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To complement what you said, this has already happened with MtGOX in 2013. The price rise in Bitcoin up to $1000 was largely due to trading bots in MtGOX who pu
by ufo 9y ago
To complement what you said, this has already happened with MtGOX in 2013. The price rise in Bitcoin up to $1000 was largely due to trading bots in MtGOX who purchased bitcoin with fake money. When MtGOX finally broke we say prices exploding inside it, as people desperately tried to cash out, and plummeting everywhere else.