Can we Manipulate Bitcoin price? - page 65.

freedomgo

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Quote from: oHnK on July 31, 2016, 01:14:21 AM

Quote from: Universat on July 30, 2016, 12:52:01 PM

if you have a good amount of money then you can really effect the market and the price of bitcoin. but it is not such an easy job. it need such a hard work perfect planing and a lot of money. there are so many people in stock exchange who are really effecting the price of a particular stuff in stock market, i have a good experience in stock market.

No one could be doing that alone, it needs a full pack of team otherwise it will fail. There has been alot of people or groups that actually show how they manipulate the market, mostly on btc-e as traders there are quite volatile regarding the price movement , this shows it is actually easy to do if you have the team to do it

Still not that easy mate because you need to have a trusted team members that would ensure to only play the price base on the goal of the team, overtime individual's interest will prevail which would lead to the failure of the group.

oHnK

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Quote from: Universat on July 30, 2016, 12:52:01 PM

if you have a good amount of money then you can really effect the market and the price of bitcoin. but it is not such an easy job. it need such a hard work perfect planing and a lot of money. there are so many people in stock exchange who are really effecting the price of a particular stuff in stock market, i have a good experience in stock market.

No one could be doing that alone, it needs a full pack of team otherwise it will fail. There has been alot of people or groups that actually show how they manipulate the market, mostly on btc-e as traders there are quite volatile regarding the price movement , this shows it is actually easy to do if you have the team to do it

TGD

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Quote from: dunfida on July 30, 2016, 10:59:48 AM

Quote from: Wapinter on July 30, 2016, 06:34:40 AM

Quote from: Batelk on July 29, 2016, 01:49:47 PM

Quote from: michkima on July 28, 2016, 12:23:44 PM

If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Most forum members are very poor. They might have only 1 bitcoin. But that is still around 1 million coins.

What made you think that most of our members are poor? lol do you have any supporting evidence?

He wouldnt show any evidence since he hasnt evidence at all. lol . Grin

You dont know whose every kind of person here in the forum , they might one of the big holders of bitcoin world are they are just here to have some information and not only just making money in this forum. You cant judge all people here dont have money .

I think it also thats there is member here thathave bag holder of bitcoin, of course if I am him I will not show my self and not all of this forum member is poor there just want to earn some and learn at the same time.

Universat

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if you have a good amount of money then you can really effect the market and the price of bitcoin. but it is not such an easy job. it need such a hard work perfect planing and a lot of money. there are so many people in stock exchange who are really effecting the price of a particular stuff in stock market, i have a good experience in stock market.

randy8777

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Quote from: Batelk on July 29, 2016, 01:49:47 PM

Quote from: michkima on July 28, 2016, 12:23:44 PM

If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Most forum members are very poor. They might have only 1 bitcoin. But that is still around 1 million coins.

very poor and "only 1 bitcoin"? if they hold a whole bitcoin then they aren't that poor, am i right? Wink

especially if they keep holding their "only 1 bitcoin" for many years as a long term investment. the price will only go higher and higher.

densuj

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Quote from: Wapinter on April 24, 2016, 05:40:31 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

I think it is can but it will need much time,seriousness management,compactness of bitcointalk members,sustainable and hard work to make cartel of bitcointalk members to manipulate price of bitcoin.

CyberKuro

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you might be able to manipulate the price of bitcoin, but you need a number of bitcoin very much, even more than 1000 BTC. I think only large companies that are able to do it. we might be able to change the price of bitcoin, but we must do it together, as sold simultaneously at a bargain price, but I will not do it Grin

dunfida

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Quote from: Wapinter on July 30, 2016, 06:34:40 AM

Quote from: Batelk on July 29, 2016, 01:49:47 PM

Quote from: michkima on July 28, 2016, 12:23:44 PM

If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Most forum members are very poor. They might have only 1 bitcoin. But that is still around 1 million coins.

What made you think that most of our members are poor? lol do you have any supporting evidence?

He wouldnt show any evidence since he hasnt evidence at all. lol . Grin

You dont know whose every kind of person here in the forum , they might one of the big holders of bitcoin world are they are just here to have some information and not only just making money in this forum. You cant judge all people here dont have money .

Wapinter

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Quote from: Batelk on July 29, 2016, 01:49:47 PM

Quote from: michkima on July 28, 2016, 12:23:44 PM

If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Most forum members are very poor. They might have only 1 bitcoin. But that is still around 1 million coins.

What made you think that most of our members are poor? lol do you have any supporting evidence?

Maesters1-

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yes i think so, there are so big players who can effect the market price of bitcoin just like in stock exchange the big investors disturb the market because they are holding a big amount in share to they start selling their share with low rate which create panic in the market and the small investors also sell their shares with low rate and book lost, similarly it is also possible in bitcoin market that the big investor can easily influence the market.

safari88

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I think it could be done by a big whales or large exchangers, such as china exchangers which has always been a the direction to determine the price goes up or down.

Taki

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I think everyone of bitcoin holders, even if it is just couple satoshies, can manipulate bitcoin price. The fact that you get involved in all this crypto world already making bitcoin work. And if more people use it price is getting higher. That is simple math. Price for bitcoin depends from many factors for sure, but such people like we are with our little operations with BIC (like sellin, buying it, gambling, investing) make the crypto machine go.

Kwiksave

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Quote from: Hellacopter on July 30, 2016, 04:14:38 AM

It's really very hard, or impossible to manipulate Bitcoin price because it depend in many factors and it's volatile as known, and that's make the best opportunity for the Bitcoins holders

When the market cap of the bitcoin becomes bigger in the next few years, it is more difficult to influence the price.

Hellacopter

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It's really very hard, or impossible to manipulate Bitcoin price because it depend in many factors and it's volatile as known, and that's make the best opportunity for the Bitcoins holders

goldcoinminer

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Quote from: Cereberus on July 29, 2016, 04:49:06 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 1 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.

You can never do that because as human we are greedy and we cannot unite with one intention as we have our own interest to make money, and for me that is good so we cannot manipulate the price of bitcoin and it will fair to all the users and patronizers of bitcoin.

Cereberus

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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 1 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.

Vikingr

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If the big whales are here then maybe we will be able to manipulate the price of bitcoin with their help, but if there is a bigger community available other than this forum hen it is impossible for us to manipulate the price of bitcoin, as in front of them our bitcoins amount is negegible

Batelk

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Quote from: michkima on July 28, 2016, 12:23:44 PM

If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Most forum members are very poor. They might have only 1 bitcoin. But that is still around 1 million coins.

michkima

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If every forum member buy 10 bitcoin, then we will have half the total supply. That will drive the price high.

Batelk

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Quote from: freedomgo on July 19, 2016, 03:50:21 AM

Quote from: npredtorch on July 19, 2016, 03:13:01 AM

Quote from: GreenBits on July 19, 2016, 01:46:28 AM

It would not even be necessary to affect the price through trading, you could make a change through social media or traditional media way easier. Imagine if everyone at a huge protest wore Bitcoin t-shirts. Or if someone took hostages waving a bitcoin flag. Or even if they bust some guy selling drugs on the dark web for bitcoin. Positive or negative, that news could easily affect the price, at least temporarily.

In short that what's called FUD. Actually, we have a section in this forum just for that purpose, it is in the ~~Alt Section~~ , no I'm just joking but you can see some example on that strike-through word. Aside from fudding, I can only see people with extreme amount of money who can manipulate bitcoin price by buying in bulk then dumping all it through. Law of demand and supply applies to this fact of pump and dump.

You will not be affected by FUD if you have a great amount of trust invested with bitcoins, FUD is just from people who likes you to dump and only those who have a weak hands will be affected.

That is true. When there is fud, it means the fuder want you to sell the coins so that they can buy more cheaper.

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