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RE: Inside A Crypto Pump & Dump Organization, Part 1 - The Setup + Discord Invite Links For The Inquisitive & Foolhardy!
Crypto will evolve around this I’m sure. It’s scary that these people have zero regard for who in fact their ripping off. It’s a Wild West but eventually order comes and when it does these people will be totally blindsided by it I’m sure. Unfortunately they may still be rich afterwards regardless. It doesn’t matter cryptocurrency will change the world forever so we need these kind of hurdles to make it really last. The bank fiat bubble won’t collapse in a day! Honestly more worried about people like Ellen degenerate spreading false information and making jokes without doing any research. People in positions of voice and power need to grow some brains and think for themselves
The market does a pretty decent job, even at these lower market cap levels, of smoothing these over. The real victims are those who execute these pumps slowly and poorly - the bagholders are the slowest in these groups, and anyone who gets stopped out.