3 ms·
When it comes to bitcoin exchanges, there really is no need for conspiracy theories - there have been multiple high profile stories of very large players engage
by grey-area 6y ago
When it comes to bitcoin exchanges, there really is no need for conspiracy theories - there have been multiple high profile stories of very large players engaged in fraud, embezzlement, and duplicitous price fixing, and they are completely unregulated.
Your confidence in coinbase, given they are unregulated in any meaningful way, is IMO misplaced.
- gruez 6y ago>Your confidence in coinbase, given they are unregulated in any meaningful way, is IMO misplaced. I think you're reading too much into my comment. I wasn't trying to claim that cryptocurrency exchanges didn't engage in shady behavior, I was only claiming that the specific accusation of "they halted trading because of liquidity issues from their pumping" didn't make any sense.
- jMyles 6y ago> When it comes to bitcoin exchanges, there really is no need for conspiracy theories You're saying you don't think that any existing exchanges are conspiring (or have conspired) to defraud? > there have been multiple high profile stories of very large players engaged in fraud, embezzlement, and duplicitous price fixing, and they are completely unregulated. Doesn't this make such theories more plausible, not less?
- somezero 6y agoYou are incorrect. Coinbase regularly gets audited practically every other week by some random regulating body in the country. I’d say ask someone who works there, but you probably won’t as calling any Crypto exchange as ‘Bitcoin’ exchange is something that died off around 2015.