Do you have any proof though? I know an article came up about Mt. Gox being able to manipulate the market, but it handled around 85% of Bitcoin transactions at its peak. None of the current exchanges even come close to that.
I'm not saying that this doesn't happen, just that there hasn't been any proof that it has. I'm fairly sure it's going to be a lot harder for them than Mt. Gox, not to mention that with the current prices, it's going to be quite a gamble.
Topic: How is BTC different than STOCKS if it is so manipulative?? - page 2. (Read 315 times)
If bitcoin price can be manipulated so easy by the whales,why bitcoin futures trading has been approved by the Chicago Exchange?I think that the recent price crash was because of lots of FUD that trigered panic selling across the small traders.The big whales have nothing to do with this.By the way,stock price manipulation is illegal and you shouldn`t compare it with crypto price manipulation.
no difference but blockchain matters. if the technology works well with transparency then it should be better than the centralized market. although a lot of us can almost say btc is manipulated, the price will always go up in the end. you can either sell your btc for good or you can go along and profit when price once again reach its ATH.
Indeed, I also think that most of the BTC now concentrated in the hands of a few people, so the price of the currency could suffer some of the so-called banker manipulation, so for encryption of money market is not a good thing.
whales groups are really paying for bitcoin price manipulation as it really is the most violent strategy but we can not do it because it is trading strategy. All we can do is catch up with the flow of the market today.
Pump amd dump is opportunity.
Raised the price is opportunity.
Bloody market is opportunity also.
Pump amd dump is opportunity.
Raised the price is opportunity.
Bloody market is opportunity also.
If bitcoin price can be manipulated so easy by the whales,why bitcoin futures trading has been approved by the Chicago Exchange?I think that the recent price crash was because of lots of FUD that trigered panic selling across the small traders.The big whales have nothing to do with this.By the way,stock price manipulation is illegal and you shouldn`t compare it with crypto price manipulation.
Right now you are right on what you are saying, and as a trading asset I would say bitcoin is even easier to be manipulated than some stocks because it has less liquidity. The thing is, bitcoin is not suppose to be just a trading asset. It's supposed to be a currency and a way of payments. How will only see this volatility decrease when we get main adoption. Even these whales, with all of their money, can't compete with a worlds economy. So if people are using it to buy and sell stuff, there will be huge liquidity in the market, and it won't be possible to use these "market tricks".
When will this happen? I would say that we need the LN first of course, and that is happening soon I hope.
Check this thread with some new related to LN
https://bitcointalksearch.org/topic/m.28470853
When will this happen? I would say that we need the LN first of course, and that is happening soon I hope.
Check this thread with some new related to LN
https://bitcointalksearch.org/topic/m.28470853
It's a free unregulated market, isn't? Lacks liquidity, maturity, and on top of that newbies who don't even know fundamentals invest without a second thought and when there is a slight dip panic and sell. Is expecting the price would forever increase part of manipulation or weak hands selling at first sign of dip manipulation? More like free market in play, price discovery mechanism. Not saying manipulation isn't happening, there have been instances of insider trading, spoofing, fraudulent activity reported, and yeah since the concentration of Bitcoin wealth is centralized, whales can manipulate and compared to other cryptos, it's not really that simple. I don't think those who are holding on to their Bitcoin are much concerned about market manipulation. Once there is bigger liquidity and investments are made more on the basis of fundamentals rather than FOMO, whales or other means of manipulation wouldn't have significant impact on the market.
I just want to know your opinion about the manipulation part of the BTC. Is it really that simple to manipulate the price of BTC??
Hi friends,
what a roller coaster ride it was this week!
We know, when people buy bitcoins the price rise and when people sell price drops. There is no other factor here.
So, what we have seen is group of large investors ( 'whales') are manipulating the whole BTC market by simply investing all together and rising the price and then suddenly starts selling and so BTC crashes. When BTC crashes this same 'whales' again buy them in low price and again sell them high and make BTC crashes!! And the circle continues...
If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..
Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales.. is it not??
what a roller coaster ride it was this week!
We know, when people buy bitcoins the price rise and when people sell price drops. There is no other factor here.
So, what we have seen is group of large investors ( 'whales') are manipulating the whole BTC market by simply investing all together and rising the price and then suddenly starts selling and so BTC crashes. When BTC crashes this same 'whales' again buy them in low price and again sell them high and make BTC crashes!! And the circle continues...
If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..
Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales.. is it not??
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