Martin McGinty (CryptoGat) on Crypto Clothesline Podcast
Here at Crypto Clothesline, we’ve asked a number of experts and enthusiasts in their fields to comment on the areas of interest that came up in the interview with CryptoGat (Ivan S.) who has over 70k followers on Twitter and recently had a fall from grace after he was found to be part of a market manipulation scheme.
Martin McGinty, founder of BlockBoxx.io, and long-time fan of CryptoGat, talks to Crypto Clothesline about market manipulation (including the Big Players), staying focussed and responsible in the crypto-space.
Firstly the girls from Crypto Clothesline want to say a big thanks to Martin McGinty of BlockBoxx, for suggesting in person to Ivan S. (CryptoGat) that he chat with us about his recent ‘pump and dump’ blow-out, after returning from Consensus in New York this year, 2018.
Martin talks of “…wacky tweets online inviting you to get into pump and dumps, and crazy giveaway green candles (on trading platform tables) that clearly indicate there’s likely market manipulation going on, especially with low cap coins.”
Martin McGinty, while in no way supportive of these pump and dump schemes, wisely points out however that the Big Boys – the banks and larger corporations, are often even sleazier players in the trading game, than these inner circle groups are… The banks just seem to exercise more poetic license than anybody else. (Said nicely.)
Of CryptoGat himself, Martin admits some affection and affinity with what he’s done in the past. This young 23-year-old came out with a public declaration of having been involved in a pump and dump scheme. Nevertheless, this same guy helped a lot of people make money, he helped them understand HOW to make money, and also how to make better decisions when trading: he’s done a lot of good in the space over the past year or more.
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