Can we Manipulate Bitcoin price? - page 24.

Lituation

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Quote from: Rinder on March 28, 2017, 08:47:46 PM

Well bitcoin can be manipulated since the begining, now is more clear that some whales group, as well good or bad news does make price to change, but the worse is the attacks over exchanges or big projects with a lot btc from users, that make they left or loose their full capital. Nowadays a manipulation at bitcoin does cost milions and need whales supports, to keep the dump or pump for a while and then let the market to test the values.

We can't manipulate shit because none of could be trusted with the task lol youre right it does take a lot to manipulate but the guys are out there. lucky guys.

Rinder

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Well bitcoin can be manipulated since the begining, now is more clear that some whales group, as well good or bad news does make price to change, but the worse is the attacks over exchanges or big projects with a lot btc from users, that make they left or loose their full capital. Nowadays a manipulation at bitcoin does cost milions and need whales supports, to keep the dump or pump for a while and then let the market to test the values.

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Quote from: ClaraLuV on March 28, 2017, 11:48:14 AM

Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

There was a time when a simple news could impact the price of bitcoin but i think things are changing and if not for the forking and power struggle we would not see a price slide and even now the price is recovering,price manipulation is possible in alt coins where they have low volumes.If you are holding millions of dollars of millions worth of bitcoin then you could manipulate the price .

I agree. Does that mean bitcoin is gaining trust or there are just much more holders now than spenders or panic sellers.
I guess we learned a lesson from before like the $800 rise then back to $600.
That is a good experience for us to see how strong bitcoin could be.
There are different types of how it could be manipulated. But as I see now, there is not much. Only dumping and pumping back for a mild profit.
I think bitcoin is somehow making it easier for others to make money just like that although it is still risky for me.

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Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

There was a time when a simple news could impact the price of bitcoin but i think things are changing and if not for the forking and power struggle we would not see a price slide and even now the price is recovering,price manipulation is possible in alt coins where they have low volumes.If you are holding millions of dollars of millions worth of bitcoin then you could manipulate the price .

Kromos

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I think the "sharks" can manipulate the price since they have a huge amount to do that, as it is in the stock market. If you have huge amounts of bitcoin, you can do so.

And probably with a cartel, this could happen easily.

Winchester2211

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Quote from: jualidbitmixer on March 28, 2017, 08:15:44 AM

Well, the theory is depend on demand and supply but i'm sure some people that have many bitcoins can manipulate the price of bitcoin, because when they sell all their coins it will give a significant drop on the chart and it will makes other people sell their coin too.

Are you talking about the speculative transactions. They really are able to sow panic on the stock exchange, but if people would respond speculators simply lose their money.

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Quote from: stergium on March 27, 2017, 09:25:10 AM

Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin.

I think even now we can manipulate the bitcoin price. It can be manipulatedin the way of if the demand of bitcoin is increasing then, same goes for the value of bitcoin it will increase also. However, it will happen only if the users of bitcoin will increase and use it for their daily transactions. Plenitude support of people has a big impact on the manipulation of bitcoin price.

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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.

jualidbitmixer

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Well, the theory is depend on demand and supply but i'm sure some people that have many bitcoins can manipulate the price of bitcoin, because when they sell all their coins it will give a significant drop on the chart and it will makes other people sell their coin too.

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Quote from: Blackdeath on March 28, 2017, 08:09:51 AM

I think it also, we have a capability to manipulate the bitcoin price. It will depend on us, if the community that uses bitcoin will support and use it for daily transaction. The demand of bitcoin will increase at the same time the value of bitcoin will also increase.

We really don't, not with the market cap being $17.2 bn.

The last time it was easy to manipulate bitcoin was in early 2013 when the price was under $100.

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Quote from: jovs on March 28, 2017, 07:53:57 AM

Quote from: 1Referee on April 24, 2016, 05:03:25 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.

We have the same thought about this topic. For me the support of bitcoin can control the price increase of bitcoin. As far its community support or uses bitcoin on its daily basis. The demand increase as its price also increases just like in businesses. When people uses bitcoin the cycle of currency going to be fast and efficient for some users to feel. Massive support of people will sure help the progress of bitcoin for its future to grow and develop. Just wait for more minor upgrade on transaction and price.

