Quote from: bitcoinboy12 on November 04, 2016, 03:49:01 PM

Quote from: Rmaqks on November 04, 2016, 10:17:45 AM

Quote from: piloder on November 04, 2016, 10:03:10 AM

Bitcoin marketcap is only around 12 billion dollar so if few billionaire try to manipulate the market they can easily substract/add few billions which can swing price to +/- 10% easily within few hour as well as there are several events which can easily cause panic dump/pump, one of the latest example is yesterday's hoax about china limiting bitcoin trade cause price to drop from $740 to $685 within few hour.

recent events once again confirm the fact that China sets price for Bitcoin. The rest of the people to influence the Bitcoin can not

If you are a very big Bitcoin player I would imagine you could.
Any cryptocurrencies may be manipulated so that the price could be increased.

Big holders can make a pump as well a dump, but the market must support it otherwise they will create a bubble and loose money, bitcoin has a good stability and its very hard to make it jump and keep with the support around it. Miners for sure does make pression and try to push the price up as they can, and then they let the price to see if the market will support or not.