arcticorangutan on Nostr: Is it possible the price of Bitcoin is being manipulated? There are two ways I can ...
Is it possible the price of Bitcoin is being manipulated? There are two ways I can think of that this might happen:
1) Exchanges holding shadow Bitcoin/Bitcoin as fractional reserves thus covering up actual demand (similar to what happened at FTX).
2) Some central actor shorting Bitcoin at a larger scale thus artificially increasing supply in the short term.
I actually don’t think either of these are very likely to be happening at a systematic scale but curious what others think.
Published at
2023-03-24 12:47:11Event JSON
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"content": "Is it possible the price of Bitcoin is being manipulated? There are two ways I can think of that this might happen:\n\n1) Exchanges holding shadow Bitcoin/Bitcoin as fractional reserves thus covering up actual demand (similar to what happened at FTX).\n\n2) Some central actor shorting Bitcoin at a larger scale thus artificially increasing supply in the short term.\n\nI actually don’t think either of these are very likely to be happening at a systematic scale but curious what others think.",
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