Is Bitcoin Too easy to manipulate? - page 2.

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Quote from: LimLims on March 29, 2019, 11:53:15 AM

Quote from: bitcoinikdotcom on March 19, 2019, 11:27:31 AM

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?

Not only Bitcoins, but also all the cryptos can manipulate if we take and consider everything seriously.
First of all you need to make sure that Bitcoin is a stable coin, that means it fluctuates in the price very less.
So there are less chances of going ups and downs.
Moreover it will be beneficial if we invest in bitcoin then it will be profitable.
Bitcoin is a stable coin and it is guaranteed to make profit with it.

As long whales want to manipulate a coin, they will. That is why crypto can be very fluctuate but my hope for now maybe bitcoin not get pump and dump scheme again like in past. Maybe stable movement but steady is good.

justspare

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Quote from: iv4n on March 29, 2019, 06:44:58 AM

it`s not supported by FUD, this groups in BitcoinPanther coin the mment are creating FUD, they have soldiers who do that everyday. In theory you can manipulate with everything, in reality things are different. Like BitcoinPanther said for huge manipulation you need many people and groups involved. I don`t believe that someone, anyone can fully manipulate with bitcoin, actions from already mentioned groups affect price movement, but nobody can manipulate with bitcoin 24/7 on the global level.

The major thing that affects the price movement of Bitcoin is fund, it is either they move in fund or they move out fund, we have some super rich people who are playing smart and can move large amount of fund within bitcoin at once.

I mean one person and it will have serious effect over the global market, what do you think will happen if we have an investors called SHANTEL and MR shantel decides to move in 1 billion dollars into the cryptocurrency at once, do you think this act alone from 1 person is not enough to price increase on global level, and what if after a period of time, MR SHANTEL decides to MOVE out his fund after getting probably 30% increase on it overtime, we see big dump and panic sell going round.

But, reason why this can’t happen now is that major investors we have are matured investor that would hold their coin for a very long term and would not allow FUD control them.

LimLims

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Quote from: bitcoinikdotcom on March 19, 2019, 11:27:31 AM

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?

Not only Bitcoins, but also all the cryptos can manipulate if we take and consider everything seriously.
First of all you need to make sure that Bitcoin is a stable coin, that means it fluctuates in the price very less.
So there are less chances of going ups and downs.
Moreover it will be beneficial if we invest in bitcoin then it will be profitable.
Bitcoin is a stable coin and it is guaranteed to make profit with it.

iv4n

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Quote from: BigBos on March 29, 2019, 04:16:39 AM

Quote from: BitcoinPanther on March 28, 2019, 08:30:40 AM

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media. They need to sync these in order to manipulate Bitcoin. And with the money of these whales I guess it would be easy for them to manipulate Bitcoin. They have the resources, the contacts and the backing.

well, whether it's easy or not. too many conspiracies like that, sometimes it's supported by FUD. whether it's easy or not, I think it's not good to do. and of course it will harm the perpetrators, and also others.

You don`t get it, it`s not supported by FUD, this groups in BitcoinPanther coin the mment are creating FUD, they have soldiers who do that everyday. In theory you can manipulate with everything, in reality things are different. Like BitcoinPanther said for huge manipulation you need many people and groups involved. I don`t believe that someone, anyone can fully manipulate with bitcoin, actions from already mentioned groups affect price movement, but nobody can manipulate with bitcoin 24/7 on the global level.

BigBos

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Quote from: BitcoinPanther on March 28, 2019, 08:30:40 AM

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media. They need to sync these in order to manipulate Bitcoin. And with the money of these whales I guess it would be easy for them to manipulate Bitcoin. They have the resources, the contacts and the backing.

well, whether it's easy or not. too many conspiracies like that, sometimes it's supported by FUD. whether it's easy or not, I think it's not good to do. and of course it will harm the perpetrators, and also others.

upsidedown75

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Quote from: BitcoinPanther on March 28, 2019, 08:30:40 AM

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media. They need to sync these in order to manipulate Bitcoin. And with the money of these whales I guess it would be easy for them to manipulate Bitcoin. They have the resources, the contacts and the backing.

