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RE: How can fake news crash a market in seconds? China getting cheap coins again

in #bitcoin7 years ago

Freedom has consequences. If the bitcoin community wants to have a truely free market, than we have to deal with the fact that the market will be manipulated. There is no institution that will punish anyone like in traditional finance sector. There is nobody who you can sue or get your money back if you got scammed. You won´t have an insurance that will protect you from frauds and stuff like that.

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Very good point! Is what we have to pay for a free market, but still the whales can manipulate every coin and they are doing it because there isnt any punishment yet.
Thanks alot for your opinion, very good!