The manipulators | Bitcointalksearch.org

Gatotare

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Quote from: hunnaryb on December 06, 2015, 02:28:45 AM

You can't kill BTC by dumping it to ridiculously low prices. The price isn't what makes BTC valuable anyway. Unfortunately too many people care only about the price.

The price is an indication of viability of bitcoin. For the time being, if the price is below $50, it means bitcoin is dying. In 10 years, if the price is below $5000, it means bitcoin is dying.

hunnaryb

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You can't kill BTC by dumping it to ridiculously low prices. The price isn't what makes BTC valuable anyway. Unfortunately too many people care only about the price.

BTC_Markets

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It's true that the market cap is small and can 'theoretically" be manipulated by large players. But also keep in mind that there is not a "consortium" of manipulators - they don't go out and all agree to set price and dump or pump at specific times - that is just conspiracy theory that market noobs (not just in btc market but any market) like to repeat.

The competition between manipulators (large players or whales) almost certainly assures that one player cannot always win or control where price is going to go. in fact in some cases manipulators or whales may be as clueless as noobs are - I am willing to bet many mutli-millionaire teenage early adopters are now out speculating and trying to grow their stash and don't really know what they're doing.

In any case any manipulation is short-lived e.g. it's very hard for a manipulator to set a month-long trend.

Jiamaf

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Quote from: shkiser on December 05, 2015, 01:37:42 AM

I thought bitcoin couldnt be manipulated.

Why? It's easy to control this market if you are ina group of whales.

The market cap of bitcoin is too small. It is easily manipulatable if those whales have $0.5 billion worth of money.

gentlemand

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Welt Am Draht

Quote from: Amph on December 05, 2015, 10:02:43 AM

low volume is relatively, low volume in comparison to big volume like those on chinese exchange, if every low volume exchnage begin to trade at a lower price, the chinese will a dump and start decreasing demand and increase the dumping

Look up the term 'irrelevant'. There are no shortage of completely irrelevant exchanges where the price moves mean nothing beyond their walls. Volume equals credibility.

Amph

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Quote from: ajareselde on December 05, 2015, 06:32:50 AM

Quote from: Amph on December 05, 2015, 05:32:52 AM

Quote from: ?? on ??

Quote from: shkiser on December 05, 2015, 01:37:42 AM

I thought bitcoin couldnt be manipulated.

Why? It's easy to control this market if you are ina group of whales.

especially because many exchange have low volume, so if you manipulate those, then other deman/supply in other exchane will follow because they see that in those exchange the price is cheaper

lol this is nonsense. No one cares about price on exchanges with low volume, and influence of such exchanges on overall supply and demand are zero.
People are trying to manipulate bitcoin, but rare are the ones that want to destroy it, majority wants to mass up their coins and explore profits in volatility.

low volume is relatively, low volume in comparison to big volume like those on chinese exchange, if every low volume exchnage begin to trade at a lower price, the chinese will do a dump and start decreasing demand and increase the dumping

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: Amph on December 05, 2015, 05:32:52 AM

Quote from: ?? on ??

Quote from: shkiser on December 05, 2015, 01:37:42 AM

I thought bitcoin couldnt be manipulated.

Why? It's easy to control this market if you are ina group of whales.

especially because many exchange have low volume, so if you manipulate those, then other deman/supply in other exchane will follow because they see that in those exchange the price is cheaper

lol this is nonsense. No one cares about price on exchanges with low volume, and influence of such exchanges on overall supply and demand are zero.
People are trying to manipulate bitcoin, but rare are the ones that want to destroy it, majority wants to mass up their coins and explore profits in volatility.

Amph

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Quote from: shkiser on December 05, 2015, 01:37:42 AM

I thought bitcoin couldnt be manipulated.

Why? It's easy to control this market if you are ina group of whales.

especially because many exchange have low volume, so if you manipulate those, then other deman/supply in other exchane will follow because they see that in those exchange the price is cheaper

shkiser

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I thought bitcoin couldnt be manipulated.

Frost

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Quote from: jertsy on December 01, 2015, 02:35:03 PM

I think they are out to screw as much money out of the market as possible by pumping and dumping. They don't care if it's going to the moon, or if it will die. They don't care if their pumps and dumps eventually kill it, they only want as much short term profit as they can screw out of the market by manipulating all the little fish.

This is the most correct answer. Source: I know a whale who is doing exactly that.

