ALWAYS BET ON BLACK - Update 12MARKET MANIPULATION BY WHALES - GET BC OR KILL CONFIDENCE IN BCThis is a tiny market and can be manipulated by anyone holding 1000 BTC. If someone saw that this coin was going to succeed and wanted a piece of it then they could just fuck with it until enough psychological damage is done to buy all the coins cheap. In the end it will all payout.Second scenario would be if I want my copy-cat coin to succeed and had enough funding behind it, I could kill this coin and let mine flourish…What can you do to protect this coin?Take all of your coins out of the market… dry up the supply and don’t let anyone touch your coins. In my view there is no other solution unless you are big whale and willing to pay-up the price now and try to control the market This will be nearly impossible with rising prices making it an impossible uphill battle of the rich. Much easier to crush the price now before it goes up.  In Bitcoin we have seen this battle causing the mining frenzy with has increased the difficulty beyond imagination. In this coin the war is now and here.. cannot mine it anymore. Although I have not considered that an exponential Multipool could cause the same effect as Bitcoin.With few coins in the market the price will be easier to control.Ok maybe I have paranoia but this is an UN-regulated market and anything can happen. If the future of crypt-currency rides in unregulated markets then we should be very suspicious of manipulation since this is possible even in the regulated markets…Any way enough of my paranoia bla bla bla…Here is the order book as of 15 minutes ago.Buy-BlackShare this article:The following two tabs change content below.BioLatest PostsBuy-BlackLatest posts by Buy-Black (see all) ALWAYS BET ON BLACK - Update 33 - May 25, 2014 ALWAYS BET ON BLACK - Update 32 - May 24, 2014 ALWAYS BET ON BLACK - Update 31 - May 16, 2014
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