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Topic: Market Manipution- How To Curb It? - page 2. (Read 431 times)

sr. member
Activity: 728
Merit: 254
July 29, 2018, 06:18:48 PM
#22
Unfortunately there's nothing anyone can do regarding this market manipulation, even forex gets manipulated sometimes!
Some persons sees market manipulation as a way of running their business and they are making good money from it.
newbie
Activity: 14
Merit: 0
July 29, 2018, 04:44:59 PM
#21
It is impossible to make the market more stable until the regulations will be applied. Also remember, that financial instruments are used for the speculations
legendary
Activity: 4270
Merit: 4534
July 29, 2018, 04:36:51 PM
#20
What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?

its not actually big whales.. its lack of liquidity/volume and also large spreads. (see bitstamp image example i grabbed while writing this)

markets can stop having orderlines that are like
$8203.43
$8202.18
and instead have
$8203.4302
$8203.4301
then the price of btc wont rise by $1 by small fish that have an order line of under 1btc per orderline
as you can s below. somone can move the price by $1 for less than $1300.. meaning the 'cap' moves by $17million for only $1.3thousand

sr. member
Activity: 2618
Merit: 439
July 29, 2018, 04:23:32 PM
#19
Market manipulation is rampant in the cryptocurrency market, this has been evident in recent times where the price of BTC which has the highest market dominance over other altcoins gets manipulated for selfish reasons especially by people who want to profiteer from the system and this is done by so called whales. They either force the price down to get weak hands to sell off cheap or pump the price to certain prices.

With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation. They could not guarantee that the price of BTC wont be manipulated due to the unregulated nature of the market. What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?
As fraudulent as it may sounds, there's no way that market manipulation can really be stop specially in a market like crypto because its unregulated. We even doesn't have a name for this so called whales, we have heard so much about them, but not even a single or group of individuals have been identified. So the market is really susceptible to them, we can even considered those pump-and-dump groups as manipulators, so don't have the market, but hate how those people play the games.
full member
Activity: 602
Merit: 146
July 29, 2018, 04:14:58 PM
#18
The market is in decentralized space so it is hard to stop the manipulation, the best thing I know is that newbies should educate their self and learn from previous history of the market to lessen the panic sellers because manipulation won't work if there are no panic sellers.
sr. member
Activity: 1151
Merit: 260
☆Gaget-Pack☆
July 29, 2018, 04:11:21 PM
#17
Market manipulation is rampant in the cryptocurrency market, this has been evident in recent times where the price of BTC which has the highest market dominance over other altcoins gets manipulated for selfish reasons especially by people who want to profiteer from the system and this is done by so called whales. They either force the price down to get weak hands to sell off cheap or pump the price to certain prices.

With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation. They could not guarantee that the price of BTC wont be manipulated due to the unregulated nature of the market. What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?
Only time will tell, but as far as my opinion goes, I think clearer guidance from the government and regulators will help the price to stabilize some. Bitcoin has always been volatile due to its intrinsic nature. The price really is in a frenzy, every statement that the financial regulators make will most likely cause a fluctuation in the market prices, at least that's what it seems.
newbie
Activity: 127
Merit: 0
July 29, 2018, 03:55:27 PM
#17
Since the market is free, there will be manipulation every now and then. Stock market also faces manipulation. The only problem is that most people see cryptos as a mode of quick money making scheme within a very short period of time. They don’t do their research or study properly and as a result is manipulated. Let’s hope that the Winklevoss twins succeed next year in passing the Bitcoin ETF approval.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
July 28, 2018, 03:03:59 AM
#16
With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation.

WRONG.
it would have been a market manipulation if price fell extremely low for example down back to the bottom at $6000 but instead what happened was a tiny drop  of about 4% and the reason for that was because the market is filled with newbie kids who don't know how things work. they saw the words "ETF" and "reject" and decided to press the big red panic button. and they paid for it with their losses.

No, you misunderstood what he was saying. The SEC said, one of the reasons why they do not want to approve the ETFs is because of the impact of mass manipulation of the Bitcoin price. They used that as an excuse for the first application that they received from the Winklevoss twins too.

So, we need to come up with a solution to "solve" global manipulation of commodities, to get them to approve ETFs. This is something that is a problem with other global commodities too, but they approved those ETFs.

The difference is, they control these markets and that is why it is approved.  Angry 
legendary
Activity: 1946
Merit: 1137
July 28, 2018, 12:52:54 AM
#15
With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation.

