Can we Manipulate Bitcoin price? - page 59.

Kwiksave

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Quote from: buyinbtc on August 20, 2016, 05:17:28 PM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, big investors usually have huge impact on bitcoin price though they still cannot manipulate it too much as wrong trades can make them broke

Small investors like us can also have big impact.

The recent price drop is due to the small investors moving away from the bitcoin and moving to the other altcoins such as Etheruem and Monero.

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Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, big investors usually have huge impact on bitcoin price though they still cannot manipulate it too much as wrong trades can make them broke

Supercrypt

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Aren’t we manipulating the price already? What is this we do about the price of bitcoin?

Manipulation the price is the whole reason bitcoin has a price. It is not backed by anything , “manipulation” usually suggest if something worths X and you buy/sell it for something other then X , higher or lower.

Since bitcoin has no X value to itself, we only give it a meaning, its how much we think it worth. That's the factual definition of manipulation.

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Quote from: passivebesiege on August 20, 2016, 01:09:13 AM

Quote from: Leonard2016 on August 20, 2016, 12:30:29 AM

Quote from: freedomgo on August 19, 2016, 11:20:54 PM

Quote from: rekinthis on August 19, 2016, 11:15:25 AM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

though you need to have tons of money then, i doubt that one person can affect the price significantly though thats just my opinion

It's not possible this days because we are already a big community and we need more actions from a certain side to manipulate the price, what he have witness now is not a manipulation but it is what really is happening with the market of bitcoin.

it is still possible but i agree that the market has grown so big that the effects of any kind of manipulation is so much smaller than before. but there is no doubt that the manipulation is still happening.

Many investor in bitcoin right now thats why, it's hard for them to manipulate the price and I feel bitcoin right now is hard to increase couse many investor want to buy cheap, and other don't want to buy if the price is high.

Manipulation will not happen because all of us wants to see a price increase in the future, manipulation will only happen when one wants to see any price fall back so he can buy, whales do that before but for now it would be impossible for them to do it as we are already grown as an economy.

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Quote from: Leonard2016 on August 20, 2016, 12:30:29 AM

Quote from: freedomgo on August 19, 2016, 11:20:54 PM

Quote from: rekinthis on August 19, 2016, 11:15:25 AM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

though you need to have tons of money then, i doubt that one person can affect the price significantly though thats just my opinion

It's not possible this days because we are already a big community and we need more actions from a certain side to manipulate the price, what he have witness now is not a manipulation but it is what really is happening with the market of bitcoin.

it is still possible but i agree that the market has grown so big that the effects of any kind of manipulation is so much smaller than before. but there is no doubt that the manipulation is still happening.

Many investor in bitcoin right now thats why, it's hard for them to manipulate the price and I feel bitcoin right now is hard to increase couse many investor want to buy cheap, and other don't want to buy if the price is high.

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Quote from: freedomgo on August 19, 2016, 11:20:54 PM

Quote from: rekinthis on August 19, 2016, 11:15:25 AM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

though you need to have tons of money then, i doubt that one person can affect the price significantly though thats just my opinion

It's not possible this days because we are already a big community and we need more actions from a certain side to manipulate the price, what he have witness now is not a manipulation but it is what really is happening with the market of bitcoin.

it is still possible but i agree that the market has grown so big that the effects of any kind of manipulation is so much smaller than before. but there is no doubt that the manipulation is still happening.

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Quote from: rekinthis on August 19, 2016, 11:15:25 AM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

though you need to have tons of money then, i doubt that one person can affect the price significantly though thats just my opinion

It's not possible this days because we are already a big community and we need more actions from a certain side to manipulate the price, what he have witness now is not a manipulation but it is what really is happening with the market of bitcoin.

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Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

though you need to have tons of money then, i doubt that one person can affect the price significantly though thats just my opinion

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"We" can if we all do an action at once. But we as an individual cannot make the bitcoin price move at all unless we invest thousands of dollars in it. If we all dump our bitcoin, then the bitcoin price will surely move. Its movement will always depend on how much bitcoin do we have in total. All of us together would make a whale. While I doubt that people would participate in this kind of stuff, the potential of us controlling bitcoin remains standing.

