Post
Topic
Board Service Discussion
Re: BTC price manipulation
by
finnile
on 03/03/2015, 06:45:41 UTC
If I will launch a big site with BTC/USD rate forecast, will it be cool?
Lot of people will visit this site and see - if it says - buy bitcoins now! - they will buy and price will grow.
When it will turned to sell bitcoins - people will sell, and price will go down. How do you think, should I launch this? Smiley

There are sites which actually try and predict what the price will be in the next few hours. But nobody follows it based on that.
What you seem to be suggesting is a pump and dump group similar to altcoins, but that will not work for bitcoin at all