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Researchers find that one person likely drove Bitcoin from $150 to $1,000

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Re: Researchers find that one person likely drove Bitcoin from $150 to $1,000

#4
Bitcoin topped out as soon as the futures went live. Massive contango on a regulated futures market may have been a factor in "reeling in" price. The spot market is so thin that it didn't seem to take much open interest in the futs to whip the underlying.

It's conceivable that some spot exchanges are or were still from 2017 to now, either malicious and/or incompetent, which would facilitate the continuation of such behavior, likely by more players than one or two.

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