For the price we have bitcoin now, it will be hard for any of those institutions to manipulate the market again because I don’t see any form of dumping that will cause a price crash other than the one it is now and if they are coming in newly because I believe some of them are not in the system yet, their action will end up causing prices to go up because the only way they can really manipulate bitcoin is through fund, bad news cannot do any more damage to the system, government policy cannot in any way have effect our a system that is decentralized and have no control over. So, it will be quite impossible for any form of manipulation to really work on the coin now.

Osarman

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I don't think bitcoin can be easily manipulated compared to other coins we have in the market because it has a good volume and it will take a lot of money to manipulate the bitcoin market, though I can't say it is impossible because we have whales in the space who have a lot of money and just investing huge amount of money in the bitcoin market can actually manipulate the price of bitcoin, this is very rare unlike other coins.

2chase

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Bitcoin is the most capital-intensive currency among all existing cryptocurrencies, so I'm not sure that it is easy enough to manipulate its price, but for those who have great resources, this task may not be so difficult. People in whose hands huge funds are concentrated - they can do what we see as incredible.

Shinpako09

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I don't think so but the so called whales can make an impact. If there's an easy to manipulate here, those are the people with weak hands. In that way, others or big players rather can easily make the situation in favor with them because of those weak hands doing what others wanted. If btc was easy to manipulate, then it should be anyone can, but it's not.

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Quote from: BitcoinPanther on March 28, 2019, 08:30:40 AM

It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media. They need to sync these in order to manipulate Bitcoin. And with the money of these whales I guess it would be easy for them to manipulate Bitcoin. They have the resources, the contacts and the backing.

Once bitcoin was easy manipulative, this happens when whales contributing to the market tend to move a big volume of funds. Along with the same negative news, ban of bitcoin by governments, each and everything will be circulated among the common users. This initiates a panic among the common people fearing about crash of the market. Now people were much aware and intend to stay active avoiding price collapse.

BitcoinPanther

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It needs conspiracy to manipulate Bitcoin, whales, news, government, known figures in finance world, social media. They need to sync these in order to manipulate Bitcoin. And with the money of these whales I guess it would be easy for them to manipulate Bitcoin. They have the resources, the contacts and the backing.

Caladonian

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Quote from: gilangIDR on March 27, 2019, 08:10:57 PM

When Bitcoin still doesn't have clear regulations, Bitcoin will be very easy to manipulate. Usually large collectors will make a breakthrough aimed at gaining profit, these collectors take advantage of the panic experienced by most Bitcoin users. So with that panic is the beginning of why the price of Bitcoin is very easily manipulated. Unlike when there is a clear rule, the price of Bitcoin will be more stable.

But that's also the reason why investors are still striving to this investment currency, taking chances with each movements, from both bull and bear wise investors can possibly take profits, it so happen that those big fat whales is much wiser than newbies who just wanted to take a try without knowing the grounds inside this industry, so it's very in need to be more precise with each position to take it's not manipulations but another good strategy to work on with your money.

shoreno

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Quote from: mornabo on March 27, 2019, 10:10:11 PM

Quote from: St4yInTh3D4rk on March 23, 2019, 08:16:53 AM

Quote from: bitcoinikdotcom on March 19, 2019, 11:27:31 AM

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?

70 Billion dollars still not small amount to manipulate and it was more than 10 times when we are at the end of last bull run so describing based on the current market prices is not good.The number of people involved on the crypto investments is very less when compared to traditional stock investments were most of the big company have their investments.

Bitcoin can be manipulated by the emotions of traders which can be done by lot of other external sources like news than investing and risking huge money.

