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I wouldn't be surprised, and by that I mean I actually believe, that organisations like Coinbase are directly manipulating the price of BTC in order to create a

• ignoramous 6y ago
  Market manipulation is nothing new but with crypto, manipulation is inevitable and unavoidable, partly due to it being born on the Internet. In fact, the way crypto works, I can only see Coinbase' (and other companies in this space) valuation going up, because for all the hype, crypto is still in the very nascent stages of the adoption curve. A lot is left to be figured out, and that's part of the reason why skeptics and proponents disagree so vehemently. Thus far, the skeptics have been losing, and in my opinion, would continue to.