Can we Manipulate Bitcoin price? - page 18.

Finestream

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Quote from: darthmaul on April 25, 2017, 11:12:13 AM

That is a good question. Is it really possible? I do not think so. It just depend on the volume that is being traded in the market. It can manipulate only if someone comes with trillion dollars and deposit in bitcoin trade and I doubt that will also effect price of bitcoin on micro level. Don't know how people are even saying Yes it can be done. Huh

It's happening mate, whales are doing it, they have a big control in the total number circulated and they can manipulate anytime, well that is just my opinion, my basis is on how the price move which we normally see it will pump and dump at a given time. Maybe as bitcoin stays longer and people are adopting with it, we can see that the power of manipulation will be weaken, we need volume to dictate the right price movement.

Sled

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Quote from: Intersan on April 25, 2017, 09:55:49 PM

Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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 can't manipulate the bitcoin prices. Every day the exchanges to bitcoin to other local currency changes. But buying and selling we can know for the right time. The lower of price of bitcoin is for buying and the higher value is for selling. With monitoring you can make sure for profit. I visit every time in forum to check the prices to know the better time to make a profit. We're lucky if we have a bitcoin if it is high. Others sell it in the wrong time to use it in emergency time.

We can manipulate the bitcoin price if we will act as a group and we will accumulate enough funds for us to do buying or selling bitcoins, because the market is still vulnerable to those kind of people that have a lot of money. The price of bitcoin is still cheap compare to the possible price in the future so it is very easy for a rich person to manipulate or dictate the price in the market.

Intersan

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Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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 can't manipulate the bitcoin prices. Every day the exchanges to bitcoin to other local currency changes. But buying and selling we can know for the right time. The lower of price of bitcoin is for buying and the higher value is for selling. With monitoring you can make sure for profit. I visit every time in forum to check the prices to know the better time to make a profit. We're lucky if we have a bitcoin if it is high. Others sell it in the wrong time to use it in emergency time.

deisik

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Quote from: maister77777 on April 25, 2017, 01:47:37 PM

I read the thread and concluded that many people believe that price can be manipulated by large whales. But I do not agree with this. Bitcoin can not be controlled by rich people. And I do not think that there is any agreement among them about this

There are quite a few ways to affect the price

And directly changing the supply and demand by injecting bitcoins or fiat into markets is what seems to be most obvious but manipulation is not just about that. If you are rich, influential and overall big fish (so to speak), you can easily affect the decisions that some government agencies may make which would affect Bitcoin as such. For example, the PBoC has been very active in respect to Bitcoin during the last few months, but we don't know who is behind their actions, who prompted them to do what they did. These people prefer to keep in shadow and avoid the publicity

maister77777

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I read the thread and concluded that many people believe that price can be manipulated by large whales. But I do not agree with this. Bitcoin can not be controlled by rich people. And I do not think that there is any agreement among them about this

darthmaul

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That is a good question. Is it really possible? I do not think so. It just depend on the volume that is being traded in the market. It can manipulate only if someone comes with trillion dollars and deposit in bitcoin trade and I doubt that will also effect price of bitcoin on micro level. Don't know how people are even saying Yes it can be done. Huh

Xenophoto

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Quote from: btc_angela on April 24, 2017, 10:27:43 AM

Quote from: grobura on April 23, 2017, 12:35:14 PM

Quote from: Botnake on April 23, 2017, 08:23:16 AM

Quote from: NEWGOODOUBLE on April 23, 2017, 06:28:51 AM

Quote from: batang_bitcoin on April 21, 2017, 07:47:59 PM

Quote from: Anjing Lu on April 21, 2017, 03:51:43 AM

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

When you have a big capital, it's pretty obvious that others have a big capital also. Your chance to manipulate the
price is when you have a big percentage of holding on the pie or the total circulation to make it simple.

I do not think that there are a lot of such holders of a large number of bitcoins. And this means that in fact, only a few people in the world can manipulate the price

You are wrong. There are a lot of bitcoin holders worth millions. But you will not see them because they are whales and working behind the bitcoin ecosystem. They are the one who manipulates the bitcoin price. Those are millionaires or billionaires that are holding bitcoin. We can only speculate who are they, but they can manipulate bitcoin price anytime they want.

There are whales that stays behind the shadows but there are also whales such as the Winklevoss twins that are like a celebrity in the bitcoin world and people root for their actions. They are whales that everyone knows about. If you haven't heard about them or even Vinny Lingham, then you probably don't read about the news. These people can spread FUD and people will be affected especially the newbies. And their actions about their investments, they always make it public. Of course ultimately they do that to earn more bitcoins.

