Can we Manipulate Bitcoin price? - page 21.

enhu

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Quote from: choppork on April 19, 2017, 10:06:44 AM

Quote from: mharz on April 18, 2017, 04:34:48 AM

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.

choppork

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Quote from: mharz on April 18, 2017, 04:34:48 AM

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.

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Quote from: Saichoukyushin on April 18, 2017, 09:54:50 AM

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 .

That's the problem. In this forum, people barely agree with each other. When the majority of the users here have the plan to manipulate the price, someone will probably ditch the idea and take advantage of the plan. If we are planning to dump the market, he's going to sell before we dump it so he can re-buy for a much lower price when the dump has been executed. The same thing when we're thinking about pumping the market.

I wouldn't participate in such activity for this very reason. Anyway, the power of us all combined together is just equals to one whale unless, of course, if there are big whales that's going to participate with us. Maybe we can be a whale in an altcoin market but I doubt it when it comes to the bitcoin market since the market cap is around 21 billion USD.

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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 .

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Quote from: mharz on April 18, 2017, 04:34:48 AM

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

mharz

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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.

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Many algorithms and automatic programs strive to make money on the stock exchanges of the bitcoin because there is no financial analyst or gurus on this ,we have to admit, a very unusual currency. This activity takes place within a framework of unregulated, that can generate volatility, confusions and manipulations. This quantitative activity generates a lot of small transactions, robots trying to enjoy small differences of course.

StarCitizen999

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It seems to me that now no one can manipulate the price of bitcoin. He became very popular. So even whales can not significantly affect the price of this cryptocurrency.

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Quote from: lordquanta on April 04, 2017, 03:40:38 AM

Given the history and situation, any reason/news about bitcoin acceptance is causing hike in bitcoin price whether it is going to happen or not. Recently the hype built around ETF is good example. Right now prices are rising could be because of Japan is ready to recognize bitcoin and about to regulate the exchanges.
Big whales could be the one of reasons.

Or all could be just someone getting his stash filled up. There was no hype when ETF was around. I didn't see any "I'm buying bitcoins because ETF will get accepted." type of threads. If there was a hype built on that, the price should've decrease dramatically when the ETF disapproval was announced. But the price was just there, the same as before the announcement was made.

The hard fork drama made the price of bitcoin go down. I think it is not the drama alone that caused movement to the bitcoin price. But the dump itself. People always panic sell and panic buy. When the price is starting to go down, people are selling their coins even though they didn't plan to do so until they so the market movement. Same when the price is increasing.

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Quote from: Barrymore on April 03, 2017, 07:34:12 AM

We will never be able to compete with the big whales. In such operations, they invest millions of dollars. If you want to earn on the price of bitcoin then follow their actions and repeat. Then you will earn on their money.

but we will not know who it was big whales and what they will do, is it the price will rise or fall. if we could follow them course we will always be profit rirght?

DoublerHunter

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Quote from: lordquanta on April 04, 2017, 03:40:38 AM

Given the history and situation, any reason/news about bitcoin acceptance is causing hike in bitcoin price whether it is going to happen or not. Recently the hype built around ETF is good example. Right now prices are rising could be because of Japan is ready to recognize bitcoin and about to regulate the exchanges.
Big whales could be the one of reasons.

Yes hypes can be consider as a manipulation fuel for other people because if they spread hype they can easily attracts investors that can pump the price and the whales will join the pumping party until it becomes a manipulation and the victims here are the innocent investors who believed to this kind of pump as a legit one.

Restmand

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Price manipulation is can be done but same as impossible and possible if chain reaction happens so here, Bitcoin is depend in the supply and demand just like every currency so you can manipulate it when the large part of the total supply is in your hands and if you sell it the price of bitcoin will be dump and if you buy it again the price of the bitcoin will pump. And in chain reaction it's just like what happen in panic selling the bitcoin price will be dump because of that.

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Given the history and situation, any reason/news about bitcoin acceptance is causing hike in bitcoin price whether it is going to happen or not. Recently the hype built around ETF is good example. Right now prices are rising could be because of Japan is ready to recognize bitcoin and about to regulate the exchanges.
Big whales could be the one of reasons.

K128kevin2

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Quote from: freedomgo on April 04, 2017, 12:23:13 AM

Doesn't matter if it's manipulated

It does. If people find out, they will lose confidence in Bitcoin. Even if people don't find out, a pump can't last forever, it will crash eventually.

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Quote from: ipungadhi on April 04, 2017, 12:48:03 AM

Quote from: andrew24p on April 03, 2017, 11:34:55 PM

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.

the price will be more difficult to manipulate when bitcoin scattered in many countries to all corners of the world. so it will be increasingly difficult manipulator to manipulate demand and supply ?

That's why we should focus more on the increase of adoption or volume than the increase of value, with huge volume of holders it will lessen the power of the whales to manipulate the price. I believe the longer bitcoin exist, it will continue to increase its popularity as it is the foundation of the whole crypto currencies, and as a foundation it should be the most dominant and the strongest among others.

fathur.aza

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High prices make it very easy for want of price manipulation and should not be allowed to turn sold bternyata fear not comparable with the price of his lot expected bitcoin sellers.

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Quote from: andrew24p on April 03, 2017, 11:34:55 PM

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.

the price will be more difficult to manipulate when bitcoin scattered in many countries to all corners of the world. so it will be increasingly difficult manipulator to manipulate demand and supply ?

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Quote from: andrew24p on April 03, 2017, 11:34:55 PM

It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.

Doesn't matter if it's manipulated as long as we see a good price, as time will pass and more circulation will happen we will see the price will be a bit stable. I'm very positive that this price hike will continue until we reach the all time high again, doubts are cleared now for people who does not believe that bitcoin can make it push again, and I hope they do not sell when there was a price dip.

andrew24p

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It gets harder and harder as the market cap raises, but we are still at a point where bitcoin is small enough to be heavily manipulated.

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Quote from: Rinder on April 03, 2017, 08:21:25 AM

Since December 2016 bitcoin is being manipulated by someone, or a whales group, soo the question is when the manipulation will be forced or happening, because its pretty clear its possible to affect bitcoin with some milion inside or out the coin.
And this is good since it allows all to make extra money following the dumps and waiting for the pumps, thats why bitcoin is the king of crypto currencies

That seems to be heavily bordering on a conspiracy theory

There have been too many diverse events that could be plausibly explained by deliberate market manipulation. There were (are) certainly some price manipulations going on now and then (whenever an opportunity arises for big fish), but apart from that (or behind that), there are fundamental factors that move the price. Two of them look to be prevailing over others. First, we see long-term effects of reward halving, which feels like to be a primary driver for the price growth we had seen in November-December 2016, and, second, it is expanding Bitcoin awareness and adoption across countries which is also facilitating the price growth. In short, no one can manipulate all the markets all the time

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