Market Manipulation! Is it real?
Market Manipulation! Is it real?
We often heard about market manipulation in crypto market. It can be true for small cap, or coin that issue by exchange or for the token where most of that token hold by team. But we also heard it about Bitcoin and etherum, when price fluctuate in large scale. I don’t understand how these large cap coin can be manipulate, when these coin are well distributed and decentralized?
People have been saying certain stocks have been manipulated for years. Whether its true or not is hard to prove.
Just today people are accusing Coinbase for providing IOUs instead of buying actual BTC to fund the BTC ETFs. Again whether this is true or not is hard to prove. People think that since the flows are positive for BTC it should be at $100K by now but its not, so they think there is some manipulation going on.
Whether the market is small or big, it wont take a big player to manipulate a certain crypto or stock anyway they want.