Nevis

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Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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

Yeah ofcourse,if we will get all funds and all members participate into it we can keep bitcoins price up stable and rising.But if youre planning for it you will be needing serious amount of money for it.

Pierre 2

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Yes bitcoin price is still manipulative, prolly there isnt single market which isnt manipulative anyways.
Cause humans are not very rational.

Fatanut

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Quote from: panganib999 on April 24, 2017, 12:01:45 PM

Quote from: 1Referee on April 24, 2016, 06:03:25 PM

It's possible if we as community team up and form a massive amount of buy support, but the fact is that the majority of the people here are small holders and have barely a reasonable amount of money to have an impact on the price, even not with plenty of these people.

I can remember that it happened with certain altcoins back in 2014 where the whole community of that altcoin used to give a certain coin a massive pump. I think a good example of that is BlackCoin. It got pumped like there is no tomorrow, and it fell down again like there is no tomorrow at some point.

As we uses bitcoin for our daily basis needs. We can help the developers of bitcoin to strengthen and to develops it transaction and security. If this will happened more businesses are going to be open on accepting bitcoin for their transaction instead of the usual papermoney or fiat. Because we all know that there is more investment on bitcoin compare to money because its price is always dependent on the law of stock and demand where if more people uses bitcoin that is the time bitcoin price changes or pump. And for me it is very attractive to people nowadays because we are using technology always on our life so it will not be so hard for us to accept and change our way on transaction.

Actually, literally all fiat money is invested on fiat money. And, what is that reasoning? Tons of things are depending on the law of supply and demand but it's obvious that all of them have less investors than the fiat currency. It's totally possible that we will come to the point where the majority of fiat money is invested in bitcoin but it is not the case today and even in the foreseeable future. Bitcoin has about 21 billion dollar market cap, and that's like nothing in a global scale.

panganib999

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Quote from: 1Referee on April 24, 2016, 06:03:25 PM

It's possible if we as community team up and form a massive amount of buy support, but the fact is that the majority of the people here are small holders and have barely a reasonable amount of money to have an impact on the price, even not with plenty of these people.

I can remember that it happened with certain altcoins back in 2014 where the whole community of that altcoin used to give a certain coin a massive pump. I think a good example of that is BlackCoin. It got pumped like there is no tomorrow, and it fell down again like there is no tomorrow at some point.

As we uses bitcoin for our daily basis needs. We can help the developers of bitcoin to strengthen and to develops it transaction and security. If this will happened more businesses are going to be open on accepting bitcoin for their transaction instead of the usual papermoney or fiat. Because we all know that there is more investment on bitcoin compare to money because its price is always dependent on the law of stock and demand where if more people uses bitcoin that is the time bitcoin price changes or pump. And for me it is very attractive to people nowadays because we are using technology always on our life so it will not be so hard for us to accept and change our way on transaction.

whizter

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Quote from: NEWGOODOUBLE on April 23, 2017, 06:28:51 AM

Quote from: batang_bitcoin on April 21, 2017, 07:47:59 PM

Quote from: Anjing Lu on April 21, 2017, 03:51:43 AM

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

to me i think it has now become difficult to manipulate the pricoe of bitcoin, lbecause we can see that the users of bitcoin are now increasing from time to time. so it is now becoming difficult for those people who are were manipulating the price of bitcoin in past, but now i think it is becoming difficult to manipulate the price of bitcoin so easily.

MWesterweele

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Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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 have my friends doing in altcoin if the Bid orders at low they will sell some altcoin so that many newbies will.panic. and sell their altcoin at low price. And thats the best time to buy. But it is risky because there is a time that if he sell some altcoin suddenly dum withput notice.

Teraboy

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Quote from: phr0stbyt3 on April 23, 2017, 01:43:26 AM

Quote from: pinkpanther03 on April 22, 2017, 01:19:48 PM

Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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 oo impossible bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

it's too impossible for the individuals users of bitcoin to manipulate the value price of BTC. Only the big whale investors or big companies had a capacity to manipulate the price of bitcoin.

Not only individuals but it is now even hard for big whales and companies in alone to manipulate the price. The market cap is in billion dollars so all the big whale have to come together in order to manipulate the price.

