it doesn’t pump the market at all because it just keep buying and selling as the market moves.
I think it does not matter either market is moving equally in buying and selling trading volume it do have an effect on price.
Because i have learned so far that Wash trading mainly exists to manipulate the market.
How "wash trading" is perpetuating crypto fraud You can take few examples from this article to understand what is wash trading and how it has the same purpose as Pump and Dump Schemes has. I am not saying you are wrong but I am saying I might not be wrong.
Market manipulation has nothing to d....
That's an obvious thing that market manipulation brings fake trading volume and it is totally unfair for real trading volume to share the same room with fake ones. (which means fake and real both combined used as "trading volume" there is no option of "fake trading volume" and "real trading volume" we can see on any of the websites).
In stock market this kind of behavior is not allowed and he would have face fines.
Yes, those who try to manipulate the market must have to face penalties. Just like the ones who tried to manipulate the market a few days back,
Actor, Actress & Influencers are charged for conducting illegal Crypto Schemes by Flexystar.
The same big celebrities who like to play with people's trust have to face penalties. But another question arises here why it did not happen? Like why they did not charge with money to manipulate the market, to play with users' money.
Profit by building up the price of the coins then dump to gain profit. They often repeat it so they buy at the bottom making their position stronger with a larger amount of coins and profit from the pump-and-dump scheme.
Understood, You really cleared it up, so this is what you are trying to say, Wash trading scheme is used to increase BTC price, (not only of BTC of course) but in Pump and Dump scheme, activists also dump the price to gain profit by taking entry in "short". Please correct me, if i am wrong.