Was gonna DM you because the more I hear you rant, the more I’m convinced you truly don’t believe this is wrong and think you did nothing wrong, but I'll post publicly as you posted publicly. I obviously have the other opinion (as do many of the smart traders/investors I’m asking about this), so we’ll never reach consensus. I’ll just leave my opinion here, you can take it for what you will, and I’ll quit posting about it.
I know TA extensively, which is why I find it all so troubling, and think your points about TA are only strengthening my case. The reason is because you worked with a huge group (~750 people) to create the illusion of a technical setup to get other traders outside of your group in. Combining the private pump with the public pump, then forcing the price into an upward channel by controlling when the entire group buys/sells is market manipulation, straight from the definition of it.
This is different from posting a picture of TA and letting followers figure it out. You know the influence you have over that group, and you know by telling people in the group to buy you are CREATING the indicators which people then buy/sell off of.
Taking a step back from just you doing it and focusing on the bigger picture of groups manipulating breakouts, there isn't anything that can be done to stop it in an unregulated free market, the only solution is for everyone to act as ethically as they can. That obviously puts people in a prisoner's dilemma where it is more profitable for defectors to act unethically, but you are making enough money from your group that you can afford to be completely above reproach. Let's just go our separate ways, you take what I wrote to heart, and try to be better.
Of course what Jihan/Dimon did is also manipulation, and what they did is actually illegal (spreading FUD is against the law) whereas this seems to be a legal gray area although it’s certainly frowned upon. It sucks we have no power to stop any of it, but decentralization has it's pros and cons.
I sincerely wish you and your followers GL.
RE: Is what WolfOfPoloniex Doing Illegal?