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
This is what called as Pump and Dump and I am totally against it. Besides that, it is really really tough to pump and dump BTC because it is the major pair of cryptocurrencies and is traded at high volume. So a huge amount of money is needed all together to pump and dump BTC. Apart from that, this so called pump and dump scheme won't workout for a long time since only the early investors/traders are the ones who would be able to get maximum profit and the ones who invest late in it will be bag holders who would have bought the coin at high prices. So eventually there will be no investors left to invest as most people would back off by facing continuous losses.