Post
Topic
Board Legal
Re: Cambridge Analytica type tricks used to FUD crypto?
by
darkangel11
on 24/03/2018, 17:54:04 UTC
Could it be possible that the same kind of analytics and manipulations are called in by banks and/or governments to FUD cryptocurrencies?

Of course! If something can be done you can bet that some people will try it. Watch a bit of youtube and you'll see people doing complete useless things to gain publicity because publicity means money. It's how all social media work.
Cryptocurrencies are still a gold mine and where's money to be made there will be people trying to make it. A great example of this was that "campaign" of Bitcoin Cash. Now it's more of a BCC (bitcoin crash) than BCH Cheesy but back then there was a moment when they were shilling so hard that they managed to induce a market panic and people started selling BTC for BCH. It didn't last long, less than a week, but the pumpers made a lot of money on it.