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?
I think some exchanges are aiding the manipulation of some coins. Then apart from that, some groups of people also plan that, which is why a particular coin might pump on one exchange, then on other exchanges, you would see it to be lower. There are even times that what is seen on CMC, as a result of manipulation by some exchange, will be different after visiting individual exchanges.