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Topic: Is bitcoin price can be manipulate by the others? (Read 779 times)

sr. member
Activity: 532
Merit: 255
The bitcoin price movements in years 2017 and 2018 are very different, by 2017 bitcoin prices continue to experience significant month-to-month growth, while the bitcoin price movement in 2018 its price continues to decline and this decline has begun since January 2018. Three months ago, precisely after the G-20 meeting bitcoin prices had experienced growth although only a few percents and survive in a very short time however eventually the price declined again. Furthermore on June 19, 2018 bitcoin prices experienced a slight increase, unfortunately the decline occurred again, bitcoin prices pressed to reach $ 5.600 - $ 5.890. I feel at that time there was a bunch of individuals who were trying to push down the bitcoin price to go lower under $ 6.000.
full member
Activity: 420
Merit: 100
There's a group of hackers in different country that hack all the exchanges site to manipulate bitcoin prices they are the one's that manipulate bitcoin's value so bitcoin can manipulate the deep of it so we can do is find those hackers and spread the good side about bitcoin to rise it again.
sr. member
Activity: 262
Merit: 250
I do not think that this is really possible, since bitcoin is decentralized, nobody affects it. Governments and politicians can not change the price. It does only supply and demand on the market. The price of the next day depends on them.
full member
Activity: 378
Merit: 114
According to some press and rumors, about 40% of all bitcoins belong to 1000 users. At current prices, each of them may want to sell about half their assets, Moreover, whales can coordinate deals or report them to the circle of the elect. Many of the large bitcoin owners have known each other for years and believed in cryptocurrency in the early years when the majority only ridiculed it. Therefore, whales can potentially negotiate to crash or raise the market.
sr. member
Activity: 588
Merit: 256
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?
You haven't here before, aren't you? Bitcoin is prone of manipulation and any other crypto-currencies, even the fiat currency is prone too of manipulation. No matter what we(people), made there will be someone that will make an advantage of it for their own benefits. It sucks btw, but we couldn't do anything about it, that's why we gotta have to ride it all along.
yes, bitcoin price movements can easily be manipulated by people who have large capital to influence market price movements, it can certainly be exploited for personal gain so they can easily make a profit by manipulating market price movements.
sr. member
Activity: 2506
Merit: 368
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?
You haven't here before, aren't you? Bitcoin is prone of manipulation and any other crypto-currencies, even the fiat currency is prone too of manipulation. No matter what we(people), made there will be someone that will make an advantage of it for their own benefits. It sucks btw, but we couldn't do anything about it, that's why we gotta have to ride it all along.
full member
Activity: 336
Merit: 100
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?
I think there is a group of people who are behind the fall in prices for bitcoins, which can lead to bad news about bitcoin or anything else that can lead to lower prices for bitcoins. It was deliberately made to allow everyone to buy bitcoin in large quantities and at a cheap price.
jr. member
Activity: 140
Merit: 2
yes of course bitcoin can and very easy to manipulate, you just need so much capital so you can move bitcoin price all over the world. because I see MTGOX can implement that way, they can make the bitcoin price to collapse.

Yes, whales and big exchanges manipulate the market all the time. There's nothing you can do about it. If you have enough money you can do anything and they have enormous amounts of money.
member
Activity: 518
Merit: 11
yes of course bitcoin can and very easy to manipulate, you just need so much capital so you can move bitcoin price all over the world. because I see MTGOX can implement that way, they can make the bitcoin price to collapse.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?
Yes Bitcoin prices can be manipulated by whales or group of people who wants to gain good profits. As of now maybe there is a manipulation going on but it could also be a natural occurrence in this cryptocurrency industry. Manipulation can be a good way of earnings either for us ordinary people or to those who are behind the event. Volatility is one of the reason why we get profits either hodling or trading Bitcoins or any other tokens or coins.
full member
Activity: 313
Merit: 100
I think that the real bitcoin manipulates are the whale, because compared to the previous one, now prices are likely to cause a big wave, and there is no bad news, or good news will lead to large fluctuations. It is only the market.
newbie
Activity: 25
Merit: 0
Yes bitcoin price can manipulated by other mostly big whales or groups who are holding most of bitcoins they make fall down market and make panic most of investors and then they buy their bitcoins and then sell in profits when market will up but we need to more aware about bitcoin market exit and entry time because right strategy give us good profit.
full member
Activity: 392
Merit: 112
Big YES. It is happening right now, for my own opinion. It is true that price of Bitcoin is manipulated by some big time business person right now. There is article called Bitcoin Cartel, which it is really stated and well explained how Bitcoin is manipulated.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?

Yes it could be. If you have many coins in your possession, you can make the market price up and down with your coin.
Manipulators want to make us panic buying or panic selling our coins, so they can buy with lower and sell with higher price in the market.
full member
Activity: 490
Merit: 100
Yes and the banks control or pay the media to ruin the image of bitcoin. I remember that there was a month that there were only FUD after another but when there is good news, it was never discusses. Media manipulate ordinary traders and they lose confidence and withdraw it to  fiat.
jr. member
Activity: 154
Merit: 1
I have personally heard of manipulation in markets like LIBOR to FX. others think that miners are affecting the price. overall, its hard to say about one or the other but the prices are being manipulated at some point
newbie
Activity: 68
Merit: 0
It is being manipulated right now.
As you look at the chart right now, there is a lot of huge vertical candlesticks. Only people holding a lot of coins can make those big changes. They get benefits from making the price goes the way they want and buy and sell at any point they want.
member
Activity: 378
Merit: 10
For me to answer this question in my opinion, my answer is no. It is not that the people directly manipulates the price of the Bitcoin but the supply and demand in the Bitcoin of the users of this crypto currency. Moreover, situations are also the one that made have a change in the Bitcoin price somehow like the false news the spreading to the lots of people.
sr. member
Activity: 652
Merit: 257
The Bitcoin price is not random. There are a few factors that play a role.

The supply and demand of Bitcoin is one. Big whales can come in and purchase a large amount and hold them indefinitely. Also, the current price of the fiat dollar is another one that has nothing to do with Bitcoin's value itself, but can affect the price.

Lastly, the media can be a manipulator of demand and thus drive up or crash the price.
sr. member
Activity: 457
Merit: 250
manipulation can occur in various businesses until a company that has grown and dibitcoin very many people who try to manipulate it can use it as a forbidden business transaction so bitcoin will experience an uncertain price change can change at any time.
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