Doesn't take a genius to see that crypto can be quite easily manipulated by those "whales." You can even read about these pump and dump scandals where people were caught red-handed before they were able to dump on unsuspecting investors.
I'm quite positive that this is good news for crypto and hopefully this scares off manipulators who deserve to be behind bars.
Topic: Us government has start probe in manipulation in value of cryptocurrency . - page 4. (Read 554 times)
May 24, 2018, 09:20:16 PM
May 24, 2018, 09:16:27 PM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
Yes. sadly US government know what are the value of crpytocurrency especially in the future thats why they manipulating it. they buy large amount of token say they will become a crpytocurrency whales. thats not fair. they should have to work hard its unfair for those other trader cause they controlling the amount of tokens and its value https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
May 24, 2018, 05:34:48 PM
But the US govt can't control every exchange, especially the ones out of The US which have nothing to do with the SEC or CFTC
I think they are just wasting their time trying to control every exchange. Instead of probing into the so-called "illicit tactics" of crypto traders, why not they track down "scam ICO's" first? Why focus on "ilicit tactics" when they can easily formulate a more strict regulation or implement regulations on crypto to fiat transactions that will help them limit the capabilities of what they refer to as "Illicit traders"? 
May 24, 2018, 05:24:14 PM
Yep! I really was overwhelmed in a "flabbergastic" manner when I saw that news flash on TV today. So glad this is coming at a time when so much scams are struggling to ruin the crypto industry for all. It is now obvious that no matter what anyone says about the US, the industry still needs America to make a bold statement on the way forward for cryptocurrency to record more milestones. The probe is a welcome development.
May 24, 2018, 05:23:45 PM
What ever happened to the US investigation on tether (usdt) and bitfinex from january 2018?
Its been 5 months with no news or update on either. The media made especially strong accusations against tether, claiming $80 billion in tether was utilized in buying bitcoin to keep btc's price overvalued. It is possible these "investigations" are merely FUD or politically motivated smear campaigns against crypto currencies.
If real evidence against tether had been found by now, it might make sense that they would have published it. The same with the media driven claim of russia "hacking" the US 2016 presidential elections. The media talked about that forever despite never finding any real evidence that such a thing took place.
Its been 5 months with no news or update on either. The media made especially strong accusations against tether, claiming $80 billion in tether was utilized in buying bitcoin to keep btc's price overvalued. It is possible these "investigations" are merely FUD or politically motivated smear campaigns against crypto currencies.
If real evidence against tether had been found by now, it might make sense that they would have published it. The same with the media driven claim of russia "hacking" the US 2016 presidential elections. The media talked about that forever despite never finding any real evidence that such a thing took place.
May 24, 2018, 03:57:03 PM
I still vaguely understand the meaning of the manipulation of the value of cryptocurrency, I think fraud often occurs in the crypto through ICO, I fully support all the rules that will be determined by the government, this needs to be done so that fraud can be prevented. and even eradicated.
May 24, 2018, 03:37:31 PM
Inthink it can affect the price of BTC after. Governments are really working hard to provide a check on scamming in crypto and most especially volatility (they want to make it become like the stocks market). Anyways the fact is do we really want to loose the volatility? I think it shiuld be the next discuasion 
May 24, 2018, 02:38:39 PM
I think they are focusing on ICOs and alt-coins, which are generally scams about manipulating price, supply, etc. It would be very healthy for the crypto world if they locked up a bunch of these scammers.
Not only ICO and altcoins but all cryptos and to be more specific they are focusing the Exchanges platforms to fight against traders who practice "spoofing" and "washing" methods, making fake orders, etc.
But the US govt can't control every exchange, especially the ones out of The US which have nothing to do with the SEC or CFTC
May 24, 2018, 02:03:31 PM
In a relatively unregulated and globally-active market, why would the US spearhead the probe into illicit trading? This means they already have interests on the said market and are looking for ways to tax the exchange operators hard alongside the users. What I want the US to do is a major crackdown on illicit ICOs as they're the ones who's causing major trouble in the cryptospace right now, and market manipulation will always be there no matter how many investigations and probes they'd do. Also, have a peek on traditional stock markets and see whether market manipulation is present or not.
May 24, 2018, 12:30:13 PM
I think they are focusing on ICOs and alt-coins, which are generally scams about manipulating price, supply, etc. It would be very healthy for the crypto world if they locked up a bunch of these scammers.
May 24, 2018, 12:26:39 PM
News influences the decisions and feelings of traders and thus the price of Bitcoin.
Personally, I agree with this type of regulation especially against FUD, ICOs, and fake bumping.
If this news is real and the implementation in very large, the price will fall in the short term but will grow healthy in a long time." will be the beginning of the acceptance of the Bitcoin in dealing."
Personally, I agree with this type of regulation especially against FUD, ICOs, and fake bumping.
If this news is real and the implementation in very large, the price will fall in the short term but will grow healthy in a long time." will be the beginning of the acceptance of the Bitcoin in dealing."
May 24, 2018, 10:46:30 AM
Us government has start probe in manipulation in value of cryptocurrency .will it effect the BTC
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
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