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Title: BTC currency manipulation (Bitfinex/Tether) Post by: deedjou on December 31, 2017, 12:59:08 AM All these 3 articles here under to read, with strong arguments to explain how the BTC value could be manipulated by both bitfinex & Tether:
How would Tether be a ghost coin with no value at all and no guarantee funds: https://coinreport.net/tethered-to-reality/ Story behind Tether; https://hackernoon.com/the-curious-tale-of-tethers-6b0031eead87 Spoofing operation in July on Bitfinex, same author: https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4 All of this seems very serious to me and scaring for the future of crypto currencies trade and market. Please , do not bash, i'm not a specialist. traders and economist welcomed to comment. Title: Re: BTC currency manipulation (Bitfinex/Tether) Post by: biarox on December 31, 2017, 12:25:27 PM Yep, I have no doubt about it and some people do some money by doing cryptocurrencies arbitrage between exchanges.
That also explains why the BTC price is different in each country, so some people buy for a cheap price in some country and sell for an expensive price in another country. If wasn't for this "manipulation" it wouldn't exist people living by crypto trading. |