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RE: Bitcoin and Cryptocurrency Manipulation

in #cryptocurrency7 years ago

That is right. No strict regulation here. All things that are taboo in wall street market can be done here. I am very eager to see the development of these coins years to come. This market is as wild as it can be, with so many people from newbies to wall street veterans are jumping in. I think speculators can only play short term though. In the long run they are powerless. Long term investment is much saver because the market will gain value over time.

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I agree, but before the market grows in value over time, I think it needs to correct for the incredible pump that all of crypto received over the past few months. If there is manipulation going on, I think the block of time where it could be profitable is coming to an end. As more people come into the space it will trade more steadily hopefully..