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Topic: Was BTC drop caused by manipulation? (Read 791 times)

copper member
Activity: 299
Merit: 1
November 30, 2018, 02:39:22 AM
#60
I really think bitcoin price is been manipulated not just bitcoin the whole market is under manipulation
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 30, 2018, 01:54:55 AM
#59
US justice department has no jurisdiction in bitcoin market to want to investigate shit about manipulation. not to mention that market manipulation in bitcoin is not something that you can investigate and prove, although it is obvious but there is nothing illegal going on.

the biggest players to smallest fish (from JP Morgan CEO to newbies on bitcointalk) are spreading FUD about bitcoin. nobody has ever arrested them for bullshitting since there is no tax on bullshits.
and on the market whales can sell a large amount of bitcoin to crash the market easily. you can not legally call that manipulation although it is. because they simply sold and you can not prosecute someone because of selling something.
member
Activity: 102
Merit: 10
November 30, 2018, 01:32:00 AM
#58
I think it is caused by the fear of the investors,
They tend to sell their crypto when they feel unsafe and it would cause a huge effect on the price if more investors would do it ,it could destroy the price.
full member
Activity: 658
Merit: 102
November 30, 2018, 12:35:52 AM
#57
There are some factors that can cause the price of bitcoin to go down like hacking of a major crypto exchanges and government moves against the cryptocurrencies. But some people believe that the recent sharp drop of price of bitcoin was caused by manipulators or whales who want the price to go down more. There are also report that crypto trading bots might also manipulating the price but it need more research to prove it true.
member
Activity: 420
Merit: 24
November 29, 2018, 11:16:33 PM
#56
Manipulation is everywhere. Social media and other mediums that could influence other people's decision is one way of manipulation.
Haters of bitcoin is really happy now seeing this huge dips. They just don't know that these downfall of bitcoin's value is an opportunity
for each and everyone of us to purchase at a discounted price for I'm pretty sure that crypto market will correct itself soon.


full member
Activity: 434
Merit: 102
November 29, 2018, 10:53:13 PM
#55
indeed many whales in crypto can influence market prices, manipulation has been going on for a long time for their personal interests, my advice is that you don't panic because if you panic and sell assets, it will only worsen the situation.
newbie
Activity: 9
Merit: 0
November 29, 2018, 10:42:10 PM
#54
Manipulation with VTS in my opinion is definitely there, if Bitcoin drops, it means that someone needs it. Interestingly, a small number of people have disappeared to the cue ball, mostly people with a small volume who sell in panic. At this time, the big holders are buying up.
member
Activity: 182
Merit: 30
November 29, 2018, 09:54:51 PM
#53
Several people thinks that falling price of bitcoin is manipulated by some people, well i guess so, and i also think that more probably reason of bitcoin's price is the continuing panic selling volume coins, the price would be affected if several panic sellers do this.

Really the WRONG question is being asked here, the first question is-was "Was the parabolic rise of bitcoin in the year 2017 orchestrated?"

The answer is YES, hell yes, there wasn't a press in CHINA not telling people in June 2017, to 'buy bitcoin', to the moon, all over the world people saw btc go from $1k to $21k during that year, was it orchestrated, promoted? and the HODL, to keep the bag-holders holding,...

Now we all pretty much know who raised the price of btc, it was the whales, the winkelvoss holders, ... blah-blah

Now smart people know that ALL PARABOLIC RISES end in collapse, no parabolic rise in history has not been followed by collapse, its the nature of things, as parabolic rises are NOT NATURAL, they're always man-made engineered 'crowd hysteria',

Ok, so now the engineers of the parabolic rise, take their profits, cuz that's what smart people do, only IDIOTS, MORONS, and FOOLS "HODL".

The other thing that happened in Dec 2017 is that FUTURES went online, which meant whales could sell with covered insurance, they all had been waiting, but nobody could sell HUGE blocks, without effecting price, but futures were a way to cover the drop that followed, so you had massive selling by whales in 2017,

Following xmas the banks shut down credit cards, with already 50% drop in BTC many people who had bought btc 100% financed, were looking at not being able to pay their credit card debt, so they sold their btc, ... and then the ripple effect started,

In summary, the collapse meant nothing, what to look at was the criminals ( exchanges ) and ponzi promoters that pushed the 'HODL' narrative in 2017.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
November 29, 2018, 09:42:24 PM
#52
I don't think BTC was dropped by manipulation but I think the price dropped because of the news that surrounded BCH fork. Alot have been said and heard about this fork and it has caused alot of market panic.

It probably ia. We can see that it also happens, months ago the bad news spreads out and the market goes down, and now the market supposedly goes up but then another negative news are up. Negative or bads news has really a huge impact to the bitcoin market. It should be avoided, or removed.
member
Activity: 784
Merit: 10
November 29, 2018, 09:23:14 PM
#51
Several people thinks that falling price of bitcoin is manipulated by some people, well i guess so, and i also think that more probably reason of bitcoin's price is the continuing panic selling volume coins, the price would be affected if several panic sellers do this.
full member
Activity: 1218
Merit: 105
November 29, 2018, 09:09:31 PM
#50
Manipulation is very much plausible cause of the recent drop in bitcoin and other cryptocurrencies. CSW has been hinting that he has a huge control over the market and can go on and bear the losses others might incur. As for Tether, the CFTC has been eyeing the possibility of Bitfinex being involved in some insider trading that affects the prices greatly due to manipulative tactics being applied with the help of the said stablecoin. Right now, there aren't any clear answers as to why we have fallen into such a massive downward spiral within a short span of time, but most people are inclining towards manipulation as the main culprit of the steep drop.

