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Are you asking if they can buy from themselves...? Or do you think that exchanges set a price and then are given leave by the council of BitCoin to just hand o

by ZoF 13y ago

Are you asking if they can buy from themselves...? Or do you think that exchanges set a price and then are given leave by the council of BitCoin to just hand out an infinite number of BTC's at that price. They have an inventory, yes they could sell coins but it would be view-able on the blockchain if they started moving lots of inventory through a major exchange.

corin_ 13y ago
They are an exchange, not a shop. They would be buying from their users, not themselves.
- dpanah 13y ago
  They are what they want to be. This is not regulated.
- jellicle 13y ago
  And you know this how exactly? Oh right. You have no idea at all, and are completely talking out of your ass.
  - dpanah 13y ago
    Oh yea , who is it regulated by? Yo xhbvtv
dpanah 13y ago
No, they just become the buyer at Mt.Gox for all those sellers, then turn around and sell either already funded accounts with all the Bitcoins they already have had, or they move the ones they just bought round about to the accounts at other exchanges. Who gives a flying fuck you can trace it. You wanted to sell at $260...not them. Who do you think is buying over there for X sakes! All these new buyers coming in? blah