The last crash was mitigated by a single buyer on Bitfinex who bought more than 20000 BTC at above market rates:
https://bitcointalksearch.org/topic/wtf-just-happened-bitfinex-scam-2864671
Topic: Is it possible for someone to manipulate the virtual currency market? - page 9. (Read 1844 times)
February 25, 2018, 09:38:07 AM
February 25, 2018, 07:28:57 AM
Certainly, if the team has more than 30% of the market wealth, the market has the role of manipulation!
Everything is affected by supply and demand, and digital encryption is no exception.
A lot of buying digital currency price will go up, sell can make fall!
Everything is affected by supply and demand, and digital encryption is no exception.
A lot of buying digital currency price will go up, sell can make fall!
February 25, 2018, 06:45:37 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?
The term virtual currency market is a broad term and anyone can manipulate the market,since it is easy to create a currency, anyone could come up with a new currency and make some money and that is also included in the manipulation. If you are talking about a currency like bitcoin,it is really hard to manipulate unless you have multiple millions worth of coins. February 25, 2018, 06:40:38 AM
There are daily manipulations of the market (actually of every market) but there is no need to be a big investor: it's more simple to "suggest" to a politician to make a declaration, so you - knowing in advance what he will declare - can make the right moves, in the meanwhile that the public will go in a predictable direction.
Actually, I think that 90% of political declaration have the only aim to influece the market and to create profit for friends.
Actually, I think that 90% of political declaration have the only aim to influece the market and to create profit for friends.
February 25, 2018, 03:40:42 AM
We are witnessing lots of market manipulation in the crypto markets.
When a public figure belonging to a financial institution speak badly about crypto, you can be sure he has shorted the market or he is buying the market when it drops.
When fake news get sent out, like the fake Vitalik death last year, it was to manipulate the market.
And for the smaller markets, the daily trading volumes of many alt coins are below 10million. It does not take much for a single trader to sell the market in order to buy it cheap later on.
Plus there are so many pump and dump groups, what they are doing is price manipulation as they are coordinating buys or sells at the same time to move the markets.
This is happening all the time in crypto markets as the regulations are not as strong yet.
P.S. this does not mean that manipulation is not happening in traditional markets... you just dun hear about it publicly as regulators are on the lookout for manipulators in those markets.
When a public figure belonging to a financial institution speak badly about crypto, you can be sure he has shorted the market or he is buying the market when it drops.
When fake news get sent out, like the fake Vitalik death last year, it was to manipulate the market.
And for the smaller markets, the daily trading volumes of many alt coins are below 10million. It does not take much for a single trader to sell the market in order to buy it cheap later on.
Plus there are so many pump and dump groups, what they are doing is price manipulation as they are coordinating buys or sells at the same time to move the markets.
This is happening all the time in crypto markets as the regulations are not as strong yet.
P.S. this does not mean that manipulation is not happening in traditional markets... you just dun hear about it publicly as regulators are on the lookout for manipulators in those markets.
February 25, 2018, 03:29:56 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?
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.
February 24, 2018, 11:38:35 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?
Absolutely yes, for those who have the greater power has the advantage to manipulate the crypyocurrency. Yhey can buy a large amount of cryptocurrency in a low price then the supply will be scarce and the price will rise . Those bought tokens will be sold in a much bigger amount then the market price of cryptocurrency will drop again. They will do it again and again in their benifits.
February 24, 2018, 11:18:10 PM
I think so, it may be possible and these someone are people holding large number of coins. In which their single movement has a greater impact on cryptocurrency in the market. At the time they had to pull out their coins and sell, the value of coins gets lower.
February 24, 2018, 12:45:53 PM
You all guys think that manipulating could only come from private people ?
Not from big crypto company ?
February 24, 2018, 12:30:44 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?
That's possible if an entity can own majority of a certain coin like bitcoin, but seeing the current distribution of bitcoin by this time, it' s quite impossible for a single entity to acquire the majority. As far as I know bitcoinbis now distributed througout the world and no one can even trace the ownership or exact place where majority of this coins belongs. February 24, 2018, 12:25:56 PM
I think it is possible for someone with a massive amount of resourses.
