Topic: When the market capitalization will be great again? global manipulation... (Read 140 times)
March 29, 2018, 05:30:10 PM
I think when will be there are more opportunities for different cryptocurrencies so that they can feel freer from bitcoin and be able to exchange for a regular currency on their own, the whales will lose interest in manipulating the bitcoin rate, I think so, because now many are already planning their own exits to Fiat. For example, Monero already last autumn launched a platform similar to localbitcoin.
March 27, 2018, 10:16:58 PM
I am interested in another opinion, what do you think about the release dates from the global correction? Everything regarding cryptocurrency is somehow connected with bitcoin. And my opinion is that now we can see some unnatural, every day more than 10% of bitcoins are traded,this is a very big ratio and my personal opinion, the bitcoin's price is artificially low.Since many people use bitcoin as a means of payment, its turnover is quite constant, this is the fundamental basis for the constant growth of the rate. Therefore, such volatility is created in order to take away your bitcoins and undermine confidence in cryptocurrencies. Of course this is my personal opinion and perhaps it may seem normal paranoia and all that I have written is likely to be complete nonsense. But for this I have created this topic. If you wish, let's discuss these two topics. I would really like to have me convinced and I was wrong.
Maybe we wait until the market will be stable again and many people think with the market situation down, but I think it will trigger altcoin prices and that will reduce the volume of trading March 27, 2018, 06:51:31 PM
I support the author's opinion. I also think they specifically reduce the volume of trading. To drive out as many people as possible. To take their money!
March 27, 2018, 06:36:55 PM
Intresting article about what situation now happend
Price manipulation in the cryptocurrency space is "unavoidable" but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday.
"Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable," Lon Wong, president of NEM, told CNBC.
"Based on that fact, it will be a thing of the past, perhaps maybe when it is more mature. But as far as manipulation is concerned and as far as what we are concerned (about) as NEM, we are more interested in the promotion of our technology than the prices."
Wong was referring to a report in The New York Times in January that said an increasing number of cryptocurrency investors were concerned about the price of bitcoin and other virtual assets being propped up by cryptocurrency Bitfinex. He added that he is "not concerned" about price manipulation.
NEM's cryptocurrency XEM was involved in a huge cryptocurrency heist recently, when hackers stole around $530 million worth of the digital asset from Japanese crypto exchange Coincheck.
Wong told CNBC that regulators should work to form coherent regulation for digital currency exchanges.
"Regulators today are in a learning curve and many of them, I would say, have insufficient knowledge and experience to actually look at how to regulate cryptocurrencies, particularly in exchanges," he said.
"At the end of the day we should see both sides of the divide, the exchanges and the regulators, coming together worldwide and coming to a conclusion about how to get to the next step."
source
https://www.cnbc.com/2018/02/13/cryptocurrency-price-manipulation-is-unavoidable-nem-president-says.html
Price manipulation can't be avoided. People with huge money can manipulate the market. If you were seeing what already happened with the market after dumping from mtgox trustee. We can imagine MTgox trustee is a whale and then with only dump all of his bitcoin already made whole of crypto space becomes panic. Even media can be played by paid some bucks to the authors. Price manipulation in the cryptocurrency space is "unavoidable" but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday.
"Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable," Lon Wong, president of NEM, told CNBC.
"Based on that fact, it will be a thing of the past, perhaps maybe when it is more mature. But as far as manipulation is concerned and as far as what we are concerned (about) as NEM, we are more interested in the promotion of our technology than the prices."
Wong was referring to a report in The New York Times in January that said an increasing number of cryptocurrency investors were concerned about the price of bitcoin and other virtual assets being propped up by cryptocurrency Bitfinex. He added that he is "not concerned" about price manipulation.
NEM's cryptocurrency XEM was involved in a huge cryptocurrency heist recently, when hackers stole around $530 million worth of the digital asset from Japanese crypto exchange Coincheck.
Wong told CNBC that regulators should work to form coherent regulation for digital currency exchanges.
"Regulators today are in a learning curve and many of them, I would say, have insufficient knowledge and experience to actually look at how to regulate cryptocurrencies, particularly in exchanges," he said.
