Post
Topic
Board Altcoin Discussion
Re: Altcoins price can be manipulate?
by
carlfebz2
on 25/04/2017, 14:14:14 UTC
Is it true, Altcoins price can be manipulate?
I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world.
If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
You cant compare Forex trading and crypto trading because they do really differ on volumes and knowing about forex its so vast and marketcap is huge but still manipulation is still possible on it but it would be a hard thing for them to execute because once they have been caught they would go to jail and that forex works unlike on altcoin which you can easily manipulate price specially if you are a bag holder then pumping and dumping on coin would be easy but knowing the right time to ride is the hardest part.