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Topic: Can we Manipulate Bitcoin price? - page 16. (Read 73544 times)

sr. member
Activity: 336
Merit: 250
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December 04, 2017, 01:50:01 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
Well, right, if there are many bitcoins on the account, you can manipulate the market, and an ordinary user with 10 bitcoins so the price can not affect. Only if a lot of people lose bitcoin or buy then the price will change.
member
Activity: 84
Merit: 10
December 04, 2017, 01:38:12 AM
Chinese have the biggest bitcoin network, they have the top and biggest mining pool globally. Those big holders really know what to do, they can make a good amount just by pumping and dumping... always ready when to sell and to buy.
hero member
Activity: 1120
Merit: 507
November 30, 2017, 02:21:20 AM
for some major players yes, they can manipulate the trend, but most of players here are the not so rich, even we pull a huge act just to maintain our "small" earnings, it will not have much effect as the major players have, let us just pray for them to be more generous enough to co-exist with majority of small timers.
The price of bitcoin can be manipulated, though as we are all meant to believe– Bitcoin price is influenced by the rate of investment made by we the users. But I’m starting to doubt that it is not the only thing in play here, of course it is not! I believe the devs and the people in charge are the ones that makes the most decisions here. So we investors makes no big influence in this price rate.
full member
Activity: 378
Merit: 100
November 29, 2017, 06:32:06 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
If in affecting the actual bitcoin price we can do it Because more and more enthusiasts who want btc will automatically make the exchange rate is also high Meanwhile, if the interest of a small exchange rate can also decrease.
full member
Activity: 224
Merit: 121
November 29, 2017, 06:16:35 AM
We can manipulate it ,if we are holding a huge amount of investments and it also depends on the users it affects the price of bitcoin.Bitcoin is now popular and its growing worldwide ,it will manipulated by rich to increase the price of bitcoin.
hero member
Activity: 952
Merit: 500
November 29, 2017, 06:05:14 AM
There are 2 ways I think that will work if you want to manipulate the price. First is you cooperate with rich people and invest many money in bitcoin then buy many coins and then suddenly sell it. Pump and Dump. Second is let the rich people buy many coins and dump it. It happens when the price of BCH suddenly increase and then the next morning it goes back to its normal price.
Yeah, if we have the capacity to do that we can certainly do, but the reality is most of us here are not holding a big number of bitcoin
to move the price, we just have to be smart to understand the reason behind the price movement so we can also get the opportunity to be profitable.
legendary
Activity: 2576
Merit: 1043
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November 29, 2017, 05:59:21 AM
There are 2 ways I think that will work if you want to manipulate the price. First is you cooperate with rich people and invest many money in bitcoin then buy many coins and then suddenly sell it. Pump and Dump. Second is let the rich people buy many coins and dump it. It happens when the price of BCH suddenly increase and then the next morning it goes back to its normal price.
hero member
Activity: 2310
Merit: 532
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November 29, 2017, 05:10:36 AM
Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember
that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins.
Through several sources understood that bitcoin can be manipulated by users who hold a large sum of bitcoin. Looking at the current growth, I don't think it can be manipulated. Though it is speculative, large volume holders too can't make a big change to the growth.
full member
Activity: 238
Merit: 100
November 29, 2017, 04:40:16 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
We cannot adjust the price of bitcoin because we do not own so much bitcoin, enough to change the market like whales are.
legendary
Activity: 1106
Merit: 1000
November 29, 2017, 04:31:57 AM
Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember
that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins.
sr. member
Activity: 438
Merit: 250
November 29, 2017, 04:13:17 AM
Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
member
Activity: 378
Merit: 25
November 29, 2017, 03:38:24 AM
for some major players yes, they can manipulate the trend, but most of players here are the not so rich, even we pull a huge act just to maintain our "small" earnings, it will not have much effect as the major players have, let us just pray for them to be more generous enough to co-exist with majority of small timers.
full member
Activity: 224
Merit: 100
November 29, 2017, 03:25:38 AM
It really depends on how people invest on it,the higher users means the higher also on demand.Then it will result in high price of bitcoin.
full member
Activity: 434
Merit: 105
November 29, 2017, 02:23:13 AM
the demand of the people regulates the price...that's why we need to attract more people into this then the price will grow even more)


Yes, the high demand of bitcoin affects its price. The more bitcoin users, the high demand it will be. And the more people hold their coins for long and the more they keep on selling their bitcoin also affect its price. Overall, it can only affect the price but still, no one can manipulate bitcoin's price. If there's a possibility that bitcoin price can be manipulated, then it should be done years ago.
hero member
Activity: 672
Merit: 500
November 29, 2017, 01:58:47 AM
the demand of the people regulates the price...that's why we need to attract more people into this then the price will grow even more)
sr. member
Activity: 364
Merit: 267
November 27, 2017, 07:49:31 PM
I do not think we can do this manipulation.It is necessary to have a bitcoin in excess amount for this.I can believe that a group with a lot of money in hand can do it.But I can not think of any other kind of manipulation.
Peoples are the main way to manipulate bitcoin price. by using bitcoin (Selling and buying), But i think you are right about a big groups with a lot of money in hand can do it. Maybe there are a big campanys which they can control bitcoins, and i think they located in China.
I agree because the number of users tells the price of bitcoin, when there are a lot of people using bitcoin it means that the demand is high that is why the price is going up. I think it can be manipulated by that thought if there is really a large group of people planning to do the same thing at once, selling their bitcoin or buying some. The price can change but not that big.
full member
Activity: 344
Merit: 105
November 27, 2017, 07:26:23 PM
Yup. They can manipulate it but they need a big funds of an investors to do that. Is it possible because like in the market if they hide many products the price will goes high and high and if the price is high they sell their product. Thats the possiblity to force the bitcoin price to higher value. Some of other people they eant to hold bitcoin becuase bitcoin value us huge and valuable.
full member
Activity: 196
Merit: 100
November 27, 2017, 07:22:29 PM
It could be possible but remember with so many people there will be so many opinions and in the end it will break because there will be no consensus. The only person who can manipulate its prices is the one holding most of the Bitcoin. I am dead sure not a person as an individual but a company can do it if it is holding a great number of bitcoins, the different exchanges were they had a capacity to get a huge volume of bitcoin in this industry
newbie
Activity: 26
Merit: 0
November 27, 2017, 07:06:45 PM
The bitcoin price can't be manipulated, The chinese community not having an enough power to manipulate the bitcoin again. and i think the people with a lot of the bitcoin in their hand just give an impact to make the market will be panic and more newbies try to dump his coin. It will not make the bitcoin easy to get a manipulate by every parties.
Have you changed your idea during these months?  Roll Eyes
legendary
Activity: 3248
Merit: 1160
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April 29, 2017, 09:44:48 PM
I do not think we can manipulate bitcoin prices, unless a large group that moves together is likely to affect the bitcoin price, to my knowledge that determines the bitcoin price is the bitcoin user itself
That means bitcoin prices can be manipulated? Certainly with certain terms and conditions such as having a solid team, large capital, etc. They can manipulate bitcoin prices
Apparently not. They can just affect its rate hugely but they can't control it since a solid team can not manipulate a global cureency which is used by many people globally.
Your thinking is quite unconvincing to me, you must be new and have not seen how the price move back and forth, the pumping and dumping should be something that will make us think that the price can be manipulated and it has been manipulated. The word whales do exist because they are the once who can move the price.
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