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RE: Market Manipulation - Are Celebrities Like McAfee Manipulating The Crypto Market?!

in #cryptocurrency7 years ago

I couldn't agree more. I won't name names as I can't be certain, but I have seen certain social media influencers in the cryptosphere seriously pump coins up over a space of a few weeks. Then, all of a sudden they go quiet about it and the price drops. A typical pump and dump.

This is shooting many coins high up in the market and hindering some quality coins from growing, and I can see this becoming a trend in 2018. I guess we'll have to see which coin is pumped next!

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Those pumps are all just short term things though. Invest wisely into your chosen top projects and you´ll be fine in the end ;)

Agreed! We'll all do well if we're smart about what we do :) Love the content you put out!