Could someone explain to me how, technically, and exchange coud manipulate the prices by putting fake orders?
I can see how to fake the volume, but the price...
I could buy into that possibility. I heard speculation that it might be due in part to Bitstamp trying to rebuy cheap coins to compensate for the stolen money owed? If true, that could account for the sharp 24 hour decline, but still does not detract from the fact that it's been a half year bear market. But certainly a possibility.
Even if Bitstamp finds a way to manipulate the price on their exchnage, how would they manipulate it elsewhere?
Arbitrage would balance out the other exchanges I'm sure if this were the case. Though, I am not sure this is actually going on at Bitstamp.
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