Crypto Market Manipulation Officially Being Investigated

Europe, as in EU?

Oh look government is assuming everyone is an idiot needing protection again. This will end well

you can't prove it, but you can gather evidence that is beyond reasonable doubt and that's enough

>250 BTC sell wall appears
>30 seconds go by
>250 BTC sell wall disappears

I think it is obvious....

>remove manipulation price
>bitcoin return to normal $100

>bullish

Prepare your anus user, this is going to create so much downwards pressure it will be epic like the crypto world has never seen before. Since 90% of all the coins and trading volume in crypto is fake, rigged or a downright scam, this will be utterly brutal for the market. It will take years to recover, and maybe it never will. It was fun while it lasted

that is only bullish if you don't know that 90%+ trade volume and market cap is fake

that's what cryptocurrency needs to be taken at least somewhat seriously. Nobody is gonna researching crypto when you have chink scams in the top 20

What's insane is that 250 BTC has become a huge deal.

Time to short boys !

>The illicit tactics that the Justice Department is looking into include spoofing and wash trading -- forms of cheating that regulators have spent years trying to root out of futures and equities markets, the people said. In spoofing, a trader submits a spate of orders and then cancels them once prices move in a desired direction. Wash trades involve a cheater trading with herself to give a false impression of market demand that lures other to dive in too. Coins prosecutors are examining include Bitcoin and Ether, the people said.

this

Die.

G-guys? If they "solve" this w-will the price increase or decrease????

Go and short on Bitmex, great idea

Not really. Could be a fatfinger, for example; 30 seconds isn't long enough to make an impact.

take away price manipulation and BTC goes back to under 1K

it won't be for long

It will increase but it will take years to reach ATH imo

funds are... safe?

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yup. and the whole of crypto with it. Buh bye

Yeah but I'm trying to say that fake orders are easy to spot

adoption is happening.

Yes but it wont be any crypto that you can buy now

Pretty much this. Anything that isn't being used or adopted goes to pretty much zero. Everything else moons like fucking crazy because all the speculative money is being put into far fewer projects.

what's wrong with the shitcoins failing? Bitcoin Diamond and Ethereum Classic have no reason to exist.

This is actually happening
bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe

Seems like FUD. The SEC chairman recently announced that bitcoin isn't a security. blockexplorer.com/news/bitcoin-is-not-a-security-sec-chairman/

all around... it will be bad for the market
I don't give a FUCK about this gay ass meme chain shit
Just want my lucky gains, trading the charts

This will fuck shit up ;(

That isn't true. There is a crypto which is piloting with central banks, VCs and commodity exchanges.

Market manipulation is a crime regardless and I have no doubt the SEC is going to expand the definition of a lot of things to include crypto.

good job corecucks

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> Crypto challenges our stranglehold on the world but we really just want to protect you.
> - Sincerely Uncle Sam
> P.S. Be thankful there is not a draft

I think you might be surprised at the number of coins that you don't personally consider shitcoins that would fail too.

It's not illegal actually

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Absolutely nothing to do with Tether.

>bitmex gets fucked
>tfw bitfinex master race
Being a bear right now is the comfiest thing ever

>Article claims it is illegal but hard to determine
Am I missing something?

The word security

Guess that's the reason fake satoshi is getting drunkier and drunkier in his presentations, huh

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bs as usual. kikes afre after your bitcoin - dont fall for it. never sell.

fuck the system

Enjoy the bag

>regulation is good

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haha this is so fucked.

That is just an investopedia article. Market manipulation includes commodities and currencies.

money.cnn.com/2013/07/22/investing/high-speed-trading-fine/index.html

I try my best to only hold coins with solid fundamentals. been getting burned on shitcoins (Darkcoin, Quark) for almost five years now. Today I hold JNT CPC OMG BTC ETH.

I am just a nerd who believes that blockchain will change the world so I'm unreasonably excited at the prospect of the cash grab shitcoin scams dying out.

Doesnt this kind of defeat decentralization?

How will American institutions regulate global trade, especially of crypto? Burgers are shit out luck.

what about digital shitcoins

>I am just a nerd who believes that blockchain will change the world
Kek, I'm just here to get rich.

