Quote from: jossiel on June 18, 2018, 11:26:52 PM

Quote from: Kprawn on June 18, 2018, 04:09:05 PM

If the SEC says that the high price increase of last year was manipulation, then they must bring the proof. Let's do our own

informal assessment of the situation and determine what would be needed to cause that kind of a spike in the price. Wink

I'd always believed that the market has been manipulated but you made me shook my head after reading your point about this topic.

$1 billion isn't enough and even $10 Billion will only give small impact to the price of bitcoin which can move for about +$100 to it's price. (IMO)

Can't say on how much money is needed to make the price move and start manipulating it. I'd say if there is, then it can be a big group that has more $50 billion.

This data shock me for that big amount of money needed to influence the bitcoin price. If it's correct then it shows that no single person could manipulate the bitcoin price with the use of his own money. It should be a group of whales that can influence and those bad news that will panic the investors to sell their bitcoin.