Can we Manipulate Bitcoin price? - page 71.

hermanhs09

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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

What's the point of manipulating the price all the way up? As far as I know this would make bitcoin a man made ponzi scheme in itself. Nobody's selling and everyone's buying. No point at all to keep BTC prices artificially high.

This could be done in theory but requires lots of funds. Also keep in mind there are only so many people that is going to sell coins to you.

Vikingr

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I think if we all agree to sell on a specific price then people will be imposed to buy only on that price, so this is the way to manipulate the price which is much harder nowadays as there are millions of people buying and selling their coins.

Cyaren

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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

You certainly could if you are a whale, however, you are probably not one since you're bothering with posting this post Tongue

Anyone can make an impact on the bitcoin price, whether large or small.

But if you want to manipulate the price by say $20, then you need some serious funds.

Finestream

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Quote from: MWesterweele on June 12, 2016, 12:11:48 AM

We can bro.But not for simple users.We need a lot of money maybe a million dollars to control and manipulte bitcoins price.Because you must be holding alot of stocs to manipulate its price.It's possible for rich persons.And big stock holders

That could not happen now because majority of the holders of bitcoins is holding a decent amount of bitcoins and if you want to manipulate the price of bitcoins you need their full cooperation to make it happen and I doubt if they will because every holder has its own interest with bitcoins either for short term or long term investment. Let us just use bitcoins in a proper way and not to manipulate it for our own good. Let us help the community to grow.

MWesterweele

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We can bro.But not for simple users.We need a lot of money maybe a million dollars to control and manipulte bitcoins price.Because you must be holding alot of stocs to manipulate its price.It's possible for rich persons.And big stock holders

uname

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Quote from: Nowl1935 on May 29, 2016, 08:50:09 PM

We can manipulate the price of bitcoin. but we need a lot of money to pump the price of bitcoin. Others try to do it they dont have the righ money to pump btc

yeah to manipulate the price you have to have a lot of capital. probably more than $ 10k. because the volume of bitcoin is currently quite large. you have to make such price. you also have to dare to fight risk

bit1

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Quote from: biggbox on June 11, 2016, 07:50:09 PM

What if the exchange and the big buyers are the same people? There's no market regulations regarding insider tradings in the world of cryptocurrency.

Anything is possible in this highly manipulated market....

Probably almost times yes, But not always, sometimes the price responds to many other market conditions only.

MingLee

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Quote from: Cybertron00 on June 11, 2016, 08:08:27 PM

Well I think we cna manipulate bitcoin price that is if we have many money to manipulate it. For example you have a million dollar, you bought a million dollar worth of bitcoin then dump it, or you bought a million dollar worth of bitcoin then hold it, someone can manipulate btc's price if they have a large sum of usd to manipulate it.

Market manipulation is almost that, but they're referring to normal people in this thread as opposed to what whales have. Normal people like you and me, with maybe $1000 available at most for Bitcoin. It is insinuated that it would be a large coalition that would work together to manipulate the value, formed out of people like you and me. As for that possibility, that's nearly impossible. It has to be seriously coordinated, basically far more than what I could see happen, and there would need to be a lot of capital available. It's basically all impossible.

Cybertron00

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Well I think we cna manipulate bitcoin price that is if we have many money to manipulate it. For example you have a million dollar, you bought a million dollar worth of bitcoin then dump it, or you bought a million dollar worth of bitcoin then hold it, someone can manipulate btc's price if they have a large sum of usd to manipulate it.

biggbox

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What if the exchange and the big buyers are the same people? There's no market regulations regarding insider tradings in the world of cryptocurrency.

Anything is possible in this highly manipulated market....

Nowl1935

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We can manipulate the price of bitcoin. but we need a lot of money to pump the price of bitcoin. Others try to do it they dont have the righ money to pump btc

wintermeasures

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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

I think it's possible, if you have big amount of bitcoin Cheesy

As we know exchanger that we use, always manipulate the price of bitcoin every day with their bots. So if you want to manipulate prices, prepare sufficient funds first. thank you

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Quote from: harizen on May 29, 2016, 02:08:10 AM

Quote from: arwin100 on May 29, 2016, 02:06:30 AM

The reason why bitcoins price is rising now is due to many people are bagging btc now because they want to have btc in their pocket so if halving comes they can join the trend of earners for the said even. But really its good to have btc for now because bitcoin price is rising daily and many people see the oppurtunity by it to earn more since halving is coming, and halving for now is talk by people on this furom some other speculates good and some are speculating bad for this event.

It's not about the halving, it's taking advantage of the price rally.

I believe it's nothing to do with halving. It's just a usual pumping scene so better ride the train.

I believe halving hype has a lot to do with the price increase, and I can feel that it will continue until the halving date. The price will become stable after the halving.

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Quote from: arwin100 on May 29, 2016, 02:06:30 AM

The reason why bitcoins price is rising now is due to many people are bagging btc now because they want to have btc in their pocket so if halving comes they can join the trend of earners for the said even. But really its good to have btc for now because bitcoin price is rising daily and many people see the oppurtunity by it to earn more since halving is coming, and halving for now is talk by people on this furom some other speculates good and some are speculating bad for this event.

It's not about the halving, it's taking advantage of the price rally.

I believe it's nothing to do with halving. It's just a usual pumping scene so better ride the train.

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Quote from: katrimans on May 29, 2016, 12:18:49 AM

Quote from: lexuz on May 22, 2016, 02:06:48 PM

i'm not sure we can manipulate bitcoin price but if we all not try we never now maybe it will work to rise the price before halving comes.

There are lots of reasons to believe that the price may soon go up significantly, and I think it's entirely appropriate for the early bitcoin supporters to be the ones who profit from it. Owning 1 BTC, or even 21 BTC, is not going to change anyone's life anytime soon.

The reason why bitcoins price is rising now is due to many people are bagging btc now because they want to have btc in their pocket so if halving comes they can join the trend of earners for the said even. But really its good to have btc for now because bitcoin price is rising daily and many people see the oppurtunity by it to earn more since halving is coming, and halving for now is talk by people on this furom some other speculates good and some are speculating bad for this event.

katrimans

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Quote from: lexuz on May 22, 2016, 02:06:48 PM

i'm not sure we can manipulate bitcoin price but if we all not try we never now maybe it will work to rise the price before halving comes.

Bitcoin is not controlled by anyone, hence cant be Manipulate.

lexuz

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i'm not sure we can manipulate bitcoin price but if we all not try we never now maybe it will work to rise the price before halving comes.

bitbunnny

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I think that wales and exchangers could influence the price. I'm not sure if this could be called manipulation but the price of Bitcoin isn't formed purley on the market. But that also rises the question if Bitcoin is then fully indenpendent?

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Quote from: bit1 on May 22, 2016, 10:21:16 AM

Only the heavyweight can do that manipulate the price.

if you have a lot of money, I guess it is possible to manipulate the price of bitcoin, well if you have the money you can do a lot of nothing

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