{"id":12426,"date":"2019-11-06T23:28:34","date_gmt":"2019-11-07T03:28:34","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12426"},"modified":"2019-11-07T19:45:39","modified_gmt":"2019-11-07T23:45:39","slug":"bloomberg-crypto-and-cnbc-crypto-experts-claim-one-whale-manipulated-price-to-20000","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/bloomberg-crypto-and-cnbc-crypto-experts-claim-one-whale-manipulated-price-to-20000\/","title":{"rendered":"Bloomberg Crypto And CNBC Crypto Experts Claim One Whale Manipulated Price to $20,000"},"content":{"rendered":"<div>\n<div dir=\"ltr\">By Larry Chiang<\/div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">Reading the source code is important. The source is not a summary. The source code is vast and detailed<\/div>\n<div dir=\"ltr\">Here is the summary that is wrong<\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/div>\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/960601839300501506\/wNCEyDTJ_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0)\">Bloomberg Crypto (<a href=\"https:\/\/twitter.com\/crypto?s=11\">@crypto<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/crypto\/status\/1191235935314284544?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><font color=\"#000000\">11\/3\/19, 11:09 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0)\">A lone whale was behind Bitcoin manipulation in 2017, Texas academic says&nbsp;<a href=\"https:\/\/t.co\/PEYcYxByue\">bloom.bg\/33fzIz4<\/a>&nbsp;<a href=\"https:\/\/t.co\/ltUY0u8ZAG\">pic.twitter.com\/ltUY0u8ZAG<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div dir=\"ltr\">Here is the white paper written by University of Texas and Ohio State University professors<\/div>\n<div dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2019\/11\/image2-1.jpeg\" alt=\"image2.jpeg\" id=\"240FF835-5BA5-4503-9633-C50EE17ABBB6\"><\/div>\n<div dir=\"ltr\">john griffin amin shams bitcoin&nbsp;<\/div>\n<div dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2019\/11\/image3-1.jpeg\" alt=\"image3.jpeg\" id=\"746CA6B4-9469-416C-AA99-F96E24AC42F3\"><\/div>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Demonstrably false, as the price of Bitcoin in USD was thousands higher on retail dominated exchanges than on Bitfinex during the peak.&nbsp;&nbsp;<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2019\/11\/image4.png\" alt=\"image4.png\" id=\"47E9A255-8B12-4112-A28D-88D599F78127\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">\u201cThe blue line (Best bid) in this CoinRoutes graph is almost all retail dominated exchanges and the orange (best offer) is mostly Bitfinex.\u201d<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">&#8211; David Weisberger<\/span><\/p>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<\/div>\n<div>\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/583718820990345219\/Q0cGD8vZ_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0)\">David Weisberger (<a href=\"https:\/\/twitter.com\/daveweisberger?s=11\">@daveweisberger<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/daveweisberger\/status\/1191404001411158019?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><font color=\"#000000\">11\/4\/19, 10:17 AM<\/font><\/a><\/div>\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><a href=\"https:\/\/twitter.com\/\u202a@APompliano\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@APompliano\u202c\u2069\">\u2066\u202a@APompliano\u202c\u2069<\/a>&nbsp;Demonstrably false, as the price of Bitcoin in USD was thousands higher on retail dominated exchanges than on Bitfinex during the peak. The blue line (Best bid) in this CoinRoutes graph is almost all retail dominated exchanges and the orange (best offer) is mostly Bitfinex.&nbsp;<a href=\"https:\/\/t.co\/7QRPUnzD2E\">pic.twitter.com\/7QRPUnzD2E<\/a><\/span><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang Reading the source code is important. The source is not a summary. The source code is vast and detailed Here is the summary that is wrong Bloomberg Crypto (@crypto) 11\/3\/19, 11:09 PM A lone whale was behind Bitcoin manipulation in 2017, Texas academic says&nbsp;bloom.bg\/33fzIz4&nbsp;pic.twitter.com\/ltUY0u8ZAG Here is the white paper written by University [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,78],"tags":[],"class_list":["post-12426","post","type-post","status-publish","format-standard","hentry","category-deep-undergrad-crypto-knowledge-9","category-deep-underground-cryptocurrency-knowledge-9"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12426"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12426\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}