Topic: Do You Believe that there is a crypto cartel suppressing the price of BTC? - page 2. (Read 508 times)
November 09, 2018, 07:02:58 AM
Yes and it's possible it could happen because there are lot of potential manipulation by some well rich people who could do that and i think it's really happening. Volatility is not the only reason bitcoin may changes all the time and other reason is the suppressing of price of bitcoin to benefit others such whales to have more profit that everyone else because they can dictate what would price would be.
November 09, 2018, 06:45:44 AM
there has been manipulation for sure and there will always be manipulation and what you can call "cartel" in every market that will continue trying to change the market in their own favor but you can never say they are controlling the price enough to be suppressing it. bitcoin may be small but it is big enough to be able to resist these things.
November 09, 2018, 06:18:15 AM
It could be manipulated downwards by a smart crypto whale who wants to attract big game players. These institutional investors do not want to join at the top so they will want a lower price point, hence whales pushing down the price to bring them in
It is possible that those with large quantities of bitcoin can come together and manipulate the market. Blockchain technology is fully decentralised but it seems most people blame the whales for the rise and fall in the price of bitcoin almost every week since they hodl huge quantities of bitcoin. September 26, 2018, 05:49:20 PM
Please keep hearing,if you have the proof that a cartel is actually regulating the price of bitcoin,I can believe you,with video and voice recorded..
For real? Video and Voice record? That's funny...
Well, cartels definitely exist and they are called the Crypto whales....those who hold any amount of crypto currency in any large volume are definitely capable of manipulating the price to suit their aims and agenda....
The astronomical rise of btc to about 20000$ and then an almost immediate crash to 6000$ definitely had the imprints of whales all over it.... And that's your cartel right there!!!
September 26, 2018, 04:45:33 PM
Please keep hearing,if you have the proof that a cartel is actually regulating the price of bitcoin,I can believe you,with video and voice recorded..
September 26, 2018, 11:50:17 AM
I've heard that there are people wanted to suppress the price of bitcoin up to 95% from it's all time high.
you have heard and have not shown evidence, we should not make that kind of comment without proof because this can generate fear in people who want to buy bitcoin or who are holding bitcoin. If you have some evidence then post to this thread, but if you have no evidence then in the future avoid posting this type of topic
The article also said that they also suppressed the price of gold and silver.
Proof?
What do you think about this?
I did not see proof, so I will avoid commenting.
If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market
1, 000 dollars is quite real? You're kidding, right?
September 26, 2018, 11:01:51 AM
Well, it could be possible that there are group of people who are controlling the market. Despite all that, we should be sticking to our strategy and pick up the pieces and traces they are leaving behind. Think like the whales and anticipate their moves so that we can win against the market. Do not be too greedy of your profit and if ever you needed the funds, there's nothing wrong in selling.
September 26, 2018, 10:50:44 AM
It could be manipulated downwards by a smart crypto whale who wants to attract big game players. These institutional investors do not want to join at the top so they will want a lower price point, hence whales pushing down the price to bring them in
September 26, 2018, 10:49:56 AM
I think that's quite possible.
If earlier the price of bitcoin was 20, 000 dollars.
If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market
Firstly, it doesn't seem realistic even if we take into account bearish general trend. No matter what kind of news appeared and how panic sellers were acting, bitcoin's price hasn't fallen below $5900 since the ATH. I think that approximately $6k is a price the vast majority is willing to pay for bitcoin. People are not selling it at lower prices regardless to global FUD, and this price cannot be ruined, unless something really terrible, like World war 3 or quantum computer solving cryptography puzzles instantly. Now to the second point. Believing that there is global conspiracy in any field is just trying to find who to blame for all the things you did wrong in your life. Everything is up to each one of us and no secret group can have global impact on major things.If earlier the price of bitcoin was 20, 000 dollars.
If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market
September 26, 2018, 10:29:54 AM
No, not really but you should start polling.
We should call that the paranoia index.
Sure the banking cartel is mostly against us but they are impotent and unimportant. The price is dictated mostly by exchanges between individuals.
The banks and governments can try to use the media and the justice system against us but they can't block progress.
We should call that the paranoia index.
Sure the banking cartel is mostly against us but they are impotent and unimportant. The price is dictated mostly by exchanges between individuals.
The banks and governments can try to use the media and the justice system against us but they can't block progress.
September 26, 2018, 10:28:51 AM
In my opinion, I don't think there is a cartel of coins that are suppressing the price of bitcoin. Bitcoin would always remain the amazing cryptocurrency that we know of, I believe the drops in prices are always caused by negative news in the media that scares people off and eventually they engage in panic selling.
September 26, 2018, 10:26:51 AM
I've heard that there are people wanted to suppress the price of bitcoin up to 95% from it's all time high. The article also said that they also suppressed the price of gold and silver. Maybe we are experiencing it right now. What do you think about this?
Do you have a link to said article? I don't think that using cartel is the right word to describe this situation, Yes I agree that there are some companies manipulating the price, But a cartel is not that strong to have any significant influence on the price. September 26, 2018, 09:40:34 AM
in my opinion cartel do not exist. there are only a large holders биткoинoв, the so-called whales. they affect the price of his massiveness
September 26, 2018, 09:01:12 AM
There might be a manipulation but a crypto cartel? I doubt it. If you are in for a quite some time now you will hear people talking about price manipulations. But I personally believed that no whales is collaborating with each other to bring the price down deliberately.
September 26, 2018, 08:56:53 AM
this can be an effect, I think btc can be influenced by big money, maybe cartels or big investors with networks and connections in cryptocurrency can have a huge effect. so I think anyone who has big money can affect the price of any BTC.
September 26, 2018, 08:53:30 AM
my opinion there might be a cartel that holds a large BTC coin so that they can affect the price of the coin.
September 26, 2018, 08:48:15 AM
if there is huge money, no matter what kind of investment is, there are big bosses who control the money.
September 26, 2018, 08:20:46 AM
Sounds possible and the cartel might be the whales which has been manipulating the crypto market for almost 3 quarters now. But basing on last year's bitcoin alts performance it can be disputed because cryptos soar during 4th quarter. It can also be concluded that the dips are caused by the negative issues thrown at cryptos.
September 26, 2018, 08:06:21 AM
If you look at it objectively, you can see what is really being manipulated by the market, and most likely these are people who are engaged in bitcoin mining.
September 17, 2018, 09:40:00 AM
There might be the possibility of a cartel behind it. Because the price of BTC has been in a dip for quite a long time, which seems unusual.
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