Topic: Market Manipution- How To Curb It? - page 3. (Read 431 times)
in a big market, manipulation is something you can never stop.
In a market that's free and large, it would be near-impossible to prevent market manipulation no matter how governments team up to stop it. There will always be exchanges that will allow these to happen in exchange of money, and the government wouldn't know that even if they probe and sniff around the exchange's operation as long as someone won't spill the beans. This is to be expected on ETFs: SEC would deny it because of the price volatility without further explanations, no fucks given and no reconsideration at all. I just hope that the next proposals in line would get through the SEC and spell victory for us all, but given the reason by which the SEC bases its decision, it might be too far-fetched to get one going within this year.
Market manipulation is rampant in the cryptocurrency market, this has been evident in recent times where the price of BTC which has the highest market dominance over other altcoins gets manipulated for selfish reasons especially by people who want to profiteer from the system and this is done by so called whales. They either force the price down to get weak hands to sell off cheap or pump the price to certain prices.
With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation. They could not guarantee that the price of BTC wont be manipulated due to the unregulated nature of the market. What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?
With the ETF application rejection of the Winklevoos twins yesterday, the main reason given for the rejection was market manipulation. They could not guarantee that the price of BTC wont be manipulated due to the unregulated nature of the market. What can be done to fix this? Should the SEC come in full swing and put some regulations in place? What will be the impact of this on the over market itself?
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