I was thinking on some news i read a couple days ago some news about the bitcoin price manipulation. What would happen if we make a coordinated trading whit a high number of tradings partners explaining better buying and selling at the same time with all tradings partners buying will grow up the price and selling will down the price in some way the price will be predictable it could work better in low price cryptocurrency like NXT on USDT to manipulate the cryptocurrencys price a high amount of money is necessary but if we dont have a high amount of money we need many tradings partners operating at the same time it could get the maximum profit for all please tell me if it could work
That would be almost like a pump and dump group, but that is illegal and I don't really think that would be good for crypto, since we want to legitimize crypto, and using it in illegal manners wont get us there. Of course there are trading groups, where people try to analyze the market together, an eventually follow each others tips, and although that might end up being almost the same, it's different in principal and not illegal.