Post
Topic
Board Economics
Re: Can we Manipulate Bitcoin price?
by
chaser15
on 12/10/2016, 14:05:03 UTC
you are a fool to think bitcoin price is not manipulated and you are a bigger fool if you think this manipulation is as big as a couple of years ago.

in my experience price of anything can be manipulated but it is much harder when the market size of that thing grows bigger and bigger. for example you can easily manipulate price of an altcoin with a small market cap but when this market cap grows and more importantly when there is a fair distribution, it becomes harder and harder to manipulate the price.

Agree. Today's bitcoin status is not that easy to manipulate but still it's chance of manipulation is possible although it will goes in a hard way.. Since bitcoin was distributed now, at no doubt around the globe, the coins is distributed well. Y

Yes there are still big hoarders but not to the point that they own coins that circulating in the market.