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Topic: Was BTC drop caused by manipulation? - page 2. (Read 740 times)

member
Activity: 273
Merit: 18
November 29, 2018, 07:19:36 PM
#40
tl;dr: Yes

Practically every post on here is an attempt at price manipulation. I heard several theories as to why the current crash happened. As usual, people believe what they want and don't question the validity of possible explanations. That applies to people for and against btc.
member
Activity: 162
Merit: 10
November 29, 2018, 07:09:05 PM
#39
That is probably true because based on what I ever read about several factors that influence and cause Bitcoin drop is that manipulators. They want take much advantages and profit from it. They like a panic sell because they can take benefit from it. However, I personally don't know exactly about it because Bitcoin is not controlled by the stakeholders as real currency where real currency is influenced by real issue both in internal and external issue such as trade war, politics stability,  etc.
member
Activity: 686
Merit: 15
November 29, 2018, 05:24:54 PM
#39
BTC drops naturally, the Bch fork was another reason.  The FUD surrounding BCH fork was too much, so the market reacted to it and cause a massive sell-off. I strongly believe it is a deliberate act to crash the market for the big players to buy cheap.
legendary
Activity: 1582
Merit: 1031
November 29, 2018, 05:14:15 PM
#38
Such a rapid falling is always coursed by any kind of manipulation even if the big whales going to sell something for any benefits .

kind regards
member
Activity: 70
Merit: 12
November 29, 2018, 05:10:40 PM
#37
ร้านผ้าม่าน ขายผ้าทำม่านราคาส่ง ขายส่งผ้าม่าน ราคาถูก สั่งตรงจากโรงงาน ไม่มีคนกลาง ขายส่งผ้าม่านทั่วประเทศ หน้าร้านอยู่ใจกลางตลาดพาหุรัด แหล่งขายผ้าและศูนย์รวมผ้าแห่งประเทศ ร้านผ้าม่านพาหุรัด แฟบริค พลัส ขายส่งผ้าม่าน แบรนด์เนม ATM Decor คุณภาพเกรด A มาตรฐานสากล ขายให้ราคาถูก สั่งผ้าตรงจากโรงงาน ไม่มีคนกลาง เราเป็นผู้นำเข้าเอง มีโชว์รูมผ้าม่านให้ลูกค้าชมแบบเต็มอิ่มจุใจ ในร้านมีผ้าทำผ้าม่านเป็นม้วนๆ มีแบบอย่างผ้าม่านให้ชมมากมาย มีผ้าม้วนใหม่ๆ มาลงทุกอาทิตย์ เรามีบริการตัดเย็บและติดตั้งผ้าม่านแบบครบวงจร ร้านผ้าม่านเราอยู่ติดถนนพาหุรัด ตรงข้ามไชน่าเวิลด์ ใกล้ ดิ โอลด์ สยาม และ อินเดีย เอ็มโพเรี่ยม เราขอชวนท่านให้มาชมผ้าม่านที่ร้านเรา เรามีผ้าม่านลายใหม่ๆ สวยๆ ให้ท่านเลือกในราคาสุดประหยัด ติดต่อสอบถามราคาผ้าทำม่านทุกชนิดได้ที่หน้าร้านและเว็บไซต์
jr. member
Activity: 32
Merit: 1
November 29, 2018, 05:01:57 PM
#36
This is a really interesting point of view and it can also be easily checked. The conspiracy theories are always part of market movement, especially when we talk about the market that is extremely volatile such as crypto currency market. I do not know what was the initial drop that started everything but I do believe that pank and fear of the people expanded and made the drop even deaper. Clasic supply and demand. I am wondering if the rise of BTC was also manipulated? Each big leap, what do you think about that?
member
Activity: 364
Merit: 13
November 29, 2018, 04:37:19 PM
#35
I think that the market drop was induced by manipulation with very high probability, about 90%.
The drop was not natural, there was no big news out there, nothing.

it could have been done relatively easy thus it was done and someone made aton of money in process

