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Topic: Possible to Manipulate bitcoin price?? - page 3. (Read 1143 times)

legendary
Activity: 2282
Merit: 1023
What does this teaches you? Dont trade but simply hold and buy whenever you can more. You will spend some to buy things after price reach old ATH at $20000. If you will try to trade weekly or daily, then sooner or latter you will get burned on this manipulations.
If you are well versed in assessing the risk you can trade and make a ton of money in the short period but the safest option is always holding the coins for the long term, invest when the market goes down and to avoid getting burned you do not necessarily sell when the market goes down, avoid panic selling and everything will be alright and have the patients to hold for a longer period.
legendary
Activity: 2478
Merit: 1951
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I think we should divide the issue of manipulation into short-term and long-term. Obviously, a large holder of bitcoins (or dollars) can affect the price and very significantly in the short term. As for the long-term prospect, a completely different situation is here - the influence of fundamental factors is decisive and no “whale” can surpass them.
legendary
Activity: 2730
Merit: 1288
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 manipulation.

What does this teaches you? Dont trade but simply hold and buy whenever you can more. You will spend some to buy things after price reach old ATH at $20000. If you will try to trade weekly or daily, then sooner or latter you will get burned on this manipulations.
sr. member
Activity: 1274
Merit: 261
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Manipulation is part of the business of cryptocurrency as I have seen also. Sometimes market moves without a reason that has nothing with economic indicator. This simply means fund created in the market. It can be fake information that will create fear or anxiety and the traders starts reaction in making orders.

   It's not only the part of crypto-markets, every market is vulnerable to manipulations, there're many kinds
of manipulations with markets. Stock-market has manipulations as well, and they have regulations and law-
enforcement agencies for that!
   It's possible to manipulate with any price, therefore it's possible to manipulate with Bitcoin price as well.
How Bitcoin price grows, and market cap gets higher I think it will be harder to manipulate with it.
full member
Activity: 1736
Merit: 121
Manipulation is part of the business of cryptocurrency as I have seen also. Sometimes market moves without a reason that has nothing with economic indicator. This simply means fund created in the market. It can be fake information that will create fear or anxiety and the traders starts reaction in making orders.
legendary
Activity: 2716
Merit: 1855
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The possibility of bitcoin price manipulation by an elite whales group will be very profitable. Make good news about bitcoin which will soon be dumped up to $ 100k, making a new conspiracy about the future of bitcoin.

Whatever they can do with the help of the media and they (Whales) pay the media to make the news as they want. When the profits are quite a lot, then they start a massive dump with FUD spread across all media.

As small traders we can only follow the games they make, but we also have to learn how to be Whales and follow their games safely without having to get involved in the FOMO they created.
legendary
Activity: 3024
Merit: 2148
Conspiracies are not as easy to execute as you might think. Imagine a group of whales agreeing to pump the price to some level, let's say $20,000 and then dump it. Then there is a huge incentive for members of this group to sell early and take the most profit. It would take just one whale to sell his stash at $19,000 to bury this plan and ruin the profits for the rest of the group. If you tried in real life to approach a whale and suggest to manipulate the market, they would laugh, because they know it's a stupid idea.

Manipulation happens on smaller markets, like altcoins, where a single entity has enough money to move the market alone.

Also, what might look to you like a manipulation is often just a market being irrational. All markets go through bullish and bearish cycles, and these patterns are especially clear with speculative markets like Bitcoin.
hero member
Activity: 2912
Merit: 556
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I don't mind if the whales manipulate the market. As long as I can take part in that market, I think I will be able to make a profit too, although the profit is not too big as the whales. I think the other market is the same as the crypto market, and we cannot do anything except follow the market, or we leave the market for a while.

