I feel like part of the rise of ripple is based on people just pumping and dumping. Trying to make a few bucks and pulling out. I still have some faith in the community. People need to understand how important decentralizing is and not fall for these master manipulators.
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The evidence that that's not true is the price mechanics of the recent rally. It had several pullbacks at key selling points like 10 cents, 25 cents, and 30 cents. None of them triggered massive sell offs. You would have to imagine billions of dollars in people pumping for the long haul which isn't a pump and dump by any reasonable definition.
I see a lot of pump but not so much dump.