Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices.
Can we get any insight on how the exchanges decide the price of Bitcoins and more importantly, while Bitcoin needs a 51% network attack to break it what about price manipulation on exchanges? Just like the Silver market manipulation, what stops a group of miners with a large number of Bitcoins opening tonnes of accounts across the exchanges and just setting the price? I’m not accusing anyone of anything but just an open discussion
Why isn't there a bitcoin exchange price in this subreddit's header?
I mean it's not like I have any clue how to do that, but it seems feasible at least. You could get fancy and put a chart there too. While thinking about this I realized that the exchange price shown would need to be in a particular currency. Perhaps there could be a way to select the exchange currency. This led me to another thought - do BTC exchange prices vary much by currency? In essence, if $600 buys me either Ƀ1 or ¥3700, does ¥3700 buy me 1 BTC (or within a close margin)?
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Time Traveller's Prediction for Bitcoin Price 2019
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