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Quote from: ultrloa on August 19, 2016, 02:24:05 AM

Quote from: Herbert2020 on August 19, 2016, 02:09:31 AM

Quote from: carlfebz2 on August 19, 2016, 01:46:38 AM

Quote from: angryswamp on August 18, 2016, 03:47:16 PM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, only bigger whales can have a big impact on bitcoin price, though if a group of small investors would come there would also be a big impact

Agree, only big holders of bitcoins could only affect the movement of bitcoins price, look at the incident of the hacked funds of bitfinex it does really have impact on bitcoins price which it decreases it price from $670 to $520 mark but most investors see that price drop as an oppurtunity to buy more coins thats why the price is increasing again.

actually the recent bitfinex hack was one of the most clear signs of the manipulation, when the hack news spread and panic selling started the whales tool advantage of this situation and started to dump more hence pushing the price more down and i think it even reached $480 at a short point and then since they started to buy back immediately at bottom the price bounced back to $550 and rise slowly to $570

Absolutely and that means that if you have big amount of btc or money to bought btc well we can actually manipulate the price, it can be good or bad since some other people are doing some manipulating tricks so they can earn money from bitcoins flactuation but i believe that this manipulation will not be go far as came to the point that bitcoins price will die.

I think the normal users of bitcoin can not manipulate the price because they do not have any power to do that only the big whales can do that they can do what they want in the bitcoin prices, and i think if there is someone manipulate the price bitcoin lifes not goes long.

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Quote from: Herbert2020 on August 19, 2016, 02:09:31 AM

Quote from: carlfebz2 on August 19, 2016, 01:46:38 AM

Quote from: angryswamp on August 18, 2016, 03:47:16 PM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, only bigger whales can have a big impact on bitcoin price, though if a group of small investors would come there would also be a big impact

Agree, only big holders of bitcoins could only affect the movement of bitcoins price, look at the incident of the hacked funds of bitfinex it does really have impact on bitcoins price which it decreases it price from $670 to $520 mark but most investors see that price drop as an oppurtunity to buy more coins thats why the price is increasing again.

actually the recent bitfinex hack was one of the most clear signs of the manipulation, when the hack news spread and panic selling started the whales tool advantage of this situation and started to dump more hence pushing the price more down and i think it even reached $480 at a short point and then since they started to buy back immediately at bottom the price bounced back to $550 and rise slowly to $570

Absolutely and that means that if you have big amount of btc or money to bought btc well we can actually manipulate the price, it can be good or bad since some other people are doing some manipulating tricks so they can earn money from bitcoins flactuation but i believe that this manipulation will not be go far as came to the point that bitcoins price will die.

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Quote from: carlfebz2 on August 19, 2016, 01:46:38 AM

Quote from: angryswamp on August 18, 2016, 03:47:16 PM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, only bigger whales can have a big impact on bitcoin price, though if a group of small investors would come there would also be a big impact

Agree, only big holders of bitcoins could only affect the movement of bitcoins price, look at the incident of the hacked funds of bitfinex it does really have impact on bitcoins price which it decreases it price from $670 to $520 mark but most investors see that price drop as an oppurtunity to buy more coins thats why the price is increasing again.

actually the recent bitfinex hack was one of the most clear signs of the manipulation, when the hack news spread and panic selling started the whales tool advantage of this situation and started to dump more hence pushing the price more down and i think it even reached $480 at a short point and then since they started to buy back immediately at bottom the price bounced back to $550 and rise slowly to $570

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Quote from: angryswamp on August 18, 2016, 03:47:16 PM

Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, only bigger whales can have a big impact on bitcoin price, though if a group of small investors would come there would also be a big impact

Agree, only big holders of bitcoins could only affect the movement of bitcoins price, look at the incident of the hacked funds of bitfinex it does really have impact on bitcoins price which it decreases it price from $670 to $520 mark but most investors see that price drop as an oppurtunity to buy more coins thats why the price is increasing again.

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Quote from: youhgt2 on August 18, 2016, 01:54:46 PM

if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

yeah, only bigger whales can have a big impact on bitcoin price, though if a group of small investors would come there would also be a big impact

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if you are a big investor then surely you can manipulate the price of bitcoin, but it is not such an easy task, because it need a lot of money and strong decision taking hear.

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Quote from: freedomgo on August 18, 2016, 04:41:23 AM

Quote from: chaser15 on August 18, 2016, 03:46:01 AM

Quote from: goldcoinminer on August 18, 2016, 02:48:53 AM

Quote from: Zadicar on August 17, 2016, 11:24:04 PM

Quote from: extrabyte on August 17, 2016, 12:15:05 PM

Quote from: universe_ on August 14, 2016, 01:17:49 PM

Quote from: extrabyte on August 12, 2016, 04:24:06 AM

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.

if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

Correct, only those individuals who own huge amount of bitcoins would affect on the bitcoins price and also to other circumstances or happening just like what happen in bitfinex been hacked it really doest affect the price and it drop drastically to $500+ mark.

