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Topic: Can we Manipulate Bitcoin price? - page 9. (Read 73493 times)

newbie
Activity: 74
Merit: 0
March 05, 2018, 09:40:28 PM
If some of the members of this forum are billionaires then maybe we can register a blip
sr. member
Activity: 364
Merit: 256
March 05, 2018, 09:21:18 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

It might get possible if we build a unity in this forum. But for me I think it is impossible to happen, first of all, we don't know each other in this forum. Second, maybe some people here just earning enough bitcoin. and lastly, we cannot manipulate it because of too many users. We can control them on what they want to do with their bitcoins.
member
Activity: 294
Merit: 34
March 05, 2018, 08:24:01 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

Yes, I believe so. If you can buy almost all of the bitcoins then maybe you can increase the price and sell it a bit lower if the  price goes very high. But for these to be done you need to buy almost all of the bitcoins. I think this isn't a good way to do and besides this is cheating. I don't think they could also benefit that much from doing so. Yet who knows somebody would do this.
full member
Activity: 350
Merit: 107
March 05, 2018, 07:55:17 PM
Well maybe, it's possible to manipulate the price of bitcoin but not for regular people. Maybe for those very rich people that can buy many bitcoin that can cause its prices to go up or sell and dump them all causing a crash again if they will sell their bitcoins suddenly when the value will be in a higher price.
jr. member
Activity: 224
Merit: 2
March 05, 2018, 07:49:56 PM
Yah.it is possible that they can manipulate the price of bitcoin.
But i think only the board of this industry have the power to do that.
sr. member
Activity: 668
Merit: 255
March 05, 2018, 07:23:22 PM
I think it possible, but of one person even if he will have big money, it's totally possible. I'm more than sure, that there somewhere group of people, who doing that monthly. As myself, I see everyday like exchanger's bots do that.
4U
member
Activity: 195
Merit: 10
March 05, 2018, 06:50:51 PM
You should have quite a lot of money to somehow influence the fate of such a significant cryptocurrency. So it is better advantageous to adapt the course, than trying to it as to influence.
Yeah it requires lot of money but it is better for you in all respects such as the manipulation of bitcoin depends how you get through bitcoin and how you go with bitcoin if you have the skills it is not any tough to be good at bitcoin, bitcoin is proposed the crypto currency as bitcoin offers payment system and the traditional currency, bitcoin has been a subject of security since long. Bitcoin is not impossible to influence but it needs skills and the capital to invest.
full member
Activity: 146
Merit: 100
March 05, 2018, 05:00:06 PM
At my opinion we can easily manipulate bitcoin price. Price is high while people ready to buy bitcoin with this price but if we stop buying price will start decreeasing.
The price will not really decrease if we stop buying. In fact, it will likely become stable and will only decrease if people start selling their bitcoin. Sometimes I think if it is good that the price will become stable but volatility is bitcoin. Many people get interested to it because of the price and also because there is room for growth. We can never manipulate the price because we cannot control other people's decision of when to sell or buy. We can only gain profit or not gain depending on the changes of market volatility.
member
Activity: 328
Merit: 10
March 05, 2018, 03:23:08 PM
There are many ways to get btc but if you want to quickly get better btc you play in tranding and minning aja but if you do not understand about those two you can follow Bounty There is in this bitcointalk forum, albeit a bit longer to get btc because most Bounty does pay through ETH
sr. member
Activity: 524
Merit: 250
March 05, 2018, 02:24:43 PM
At my opinion we can easily manipulate bitcoin price. Price is high while people ready to buy bitcoin with this price but if we stop buying price will start decreeasing.
I think it's not that easy, with a marketcap that has passed $ 200 billion it's hard to pump or dump the price, I'm sure that the current price is pure, if you do not believe you have $ 1 billion then buy and sell bitcoin, too impactful.
full member
Activity: 228
Merit: 100
March 05, 2018, 02:12:30 PM
No the market are getting big so I thin hard for us to manipulated the price. I'm sure when you try to dump the price then other people would take that's opurtinity to buy Bitcoin at cheap price.
