The whales,the miners and the developers do this job,its obvious that they are the one that dectates what will happen to the market and the whole community.but its part of the circulations this is how the currencies grow.for the users and investors not to stand by one.but to segregate thier capital.so we muat give credits to them for making the cypto this big and popular now
agree, Bitcoin is so flawed since BCH was created. It allows the miners to flip-flop between both coins at any time, so it's the miners that decide either they set the pump and dumps. as an example is the last BCH pump. I'm sure it is a great manipulation. 
Topic: Massive bitcoin manipulation possible? - page 3. (Read 1765 times)
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc 
Possible, but likely is another question. One thing for sure is we've likely seen large attempts to manipulate the market already. The spam attacks that clog the Bitcoin network are clear attempts at manipulation. The current spam attack seems to be tapering off, but unconfirmed transactions reached at least 180,000 during the height, which coincided with Butcoin's fall to $5000 and BCH's flash high to $2800. It's speculation, but I would say that was an objective of the spam attack to profit in BCH.
Yes its possible if the most richest people in the world cooperate with each other and do the bitcoin manipulation. See the sudden increase of bitcoin cash in the past days. Its because some people manipulated it and do a huge pump and dump then after few hours I think of that, it decreases its price immediately.
Undeniably yes, bitcoin and other cryptocurrencies involves price manipulation. Its not different from traditional stock exchange, billionairs owns almost everything talking about large percentage of commodities, you name it they have it.
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc
Of course they can, they only need someone famous in finance or investment to say bitcoin is fraud to make the most of price crash, what makes me more amazed is the fud is effective everytime it happens. After they got the cheap coin they will push the price back to normal. I think that they could not directly manipulate bitcoin price by just dumping bitcoins in huge volumes.But by simultaneously spreading FUD and dumping bitcoins,they could manipulate to some extent.if not,the dumped bitcoins would be immediately bought by users all over the world as there is huge buy wall.So,FUD and dump could do the job.
I agree FUD has been spreading all over this forum and the internet ! I bellieve they do it just to bought a bitcoin for a cheap price they take advantage on investors emotion to gain a profit for themselves ! this kind of manipulation is very well known and investors should be aware of it to prevent panic selling
Actually it is happening right now even if their is no groups of billionaires involves, and a highly doubt their is one as billionaires don't go to well together. Even individuals who have a respective sum with the same mindset about buying or selling can create a price action because it creates a ripple effect on the market, it reflects to other people that they need to buy or sell in order to catch up to the first movers. Massive manipulations are happening even without billionaires playing it.
I think that they could not directly manipulate bitcoin price by just dumping bitcoins in huge volumes.But by simultaneously spreading FUD and dumping bitcoins,they could manipulate to some extent.if not,the dumped bitcoins would be immediately bought by users all over the world as there is huge buy wall.So,FUD and dump could do the job.
Certainly, it is possible. The other day we could all watch the situation, when Bitcoin Cash suddenly jumped so high, that a part of Bitcoin holders rushed to sell their cryptocurrency. Many minor BTC transactions also did not let making large operations with this currency - each transaction lasted long. Similar manipulations with BTC might happen in future.
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc
The bitcoin community is considered as uncontrollable individuals,, if those billionaires that your talking about exist in this investment and that would be a gruoup they can’t and will never ever manipulate the bitcoin prices by they’re own.. Because them alone won’t make a big difference that’s why most of this group (pump group) gather many investors and make groups,, sub-groups to spread good news or bad news about bitcoin depend on what they want to do with the price..(if only they want to do it)
The whales,the miners and the developers do this job,its obvious that they are the one that dectates what will happen to the market and the whole community.but its part of the circulations this is how the currencies grow.for the users and investors not to stand by one.but to segregate thier capital.so we muat give credits to them for making the cypto this big and popular now
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc
Not only during the early days, but also today some are accused of attempting to manipulate bitcoin price. One must own tens of thousands of bitcoins to be able to move the market. Roger Ver is a prominent example of someone who could manipulate bitcoin’s price. Roger is rumored to own around 300,000 bitcoins.It is very possible from the start when bitcoin was become popular. There are some groups who manipulate bitcoin price as also said "whales" are always their who really into bitcoin. Well if you are in a train you must ride with it and be wise enough to take profit.
That is just a plain truth! These whales have all the resources and a whole lot to be able to manipulate the market a little bit but I would not call it a massive manipulation. They are traders just like you and me, but the only difference is that they have so much to put at once but they are always careful too. That is the reason some of them make use of media to see how they can shake off the weak hands to make a lot of profits from them and they sure really do.
When ever someone talks about manipulations by governments or whales, I'll start sending them to a few exchanges to stay for a few hours and see what a real manipulation looks like 
You have no idea what is easily manipulated and what is not, No bitcoin is not, try to buy 90% of the total supply for manipulation to be enabled.
You have no idea what is easily manipulated and what is not, No bitcoin is not, try to buy 90% of the total supply for manipulation to be enabled. Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc
Though they are considered as powerful person, but I don't think they can manipulate bitcoin price in the market. Bitcoin is decentralized, it means that nobody would take control on this even though they owned a lot of bitcoins. Because the big factors that would affects it's flow in the market is the participation of the community. But we can't deny that with their big contribution to crypto, it helps to boost bitcoin's market and be mostly known around the world.
I think those who invests big amunt in bitcoin (whales) really can manipulate the bitcoin movement. And I think it is what' s happening recently with the sudden dip of btc value. They are doing that to have bigger income and hold the market so they can dictate the value of btc, maybe they are doing this for their sake but they won't do anything to let btc down. Those price fluctuation wil still put btc at #1 spot in crypto world.
You never know those addresses on blockchain who holds a lot of Bitcoin those are Whales except on exchanges.
Actually, you can see each and every address, as long as it is containing a balance. Just Google Bitcoin rich list and you'll see various sites pop up that show you the top addresses based on how many coins they hold. However, it's only not possible to link these addresses to individuals, unless it's publicly known that x person owns y address. On top of that, most of the larger holders tend to use plenty of addresses for various reasons, so it makes address to individual linking even harder than it already was. Most of the top addresses in these lists are exchanges and in some cases miners, casinos, etc.
Yes it's possible and I think right now majority of the owners of huge amount of bitcoin are billionaires who manipulate the market fluctuations and I think the developers behind bitcoin are controlled by this owners that's the reason why the value of bitcoin keeps fluctuating, they had greatly affected by the movement of this owners.
Actually this is the main reason for the growth or fall of the currency.
Yes you are right. Big investors really affects the rate of the bitcoin either up and down!
It is very possible from the start when bitcoin was become popular. There are some groups who manipulate bitcoin price as also said "whales" are always their who really into bitcoin. Well if you are in a train you must ride with it and be wise enough to take profit.
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