Post
Topic
Board Bitcoin Discussion
Re: Bitcoin puzzle transaction ~32 BTC prize to who solves it
by
BurtW
on 04/01/2016, 12:55:27 UTC
BTW, whoever created this challenge will be able to manipulate BTC price, won't she/he?
I am not sure exactly what you mean.  I do see a scenario where the creator of the challenge could possibly cause a panic sell off.  Is that what you are talking about?

The creator still has the private keys so they can spend the rewards at any time.  So, they could claim a bunch of the rewards thus simulating a weakness in the Bitcoin crypto?  This could possibly cause a panic sell off if the market believed it?