Are you asking if they can buy from themselves...?
Or do you think that exchanges set a price and then are given leave by the council of BitCoin to just hand out an infinite number of BTC's at that price.
They have an inventory, yes they could sell coins but it would be view-able on the blockchain if they started moving lots of inventory through a major exchange.
Or do you think that exchanges set a price and then are given leave by the council of BitCoin to just hand out an infinite number of BTC's at that price.
They have an inventory, yes they could sell coins but it would be view-able on the blockchain if they started moving lots of inventory through a major exchange.