Alt Club | Bitcointalksearch.org

milly6

legendary

Activity: 1632

Merit: 1010

Quote from: Joerii on May 07, 2013, 08:52:53 PM

If this is serious, this is pretty disgusting.

An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.

It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.

This thread should be locked and the OP labled a scammer.

shhhh

webwolf86

newbie

Activity: 49

Merit: 0

http://wp.patheos.com.s3.amazonaws.com/blogs/christianpiatt/files/2013/05/bitcoin_precious.jpg

Dexterity

newbie

Activity: 21

Merit: 0

So...who else rode on the WDC waves? Barely mined anything and just bought my coins.

https://i.imgur.com/5Yzi9bl.jpg

hardup

full member

Activity: 140

Merit: 100

Trying hard To Keep Things POSITIVE

Ha ha love it

Quote from: Menelik on May 12, 2013, 12:06:33 AM

"Some people are so ungrateful to be alive."

And then some people have a right to bitch. I'm going to be using bitcoins. They are my favorite cause I got them for free. (END RANDOM SHIT)

jomay

full member

Activity: 167

Merit: 100

Quote from: binaryFate on May 15, 2013, 08:17:09 PM

I do not get what is the matter with people claiming it is like a scam, that it is moraly bad or similar things.
Any "successfull trading" is successful only because it takes money from someone else anyway.

I am sure you did not read my post carefully: https://bitcointalksearch.org/topic/m.2107320.

Any organized market manipulation creates false or misleading prices. The market is not efficient anymore and potential investors lose trust in its fairness and value. This hurts the market as a whole and is pretty dangerous for (alt)coins, as their value is entirely based on trust. Hence coins would possibly gain in value if they were regulated.

I do not care enough if you kill (alt)coins with these practices. But I do think that strict punishment and tough jail sentences are in order for regulated markets as happened in this case: http://ca.finance.yahoo.com/news/ex-fund-manager-sentenced-prison-insider-trading-211424063.html

champbronc2

hero member

Activity: 490

Merit: 500

Alt Club is a joke. With better organization, it could've been something.

Whoever Tyler is, he sadly just isn't smart enough to be a leader.

ca2008hy

newbie

Activity: 19

Merit: 0

Quote from: jambaman42 on May 06, 2013, 02:25:06 AM

Alt Club's has announced the date f the first pick: Wednesday, May 15, 2013. 7pm Eastern Standard Time.

The countdown is on.

http://www.altclub.co

http://collectionofawesome.files.wordpress.com/2010/10/fight-club-slide.png

Edited the picture.

fight

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

I do not get what is the matter with people claiming it is like a scam, that it is moraly bad or similar things.
Any "successfull trading" is successful only because it takes money from someone else anyway.

R_Lem

member

Activity: 94

Merit: 10

run chickun run.... Shocked

ogee

newbie

Activity: 9

Merit: 0

Quote from: jambaman42 on May 06, 2013, 02:25:06 AM

Alt Club's has announced the date f the first pick: Wednesday, May 15, 2013. 7pm Eastern Standard Time.

The countdown is on.

http://www.altclub.co

http://collectionofawesome.files.wordpress.com/2010/10/fight-club-slide.png

Edited the picture.

Let gogogogog

I like all coins but most of them all the one that I can eat Grin

"Buy high from me, I buy em back low from you" Wink

http://www.petersmeats.com.au/images/beef-recipes.jpg

///
ogee

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: zacho56 on May 14, 2013, 09:42:12 AM

Quote from: Joerii on May 07, 2013, 08:52:53 PM

If this is serious, this is pretty disgusting.

An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.

It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.

This thread should be locked and the OP labled a scammer.

Couldn't agree more.

I'm torn; while I hear you that the pump & dump thing seems bad, I'm willing and ready to profit for their stupid methodology... so I'm ok with profiting off of the sheep that follow this sheep herder.

I use the same strategy for investing in stocks prior to institutional investors using their analysis to determine their next move (and I'm trying to guess what their move is before they know).

I consider this similar to penny stock promoters... I don't listen to them, and I think the people who follow them are mostly blind sheep; however, there is some fundamental analysis behind their recommendations, it's just that people use them incorrectly.

Not sure what the right answer is, but it's always a tough call. Granted there are many people who think car salesmen are evil b/c they turn profit off of people who are uneducated and don't know the market value of a car...

Is there a difference? please discuss before making rash quick judgments...

zacho56

member

Activity: 84

Merit: 10

Quote from: Joerii on May 07, 2013, 08:52:53 PM

If this is serious, this is pretty disgusting.

An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.

It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.

This thread should be locked and the OP labled a scammer.

Couldn't agree more.

Praxis

legendary

Activity: 1118

Merit: 1004

So far the pumps have been modest. MNC is the long term promotion goal.

kjlimo

legendary

Activity: 2114

Merit: 1031

Quote from: jgivg on May 12, 2013, 06:54:13 PM

Altclub just announced their pick. Mincoin.
http://www.altclub.co/current-pick-mnc-mincoin-pump-at-800-est/

So did that already happen, or is that what they are planning for May 15th @ 8PM EST?

Joerii

legendary

Activity: 1274

Merit: 1050

Ofcourse the Scammer that runs Altclub already has a ton of mincoins and will dump them on his clubmembers. No honor amongst thieves/

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

So Mincoin it will be.

dman99

member

Activity: 63

Merit: 10

Mincoin it is.

jgivg

newbie

Activity: 24

Merit: 0

Altclub just announced their pick. Mincoin.
http://www.altclub.co/current-pick-mnc-mincoin-pump-at-800-est/

tom_o

sr. member

Activity: 308

Merit: 250

Quote from: limitless on May 12, 2013, 12:07:28 AM

Quote from: 22naru on May 07, 2013, 08:34:00 PM

"Bitcoin is designed to bring us back to a decentralized currency of the people," says Andresen, a 44-year-old software developer and entrepreneur.

And an economist would laugh his fucking ass off.

And we'll be laughing when the dead cat or chicken bounces.

limitless

member

Activity: 70

Merit: 10

Quote from: 22naru on May 07, 2013, 08:34:00 PM

"Bitcoin is designed to bring us back to a decentralized currency of the people," says Andresen, a 44-year-old software developer and entrepreneur.

And an economist would laugh his fucking ass off.

Topic: Alt Club (Read 13910 times)