Post
Topic
Board Marketplace
Re: Regulating body for cryptomarket
by
olubams
on 04/02/2018, 02:31:23 UTC
In stock market the one control in the price of stocks is the country Stock Exchange, how about in crypts who regulating the price of the altcoins in the market? Who set the ceiling price of the altcoins? Who tell that this particular coins are worth of this?

The crypto market by default is to be decentralized where nobody has control ovr the happenings of the market where the price of coins are reflections of the attitude of market participants and nothing else. But today, we have decided to alter that model ruled by profit and creating the right to decide the happenings in the market artificially in ways such as following "expert traders" for market signals, creation and joining of pump and dump groups, following Twitter handles for hints on a particular coin etc. This individually or collectively, decides what happen in the market.