Is it possible for someone to manipulate the virtual currency market? - page 5.

themughni

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

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.

EnricoGomez

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You did say a large and powerful entity.
Yes, it is possible. It can control the market and manipulate it in their own terms and wanting - if and only if, they re powerful enough.
But now, I think no one really can because they would need a huge stock of crypto. The ups and downs of the value now depends on the people using it.

doraegun

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

No, There is not only one person can manipulate this. Only the users such as: miners investors traders can make a motion to Bitcoin price value everyday no one else except it. because since it was build this Digital Currency the Black Chain Market are always transform with its value of the Price daily since 2009 until now. it is automatically calculated in every seconds how much the volume people who invest in bitcoin then it will make a new additional value and it will totally decreased if many people are stop to their daily investment.

airdrophunter

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Noone can manipulate the digital currency market at all. I believe that it can't be manipulated even in the case of Whales because the demand of the people is more stronger than these whales having large quantity of bitcoin.

klasik1980

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Very easy, whales, bots, etc can change prices, fake news can cause panic and there is no halted trading by any central authority. Pump and dumps are perfectly legal in crypto.

Circles

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Yes, I think somebody like Bill Gates, or most other billionaires can really affect the crypto market. And those are just single entities. The banking industry can have total control.

PX-Z

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

Yes it could be possible, but only for those who are called big whales. Because this big whales are those investors that are having a huge amount of money that are invested to virtual currency, which gives a big effect to its market value for every huge withdrawal they make and that's how they manipulate the virtual currency market.

Hemady17

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

Yes manipulation is possible in virtual currency market most especially if they possess lots of capital to invest. It is actually happening right now you will notice that in the market where in the price of the coins suddenly went up without any normal reason. Even there is manipulation in the market; you can still reap benefits by carefully studying the pattern of those coins. You just need to become more creative.

jamids

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

Not the entire market but some of the coins. For now, since bitcoin is like the center of all cryptocurrency, all the whales need to do is to manipulate the bitcoin price. They can spread FUD if they want to because they control the media and they can spread good news if they want to increase its price. In effect, bitcoin price would make rapid price movement wherein majority of the altcoins are affected so it is like manipulating the market as a whole as well. The crypto market is still somehow dependent on the bitcoin price. There are big players in the market that just entered the crypto market which is expected to be a whale as well but then I think they wouldn't trade in exchanges but will do OTC so that price wouldn't be that much affected.

Atits

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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...

drm

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Quote from: entempo on April 26, 2018, 06:24:39 PM

Of course it is possible - even you can manipulate some shitcoin market with only 0.1BTC. Good expirience, by the way.

There is a difference in controlling a shitcoin's "tiny" market or the whole "virtual currency market"

Burogh

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

I am believe that as we long we involving human, we can manipulate anything. If we have big capital, i think we can manipulating market movement because market movement still depend on supply and demand

megamanexe002

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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 a lot of hackers in the past years that makes the price of cryptocurrency to decrease or increase due to the fake news and black propaganda's they make so if you are asking that it is possible then the answer is yes indeed.

Vness10

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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?

A lot of people do that manipulate the rises some of them make fud news so people get panic and sell their coins and it sad to say that people do that. But at some point if the price in the market down there's a chance to buy in cheap price and wait again the rise up of the market.

entempo

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Of course it is possible - even you can manipulate some shitcoin market with only 0.1BTC. Good expirience, by the way.

betlord90

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It's possible! remember macafee's fuds spreading happens those past years? well if you can't remember mcafee words are powerful those past years and he can create some fuds via spreading it on some articles and crypto news. But I wonder why mcafee are so silent today.

unicyclistclapas0

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I don't have any idea regarding. I think its better to be manipulated by great 'whales' not by individuals

Alik_Rzasoy

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Quote from: jeanne513lefe on February 23, 2018, 04:58:44 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, there are some "Whales"in the market, who possess so much Bitcoins. If some of them deal with each other for selling their bitcoins all together, then the value will decrease, then they will enter to the market by buying Bitcoins with low value but much more than previous.

volleyballslender6

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if I could have manipulated btcs I will directly close it totally returning peoples savings to them

goldshops65

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yes it can be but he should have to do great

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