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Topic: Possible to Manipulate bitcoin price?? - page 2. (Read 1080 times)

hero member
Activity: 2912
Merit: 642
Lots of money is needed to do that.
Billionaires won't spend on that high risk anymore. They are thru with those kind of deals.
Playing safe will be better.
But, if it will a group of millionaires then it could be done.
Where could you find one?

Manipulation can be done with high risk mostly, I bet they are having a hard time to buy back by now if they sold it somewhere in this line.
sr. member
Activity: 2310
Merit: 366
It may be possible but more often the manipulation that we think is happening in the Bitcoin market is just our imagination.

It is not easy to manipulate a market which is trading around the world in tens of billions in USD every 24 hours.

Sometimes we are just too paranoid. Sometimes we are just too overthinking of the price movements of Bitcoin.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Its been happening not just to crypto market though. Penny and stock market whales had been doing it as well in there that they spread fud to a company and then when the price dips, they buy the cheap stocks from the ones who panic.

The price of BTC to go up can somehow be manipulated too. Look how much it can grow in such a period of time and suddenly drops again. But of course Demand and supply still affect especially because of halving.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
It applies to every market, as long as there are whales in a market there will always manipulation not only on Bitcoin but also on other coins, there was a time that a whales or group of whales manipulate the market, to crash the market, some small investors make profits from that, in my own opinion it's ok that the price crashes because that is the best time to always buy that you want to buy.
full member
Activity: 1638
Merit: 122
Shortly: It is definitely possible!

There are always manipulations, from whales, from exchanges on any financial markets, not only crypto market and crypto exchanges. Have you ever thought why we have news, real, fake, delayed ones? In addition, news always bring markets move up or fall down.

but for the crypto market the manipulation level has risen to another level. It seems that every activity of the whole market is manipulated by a group of whales. They control the market and all coins follow it. This is an unacceptable thing.
As for other financial markets, it has the limits of trading. and whales only dare to manipulate in one or two businesses, it is not capable of manipulating the whole market. This is something to compare and condemn in the crypto market.

We don't have any proof if there are certain groups of big whales manipulating the market since there's no any foot tracks directed it unto them but the one I see for the past years is manipulated by creating fuds which can create panic to the people to sell. But if this really happened already then we are playing on bad market and bitcoin will have no future since its manipulated as you said.

proof ? if you saw huge transaction outgoing or incoming then that is already a proof that its whale  . there are also articles and blogs about whale . they discuss if what they do on the market  . about the fuds , only weak people are only will be affected  .

fuds isnt serious than whale manipulation. . btc market isnt bad and manipulation isnt a bad thing too because this makes the volatility work . we can buy and selll depending on where the manipulation goin
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Shortly: It is definitely possible!

There are always manipulations, from whales, from exchanges on any financial markets, not only crypto market and crypto exchanges. Have you ever thought why we have news, real, fake, delayed ones? In addition, news always bring markets move up or fall down.

but for the crypto market the manipulation level has risen to another level. It seems that every activity of the whole market is manipulated by a group of whales. They control the market and all coins follow it. This is an unacceptable thing.
As for other financial markets, it has the limits of trading. and whales only dare to manipulate in one or two businesses, it is not capable of manipulating the whole market. This is something to compare and condemn in the crypto market.

We don't have any proof if there are certain groups of big whales manipulating the market since there's no any foot tracks directed it unto them but the one I see for the past years is manipulated by creating fuds which can create panic to the people to sell. But if this really happened already then we are playing on bad market and bitcoin will have no future since its manipulated as you said.
hero member
Activity: 994
Merit: 503
Shortly: It is definitely possible!

There are always manipulations, from whales, from exchanges on any financial markets, not only crypto market and crypto exchanges. Have you ever thought why we have news, real, fake, delayed ones? In addition, news always bring markets move up or fall down.

but for the crypto market the manipulation level has risen to another level. It seems that every activity of the whole market is manipulated by a group of whales. They control the market and all coins follow it. This is an unacceptable thing.
As for other financial markets, it has the limits of trading. and whales only dare to manipulate in one or two businesses, it is not capable of manipulating the whole market. This is something to compare and condemn in the crypto market.
full member
Activity: 266
Merit: 108
In order for a whale to tank Bitcoins price by even a tiny %1 they would need to sell suddenly $1,700,000,000 dollars. I just dont see it, altcoins with a lower market cap much easier.

