Bravo to the author of this article. Very convincing indeed, but I do not have the time to go through the same analysis that the author went through, so I'll just take his word for what it is.
Assuming this to be 100% correct, then how is it still free market when you don't know if other large exchanges like btc-china, bitstamp, or btc-e are doing the same thing? The only way the mtgox order book was analyzed was because the database was leaked. You can't expect other exchanges to conveniently leak their database for you to verify.
Topic: Proof of massive fraudulent trading activity and how it has affected the price - page 4. (Read 4409 times)
May 25, 2014, 02:33:04 PM
May 25, 2014, 02:31:08 PM
Just read the report. It's disappointing that the price can be manipulated in such a way. I'm inclined to believe this was all an inside job by Mark rather than hackers.
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May 25, 2014, 02:12:35 PM
Just read the report. It's disappointing that the price can be manipulated in such a way. I'm inclined to believe this was all an inside job by Mark rather than hackers.
May 25, 2014, 01:56:23 PM
i honestly think bitcon's biggest detriment is the immoral/unethical people who use it.. moreso than government. it can be used for both bad and good, just like the USD... but in a lot of ways, it's more convenient for thieves. if you steal cash from someone, it's not quite the same as bitcoin since you don't even need to reveal yourself. same goes with ransoming someone for money.
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