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Topic: Easy to bring down BTC price? - page 3. (Read 942 times)

copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 22, 2018, 08:47:07 AM
#62
If you have unlimited supplies of money to burn in cryptocurrency then it definitely are easy for them to dump the price specially if those manipulators are divided in to uncountable groups that will spread on all the exchanges. That is the true nature of trading. If you have all the wealth, the game will play on your hands and the winner will always be you. It would be nice if there is a concrete regulation that will minimize those manipulative acts in the market and also putting a limit on each trades might work.
This is a free market. Regulations will only cause trouble and will end up creating centralization. How long do you think the whales will keep on manipulating the price? Like you stated you will need "unlimited" supplies of money to bring significant change and whales can never have unlimited supplies of money since bitcoin itself has limited cap.
But, still regulation is not the answer to counter price manipulation. The stock market is regulated, but manipulation still takes place. We just need to find better solution.
member
Activity: 434
Merit: 11
September 22, 2018, 06:54:54 AM
#61
If you have unlimited supplies of money to burn in cryptocurrency then it definitely are easy for them to dump the price specially if those manipulators are divided in to uncountable groups that will spread on all the exchanges. That is the true nature of trading. If you have all the wealth, the game will play on your hands and the winner will always be you. It would be nice if there is a concrete regulation that will minimize those manipulative acts in the market and also putting a limit on each trades might work.
jr. member
Activity: 93
Merit: 5
September 22, 2018, 06:41:06 AM
#60
Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad

Actually, it can be difficult to know at any time the company, financial wealth, work together to buy and sell bitcoin (lower), the Current capitalization of BTC in particular and the electronic money market in general is still too small compared to other industries such as stock, forex, so susceptible to manipulation especially with respect to the company financial wealth. So now we are playing the game. Play their game due to their manipulation of the market.
Bringing down the price of bitcoin is easy but raising the price is difficult and the problem is this that investors want higher price of bitcoin so that would be able to make some money. Existing investors do not want lower price of bitcoin because they will lose their money. On the other hand I don’t think that big finance companies will work together for bitcoin.
hero member
Activity: 966
Merit: 517
September 22, 2018, 04:47:53 AM
#59
for someone like me it is very difficult to do, but not for big investors who have a lot of business networks, they can work together to drop the value of btc by making low transactions, so slowly the value of btc will surely fall, then they will buy more many of all people to create profits
Apparently, bringing down a boat is not something meant for small fishes and rather it is meant for big whales. There is so little anyone with a very tiny amount can do when it comes to bringing down the price of cryptocurrency.

The only thing you can do is to just be a participant in the movement of the market and trade based on some analysis and strategies you have, and asides that, you can do nothing. For a big whale however, bringing down the price as a result of the low trading volume can affect the price pretty fast.
legendary
Activity: 1512
Merit: 1041
September 21, 2018, 10:29:18 AM
#58
Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad

Manipulated bitcoin price is not easy, even they have big money and news sources to give impact into market users what you think is not right. If someone can do that I believe crypto is like stock, just need one call to create new price on broker market. Keep positive with bitcoin and just follow it, we will never become leader into financial instrument. Think again please.
Apparently, crypto is like stocks, and just a more digital version of it, since it is a global thing in this scenario. Manipulations are always going to be there and it is nothing new since it is a speculative market and how ever the big whales want it, is how they are really going to drive it. It is all about trading emotions on the chart for them.

However, this is just a way for them to gain huge position in the long run at the losses of the gullible ones, it is only left for each individual to make the decision on whether they want to be gullible or not.
jr. member
Activity: 56
Merit: 1
September 20, 2018, 12:18:44 PM
#57
Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad

Like most things in the world, everything becomes alot easier when you've enough capital to pave the way. Bringing Bitcoins price down is no problem for whales holding multiple hundred millions worth of Bitcoins in their wallets. That's why people tend to follow their wallets activity and even have bots to give warning when there's movement happening between the wallet and exchanges.

Liquidity solves this problem quite handily, it's alot easier to manipulate low liquidity markets where the orderbooks are extremely thin compared to traditional markets.
full member
Activity: 504
Merit: 101
September 20, 2018, 12:06:52 PM
#56
I think the price of bitcoin cannot be separated from the demand and supply every time so that the current bad conditions must be made as a challenge to patience for traders to keep maximizing the opportunity obtain a profit.
hero member
Activity: 1022
Merit: 500
September 18, 2018, 06:22:02 PM
#55
One of the properties of BTC is its volatility. This makes BTC a high risk and high profit investment. The down market may be associated with panic selling or manipulation. Really hard to predict to price.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
September 18, 2018, 05:40:50 PM
#54
It can be brought down through complicated and subtle means...you won't even realize it until you pay close attention. I believe this is easier on centralized exchanges.

