Post
Topic
Board Economics
Re: Can we Manipulate Bitcoin price?
by
JCO05
on 25/03/2018, 18:00:11 UTC
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
It is hard to break in with bitcoin's program. With great knowledge and skills in programming, maybe we can somehow manipulate bitcoins value but that would require years of studying. The value of bitcoin usually depends on the demand it is gaining from the people. Bitcoin will always have a high value if it is being demanded continuously. So to help it increase we should keep on demanding it.