Can we Manipulate Bitcoin price? - page 44.

Barbut

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Quote from: Greenenergy on December 21, 2016, 04:33:59 AM

No we can't, at least in the way you proposed. Imagine how hard it would be for someone to coordinate of bunch of greedy people for whom betraying is not a problem. Just look at how hard it is to reach some kind of consensus around an evident improvement in technology Roll Eyes

...

You are totally right, for his proposal there need to be united and coordinated action. There is couple important things that needs to be done, but solution is far from reach cause people can't agree.
Bitcoin needs to be improved, Segwit, confirmation time, blocksize, there are really some things that annoy us, and they can't agree and make consensus about this important questions.
How the hell they will agree to manipulate price.

NEWGOODOUBLE

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Quote from: bitbunnny on December 20, 2016, 12:55:09 PM

It shouldn't be like that but in certain way Bitcoin price could and probably is manipulated. In the Bitcoin world there are also some powerful interest groups and some factors on the market who all together could influence the price in the way they want so it's not random.

of course the sector in the market definitely has a mafia or a person or group that can manipulate the price, though you do not believe it, it did happen and it was hidden. few people know that
just like the manipulation goal in the match. if you have a big fund, you can do it

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Quote from: X-ray on December 21, 2016, 06:04:06 AM

Quote from: talkbitcoin on December 21, 2016, 05:25:47 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.

Bitfinex is definitely and absolutely an incident and hacking activities can't manipulate the current price unless the hacking are happen at the same time and in majority of exchanger. but if those hackers were just stealing the bitcoins then there might no affect to the current price.whales could manipulate the price of bitcoin only if they're really rich that could buy or sell many bitcoin because owning majority of bitcoin in the markets

Bitfinex incident is not intentional that we could able to say that it is a pure manipulation.It does really affect the bitcoins price since the bitcoin have been stolen is on huge amounts which could really affect the price when hacker sold those bitcoin.Whales could really affect the price of bitcoin but i dont think that it could manipulate bitcoin price anytime.

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Quote from: talkbitcoin on December 21, 2016, 05:25:47 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.

Bitfinex is definitely and absolutely an incident and hacking activities can't manipulate the current price unless the hacking are happen at the same time and in majority of exchanger. but if those hackers were just stealing the bitcoins then there might no affect to the current price.whales could manipulate the price of bitcoin only if they're really rich that could buy or sell many bitcoin because owning majority of bitcoin in the markets

talkbitcoin

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Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

lol bitfinex hack had nothing to do with manipulation and/or whales!
it is the clear example that there are too many newbies in the bitcoin and they easily panic. the whales involvement in that incident was those buy walls you saw down at $500 and those pockets that was filled with super cheap coins were whales pockets.
also if you look at the orderbooks they are still thin compared to other markets like gold or forex that is why drops like that still can happen.

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Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

at that time the price was not reduced because of that incident but the price reduced because people felt fear for their investment in bitcoin and a lot of people started to sell their bitcoins and they never cared for the price and due to the high number of sellers the price of bitcoin gone down.

Greenenergy

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No we can't, at least in the way you proposed. Imagine how hard it would be for someone to coordinate of bunch of greedy people for whom betraying is not a problem. Just look at how hard it is to reach some kind of consensus around an evident improvement in technology Roll Eyes

...

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Quote from: Pattart on December 21, 2016, 04:02:54 AM

Quote from: winspiral on December 20, 2016, 07:12:20 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

yeah the incident proved that bitcoin prices could still be manipulated in various ways such as panic and make a lot of people selling bitcoin, or committed by a group, by selling many of their bitcoin and reduce demand

We know that already because whales do exist and they can manipulate the price, but if people will be coming in consistently, it will just continue for the price to rise and that will benefit us because we do invest and we believe holding our bitcoins is profitable.

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Quote from: winspiral on December 20, 2016, 07:12:20 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

yeah the incident proved that bitcoin prices could still be manipulated in various ways such as panic and make a lot of people selling bitcoin, or committed by a group, by selling many of their bitcoin and reduce demand

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Quote from: Omega Weapon on December 21, 2016, 12:53:44 AM

Quote from: Wapinter on April 24, 2016, 04:40:31 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

Very unlikely since we will need a huge amount of coins and a unified way of putting pressure in the price since bitcoin in itself is all about decentralization and to avoid central authority I don't think forming a cartel is going to sit well with most of the members of the forum.

They have the power to manipulate the price but this people always like to make profit so they will make the price great like what we are seeing now, it's increasing and that will give them more profit, and also us if we are riding with it.

Omega Weapon

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Quote from: Wapinter on April 24, 2016, 04:40:31 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

Very unlikely since we will need a huge amount of coins and a unified way of putting pressure in the price since bitcoin in itself is all about decentralization and to avoid central authority I don't think forming a cartel is going to sit well with most of the members of the forum.

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Quote from: winspiral on December 20, 2016, 07:12:20 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

If they does, so how they are taking the risk to increase or decrease the price? I don't think there is a risk as they are the one who are usually moving the price of bitcoin. So if they want to increase the price, they will do something about it and how is the risk will come to them? I just can't get that manipulators are taking risk either.

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It shouldn't be like that but in certain way Bitcoin price could and probably is manipulated. In the Bitcoin world there are also some powerful interest groups and some factors on the market who all together could influence the price in the way they want so it's not random.

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Quote from: noictib on December 20, 2016, 09:48:44 AM

Quote from: Wapinter on April 24, 2016, 04:40:31 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

Ofcourse we can manipulate the Bitcoin price , But it is not easy because in Bitcoin we need to take own eyes at every fluctuations and every new activity in Bitcoin services .
So usually we need to get daily news updates about Bitcoin , This will make us able to predict the Bitcoin price fall/down .

For the bitcoin investment, there is no need to manipulate the price. If you hold it long enough, you will be rich.

noictib

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Quote from: Wapinter on April 24, 2016, 04:40:31 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

Ofcourse we can manipulate the Bitcoin price , But it is not easy because in Bitcoin we need to take own eyes at every fluctuations and every new activity in Bitcoin services .
So usually we need to get daily news updates about Bitcoin , This will make us able to predict the Bitcoin price fall/down .

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Quote from: winspiral on December 20, 2016, 07:12:20 AM

Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

But I think this time traders bitcoin been clever enough so they are not easily tricked by a trap created by a the manipulators. see the latest accident is bitfinex but the bitcoin holder not sell their bitcoin at the cheap price.

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Quote from: blockman on December 20, 2016, 07:09:14 AM

Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

blockman

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Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

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"manipulate" is not the good terme.
of course it is possible to change the price.
Eache time after a selling or a buyint the price changes.
if you try to manipulate it...and the market uses your "manipulation then the manipulator is the loser.
if the market fall in the "manipulation"...then the manipulator is winner.

I feel you give here a negative meaning at "manipulate" and in fact it is just normal result after normal trade.

if someone does manipulate the shares on my U2 system...it is unders hes own risks.
it is the same with bitcoin and everywhere.

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Quote from: JANGKRIK BOSS on December 20, 2016, 05:39:05 AM

It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

Good point. But still if you have a large number of this item named "bitcoin" which have just a limit to where it will end you could manipulate it with buying and selling it. That is what is happening with other rare items. Once they knew they stopped producing this items many people will try to buy one thinking its price will go up in the future.

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