Could someone explain to me how, technically, and exchange coud manipulate the prices by putting fake orders?
I can see how to fake the volume, but the price...
I could buy into that possibility. I heard speculation that it might be due in part to Bitstamp trying to rebuy cheap coins to compensate for the stolen money owed? If true, that could account for the sharp 24 hour decline, but still does not detract from the fact that it's been a half year bear market. But certainly a possibility.
Even if Bitstamp finds a way to manipulate the price on their exchnage, how would they manipulate it elsewhere?
I'm not even quite sure it's entirely possible, to be brutally honest.
But maybe the fact that they're still one of the top exchanges in terms of volume means that their own personal btc price is held in high regards by market traders.
It's almost like the mt. gox debacle...everyone was referencing their prices as one of the top exchanges, which never made sense because they were either artificially much higher or much lower than the rest (which screams manipulation).