|
|
|
|
|
|
by aidanlister
2423 days ago
|
|
|
I'm not sure what you're understanding what the article claims - Bitfinex wasn't just increasing the price on their exchange by showing a fake price. They created money out of thin air and handed this out to players to buy BTC with. Those players then bought BTC in quantities that drove the price up. They created price-inelastic demand out of nothing (you don't care about the price as much if you're buying them for free). |
|
|