Bitcoin Forum
May 28, 2024, 02:57:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Do we too contribute to price manipulation by storing our bitcoins in exchanges?  (Read 302 times)
dothebeats
Legendary
*
Offline Offline

Activity: 3654
Merit: 1353


CoinPoker.com


View Profile
September 12, 2018, 10:43:37 PM
 #21

In a way, we've unconsciously contributed to the market manipulation on an exchange-level, but with the current regulations set in place to combat the said phenomenon, I can say that manipulation is somehow lessened or discouraged through it. However, manipulation is still a huge issue for bitcoin and the crypto market in general, and the only thing current regulations prevented are exchanges participating in the said manipulation but not those traders who are actively controlling the market.

Keeping coins in an exchange is an issue of security rather than manipulation IMO, though it has been hinted that exchanges use these deposited coins to make some form of fake volume and depth to make it look like something's happening so it could still be possible.

hadveach
Full Member
***
Offline Offline

Activity: 448
Merit: 102


View Profile
September 12, 2018, 10:51:29 PM
 #22

good advice, I agree with you, the new news today is that hackers sell pundix at the etherdelta exchange for free, some hacking in the etherdelta exchange makes Esther reputation worse.

I think some of today's exchanges are not safe.
Indrawan77
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 516


View Profile
September 12, 2018, 11:00:39 PM
 #23

Most of the people encourage to not store the coin in exchanges is because of the security reason, I had heard a few times that there are exchanges that used the users coin to trade without their acknowledgement, but its only happened with the unpopular exchanges, so I don't think by storing coin in exchanges we are contributing to the manipulation price
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!