I don't think you understand how pricing works. If someone dumps a large amount at one exchange, the price at that exchange will go diem and the others will not immediately change. That's not manipulation. That's selling btc.
I think that nobody can manipulate the price for bitcoin. Bitcoin depends only from demand on bitcoin. When people will start to sell bitcoins the price will go down and when will be more buyers the price will rise. That's traditional law of the economy.
Topic: The Manipulation is real (Read 3588 times)
I don't think you understand how pricing works. If someone dumps a large amount at one exchange, the price at that exchange will go diem and the others will not immediately change. That's not manipulation. That's selling btc.
I think that nobody can manipulate the price for bitcoin. Bitcoin depends only from demand on bitcoin. When people will start to sell bitcoins the price will go down and when will be more buyers the price will rise. That's traditional law of the economy. 
Day-trading bitcoin seems to yield more profit than holding it for a long time.
The little daily profits have a way of adding up fast
The little daily profits have a way of adding up fast
The daily profits add up until the day you miss something and you get burned big time.
Day trading is a very good business, but it's a very risky one. Some love it, some hate it.
Many think of it as the ultimate method to get rich and jump into it without enough knowledge. *sigh*
A good training is a must to start day-trading, though.
I don't think you understand how pricing works. If someone dumps a large amount at one exchange, the price at that exchange will go diem and the others will not immediately change. That's not manipulation. That's selling btc.
That is right. I do not see much manipulation.
yeah. we only hear day traders crowing about their successes. it's gambling pure and simple and if you throw in leverage it's degenerate gambling.
It depends on how you look at it. Right now there is some sort of panic buying going through the market, but as soon as that is cooling down, then there will be the expected ups and downs.That's what day traders and other regular traders are anticipating on. I am not really a trader myself, but I am glad I am seeing the value of my coins go up.
It's fantastic to see that that all my efforts of collecting as many coins as possible below the $400 levels is paying off big time.
But I must admit that I secured some profits at $810 as it was a perfect timing. Right now my average profits are at least sitting at a level of 120%.
yeah. we only hear day traders crowing about their successes. it's gambling pure and simple and if you throw in leverage it's degenerate gambling.
Day-trading bitcoin seems to yield more profit than holding it for a long time.
The little daily profits have a way of adding up fast
The little daily profits have a way of adding up fast
The daily profits add up until the day you miss something and you get burned big time.
Day trading is a very good business, but it's a very risky one. Some love it, some hate it.
Many think of it as the ultimate method to get rich and jump into it without enough knowledge. *sigh*
I don't think you understand how pricing works. If someone dumps a large amount at one exchange, the price at that exchange will go diem and the others will not immediately change. That's not manipulation. That's selling btc.
You have a point that this is just a product of some dumpers on exchanged. But according to OP. The big drop is happened in a flash and it is not some kind of typical dump on exchange. Notice the unpredictable price increase/decrease. But for me this just a normal event. No manipulation involves.
Day-trading bitcoin seems to yield more profit than holding it for a long time.
The little daily profits have a way of adding up fast
The little daily profits have a way of adding up fast
I think you have to ignore any price rise or fall of less than 10%. This is Bitcoin, it goes up it goes down. Long term trend is currently 6% up per month but this could change at anytime to 20% up or down per month. Unless I see a 10%+ movement per day or a 20% movement in the week I am not interested, and no one else should be unless you are day trading - in which case 90% of you will probably be better off just HOLDING the other 10% will be making good money from it.
I don't think you understand how pricing works. If someone dumps a large amount at one exchange, the price at that exchange will go diem and the others will not immediately change. That's not manipulation. That's selling btc.
I was actually thinking of that since I saw the price changes. The swing is more or less than $40. And it always happen when the price hit more or less than $750 and goes down again by $30-40 and goes up again.n Large swing for me and it happen often.
When a market is small the one with more coins can manipulate the price, that's what happen to bitcoin way back 2013, and now that the market is huge, this one manipulator now form a group to make impact in the market and keep on manipulating the price. Rather than being sour about it, just ride the wave, you will profit from it for sure.
See steam they are now accepting bitcoin and other online stores some of them are accepting bitcoin unlike before.. because they know the price of bitcoin will increase more everytime the population is growing and more investors will come and more stores can accept bitcoin as payment that can support our bitcoin for more users to come.
I was actually thinking of that since I saw the price changes. The swing is more or less than $40. And it always happen when the price hit more or less than $750 and goes down again by $30-40 and goes up again.n Large swing for me and it happen often.
When a market is small the one with more coins can manipulate the price, that's what happen to bitcoin way back 2013, and now that the market is huge, this one manipulator now form a group to make impact in the market and keep on manipulating the price. Rather than being sour about it, just ride the wave, you will profit from it for sure.
What about people in India buying bitcoins for 16% more than the global price?
I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
In india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently. They have nothing to do with the price that we see on preev, or even $1000 speculation. That's the beauty of bitcoins that it can be sold for separate rates at different places.
if someone has still the old fiat of india RS 500 and 1000 note, after the ban he can still use it for a short amount of time, they are still worth something, they are not banned immediately, so it make sense for those people to buy at higher price
I was actually thinking of that since I saw the price changes. The swing is more or less than $40. And it always happen when the price hit more or less than $750 and goes down again by $30-40 and goes up again.n Large swing for me and it happen often.
D-oh of course it's manipulation it's all there is left of bitcoin.
When you have a product that is flawed and doesn't work... isn't secure, is slow, doesn't scale, isn't being developed, is owned 95% by less than 10 people, is technically controlled by those same people... and is still hyped and "worth" hundreds of dollars, you have to be some very special kind of ignorant wacko to think that's legit and not manipulated.
When you have a product that is flawed and doesn't work... isn't secure, is slow, doesn't scale, isn't being developed, is owned 95% by less than 10 people, is technically controlled by those same people... and is still hyped and "worth" hundreds of dollars, you have to be some very special kind of ignorant wacko to think that's legit and not manipulated.
In india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.
Actually in india people can't just use their cash to deposit in exchanger based on other countries due to strong foreign currency regulation they have. So as there are not much bitcoin within india but demand is very high which is ultimately making bitcoin price to surge within their local bitcoin trading platform.I think this can be taken as huge artificial price rise by some bitcoin whales based on india as they can easily limit the total supply of bitcoin within india. In other words bitcoin holders are taking this opportunity to grab more profit on their bitcoins.
The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently.
Not all people who choose to avoid banks are criminals and not all anonymous money is black. Probably the majority of the Indians' money flooding into Bitcoin recently was hard-earned.
Only in certain cultures are banks considered to be the "normal" place to store wealth. Indians have always favored physical gold for example as a way to store wealth long-term.
Not everyone lives (or wants to live) in the kind of oppressive regime where the government spies its citizens and monitors their individual holdings.
What about people in India buying bitcoins for 16% more than the global price?
I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
In india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon.I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
The ones who are buying bitcoins at that price are the ones who had black money in their pockets, because their government has banned higher denomination notes currently. They have nothing to do with the price that we see on preev, or even $1000 speculation. That's the beauty of bitcoins that it can be sold for separate rates at different places.
What about people in India buying bitcoins for 16% more than the global price?
I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
In india there are buying 1 bitcoin at the price of $950 or more than the price of global price but some indians are really smart buying bitcoin some of them are scammers hahaha they think that they can manipulate people too. But if there are going to be a trader they are going to be a pumper soon. I think the sheeps goes together, when the price start to increase, everyone buy and hold, buy and sell for a higher price...
I really don't if there's just "one"(few) people behind it.
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