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RE: Goldman Sachs Manipulated the Cryptocurrency Market.

in #bitcoin7 years ago

It's actually pretty scary. Circle + Poloniex makes them collectively one of the top 5 crypto exchanges now. They have a huge position in the institutional finance crypto trading world and are also adding Circle Invest - their personal investing app for the likes of you and me. This might be one area that we'd benefit a bit from regulation especially since most exchanges don't yet allow shorting. Once some exchanges allow that, I think some of these issues become reduced

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I think that other exchanges and decentralized exchanges should be fostered. This is not in the right direction for cryptocurrency.