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Topic: The Manipulation is real - page 3. (Read 3588 times)

hero member
Activity: 1204
Merit: 500
November 23, 2016, 11:27:53 AM
#32
Well, I guess manipulate the price really can do. it could probably be done by major companies that have very many bitcoin, but I am pretty sure the current price rise is not subject to manipulation, since this is proof that bitcoin has become popular, so the current price rise is not due to manipulation
hero member
Activity: 1372
Merit: 503
November 21, 2016, 09:23:49 AM
#31
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !
The price of bitcoin was really amaze me and i can't even know that it will hit on that point but the priice of bitcoin will be back just wait this is just a part of bitcoin decreasing the price and it will be increase soon that's why there are traders to control it and to buy more bitcoins even they manipulate it to make money too.
legendary
Activity: 3122
Merit: 1398
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November 21, 2016, 09:17:55 AM
#30
Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise  Huh or is that too paranoid sh*t lol  

Might be influence caused by an attempt of manipulation. Yes basically riding the current trend to prevent being a "missed one". If does, then the manipulation is succesfully executed.

When there is a big price movement whether to increase or decrease, let's say minimum of $10-$15 margin movement "in just a matter of short time", it can cause a big impact. After such rapid increase, expect a some price dips and with that amount stated it can caused a tremendous price decrease while on the other hand, that amount can also triggered price increase. With people riding the waves, they are helping the trend started by those people involved in starting that trend.

Just my own view as I don't see any major news to considered as great factor why the price today behaves like that.
FxR
member
Activity: 91
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Take back what's yours
November 21, 2016, 09:02:19 AM
#29
Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise  Huh or is that too paranoid sh*t lol  

I'd love me some good theories. But honestly, I think a lot of people just decided to sell it all at once, because it fluctuated around $750 so much (going slightly down, slightly up). That caused the price to drop pretty quickly.

Now that the prices were lower again ($714 I believe), people bought it again and so the cycle continues.
Hopefully we'll reach $1000 again in January 2017.
hero member
Activity: 1470
Merit: 655
November 21, 2016, 09:00:49 AM
#28
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

bitcoin is still small so it becomes a lot easier to manipulate the price even with a small news or a very small nudge on the price to go down or up but i wouldn't worry or call it manipulation in a topic just because of a $30 or so change! this is regular for me when it comes to bitcoin Smiley
hero member
Activity: 1050
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November 21, 2016, 08:49:46 AM
#27
Its back to $736 right now, I'm not sure if its just normal trading influence or if there is really some manipulation going on, but if its manipulation that it seems one group wants BTC to fall while the other group wants its to rise  Huh or is that too paranoid sh*t lol  
legendary
Activity: 1596
Merit: 1011
November 21, 2016, 08:00:03 AM
#26
bitcoin price movements in my opinion is full of manipulation. sometimes a lot of great players who could control. I was quite worried when not everyone has access to bitcoin.
legendary
Activity: 2170
Merit: 1427
November 21, 2016, 05:59:50 AM
#25
It's a group effort by very wealthy traders across different exchanges to shake off weak hands. It happens quite regularly, which lends itself perfectly for people taking benefit of these price swings. If you do it well, and you have a trading balance of at least 20-30BTC for regular buying and dumping purposes, then you could have made yourself an easy $300-$350 in a matter of a few hours. Manipulation is always real. Without this manipulation causing volatility, traders wouldn't bother to jump into Bitcoin trading as much as is the case right now.
full member
Activity: 140
Merit: 100
November 21, 2016, 05:47:10 AM
#24
Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.
very difficult to predict all of this. because bitcoin is designed for highly mobile and very difficult to predict. there must be consequences for getting better results.

Yes indeed that's why most big traders tend to manipulate the prices all by themselves. And that affects the small time traders tremendously which ironically comprises more than half of all bitcoin traders
legendary
Activity: 1162
Merit: 1000
November 21, 2016, 05:13:39 AM
#23
Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.
very difficult to predict all of this. because bitcoin is designed for highly mobile and very difficult to predict. there must be consequences for getting better results.
legendary
Activity: 3542
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November 21, 2016, 04:07:56 AM
#22
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

Do not look at the short term volatility and panic, because it's loaded with mini pump and dumps. The long term is a much better indication of what is happening, because it gradually grows stronger over time. Just a year or more ago, it was averaging out at +/- $400 and now it is in between $600 to $700.

