LogFAQs > #895532427

LurkerFAQs, Active DB, DB1, Database 2 ( 09.16.2017-02.21.2018 ), DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicSo, what is causing the crypto crash? Bitcoin has fallen below $7,000.
K181
02/05/18 7:45:39 PM
#19:


It's a pump and dump.

https://en.wikipedia.org/wiki/Pump_and_dump

https://microcapclub.com/wp-content/uploads/2012/08/pumpndump.png

People were pumping cytpo's tires left and right to inflate demand and then when there were enough buyers the people behind all that sold, sold, sold.
---
The poster formerly known as Kakarot181: July 2, 2002 - March 14, 2012.
Irregardless, for all intensive purposes, I could care less.
... Copied to Clipboard!
Topic List
Page List: 1