Correction?

price manipulation can still occur, however it would be a lot more difficult if the price was aggregated from a variety of sources similar to how link aggregates the price of ETH at the moment, here is an excerpt for what I'm thinking:

Reliable market prices, and specifically cryptocurrency prices, will be one of the first decentralized oracle networks made available on Ethereum. Market prices are commonly used in the traditional financial industry to determine outcomes for trillions of dollars in lending, derivatives, and other financial products. As these financial products migrate on-chain via the increasingly popular decentralized finance (DeFi) movement, they will also need to consume market price changes “on-chain” as a reliable triggering mechanism, to determine their appropriate outcome. Since many of today’s decentralized finance products focus on the cryptocurrency community as early adopters, the need for reliable cryptocurrency prices on-chain, around which these on-chain financial products are built, is especially acute/necessary.

We’re starting out with widely useful price data like the ETH to USD conversion rate, which we will provide in a fully decentralized manner at both the data source and the blockchain middleware/oracle levels. All smart contracts/Dapps in the Ethereum mainnet are welcome to start using our market reference data contracts here, and anyone can see the contract being updated here.
>pic related
now this is what I'm thinking is possible and would be a potential work around from this manipulated shitscam that is currently coinbase/binance

Attached: connections.png (1072x620, 105K)

Seems like they should, since everyone trades from their own wallet, as opposed to one big wallet on any centralized exchange -- those are impossible to really track. Places like Binance can basically make up fake trades since those trades are handled with an internal ledger tracking everyone's coins. Since that's not blockchain they can just make up whatever they want.

Having said that, whales will still be able to manipulate things until actual regulation comes into place. But even then, people trading from weird countries without those regulations would still attempt manipulation. I'd guess at that point heavy hitting institutions with high-frequency mega bots would come along and those whales, out of reach of regulation, would become targets of the heavy hitters -- they would likely be far away from exchange centers, data would take longer to get to them and the heavy hitters would have even more money than they do.

Would be curious to see if anyone has better insight into this.