Post
Topic
Board Altcoin Discussion
Re: Altcoins price can be manipulate?
by
densuj
on 28/04/2017, 05:54:11 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.
Yes the altcoins price can be manipulate especially the new altcoins on announcement section,
because it is new coins and needs pump and dump to take investors (traders) but for the altcoins that has large capitalization of price, it will be difficult because of the developers of coins and bag holder must has large of money to di it, the old altcoins move the the price by good news or bad news too.