Topic: Can we Manipulate Bitcoin price? - page 20. (Read 73544 times)
Depends if you are holding tons of bitcoin you can manipulate the price of bitcoin and i think there one country who are lots of users of bitcoin currency china and us if theres dumping happen they following the flow of each other because they don't want to lose any profit .
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 knew it now just now that we can't manipulate the price of bitcoin. bitcoin price changes because of our economy or those traders in the market they're the one reason why bitcoin price is changing it depends on the market when the price of bitcoin will dump or pump. and one more thing in bitcoin price changing there's always a richs people where when they pull out their money the price of bitcoin will definitely dump.
In my own opinion about bitcoin price, I will gladly say that we as a regular user of digital currency we cannot manipulate its price. The fluctuations of price particularly its changes was due to variations of demand and supply which buying, selling and other services was concerned. So it's not right to say that we as users can manipulate every changes of the price, because we were just customers of digital currency system that's been also affected with any changes happening.
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.
The government will never gain power over bitcoin. This is a system that can not be controlled by any side. Bitcoin is free and decentralized. Nobody can manipulate the price
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 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
Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
lol at the people thinking they can manipulate bitcoin prices by pooling your funds. Even if you have 10,000 BTC you're not gonna move the market.
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.
The government will never gain power over bitcoin. This is a system that can not be controlled by any side. Bitcoin is free and decentralized. Nobody can manipulate the price
and bitcoin is decentralized, government can't control it moreover manipulation price
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
Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
It should not have a huge amount of bitcoin till thousands bitcoins per people to be able for manipulate bitcoin prices.
I think that a lot number of bitcoin users is also very influential. When most of bitcoin's users merge into a community and have a purpose to manipulate bitcoin prices it will possible to manipulate prices.
manipulate bitcoin prices is not easy and many people said that it's impossible.
Definitly it is a yes .If we think even a small amounts of us when it is being joined together it is a big amount and to know that how many bitcointalk users ,managers of any site and investors are here .Well the problem is how can we make it . A big one people who has a large amount of bitcoins can actually shake the market and manipulate it .
If governments want to manipulate the bitcoin’s price they can and without spending any penny, all they have to do really is make laws to make using bitcoin illegal and then the prices will go down dramatically, or the other way around if they want it to go up, but other than that the only people who can manipulate it is the big whales which are the people who have a large amount of coins just laying around.
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.
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
Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
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
Ya sure, we call pool all our 0.001BTC and move the Bitcoin market. No problemo.
I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.
True, I find it amusing how great the imagination of people here in Bitcointalk. Anyway, it is not logical to a government to spend a huge amount of money to buy Bitcoin and then destroy its market by dumping this bought Bitcoin. That is just a waste of resources.
I agree with you. The government can not just spend budget money for fun. Therefore, I am sure that the government will not manipulate the price, but large holders of bitcoins
I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.
True, I find it amusing how great the imagination of people here in Bitcointalk. Anyway, it is not logical to a government to spend a huge amount of money to buy Bitcoin and then destroy its market by dumping this bought Bitcoin. That is just a waste of resources.
the price manipulation is hardly the biggest issue with bitcoin. manipulation will not stop regardless of mass adoption (in fact, it may increase as users increase).the biggest issue with it is real use cases that benefit the average consumer, of which there are none.
a lot of commodities are 'manipulated'. there are always big players who understand the market well, and you can bet your ass they'll use their strength to their advantage. don't fall into the overly conspiracist camp and just take in the world as it is. manipulation is just part of the market.
a lot of commodities are 'manipulated'. there are always big players who understand the market well, and you can bet your ass they'll use their strength to their advantage. don't fall into the overly conspiracist camp and just take in the world as it is. manipulation is just part of the market.
I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.
Huh! $20B marketcap of bitcoin is like a normal weekly deals of some governments, right now they can put $5B and buy up to 3M bitcoins but as long as kinds of Wu/ Ver exist they don't need to lift a finger.
On the other hand when you think about it you'll see that the whole world's markets are being manipulated every day only as the amounts involved getting larger and larger the stakes will grow higher to succeed changing the odds in your favor.
On the other hand when you think about it you'll see that the whole world's markets are being manipulated every day only as the amounts involved getting larger and larger the stakes will grow higher to succeed changing the odds in your favor.
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.
If the government comes in to the situation, the price of bitcoin will even increase. The more coins that they buy, the more the price will increase. It becomes harder and harder for them to buy more bitcoins. That's the only way for the government to manipulate the bitcoin price other than spreading FUD about bitcoins. They have to accumulate bitcoins first before they can manipulate the price
I don't think this is the only way
In fact, there are quite a few ways in which a government could affect Bitcoin prices (provided they ever wanted that in the first place). I don't think that the PBoC ordering Chinese exchanges to disable both Bitcoin withdrawals and deposits can be (mis)interpreted as FUD. It is a direct intervention using administrative leverage, any way you look at it. As an extreme measure, they could just outright ban Bitcoin or confiscate coins pretty much in the same way they did with Silk Road. And that will crash prices provided this government is influential enough (like that of the US or China)
But who knows? Maybe the government has a huge part in the bitcoins of circulation. Maybe they bought the majority of bitcoins right from the start when it's still cheap so they can take down bitcoins at the right time.
You could just as well claim that Satoshi himself is actually a government agency
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.
If the government comes in to the situation, the price of bitcoin will even increase. The more coins that they buy, the more the price will increase. It becomes harder and harder for them to buy more bitcoins. That's the only way for the government to manipulate the bitcoin price other than spreading FUD about bitcoins. They have to accumulate bitcoins first before they can manipulate the price.
But who knows? Maybe the government has a huge part in the bitcoins of circulation. Maybe they bought the majority of bitcoins right from the start when it's still cheap so they can take down bitcoins at the right time.
Its not impossible for them to buy thousands of bitcoin using the money of the people but I don't think the government will try to get involve unless they can collect taxes to exchanges and bitcoin businesses in the country. Japan I think had made it possible. Tracking users who don't want to be tracked is a big problem.
I agree with you. Perhaps some government officials have long bought thousands of bitcoins. They can affect the price of bitcoin. Simple people who have several coins do not have this opportunity
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