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    Saturday, January 25, 2020

    [Daily Discussion] Saturday, January 25, 2020 Bitcoin Markets

    [Daily Discussion] Saturday, January 25, 2020 Bitcoin Markets


    [Daily Discussion] Saturday, January 25, 2020

    Posted: 24 Jan 2020 08:05 PM PST

    Thread topics include, but are not limited to:

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    • Technical analysis, trading ideas & strategies
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    [Altcoin Discussion] Saturday, January 25, 2020

    Posted: 24 Jan 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
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    Exchanges and their effect on Cryptocurrency

    Posted: 24 Jan 2020 02:50 PM PST

    I've been doing a lot of research on the instituations that handle fiat currency. Mathematically, it seems that by the way banks manage money that there is always some crisis/stability/crisis cycle. Banks artificially manage markets and intervene all the time for their own interests. Now I wonder if similar control could be exhibited by crypto exchanges. I know they can't just make more currency (in most cases). But what is stopping them from grouping up on the back end with other exchanges to pool large funds together and control the market more? Wouldn't that create similar issues like what happens when banks print money?

    Edit: these interventions prevent markets from functioning naturally. Which definitely makes it harder to analyze trends. This affects traders, businesses, and any entity handling crypto, to an extent.

    submitted by /u/Neckername
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