Yes one billion and 700 million is %1, and IF a whale dumped this much what would happen?

BTC price would go from $9500 to $9405 dropping $95 or %1
full member
Activity: 2394
Merit: 202
★Bitvest.io★ Play Plinko or Invest!
Manipulating bitcoin price is easily possible & Controled by big fish Trades, whales & holders. If we notice bitcoin chart from January 2017 to till 2020, Eerywhere  indicates manupulation.
This has been the case for long time now,i remember since i am new here there are many accusation of Bitcoin price being manipulated yet nothing proves it right all is speculations.so one thing is certain if you doubt investing then don't do it,simple as that.
After making market bullish, they told us a fairy story that bitcoin is illegal.
Can be stolen by hackers, Reasons for money laundering and so ban by
 usa, china, india or bla bla bla. Then people sell their hodling share to
 save theirs balance and thus market drops.
actually whose who?seems that you wanna say that Whale are talking?
lol there is no such thing only topics here in forum explains those but in the end?no proofs at all
Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin  again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all.  I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then..... Cheesy
actually all your pointing here is speculative and none speaks the truth but
of course we will respect your sentiment but we will stay supporting Bitcoin.
sr. member
Activity: 1330
Merit: 326
We know that already. The manipulation is obviously taking this market. Despite of it, we are still here. We are playing the cards and go with the flow in crypto market because we believe that we can still be successful and will have positive gains, right?
 
 We just need good risk management plan, alternative plan and other tools that wr need to handle this manipulation.Pump and dump is not actually new, since whales can actually manipulate the market, we may dance with it then.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Quote
also owners of large mining facilities powered by renewable energy,

We're going to criticise people who make investment, take risk and engage time and effort into operations to enable Bitcoin to confirm securely not knowing the if the price will support their money spent in the next 12 months or not.    Because to me that sounds alot like capitalism, you risk capital you expend effort and then if you were correct in the market and with some luck there is profit.    Thats not a fake market or somehow a puppet master operation, the BTC blockchain network is way larger then all of us.  
   The only real danger is when one pool gets to be more then 50% of the hashing power and thats not been recently true so far as I know, if that happens you have the idea they can fake transactions or divert funds though it'd destroy all faith and pricing in BTC so is incredibly unlikely.      Lets consider first the biggest manipulator of currency in the world which is Federal Reserve which swears its doing it for the good of economy, even if I believe them on that they are still very much a centralised and deliberate manipulation of other peoples cash.   That system is where waves from any whales come from.
hero member
Activity: 2926
Merit: 722
CoinPoker.com
Manipulating bitcoin price is easily possible & Controled by big fish Trades, whales & holders. If we notice bitcoin chart from January 2017 to till 2020, Eerywhere  indicates manupulation. After making market bullish, they told us a fairy story that bitcoin is illegal. Can be stolen by hackers, Reasons for money laundering and so ban by usa, china, india or bla bla bla. Then people sell their hodling share to save theirs balance and thus market drops.
 Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin  again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all.  I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then..... Cheesy
Get used to it because not only on cryptocurrency market where manipulation do happens even on forex and stocks too.Good thing that you are able to scope up those things happening around on which some people arent really that aware on.Its just normal for market manipulators or in short whales would really make movements for them to benefit out.

Market is really just composed of sellers and buyers which basically means the money that circulate around the market would really be in just between two place.Losses and gains are part of it.
Being a small trader doesnt mean that we do have the disadvantage most of the time.We can still ride in the waves just like whales if you do just know on how to spot out the
correct moment on where to enter or when to get out.