The day traders are making a ton of money, playing off these mini Pump n dumps, but it is not for the weak at heart. 
full member
Activity: 140
Merit: 100
November 21, 2016, 03:56:35 AM
#21
Unless real significant news about btc will arise and alter the price, this kind of volatility will always come and go especially when most bigtime speculative traders do a pump and dump strategy, although it hurts a lot of small traders but in the end we all know this is how it goes ever since.
legendary
Activity: 994
Merit: 1000
November 21, 2016, 02:03:33 AM
#20
-------cropped---------
It has nothing to do with India cash news. Feel free to share your thoughts !
Obviously the volume indian bitcoin exchange platform is not that big to put any effect on global bitcoin market.

Looking at the current swings, i am also quite sure that this can't be anything other than pure manipulation. But in long terms whales even can't hold bitcoin price down.

Every price correction/dump is opportunity to buy more for long term holding.
legendary
Activity: 1652
Merit: 1000
November 21, 2016, 01:23:09 AM
#19
i dont think this is about indian cash news and i personally always believe that there are big manipulations for bitcoin price which is conducted by some of millionaires that's why i could not do anything if the price dropped or rise up with rapidly especially on cryptocurrency anything could be happen and those millionaires always will utilize recent issues are being discussed in the world to manipulate bitcoin price
hero member
Activity: 756
Merit: 505
November 21, 2016, 01:04:05 AM
#18
In my opinion, this is just because bitcoin prices are well driven by supply and demand for it and no other. Also, since the population of bitcoin users, buyers and sellers is still tiny compared to other traded securities, stocks, currency, etc., hence the fluctuation is noticeable.
hero member
Activity: 1302
Merit: 540
November 20, 2016, 11:57:52 PM
#17
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

i stopped believing that India is the reason when i found out they were talking about localbitcoins prices not a real Indian bitcoin exchange service for example.

and about the price, this always happens, so it is normal. the $30 fluctuation even up to $50 has been a normal thing with bitcoin. whenever there is a rise, there is a cashout too so that whales can take out their money and then buy back in lower price (e.g. sell at 747 buy at 715)
and that's why we called them whales because they really can do manipulation so better to play with them buy when the price still cheap then sell when we see some crashed is happening then buy back its only a matter of timing and good assessment how to play with the fluctuation the thing is we should know when the whale will attack the market and make the moves.
legendary
Activity: 3472
Merit: 10611
November 20, 2016, 11:48:11 PM
#16
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

i stopped believing that India is the reason when i found out they were talking about localbitcoins prices not a real Indian bitcoin exchange service for example.

and about the price, this always happens, so it is normal. the $30 fluctuation even up to $50 has been a normal thing with bitcoin. whenever there is a rise, there is a cashout too so that whales can take out their money and then buy back in lower price (e.g. sell at 747 buy at 715)
legendary
Activity: 3528
Merit: 7005
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November 20, 2016, 11:18:19 PM
#15
OSS, the bitcoin market is a wild one--but it's only a $10bln market.  That's pretty damn small, relatively speaking.  Bank of America is $200bln, Coca-Cola is $175bln.  So yeah, it could be a bitcoin whale, or it could be a bunch of medium or small sellers/buyers, who knows?

Every time a stock or precious metal or commodity takes a huge dump, the conspiracy-minded folks start screaming about manipulation.  Well how about the bull market we've had that brought us to bitcoin at $750, or the Dow at 19,000?  Do people think that's manipulation as well?  Any time you buy and sell, you're affecting the market (however small).  I have a hard time believing that this recent price action is some sort of concerted effort on someone's part to drop the price. 

I also think it was a group of muslims who flew planes into the World Trade Center, but that's crazy I know...
legendary
Activity: 1036
Merit: 1000
November 20, 2016, 09:53:15 PM
#14
Of course the manipulation is real. I'm just surprised at how late you realized it. I guess it's better late than never. I'm laughing at those who still claim it's all supply and demand, market volatility, blah blah blah, such stupidity abounds here on this stupid forum.
legendary
Activity: 1232
Merit: 1091
November 20, 2016, 03:02:20 PM
#13
The price has been subject to manipulation from the very beginning. Weird that you come to the conclusion that the price is being manipulated right now. No price level is safe from being demolished. This volatility is what traders are anticipating on. It's well known that the price can't be maintained at these levels for long.

And I guess (as I have already write in this thread) in the next days price will rising again.

It definitely might go up again, but the price is stuck around the $750 levels as there is no upwards potential from that point. Even if we do go to that level again, we'll see another dump like we are experiencing today. That's why these levels are great to secure profits at, or choose to keep holding.
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