Pump and Dumps Are the Final Indignity for Dying Coins
You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final […]
The post Pump and Dumps Are the Final Indignity for Dying Coins appeared first on Bitcoin News.
So you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you sell, smug in the knowledge that you’ve […]