BUT you should understand it is easy only to manipulate low market cap cryptocurrencies.
BUT you should understand it is easy only to manipulate low market cap cryptocurrencies.
February 24, 2018, 12:09:06 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?
It is possible, we have seen it last two monthes. Last two monthes at a time when there were a lot of ban news about cryptocurrencies and fud you could see how on exchanges price was dumped through many small orders.The smaller markets get manipulated all the time because they are easier to move, but Bitcoin and Ethereum markets are tougher to manipulate and would likely need a group of experienced traders to do so. And yes markets have been ranging and slowly drawing down but don't expect this to go on forever, I am seeing a lot of falling wedges lately, which is a bullish sign.
February 24, 2018, 12:00:09 PM
If that person holds half of the market then he can manipulate the market price. But I think there is no people as of now that can control the price. If then, they are group of whales. Yes, bunch of whales can easily manipulated the market.
It wouldn't take holding half the market or anywhere near it. Currently, a whale could dump $50,000,000 of btc on the market at once and wipe the price down from $9800 to $7800 representing an instant 20% drop in the price that would cause other people to pile on to the downward momentum inflicting further damage. In this scenario, $50m USD would wipe out $35 billion of btc market cap.
You don't have to be anywhere near as big as you think it have dramatic power over the market. But also, the risk of acting like this could epicly backfire, and I don't find it likely too many people are going to risk $50m USD on a ploy that may ultimately end up not working if other momentum traders don't also pile into the selling bonanza.
February 24, 2018, 11:30:11 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?
It is possible, we have seen it last two monthes. Last two monthes at a time when there were a lot of ban news about cryptocurrencies and fud you could see how on exchanges price was dumped through many small orders. 
February 24, 2018, 11:22:58 AM
Yep its possible and Big boys do it everytime so if you ask this then you dont know about it ,be carifull and search about it be informed ,and then its it will be much more harder manipulate.
February 24, 2018, 11:16:17 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 seem to know there is a case like this one of the big market and its end seems to have closed because it unravels the case, it really will make the loss of the players in the market that they manipulate the price, I think it's an unfair game.
February 24, 2018, 11:00:57 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,ai believe this is possible specially if that person is really great with hacking systems like what does the Bitcoin forum contains. Nowadays you can have everything you want without taking so much time to achieve it ,and this is just like this situation, probably there will be a time that a person with knowledge about it can hack Bitcoin just with his own power.
February 24, 2018, 10:51:46 AM
manipulation is part and parcel of the cryptocurrency market. it has always been like this thanks to two things: the small size of the market + the unregulated nature of it.
and it is a lot of different levels of manipulation. for example you can see the manipulation even in bitcoin with all the media spread FUDs and all the sell pressure that comes on at times on major exchanges to push the price artificially lower than major supports such as 10k for instance.
then we have the altcoin market which is more like a circus than a market! and everything is just a P&D-fest and whales are enjoying the free money of the newbie masses.
and it is a lot of different levels of manipulation. for example you can see the manipulation even in bitcoin with all the media spread FUDs and all the sell pressure that comes on at times on major exchanges to push the price artificially lower than major supports such as 10k for instance.
then we have the altcoin market which is more like a circus than a market! and everything is just a P&D-fest and whales are enjoying the free money of the newbie masses.
February 24, 2018, 09:50:57 AM
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.
I am trying to put all the pieces of what you have said together to make sense out of it, but I just keep getting confused. Manipulation of the market is not something new already and whether we like it or not, there will always be monopoly.Some have the resources to hold a very good position and they definitely find a way to come together to drive the market in any direction they want and all they do is emotional trading, which is where they make even more from to keep holding a better position in the market. It is like a cult as far as I am concerned, but what can we do ?
February 24, 2018, 08:40:46 AM
I always think that a group of billionaire can control the price of bitcoin for their own benefits. It is posible because they have a lot of money. But there is no enough evidence that they do it.
Jump to: