Quote from: danherbias07 on March 12, 2017, 04:29:13 PM

Quote from: Berns on March 12, 2017, 04:21:29 PM

Quote from: traderethereum on March 12, 2017, 04:08:05 PM

Quote from: X-ray on March 12, 2017, 05:07:11 AM

Quote from: NEWGOODOUBLE on March 11, 2017, 09:41:39 AM

Quote from: Astvile on March 09, 2017, 01:06:24 PM

Bitcoins price is based on supply and demand on the market.More demand higher price more supply down price.Yes you can manipulate bitcoins price if you hold a huge supply or supply that may be enough to sell or buy in the current market status

by regulating demand and supply that means you can manipulate the price of bitcoin. but this time because bitcoin users have very much of course to manipulate demand and supply has been very difficult dude

The manipulation of supply just can be done by the bitcoin exchange site , and look at the chinese exchange in the previous time too many the ghost volume in his circulation and after the PBOC had done the audit and all of the fake volume was disappearing. and it will need a lot of the effort to do that.

yes i am agree with this and we see this is happen in chinese exchange although we don't know how much the real amount that they manipulated but we only know that they manipulation the volume. beside that, we don't know what is their purpose so they doing this and i think they will do again in someday after they have stable position from any of audit.

Unfortunately, I also think that China continues to manipulate the price of bitcoin. This is due to the fact that in China the largest holders of cryptocurrency

Could be. That is why they are too scared that it will become uncontrollable. Their government is really wise in making fast decision. Telling their country it is banned in some parts then making a statement thru their media that they are starting to work for a new blockchain that they will use as their own. Kind of creepy but they really acted fast there.

True, but who in their right mind would take a coin made by the Chinese government instead of bitcoin, governments think we are dumb, the reason we use bitcoin is precisely because no government can regulate it, no government can just do as they wish with bitcoin.