Is Bitcoin now Pump and Dump? | Bitcointalksearch.org

Viscore

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Quote from: Omega Weapon on January 26, 2020, 11:52:07 PM

Quote from: Zemomtum on January 23, 2020, 06:54:35 PM

Bitcoin is just in the hand of a few to manipulate the market as they want. You gat to learn how to swing with them (whale). Regarding the 100K per Bitcoin, it is a good hope but nothing something to be expected at any time soonest

Many believe that due to the size of the market it is impossible for the price to be manipulated and that is simply not true the price is going to be manipulated no matter what you think, the whales are very powerful because they are holding huge amounts of bitcoin and as soon as they see the market moving in one direction they can always move the market in the other direction and get the money of all of those that were using margin trading in a very easy way.

Bitcoin can be manipulated.. come on, there's no equal distribution of the supply and there are people who hold a big number of bitcoin which gives them enough power to manipulate the market. You want proof? here : https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Omega Weapon

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Quote from: Zemomtum on January 23, 2020, 06:54:35 PM

Bitcoin is just in the hand of a few to manipulate the market as they want. You gat to learn how to swing with them (whale). Regarding the 100K per Bitcoin, it is a good hope but nothing something to be expected at any time soonest

Many believe that due to the size of the market it is impossible for the price to be manipulated and that is simply not true the price is going to be manipulated no matter what you think, the whales are very powerful because they are holding huge amounts of bitcoin and as soon as they see the market moving in one direction they can always move the market in the other direction and get the money of all of those that were using margin trading in a very easy way.

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Quote from: slaman29 on January 24, 2020, 03:43:44 AM

Quote from: wheelz1200 on January 23, 2020, 04:41:25 PM

Maybe back in 2012 ish yeah you would have a point but not today. There is too much demand on a global level to think that a couple people are wielding all the swings. Can it happen once or twice sure but the constant swing can not be sustained by a select few. That is just the nature of 24 hour unregulated markets they are always going to be volitility in an environment like that.

At least some people recognize that in 2012 the markets were still easily manipulated. Which is why I still think 2010-2013 numbers totally can't be used to count growth seriously.

But anyway, of course things have to start out like that. Bitcoin had to have one miner in the beginning, and 1 user. That's just how it works.

I like to think of growth in terms of users or in people actually using bitcoin not just trading it speculatively. It's a hard number to grasp but dealing with growth numbers just in price alone doesn't mean a whole lot. Bitcoin needs footing and if that's at a lower price than so be it. The pump and dumpers mostly are in the alt markets because it's easier to move by yourself than bitcoin.

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Quote from: wheelz1200 on January 23, 2020, 04:41:25 PM

Maybe back in 2012 ish yeah you would have a point but not today. There is too much demand on a global level to think that a couple people are wielding all the swings. Can it happen once or twice sure but the constant swing can not be sustained by a select few. That is just the nature of 24 hour unregulated markets they are always going to be volitility in an environment like that.

At least some people recognize that in 2012 the markets were still easily manipulated. Which is why I still think 2010-2013 numbers totally can't be used to count growth seriously.

But anyway, of course things have to start out like that. Bitcoin had to have one miner in the beginning, and 1 user. That's just how it works.

Landak

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currently in a dump condition again in other words the pump yesterday was just a bull trap. Well, this is actually common happen, especially when there is a celebration day like Christmas and tomorrow is the Chinese New Year. just imagine bitcoin is currently there is a discount (an opportunity), it's time to buy again.

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Bitcoin is just in the hand of a few to manipulate the market as they want. You gat to learn how to swing with them (whale). Regarding the 100K per Bitcoin, it is a good hope but nothing something to be expected at any time soonest

wheelz1200

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Quote from: nanaimogold on December 16, 2019, 03:56:55 PM

I have watched this space for a couple of years and while on it, I felt that bitcoin prices are usually driven by global supply and demand which is a factor of real world usage. But recently, I have also gotten another perspective that bitcoin might just be a tool in the hands of a few whales, manipulated for quick and short gains on daily bases. If that's the case, as we near $6500/btc and even lesser as analysts suggest, when then do we see $100k/btc or its just a hoax to keep the pump and dump pendulum swinging

Maybe back in 2012 ish yeah you would have a point but not today. There is too much demand on a global level to think that a couple people are wielding all the swings. Can it happen once or twice sure but the constant swing can not be sustained by a select few. That is just the nature of 24 hour unregulated markets they are always going to be volitility in an environment like that.

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Quote from: Omega Weapon on January 22, 2020, 09:16:37 PM

Quote from: barabarian1 on January 17, 2020, 10:13:54 PM

in my opinion up to now what has affected the price of bitcoin is demand and supply and also world news. although bitcoin is decentralized but in my opinion some of the major events in the world can also affect bitcoin holders and ultimately can affect demand and supply.
the price of bitcoin can also be manipulated by the whale but I think it will not be for a long time because now the community and users of bitcoin are getting bigger.

There was a time years ago in which every news that came from China affected the price of bitcoin but after some time that moment passed but I really think that the recent problems between the United States and Iran led to the growth of bitcoin since people were worried about a new war erupting and the consequences this will have in their savings, but now that fear seems to be out of the way the price of bitcoin is having a lot of problems to grow up.

yes same with me. i think the bitcoin increase high price because war issue of Iran and US then based that many people save their money to buy bitcoin. its look like reasonable cause bitcoin price will increase if the a lot of demand of bitcoin. but not little people said that this case there is no relation about bitcoin price and war issue of iran and US.. i do not know which the true

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Quote from: barabarian1 on January 17, 2020, 10:13:54 PM

in my opinion up to now what has affected the price of bitcoin is demand and supply and also world news. although bitcoin is decentralized but in my opinion some of the major events in the world can also affect bitcoin holders and ultimately can affect demand and supply.
the price of bitcoin can also be manipulated by the whale but I think it will not be for a long time because now the community and users of bitcoin are getting bigger.

