The Manipulation is real - page 4. | Bitcointalksearch.org

Amadues

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Well in the last hour price is raising again. From bitfinex 6:45 pm price was 711 $ - now is 725 $.
Bitcoin price volatility is "normal for bitcoin" .

Quote from: richardsNY on November 20, 2016, 02:47:22 PM

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.

richardsNY

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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.

Amadues

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Quote from: OmegaStarScream on November 20, 2016, 02:04:17 PM

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 holidays are coming! Also reach people decide to buy gifts for their parents!

Cheesy

Ok I am just kidding, but when there is a good pump, some traders could decide to close their position and get the money. THat's it.
Maybe a big whale today decide to short some btc ! I think in the next days (or in one week) we can see again price rising up!

btcdevil

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Quote from: OmegaStarScream on November 20, 2016, 02:32:54 PM

Quote from: Racey on November 20, 2016, 02:13:12 PM

Dont see why the markets have any influence on bitcoin at all or any other that involves fiat.
If you can tell me otherwise I would be grateful.
Isn't bitcoin supposed to be independent from Fiat currencies?

It is but Bitcoin is also based on supply and demand , If (for example) governments makes something to their citizen and don't allow them to withdraw most of their cash from banks etc... people will eventually want to switch for something else where they have more freedom (Bitcoin in this case) and the price will logically increase as there is more demand. As for the manipulation by millionaires as I said then they are Bitcoin holders themselves.

Ya it is true that their are big whales and some Chinese exchanges which are manipulating bitcoin price but their is also one more reason of Indian users who are now converting their fiat currency to bitcoin so that they can clear their black money

BingoDog

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So, you are stil going to school? I know it's irrelevant, just noticed that you are obviously very young Bitcoin user.

I don't agree this is necessary a manipulation. The price is determined by market, supply and demand and volatility is natural process.

Racey

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Soon, I have to go away.

Quote from: OmegaStarScream on November 20, 2016, 02:32:54 PM

Quote from: Racey on November 20, 2016, 02:13:12 PM

Dont see why the markets have any influence on bitcoin at all or any other that involves fiat.
If you can tell me otherwise I would be grateful.
Isn't bitcoin supposed to be independent from Fiat currencies?

It is but Bitcoin is also based on supply and demand , If (for example) governments makes something to their citizen and don't allow them to withdraw most of their cash from banks etc... people will eventually want to switch for something else where they have more freedom (Bitcoin in this case) and the price will logically increase as there is more demand. As for the manipulation by millionaires as I said then they are Bitcoin holders themselves.

I would love to give them a piece of my mind, you know plenty of curse words.
Greedy mofos same people who manipulate fiat cant help themselves, they want a piece of all the pies.

And thanks Omega.

alyssa85

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Or it might be that some people just took profits. No-one ever got poor from taking profits.

OmegaStarScream

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Quote from: Racey on November 20, 2016, 02:13:12 PM

Dont see why the markets have any influence on bitcoin at all or any other that involves fiat.
If you can tell me otherwise I would be grateful.
Isn't bitcoin supposed to be independent from Fiat currencies?

It is but Bitcoin is also based on supply and demand , If (for example) governments makes something to their citizen and don't allow them to withdraw most of their cash from banks etc... people will eventually want to switch for something else where they have more freedom (Bitcoin in this case) and the price will logically increase as there is more demand. As for the manipulation by millionaires as I said then they are Bitcoin holders themselves.

European Central Bank

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it never had anything to do with india other than an excuse for a pump by no one new. same goes for cyprus, greece and plenty of stuff in the future too.

InvoKing

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✋(▀Ĺ̯ ▀-͠ )

Quote from: OmegaStarScream on November 20, 2016, 02:04:17 PM

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 !

$732-733 in the Chinese exchanges and around $715-721 In the other ones. Manipulation? Maybe. Trading et al. sure.
That is bitcoin and it will remains like that

Big whales, where is kwukduck? Tongue

Racey

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Soon, I have to go away.

Dont see why the markets have any influence on bitcoin at all or any other that involves fiat.
If you can tell me otherwise I would be grateful.
Isn't bitcoin supposed to be independent from Fiat currencies?

OmegaStarScream

staff

Activity: 3500

Merit: 6152

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 !

Topic: The Manipulation is real - page 4. (Read 3623 times)