Re:An anatomy of Bitcoin price manipulation
by latchkey on Monday January 17, 2022 @02:45PM
(#29970890)
Any market with insufficient liquidity and an easy way to trade, is ripe for this. I'm sure you could look at the price history of all sorts of stuff on Ebay and Amazon and see many many cases of this.
Imagine a seller buying their own products cheaply and giving reviews. Then come back and raise the prices when the product gets listed higher up in the search results.
I recently bought some KF94 masks on Amazon cause they were crazy cheap. Came back a few days later and the price went from $8->$25. A few days after that, the entire listing was gone.
Imagine a seller buying their own products cheaply and giving reviews. Then come back and raise the prices when the product gets listed higher up in the search results.
I recently bought some KF94 masks on Amazon cause they were crazy cheap. Came back a few days later and the price went from $8->$25. A few days after that, the entire listing was gone.