"At the end of the day we should see both sides of the divide, the exchanges and the regulators, coming together worldwide and coming to a conclusion about how to get to the next step."
source
https://www.cnbc.com/2018/02/13/cryptocurrency-price-manipulation-is-unavoidable-nem-president-says.html
March 27, 2018, 06:23:52 PM
Intresting article about what situation now happend
Price manipulation in the cryptocurrency space is "unavoidable" but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday.
"Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable," Lon Wong, president of NEM, told CNBC.
"Based on that fact, it will be a thing of the past, perhaps maybe when it is more mature. But as far as manipulation is concerned and as far as what we are concerned (about) as NEM, we are more interested in the promotion of our technology than the prices."
Wong was referring to a report in The New York Times in January that said an increasing number of cryptocurrency investors were concerned about the price of bitcoin and other virtual assets being propped up by cryptocurrency Bitfinex. He added that he is "not concerned" about price manipulation.
NEM's cryptocurrency XEM was involved in a huge cryptocurrency heist recently, when hackers stole around $530 million worth of the digital asset from Japanese crypto exchange Coincheck.
Wong told CNBC that regulators should work to form coherent regulation for digital currency exchanges.
"Regulators today are in a learning curve and many of them, I would say, have insufficient knowledge and experience to actually look at how to regulate cryptocurrencies, particularly in exchanges," he said.
"At the end of the day we should see both sides of the divide, the exchanges and the regulators, coming together worldwide and coming to a conclusion about how to get to the next step."
source
https://www.cnbc.com/2018/02/13/cryptocurrency-price-manipulation-is-unavoidable-nem-president-says.html
Price manipulation in the cryptocurrency space is "unavoidable" but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday.
"Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable," Lon Wong, president of NEM, told CNBC.
"Based on that fact, it will be a thing of the past, perhaps maybe when it is more mature. But as far as manipulation is concerned and as far as what we are concerned (about) as NEM, we are more interested in the promotion of our technology than the prices."
Wong was referring to a report in The New York Times in January that said an increasing number of cryptocurrency investors were concerned about the price of bitcoin and other virtual assets being propped up by cryptocurrency Bitfinex. He added that he is "not concerned" about price manipulation.
NEM's cryptocurrency XEM was involved in a huge cryptocurrency heist recently, when hackers stole around $530 million worth of the digital asset from Japanese crypto exchange Coincheck.
Wong told CNBC that regulators should work to form coherent regulation for digital currency exchanges.
"Regulators today are in a learning curve and many of them, I would say, have insufficient knowledge and experience to actually look at how to regulate cryptocurrencies, particularly in exchanges," he said.
"At the end of the day we should see both sides of the divide, the exchanges and the regulators, coming together worldwide and coming to a conclusion about how to get to the next step."
source
https://www.cnbc.com/2018/02/13/cryptocurrency-price-manipulation-is-unavoidable-nem-president-says.html
March 20, 2018, 09:24:26 PM
The BTC's trading volume is high in the cryptographic digital currency, but it is still very low compared to the world economy and can be controlled by some big corporations.
The big guys on Wall Street are vampires.
Hey, why are you insulting vampires? You think Ian Somerhalder won't take offense at what you said? comparing it to these with wall street is cruel. The big guys on Wall Street are vampires.
March 20, 2018, 09:17:31 PM
The BTC's trading volume is high in the cryptographic digital currency, but it is still very low compared to the world economy and can be controlled by some big corporations.
The big guys on Wall Street are vampires.
The big guys on Wall Street are vampires.
March 20, 2018, 08:50:36 PM
I am interested in another opinion, what do you think about the release dates from the global correction? Everything regarding cryptocurrency is somehow connected with bitcoin. And my opinion is that now we can see some unnatural, every day more than 10% of bitcoins are traded,this is a very big ratio and my personal opinion, the bitcoin's price is artificially low.Since many people use bitcoin as a means of payment, its turnover is quite constant, this is the fundamental basis for the constant growth of the rate. Therefore, such volatility is created in order to take away your bitcoins and undermine confidence in cryptocurrencies. Of course this is my personal opinion and perhaps it may seem normal paranoia and all that I have written is likely to be complete nonsense. But for this I have created this topic. If you wish, let's discuss these two topics. I would really like to have me convinced and I was wrong.
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