buy lots of coins at $150; announce 20,000 new signups per day; wait for the price to reach 250; sell lots of coins; close down the shop for a day to "cool off the price"; buy lots of coins at $50; rinse repeat.
public relations? nah. manipulation? quite possible.
Topic: t (Read 929 times)
Quote
for instance when the market crashed mt gox wrote a press release they stated 'we are confident that this panic sell will be temporarily and that bitcoin will rise again', in your opinion is this form of public relations intended to create market price manipulation
Unprofessional; yes. Manipulation; no.
Jump to: