that people just stopped buying some currencies. So, a lot of things can be manipulated
hero member
Activity: 1218
Merit: 557
April 01, 2018, 12:27:56 PM
Nope you can't. Bitcoins price is very volatile and unpredictable, it is too difficult to manipulate unless the higher ups would do so.

Quite impossible for anyone to manipulate the price because it is spread evenly among individuals. Yes if a country decides to take some action or sell together than only something might be possible else people only sell during panic mode.
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