'Black Swan' Author Nassim Taleb Criticizes Artificial Market Manipulation By Bitcoin People: 'Nobody Is Bigger Than The Market'
Portfolio Pulse from Benzinga Neuro
Nassim Nicholas Taleb, author of 'Black Swan', criticized artificial market manipulation, particularly in the Bitcoin market. He highlighted the impact of decreasing trading volumes, stating that it facilitates market manipulation and warned that manipulators would eventually look to exit.
September 12, 2023 | 11:30 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Nassim Taleb's criticism of artificial market manipulation and warning about decreasing trading volumes could potentially impact Bitcoin's price.
Taleb's criticism of artificial market manipulation and his warning about decreasing trading volumes suggest potential instability in the Bitcoin market. This could lead to a decrease in investor confidence, potentially impacting Bitcoin's price negatively in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100