WRONG.
it would have been a market manipulation if price fell extremely low for example down back to the bottom at $6000 but instead what happened was a tiny drop  of about 4% and the reason for that was because the market is filled with newbie kids who don't know how things work. they saw the words "ETF" and "reject" and decided to press the big red panic button. and they paid for it with their losses.
full member
Activity: 854
Merit: 140
July 28, 2018, 12:44:43 AM
#14
All you need to do is wait that their resources had dried up to the core that they will not sell bitcoin any more, This is so normal in the market if they really want to the price to go down they will sure do it,
I dont think waiting until their resources dried up is an option because we dont know how much sums of wealth they have. Although manipulation was normal in every huge market, in cryptocurrencies market and mostly in altcoins there were no definite reasons to pump the coin while if bitcoin really has the potential to grow then manipulation wont work for longer term.
legendary
Activity: 3038
Merit: 1169
July 27, 2018, 12:08:08 PM
#13
All you need to do is wait that their resources had dried up to the core that they will not sell bitcoin any more, This is so normal in the market if they really want to the price to go down they will sure do it, And we can not do something about it, Even if they regularized bitcoin it is not really illegal in some countries specifically not really illegal in the Crypto world and not only just apply to Cryptocurrency but to product, security, commodity and well known currency as well.
newbie
Activity: 126
Merit: 0
July 27, 2018, 11:49:54 AM
#12
My suggestion is to base these Bitcoin ETF's on local regulated exchange prices and not on global prices. If you can properly

regulate an exchange like Gemini for instance and you do not use unregulated exchanges as a indicator for the price, then you

have won, half of the battle against manipulation. This is not really a good excuse for me.... I think they are just buying some

time to look for more excuses to deny these ETFs.  Angry

This is really one great idea that can be explored by the SEC if they're serious about any form of regulations and not just looking for excuses to deny these ETF applications.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
July 27, 2018, 10:10:51 AM
#11
What can be done to fix this?

Nothing.
And nothing should be done.

If Bitcoin fails because of this manipulation it's obvious we need to think of something else.
Regulation and restrictions will just turn it into a centralized so it will be just another failure.

I just hope that the next proposals in line would get through the SEC and spell victory for us all, but given the reason by which the SEC bases its decision, it might be too far-fetched to get one going within this year.

Reading their answer, probably you have to postpone this to the next century, not the next year.

Quote
”When the spot market is unregulated--there must be significant, regulated derivatives markets related to the underlying asset with which the Exchange can enter into a surveillance-sharing agreement.
You can interpret this in so many ways but I can also see one that reads "when hell freezes over"  between them.
legendary
Activity: 3206
Merit: 1885
Metawin.com
July 27, 2018, 09:12:09 AM
#10
Regulations won't stop manipulation there's no fix to this problem. Whales will always find a way to manipulate the price and there's no limit on how much Bitcoin each person can have. dothebeats is right even if there are regulations these crypto exchanges will still allow it to happen because all these exchanges want is to make more money for themselves.

If everyone stop investing on short term, it could be harder to manipulate price. But, that's only in theory.
Stopping everyone from investing would take too much effort to do.
legendary
Activity: 1904
Merit: 1073
July 27, 2018, 08:46:09 AM
#9
My suggestion is to base these Bitcoin ETF's on local regulated exchange prices and not on global prices. If you can properly

regulate an exchange like Gemini for instance and you do not use unregulated exchanges as a indicator for the price, then you

have won, half of the battle against manipulation. This is not really a good excuse for me.... I think they are just buying some

time to look for more excuses to deny these ETFs.  Angry
hero member
Activity: 2968
Merit: 913
July 27, 2018, 07:41:15 AM
#8
Market manipulation is rampant in the cryptocurrency market, this has been evident in recent times where the price of BTC which has the highest market dominance over other altcoins gets manipulated for selfish reasons especially by people who want to profiteer from the system and this is done by so called whales. They either force the price down to get weak hands to sell off cheap or pump the price to certain prices.

With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation. They could not guarantee that the price of BTC wont be manipulated due to the unregulated nature of the market. What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?

You are right about this,but another question appears.If the bitcoin price is indeed manipulated,why there is bitcoin futures trading allowed by the CME and CBOE?There`s something wrong with that.
You are wrong about one thing.BTC price isn`t manipulated because of the unregulated nature of the market.
BTC is manipulated,because the market is small.
sr. member
Activity: 742
Merit: 253
July 27, 2018, 07:09:48 AM
#7
Market manipulation is inevitable in this free market, so they will pump and slap the market with nothing to ban them, yes we do need awareness for everyone, to trade properly, not harm most people, but it will be hard to be aware of this is indeed very beneficial to the greedy, small people will only reap the losses every false increase occurs.
full member
Activity: 231
Merit: 102
July 27, 2018, 07:08:15 AM
#6
If everyone stop investing on short term, it could be harder to manipulate price. But, that's only in theory. There will be manipulations in practise. If you don't want it to affect you, than just stop caring for that, for panic sellers etc. If you can use it to earn, use it. If not, don't pay attention.
newbie
Activity: 31
Merit: 0
July 27, 2018, 07:00:49 AM
#5
Market manipulation never stop because whales or groups of peoples decide market will up or down, because they are profit taker also they create panic when they push market in downtrend than panic peoples or weak holders sell their cryptocurrencies in cheap price. ETF also rejected because of this reason and manipulation can't be control so crypto market is known for its volatility.
hero member
Activity: 1190
Merit: 534
July 27, 2018, 06:46:25 AM
#4
I have observed that big whales and institutional investors are not putting the required amount of money to manipulate the market but still, they are in a situation to manipulate the market every single time. The core reason behind this capability is the lack of mass awareness among the users and investors. The concrete solution to curb this issue is to build as much as an awareness that will help investors and users to deal with any kind of market situation without getting themselves under the pressure of fear of missing out.
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