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Topic: Can we Manipulate Bitcoin price? - page 68. (Read 73544 times)

legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
July 06, 2016, 10:54:09 PM
With 5 bitcoins you can manipulate others crypto coins bitcoins will need atleast 500 or 2000 bitcoins to moove nice up or down ammounts below that will mean nothing as the walls around bitcoin are around 20-50btc . Whales group are connected and pumping easy altcoins making insane income for survive 6 months or even 12 months, a drem to be part of such group that is restricted for the most.
That would depend on the altcoins, if that coin is just a shit coin you will never win because mostly the one who can manipulate is only the developers, there are big altcoins and with you 5 BTC you cannot move the market of waves, DAO, LSK, and ETH.
hero member
Activity: 756
Merit: 501
July 06, 2016, 05:00:43 PM
With 5 bitcoins you can manipulate others crypto coins bitcoins will need atleast 500 or 2000 bitcoins to moove nice up or down ammounts below that will mean nothing as the walls around bitcoin are around 20-50btc . Whales group are connected and pumping easy altcoins making insane income for survive 6 months or even 12 months, a drem to be part of such group that is restricted for the most.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
July 04, 2016, 03:08:50 AM
Yes we can if we have a lot of money to put on bitcoins because if the amount of the bitcoin that we can buy is ranging 1-5 bitcoins i think it would be enough to manipulate the price. It's better to you to build a group which have many members and also money and the things/decision that you will make is uniform i mean the move of one is the move of all. In that way you/we can manipulate the price.
1-5 bitcoins will not move the market if you use that, whales have more than the amount you could imagine. I have that amount you mentioned but I cannot move the market so take it from me.
hero member
Activity: 2590
Merit: 644
July 03, 2016, 06:36:11 AM
Yes we can if we have a lot of money to put on bitcoins because if the amount of the bitcoin that we can buy is ranging 1-5 bitcoins i think it would be enough to manipulate the price. It's better to you to build a group which have many members and also money and the things/decision that you will make is uniform i mean the move of one is the move of all. In that way you/we can manipulate the price.
full member
Activity: 154
Merit: 100
July 03, 2016, 01:53:09 AM
it's definitely possible if you have enough people with a good amount of coins to hold them for a very long time, but the words of the people here don't have any value since they change their mind on a daily basis. i am more a supporter of letting the market do what the whales want. that's happening in every market. it allows us to make profit and to buy back at lower levels.
hero member
Activity: 3010
Merit: 666
July 03, 2016, 01:51:41 AM
I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.
I think not only can control the bitcoin miners but the mafia that has more than 10k BTC bitcoin. they can control the market in bitcoin price also
How would the miners would be a big deal in manipulation of the bitcoin price, I think they can't do anything unless they are also an investors. Whales are investors for sure not miners.
sr. member
Activity: 476
Merit: 250
July 02, 2016, 08:08:27 PM
I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.
I think not only can control the bitcoin miners but the mafia that has more than 10k BTC bitcoin. they can control the market in bitcoin price also
legendary
Activity: 938
Merit: 1000
July 02, 2016, 05:53:33 PM
I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.

yeah i agree with this.
and i always tell those who say miners will stop working if the price goes down and they will not make profit. i tell them that miners are the biggest whales and if they desire they can change the price so that it becomes profitable for them.

So it seems(and that talking about top 3 only):

AntPool      *operated by the company known as AntMiner ASIC miners,BitMain
F2Pool       *a venture between two Chinese technology enthusiasts
BTCC Pool  *third largest Bitcoin pool operated by the well-known Chinese Bitcoin exchange BTCC

 *About 67 percent of the total share.
hero member
Activity: 770
Merit: 500
Bazinga!
July 02, 2016, 11:18:36 AM
I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.

yeah i agree with this.
and i always tell those who say miners will stop working if the price goes down and they will not make profit. i tell them that miners are the biggest whales and if they desire they can change the price so that it becomes profitable for them.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
July 02, 2016, 11:03:14 AM
If you we have a lot of money to put on bitcoin then we can manipulate the price but if you don't have a lot of money then you can only afford 1 bitcoin i think it will be hard to manipulate the bitcoin price for you.

