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Topic: How can we stop the “Pump and dump” campaigns? - page 5. (Read 519 times)

jr. member
Activity: 667
Merit: 1
This question isn't general because almost all tokens are pumped and dumped depending on the kind of project. Tokens are pumped by different factors and also dumped by different factors. So there will always be rise and fall because that's how traders make their money daily, weekly, monthly and so on.
member
Activity: 364
Merit: 10
It will be good only if we analyze by ourselves such projects, I do not think that there ever will be something that can protect us from this fraud. I think it is impossible to take those pump and dump campaigns away.
copper member
Activity: 1904
Merit: 254
What are the best methods of protecting the community from these campaigns?




Since pump and dumps are prohibited by law, regulation could make an end to these endless pump and dumps. I don’t think it will be something governments focus on first though, as they want to take part of the cake themselves first before focusing on anything else
full member
Activity: 490
Merit: 106
There is no way to stop pump and dump campaigns because cryptocurrency market is an open market, people can buy as much as they can without any limits if they want to, and they can sell as many cryptocurrency they want.
Removing chatbots from trading platforms might be a good solution to stop the Pump and Dump participants flooding hundreds of messages into the public chat rooms on command expecting to influence fellow traders to buy or sell a certain asset, but this will cause constraints to many individuals in the crypto space.  there is one proposed solution called the circuit breaker, which puts a temporary hold on trading in case an asset’s price moves up or down significantly in a short period of time hence reducing the effectiveness of price manipulation actions. What do you think about this solution?
This can not stop pump and dump from happening, even trading platforms disable those public chat box/room (or whatever you call that) there are still lots of ways to communicate with each other, there are lots of pump and dump groups on social media platforms, telling their members to buy a specific cryptocurrency to pump the price. About this circuit breaker, I don't think it is a good idea, it is like controlling the assets of people and what they can earn, by prohibiting them to buy and sell whenever they want.
full member
Activity: 448
Merit: 109
What are the best methods of protecting the community from these campaigns?




You can't stop them. You could try to push them and maybe somehow lower the amount but they are going to exist in cryptocurrency trading, specially for lower caped coins. You can't restrict people from buying and selling and thus you can't stop these campaigns.
full member
Activity: 714
Merit: 102
what do you mean by "Pump and Dump" campaign?
if it's about the way I think trading is very difficult to stop because the law of a trades that there is indeed a sell and buy. the more that buy automatically the situation will dump and if more and more who make a purchase it will happen pump
jr. member
Activity: 287
Merit: 6
What are the best methods of protecting the community from these campaigns?



Pump and dump was happen by participating of "fomo" peoples. I mean if you aren't greedy, you'll not chase that "green candle", and that method can't effect to you. And stay away form any P&D channel
member
Activity: 336
Merit: 55
Those PUMP and DUMP groups are located in different part of the world and using different types of social media platform like messenger, telegram, discord, slack, etc., to communicate with its members so I might say that it will be impossible for these guys to stop them or even tracking them. The best methods for now is to avoid these P&D groups and it would be better if we just rely on ourselves by doing our own research when trading.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
What are the best methods of protecting the community from these campaigns?



I guess the correct thing is about pump and dump group but it can't be avoided because basically the exchange sites are opened to the everyone. Remember it has been running in an illegal way and organized by some people behind that. The only a good thing to spread an awareness if pump and dump group just a kind of method to fool the members. 
newbie
Activity: 98
Merit: 0
What do you mean by pump and dump most of the project still running based on speculation and News . Even being in traditional equity security trader it was common . Pumps and dumps happen for sure . we cant control in any trading platform . But in crypto space its bit more because its still new . We can restrict for some far by removing chatbot in trading platform.
Removing chatbots from trading platforms might be a good solution to stop the Pump and Dump participants flooding hundreds of messages into the public chat rooms on command expecting to influence fellow traders to buy or sell a certain asset, but this will cause constraints to many individuals in the crypto space.  there is one proposed solution called the circuit breaker, which puts a temporary hold on trading in case an asset’s price moves up or down significantly in a short period of time hence reducing the effectiveness of price manipulation actions. What do you think about this solution?
sr. member
Activity: 434
Merit: 250
What do you mean by pump and dump most of the project still running based on speculation and News . Even being in traditional equity security trader it was common . Pumps and dumps happen for sure . we cant control in any trading platform . But in crypto space its bit more because its still new . We can restrict for some far by removing chat bot in trading platform.
newbie
Activity: 98
Merit: 0
What are the best methods of protecting the community from these campaigns?


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