It’s one of the methods used to drive down the prices of coins and tokens.
It’s used by individuals and groups to artificially drive down prices so that they can buy below market price.
It’s used by crypto companies to rubbish rivals.
It’s used by corporates who don’t understand the market, or know they are late so they need to slow the rush towards it.
It’s used by Government in much the same way.
With so many factors working against crypto currencies, it’s a wonder that any of them are enjoying any success. But they have. Even during this time of heavy losses, the entire industry needs to be looked at before a conclusion can be drawn. Unfortunately, there are many charlatans or even good business ideas, but not suited to the crypto currency ecosystem. As people wise up to this, it causes investors or sell, hold off, or even exit the market altogether. This has the effect of driving the prices and market cap down.
However, even with all the negative factors, the active investors understand that
The blockchain technology that underpins cryptocurrencies is sound
There are many real world use cases that will benefit from blockchain
This is a highly volatile market. (Volatility goes down as well as up)
Given the nature of the crypto currency markets, Stabilise seeks to help investors find some, for the use of a better word, stability. Leveraging the benefits of Blockchain but tying to real world fiat and assets, and using an independent and transparent auditing process, we’re hoping to bring big changes to improve the ecosystem for all involved.