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Can you go into more detail on what kinds of market manipulation ploys exist?
by noja 10y ago
Can you go into more detail on what kinds of market manipulation ploys exist?
- socialist_coder 10y agoBuy coins, create positive news & watch the price go up, sell coins at the new high. Sell coins, create negative news & watch the price go down, buy coins at the new low. Same as what unscrupulous people have been doing since the beginning of commerce.
- sneak 10y agoBack when bitcoin was pennies, I bought BTC and then listed a bunch of nonexistent desirable drugs shipping from a convenient location for sale on the silk road, then dumped the BTC a few cents higher, without ever taking an order. I only made a few bucks, but I was curious if it were possible then to move such a tiny market. It was.
- pierrepoutine 10y agoi'll send you some doge coin for those drugs