I think it also, we have a capability to manipulate the bitcoin price. It will depend on us, if the community that uses bitcoin will support and use it for daily transaction. The demand of bitcoin will increase at the same time the value of bitcoin will also increase.

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Quote from: 1Referee on April 24, 2016, 05:03:25 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.

We have the same thought about this topic. For me the support of bitcoin can control the price increase of bitcoin. As far its community support or uses bitcoin on its daily basis. The demand increase as its price also increases just like in businesses. When people uses bitcoin the cycle of currency going to be fast and efficient for some users to feel. Massive support of people will sure help the progress of bitcoin for its future to grow and develop. Just wait for more minor upgrade on transaction and price.

Klima

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Quote from: batang_bitcoin on March 28, 2017, 12:31:47 AM

Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

Yeah it was happening since then and as of now they did manipulate the price again which is more beneficial to all of us and to control the market of bitcoin. Those people behind this manipulation are the real ones that are playing a big role in the market because they are the ones that makes bitcoins price stable and acceptable.

If all this is true (and it seems to me that this is true), then I am very upset. Hence bitcoin is now not as decentralized as we want. And now he is not much different from the Fiat.

batang_bitcoin

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Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

Yeah it was happening since then and as of now they did manipulate the price again which is more beneficial to all of us and to control the market of bitcoin. Those people behind this manipulation are the real ones that are playing a big role in the market because they are the ones that makes bitcoins price stable and acceptable.

sergeyzol

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Quote from: stergium on March 27, 2017, 09:25:10 AM

Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin.

I do not agree with you. It's not in the past. Now we see a tough manipulation. Now we can definitely say that the cost of bitcoin is manipulated by large whales that have a lot of resources

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Quote from: stergium on March 27, 2017, 09:25:10 AM

Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin

In real life, though, this is nowhere near the case

If the number of Bitcoin users increases (and this is a big if on its own), that doesn't mean that the possibilities for price manipulation diminish. In fact, they could even grow. You seem to implicitly assume that the new users will be using their bitcoins for trading or whatnot, but this is not necessarily so (I'd rather say it is highly unlikely). If they just stash their fresh coins away (which some obviously do), these coins can be considered as left for dead (at least, for the time being). Therefore, the total number of coins circulating in the market is likely to decrease over time, but that contributes to price manipulation, not takes from it (a rule of thumb, less coins in the market means more price manipulation)

stergium

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Quote from: dwieyani on March 27, 2017, 01:56:22 AM

many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

i think it was possible in past but now as time pass and bitcoin is becoming more and more popular and the number of bitcoin users are increasing continously therefor it is now becoming difficult to manipulate the price of bitcoin.

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Quote from: Bitcoin0916 on March 25, 2017, 08:41:31 PM

Quote from: BitcoinPC on March 22, 2017, 09:52:14 AM

Quote from: tooley on March 20, 2017, 03:38:40 AM

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.

We wait for up 3 months in advance, if they continues to sell the price could drop under $1000. But I'm sure that's not going to do because they also know that it is currently not easy to manipulate because there is forces that can fight.

When they can manipulate the price of shitcoin to the moon,there is hardly any argument to say they can't manipulate bitcoin price.
I am damn sure some big Chinese miners are behind recent pump and now dump.

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many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.

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Quote from: Erza on March 27, 2017, 12:29:38 AM

Quote from: BitcoinPC on March 22, 2017, 09:52:14 AM

Quote from: tooley on March 20, 2017, 03:38:40 AM

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.

But why they are going to sell it on the lower price? They want to get some profit too though, the one that only sell for low price only some early adopter which is they are not losing anything instead of that, they keep gaining some coin to sell from gambling though. Big whale have their tons of coin just by keep on buying and that will make price go so high

They are constantly making profit when they will create a panic, they will lure the weak holders to sell their bitcoins so they can buy a good volume
at a very low price, we have to be mature with that and do not let them play with us. I think the best way to do is to join the whales as for sure they will not let this bitcoin die, there are times we will see some dump but that would not mean a big thing since the value will eventually rise.

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