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A comment on “Pump-and-Dump” schemes in Telegram groups drive penny crypto coin prices up. Parent comment

Re:“Pump-and-Dump” schemes in Telegram groups drive penny cr... by jjoonathan on Sunday January 28, 2018 @01:12PM (#16252419)
Society has learned through long and bitter experience that ignoring this particular problem doesn't make it go away. It's exceedingly generous to call the supposition that ignoring it a bit longer will cause it to go away a "solution." I'd call it a pipe dream.
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Re:“Pump-and-Dump” schemes in Telegram groups drive penny cr... by CryptoPunk on Sunday January 28, 2018 @01:21PM (#16252470)
There is no evidence that that is true. As Sowell points, numerous problems that motivated government intervention were getting better on their own:

https://youtu.be/ZppCmAiwpvI?t=28m28s

The cryptocurrency market demonstrates this in accelerated time. The quality of offerings is far better today (though still massively dominated by marketing hype/bullshit) than it was three years ago. The amount being lost to scams was also substantially more, proportionally, three years ago.

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