Re: Why you should choose bitcoin?

#11
Bitcoin dominance in the market is as well a reason. BTC itself is traded more on a daily basis than all other cryptocurrencies COMBINED. Thanks to this, it is much less resistant to typical pump and dump schemes.
Pump and dump is a scammy strategy, banned on stocks. It is about a conspiracy of a group of users, who buy small and not so popular cryptocurrency. The price of that crypto is skyrocketing, what attracts some other people (pump). These people start buying this crypto from that conspiracy group. The group sells everything (dump) at a high price, and those people who bought that crypto from them are left with worthless cryptocurrency.
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Re: Why you should choose bitcoin?

#13
Linkkoin wrote:
January 10th, 2019, 5:50 pm
Bitcoin dominance in the market is as well a reason. BTC itself is traded more on a daily basis than all other cryptocurrencies COMBINED. Thanks to this, it is much less resistant to typical pump and dump schemes.
Pump and dump is a scammy strategy, banned on stocks. It is about a conspiracy of a group of users, who buy small and not so popular cryptocurrency. The price of that crypto is skyrocketing, what attracts some other people (pump). These people start buying this crypto from that conspiracy group. The group sells everything (dump) at a high price, and those people who bought that crypto from them are left with worthless cryptocurrency.
Since its creation in 2008, Bitcoin’s biggest boosters have been computer geeks and libertarians. But recently, they’ve been joined by a growing number of mainstream investors and entrepreneurs who see bitcoin—and other digital currencies—as a legitimate asset class such as stocks, bonds, or commodities. If you are looking for Develop Cryptocurrency Wallet then you can hire Bitcoin Wallet Developers
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