Explaining the Justice Department/CFTC criminal investigation into Bitcoin trading — and likely Bitfinex/Tether
A rundown of what market manipulations warrant a criminal investigation — and why Bitfinex/Tether are a likely focus.
Tag: gdax
Notes from the crash: watching the Bitcoin pumps and dumps live on GDAX
If you know what you’re looking at, the GDAX depth chart is absolutely gripping. It’s like an action thriller movie for very dull people. If you ever wondered why I don’t trade in cryptos …
News: IBM Blockchain, Sergei Mavrodi, carders hate Bitcoin, blockchain use cases, market manipulations
A bit of news, a few good opinion pieces, some nice book photos and the Christmas tweet selection. Also, you should sign up for the Patreon.
Why you can’t cash out pt 1: Why Bitcoin’s ‘price’ is largely fictional
Public discussion and media coverage of Bitcoin assumes certain things about Bitcoin:
• Bitcoin has a price, that you could expect to buy or sell it around.
• Bitcoin is like buying a share in a company, or a commodity like gold — the market works the same way.
• Bitcoin is liquid — you can easily convert your money to Bitcoin, and your Bitcoin to money.
None of these are true.
News: Single source of most Ethereum transactions, exchange execs can’t leave China, Tim Swanson, Spoofy at GDAX
And you thought things were quiet right now.