Topic: Can we Manipulate Bitcoin price? - page 13. (Read 73493 times)
News greatly affects the price of Bitcoin. Big players understand this and can manipulate this in their own interests
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
We are all aware that bitcoin's value is volatile and is changing over time. It is considered to be a good thing for the investors because there will always be a chance that their profit will keep on rising. Manipulating bitcoin's value is only possible if we will keep on demanding bitcoin and supporting it no matter what. It is quite unassured yet but it is still possible. 
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 don't think it is possible to manipulate the price of bitcoin completely since it is considered as a decentralized currency. No one is controlling it but the demand of the people is the reason why it keeps on growing. We can help on making sure that bitcoin's value will not fall by supporting it still and keep on demanding and investing on it and it will surely keep on rising. 
We can manipulate Bitcoin's price by following the Law of Supply and Demand. Just like what the whales are doing to manipulate a certain coins that will looks like many buyers are buying. Manipulators simply buy a large amount and sell.
For me its certainly no, bitcoin price cannot be manipulated since it is a kind of virtual currency then it all depends on how people use it like they buy or sell it more. So the law of supply and demand really affects the behaviour of bitcoin. 
Many claim that Bitcoin price is and can be manipulated. This somehow makes sense if you think on fact that rather small number of people is holding the majority of Bitcoins and that gives them a space for manipulation.
Still I don't think it's so easy to manipulate the price and that individuals can't influence it without leaving a trace that would be very obvious. That leaves us a question whether Bitcoin is truly independent.
Still I don't think it's so easy to manipulate the price and that individuals can't influence it without leaving a trace that would be very obvious. That leaves us a question whether Bitcoin is truly independent.
We can manipulate Bitcoin's price by following the Law of Supply and Demand. Just like what the whales are doing to manipulate a certain coins that will looks like many buyers are buying. Manipulators simply buy a large amount and sell.
The only people who can really manipulate Bitcoin's price would be powerful people in the media. For example, Trump could say something about Bitcoin, shoot the price up, or say something to shoot it down.
I think we cannot manipulate the price of bitcoin because their are site or manager that can manage the price or value of bitcoin. But we can own bitcoin. 
The only people who can really manipulate Bitcoin's price would be powerful people in the media. For example, Trump could say something about Bitcoin, shoot the price up, or say something to shoot it down.
I think we cannot manipulate the price of bitcoin because their are site or manager that can manage the price or value of bitcoin. But we can own bitcoin. 
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
We cannot. Although whales in the market highly affect its market value but still, majority is bigger. Bitcoin is naturally volatile so we can't control its market value. So we can't basically do nothing about it. The best thing is to take advantage of the backdrops in able to earn huge profit despite of the negativities with its market value specifically, investing during downfalls. Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
It's not by number of users or holders actually but it's about the number of your holdings to the total supply of bitcoin. If you hold a big number of bitcoins like 20% of the total supply you already have the power to move the market, and that means you an manipulate
the price as well, lucky are those who are in that position now.
But lets say I had 20% of all Bitcoins (I wish). Wouldn't I also have to have control dozens and dozens of exchanges to manipulate the price. That seems tricky.
The only people who can really manipulate Bitcoin's price would be powerful people in the media. For example, Trump could say something about Bitcoin, shoot the price up, or say something to shoot it down.
Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
It's not by number of users or holders actually but it's about the number of your holdings to the total supply of bitcoin. If you hold a big number of bitcoins like 20% of the total supply you already have the power to move the market, and that means you an manipulate
the price as well, lucky are those who are in that position now.
Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
It's not by number of users or holders actually but it's about the number of your holdings to the total supply of bitcoin. If you hold a big number of bitcoins like 20% of the total supply you already have the power to move the market, and that means you an manipulate
the price as well, lucky are those who are in that position now.
I definitely agree on this because after all, the trade of bitcoin will only be within two persons, one who holds and sells the bitcoin and the one who buys. The opportunity given to those who own atleast 20%, for instance, of bitcoin is very rare and one of it is to control the price but it is limited. Price controlling of an individual isn’t applicable for everyone. It can only be done per transaction but the value is not changeable. Analogy on this is what the money changers do. For every currency, there is a specified value but they can control it.
Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
It's not by number of users or holders actually but it's about the number of your holdings to the total supply of bitcoin. If you hold a big number of bitcoins like 20% of the total supply you already have the power to move the market, and that means you an manipulate
the price as well, lucky are those who are in that position now.
Maybe a big group like 10-20 person that have many bitcoins can control or at least make a movement at the price of bitcoin, usually people called this person is "whale". Imagine if so many bitcoins suddenly sold or bought, it will make a change on bitcoin price for sure,
That depends. You can only manipulate the price of bitcoin if you are a whale. Otherwise, it is going to be very, very hard to make a major impact on the price of bitcoin.
Me, I am far from becoming a whale because I am still a beginner in terms of the amount risk in trading.But I can actually benefit by the actions of the whales because they usually make the price pump and dump so I need to monitor the price
and investigate on knowing the reason behind so I can make the right action.
That depends. You can only manipulate the price of bitcoin if you are a whale. Otherwise, it is going to be very, very hard to make a major impact on the price of bitcoin.
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
No we cannot manipulate bitcoin price. We, the users or traders are the reason why bitcoin price is changing. If they a lot of people are selling their bitcoins the price of bitcoin is decreasing and when a lot of people are buying a bitcoin that's the time the price is increasing because bitcoin needs to balance the supply and demand.
It's hard to manipulate it with a few amount of btc.
There is a smal possibility that you can manipulate the price of bitcoin. That is if you have the large amount of bitcoin in your hand that you wanted to use that on your own benefit.
Only whales can manipulate the price of bitcoin but as holders are increasing they also slowly loses their power and in the end it's just a battle of whales with the same intention but different strategy so one may lose and one may win but for use to ensure profit, we should know how to hold longer as that only our only chance to benefit on the success of bitcoin.
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