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RE: Pump and dump.. What are your thoughts?
I think it's a really bad thing. Exchanges like Bittrex are already taking actions against this. If you would be active in a pump and dump group, they will block your account.
Yeah I have been looking into it more and damn its just to pathetic to see. I mean, I get its nice to get free money but on the expense of others losing loads of money.. it's just not worth it. You could say, 'but hey they are buying it not me?'
But the thing is they promote as if you get money but you will loose. It's just deceiving.
Not only that. But it also gives governments a 'reason' the regulate the market.