A single anonymous market manipulator caused bitcoin to top $20,000 two years ago

Discussion in 'Digital Currencies' started by openeyes, Nov 4, 2019.

  1. openeyes

    openeyes Well-Known Member Silver Stacker

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  2. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    Every man and his uncle was talking about or buying bitcoin in the last half of 2017, wallet numbers / exchange signups were booming, the euphoric rise wasn't the result of a single trader.
     
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  3. openeyes

    openeyes Well-Known Member Silver Stacker

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    What data is there to counter the research conducted on the blockchain transactions to substantiate your point?
     
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  4. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    I remember reading the study last year and not being convinced by the arguments. You've really only added a headline to this thread, so let me add a headline that counters what has been implied and if you'd like to make a more detailed post highlighting the data and arguments which were most convincing to you, then I'd be happy to engage further.

    The basic premise of their argument was that Bitcoin being purchased with Tether as the price was falling is evidence of market manipulation, but it could alternatively be a sign of investors BTFD.

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  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The law will catch up sooner or later and it will come home to roost and the tax man will be working on the digital trail.
     
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  6. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Not many people lost Huge amounts of money though.
     

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