Post
Topic
Board Speculation (Altcoins)
Re: Scammer Can affect the ETH price.
by
Asgard124
on 25/12/2018, 14:04:16 UTC
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?
I agree with this. This have been the case with Ethereum and part of the reasons why Ether keep falling in price. It is one of the most used coin during ICO'S and this day most projects are of scam. So they sell off their Ethereum almost immediately without Mercy.