Post
Topic
Board Altcoin Discussion
Re: The biggest problem of altcoins
by
CazzataMalanga
on 28/02/2018, 10:01:41 UTC
What is pump and dump,

and how to block?


Pump and dump groups blow massive amounts of money in the market (sometimes hundreds of millions at once) to make the price go up and sell everything with a huge profit only a short time (few days) later. It's market manipulation.

You can't block it or avoid it. The market cap must rise so that pumping and dumping gets harder.