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RE: Mysterious Trader With "Nearly Unlimited Bankroll" Said To Manipulate, Dominate Price Of Bitcoin

in #bitcoin7 years ago

Really good article. This type of manipulation is going on in every market in the world today. It's all smoke and mirrors. The smaller the market, the easier it is to manipulate. Whenever central banks and sovereigns started buying securities the free market was essentially dead. How the hell are you going to compete with an entity that can print as much money as they want out of thin air?