My primary rule is "Buy the rumor,sell the news"
member
Activity: 854
Merit: 12
arcs-chain.com
I have no doubts that the price can and is manipulated, and those whales are also owners of large mining facilities powered by renewable energy, making things even easier, they spend money pumping the price, but then they have a huge profit selling most of their BTC at crazy prices, only to buy everything back dureing the following bear season...
people speak a lot about economy and charts, but in such a small market as crypto, that just do not apply... whales send a signal, the chart gurus spread it around, then whales play with traders and get profit... the cycle of BTC
legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
Quote
Market is controlled by Whales , which accounts for 50% of the total Bitcoins owned by anyone

50% of BTC is not owned by whales.    Its the most widely distributed crypto blockchain that is available so far as I know~

I agree that almost everyone has had the opportunity to purchase bitcoin during these years. But if we compare the number of existing bitcoin users and those users who should buy it when mass adoption occurs, then your statement becomes far from obvious  Wink
Perhaps from the point of view of new users, even ordinary users like us will be considered whales  Cheesy
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
That is what I have said for years but nobody cared about me, I have been around here for 5 years and I have seen every method possible and ever since this coin offering idea started the projects started to be less and less decentralized but for some reason everyone still invests. I am sorry but if you are giving me the coin in exchange of bitcoin, I am not buying.

I want the miners to do it. Remember how ethereum got created? Remember dash? Litecoin? Monero? All of those coins literally published their wallet in order to start and that resulted with coin being out there. Nobody premined it, nobody controlled it, there wasn't any coin at all in the market on day 1, and miners mined it to create that coin from scratch. Hell low marketing low effort coins was so unknown that they had to rent rigs to mine their own coins to get it, they didn't premine it to themselves, so they had to spend from their own pockets to get their own created coins.
sr. member
Activity: 2002
Merit: 250
it seems like this time the price of bitcoin is difficult to manipulate, because the impact of Halving is very heavy, the manipulation can be a big investor, but the miners will not let the price of Bitcoin fall so far, and that's good, manipulation will disappear from Bitcoin hopefully
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
It is possible to manipulate bitcoin price, but I don't think that the whales can move all of the exchange at the same time because that will risk a huge bitcoin amount, and I don't think that the whales want to do that. Maybe they can move the bitcoin price at one or two exchanges, and I think we can get besides on them to take the profit too because if we can analyze the price, we will get the good sign to buy bitcoin. But it is difficult to know when the bitcoin price will move so we could only be careful of what will happen in the market.
hero member
Activity: 1722
Merit: 528
there is a huge difference between "control" and "manipulate" and you are confusing the two together.
controlling price is what is happening in the altcoin market where the premine owners, the company that owns and controls the altcoin, or the big altcoin whales (in some cases a small whale) can change the price at any time and with any percentages in any direction that they want. this is called control.

This is the correct answer here.

But since we are talking about control, we can relate this to decentralization, right? Since these owners can "control" the price, then can we still call altcoins decentralized? There are altcoins that are centralized but there are those that are still controlled by the owners. The long-running altcoins, are they still under manipulation or control?
hero member
Activity: 1624
Merit: 500
that might be possible, but only the pope can do that. Well, I hope they immediately manipulate or increase the price of bitcoin or altcoin. however, when the price rises, it is the real thing. You can sell or hold the assets that you have at the time. when you sell it at a price when it's high, the manipulation can make you profit. so far there are only theories, but we don't really know whether prices are really being manipulated or not.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Quote
Market is controlled by Whales , which accounts for 50% of the total Bitcoins owned by anyone

50% of BTC is not owned by whales.    Its the most widely distributed crypto blockchain that is available so far as I know, probably from being around so long and being sold off so often which has given everyone and his dog the chance to buy some if they wanted.    Its possible for short durations and in limited scope to influence the price but the problem is with constructing a false narrative in the price is the market will disagree and a leak springs out from your marvellously constructed fake price, soon its a water fall of orders contrary to what you wanted because quite a few BTC and they'll do whatever they feel like with it.
    BTC is volatile but I dont see it as especially fake, its very often selling often after a gain and it springs back up after a sell because the supply is limited and known where as FIAT currency is constantly being thrown out in new quantities by central authorities which creates loose money and price has risen in BTC quite easily I guess.
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