I think so, but it's possible for the chinese exchange site to manipulate the price of bitcoin. In this time it gets prohibited by PBOC. there will be more manipulation on bitcoin price.

btc_angela

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Quote from: grobura on April 23, 2017, 12:35:14 PM

Quote from: Botnake on April 23, 2017, 08:23:16 AM

Quote from: NEWGOODOUBLE on April 23, 2017, 06:28:51 AM

Quote from: batang_bitcoin on April 21, 2017, 07:47:59 PM

Quote from: Anjing Lu on April 21, 2017, 03:51:43 AM

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

When you have a big capital, it's pretty obvious that others have a big capital also. Your chance to manipulate the
price is when you have a big percentage of holding on the pie or the total circulation to make it simple.

I do not think that there are a lot of such holders of a large number of bitcoins. And this means that in fact, only a few people in the world can manipulate the price

You are wrong. There are a lot of bitcoin holders worth millions. But you will not see them because they are whales and working behind the bitcoin ecosystem. They are the one who manipulates the bitcoin price. Those are millionaires or billionaires that are holding bitcoin. We can only speculate who are they, but they can manipulate bitcoin price anytime they want.

Fatanut

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Quote from: bohr on April 24, 2017, 12:00:00 AM

Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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

Every time you buy and sell you are manipulating the market but since you don’t have a lot of bitcoin your influence over the price is very small but there are other ways to manipulate the price like those that use FUD do but you could also manipulate the price by spreading good news.

The movement will be so little that if you would wish to buy again with the new price, you'll lose some money. Remember that the buy order and the sell order have a difference. I wouldn't call it manipulation at all since you can't make it move that much. You simply affected the price of bitcoin but you're not manipulating it. Thinking that you've manipulated the market just because you caused the price to decrease by 1$ is totally absurd IMO.

FUD wouldn't do that much if you're just an average turd. People will think that you're just a troll especially if it's obvious and when you have a low standing in the bitcoin community. You need to have connections and be kind-of popular first before your FUD starts having an actual effect. Posting FUDs here and then would only victimized mindless newbies who don't even have a dollar worth of bitcoins.

loading...

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Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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

Certainly not since the only person/people who can access it is/are its developer which he/they wouldn't not let it down or manipulate it. It can be affected by huge groups by dumping/pumping it yet they can't manipulate it.

bohr

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Quote from: Wapinter on April 24, 2016, 05:40:31 PM

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

Every time you buy and sell you are manipulating the market but since you don’t have a lot of bitcoin your influence over the price is very small but there are other ways to manipulate the price like those that use FUD do but you could also manipulate the price by spreading good news.

grobura

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Quote from: Botnake on April 23, 2017, 08:23:16 AM

Quote from: NEWGOODOUBLE on April 23, 2017, 06:28:51 AM

Quote from: batang_bitcoin on April 21, 2017, 07:47:59 PM

Quote from: Anjing Lu on April 21, 2017, 03:51:43 AM

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

When you have a big capital, it's pretty obvious that others have a big capital also. Your chance to manipulate the
price is when you have a big percentage of holding on the pie or the total circulation to make it simple.

I do not think that there are a lot of such holders of a large number of bitcoins. And this means that in fact, only a few people in the world can manipulate the price

deisik

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Quote from: xypos on April 23, 2017, 08:32:54 AM

Quote from: Botnake on April 23, 2017, 08:23:16 AM

Quote from: NEWGOODOUBLE on April 23, 2017, 06:28:51 AM

Quote from: batang_bitcoin on April 21, 2017, 07:47:59 PM

Quote from: Anjing Lu on April 21, 2017, 03:51:43 AM

I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.

I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

When you have a big capital, it's pretty obvious that others have a big capital also. Your chance to manipulate the
price is when you have a big percentage of holding on the pie or the total circulation to make it simple.

Yes, but it is not that easy with manipulating bitcoin.
The market capitalization of it is insanely huge right now, which makes any manipulating very hard, even for the big fishes at the markets.
Currently, its $19,907,616,193 so how do you manipulate a market like that? Only during special incidents, that is possible to launch a big burst of specific positions to achieve your goal

What makes you think that all this amount gets traded?

If someone sold 1 satoshi just for 1 dollar would can we actually claim that the Bitcoin price has reached 1M dollars per coin and thus total market cap would be equal 17M x 1M = 17T dollars (i.e. more than 2 times greater than the total market of gold)? Market cap is a meaningless number without knowing how many coins get traded. If only a few bitcoins are traded at current prices (which is how market cap is calculated, just in case) that basically means anyone who has that many coins can easily move the price in any direction

Topic: Can we Manipulate Bitcoin price? - page 18. (Read 73493 times)