Post
Topic
Board Speculation
Re: The manipulators
by
Amph
on 05/12/2015, 15:02:43 UTC
I thought bitcoin couldnt be manipulated.

Why? It's easy to control this market if you are ina group of whales.

especially because many exchange have low volume, so if you manipulate those, then other deman/supply in other exchane will follow because they see that in those exchange the price is cheaper

lol this is nonsense. No one cares about price on exchanges with low volume, and influence of such exchanges on overall supply and demand are zero.
People are trying to manipulate bitcoin, but rare are the ones that want to destroy it, majority wants to mass up their coins and explore profits in volatility.

low volume is relatively, low volume in comparison to big volume like those on chinese exchange, if every low volume exchnage begin to trade at a lower price, the chinese will do a dump and start decreasing demand and increase the dumping