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RE: The Rise Of The Pump And Dump Groups

in #trading7 years ago

I was thinking about this recently @dragosroua, nature has a habit of making the economic inefficient models obsolete, I am looking at this groups thinking trying to understand the incentive to join one such group and I just can't figure it out ..

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Just found and article https://btcmanager.com/breakdown-cryptocurrency-pump-dump/ quite comprehensive on this theme, still not sure why people would want to join such a group..
it would really make sense for long term holders of a crypto currency as a quick way out, I figure.. wouldn't it ?

plain ol' greed