sr. member
Activity: 812
Merit: 260
March 05, 2018, 01:53:50 PM
Yes, I believe it is possible to manipulate the price of bitcoin on the crypto-currencies trading market, but in order to be able to manipulate the price of bitcoin, huge amount of funds are needed to execute the pump and dump strategy within a short time frame.
For me, we cannot do it. But we can do something to convince or to encourage many investors to invest in bitcoin so that the demand of bitcoin will rise up and because of that the price will also rise up accordingly. We can promote using this forum and any other sector like social media.
Of course we can manipulate the price but before we can do manipulation do we have a thousand or million bitcoins? or if we do have a group of friends who does bitcoin as well. Those big whales can do that actually but it is not a good idea at all since people will do panic when the price goes down.
sr. member
Activity: 1112
Merit: 256
March 05, 2018, 01:50:05 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
If we just eliminate everyone who makes bitcoin price fall down and start just holding it and never sell bitcoin price will go just up and be more stable imo.
newbie
Activity: 160
Merit: 0
March 05, 2018, 01:48:52 PM
Honestly possible. Bitcointalk users is more than one million or let us assume that we are around 100million users. If there are more of use that hold big amounts of bitcoin then it can be clearer that we can. Small amount can be huge amount if everybody will cooperate. To manipulate bitcoin price is the activity of those who own a large amount of bitcoin to their address. If we do such things even I don't have bitcoin we can as long as their is unity. Ofcourse risky because the victims of manipulation will be ourselves not others.
sr. member
Activity: 378
Merit: 251
March 05, 2018, 01:31:35 PM
At my opinion we can easily manipulate bitcoin price. Price is high while people ready to buy bitcoin with this price but if we stop buying price will start decreeasing.
full member
Activity: 424
Merit: 108
March 05, 2018, 12:07:40 PM
Yes, I believe it is possible to manipulate the price of bitcoin on the crypto-currencies trading market, but in order to be able to manipulate the price of bitcoin, huge amount of funds are needed to execute the pump and dump strategy within a short time frame.
For me, we cannot do it. But we can do something to convince or to encourage many investors to invest in bitcoin so that the demand of bitcoin will rise up and because of that the price will also rise up accordingly. We can promote using this forum and any other sector like social media.
staff
Activity: 3136
Merit: 570
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March 05, 2018, 12:04:01 PM
Yes, I believe it is possible to manipulate the price of bitcoin on the crypto-currencies trading market, but in order to be able to manipulate the price of bitcoin, huge amount of funds are needed to execute the pump and dump strategy within a short time frame.
full member
Activity: 510
Merit: 102
March 05, 2018, 10:58:06 AM
Yes,  some of the big players may actually manipulate the price by just using their influence to inject the FUD into the mind of the people that will reflect to the movements of the price. But for me,  I think it is better this way that the price fluctuates because it will always give an opportunity to earn more.
Well, maybe it needs super investor to manipulate the bitcoin market, but i can't think on how they will do because in every aspects the law of supply and demand matters. Buying a tonnage of bitcoin will make its value rising and if they abruptly sell of what they have bought then surely the price will drop but still they cannot make bitcoin die as days goes by its value will slowly climb up again because people around the world buy bitcoin because its price is already affordable then the vice versa process will take place and that is the cycle of being volatile.
newbie
Activity: 49
Merit: 0
March 05, 2018, 10:38:11 AM
You should have quite a lot of money to somehow influence the fate of such a significant cryptocurrency. So it is better advantageous to adapt the course, than trying to it as to influence.
hero member
Activity: 700
Merit: 553
March 05, 2018, 09:06:51 AM
No isnt soo easy as looks like, there are several coins circulating if those big guys came into bitcoin they may clean the current coins, but they cant control bitcoin because people might bring the coins that were at savings, be sure no one can make such and to make such it will cost millions, no one will spend millions for nothing.
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