I think you are true, if a person is more richer like bill gates and put all of their wealth in bitcoin then he will be able to manipulate the price of bitcoin according to his wish.
legendary
Activity: 2492
Merit: 1018
July 02, 2016, 10:49:40 AM
China miners don't control bitcoin price, even having loads of money and a good ammounts of bitcoins. Early adopters, take an example as Nakamoto, the creator of bitcoin with a huge power to affect the price anytime, those is the people behind the bitcoin value. And yes bitcoin can be and is being manipulated the same way others coins and currencies are from their countries.

fiat can also be manipulated same thing with bitcoin. its just a matter of who and intention, if he just wants to earn by dumping and then buying low then sure a big whale with 50K btc. this is risky though most of them creates buy wall. they end up losing btc instead if there is a buy wall.
hero member
Activity: 756
Merit: 501
July 02, 2016, 10:33:14 AM
China miners don't control bitcoin price, even having loads of money and a good ammounts of bitcoins. Early adopters, take an example as Nakamoto, the creator of bitcoin with a huge power to affect the price anytime, those is the people behind the bitcoin value. And yes bitcoin can be and is being manipulated the same way others coins and currencies are from their countries.
sr. member
Activity: 434
Merit: 251
July 02, 2016, 08:41:57 AM
I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.
hero member
Activity: 994
Merit: 502
July 02, 2016, 08:00:59 AM
If you we have a lot of money to put on bitcoin then we can manipulate the price but if you don't have a lot of money then you can only afford 1 bitcoin i think it will be hard to manipulate the bitcoin price for you.
Buyers and sellers don’t have to label their motivations for making a move in Bitcoin. Bitcoin could be openly manipulated by investors with a lot to gain and very little to lose.
sr. member
Activity: 336
Merit: 250
July 02, 2016, 02:33:46 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 possible if we have volume of bitcoin. The price is dictated by the buy and sell activities in the market. If somebody sells a huge volume if bitcoin in a lesser price then surely bitcoin price will go down. We don't have a big deposit of btc and at the same time most in this site are dependent on the signature campaigns. Even if we combined all our assets it is still not enough, who we are compared to the billionaires.
sr. member
Activity: 364
Merit: 250
July 01, 2016, 10:01:18 PM
If you we have a lot of money to put on bitcoin then we can manipulate the price but if you don't have a lot of money then you can only afford 1 bitcoin i think it will be hard to manipulate the bitcoin price for you.
hero member
Activity: 560
Merit: 500
July 01, 2016, 08:53:08 PM
We can manipulate bitcoin price if we got more than 10000$ easily. Even 1000$ I think would do to make a little pump or dump. You can pump it and put a buy wall and sell wall so that you can sell your bitcoin with profit while pumping or dump it then wait for a chain of sell reaction then set sell to the lowest possible.  Grin
hero member
Activity: 3010
Merit: 666
July 01, 2016, 02:11:33 AM
setting aside the ethical and legal question of manipulating the markets, yes, it is probably possible to force the price up or down for a limited period of time, providing that you have enough capital at your disposal, but the market would probably go back to the equilibrium soon enough.
Indeed, in this venture the majority will dictate the game and even if the price will go down a bit but with continue demand on the supply the price will back up in a short time.
sr. member
Activity: 323
Merit: 250
June 23, 2016, 05:55:41 AM
setting aside the ethical and legal question of manipulating the markets, yes, it is probably possible to force the price up or down for a limited period of time, providing that you have enough capital at your disposal, but the market would probably go back to the equilibrium soon enough.
hero member
Activity: 1032
Merit: 502
June 23, 2016, 05:19:08 AM
There are people/entities that do not need even 1 cent to manipulate BTC market.

Look what Mike Hern`s announcement has done with BTC price some months ago.

If for example Finex that generates more than 20% of western trades spreads fud that they are hacked BTC price will tank.

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