Post
Topic
Board Economics
Re: Can we Manipulate Bitcoin price?
by
Reid
on 28/03/2017, 16:51:55 UTC
many bitcoin price manipulation was a pretty big play.
therefore making huge profits but there are still problems as members of this makes bitcoin bitcoin prices do not ever fall from the previous lowest price.
There was a time when a simple news could impact the price of bitcoin but i think things are changing and if not for the forking and power struggle we would not see a price slide and even now the price is recovering,price manipulation is possible in alt coins where they have low volumes.If you are holding millions of dollars of millions worth of bitcoin then you could manipulate the price .

I agree. Does that mean bitcoin is gaining trust or there are just much more holders now than spenders or panic sellers.
I guess we learned a lesson from before like the $800 rise then back to $600.
That is a good experience for us to see how strong bitcoin could be.
There are different types of how it could be manipulated. But as I see now, there is not much. Only dumping and pumping back for a mild profit.
I think bitcoin is somehow making it easier for others to make money just like that although it is still risky for me.