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Topic: Can we Manipulate Bitcoin price? - page 60. (Read 73493 times)

hero member
Activity: 753
Merit: 505
August 17, 2016, 08:37:57 PM
Maybe a coordinated effort between some people. But one person no.
legendary
Activity: 840
Merit: 1000
August 17, 2016, 01:15:05 PM
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.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
August 17, 2016, 03:40:25 AM
If a site like Bitfinex went offline all of a sudden followed by a huge drop of price of Bitcoin is that considered as a price manipulation?
From $630 USD down to $568 USD then climb back to $593 USD. That's a quick profit of $25 per Bitcoin.
That is possible if you have a good amount of money to use in trading, and you can take advantage of the price fall back. Other may think that the price is manipulated but I would not buy their opinion as I know it was a real temporary crisis that leads the price down a bit for us to give the chance to earn.
legendary
Activity: 1344
Merit: 1006
August 17, 2016, 01:07:36 AM
If a site like Bitfinex went offline all of a sudden followed by a huge drop of price of Bitcoin is that considered as a price manipulation?
From $630 USD down to $568 USD then climb back to $593 USD. That's a quick profit of $25 per Bitcoin.
hero member
Activity: 756
Merit: 502
August 17, 2016, 12:46:05 AM
Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
I don't think getting that many people coordinated to do it would end up working.  If the plan to do something with the price was public, there would be just as many people going against the plan to try and make money on it.

i think if all bitcoiner do it, we can make bitcoin price always rising, people must hold his bitcoin until we reach our target
hero member
Activity: 756
Merit: 502
August 17, 2016, 12:44:15 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

Yes, I also think like that, and they are also members bitcointalk, and outside the forum bitcointalk too many, and they were like members of forex and other trading members.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
August 16, 2016, 10:43:39 PM
Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
I don't think getting that many people coordinated to do it would end up working.  If the plan to do something with the price was public, there would be just as many people going against the plan to try and make money on it.
hero member
Activity: 756
Merit: 502
August 16, 2016, 10:02:35 PM
employers and authorities seem technologies that manipulate bitcoin, but I am not sure that there is a technological ruler bitcointalk users. the 2nd is the bitcoin miners. and this is my opinion, they are as user bitcointalk that manipulate bitcoin.

hero member
Activity: 672
Merit: 500
August 16, 2016, 08:32:48 PM
Yes, we can. If we can establish bitcointalk members and get more than 1 million people to support it we can manipulate bitcoin price. If it is less than that I do not think so.
hero member
Activity: 756
Merit: 501
August 16, 2016, 06:45:31 PM
I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise

There are already several bitcoins mined, and the big farmers has a big part of them, but the pioners are the ones who cant manipulate as they have a great ammount of coins, as well the exchanges and some few others projects. Bitcoin holders with more then 500 bitcoins should be less then 200 nowadays. The supply and demand will start if we reach more people interested into bitcoin, if we are now 500k members we need to get more be over 2 milions ( or more) to make this game works.
newbie
Activity: 23
Merit: 0
August 16, 2016, 05:15:58 PM
I believe bitcoin price can manipulate  when we look  the stock market it can manipulate with rich people it is important how much money you have or how much bitcoin you have if you have enough bitcoin you can manipulate bitcoin price .
full member
Activity: 124
Merit: 100
August 16, 2016, 04:22:09 PM
I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise

there are not only miners that can hold a good quantity of btc... see btfinex hack Wink or seized coins
member
Activity: 112
Merit: 10
August 16, 2016, 04:13:47 PM
I believe we can manipulate bitcoin price based on supply and demand.....if we have less bitcoin miners it means supply is less and chances are price will rise
full member
Activity: 216
Merit: 100
August 16, 2016, 02:12:34 PM
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

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
yeah, it is sad to see that the development roles so slow, if we want to make bitcoin big we need way more action

For the time being, the least thing the developers should do is to increase the block size so that we can have good transaction time.
full member
Activity: 173
Merit: 100
August 15, 2016, 06:46:45 PM
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

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
yeah, it is sad to see that the development roles so slow, if we want to make bitcoin big we need way more action
legendary
Activity: 1232
Merit: 1091
August 15, 2016, 05:20:56 PM
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

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
full member
Activity: 222
Merit: 101
Novus ordo seclorum
August 15, 2016, 04:41:55 PM
gonna take a whole lotta cash for that nowadays
full member
Activity: 223
Merit: 250
August 15, 2016, 04:40:12 PM
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.

I do not have enough fire power to affect the price directly. But I hold most of my coins, that will indirectly increase the price.
most of the people dont though if a group of people decides to sell or buy their bitcoins then the price might be moved a lot to be honest
sr. member
Activity: 378
Merit: 251
August 15, 2016, 04:29:37 PM
I think that we can't, to manipulate bitcoin price need to own very very huge amount of bitcoins, maybe chainese campaings can manipulate it.
full member
Activity: 216
Merit: 100
August 15, 2016, 11:40:23 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

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

That is right. The development determines the usefulness of the bitcoin. If it is adopted by many people, the price will be higher.
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