Post
Topic
Board Speculation
Re: Closed Trading Structures. Price Manipulation?
by
bluemeanie1
on 23/11/2013, 17:31:55 UTC
Is the last rising of Bitcoin a sign of starting closed trading structures?

Example:

The daily volantlity is about 5.000 Bitcoins.

Some people build up a group, which own´s 10.000 Bitcoins.

Through that difference of Bitcoins they can make the price fall or rise, like they want...by selling or buying among themselves.
->The Bitcoins stay in a closed trading Structure.

Is that just a silly thought or theoretical possible?


Thx

I think it's possible that recently, some insiders agreed to move the technology in a certain direction and various financial interests may have bought a significant number of bitcoin, resulting in a run-up in price.

I don't think it's a coincidence that we have a huge market event at the precise time that the core developers are discussing bank-friendly changes to the bitcoin standards.

We are looking to remedy these problems.  http://www.altchain.org/?q=whitepapers/paper2.html