Bitcoin Price Boosted By Market Manipulations, Researchers Claim

[Henrikbliss]

Bitcoin’s 2017 Bull Run may have been no more than market manipulation, according to a study released on Wednesday by the University of Texas.

The study claims that Tether, a digital currency tied to the U.S. dollar, may have been used to artificially inflate Bitcoin prices. The paper stated that at least half of the 2017 rise of Bitcoin prices could be attributed to coordinated price manipulation.

Read More: https://news.bitzamp.com/bitcoin-price-boosted-by-market-manipulations-researchers-claim/

[felixesteban]

Ever since tether first appeared, there were clouds of doubt on it and many people kept saying it was going to damage to the market. It seems that there is truth on these statements. Perhaps, as most people claim, we will never see new ATH at the bitcoin price again.

[Alcor]

Until now, no one can explain why so dramatically increased the cost of bitcoin in December last year. Of course, without coordinated actions to artificially raise its price here could not do it, it is an obvious fact. I think that someone got a good profit on it. However, the crypto-currency market still can not recover from such manipulation with bitcoin.