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Topic: Do you know that they managed Bitcoin? (Read 236 times)

jr. member
Activity: 252
Merit: 1
July 25, 2018, 03:36:02 AM
#32
bitcoin is growing despite the manipulation. they just hold back the inevitable, so do not worry about it
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
July 23, 2018, 05:29:06 PM
#31
In cryptocurrency business, all people who joins are having different forms of ideas and techniques on how to get enough income that enter to their own wallet, and some other people are having weak strategies without strong focus and enough knowledge. I think cryptocurrency business is a type of  business that trying to test the ability of all people who joins on this business, and we are here like a competitors on how gain cryptocurrency coin that fits on our ability and knowledge.
hero member
Activity: 3080
Merit: 603
July 23, 2018, 05:19:42 PM
#30
If the first feature of bitcoin is the lack of center, then bitcoin doesn't fit to be called as decentralized crypto.

We've been blaming the whales all of the time but if the market is starting to move positively again there are no good words about them. Are we just loving the scene of green charts for bitcoin and if the market crashes again the blame goes to them?
full member
Activity: 162
Merit: 100
July 23, 2018, 04:33:12 PM
#29
honestly, I guessed about such events, because it is a market and it can be manipulated by some factors)))
full member
Activity: 742
Merit: 144
July 23, 2018, 04:31:17 PM
#28
In the crypto currency market, there will always be individuals or groups of such individuals who will be able to manipulate the price of bitcoins and other crypto currencies through various joint actions. I think that about such manipulation of the price of bitcoin occurred in December last year, when bitcoin very unexpectedly rose in its price to $ 20,000.
Whales maybe have a group so they can communicate easily and decide when to pump and dump the market again. Its true that this is one of the biggest challenge for cryptocurrrency right now and because of this manipulation, people are panickin.
jr. member
Activity: 313
Merit: 1
July 23, 2018, 04:27:30 PM
#27
Monopolazation is always present in the market not only in bitcoin. But since bitcoin was the first valuable digital currency we thought that it was monopolized every it dumps. Bitcoin is volatile anytime it will increase and decrease but the important is it always survived.
hero member
Activity: 938
Merit: 501
July 23, 2018, 04:16:31 PM
#26
Monopolization is a big problem, i agree. The problem of whales and speculation will be resolved spontaneously over time and with the distribution of bitcoins in small pieces between investors.
full member
Activity: 448
Merit: 122
July 23, 2018, 03:19:51 PM
#25
Well whale and speculators are no daught one biggest problem being face by bitcoin most especially when it become threat to the bitcoin market, they always manipulate the market in other to feed they selfish desire but if we the bitcoin community can have sound knowledge of the operations then we will be able to face the whale when they rase they fight against bitcoin and by then bitcoin will not easily be affected by they speculation and spreading of panicking fake stories about bitcoin.
member
Activity: 294
Merit: 10
July 23, 2018, 03:09:30 PM
#24
The first feature of Bitcoin is the lack of a center. It makes this bitcoin special. But do you know that in the world of crypto, people who attract investors to BitCoin, or that cause people to withdraw their investments? To open more, the big whale sometimes pulls us to bitcoin and sometimes it gets away. Another important factor is speculation. If one day these two problems are solved, then the bitcoin will be very strong. Personally, I see these two factors as the biggest obstacle in the growth of bitcoin.
I can say that I am ok with that because I was preparing myself to entering the world in which not everything is depending on me so I need to be flexible in order to react properly and anyway take my money.
sr. member
Activity: 2352
Merit: 245
July 23, 2018, 02:32:23 PM
#23
In the crypto currency market, there will always be individuals or groups of such individuals who will be able to manipulate the price of bitcoins and other crypto currencies through various joint actions. I think that about such manipulation of the price of bitcoin occurred in December last year, when bitcoin very unexpectedly rose in its price to $ 20,000.
jr. member
Activity: 154
Merit: 1
July 23, 2018, 06:23:51 AM
#22
Who manage bitcoin? I believe there is one, Satoshi Nakamoto. And he's the only one who can manage it. Luckily for us, he imposed bitcoin on our part. Thanks for that.
I dont think its only him. he is the creator but he probably has a whole team behind him. and overall i dont think it's quite possible to do all of this by himself.
full member
Activity: 322
Merit: 101
July 23, 2018, 06:15:37 AM
#21
who can managed the bitcoin? we cannot answer it by our self's because no one can see who creat the first bitcoin but many people are asking satoshi nakamoto invent the bitcoinn im agree of that but we need to know that how can they managed because of many transaction and circulation of money everytime people buying bitcoin,eth, etc trade there own money. anyways we don't know the future of bitcoin but we need to support the crypto currency in the world.
newbie
Activity: 29
Merit: 0
July 11, 2018, 09:51:06 PM
#20
This is very reasonable, there are many people want to monopolize this market
member
Activity: 476
Merit: 12
June 28, 2018, 04:50:58 AM
#19
If you know what bitcoins is, it importance and potentials you will not be toss about by the whales, by little gossip and by any form of negative speculation. Bitcoin can have temporary control by event and activities of some big investors by taking large sum of bitcoin to the market. That does not means bitcoin is centralized. In real sense bitcoin cannot be control but the market price can be manipulated.
hero member
Activity: 1190
Merit: 534
June 28, 2018, 04:10:00 AM
#18
Decentralization is not a problem at all, in fact, it is a strength of Bitcoin and other cryptocurrencies out there. Yes, it is true that big whales and institutional investors can influence the market but this thing will get sorted out in the long run when we will have a high level of the user base and mass awareness about dealing with the volatile situation in the market.
newbie
Activity: 14
Merit: 0
June 28, 2018, 02:41:52 AM
#17
Bitcoin has never been anonymous in the beginning. And criminals will be criminals, they will take advantage to steal or exploit someone so blockchain or bitcoin is no difference. Grin Grin Grin Grin Grin Grin Grin

