Spoofy on Bitfinex drives the price of Bitcoin up $150 in a few hours

in #bitcoin7 years ago (edited)

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Great article on some of the market manipulation going on in the crypto world - the main takeaway for me, don't pay too much attention to what's on the order books!

https://medium.com/@bitfinexed/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4

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Do you remember when in 2015, people still thought that bitcoins were worthless?


Even with the current developments, I think we're only seeing the beginning. What an exciting time to be alive and have front seats at the show!