[2018-06-14] Bitcoin Price Boosted By Market Manipulations, Researchers Claim

[bitzamp.com]

Bitcoin’s 2017 Bull Run may have been no more than market manipulation, according to a study released on Wednesday by the University of Texas. The study claims that Tether, a digital currency tied to the U.S. dollar, may have been used to artificially inflate Bitcoin prices. The paper stated that at least half of the

Read More: https://news.bitzamp.com/bitcoin-price-boosted-by-market-manipulations-researchers-claim/

[Kemarit]

Well it's been all over the forum actually, specially when bitcoin jumps to almost $20,000 last December and no one can clearly explain as what's going on. Maybe there are a lot who FOMO'd, or irrational buyers getting into the picture. But if you are in the market for so long, it doesn't make sense for the price to jump that high without manipulations. I'm not going to point finger because its just speculation. But common sense will tell you that there are people from behind playing tricks of most investors and they all fall for that.

[squatter]

In 2013, we had the Willy Bot. In 2017, we had the Tether Printer.

Next bubble, I'm sure "researchers" and the media will make similar renewed claims of manipulation. And I bet it won't matter, either. The long-term price trend will continue, and the establishment will continue to get all salty over it.