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Topic: Can we Manipulate Bitcoin price? - page 4. (Read 73493 times)

member
Activity: 85
Merit: 10
March 25, 2018, 10:58:53 AM
bitcoin is already manipulate
jr. member
Activity: 183
Merit: 2
March 25, 2018, 10:51:09 AM
It depends about who is "WE" .
If you are a sathosi or other top ten wallet's owner you can actually control its price by dumping right now all BTC you have. But I do not think you'd do such a thing unless you changed totally your mind about the power of revolutionary monetary world.

But it could be a possibility.

And I forget to mention: if you do that right now you can only be a fool  Cheesy
We'll see in a year or so.
newbie
Activity: 168
Merit: 0
March 25, 2018, 10:01:21 AM
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
Big players has only the right to manipulate the price ,for me as a beginner i'll just go with the flow as long as i can do it into the right actions and the price still reasonable,let it go into its natural flow.
newbie
Activity: 167
Merit: 0
March 25, 2018, 06:57:42 AM
seems difficult at all to manipulate the price of bitcoin, because I think that determines the price of bitcoin is the users themselves, if they are selling them together in large numbers, then the effect will taste the bitcoin prices.
To control the price of this market unless the people who are holding large amounts of BTC sit back and work together, then I think the bitcoin price will be adjusted to their will. This is very risky for newcomers to bitcoin.
member
Activity: 308
Merit: 10
March 24, 2018, 07:55:38 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 manipulate the price of bitcoins if we are rich enough to invest a huge amount and make the price of bitcoins decrease in the lowest price but since no one can really afford that then we cannot really change the price of cryptocurrency.
member
Activity: 364
Merit: 10
March 24, 2018, 07:48:15 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
Nice and very good thoughts on that mate. I think manipulating bitcoin's price by forming a cartel is not good because you are like forming a syndicate. Let bitcoin's price flew without any manipulation because it is decentralized and if we control it, it would defeat it's purpose of being decentralized.
sr. member
Activity: 588
Merit: 250
March 24, 2018, 05:04:55 PM
Big guys probably can do something but it will not change price a lot. Market is just living his own life and only big changes in the world can do impact.
legendary
Activity: 2044
Merit: 1008
March 24, 2018, 04:29:55 PM
The daily trade volume of Bitcoin is in billions of USD. That makes it extremely difficult to manipulate the exchange rates, unless you have liquid cash of at least $500 million available with you. My advice would be to go after some of the altcoins, rather than focusing on BTC.
sr. member
Activity: 994
Merit: 252
March 24, 2018, 04:19:02 PM
I think its not possible and although I like the idea of forming a bitcoin talk forum cartel it cannot be done. How will you manage to put almost 10 million users having the same idea and who will be the highest lord of this cartel ?  Better hold your coins in your wallet and hope for the best.
There are two ways of looking towards this aspect, first is that the market of the crypto currency is decentralized therefore it’s me, you and every member who has bitcoin can manipulate the bitcoin price because it’s we all who matter in this market, other is that if you want to effect the market heavily then you must be having a financially strong social circle with a lot of bitcoins in your wallet so that every move of yours should have an impact on the market.
hero member
Activity: 770
Merit: 500
March 24, 2018, 03:39:06 PM
The bitcoin marketcap is currently around $ 200 billion, and if we want to control the price we must have more than $ 100 billion, and I do not think there's anyone who has $ 100 billion so I'm sure no one can manipulate the price.
Yup, I do think so. The price of bitcoin cannot be easily controlled. The price is created by the community and it requires a huge amount of money to stabilize the price of bitcoin. Therefore, we can say that there is no way to control its price
full member
Activity: 658
Merit: 103
March 24, 2018, 12:40:48 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 but whales can manipulate the price of the bitcoin. The reason why the bitcoin is always pumping and dumping is because of the whales in the cryptocurrency market. Their power can really manipulate the price of the bitcoin.
member
Activity: 434
Merit: 10
March 24, 2018, 12:37:39 PM
The bitcoin marketcap is currently around $ 200 billion, and if we want to control the price we must have more than $ 100 billion, and I do not think there's anyone who has $ 100 billion so I'm sure no one can manipulate the price.

This is really beyond our imagination and I think if this coin can be manipulated then only the big whales can have the power to do this imo. We know that if there is a sudden ups and downs we actually think of some powerful people like these big whales who might control this crypto. Maybe, that's just one of the many reasons that affects the price of crypto.
newbie
Activity: 162
Merit: 0
March 21, 2018, 02:57:01 PM
everything can be done if there is a large team or group, if this is done personally I sure can not, because it requires a lot of funds.
full member
Activity: 588
Merit: 100
March 21, 2018, 02:55:51 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

That's the bad thing because we cannot manipulate the price of bitcoin. If it is just possible to hold bitcoin price we can easily do our plans for the future. But we can't, we can just expect for the price increase right now because it's really tempting when bitcoin is very high. You can't control your self to have a dream that will make come true.
sr. member
Activity: 1526
Merit: 255
March 21, 2018, 02:41:17 PM
The bitcoin marketcap is currently around $ 200 billion, and if we want to control the price we must have more than $ 100 billion, and I do not think there's anyone who has $ 100 billion so I'm sure no one can manipulate the price.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
March 21, 2018, 02:25:36 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

Yes, we can really manipulate the bitcoin price in the market. There are hackers in other countries that are changing the price in the market in because of them there are people who are selling their coins immediately due to panicking and makes the price of bitcoins decrease.
sr. member
Activity: 1078
Merit: 254
March 21, 2018, 01:37:23 PM
There are people who can manipulate bitcoin but I think that if the manipulation of the bitcoin price may lead to the death of bitcoin. Even though, there is only one or two person who manipulates the bitcoin price it might be caused value surge towards the bitcoin community. The cause of this manipulation may be because of the lack of regulation of the cryptocurrency(bitcoin). People who study this thinks that the highlight is the lack of diversity in the cryptocurrency market was likely to have a big role as to why we have price manipulation.
member
Activity: 322
Merit: 10
March 21, 2018, 01:32:51 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 not adjust the price of Bitcoin for some reasons. I think Bitcoin is the first virtual currency in the Crypto market and shows us how it affects the market. In that case, if someone changes their mind, it is the wealthiest person in the world.
full member
Activity: 476
Merit: 100
March 21, 2018, 01:21:43 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

Of course, we can manipulate the price only by spreading bad or good news. But also many people use bots to manipulate the exchange rate.
hero member
Activity: 1666
Merit: 629
March 13, 2018, 10:18:38 AM
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

It is very difficult but not impossible. If you have a large budget, you can of course check the market as you like, but it is not necessary to forget that you will not have a high amount of money. In other words, while you want to drop the market, someone else can try to raise it and achieve balance. Many communities have tried this before, but have not been successful. You need such a serious budget, you think.
A small note: Although this market works anonymously, do not forget that manipulation is a big crime in the financial world.
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