One of the member here in the forum posting his insights regarding with price manipulation had caught my eyes to read and indeed i am also agree with his idea and i think this is possible so i am putting this one in a thread for the other member to discuss with and here is his post:
Re: Price manipulation
Today at 12:59:57 PM
Reply with quote
Not like it is possible, it is being done every day. This is a speculative market and the fact is that the whales do take advantage of it a lot and try as much as possible to gain huge position and make a lot of money with it.
It is nor a regulated market, so things like this should be expected but the investigation that is being done goes right, and we get to see some regulations in place to limit or eliminate things like this, then it would really be a great advantage for the space as we either get to see a real non manipulated uptrend or a downtrend.
From "dare waller" BCT Profile Link : https://bitcointalksearch.org/user/darewaller-557005
What do you think of these guys is this really possible to create a space and minimize those day trade events by passing or making a cryptocurrnecy regulations on day trading?
Well i am hoping that there could be regulations with the day traders to get a good and strong market price increase that is fair to all the investors without using a system that will automatically trade and let them earn in easiest as possible. I think there is a way to divert day traders and let get another way to earn instead of doing day trade. It is not fair because other might not be ideal to day trade especially local exchange has higher transacation fee that will relatively will lead to loss some of the money instead of earning on it. Re: Price manipulation
Today at 12:59:57 PM
Reply with quote
Not like it is possible, it is being done every day. This is a speculative market and the fact is that the whales do take advantage of it a lot and try as much as possible to gain huge position and make a lot of money with it.
It is nor a regulated market, so things like this should be expected but the investigation that is being done goes right, and we get to see some regulations in place to limit or eliminate things like this, then it would really be a great advantage for the space as we either get to see a real non manipulated uptrend or a downtrend.
From "dare waller" BCT Profile Link : https://bitcointalksearch.org/user/darewaller-557005
What do you think of these guys is this really possible to create a space and minimize those day trade events by passing or making a cryptocurrnecy regulations on day trading?