Developers could effectively avoid market manipulation by avoiding/restricting the listing of their coins on all of such public exchanges and possibly create their own mini exchanges where their coins can be traded. But this may not be a good idea for Cryptocurrency due to its important values of decentralization and permissionless. Maybe used as a temporal measure until normalcy is restored?
member
Activity: 512
Merit: 10
September 18, 2018, 05:27:29 PM
#53
The crypto lives it`s early stages and the market is still young, small and can be manipulated easily by whales. We can not do anything against it, just ride the crypto waves and make some profit out of it. Volatility is not a bad thing if we can use it to  our advantage.
sr. member
Activity: 826
Merit: 263
September 18, 2018, 04:26:35 PM
#52
Have you ever thought that this is caused by whales or certain societies? When they want to take over Bitcoin at a lower price, they will first let the price of Bitcoin fall!
Already we are experience in previous dump so Mt.gox is sell number of coins in single shot so total market was down in that time. But current scenario no need to depends on the prices because we are all stay in a dip.
 I think future raise and fall are depends on our own risk and I hope market will never bring down strongly so we should move forward in future so we never worried about Bitcoin.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 18, 2018, 12:41:18 PM
#51
Have you ever thought that this is caused by whales or certain societies? When they want to take over Bitcoin at a lower price, they will first let the price of Bitcoin fall!
i think for now a lot of people already know about that. Not like in past when a lot of people panic when price up or down very fast. Now we traders will follow what whales want and not let them to only profit alone.

Yeah but still, i don't think whales are making any major moves yet but if anyone can affect the market that much it's them. They don't actually need any of us to manipulate the market and start either panic selling or fomo.i
hero member
Activity: 1932
Merit: 504
September 18, 2018, 11:01:40 AM
#50
Have you ever thought that this is caused by whales or certain societies? When they want to take over Bitcoin at a lower price, they will first let the price of Bitcoin fall!
i think for now a lot of people already know about that. Not like in past when a lot of people panic when price up or down very fast. Now we traders will follow what whales want and not let them to only profit alone.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
September 18, 2018, 10:04:45 AM
#49
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
No doubt that btc was the most potentials cryptocurrency in the market that's does mean it can't be easily manipulated since it decentralized and like the OP said there are 10000btc shorts trading on exchange site acouple of weeks and a single whales can does that.
jr. member
Activity: 275
Merit: 1
https://customcontract.network
September 18, 2018, 04:59:46 AM
#48
when whales make excessive price adjustments I as a small trader simply hold a coin because the market will recover and the price will improve again, that's when I will sell. the easy analogy is when they try to press the market until the price falls the goal is to create panic sell which eventually they will buy more, after they feel full then the next wave of pump on the market will happen, there I will go with the flow to sell
Ctn
sr. member
Activity: 644
Merit: 259
September 18, 2018, 04:44:50 AM
#47
Well it is hard to say anything about the wealthy financial companies because the question is why would they invest into the crypto currency if their business is already running perfectly in the current financial sphere. They are big and they dont need the crypto currencies for growing their businesses to the next level. Also, note that though they enter the crypto currency market then I hardly think that they will be making any noise with the crypto pumps and dumps. Lets digest that they might be holding up he amount of crypto and thus even 1% rise and fall can make bigger changes in their crypto assets. So its always better to think positively about such organisation as they are also contributors of the crypto.
full member
Activity: 559
Merit: 100
September 18, 2018, 04:36:34 AM
#46
Have you ever thought that this is caused by whales or certain societies? When they want to take over Bitcoin at a lower price, they will first let the price of Bitcoin fall!
Yes, important is the financial power of the whales, they have the power to manipulate the market. If they hold 1 million Bitcoins, they can make the market crazy for long periods, so easy to bring down BTC price.
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
September 18, 2018, 04:29:18 AM
#45
Have you ever thought that this is caused by whales or certain societies? When they want to take over Bitcoin at a lower price, they will first let the price of Bitcoin fall!
jr. member
Activity: 280
Merit: 1
September 18, 2018, 02:04:40 AM
#44
It will depends on rich trader's and investor's if they gonna dumped their bitcoin so it will possible that bitcions price will go down.
hero member
Activity: 1302
Merit: 540
September 17, 2018, 11:34:09 PM
#43
Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad

Manipulated bitcoin price is not easy, even they have big money and news sources to give impact into market users what you think is not right. If someone can do that I believe crypto is like stock, just need one call to create new price on broker market. Keep positive with bitcoin and just follow it, we will never become leader into financial instrument. Think again please.
A game of trust and better understanding, if you will believe that it can be fully manipulated then better for you to understand how they will work with it, bitcoin indeed an asset for several personalities and big holders, indeed that they can make such an impact if they start to work along with their big investment, just be wiser enough and understand the drill so you won't ends up nothing from this industry.
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