Pages:
Author

Topic: Is it possible for someone to manipulate the virtual currency market? - page 11. (Read 1844 times)

full member
Activity: 462
Merit: 104
Crypto Marketer For Whales
Yes indeed. These people/group will definitely be able to manipulate the market movement. Using psychology and their vast amounts of money. They can cause FUD and stuff to bring prices down.
hero member
Activity: 1890
Merit: 831
It's not only possible but it's being done too...
Even right now.
The ones holding highest shares in the cryptocurrency Market.. buys and sells at the same time and that cannot be a coincident at all..!!
When the bitcoin cash came .. we clearly saw how the big ones were prompting everyone with them to leave BTC and go for cash.

The more money you have in the cryptocurrency Market the more authority you will have over the market.
member
Activity: 182
Merit: 12
Yes definitely! Those who manipulate the market are called "whales" -  these are people or a group of people holding large part of a particular coin and use it to their advantage like selling it to their desired price. When these happens investors will start selling so they can buy back into the coin at a cheaper price.
legendary
Activity: 3542
Merit: 1352
For someone who bought loads during the early days or during the stagnation in 2014, yes, they can control the market at will but that doesn't mean they'd do it. Market manipulation in crypto is not new; pump and dumps were just a common thing back in the days and if that isn't manipulation then I don't know what it is. Most of the time, manipulation happens to a low-volume coin and some private group decides to buy a huge quantity of it and overhype it. That in itself is already manipulation in play. If the regulated stocks can be manipulated, crypto would also be an easy asset to manipulate as well.
full member
Activity: 966
Merit: 166
I believe we are currently seeing such manipulations very frequently in the market.

Also the fact that most investors are mere speculators makes such manipulations very easy.
legendary
Activity: 1176
Merit: 1024
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to make quick profits. Various methods of manipulation From information technology to everyday psychology are used. If the company has a high liquidity this is used by large banks and corporations.for speculative earnings. They have an informal arrangement among themselves to buy up the currency EN masse. Thereby creating hype and artificial demand for the currency for which there is currently no supply.
Yeah, and most especially since they have what it takes to always play the market out to their advantage. They are big, they are rich, they always hold good position in every market and they take advantage of the lower traders and all the stop losses to get their profit. It is not possible for someone (a single person) based on the topic to manipulate the market though, but for group of big boys with huge position, this is very possible and we are already experiencing that.
hero member
Activity: 658
Merit: 500
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?
Its for sure a yes, anyone can do it who holds a large stacks of any virtual or digital currency. In this bitcoin you can see it yourself, you can observe how market works and uses some big news to manipulate. In this kind of market which no one ruled everyone can make it.
hero member
Activity: 1134
Merit: 502
Very possible especially if that someone has a lot of money to use to manipulate virtual currency market once they sold or bought a huge stock of virtual currency its market will surely change and people will follow with the change. That is where the manipulation starts with that someone who have the guts to dropped or buy huge stacks of virtual currency.
sr. member
Activity: 700
Merit: 275
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

This is true. I have seen this happening with big brands of world. I am going to relate this one with the crypto currency as that would be the perfect example. Just look after the apple company. This guy have played great monopoly by giving world the apple products. There is no apple product which can connect to the outside world products and thus forms the great monopoly. If you want to hear the music then you need to have the ear pods. If you want to control the Apple TV then you need apple remote. Lolz. Everything is monopoly here and they are earning huge money out of that.

For any crypto currency industry who has the power of the monopoly would do the same and can bring down the crypto or could take it to the top of the hill. So yeah that can happen truly.
member
Activity: 490
Merit: 28
Yes, absolutely. But it needs the right timing. Like when FUDs are all over the internet, make a large sell-off and everything with weak hands will follow. Then its your chance to buy again at low price. And also when good news spreads, make a large buy order (but don't actualy buy it) and others will make higher orders than yours.
Yeah there is a possiblity  because those  who own the big  part of the pie will have the control of the entire pie because he or she can  buy all parts of the pie. But it seems in bitcoin many big investors that want to control the pie or share of entire market cap, because of that the price will soar high.
member
Activity: 378
Merit: 11
Of course yes! Specially, if there is only a limited supply of market. If someone holds even 1/5 of the market then he can manipulate its price. If he will holds his investment then the price will  smoothly goes up and when he sells all of his investment for sure, there will become a great crash.
full member
Activity: 532
Merit: 101
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to make quick profits. Various methods of manipulation From information technology to everyday psychology are used. If the company has a high liquidity this is used by large banks and corporations.for speculative earnings. They have an informal arrangement among themselves to buy up the currency EN masse. Thereby creating hype and artificial demand for the currency for which there is currently no supply.
Well said! It is sad to realize that the prices in the market are played by "whales", and we are only a small link in this chain. Bitcoin was not created for this, but for the transparency of financial relations, as well as the convenience of tracking and storing the necessary information.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

It is very possible.  We can see it on their coordinated attack to Bitcoin and how they managed to FUD it and buy bitcoin at a very low price.  Then the next thing is hype.  Bitcoin market had always been like this.  Whales together with influencer and social media promoters, plays a huge part on this.  If whales tapped these mediums, they will be able to control the market effectively.  It is the mood and emotion that dictates the market and influencers are great on this kind of stuff.
member
Activity: 238
Merit: 11
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to make quick profits. Various methods of manipulation From information technology to everyday psychology are used. If the company has a high liquidity this is used by large banks and corporations.for speculative earnings. They have an informal arrangement among themselves to buy up the currency EN masse. Thereby creating hype and artificial demand for the currency for which there is currently no supply.
copper member
Activity: 896
Merit: 110
Yes, absolutely. But it needs the right timing. Like when FUDs are all over the internet, make a large sell-off and everything with weak hands will follow. Then its your chance to buy again at low price. And also when good news spreads, make a large buy order (but don't actualy buy it) and others will make higher orders than yours.
newbie
Activity: 50
Merit: 0
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?
Pages:
Jump to: