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[–] derram 1 point 0 points (+1|-1) ago 

https://archive.fo/BaNlq :

Researchers find that one person likely drove Bitcoin from $150 to $1,000 | TechCrunch

'Researchers Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberman have written a fascinating paper on Bitcoin price manipulation. '

'Gox included the fraudulent transactions, thereby signaling to the market that heavy trading activity was taking place. '

'Entitled “Price Manipulation in the Bitcoin Ecosystem” and appearing in the recent issue of the Journal of Monetary Economics the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors. '

'To many it’s been obvious that the Bitcoin markets are, at the very least, being manipulated by one or two big players. “This paper identifies and analyzes the impact of suspicious trading activity on the Mt. '

'The bottom line is simple: if Bitcoin wants to be taken seriously it probably shouldn’t be this easy or legal to manipulate the markets. '


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[–] KikeFree 0 points 5 points (+5|-0) ago 

it probably shouldn’t be this easy or legal to manipulate the markets

Wall Street.

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[–] carnold03 ago 

I never understood the feasibility of using crypto-currency beyond pre-collapse laundering functions.