Good luck famalam, I'll need your bags at -90%

No you good.

>party is over
>we can't manipulate the market to our advantage
>time to exit
>commence dumping

Guys this is like the must bullish sign ever!

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I will let you know when we get a solid answer. Right now it is
>property when it benefits us
>currency when it benefits us
>security when it benefits us

Ethereum doesn't need to exist either, but there are soooooo many deluded cucks who think it's worth something. It is not.

.t not a ETH holder

Quick someone tell Vitalik. STOP THE ICOs
Please tell everyone, this is NOT a drill

It's not a commodity or a currency though.

While I am aware of that you are an idiot if you think that will stop them from regulating it as whatever the fuck they want until they actually create an asset class for it if they don't expand the current ones to fit it.

>usa is relevant in crypto

Why didn't i sell in fucking January?????? I hate my life

>herself

lol k.

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Holy shit I'm glad fucks like you are finally getting just'd
Time to start using crypto like it was intended

I don't live in the US.
This doesn't affect me in any way...right?

hello

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fuck that
90% of us are in for gains
Who gives a fuck about block chain
World is working fine as it is mr elite crypto boomer

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>World is working fine as it is
yeah ok, you try sending $50k to another individual in a different country using fiat and tell me how long it took you.

and you will all lose everything, just like the vast majority of those who participated in the dot com bubble. Yes, amazon and apple later rose far above their dot com highs, but those who participated in the dot com bubble didnt benefit, as they had already lost everything
2017 buyer, I hope you go to 0 like the rest of reddit

In countries where crypto is banned, a lot less time than some idiot bitcoiner trying to run around to find a local person to exchange bitcoins into currency with.

obviously but crypto will never be adopted anyway so I don't really care. I just get happy on big moves, going sideways is boring as shit

This article is being deleted left and right on Reddit

Back in the dot com days, very few even had a computer, much less one that could fit in a pocket.
It is not a good comparison, at all.

you fags are so dumb its mind blowing... just like every other time in cryptocurrency history we're going to get this news, prices will crash for like a week presenting an incredible buying opportunity, and then everything will recover and things will move on.

When was the last FUD that actually stuck? We had Korea, China, India, Korea again, exchanges hacked, exchanges exploited, Mt Gox dump, on and on and nothing ever fucking sticks. Oh okay the US launching probe, great, too bad that cryptocurrency isn't fixed to any particular geographical location or reliant on any one country. Even if the US government straight up issued a statement "crypto is fucking bannned!!!!!!!!!!!!!!!" it couldn't be stopped - yes a ban would be "bad" it would cause a big crash, but literally NOTHING can kill crypto, nothing.

Transferwise.com
about a day

It's there on buttcoin

Wait is there any exchange where you can spoof with fiat? If not we're good.

sshhh, let them sell low and rebuy high. Are you new?

You seem to think the majority of people in crypto arent in it simply for the USD gains. How cute...

No more fiat entering crypto = death of crypto you dumbass.

Unless you expect to be able to buy stuff with bitcoin directly. I can count on my hand the number of companies that accept bitcoin for goods and they're all shitty.

>this is actually bullish
yeah im bullish to buy sub-4k

Im not and most whales aren't either. We are trying to disentangle currency and state to separate concerns and create competition for our valuable lives.

They can't do shit.

They put some pressure on Bitmex and I can promise you we will see sub 3K BTC prices as he cashes that shit out in every way possible and tanks the market.

Will not go below 7300

>biztards think tether is a magical voodoo mechanism that pumps bitcoin

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>Le ebin market manipulation
>Spoofing
Lol, come on there is shady shit happening in the crypto economy and all they come up with is spoofing.

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No nigga Bitcoin fork was the trojan horse. Literally everything got fucked up the moment Bitcoin Cash was created.

not wrong tho

Yeah actually it is if I want to gamble fast and loose with my money fuck you and fuck the filthy corrupt gov. Statist cunt eat shit

just as well. bitcoin needs to die

lel how heavy are your bags faget

I have one big bag that holds my giant heavy balls