One SINGLE whale caused the Bitcoin & crypto bubble of 2017/2018, according to Texas academics. According to research entitled “Is Bitcoin Really Un-Tethered”, a *singled* entity manipulated the price of Bitcoin using Tether and trading on Bitfinex, causing the majority of 2017/2018s incredible crypto mania.
Let’s have a chat on why I don’t believe this research to be accurate.
Read the Bitcoin manipulation paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066
Lone Bitcoin Whale Likely Fueled 2017 Price Surge, Study Says: https://www.bloomberg.com/news/articles/2019-11-04/lone-bitcoin-whale-likely-fueled-2017-price-surge-study-says
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#Bitcoin #Crypto #cryptocurrency
** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**