Exchange rate price manipulated order book

[wksantiago]

Would it be possible for a BTCBitcoinBTC Exchange to manipulate its Order Book price?

[empoweoqwj]

Possible? Of course.

Likely. Don't know. The customers do a pretty good job of doing it already.

[wksantiago]

Would this manipulation be noticed by customers and exchange loose its credibility?

[wksantiago]

Would this manipulation be noticed by customers and exchange loose its credibility?

There already appears to be an ongoing attempt to harm the credibility of that exchange. Thankfully mudslinging is going the same way as advertising, its reaching a saturation point and will eventually do more to promote than discredit. It could reduce the credibility of the exchange but bitcoin is still a new technology and most involved are smart enough to see these kind of things for themselves.

Agree 100% Thanks

[stereotype]

Of course it can be manipulated, for fair and foul reasons. A 'positive' reason would be to increase liquidity on the book/exchange with prop trading techniques. This makes it more attractive for others to participate.

If you are asking, can Gox manipulate the book, i would say that currently, and as everyone who has a Gox trading account know to be fact, is that its questionable if they actually have control of their own infrastructure/speed/latency/engine etc, They have enough problems to solve before they could effectively manipulate/arbitrage, for consistent advantage.   

[MPOE-PR]

Would this manipulation be noticed by customers and exchange loose its credibility?

There doesn't seem to be anything an exchange can do to lose its credibility. Take the bitfloor example.

[wksantiago]

Interesting reasonable answers.  Thanks,