Latest article by
www.wired.co.uk stated that a newspaper by researchers at the University of Texas at Austin's department of finance indicates that someone at Bitfinex cryptocurrency exchange may have artificially inflated the price of coins including bitcoin, ether, and Zcash. The responsible for this appears to have been Tether, a cryptocurrency with the same CEO as Bitfinex.
What are your thoughts about this? Do you think they really manipulated the price? Is it possible?
Off course. Manipulation happens on every levels of human society settings, especially on economical matter. Every Bitcoin ETF application on 2018 (including by VanEck & SolidX) will likely be rejected because the applicants will have a hard time to explain to SEC on how the crypto market will be 'resistant' to price manipulation.