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RE: BravadoGroup and Several Other MAJOR Crypto Influencers Caught Planning Massive Pump And Dump Schemes

in #cryptocurrency • 6 years ago

Pump and Dump is part of unregulated market strategy in any market that i have seen...stock, future, commodity, CFD.......You make tons of money and lose tons of money too. Once the regulation comes in June 2018....it is illegal to pump and dump. Enjoy the next round of pump and dump. High risk high return.

6 years ago in #cryptocurrency by
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     6 years ago (edited)

    Pump and dumps are already illegal almost everywhere. It's not 'wait for regulation', you can be prosecuted for it today.

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     6 years ago 

    This style of market making (pump and dump) destroyed the penny stock exchanges of yesteryear. Market Markers are already working to create put and call options for cryptocurrency. I suspect we will soon see banks building portfolios of subprime crytocurrency loans lined with credit default swaps.

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       6 years ago 

      Do you know of a specific regulation coming in June 2018?

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