Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XLM] Stellar - Decentralized trading platform
by
tbct_mt2
on 06/11/2019, 05:19:19 UTC
Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/
Personally, I like price manipulation that is necessary for market variations. As long as traders and investors can use their own-built set of criteria to make good decisions to enter and exit market, they will be able to take advantage of price manipulations to earn profits for their portfolios.

All markets have manipulations, stocks, gold, and cryptocurrency market is not the only exception from financial games.