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Author Topic: Pump and Dump  (Read 188 times)
wudackprod
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May 16, 2018, 11:12:20 AM
 #21

Of course, price speculation(bump dump) not legal in all countries in the world, but we can find artificial change  caused by a group of investors or even a team of project

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jassicaket
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May 16, 2018, 11:24:44 AM
 #22

Is pump and dump illegal or not?
if not can you share a link of it ?
1. yes, you are right way pump and dump illegally this forum do not it.
2. if you share any link so sometimes banned permanently, no consider this bargain.
so be carefully posting.
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May 16, 2018, 05:18:53 PM
 #23

If you are asking it in the context of crypto then it is not illegal to do it because the entire crypto industry is not yet recognized in the eyes of law. However, it highly unethical to plan or participate in any pump and dump strategy. It is none other than stealing someone's money by creating a fake upward moment in the market. On the other hand, those who don't do any research and invest just because the price is going up are equally responsible for their losses.

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June 01, 2018, 11:32:22 AM
 #24

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any form of market manipulation is considered illegal in any country as far as i know. and pump and dump is officially a form of "fraud" which is inflating prices through false and misleading positive statements, so that the manipulator can dump what he bought at a higher price.

Could not of said it better myself and I just read up on a new type of blockchain technology developed by a group by the name of Bitcoin Origin and they have some interesting reforms on how they would prevent pump and dumps through this new technology. They plan to achieve this by implementing a Proof of Ambassador system which will require investors to supply them with certain prerequisites like Proof of Capacity,Environment,identity,stake and community.

Check them out in the link below:

https://www.bitcoinorigin.io/
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