You are viewing a single comment's thread from:RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)View the full contextView the direct parentlexiconical (72)in #bitcoin • 7 years ago Hopefully this article on how the order book creates a "fake" price will cover your questions: https://steemit.com/taxes/@lexiconical/valuing-steem-rewards-as-taxable-income-is-a-vast-overstatement-of-tax-liability-part-2-the-thin-order-book-and-flash-crashes
Great article, but very outdated - using a BTC price of $1,500 ??
Oh wait, that was 5 months ago :-/