Post
Topic
Board Bitcoin Discussion
Re: Does Bitmain have a pump and dump team?
by
Velkro
on 03/09/2018, 03:24:46 UTC
Being a multi-billion dollar company that's proven to be pretty cunning, does anyone know if they have a crypto trading desk/s?  With the amount of mining power they possess, it wouldn't be that difficult to prioritize one coin over the other, and dump money to trigger cascades of protections.
They could be doing that. They already found hole in mining to allow them beign ahead of competition which was not moral thing to do.
They are also known from shady actions, but bitcoin is secure because if anyone can pump&dump then there will be teams of pumps&dumbs fighting each other and destroying one another Smiley, simple solution in global market regulating itself.