Karartma1

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Quote from: 1Referee on December 02, 2015, 06:54:52 AM

Quote from: Denker on December 02, 2015, 06:31:40 AM

Quote from: Karartma1 on December 02, 2015, 03:55:29 AM

I don't buy it because the market is a mess at the moment. I'm sorry to say it but bitcoin is a safe heaven for speculators of all sorts and as someone else said what they all care about is profit. Bitcoin for them it is just another game to pump their wallets with shorts and stop-losses. To me this is the main problem here

Do you think stock markets out there are any different?
Every market is getting manipulated. Just don't get fooled by the size of these markets.
Bigger markets have bigger manipulators.It's all rigged.

There is no difference. Each market where you can make money, is being manipulated. Indeed as you say, the bigger the markets they play in, the bigger the manipulators are. In Bitcoin a decent whale has probably $2-$3 million in total assets, which I mean as Bitcoin and fiat. Wealthy stock market traders play with hundreds of millions of Dollars, if not more.

Of course I know the stock market makes no difference at all! The thing is that in the stock markets there is, what I call "legalized robbery" while with BTC exchanges, as I already said, to me it seems like a total mess in which bagholders can play as they want. Not to forget that since margin ttrading started is even worse.

Mickeyb

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Move On !!!!!!

Of course they are trying to hoard the most coins possible! Now, the question is are they staying in Bitcoin or are they cashing out to Fiat their speculative profits. You should have put that into your poll.

I really don't see why would they try to kill something that gives them profits at the moment!

RyNinDaCleM

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Legen -wait for it- dary

Quote from: koryu on December 02, 2015, 07:03:40 AM

imo manipulators profit mostly from squeezing margin positions.

There isn't margin to be squoze in the last month or better

koryu

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imo manipulators profit mostly from squeezing margin positions.

1Referee

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Quote from: Denker on December 02, 2015, 06:31:40 AM

Quote from: Karartma1 on December 02, 2015, 03:55:29 AM

I don't buy it because the market is a mess at the moment. I'm sorry to say it but bitcoin is a safe heaven for speculators of all sorts and as someone else said what they all care about is profit. Bitcoin for them it is just another game to pump their wallets with shorts and stop-losses. To me this is the main problem here

Do you think stock markets out there are any different?
Every market is getting manipulated. Just don't get fooled by the size of these markets.
Bigger markets have bigger manipulators.It's all rigged.

There is no difference. Each market where you can make money, is being manipulated. Indeed as you say, the bigger the markets they play in, the bigger the manipulators are. In Bitcoin a decent whale has probably $2-$3 million in total assets, which I mean as Bitcoin and fiat. Wealthy stock market traders play with hundreds of millions of Dollars, if not more.

Denker

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Quote from: Karartma1 on December 02, 2015, 03:55:29 AM

I don't buy it because the market is a mess at the moment. I'm sorry to say it but bitcoin is a safe heaven for speculators of all sorts and as someone else said what they all care about is profit. Bitcoin for them it is just another game to pump their wallets with shorts and stop-losses. To me this is the main problem here

Do you think stock markets out there are any different?
Every market is getting manipulated. Just don't get fooled by the size of these markets.
Bigger markets have bigger manipulators.It's all rigged.

Karartma1

legendary

Activity: 2310

Merit: 1422

I don't buy it because the market is a mess at the moment. I'm sorry to say it but bitcoin is a safe heaven for speculators of all sorts and as someone else said what they all care about is profit. Bitcoin for them it is just another game to pump their wallets with shorts and stop-losses. To me this is the main problem here

Amph

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why they should kill it? unless these manipulators are government and bank i can't see the reason behind it, casual big traderrs, all care about profit

so they are clearly accumulating at every new step, and preparing to dump at whatever is their target

newcoins1978

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I they some are afraid of bitcoin and try to kill it. Some try to make a good pump and dump and earn some milllions.

Maybe they want to take over some company before the end of Q4

gentlemand

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Welt Am Draht

Quote from: NorrisK on December 01, 2015, 04:40:38 PM

It would be stupid to manipulate the price in such a way that they would kill bitcoin. They probably have so much more to gain from manipulating, that the last thing they want is for the price to crash.

If you're making a few grand or considerably more per move today I doubt you're too bothered about the outlook in a decade or so. I'll bet there's a few big time traders who only think of BTC as a few numbers on their exchange screen.

Topic: The manipulators (Read 2110 times)