Topic: Us government has start probe in manipulation in value of cryptocurrency . (Read 557 times)
July 10, 2018, 12:29:51 PM
Blockchain technology was developed in the initial decade of the twenty first century and has been expanding into different scripts of the global severy since, its inclusion into the financial sector in the form f cryptocurrency is just another example of its potential
June 16, 2018, 11:11:52 AM
As far as this is a nagetive news it will definitely going to affect the price of bitcoin and cryptocurrencies. USD proving of the manipulations of bitcoin price is still another plan to bring bitcoin price down. However I know bitcoin is very strong and it can face a lot of opposition and it has fight a lot of fights and still remains strong.
June 16, 2018, 10:59:10 AM
I think it has already been discovered that tether had artificially inflated the price of bitcoin, but it has not been made into an official prosecution. This paves the way for a better stable coin and hopefully bitcoin will grow more organically unlike last year's pump
June 16, 2018, 10:49:22 AM
I think they are focusing on ICOs and alt-coins, which are generally scams about manipulating price, supply, etc. It would be very healthy for the crypto world if they locked up a bunch of these scammers.
Yeah I agree. ICO's and new Altcoins should be regulated because as what you have said bunch of scammers try to manipulate prices, supply etc. They are the major problem with investors arround the world that is why some people refuse to get into cryptocurrency investments. I do hope that governments will help us with this never ending issue in this crypto industry to further guarantee us our safety.At the end of the day, fraud is illegal whether or not Bitcoin is regulated. There is no defense against committing fraud with Bitcoin just because the government doesn't officially regulate Bitcoin like it does banks or stock exchanges. People committing fraud are breaking the law, and the government has an interest in prosecuting those people. Anyone who disagrees with the government rooting out fraud in Bitcoin exchanges is probably either committing it or profiting off it in some way. We're 9 years into this now, and there have been far too many scams, thefts, and frauds. It's time those people are targeted.
June 13, 2018, 04:17:11 AM
I think they are focusing on ICOs and alt-coins, which are generally scams about manipulating price, supply, etc. It would be very healthy for the crypto world if they locked up a bunch of these scammers.
Yeah I agree. ICO's and new Altcoins should be regulated because as what you have said bunch of scammers try to manipulate prices, supply etc. They are the major problem with investors arround the world that is why some people refuse to get into cryptocurrency investments. I do hope that governments will help us with this never ending issue in this crypto industry to further guarantee us our safety. 
June 13, 2018, 02:54:34 AM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
While I do not remember reading any reports like that I always assumed governments will try to manipulate the price of bitcoin, the problem is that it is a lot harder than they think if they buy bitcoin to crash the price later they will be investing huge amounts of money only to lose them later and while they can afford that right now, as bitcoin becomes more valuable then that manipulation becomes more expensive.https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
Moreover, since all exchanges is not regulated by the U.S, which may be a challenge and we cannot expect any big impact due to these probe by US government. A decentralized system will evolve manipulation and trouble free only when it will being operated through a transparent system. Until we may need to bear the manipulations and other similar troubles.
June 11, 2018, 12:50:52 PM
This will benefit us, i think. Price manipulation is evident in the price of bitcoin. If whales sell their coins (which owns a huge part of the total bitcoin population), then certainly it will impact the price of bitcoin. If the US government will find out about price manipulation, i just hope it will stop. So that bitcoin will not stop from growing.
Just because a whale sells a large amount of bitcoins and the market price is materially impacted doesn't mean that there is manipulation at play. Price is a function of both supply and demand, and when a large amount of coins are listed for sale, it increases the amount of supply and decreases the amount of demand as those orders are filled. This naturally moves the price down as you would expect and there's nothing manipulative about it. The type of manipulation being discussed and investigated is that in which large traders engage some artifice like spoofing to trick the market into thinking something is happening when it is not, such as pretending to list a large amount of bitcoins for sale in order to make supply look larger than it is but removing the order before any sales take place, thereby affecting the price without actually selling anything. These types of orders are fraudulent under the securities laws, and this is what the government is looking into with crypto now.
June 10, 2018, 07:58:23 AM
This will benefit us, i think. Price manipulation is evident in the price of bitcoin. If whales sell their coins (which owns a huge part of the total bitcoin population), then certainly it will impact the price of bitcoin. If the US government will find out about price manipulation, i just hope it will stop. So that bitcoin will not stop from growing.
June 10, 2018, 04:14:38 AM
I think this is good for cryptocurrency market in the future. With investigation on price manipulation, it will creating healthy market and investor more confident to investing their money. Maybe in short term, it will affecting on bitcoin movement but in long term, it will make market more competitive
June 10, 2018, 03:53:08 AM
This is the sad reality,thats why this scumbags continues to victimized investors and specially campaign participants who serves as instruments to gather potential victim because of their advertisements.
