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Topic: Is bitcoin price can be manipulate by the others? - page 6. (Read 779 times)

full member
Activity: 364
Merit: 101
It is possible that bitcoin's price is manipulated by big whales here in cryptocurrency world market. Bitcoin's proce or any other altcoins price is volatile and decentralized. No one can predict when will these coins dump or increase but what we can do is to hodl our coins for long term.
newbie
Activity: 9
Merit: 0
price manipulation occurs only because the market is very fragile for a variety of hidden cryptoes, including the initial Bitcoin. "Despite a large market capitalization increase, similar to the bitcoin market in 2013 (the period under review), the cryptto market is very fragile. The number of cryptoes increased from about 80 during the period under review to 843 days subject to price manipulation.
sr. member
Activity: 420
Merit: 250
I think there are people behind bitcoins price and of course it is these people manipulating and pulling up and down the price of bitcoin and maybe some other coins too.
newbie
Activity: 322
Merit: 0
I doubt there's a group of people who coordinate their actions, although it's plausible. If so, the game is really big and cruel.
jr. member
Activity: 196
Merit: 2
The possibility of manipulating bitcoin price by others or by people is possible. One of the factor that affects to manipulate cryptocurrency prices especially bitcoin is through buying and selling. Because of that matter it the price of bitcoin or other cryptocurrency was fluctuating or has no stable price or value.
newbie
Activity: 8
Merit: 0
More than people in my opinion its the events that is responsible for the change in the bitcoin price manipulation.
member
Activity: 280
Merit: 60
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 ever read an articel about the cartel. Did you ever read that? I fully believe about that. Beside the fact it will give an impact or not in bitcoin price, it must be there is a group who together want to manipulate one market or not. But in this case, bitcoin drop from 8k until around 6k usd, there are many FUD and I guess the other people will afraid, it will decrease the trust about bitcoin.
full member
Activity: 490
Merit: 106
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?
From january 2018 Bitcoin price is always changing? lol, it always changes because it is highly volatile and the volatility of Bitcoin started from the very start that it gained its value. I also believe that because of group of huge investors selling their Bitcoin when Bitcoin reaches its all time high last year is the reason why Bitcoin price drop drastically, and it also created fear to small investors so that can also be a factor why the price of Bitcoin and other cryptocurrency go down. There are really some group of whales in cryptocurrency market but we don't know who are they unless you are one of them.
hero member
Activity: 966
Merit: 546
No, the price is not still dropping. It's found a bottom at $6,000 and $6,500 a couple times now. So I wouldn't expect it to go below those levels. But it does seem to be going from this price to $10,000 and between, seemingly randomly but the charts tend to be pretty predictive as well as random news here and there spiking the market. I wouldn't say it's manipulation. Pretty normal behavior for Bitcoin in the first few financial quarters of a year.
member
Activity: 532
Merit: 15
if you think of Bitcoin an Investment, yes any market can be manipulated. That's why we need focus on using Bitcoin as a currency.
sr. member
Activity: 826
Merit: 265
so i was wondering if theres a group of people behind this bitcoin price drop?
It was known that there are whales who are controlling the market.

But there's no way to find out on who are these people, you can get a hint on who are spreading FUD with medias. Getting interviewed and give their statement about the falling of bitcoin. Once they have said that bitcoin is going to be dead, they are pushing people to sell. And when the price goes down, they will start buying it.
US government is looking into this issue as they know how the manipulation happening here in crypto and it deals billions of dollars,but i doubt that they have the capacity to make this possible and pays those involves in this illegal activities.
newbie
Activity: 28
Merit: 0
there's always some actors (whales) who can manipulate the price easily by selling a great amount of bitcoin.
Just remember that the Bitcoin market is relatively unliquid... given the total market cap of Bitcoin the daily volue is faraway less...
as you could see, few days ago a chinese whale sold 8000 BTC causing a great crash in the market... the same thing happend the first time with Mr. MtGox (the bankruptcy trustee).... in an environment of absolutely free maket conditions, no regulation at all... the answer is: yes!! the bitcoin price can be manipulated by the others...
sr. member
Activity: 686
Merit: 250
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?
Certainly, I firmly believe that there is a person or group of people who have an interest in influencing the price of Bitcoin. It has become a growing information in the public because of the decline and increase in price Bitcoin is always influenced by the wave. Furthermore, it is also influenced by public trust, as more and more people who trust Bitcoin then the price will increase. But do not forget the panic because it could have made a significant price change. panic will greatly make us become very depressed and it will also decrease the confidence in the Bitcoin.
newbie
Activity: 214
Merit: 0
bitcoin price is according to the market i think if bunch of individuals sell it then the price could fall other wise i dont thing that prices of bitcoin could be manipulated by others.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
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?

it's being investigated by US agency as we speak, so let's see what results they will bring. But either way, I think it's mostly the business model of whales to manipulate the markets.
member
Activity: 168
Merit: 10
Open and Transparent Science Powered By Blockchain
I think the current bitcoin manipulation by a whale, because compared with before, now prices are more likely to cause a big wave, and there is no any bad news or good news will cause large fluctuations.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
many people say that FUD is causing the crashes and hype the rises, they are correct but something that  i think needs pointing out is the fact that people think FUD is simply whenever someone starts some bullshit topic on a forum and starts talking shit about bitcoin. NO that is called trolling not FUD. and people who are doing it are newbies who have no understanding of the market.
newbie
Activity: 63
Merit: 0
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 those are whales that could manipulate bitcoin price because they hold many amounts of bitcoins that could interrupt a certain exchange. If those whales cooperate with each other they could change the value into $1 because maybe the time they purchase bitcoin it is much cheaper than a dollar. Some of them are the earliest buyers of bitcoin and it maybe there incentive for being an early bird.

I agree, whales are there to manipulate even the market itself, They always been like that, they are the huge holders of bitcoin and other coins, they waiting patiently and selling in highest price.
member
Activity: 225
Merit: 10
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 those are whales that could manipulate bitcoin price because they hold many amounts of bitcoins that could interrupt a certain exchange. If those whales cooperate with each other they could change the value into $1 because maybe the time they purchase bitcoin it is much cheaper than a dollar. Some of them are the earliest buyers of bitcoin and it maybe there incentive for being an early bird.
member
Activity: 364
Merit: 10
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?
Maybe there's a group of people behind all of this BUT I think there is no way we will know that because cryptocurrency is very unpredictable. We just need to be careful and wait until the market will go up again. I'm hoping for the best that BTC will meet our expectations again this year.
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