Thread: cryptocurrency
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Old 11-27-2017, 05:04 PM
fash fash is offline
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Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]
stuff like this is why I will never spend 1c on bitcoin

it has been a giant scam since day 1 from some really smart Japanese guy and its an extremely cool concept

should something like this come out from a real financial agency and be regulated by a real entity it would be super cool

people offer me bitcoin all the time and I say if its worth money go sell it and pay me in USD or RMB
All the schemes mentioned in that article (I skimmed) are really old school practices of manipulating security prices, not just cryptocurrencies. Any dilettante trader has to be aware of them to manage risk because they happen in any market (granted they are overseen by govt bodies that effectively mask the volitility e.g. the SEC in the US tries to crack down on such practices). The difference is it's billionaires, not millionaires.