You are viewing a single comment's thread from:
RE: Proof of Stupidity | Revolutionary Consensus Algorithm
How to build hype.
- Do something.
- Add Crypto/Blockchain "technology" to it
- ????
- PROFIT!
People are sinking money in everything that has to do with crypto at the moment hoping to make an easy dollar...
Never discount someone doing wash trading on an exchange. Sure you lose a few bucks on transfers, but buying your own inflated sell orders with another account can really jack the price of a stock up quick.
this is the source behind a lot of pumps for almost every crypto.
I believe wash orders are how Bitconnect and all of the lending tokens keep their prices up. As long as you have enough liquidity you can pump whatever you want on an exchange you run.