Topic: Will BTC and the Alts be easier to manipulate now - page 7. (Read 1124 times)
For me I think its manipulated by greedy investors and traders, Others are using bots to pump and dump any altcoins they want. It should be also easy if you have big funds in BTC, But anyways BTC still has a high and reasonable price right now?
The smaller the market cap in general in any financial market, the bigger the manipulation can become. Have you not seen coins or tokens with small market caps pump and dump very high or very low because in a matter of minutes one whale alone can move the whole market because he wants to? This is the same for the whole crypto market in general. It can be manipulated even more now and with all the FUD news churned out on purpose, this is what is happening to scare people into selling.
You still have to dump a tremendous amount of money into Bitcoin to manipulate the price, because at $4000 per bitcoin it might not sound like a lot of money, but the "waiting" period to get a ROI, when you bought loads of coins, will take several years to recover.
The risk associated with a large investment like that, might also not be attractive to a lot of fiat whales that wants to manipulate the Bitcoin price.
I agree with you that a much lower price would offer fiat whales more scope to execute large scale manipulation, because it becomes cheaper to do that.
The risk associated with a large investment like that, might also not be attractive to a lot of fiat whales that wants to manipulate the Bitcoin price.
I agree with you that a much lower price would offer fiat whales more scope to execute large scale manipulation, because it becomes cheaper to do that.
the reason for manipulating price is to make money and if what you say is true and actual "money" has gone out of the market then there is no more reason to manipulate it anymore since they wouldn't be able to make any money from it.
although that is not the case, I am just pointing out the paradox in your statement. in reality in my opinion there is only uncertainty right now but if price were to drop more then there will be a lot of "jumping in" that the same people would start buying more.
although that is not the case, I am just pointing out the paradox in your statement. in reality in my opinion there is only uncertainty right now but if price were to drop more then there will be a lot of "jumping in" that the same people would start buying more.
That so much capital left the market? Market cap was $220 billion 3 weeks ago. Today, we are barely holding on to $125 billion market cap. How much lower can btc go in price? 3k, 2k, 1k?
I don't feel like it's dead, but I feel like it is a lot more vulnerable than it was prior to a month ago, and I am not certain about a recovery any time soon.
On a positive note, as the price of BTC collapses and all our speculators get burnt and become destitute, in time BTC will return to its humble beginning, where its just mined, and used for transferring wealth. Free money transfer for the little-people, unmolested by Governments ( Here is why we need real security & privacy in BTC ).
Also of course glad to see everybody here hitting the 'shitcoins' hard, if it weren't for the shit-coins, BTC really would have gone to the moon, but the dilution and confusion of the shitcoins, really soils BTC.
Largely the fault is the exchanges, for putting the shitcoins on equal footing, but then exchanges became nothing more than casinos for the speculators,
Remember BITCOIN itself was never a PONZI, its the majority of people that PROMOTE BTC that are the ponzi,
Sort of like the GUN arguments, guns don't do bad, people do bad with guns, same for BTC, BTC never did bad, but Bad people did bad things with bitcoin
Bitcoin and other crypto currencies are vulnerable to quick changes because they are decentralized, the reason they are volatile as they are.
I don't think bitcoin and the cryptocurrency markets in general are volatile due to them being decentralized. They are volatile and easy to skew in price simply because there isn't that much money into bitcoin or cryptocurrencies, compared to other very stable assets like gold. As we speak, bitcoin only has $67 billion in marketcap whereas gold’s total market value is estimated at around $7.8 trillion source[1].
[1] http://fortune.com/2017/12/09/cameron-winklevoss-bitcoin-multitrillion-dollar-asset/
That so much capital left the market? Market cap was $220 billion 3 weeks ago. Today, we are barely holding on to $125 billion market cap. How much lower can btc go in price? 3k, 2k, 1k?
I don't feel like it's dead, but I feel like it is a lot more vulnerable than it was prior to a month ago, and I am not certain about a recovery any time soon.
I don't know but all I know is that it is still vulnerable to quick changes since that is how Bitcoin is.
Bitcoin and other crypto currencies are vulnerable to quick changes because they are decentralized, the reason they are volatile as they are. But I don't think investors will manipulate Bitcoin now even the price is low since even if it is low, for an investor and a crypto, it is still expensive. And if you are observing the price, it is still moving up.
Bitcoin and other crypto currencies are vulnerable to quick changes because they are decentralized, the reason they are volatile as they are. But I don't think investors will manipulate Bitcoin now even the price is low since even if it is low, for an investor and a crypto, it is still expensive. And if you are observing the price, it is still moving up.
That so much capital left the market? Market cap was $220 billion 3 weeks ago. Today, we are barely holding on to $125 billion market cap. How much lower can btc go in price? 3k, 2k, 1k?
I don't feel like it's dead, but I feel like it is a lot more vulnerable than it was prior to a month ago, and I am not certain about a recovery any time soon.
2018 is a year of manipulation because of 2017's skyrocketing Bitcoin and Altcoin prices. It happened before, and it will always happen. Number 1 reason I see is that the market doesn't need too much filthy coins, if you know what I mean. Its a fit year for survival because we all know how many scams have already happened. And last but not the least, we should only see the trend last year. It won't be long till it rises but do not expect too much.
what does the total market cap have anything to do with bitcoin price that you are asking your question like this?!! there are trillions of tokens in circulation and when the price of shitcoins fall this total market cap ($200 billion) gets dumped hard with them. just as when shitcoins are pumping it shoots up! it is fake anyways.
as for manipulation, the more you manipulate and the more you push the price down the harder it gets since the resistance would become bigger and bigger. to a point where the buying power not only negates the manipulators but also pushes it back up again.
as for manipulation, the more you manipulate and the more you push the price down the harder it gets since the resistance would become bigger and bigger. to a point where the buying power not only negates the manipulators but also pushes it back up again.
If you are a billionaire and you want to control and manipulate the market in the future, now it is a good time to buy, I guess that is what happened in the last weeks and one of the biggest manipulators is the Satoshi himself
That so much capital left the market? Market cap was $220 billion 3 weeks ago. Today, we are barely holding on to $125 billion market cap. How much lower can btc go in price? 3k, 2k, 1k?
I don't feel like it's dead, but I feel like it is a lot more vulnerable than it was prior to a month ago, and I am not certain about a recovery any time soon.
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