full member
Activity: 364
Merit: 100
November 29, 2018, 03:34:38 PM
#34
in my opinion bitcoin is very complicated, too many interests behind bitcoin, it seems like the decline in the price of bitcoin as a result of manipulation, a lot of negative news about bitcoin so it makes people confused and sells their bitcoin because it's panic even though bitcoin prices are down I still believe in bitcoin.
sr. member
Activity: 980
Merit: 252
November 29, 2018, 03:08:37 PM
#33
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?
I think that the manipulators also took part in the fall of the market. But I wouldn’t lay all the blame on them.There are many factors besides them.Assume a decline in investor confidence in cryptocurrency. Agree if everyone starts selling cryptocurrency, then prices will be reduced without manipulators.The whole cryptocurrency world lacks practical application in everyday life.If this problem is fixed (and there are all assumptions that it will be eliminated),then the trust and prices for cryptocurrencies will grow.
member
Activity: 490
Merit: 12
November 29, 2018, 02:49:36 PM
#32
I had been hearing and reading stories of btc price manipulation for quite a long whenever there is any sudden price drop, its obviously  real and factual  these are big investors who can manipulate the price at will and invest massively when price drop cases of MT.Gox dumping was rampant late last year and the beginning of the year which invariably resulted to drop in price.
sr. member
Activity: 952
Merit: 274
November 29, 2018, 02:34:10 PM
#31
Manipulation is one of the causes while the price of the bitcoin dropped. There are whales who can manipulate the price of the bitcoin because of the power that they have in the market. Whales are the reasons why there are pumps and dumps in the market.
member
Activity: 420
Merit: 20
simply getting the job done
November 29, 2018, 02:21:26 PM
#30
I believe that the cryptocurrency market at the moment is really very subject to manipulation by large players. This was repeatedly stated not only by financial analysts, but also by the SEC. And in this regard, I agree with them. The cryptocurrency market is very young, and as you know, young markets in one form or another are more subject to manipulation. Such a market is easier to move. Even without a large capital, you can influence the quotes of some of the cryptocurrency. This is explained by the fact that cryptocurrency does not yet have the liquidity that fiat currencies have. The more players in the market, the harder it is to manipulate.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
November 29, 2018, 02:14:01 PM
#29
I do not have any idea about manipulation but I think the price of bitcoin can manipulate once you have huge number of bitcoin. Many people believe that it is manipulated but many of us have different perspective about falling down of price on market.
copper member
Activity: 322
Merit: 0
November 29, 2018, 02:13:31 PM
#28
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?
Well, we can hardly tell some truth. Even approximate. If everything was bad, the exchange would have been closed long ago, and Tether would have been removed from the listing.
full member
Activity: 560
Merit: 106
November 29, 2018, 01:40:26 PM
#27
Obviously YES. You should know that Bitcoin is high, really high manipulated. The total volume is not enough.. really small.. and the big whales can easily manipulate the market. Also you, if you have some millions, you can easy manipulate it.
legendary
Activity: 2618
Merit: 1103
November 29, 2018, 01:37:24 PM
#26
I'm pretty sure that it was manipulation. If we accept that BAKKT insiders were buying OTC before the launch, and they knew about the delay before it was announced, they probably sold and caused the huge leg down that broke 5800 support and triggered the panic. I find it very suspicious that BAKKT CEO announced delays a couple days after the big sell-off.
hero member
Activity: 2086
Merit: 994
Cats on Mars
November 29, 2018, 12:39:15 PM
#25
I'm a firm believer that there was some manipulation during the last drop. We didn't see any big news or events that could trigger such a massive sell-off, there was nothing that could justify that drop other than some shady people behind the scenes trying to manipulate and tank the prices. They succeded in creating panic as there's no doubt that a lot of weak hands sold during the bloodbath. On the bright side, they0ve create some good buying opportunies for those who were looking for an entry-point to invest in btc.
full member
Activity: 658
Merit: 112
November 29, 2018, 11:35:11 AM
#24
I think the big bitcoin holders making this bear markets and the bull runs. Otherwise the prices wouldn't change this much. You can make + /- %50 profit or lose in 24 hours in cryptocurrency market. So that must be some big powers that making these changes. Ofcourse this my opinipn but i know that no one really knows the real truth about it.
legendary
Activity: 2842
Merit: 3536
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November 29, 2018, 07:45:59 AM
#23
Only as much as the ATH of all past cycles were caused by manipulation. Take it or leave it, no market makers, no market takers = no market movement. Ultra stable Bitcoin just doesn't seem to cut it with speculators.

I think you have misunderstood it, most of these FUDs went perfect to influence the market negatively. And as for the good news, none of them really caused a strong uplifting move for the market during those times of need.

Similarly, 2017's mega FUD that somehow just failed to stop Bitcoin's climb to 5 digits. Can't stop momentum with news.

I have to admit, that I have manipulated Bitcoin price a little bit. I bought some at 3600$.

I also admit, I got a tad excited at $4200 and my weak hands just dropped a bunch of coins at the nearest grubby buyer, hence preventing the massive bull run that was just a couple of BTCs short of happening.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
November 29, 2018, 07:34:27 AM
#22
I have to admit, that I have manipulated Bitcoin price a little bit. I bought some at 3600$.
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