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Author Topic: [RANDOM THOUGHT] If I were the bank system...  (Read 160 times)
ladymarian
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August 31, 2017, 09:09:35 AM
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...I would probably create a cryptocoin and pump it to the moon, like top positions of coinmarketcap, and then make it fail miserably. Triggering a cryptomarket earthquake that would bring everyone back to the fiat.
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coinfoundry
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August 31, 2017, 09:30:51 AM
 #2

...I would probably create a cryptocoin and pump it to the moon, like top positions of coinmarketcap, and then make it fail miserably. Triggering a cryptomarket earthquake that would bring everyone back to the fiat.

Market manipulations like this happen every day with a lot of shitcoins and even with established coins. There are players out there with deep pockets.

http://www.zerohedge.com/news/2017-08-06/mysterious-trader-nearly-unlimited-bankroll-said-be-manipulating-bitcoin-price

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August 31, 2017, 09:50:59 AM
 #3

 Grin and no one will never use ur bank again. Or everyone will find and burn ur house.

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coinfoundry
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August 31, 2017, 10:08:11 AM
 #4

Grin and no one will never use ur bank again. Or everyone will find and burn ur house.

You don't realistically believe that Banks would conduct this using their own systems, do you? There are strawmans for these kind of activities.

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August 31, 2017, 10:37:13 AM
 #5

this happens every day in cryptoland because it is not regulated. yet. but bank are if they would do this they would get in a lot of trouble is my guess. and it makes no sense to loose money just to make a point how you can pump and dump. cryptospace would endure and laugh at the attempt and some would make good money out of the banks try
ladymarian
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August 31, 2017, 11:00:25 AM
 #6

I was thinking about Ripple... could it be a Trojan Horse?
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