It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

So for a situation like that, just ride and take the advantage and opportunity. Right now, Im pretty sure that some bags another set of coins during the dipping point.

Back to topic, manipulation today can easily be done now with just a certain amount of money to be inserted in the bitcoin market. With just a $20-$30 price increase in bitcoin, it can start another speculation.

I don't understand how you can manipulate the price to get $20-$30, if one has the power to manipulate then we can see a lower price now so everyone will panic and those who manipulate the price will buy back bitcoins with a cheaper price.

As we all know the big holders of bitcoin would do really affect bitcoins price if they sell their coins in the market and for sure it would decrease its price but when a huge investor would buy thousand of bitcoin then the price of bitcoin would rise. Thats all supply and demand thing.

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Quote from: chaser15 on August 18, 2016, 03:46:01 AM

Quote from: goldcoinminer on August 18, 2016, 02:48:53 AM

Quote from: Zadicar on August 17, 2016, 11:24:04 PM

Quote from: extrabyte on August 17, 2016, 12:15:05 PM

Quote from: universe_ on August 14, 2016, 01:17:49 PM

Quote from: extrabyte on August 12, 2016, 04:24:06 AM

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.

if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

Correct, only those individuals who own huge amount of bitcoins would affect on the bitcoins price and also to other circumstances or happening just like what happen in bitfinex been hacked it really doest affect the price and it drop drastically to $500+ mark.

It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

So for a situation like that, just ride and take the advantage and opportunity. Right now, Im pretty sure that some bags another set of coins during the dipping point.

Back to topic, manipulation today can easily be done now with just a certain amount of money to be inserted in the bitcoin market. With just a $20-$30 price increase in bitcoin, it can start another speculation.

I don't understand how you can manipulate the price to get $20-$30, if one has the power to manipulate then we can see a lower price now so everyone will panic and those who manipulate the price will buy back bitcoins with a cheaper price.

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Quote from: goldcoinminer on August 18, 2016, 02:48:53 AM

Quote from: Zadicar on August 17, 2016, 11:24:04 PM

Quote from: extrabyte on August 17, 2016, 12:15:05 PM

Quote from: universe_ on August 14, 2016, 01:17:49 PM

Quote from: extrabyte on August 12, 2016, 04:24:06 AM

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.

if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

Correct, only those individuals who own huge amount of bitcoins would affect on the bitcoins price and also to other circumstances or happening just like what happen in bitfinex been hacked it really doest affect the price and it drop drastically to $500+ mark.

It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

So for a situation like that, just ride and take the advantage and opportunity. Right now, Im pretty sure that some bags another set of coins during the dipping point.

Back to topic, manipulation today can easily be done now with just a certain amount of money to be inserted in the bitcoin market. With just a $20-$30 price increase in bitcoin, it can start another speculation.

goldcoinminer

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Quote from: Zadicar on August 17, 2016, 11:24:04 PM

Quote from: extrabyte on August 17, 2016, 12:15:05 PM

Quote from: universe_ on August 14, 2016, 01:17:49 PM

Quote from: extrabyte on August 12, 2016, 04:24:06 AM

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.

if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

Correct, only those individuals who own huge amount of bitcoins would affect on the bitcoins price and also to other circumstances or happening just like what happen in bitfinex been hacked it really doest affect the price and it drop drastically to $500+ mark.

It affects the price of bitcoin but it does not affect for long, there was a major price fall back but that was just temporary and some have seen that a panic selling of the investors but for wise investors they have seen it as the opportunity to buy more bitcoins, and not they are enjoying their profit from short term investment.

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Quote from: extrabyte on August 17, 2016, 12:15:05 PM

Quote from: universe_ on August 14, 2016, 01:17:49 PM

Quote from: extrabyte on August 12, 2016, 04:24:06 AM

If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.

if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

Some bitcoins? Sorry universe_ but you are wrong, with few or some bitcoin that is nothing that can change the price, maybe can change few cents in the overall bitcoin price but not so much that can be manipulated. I think that the bitcoin price to be manipulated people should have hundreds or thousands of bitcoin.

Correct, only those individuals who own huge amount of bitcoins would affect on the bitcoins price and also to other circumstances or happening just like what happen in bitfinex been hacked it really doest affect the price and it drop drastically to $500+ mark.

Topic: Can we Manipulate Bitcoin price? - page 59. (Read 73544 times)