So their “evidence” is that people use new tether to buy bitcoin after bitcoin prices have gone down. Fundamentally they don’t show that people aren’t buying tether but they falsely claim it is evidence of manipulation. The data could also be explained by folks purchasing new tether to buy bitcoin. The paper is from 2018 and tether has gone through numerous government investigations since with no major action. This paper lacks anything resembling real analysis and does not meet the standards of a scientific paper.
Source: I’ve been on more than 40 physics papers and have personally solved more than one impossible physics problem.
You think it’s not manipulated because institutions set up financial instruments that people can throw money into? Seeing as you felt the need to reply to the same message three times in rapid succession, I can see you’re very confident that bitcoin is not manipulated. Have fun with your totally-not-manipulated bitcoin propped up by printing.
https://quantpedia.com/a-very-influential-paper-about-tether-bitcoin-relationship-manipulation/
So their “evidence” is that people use new tether to buy bitcoin after bitcoin prices have gone down. Fundamentally they don’t show that people aren’t buying tether but they falsely claim it is evidence of manipulation. The data could also be explained by folks purchasing new tether to buy bitcoin. The paper is from 2018 and tether has gone through numerous government investigations since with no major action. This paper lacks anything resembling real analysis and does not meet the standards of a scientific paper.
Source: I’ve been on more than 40 physics papers and have personally solved more than one impossible physics problem.
I bet you claim that the dollars in bitcoin ETFs aren’t real either. Bitcoin ETF is growing far faster than gold did. https://finance.yahoo.com/news/blackrock-bitcoin-etf-becomes-fastest-192152139.html
You think it’s not manipulated because institutions set up financial instruments that people can throw money into? Seeing as you felt the need to reply to the same message three times in rapid succession, I can see you’re very confident that bitcoin is not manipulated. Have fun with your totally-not-manipulated bitcoin propped up by printing.
I’m not worried about bitcoin. I’m tired of the same nonsensical and unsubstantiated arguments made from ignorance. Have fun being ignorant.
That paper is bullshit. Source, have a PhD.