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Topic: Can we Manipulate Bitcoin price? - page 22. (Read 73544 times)

hero member
Activity: 868
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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.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
April 03, 2017, 08:17:50 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.

that is for sure because we only have limited budget and if we compare with the big whales, we are nothing and we only can follow their price and hope that we can make profit too. we can do this as much as we want as long as we can do it in the right time especially if we know what they want with the price.
member
Activity: 84
Merit: 10
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.
hero member
Activity: 2590
Merit: 644
April 03, 2017, 07:28:29 AM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.

Can the price of bitcoin be so high due to large whales? We can not know this. Maybe we should thank the holders for saving bitcoin from sharp jumps down
To answer your question, Yes the price can be so high because of the big whales. Big whales means very rich people who are in the market and they more often planning to play the market and most of the times they are the winners because they have got the power which is we all known as money. If big whales will continue to do panic buying and then the price of bitcoin will goes very high.
full member
Activity: 210
Merit: 100
April 03, 2017, 06:14:19 AM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.

Can the price of bitcoin be so high due to large whales? We can not know this. Maybe we should thank the holders for saving bitcoin from sharp jumps down
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 03, 2017, 04:43:09 AM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them

More whales doesn't in general mean that price can be more easily manipulated

The basic premise behind this claim is that whales are independent of each other and thus they can't collude to move the price in just one direction. What it boils down to is that when there are many whales there is in fact less possibility for manipulation when there are less whales or the wealth distribution between them is less even. In other words, equal sized whales will be offsetting the influence of each other that they could potentially exert on the market by massive buys or sells
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
April 02, 2017, 08:29:51 PM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins.
It would be good if the rich couldn't manipulate the price but that just the way it is with a free market.
hero member
Activity: 1008
Merit: 501
April 02, 2017, 07:53:25 PM
Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.
I think for now it seems bitcoin can still be manipulated. may be a bit difficult for them but it can be done because the user is not too large. you can see easily many users panic

sr. member
Activity: 282
Merit: 250
April 02, 2017, 04:12:15 PM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.

Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
April 02, 2017, 07:29:02 AM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price.

There are still plenty of whales out there that can manipulate the price in the way that suits them.
hero member
Activity: 840
Merit: 500
April 01, 2017, 03:52:03 PM
I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming  more famous and more and more people are accepting bitcoin as currency.
legendary
Activity: 1512
Merit: 1041
April 01, 2017, 09:06:55 AM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
True, us the normal people who use bitcoin for daily things like for a small thing we can’t actually affect the price a lot, but the people who own a large amount of bitcoin are the ones who actually control it, if they think it is time to sell than they do and the price goes down and if they decide they want to save than they do and the price will go up.
hero member
Activity: 2590
Merit: 644
April 01, 2017, 06:55:55 AM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
not as easy as they manipulate the price of bitcoin. especially when it is more and more coming bitcoin users would be more difficult to regulate supply and demand. for manipulating not only about large money
Manipulating bitcoin can be manipulated by those rich people but for me it is a bad idea to play with bitcoin as the volume of users are continue rising up and it will be harder for them to control or manipulate the bitcoin price but the question is why they are doing it? I know that they are doing that for profit but why they just do it on altcoin and not on bitcoin Huh
legendary
Activity: 1372
Merit: 1008
March 31, 2017, 06:42:08 PM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
not as easy as they manipulate the price of bitcoin. especially when it is more and more coming bitcoin users would be more difficult to regulate supply and demand. for manipulating not only about large money
hero member
Activity: 672
Merit: 500
March 31, 2017, 05:48:56 PM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
If you see yes manipulating the price of bitcoin is totally possible but in the current state a single person no matter how many bitcoin he has he can't manipulate the price easily. He may require few big coin holders and manipulating the coin would be easier. I think for us in general we can manipulate the price of any small altcoins.
hero member
Activity: 910
Merit: 507
March 31, 2017, 04:29:38 PM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 31, 2017, 03:09:51 PM
Some say groups like the whale club manipulate the bitcoin price on a daily basis amd maybe they do.
Maybe even the big mining farmers are in on the act but who really know for sure.

Bitcoin is no different than any other money driven markets, if there is cash to be made then you can bet at least one person in the room is not playing fair.

Every few days leading up to payday i think my boss must be manipulating the market because it always goes up $50 or more when they pay me then it drops again  Cheesy
I heard exchanges also go for manipulating bitcoin prices that too with its member's bitcoins. (not just this, they do gamble also with public funds). But I do not see any breach of gentleman agreements there. They have opportunities so they make use of them.

Those that control huge amounts of bitcoin are able to manipulate the price more directly but even small holders by their independent actions are able to manipulate the price, after all if everyone wants to sell at the same time then the price gets lower.
Those independent small bitcoin holders only could make some spikes in bitcoin trading and definitely they could not make any impact in the movements of price levels. By considering 15+ billion market cap, we must at least need 10k+ bitcoins to practically manipulate bitcoin prices.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
March 31, 2017, 03:09:15 PM
Well, have a lot of people who manipulate bitcoin, but honestly, it provides many advantages in retaining bitcoin. Well, they can manipulate the bitcoin only those who have a lot of bitcoin, and most likely it can only be done by the exchanger.
Those that control huge amounts of bitcoin are able to manipulate the price more directly but even small holders by their independent actions are able to manipulate the price, after all if everyone wants to sell at the same time then the price gets lower.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 31, 2017, 02:34:10 PM

I think that there are people who hold a very large volume of bitcoins. And they have a strong influence on the price of bitcoin. Unfortunately, the price of bitcoin has become unpredictable. This suggests that there are manipulators

There are really people who hold a large amount of bitcoin that can shake up the market once they buy or dump their coins. Good thing as time passes by, numbers of unique bitcoin users, even holding a few quantity of bitcoin, are increasing resulting in a great numbers. With this kind of changes in the ecosystem, even bagholders dump their coin, bitcoin price can stand the pressure because of the resistance that those others bitcoin holders are doing

The price rise obviously works in the reverse direction

I agree that over time the distribution of bitcoins among users becomes more even (and dumps greatly contribute to this), but at the same time we shouldn't forget that with price growing, more and more people who couldn't before affect the price in any meaningful way now turn into mini whales (in fiat terms) and thus get some power to move the price stronger with their coins. The market price is determined by the balance of supply and demand naturally, and its growth in general is the result of the supply contracting and the demand expanding, which necessarily leads to markets becoming thinner, and consequently, to the effect that I described above
legendary
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March 31, 2017, 01:51:03 PM

I think that there are people who hold a very large volume of bitcoins. And they have a strong influence on the price of bitcoin. Unfortunately, the price of bitcoin has become unpredictable. This suggests that there are manipulators

There are really people who hold a large amount of bitcoin that can shake up the market once they buy or dump their coins. Good thing as time passes by, numbers of unique bitcoin users, even holding a few quantity of bitcoin, are increasing resulting in a great numbers. With this kind of changes in the ecosystem, even bagholders dump their coin, bitcoin price can stand the pressure because of the resistance that those others bitcoin holders are doing.

Not like in the early stage of bitcoin that price is purely manipulated and whales can dictate what price it should went, price increase or decrease.
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