Quote from: JCO05 on March 25, 2018, 06:00:11 PM

Quote from: Wapinter on April 24, 2016, 09:40:31 PM

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.

You are just simply talking about into its technical aspect which isn't really right at all since the thing we are talking on here is about on the price which it is mainly concerned on its total tokens circulation.If a big group or whale decide to make up the price go to a certain point then it would really be hard into bitcoin.Why? Tokens are already being distributed even some people who do hold up lots of bitcoin cant really able to make such manipulation.