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RE: Bitcoin Predictions. Who said one million dollars ?
Love it! I try to steer clear of predictions, but they always entertain me.
I think McAfee should re run the original predictions. $5k is likely close to what we would've finished 2018 at without manipulation.
It sure is fun.
University of Texas finance professor John Griffin, who has a 10-year track record of spotting financial fraud, and graduate student Amin Shams examined millions of transactions on cryptocurrency exchange Bitfinex.
In a 66-page paper, the authors found that tether was used to buy bitcoin at key moments when it was declining, which helped "stabilize and manipulate" the cryptocurrency's price. - CNBC