And that’s a lot of the trick. Folks sell it amongst themselves to create the illusion of demand. Some sucker comes along and buys it, and the trap is sprung.
I wish I was a more unethical person. I feel like I could do really well in this space.
I wish I was a more unethical person. I feel like I could do really well in this space.
If you’re really confident, then you should try it. You can always return the money if you’re successful.
Chasing money for ... ? The answer to that question doesn't usually lead anywhere good.
Stay ethical, if you are you're killing it.
Because of the mass recording of our society, I actually think a reckoning of some sort may happen. At least, future generations will have quite the magnifying glass to judge our actions.
My optimistic take is the next generation will be able to learn more from the past than ever before from it.
How could you possibly know this? Basically the entire blockchain ecosystem is set up to prevent distinguishing whether wash trading is prevalent or not.
Edit: And even if you can establish that there's multiple people involved, they still might be colluding among themselves to create the illusion of demand.
Public NFT trading telegrams are a very noisy/scam-y scene, I think that many people gravitate towards smaller private ones with a circle of <50 friends.