But if you are trying to compare it against fiat. Criminals have been using it as well for illegal activities, so why put the blame on bitcoin itself? I guess authorities should also do their thing here if they really wanted to stop all the criminals in the world Grin Grin Grin
newbie
Activity: 84
Merit: 0
June 27, 2018, 01:50:33 AM
#16
As we move ahead, it becomes less and less effective, As far as problem one is concerned,I know you must be worried about a case like this, but trust me this is all for the benefit of bitcoin users, base on that bitcoin can be managed to enable to increase in volume.
full member
Activity: 532
Merit: 100
June 22, 2018, 11:18:18 AM
#15
Really interesting opinions, even I've been quite long using bitcoin till now I don't even know who has been in charge to manage these beautiful thing, and of course I don't know as well what is the main goals of it.
sr. member
Activity: 2352
Merit: 245
June 22, 2018, 11:00:06 AM
#14
If there are bitcoins, then it is clear that someone can have a lot of them and these people can collude with each other and act together to manipulate the market. It's unavoidable. So it was and so it will always happen. Therefore, there is nothing to be surprised. However, to get profit, whales need to move in the market. Therefore, the market should vseravno soon rise.
full member
Activity: 414
Merit: 100
June 22, 2018, 10:30:25 AM
#13
i only see one problem in your comment and that is "manipulation" and that is not a big problem when it comes to "bitcoin growth" that you are so concerned about.
manipulation is a part and parcel of any market and it happens all the time. the difference is that bitcoin is still small so it is more effective here. but it is a lot bigger compared to previous years and as we move ahead and have increased adoption it becomes less and less effective. and people aren't going to give up getting involved with bitcoin just because in short term there is some manipulation!

Previously been discussed about price manipulation or monopolize prices. I remembered the words of my friend, that sometimes price manipulation is indispensable to withstand unexpected movements.
for example like this, if someone has a lot of bitcoin and he will sell it then the price will fall very deep, because there is price manipulation that can withstand the price decline, and vice versa.
I know you must be worried about a case like this, but trust me this is all for the benefit of bitcoin users.
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