Topic: Is it possible for someone to manipulate the virtual currency market? - page 3. (Read 1793 times)
June 07, 2018, 08:58:49 AM
Of course it is possible, because there is only a limited supply of the market. If someone has a great investment then he can manipulate the price. If he will withhold his investment then the price will go up but when he sells all his investment the price will continue to fall
June 07, 2018, 08:46:26 AM
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 not possible for someone to manipulate the market unless this person is a hacker or some person of the company who has an intention of bringing fake news like dropping of the prices of cryptocurrency in order for them to have an advantage.
June 07, 2018, 08:39:27 AM
Yes it is possible to manipulate the price of Bitcoin but that will require a lot of money maybe up to a millions of dollars. If you think that just a small amount of money can move Bitcoin, then you’re wrong. For you to manipulate the price of Bitcoin you will have to invest up to millions of dollars. I read about a twin that manipulated the price last year. They are both millionaires and joined together to invest a big amount of money which made them the first to make billions out of Bitcoin investment.
June 07, 2018, 03:13:46 AM
seems to have not been able to because now I see already very many who join and play trading so it is not good if you manipulate the price because it will look and it will make you a loss yourself.
June 07, 2018, 02:34:19 AM
Of course! It's all the matter of how much money you got and how much coin is in supply. Generally if there is a surplus of available tokens then there is a huge room for manipulating the price. Since the price of crypto currency is heavily dependent on the supply it has in the market. That's why small investors should always hold their coins.
June 07, 2018, 02:33:54 AM
If we are talking about altcoins, then of course Yes it can be in the hands of monopolists. The price of a coin can be raised and then lowered. Especially when there are small trade volumes. Enough of 2-5 million $ to about pumpit altcoins
June 07, 2018, 02:30:59 AM
Yes it's possible but we never know how it works, mostly the big company and big investor are sometimes the deciding factor who contribute for the manipulation of the virtual currency if not at least they have the part.
June 07, 2018, 02:09:24 AM
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?
There are different ways to manipulate virtual currency in the market, even just a false news can make disaster in the market and that is the reason why we should always read speculations in order to determine if we should invest or sell our coins today.
June 07, 2018, 01:41:34 AM
I suppose it's not only oossible, but it takes places often. It doesn't always relate ti smaller or newer coins, but for BTC for sure. Recently the news's popped out that EOS is in fact, quite centralized with dozen of users have over 50% of assets.
June 07, 2018, 12:26:53 AM
Maybe all of us, price manipulation is always sink in into our mind,espicially if we always watch the movement of the price of the bitcoin on the market, but the problem is we do not know the truth if there is a really perpetrators and who have the ability to manipulate the price in the market or its just normal circumstance thing that could be happen because we are on the market system.
June 06, 2018, 11:04:17 PM
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?
No its not because because no one or no organization can manage or manipulate the price, only investor and business aspects related to Bitcoin exchanges are the reason to movable Price of Bitcoin like what I compared the Stock exchange market her in the Philippines should be IN and OUT production invest of Bitcoin that's it.
June 06, 2018, 10:47:25 PM
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?
Yes, big whales are already doing it. In my opinion, it is harder in case of bitcoins as it is old and there are many investors who got involved when crypto was in early stages and whales were not noticing this.
June 06, 2018, 10:46:13 PM
For me, only investor can manipulate in virtual currency, because they pump and dump the price of crypto market. And i think the market exchange also,, some market have bot, so some altcoins red and green.
June 06, 2018, 02:02:46 PM
there might be fake pump and dump happens due to decentralized market nature we can say a lot of fakes volumes can be generated to mislead the buyers
June 06, 2018, 12:48:28 PM
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?
Those entities are known as whales, some individuals and exchanges have an amount of bitcoin so big that they are able to manipulate the market, however they cannot manipulate it fully, they need to wait for the right opportunity, for example when segwit was activated a bull run was inevitable but the whales were very smart and fueled it and we reached very high prices as a result of their actions. June 06, 2018, 11:15:20 AM
If you have got a lot of money and you can purchase a lot of bitcoin to fund your exchange account then you can manipulate the market, how? By purchasing a particular coin and that will attract a lot of eyes and attention of the traders or investors because they think that something good happened in that coin and they will buy that coin because they don't want to lose the train and unexpectedly, you will sell now and dump all your coins and buy at the lower price and do the same process again.
June 06, 2018, 10:34:42 AM
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?
Of course it is possible that the main reason for this is that there is no center and method in this market. Although it is an act that is regarded as a crime in the society, we can face this situation in many places today. We can easily manipulate certain selected options with a high budget, which is now known as a fairly easy process.
June 06, 2018, 10:29:33 AM
It is totally possible.
Though only if that person or group of people hold a huge percentage of total cryptocurrency amount, they can totally manipulate the market to their own liking. But yes, there will be still ups on the market to which you can preferably sell your coins at - I do not see why them bigger holders would not want high price casuall, too.
Though only if that person or group of people hold a huge percentage of total cryptocurrency amount, they can totally manipulate the market to their own liking. But yes, there will be still ups on the market to which you can preferably sell your coins at - I do not see why them bigger holders would not want high price casuall, too.
June 06, 2018, 06:22:50 AM
Yes, having a large amount of Bitcoin can manipulate the virtual currency market. Not only that when you manipulate the market we can buy virtual currency in a lower price.
That is what whales are doing right away. They are doing this for so long time and believe me they have such huge power after god over this bitcoins and crypto market that they can maniple the results as per their own will. They have got such huge packages of coins that if they want to make market down, they are just away to give one simple sell and then panic selling takes the way along. June 05, 2018, 11:41:37 PM
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?
I think it possible. 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. but, it needs big money to do it.Indeed. I noticed that the "whales" don't pump or dump only one crypto currency. They always sell all of the different coins they bought, lest other traders trying to keep their money will jump to another crypto currency. If the global capitalization of the crypto exchange markets will be enough large, it will be more difficult to manipulate the prices of the coins, but I guess the "whales" can do much anyway.
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