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Topic: Easy to bring down BTC price? (Read 906 times)

sr. member
Activity: 826
Merit: 265
October 17, 2018, 11:29:42 PM
Before doing this,couple of whales must have one stand to go together in that specific coin like bitcoin,we have same point of view how the big holders of bitcoin making the price grow or high in their own ways.how mny times we have seen this kind of happenings because sometimes price of bitcoin will pump hugely but all of a sudden in just a few hours goes down again drastically,even i have no proof of this accusations but this is happening mostly
sr. member
Activity: 756
Merit: 252
October 17, 2018, 10:19:38 PM
Bitcoin is currently have the biggest market cap between all crypto, i think only whales possible to manipulate the price. Many early adopter of Bitcoin bought alot of  BTC with very cheap  in 2010, and some of them holding about 1% of total supply so will be more easy for them to manipulate the price. 
It seems there is an impression that many early adopters are still holding their coins and that is simply not true, many early adopters sold their coins immediately or they used them to buy stuff back in the day, only the most fervent believers in bitcoin held their coins believing that something like this could happen anytime soon, so even if people do not like their influence they deserve it.
sr. member
Activity: 1176
Merit: 252
October 15, 2018, 12:38:37 PM
In my opinion it can happen in the market can be very high and even lower. But it's almost easy to say the price is almost stable. It would be better if there were rules that would minimize manipulation acting on the market and also limit any trade to succeed.
simple to think about it. when you have lots of bitcoin, you sell it at a low price, and of course that can make the price of bitcoin go down. well, because it's a very good thing for bitcoin, sometimes when people make the price of bitcoin go down, others will see it as an opportunity. so, I think it will be real difficult, especially if you are alone.
full member
Activity: 420
Merit: 102
October 15, 2018, 10:39:15 AM
#99
BTC is not easy to lower the price, now BTC is rising slightly and is the most potential coin on the market, maybe in a short time the price of BTC will go to moon
Why will you say it is not easy to lower the price, when certainly a lot of whales are in the market and as long as you will get to see a lot of people who have huge funds coming together in a speculative market, price manipulation is something that can easily be got ?

Notwithstanding, it is part of every market as we will certainly see those with larger positions in a market making their own decisions based on market response and perception, and they simply are the ones we classified to as market makers, so they simply do exactly what they are called.

Indeed the price of bitcoin is too easy to have a decrease, I think so. Because as we all know that its fluctuation is really volatile within 24 hours, especially with the dump. Honestly the manipulation of the whales, plus FOMO that bring market down quickly. Even when the market has a slight decrease, maybe owning to the lack of knowledge which lead most people draw their mind in panic selling, well this is one of the worst thinking when market is on bad fluctuation. I suppose most people should learn how to manage in the crutch time in order that they will not participate on Dumping.
jr. member
Activity: 322
Merit: 2
October 10, 2018, 06:56:48 AM
#98
In my opinion it can happen in the market can be very high and even lower. But it's almost easy to say the price is almost stable. It would be better if there were rules that would minimize manipulation acting on the market and also limit any trade to succeed.
member
Activity: 462
Merit: 11
October 10, 2018, 04:39:01 AM
#97
Bitcoin is currently have the biggest market cap between all crypto, i think only whales possible to manipulate the price. Many early adopter of Bitcoin bought alot of  BTC with very cheap  in 2010, and some of them holding about 1% of total supply so will be more easy for them to manipulate the price. 
newbie
Activity: 116
Merit: 0
October 10, 2018, 02:51:23 AM
#96
In my opinion, I think the big investors manipulated the price of the bitcoin. But it depends on the market if the price will down or rise again.
sr. member
Activity: 756
Merit: 252
October 09, 2018, 11:02:32 PM
#95
It's easy to bring down if you hold so much bitcoin that could drag the price down , and cause panic sell from weak hands. That's the problem of btc it can easily be influenced by fud and speculations. whales always win when they want to dump

The whales are very smart they understand very well that if they try to manipulate the market as much as you suggest they are going to be the ones that lose money because they are the ones holding huge amounts of bitcoin, so the manipulation of bitcoin and its price is a lot more subtle than what many people think, I really think that the whales instead of trying to manipulate the supply of bitcoin they could try to manipulate the news to make the price go up or down according to their wishes.
copper member
Activity: 21
Merit: 0
September 30, 2018, 03:50:34 AM
#94
can't say that bro. too hard to bring up price . but at this time i think bitcoin can't go down anymore
member
Activity: 658
Merit: 10
September 29, 2018, 11:55:20 PM
#93
I dont think it's easy to reduce or increase Bitcoin prices. Because it all takes great preparation and combination from many people to achieve the goal of pumping the price. I have been working in such a group and it is a very troublesome thing.
sr. member
Activity: 1624
Merit: 267
September 29, 2018, 11:48:55 PM
#92
If bitcoin price easy to down the price also is easy to increase the value of the bitcoin. The number 1 reason why the price decreased because of the panic seller but if many people will buy more bitcoin the price increase fastly. I hope the price will not decrease again.
full member
Activity: 826
Merit: 100
September 28, 2018, 11:47:17 PM
#91
Bitcoin can not be brought down easily unless of course if there is calculated and deliberate FUD attack in terms of speculations in the market price of bitcoin.  Bitcoin is definitely outside of any control of group of people or a single person!
i think FUD happens mostly because there is negative news. with a large market capitalization of whales it is certainly more difficult to drive. but with their funds as if they were lured and news became their big capital
full member
Activity: 616
Merit: 118
September 28, 2018, 11:15:12 PM
#90
The price of bitcoin, this is of little interest. Most importantly, this is his function, which he can perform. I agree that volatility does not do him positive merit. Bitcoin is a system outside of any system. Speculation is a by-product, fully controlled by exchanges.


that's right, high fluctuations make big negative thoughts for investors because they think it's caused by manipulation, but they don't look at the features that are in bitcoin, even though bitcoin was created for its features, not the price
full member
Activity: 630
Merit: 100
September 28, 2018, 10:21:05 PM
#89
Bitcoin can not be brought down easily unless of course if there is calculated and deliberate FUD attack in terms of speculations in the market price of bitcoin.  Bitcoin is definitely outside of any control of group of people or a single person!
sr. member
Activity: 756
Merit: 252
September 28, 2018, 10:09:55 PM
#88
You are simply talking about price manipulation by the whales which is something that by now, should not be anything new to anyone.

It has been said times without number that as long as this market is more prone to speculation than real demand based on real life usage, manipulation will always be a regular thing. You said it yourself, this is a decentralized, non regulated market, so what else would you expect?

The same set of people who drive it down which we call the bears and every other investor and trader follow put, are the same set of people who are buying and bringing about bullish sentiments with a rinse and repeat process.
While the manipulation of the whales is real, the manipulation is not as great as many people imagine, bitcoin is a very big market already, very few people around the world have the money needed to manipulate the price as much as people think that whales do, so it is better to try to find ways to become a better investor or trader than to try to put the blame on the whales.
full member
Activity: 378
Merit: 101
September 28, 2018, 01:42:19 PM
#87
Crypto has been regulated to other parts of the world but that is right still some countries banned the use of crypto, easy to bring down prices? that will depend on the current situation and news that envelopes the crypto community, it not always dumping and decreases the prices are coaster for now but we may possibly see some improvements over to its price.
full member
Activity: 314
Merit: 100
September 28, 2018, 11:42:28 AM
#86
Monetary and sensitive information also contributed to the fall in Bitcoin prices. But we have to look at Bitcoin prices quickly and easily. To show that it is very attractive to the community next to it. The rule of reversing is also faster.
sr. member
Activity: 840
Merit: 268
September 28, 2018, 09:58:10 AM
#85
It's not. It is a combination of many FUDS and everything. That's what happened earlier this year. So, it might happened again. With a lot of fuds it will take the btc price down.
member
Activity: 560
Merit: 10
September 28, 2018, 09:46:21 AM
#84
I think big investors can only answer this questions.Because of them they can bring bitcoin into a cheap price again if they want to dump their tokens and sell it once.But its impossible because so many people buying bitcoin now.
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
September 28, 2018, 03:17:03 AM
#83
it's not that much easy to bring down BTC. This requires millions of $ to bring down the market buy selling btc at lower price is the only why to bring down or simple not to buy. If we put fear of loss inside the mind of crypto users it also make fall of bitcoin market. Game is not over here, hacking may have very adverse effect on bitcoin. Many investors lost their bitcoin due to hacking so if hacking will not stopped btc will be at risk. Now America is going hard on bitcoin due to some reasons which is why btc stuck at $6500. Don't know about SEC what exactly they want from bitcoin.
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