There was a time years ago in which every news that came from China affected the price of bitcoin but after some time that moment passed but I really think that the recent problems between the United States and Iran led to the growth of bitcoin since people were worried about a new war erupting and the consequences this will have in their savings, but now that fear seems to be out of the way the price of bitcoin is having a lot of problems to grow up.

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Quote from: barabarian1 on January 17, 2020, 10:13:54 PM

in my opinion up to now what has affected the price of bitcoin is demand and supply and also world news. although bitcoin is decentralized but in my opinion some of the major events in the world can also affect bitcoin holders and ultimately can affect demand and supply.
the price of bitcoin can also be manipulated by the whale but I think it will not be for a long time because now the community and users of bitcoin are getting bigger.

Affected of bitcoin have higher price because close with bitcoin halving time to make many people interested with bitcoin and altcoin investment, but when halving is over will keep continue for bitcoin keep stable with higher price or become down, always have moment after halving bitcoin back with lower price.

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in my opinion up to now what has affected the price of bitcoin is demand and supply and also world news. although bitcoin is decentralized but in my opinion some of the major events in the world can also affect bitcoin holders and ultimately can affect demand and supply.
the price of bitcoin can also be manipulated by the whale but I think it will not be for a long time because now the community and users of bitcoin are getting bigger.

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There is not doubt that there is some manipulation that is causing volatility. However, I think there are fundamental reasons for Bitcoin to exist in spite of all the speculation and manipulation.

Omega Weapon

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Quote from: Nimbulan on January 17, 2020, 03:57:11 PM

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...

That prediction was never possible to begin with, the price of bitcoin is not going to go that high during the next months to reach his prediction but most likely we are going to see positive movements in the price of bitcoin, what we need to know is if the movement we are seeing right now is the beginning of the bull market everyone was expecting or this is a trap and eventually the price will begin to crash and it will keep generating new lows.

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Quote from: purebitco on January 17, 2020, 04:50:18 PM

How many bitcoins are available on the exchange so that the pump and dump can be done so easily by the pope, I don't think anybody has a lot of bitcoin to do pumps and dumps at this time, because the current prices are still not low compared to the end of 2018, so it's a good time for shoppers to take some bitcoin now when it's cheap, if whales throw away all their bitcoins.

In crypto platform exchanges are major role in backend, But exchanges are never fix the price and market cap.I think Bitcoin pump and dump was fixed by investors only because they have huge BTC in wallet so once they sell BTC suddenly it will reflect in market and other altcoins also follow the dump and pump because investors only hold the major cryptocurrency in pocket. I hope this year BTC occupy major pump on Bitcoin and altcoins.

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How many bitcoins are available on the exchange so that the pump and dump can be done so easily by the pope, I don't think anybody has a lot of bitcoin to do pumps and dumps at this time, because the current prices are still not low compared to the end of 2018, so it's a good time for shoppers to take some bitcoin now when it's cheap, if whales throw away all their bitcoins.

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Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...

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Quote from: nanaimogold on December 16, 2019, 03:56:55 PM

~snip~

Undoubtedly, Bitcoin could not be Pump and Dump, since Bitcoin has a history of more than 10 years today, if we analyze the entire history of Bitcoin through the Wyckoff method, the main stages of the market have been fulfilled: Accumulation and Distribution, not only with Wyckoff, any type of theory is applicable to Bitcoin, I think that to talk about Pump and Dump is for relatively young cryptocurrencies and that they are of recent projects, whose main characteristic is that it has no history. Volatility is what makes many confuse, makes talk about bubbles, pump and dump, but you should try to understand how volatility affects the market.

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Quote from: bitbunnny on January 17, 2020, 09:51:59 AM

I think that currently it's hard to define the precise direction of price. To my opinion it will not go one way only. Although it looks now that we have growth corrections will happen and price will probably continue to fluctuate somwhere in range between 7000$ and 9000$ but it's not very likely that it will cross that boundaries.

Not easy how to prediction with bitcoin price although have good chart way and we compare with bitcoin price last year but always have little and bigger mistake when predicting with bitcoin price, maybe one way how to get correct way to predict with bitcoin price during have higher price, many people get accurate when prediction bitcoin on the top price.

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I think that currently it's hard to define the precise direction of price. To my opinion it will not go one way only. Although it looks now that we have growth corrections will happen and price will probably continue to fluctuate somwhere in range between 7000$ and 9000$ but it's not very likely that it will cross that boundaries.

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Quote from: traderethereum on January 15, 2020, 04:05:42 AM

It is normal to see bitcoin get pump and dump. If you can use the pump and dump the moment, I am sure you will make a profit from that, so you can enter the market before that moment is happening. But unfortunately, it is so difficult to know when the pump and dump moment will come, and no one can predict, but we can try to place our money at some level price, so we don't have to worry if the price increases or decrease higher. We can always take the opportunity from the pump and dump moment.

But you always need to be careful because the pump and dump can move so fast, and if you don't prepare, you will be too late to buy or sell bitcoin.

Yes, no one can know the rise and fall perfectly ever one makes predictions. Price of bitcoin pumps and dumps because it’s volatile crypto and I do consider the crypto volatility really a chance to have many coins in low investment. For getting profit from this volatility its important to keep eyes on movements and know the pumping and dumping time, if price fall just buys and when rise better selling it.

Topic: Is Bitcoin now Pump and Dump? (Read 1403 times)