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?
There are surely several cases of manipulations, so i cannot dispute that. I discovered that if some whales are so desperate to manipulate, they do not mind selling off a good amount of bitcoin for instance at a very ridiculous price, just because they want to manipulate.