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.
It depends what we mean by manipulation, since something like stocks also move with good and bad news, so it is not surprising that something like crypto currencies are affected by such news in fact is the most natural thing in the world.