Manipulators should already be aware that watchful eyes are already observing bitcoin from afar.
There is no evidence of this manipulations but it is pretty obvious that Bitcoin is being manipulated by some powerful hands over the market and the dip isn't a normal dip it is being dumped so hard. I read some article about this kind of dirty tactics and who are the people behind this, the article is way back in 2017 and I already forgot what's the title and website did I read it but it is referring to some kind of syndicate that manipulates the Crypto Currency market with their combinations of tactics like spreading FUD and FOMO.
Manipulation is one of the major things why the Securities and Exchange Commission would not approve all of the Bitcoin's exchange-traded fund or ETF. But I hope they'll approve it now after they re-review it again and they said that the deadline for their announcement is on February 2019.

Seems like not so many people were expecting the world’s largest cryptocurrency by market capitalization to fall again so drastically. The U.S. Justice Department is investigating whether it was partially caused by manipulation. More on topic here: https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether
Do you find this plausible?

The investigation started almost a year ago and has been ongoing.

It is not a recent event.

Did you not know tether was a fractional reserve scam?

I don't think that Tether is a reserve scam but It is used by those manipulators whenever they wanted to bring down the price of Bitcoin they'll surely switch to Tether to preserve its value but real evidence is the key in here and that is the on that the investigators are still lacking.
member
Activity: 70
Merit: 12
November 29, 2018, 08:58:47 PM
#49
How can the drop in the price of bitcoin be caused by manipulation? The drop in the price is as a result of people having enough bitcoin selling their coins at a price they think bitcoin should be. Since the system is a decentralized one, everybody has the opportunity to sell their coins at any price.

You are right but you have to remember that human beings are psychological creatures, not perfectly rational beings. If several major players collude to dump bitcoin, it will cause the price to fall fast creating panic among holders. The weak hands start selling off/dumping in fear of further price fall and this creates a snowballing effect. The mass sell off causes price to fall further, causing even more panic and more dumping, price falls even further, more panic, more price falling...

It becomes a vicious cycle.
legendary
Activity: 1344
Merit: 1006
November 29, 2018, 08:44:41 PM
#48
Manipulation plus Panic. Combine that two and you will see a drop of price and its applicable even in the stock market or business. one goal of those price manipulators is to cause a panic, to show to the people that price is going down and its time to sell, so when they sell, those with huge bankroll can start buying again and will cause FOMO so price will start to go up again.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
November 29, 2018, 08:38:30 PM
#47
I think there is no questions that bitcoin is manipulated in several ways.  I belive the exchanges have manipulated bitcoins price since their existance.  If you think about it, no one was overlooking the exchanges for years.  Some exchanges have next to no regulatiion or oversight what so ever.  it's hard to believe all these exchanges were compltely honest with us..and if they ever are today.

There's that, among many other factors such as discussed in the article.
member
Activity: 949
Merit: 48
November 29, 2018, 08:38:06 PM
#46
I am thinking that price of BTC dropped because of manipulation. Without negative news or whatever reasons, price of anything not only in Bitcoin will not drop if its not manipulated. Someone wants to pull down the price so they can buy more and sell at higher price since bull run has not started yet. Expect more dips in the next coming days.
There are many that affect prices, including individual users themselves, the greater the capital they have, the greater the influence on the market,
so we know as the whales, with a very large amount of capital they can have a big influence by playing demand and supply..
Well i believe that there are big whales on the market because there are so many big dump on the history of btc today that is really from the big investors because no small investors that can aford that big ampint of btc. I believe that they are manipulating price to gain from the panic sellers. They will buy the coin from those who get panic and dump thier coin in a very small price.
hero member
Activity: 1190
Merit: 500
November 29, 2018, 06:50:11 PM
#45
I am thinking that price of BTC dropped because of manipulation. Without negative news or whatever reasons, price of anything not only in Bitcoin will not drop if its not manipulated. Someone wants to pull down the price so they can buy more and sell at higher price since bull run has not started yet. Expect more dips in the next coming days.
There are many that affect prices, including individual users themselves, the greater the capital they have, the greater the influence on the market,
so we know as the whales, with a very large amount of capital they can have a big influence by playing demand and supply..
member
Activity: 150
Merit: 10
November 29, 2018, 06:43:28 PM
#44
How can the drop in the price of bitcoin be caused by manipulation? The drop in the price is as a result of people having enough bitcoin selling their coins at a price they think bitcoin should be. Since the system is a decentralized one, everybody has the opportunity to sell their coins at any price.
jr. member
Activity: 98
Merit: 1
November 29, 2018, 06:40:44 PM
#43
We can't certainly run out about bitcoin being manipulated by certain individuals. I believe there seems to be a lot of manipulations on the crypto market especially concerning the price of bitcoin. It is very difficult to predict when and how a manipulation of bitcoin would occur.
legendary
Activity: 1834
Merit: 1036
November 29, 2018, 06:36:53 PM
#42
I am thinking that price of BTC dropped because of manipulation. Without negative news or whatever reasons, price of anything not only in Bitcoin will not drop if its not manipulated. Someone wants to pull down the price so they can buy more and sell at higher price since bull run has not started yet. Expect more dips in the next coming days.
member
Activity: 434
Merit: 21
November 29, 2018, 06:33:49 PM
#41
as we know, the crypto market is a gathering place for big traders who invest their money in bitcoin and altcoin, the price in the market depends on all of them, I rate the news above is an effort to maintain professionalism in the crypto market, and this is needed
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