There's nothing wrong with a pump-n-dump scheme. Bitcoin has been used as a p-n-d many times. I've made a lot of money manipulating stupid people into paying more for something than it's worth (I used to work in real estate where it's a normal practice). Bob/Patrick/Steven or whatever took advantage of stupid people, so what? That's a normal day at Century 21 or CB Richard Ellis. People are supposed to be noble and honest because it's cryptocurrency? Oh, please. What screws most people is their own greed. A fool and his money are soon parted is the name of the game.
Can a 12 year old kid go get a loan to buy an overpriced home ?
Many people in crypto are little children..
PS:
Ever heard of the housing market crash / recession ?
What year again were you involved in real estate ?
Further more regulations exist in normal systems unlike this.
Case in point Martha Stewart an old lady who baked pies on TV was thrown in jail for insider trading.