I have nothing to suggest instead i will Pray that someday this illegal works of this people might end and karma comes to them as part of their sins to others
This is so embarrassing for this human race that we never ever retained something so piety, virtuous and clean. We always want to demoralize and victimize the thing and want to inject out the best results illegally. Right now, hundreds of people are just doing this. Despite being decentralized, bitcoins are still being damaged internally and externally and that is so hilarious.I have nothing to suggest instead i will Pray that someday this illegal works of this people might end and karma comes to them as part of their sins to others
Honestly, it is painful as this keeps bringing a bad name to the whole community and giving us even more reasons why despite having a decentralized market in our hands, we just have to accept the fact that regulation and some laws in place, will help clean up some annoying activities.
I am not going to consider the government's interventions as a big thing for stopping the progressive growth of cryptos and its community. I believe into the basics of cryptos to withstand any kind of threads hence against this too.
June 10, 2018, 03:52:25 AM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
Government will not be able to manipulate cryptocurrency forever because there are different market's online and taxes will not be implemented since there are transaction fee's already.
June 10, 2018, 03:46:55 AM
it greatly affects bitcoin prices, they manipulate prices so that prices can be controlled. but to do so requires substantial funds. I think it can only be done by people who have big capital.
Well, it is something most of us are already getting used to, most especially as traders, and the truth is manipulated markets can actually be annoying and I do hope things like this will be fixed at the end.Apparently, it is mostly done by those with huge capital, so as to be able to convince or rather confusing most especially traders into getting into a market and then clamping down on them. Since we have a decentralized market with no rules and so on in our hands, things like this are expected anyway.
June 10, 2018, 03:39:21 AM
Of course, the price was manipulated. Anytime there is an opportunity to manipulate the price of an asset and make a quick buck, somebody does it.
Long-term effects? Tight regulation on crypto trade.
Long-term effects? Tight regulation on crypto trade.
June 05, 2018, 03:04:33 PM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
It is a really good initiative taken by the government and it will have an immediate effect on the price manipulation and we will have a stable movement in the future without any undue price rally in both directions, if they find out the manipulation how they are going to handle things is interesting and they might impose huge fines for the people behind it. June 05, 2018, 02:59:38 PM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
I think that this is an attempt to solve the problem that the market is facing today and that is the existence of many ICOs that are legitimate scam, which are flooding it, they are creating fake purchases on tokens and coins just to trick traders into investing in them which lead to manipulating the market in a way, and this might have a big influence on the bitcoin price maybe not immediately but in the long term. https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
June 05, 2018, 01:50:38 PM
But the US govt can't control every exchange, especially the ones out of The US which have nothing to do with the SEC or CFTC
I think they are just wasting their time trying to control every exchange. Instead of probing into the so-called "illicit tactics" of crypto traders, why not they track down "scam ICO's" first? Why focus on "ilicit tactics" when they can easily formulate a more strict regulation or implement regulations on crypto to fiat transactions that will help them limit the capabilities of what they refer to as "Illicit traders"?Because it's a waste of time. Everyone can buy a domain, hosting anonymously, set up a website and create his own ICO. Even if they try to fight the ICOs market they can do it only in The US. If I am a European citizen why shall I follow an American law? On the top of that ICO is also the new way to raise funds for startups
The point is if there's laws against it, you won't be setting up the domain from the United States or taking American investors. If you do either, you're bound by the American laws surrounding such activity. If not, you're right that you probably wouldn't care about the American laws since no part of your operation touches America so there is no jurisdiction. However, Kim "Dotcom" tried to hide overseas while he ripped off the intellectual property of thousands of American companies, and look how well that turned out for him. Being an EU citizen won't protect you from violating American laws, especially considering so many EU countries have extradition treaties with the US. You think you're anonymous and untouchable? So did Ross Ulbricht.
June 05, 2018, 09:45:13 AM
That’s good for the crypto market, I guess. Initially the price will fall but after that we will see a healthy rise in its price. This would lessen the manipulation of the prices in the crypto market by the scam ICOs and Altcoins launched for the purpose. So yes, this step by US government to check the manipulation of the value of crypto currency will have some affect on the price.
June 05, 2018, 06:26:47 AM
I think they are focusing on ICOs and alt-coins, which are generally scams about manipulating price, supply, etc. It would be very healthy for the crypto world if they locked up a bunch of these scammers.
Not only ICO and altcoins but all cryptos and to be more specific they are focusing the Exchanges platforms to fight against traders who practice "spoofing" and "washing" methods, making fake orders, etc.
But the US govt can't control every exchange, especially the ones out of The US which have nothing to do with the SEC or CFTC
June 05, 2018, 01:56:44 AM
It will just help the government learn about cryptos for them to design the regulation accordingly..
June 05, 2018, 01:55:53 AM
it is a good sign actually. i dont think it can affect to crypto market in negative way. however the question should be what are they going to do and how can they do it? they will try to check the exchanges that are under their control only. that is only the thing that they can do and it will make no affect at all.
Yes the US government has started this probe in the manipulation of the crypto currencies but I do not think it is something very bad as long as it does not lead to tax implementation. This is just a check on the crypto market to eliminate the scam coins from the crypto market. The prices of a coin can only be high or low as a result of the market invisible hand and the demand for that specific coin. Besides, there has been no government regulations over the crypto market as a result of which the technology also suffered due to frauds. This step might lead things in a good direction. So I do not think it will affect Bitcoin. Jump to: