Post
Topic
Board Economics
Re: "Market Manipulation" - how does it happen?
by
Rampton
on 21/11/2014, 14:10:51 UTC
The BTC price is a little frustrating.  I keep reading about "market manipulation" dragging it down.  How does that play out exactly?

There are many ways people can manipulate the price. Remember, bitcoins value is supply and demand so tinkering with the supply of them can effect the demand. Bitcoin isn't the only thing open to this manipulation though. I read recently the banks got caught manipulating currency prices and were find because of it.

http://www.reuters.com/article/2014/11/12/us-banks-forex-settlement-cftc-idUSKCN0IW0E520141112

I'm sure there's much more shady behaviour we don't even know about too.