Is Cryptocurrency Trading a Rigged Game?

Is cryptocurrency trading a rigged game? Can it survive the AI-powered *market shaping*? Can criminal probe and regulatory interventions make any difference? How does the rise of cryptobots impact the markets? and what is the relationship between cryptobots and P&D online groups?
During my most recent empirical studies, I realized that bots use two techniques to heavily impact the market according to a dynamically adjustable implementation plan:
a) HFT with a massive use of both fake buy and sell traffic as well as "wash trading" by single account holders, which inevitably require access to a very large fund and/or some significant "assistance" by the trading platform.
b) HFT with the same effects as above but implemented by using *swarm* approach that generates a gigantic *virtual cryptobot* or Virtual Whale without any large fund. The latter seems the result of a very close integration between P&D schemes and HFT. This integration is reinforced by a carefully elaborated media and social media tactics and strategies to *shape the markets*.
Here is the question:
Can a US Justice Department Criminal Probe into price manipulation or any regulatory intervention rein in this sophisticated "mechanism"? What do you think?

Comments

Post a Comment

Popular posts from this blog

Donald Trump and the Last Secrets of the Third Reich

Most recently I had a chance to watch all episodes of *Last Secrets of the Third Reich* by Tim Versteegen on Amazon Prime Video. I was truly shocked to see that the similitude between Donald Trump and Adolf Hitler, the Führer in Nazi Germany, is not only ideological and political. They are unbelievably identical in their lifestyle too: - Hitler was particularly *attracted* by the teenage girl; - Hitler was a *tax evader* so at a certain point established for himself a legal status of *tax exemption* after that he never paid any income tax until his demise in the bunker; - Hitler loved a lavish life and used the taxpayer's money to conduct his luxurious life; - Hitler took care of his henchmen by providing them with money and legal and material advantages and amenities; - Hitler loved and fully practiced Crony Capitalism and nepotism. Watch the series and learn more about how these two individuals are strikingly similar in all aspects of life.
Read more

Hitler’s Circle Of Evil: A Great Documentary to Watch

If you still think that Nazism was a bolt from the blue and that Hitler and his gang were parachuted from another planet, think again. Watch Hitler’s Circle Of Evil to learn how Nazism has grown deep through the German democratic institutions with significant financial support by the usual "hidden hands" to become one of the major nightmares of the XX century that left behind 55 million dead. This documentary is a crucial wake-up call for those wishful thinkers who still dream that the US, and more in general the Western democracies, are vaccinated against such a risk. Just carefully watch the documentary then try to put in perspective many US administrations since the end of World War II, in particular the current Trump's administration. You would be damn surprised to find out that Germany indeed lost the war but Nazism as ideology in its deepest criminal plans continued to our days...underneath... and that it can reappear publicly on the political scene anytime. The Cor...
Read more

California Wildfires: Is this all about climate change?

Image
Golden State Burning The short answer is a big NO! A longer one needs a few more words. There is currently an overall consensus that the electrical lines running above ground are the main culprit of several of the ongoing disastrous wildfires across the Golden State. According to Wikipedia, the state of California has 26,000 miles of high voltage transmission lines, and 240,000 miles of distribution lines. Distribution lines bring electricity directly to homes: Around 66% of them statewide are above ground. That is a dramatic picture indeed. 66% of California's statewide distribution lines are above ground. For transmission lines, the cost of under-grounding is about $80 million per mile while for distribution lines, the same expense is about $3 million per mile. All that compared to overhead lines at about $800,000 per mile. The state's largest utility, PG&E, has 107,000 miles of distribution lines, 81,000 miles of which are overhead. The cost to convert all of PG&E...
Read more