Post
Topic
Board Altcoin Discussion
Re: Electronic Gulden [EFL] vs Guldencoin [NLG] - which Dutch coin do you support?
by
finity
on 09/04/2014, 16:10:28 UTC
I would of invested in efl but if you look at the efl chart on bitterex there was a huge volume spike which looks fishy

And NLG looks more professional and has yet to make break out gains https://bittrex.com/Market/Index?MarketName=BTC-NLG

EFL falling from highs

NLG slowly rising

I was reading the guldencoin.nl forum, and bramvnl actually stated there he's keeping the price artificially high by trading with himself.

trying to pick up the prize and i got btc and guldencoin on the website! pleas help!

ik ben de prijs omhoog aan het halen! kom ook helpen!

Which is kinda weird, based on the whole idea of cryptocurrency's, we don't want intervention from banks and governments that "sell" you money that is overvalued and yet he's(and maybe more since he's asking more people to do it) doing the exact same thing. Letting people pay for artificially high overvalued money.

The worst part is he's actually stating he's making profit on doing this.
You sir are on the fine line of what would be in the real world called stockmanipulation and/or fraud.