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Topic: Bitcoin price manipulation ongoing? - page 2. (Read 313 times)

newbie
Activity: 96
Merit: 0
June 09, 2018, 01:08:15 AM
#7
There are many forums for discussion about BTC
But this guy gave the right ideas, the news is real, there is good in his mind about BTC
newbie
Activity: 65
Merit: 0
June 08, 2018, 08:47:20 AM
#6
I read recently on Bloomberg that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive.

What do you say about this guys?

Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important.

Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur.

I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question.

Well the bitcoin itself has many competitors which can lead their prices maybe high or low depends of the maintenance or a survery or research, So In fact many markets in the sites can do legal and illegal ways so that they can a good process in making bitcoins grow faster as the day goes by and some government won't allow the bitcoin industry would enter their currency.
hero member
Activity: 994
Merit: 544
May 27, 2018, 07:25:42 AM
#5
I read recently on Bloomberg that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive.

What do you say about this guys?

Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important.

There is a high possibility that the issue on the recent price manipulation is true since the market is going wild nowadays. The volatility is becoming more abnormal and compared to the previous years this one that we have this 2018 is very unpredictable and its occurence has become successive. This is no longer a joke but a possibility of market manipulation.
sr. member
Activity: 714
Merit: 250
May 27, 2018, 07:14:21 AM
#4
I read recently on Bloomberg that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive.

What do you say about this guys?

Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important.

Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur.

I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question.

I agree, it been a big question for everybody and sadly the affected people who bought bitcoin during those green days like of last year December days. If there's a group of investors or bitcoin haters whose liable for this manipulation, I guess its hard to determine them. As this will remain a big question mark for us, keep yourselves calm and stay within control because if you dump you will lose everything that could bring your profit into bigger value.
sr. member
Activity: 490
Merit: 280
May 26, 2018, 06:21:54 AM
#3
I read recently on Bloomberg that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive.

What do you say about this guys?

Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important.

Well, Bitcoin's market is big enough that it's hard to say for sure whether spoof and wash trading occurs/has occurred, but I think it's reasonable to assume that it has and does still occur.

I pretty much know for a fact that such things have occured countless times in smaller, thinner markets in the altcoin scene. Going back many years now. But like you said, whether it's illegal in a market that hasn't really been regulated is the big question.
legendary
Activity: 1470
Merit: 1079
May 26, 2018, 05:56:16 AM
#2
Press

[2018-05-24] Bloomberg - US launches price manipulation probe - https://bitcointalksearch.org/topic/2018-05-24-bloomberg-us-launches-price-manipulation-probe-4212554

[2018-05-24] US opens investigation into Bitcoin price manipulation - https://bitcointalksearch.org/topic/2018-05-24-us-opens-investigation-into-bitcoin-price-manipulation-4220591

Bitcoin Discussion

US criminal investigators bitcoin manipulators - https://bitcointalksearch.org/topic/us-criminal-investigators-bitcoin-manipulators-4290647

U.S. Launches Criminal Probe into Bitcoin Price Manipulation - https://bitcointalksearch.org/topic/us-launches-criminal-probe-into-bitcoin-price-manipulation-4255005

US investigates Bitcoin Price Manipulation ⛔ Who is Spoofy - https://bitcointalksearch.org/topic/us-investigates-bitcoin-price-manipulation-who-is-spoofy-4232272

Justic Dept Investigating BTC Price Manipulation in USA - https://bitcointalksearch.org/topic/justic-dept-investigating-btc-price-manipulation-in-usa-4230971

Economics

Us government has start probe in manipulation in value of cryptocurrency - https://bitcointalksearch.org/topic/us-government-has-start-probe-in-manipulation-in-value-of-cryptocurrency-4227272

Marketplace

US to to launch probe into btc manipulation - https://bitcointalksearch.org/topic/us-to-to-launch-probe-into-btc-manipulation-4235371

The same topic with the same link has been posted on four different boards.

Quote
What do you say about this guys?

Guess through four different boards the topic got enough visibility to carry on discussions. Creating another similar topic would just lead to further spam. Wouldn't have bothered with this response if it was posted by a newbie.
sr. member
Activity: 699
Merit: 274
Crypto Currency Exchange, IPTV, AWS
May 26, 2018, 05:33:34 AM
#1
I read recently on Bloomberg that the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

According to the report, investigators are specifically looking into practices like spoofing (filling the marketplace with fake orders that are later canceled to manipulate others to buy or sell a particular coin) and wash trading (trading with oneself in order to falsely imply more market demand than there actually is). There are forms of cheating that have long existed and been battled in more traditional financial markets, but cryptocurrency’s lack of serious regulation or monitoring may have given these old scams a new place to thrive.

What do you say about this guys?

Let's hope that these allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market, which is really important.
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