Post
Topic
Board Economics
Re: Is it possible for someone to manipulate the virtual currency market?
by
Kiss me
on 17/06/2018, 17:37:28 UTC
Of course, happens all the time. Google pump and dump - see the crazy stories about how organises some of these schemes are.




I think If the company has high liquidity, it is used by big banks and companies. For profit speculation. They have an informal arrangement among themselves to buy the currency of EN masse. Thus creating hype and artificial demand for currencies that currently no supply.
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to generate quick profits. Various methods of manipulation From information technology to everyday psychology is used.