Nope, they sure wouldn't do it for that.
Long-term manipulation/trading of small volume coins can be done by buying a bunch of alts, in the face of a coming year long downtrend/lateral for BTC where there's very little profit to be had.
They'd lose their shirt if they did what you're saying, because the liquidity would dry up in an instant.
Long-term manipulation/trading of small volume coins can be done by buying a bunch of alts, in the face of a coming year long downtrend/lateral for BTC where there's very little profit to be had.
They'd lose their shirt if they did what you're saying, because the liquidity would dry up in an instant.
+1
Alt coin markets have very little money in them compared to bitcoin. Very few of them even have market caps above $1 million.
And bitcoin itself is not even too far above the one billion market cap.. What's your point? I don't get it yet.
Pretty sure the implication that a three order of magnitude difference in a variable that's absolutely misleading and based mostly off scant volume, that the possibility of making a profit in the way OP displays is inane.
To lose ten dollars, pump an altcoin. To make 50 cents, hold bitcoin on comparison.
