Fed. Reserve manipulating Bitcoin price? - page 2.

N1no

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BTC collector

Quote from: franky1 on September 11, 2014, 02:28:39 PM

why are people so upset about price movements.. what your mindset should be is this..

price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later

if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner

then you are in the wrong game and should try another hobby

Great post! I love it Grin

franky1

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why are people so upset about price movements.. what your mindset should be is this..

price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later

if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner

then you are in the wrong game and should try another hobby

QuestionAuthority

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Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Or Coinbase and BitPay (the whales) are slowly selling coins they have accepted from merchants to avoid losing any/much money on the conversion to fiat creating the perceived stability in the market. Minor dips could be caused by individuals selling at the same time. Could be government controlled aliens from Alpha Centauri too, what do I know.

N1no

member

Activity: 114

Merit: 10

BTC collector

I think it might have to do with the possibility to short BTC. You can trade BTC on plus500 with CFD's. Many professional traders trade panics in BTC price because when BTC goes down, it goes down quick!

ps. this is not bad, this should make the price more stable in the long run.

Beliathon

hero member

Activity: 784

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https://youtu.be/PZm8TTLR2NU

If they're doing this they are fools. It is merely delaying the inevitable at great personal cost. Not a rational act.

Ron~Popeil

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I think it is a bit premature to assume the price is being manipulated by any government outside of SE Asia. Even with manipulation free markets tend to sort themselves out over time.

spazzdla

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Quote from: Blinken on September 11, 2014, 12:14:02 PM

Yes, or even more insidiously somebody who owned an exchange could squirrel away bitcoins for years while only paying out on withdrawals, before suddenly closing the exchange and filing for bankruptcy while simultaneously selling all the bitcoins they had hoarded away for cash. That would crash the market as well.

^ I hear it's worked before

spazzdla

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Quote from: moriartybitcoin on September 11, 2014, 12:02:05 PM

With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...

The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...

Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...

This is a risky move.. if your sell fails to drive the price down you just released a bunch of coins onto the market for way under their value.

Sure they could have a hording of 100k coins insta drop the price to sub $200 but.. buyers would come out of the wood work.. I have a feeling the price would recover in a week and they'd be upset.

They need people to accept a paper promise for bitcoin so they can start selling way more than they have. We need this never to happen.

Blinken

sr. member

Activity: 338

Merit: 253

Yes, or even more insidiously somebody who owned an exchange could squirrel away bitcoins for years while only paying out on withdrawals, before suddenly closing the exchange and filing for bankruptcy while simultaneously selling all the bitcoins they had hoarded away for cash. That would crash the market as well.

moriartybitcoin

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★777Coin.com★ Fun BTC Casino!

With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...

The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...

Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...

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