Bitcoin prices manipulated-STUDY

Bitcoin’s massive price run-up late last year may have been the result of a price manipulation campaign, according to a new study released.  According to Is Bitcoin Really Un-Tethered?, a paper by researchers John M. Griffin and Amin Shams released Wednesday, price manipulation may have accounted for at least half of the increase in price for Bitcoin and other cryptocurrencies last year. Using algorithms to analyze blockchain data and purchases made with the cryptocurrency Tether, the findings suggest that Bitcoin’s increase in price was caused by the actions of a few key players rather than a real demand for the currency from investors.

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of source it is. Whole cryptocurrency is artificial 

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It is volatile, unregulated, unbacked and manipulated.
What more does one really need to know?

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Just now, Joanna said:

It is volatile, unregulated, unbacked and manipulated.
What more does one really need to know?

Warren Buffet says Bitcoin is a sham. That is all I need to know

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Just now, Cokiga Damke said:

Warren Buffet says Bitcoin is a sham. That is all I need to know

Buffet said the same for Amazon

  • Upvote 1

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10 minutes ago, Hajga Loma DK said:

Bitcoin’s massive price run-up late last year may have been the result of a price manipulation campaign, according to a new study released.  According to Is Bitcoin Really Un-Tethered?, a paper by researchers John M. Griffin and Amin Shams released Wednesday, price manipulation may have accounted for at least half of the increase in price for Bitcoin and other cryptocurrencies last year. Using algorithms to analyze blockchain data and purchases made with the cryptocurrency Tether, the findings suggest that Bitcoin’s increase in price was caused by the actions of a few key players rather than a real demand for the currency from investors.

Modern day tulips

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13 minutes ago, Hajga Loma DK said:

Bitcoin’s massive price run-up late last year may have been the result of a price manipulation campaign, according to a new study released.  According to Is Bitcoin Really Un-Tethered?, a paper by researchers John M. Griffin and Amin Shams released Wednesday, price manipulation may have accounted for at least half of the increase in price for Bitcoin and other cryptocurrencies last year. Using algorithms to analyze blockchain data and purchases made with the cryptocurrency Tether, the findings suggest that Bitcoin’s increase in price was caused by the actions of a few key players rather than a real demand for the currency from investors.

Use it at your own risk. Risk paid of so far

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15 minutes ago, Hajga Loma DK said:

Bitcoin’s massive price run-up late last year may have been the result of a price manipulation campaign, according to a new study released.  According to Is Bitcoin Really Un-Tethered?, a paper by researchers John M. Griffin and Amin Shams released Wednesday, price manipulation may have accounted for at least half of the increase in price for Bitcoin and other cryptocurrencies last year. Using algorithms to analyze blockchain data and purchases made with the cryptocurrency Tether, the findings suggest that Bitcoin’s increase in price was caused by the actions of a few key players rather than a real demand for the currency from investors.

Millennials will learn a painful lesson in ponzi schemes!

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Basically, you wake up in the morning and don't know if you are millionaire or poor. On a bright side, same is with Trump

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The worst with the cryptocurrencies is the huge amount of energy wasted for mining a virtual coin of uncertain value.

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Literally every month, the world's largest financial institutions are pleading guilty to misleading customers, manipulating markets or fraud. 

The entire economy is built on a house of cards whose only inherent value is the value we give it - but yah, I guess we should listen to Warren Buffett. He's only got 81 billion reasons to want bitcoin to fail. 

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