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by jerf
1857 days ago
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"Except the market manipulation, that'd be hard for me to see. It's also a kind of extraordinary claim, so please provide some extraordinary proofs that there actually is manipulation." I guess that depends on your priors. Given the nature of the market, its opacity, its lack of regulation, the sheer proliferation of the number of cryptocurrencies, the growing interest by large entities like hedge funds with a history of active manipulation, I'd personally consider it the extraordinary claim that there isn't manipulation occurring. Like, if I were to set out to design a fertile ground for manipulations, it would pretty much look like the cryptocurrency space. |
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And since you also claim it's do easy to manipulate, wouldn't it be easier to provide proof of this?
When thinking about it, i'm not even sure how I could provide any evidence that it isn't manipulated... Any ideas?
> Like, if I were to set out to design a fertile ground for manipulations, it would pretty much look like the cryptocurrency space.
One tip for your future scam-network: don't design your entire ecosystem around the idea that you want to have a forever-stored global ledger of all the transactions, as it'll be easy to trace everything whenever. Better to have a few entities controlling the ecosystem that the public don't have insight into.