We need to adjust or to have the other strategy based on the market movement, so we can use the different method if the market suddenly changes the direction. If we can prepare for the worst thing that can happen in the market, I think we will be okay, and we will have the opportunity to use the time for our benefits.
legendary
Activity: 2296
Merit: 1014
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.
Its not that easy as you described it. In past reasonable amount of money could manipulate market easily. But now when its millions and billions are involved its not that easy anymore.
Sure wealthy or group of rich people can try to manipulate price but its not something that couldn't backfire.
Its not easy job, so in general you just dont care about it unless you trade a lot.
legendary
Activity: 3248
Merit: 1402
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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.
manipulation on the other hand is simply affecting the price on a much smaller scale. it happens in literary any market that you can think of. from traditional markets to any goods you buy and to stock market,... bitcoin is not an exception to this rule either.
I like this distinction. Using this terminology, I'd say nobody has control over the price of Bitcoin. As for manipulations, you're saying that it's about smaller changes of the price (right?), but how small are we talking? 'Cause I could believe that a big company could make the price go 2% up in 24 hours, I'd be hesitant is someone said that a 10% drop is caused by the whales, and I would say it's a conspiracy if we're talking about 15% change or more. The op is talking about 'manipulation everywhere' from 2017 till 2020, and this is something I can't believe in. What would you say?
jr. member
Activity: 126
Merit: 8


In my view, any market can be manipulated though I understand that in other markets regulations can be in place and there are many watchdogs ready to investigate and prosecute if needed. We don't have that yet in cryptocurrency although regulations in different countries are now starting to sprout. We can still consider cryptocurrency (Bitcoin and the rest of the gang) to be a baby, so we might as well expect more regulations to be drawn and implemented as years are to slowly turn. Manipulations can be so creative so there are many ways this can be done and there can be many players involved, all done with the aim of making a profit.
newbie
Activity: 67
Merit: 0
I do not think that anyone other than financial whales can somehow affect the price of bitcoin, except for spontaneous changes in the action of most of the investors
hero member
Activity: 2716
Merit: 552
There's a direct manipulation where whales make massive sell-off and massive buy outs. Thus, causing an impact to the market price. Then there's an indirect manipulation using the speculative tools where blogs and articles are discussing things that could change the market sentiments. Persuading people when to buy and when to sell.
Anyway, It's still up to you how you ride the manipulation when you're already aware about this.
member
Activity: 433
Merit: 13
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Of course they can manupulate bitcoin price when they want to do it and that's a very normal matter in cryto market. So you had better  avoid picnic sell. at first try to understand the whole market condition before buy or sell any cryto currency
legendary
Activity: 3472
Merit: 10611
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.
manipulation on the other hand is simply affecting the price on a much smaller scale. it happens in literary any market that you can think of. from traditional markets to any goods you buy and to stock market,... bitcoin is not an exception to this rule either.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
As the other markets too.

Usual markets do have this manipulation and in bitcoin, we all assume that there is but in the traditional markets, there's a regulation that they are following whilst in bitcoin's, there's none.

Can we do something with that? we just ride them.
legendary
Activity: 2576
Merit: 1043
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With the current market cap of the Bitcoin, it is definitely possible.

Compare to other traditional markets, the total market cap of crypto in general is relatively low so price manipulation can easily happen to Bitcoin. Whales are doing this and they can do this anytime they want. The can also pump and dump any coin in an exchange if they want to do it.

The only way to prevent this at least is to increase the total money that is going to the market. We increase the total market cap of crypto.
legendary
Activity: 1134
Merit: 1598
They're called waves of FOMO and waves of FUD. Whenever one begins, you can almost always expect a pretty major price change. Twitter always shows a sneak-peek of these waves, quick searches of $BTC usually give you a feeling of which of the waves began. You'd be surprised to see how silent and sad Twitter was regarding BTC tweets back in 2015 when BTC was on its biggest downfall..

These waves could easily be started by whales. Own 1-10k BTC and you'd be in easy control over the markets to your own advantage Wink
hero member
Activity: 1890
Merit: 831
Okay , so I would try and explain why I think it is possible to do so .
Reasons:-

Market is controlled by Whales , which accounts for 50% of the total Bitcoins owned by anyone. therefore it is very easy for them to control the prices .

Whales are responsible for pouring out the money and selling Bitcoins changing the price drastically, it have been proven over the years.

In August 2019 , the total number of Whales hit the highest number of wallets considering the past , therefore the manipulation of market will keep on happening for years to come .
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
Yes, It's possible.
Since we know there are some whales holding and trading thousands of bitcoins. they can simple manipulate the price by buying and selling million dollars of bitcoins. Unfortunately, this is happening on altcoins too. A whale or a group of whales manipulating the price to take some advantage out of it.
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