Topic: Is crypto industry manipulated? How bad is it? - page 4. (Read 916 times)
You think it's bad now, wait until the financial industry bigshots start mucking around in this space seriously. Seriously, just look at all the 3rd world fraudsters on this site trying to separate you from your money and imagine that mentality wrapped in an Armani suit with 1e6 times the leverage. Of course the markets are manipulated. But the market is big, and with adoption it will get larger and tougher to manipulate.
In any market we have manipulation, stock market, Forex etc.
Even large banks were caught in fraud on the stock market.
Crypto market is not regulated, have no control from the government so situation is even worse.
For example, we've seen a lot of big jumps in the price of bitcoins and I'm sure that market manipulation is behind.
It's nothing we can do it about it.
Even large banks were caught in fraud on the stock market.
Crypto market is not regulated, have no control from the government so situation is even worse.
For example, we've seen a lot of big jumps in the price of bitcoins and I'm sure that market manipulation is behind.
It's nothing we can do it about it.
I'm not sure how bad the crypto market manipulation is. but when viewed from the many problems such as fake volume on the market, price manipulation and scam projects. this is very disturbing, and can make the market look bad.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Looks like condition of out industry is not in the best shape.
nothing new about this, fake volume was from the beginning, and not only in the industry of crypto...
people just know to recheck volume very simple.
yes their are manipulation but most of the time what affect market movements is selling and buying rate,
the selling rate soon will fall hard because there is coming few startup which help us to buy almost everything in crypto and people will not convert their crypto to paper money to buy things, compare to gold/diamonds which always the selling rate will grow because supply is big and you cannot buy with it, its more store of value for the rich people which dont trust the paper money value.
It has been manipulated from the beginning. Those who have money or those who hold a lot of Bitcoin have been influencing the market for a long time. I am not sure about those who have money, but I know that some of the powerful exchanges have a lot of Bitcoin and they have been manipulating the market for quite some time.
That is why we require regulation but, regulation will make it more controllable by the government and big financial institutions. Which they have been trying for a long time now.
The only option left is to increase the market cap. If the market cap is higher than it will not be easy to manipulate. That is why everybody here is trying to increase the adoption of Bitcoin in their own level.
That is why we require regulation but, regulation will make it more controllable by the government and big financial institutions. Which they have been trying for a long time now.
The only option left is to increase the market cap. If the market cap is higher than it will not be easy to manipulate. That is why everybody here is trying to increase the adoption of Bitcoin in their own level.
Frauds and fake news are all around us, in every industry so cryptocurrencies world is affected too. And in the flood of exchanges is very much clear that not all of them are running honest and trustworthy business.
Still before making any conclusions how bad or good situation on that field is I would like to see some concrete figures. Everyone can claim whatever he wants but without solid data this is just a roomer.
Still before making any conclusions how bad or good situation on that field is I would like to see some concrete figures. Everyone can claim whatever he wants but without solid data this is just a roomer.
This industry is not monitored by any government or institutions so big exchanges or players can manipulate the market or volume for a short time but I don't think they can do it for a longer period of time.
I don't know how bad it is but I have made a good profit from this crypto market and I'm happy for it.
I don't know how bad it is but I have made a good profit from this crypto market and I'm happy for it.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Looks like condition of out industry is not in the best shape.
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