6 years ago
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Bitcoin’s Price Was Artificially Inflated Last Year, Researchers Say
A University of Texas team found evidence that a cryptocurrency boom may have been largely due to manipulation.
Continue Reading https://www.nytimes.com
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Something like "printing" and stop "printing" fiat currencies?
That does not surprise me. I suspect a lot of its value is inflated in general, and is certainly a very volatile currency. Whether it has a longer-term future is another question.
Bodes well for Wall St getting into the business of selling cypto coin futures.