In addition to the volume and marketcap. don't forget the size of the users, many people say that bitcoin users currently cover many countries and tens of millions of users. manipulation will not be that easy, not all user can be affected by certain ways to sell their coins so that manipulation occurs. manipulation is getting harder when the user gets bigger

Add in the the price of bitcoin . btc price is now expensive and the time will come that the price can grow more evenly due to the growing adoption . now if the price is already expensive i dont think that someone can easily bought it . thats only a reason that bitcoin is really hard to manipulate . speaking of manipulation , manipulation isnt a bad thing because it also helps investors to purchase more coins if ever manipulators dump the price of a certain coin .

mornabo

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Quote from: St4yInTh3D4rk on March 23, 2019, 08:16:53 AM

Quote from: bitcoinikdotcom on March 19, 2019, 11:27:31 AM

Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?

70 Billion dollars still not small amount to manipulate and it was more than 10 times when we are at the end of last bull run so describing based on the current market prices is not good.The number of people involved on the crypto investments is very less when compared to traditional stock investments were most of the big company have their investments.

Bitcoin can be manipulated by the emotions of traders which can be done by lot of other external sources like news than investing and risking huge money.

In addition to the volume and marketcap. don't forget the size of the users, many people say that bitcoin users currently cover many countries and tens of millions of users. manipulation will not be that easy, not all user can be affected by certain ways to sell their coins so that manipulation occurs. manipulation is getting harder when the user gets bigger

Gaff

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Quote from: posi on March 27, 2019, 07:06:40 PM

Quote from: Polar91 on March 27, 2019, 06:58:11 PM

Quote from: Indrawan77 on March 27, 2019, 06:09:07 PM

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

It definitely not hard for the whales to manipulate the price of bitcoin market but it all depend on the status of the market and an example is this current market it will be hard for whales to manipulate the price cause the market will easily get back up. However, I still believe bitcoin is not too easy to manipulate like altcoin.

Good for the whales to do that, but for small traders like us who always depends on the actual market I think that's too hard to do. We need enough funds to do the trading, and as we buy bitcoin as our additional holdings it will take longer terms to wait until it increase at profitable value. The whales cannot move their plans just as what happened from the past bull run. People started to learn from their mistakes, and won't fall on some tricky traps.

gilangIDR

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When Bitcoin still doesn't have clear regulations, Bitcoin will be very easy to manipulate. Usually large collectors will make a breakthrough aimed at gaining profit, these collectors take advantage of the panic experienced by most Bitcoin users. So with that panic is the beginning of why the price of Bitcoin is very easily manipulated. Unlike when there is a clear rule, the price of Bitcoin will be more stable.

DoublerHunter

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Bitcoin price can be manipulated but that is not easy to do, because it needs a huge amount before it has been an effect in the market.
Big whales can manipulate but they will not long last on this strategy because of the price that makes expensive and perhaps time to time it will bring of mass adoption and they cant able to manipulate it. However, we don't have to worry about this, time come they were tired of doing that.

posi

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Quote from: Polar91 on March 27, 2019, 06:58:11 PM

Quote from: Indrawan77 on March 27, 2019, 06:09:07 PM

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

It definitely not hard for the whales to manipulate the price of bitcoin market but it all depend on the status of the market and an example is this current market it will be hard for whales to manipulate the price cause the market will easily get back up. However, I still believe bitcoin is not too easy to manipulate like altcoin.

Polar91

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Quote from: Indrawan77 on March 27, 2019, 06:09:07 PM

Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

Not easy if we're thinking as an average trader or investor. On the other hand, we can't definitely say that it's not easy for whales to do it as there is no impossible for them in terms of manipulating. With the current marketcap of Bitcoin, it's quite easy for them.

Indrawan77

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Any price is possible because its decentralised, so the price depend on the supply and demand, and I think it's not that easy to manipulate the price, I know that some whales were try to manipulate the price previously, and they succeed, but in the future when more people are using bitcoin and mass adoption is happening then it wont be that easy to manipulate anymore

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