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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?
This is also running into my brain because why if bitcoin is rising up also other cryptocurrency will. And another one reason. Why sometimes there are points that bitcoin is rising in so fast minute and then its coming back to the lower price. I mean the last sold tokens are so low in value. Then the bigwales will buy it.