Contact Bob
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Topic: Altcoin pump & dump group - page 2. (Read 1813 times)
Contact Bob
Alts to the Moon - Pump Group
I'm trying to find a few other people to add to my Slack group who'd be interested in pumping some low volume (<2 BTC) altcoins. Our group is primarily made up of former FairPumps members. FairPumps used to be one of the largest groups for pump and dump but the admins disappeared and their website has gone offline.
The pumps we'll be doing will be longer than what's usually typical, the plan is to slowly raise the price over a day and half, exchanges we'll be using are YoBit and Cryptopia
I'm not looking for very many members, 75 at most, trying to keep this group relatively small
No fee to join, I'm just asking that each member have around 0.15 BTC to invest
If you'd like an invite just PM me with your answers to this questionnaire
1. Do you have at least 0.15 BTC you'd be willing to invest?
2. Do you have any experience trading Bitcoin?
3. Do you have any experience trading/pumping altcoins?
How this group works
I'm trying to find a few other people to add to my Slack group who'd be interested in pumping some low volume (<2 BTC) altcoins. Our group is primarily made up of former FairPumps members. FairPumps used to be one of the largest groups for pump and dump but the admins disappeared and their website has gone offline.
The pumps we'll be doing will be longer than what's usually typical, the plan is to slowly raise the price over a day and half, exchanges we'll be using are YoBit and Cryptopia
I'm not looking for very many members, 75 at most, trying to keep this group relatively small
No fee to join, I'm just asking that each member have around 0.15 BTC to invest
If you'd like an invite just PM me with your answers to this questionnaire
1. Do you have at least 0.15 BTC you'd be willing to invest?
2. Do you have any experience trading Bitcoin?
3. Do you have any experience trading/pumping altcoins?
How this group works
I'm still working on the best way to make this as fair as possible, here's what I'm thinking so far
1) I'll give all members 24 hours notice that I plan on announcing a coin the next day
2) I'll announce the coin, the rule will be no member can buy-in at least 30 minutes after the announcement, this gives members time to discuss, if the majority of the group doesn't like the coin I picked, we'll cancel the current pump. Also, this will prevent 'sharks', if we see a giant buy wall appear, we'll cancel the pump, these will all be alts with quite small volume so it should be quite easy to figure out who in the group caused the giant buy candle
3) If the group agrees on the coin and no buy wall appears, we'll proceed with the pump. I'll set maximum price targets for the hour and instruct members to start buying in slowly*
*We do want to raise the price of the altcoin RELATIVELY quickly, but at the same time we don't want this to be a pump that only lasts 10 minutes where everyone loses, like I mentioned earlier we'll attempt to push the price higher for around 1.5-2.5 days
4) I'll set the time for members to start selling the coin off (also slowly, not all at once), in theory by this time enough investors from outside the group will have bought in also, so we'll be dumping on them not other group members
To elaborate more on the process to begin selling, members will be free to exit the market at any time they wish (provided they don't dump all at once), but the guideline will be wait until the sell time is announced, also I will set an 'absolute time' what this means is all members are free to dump the coin after this date, provided for some I'm unable to get online to announce a sell time, as an example a schedule could look like this
July 4 - Post announcement to group that coin will be announced at 7PM EDT July 5
July 5 - Announce coin, begin pumping
July 6 - Pump
July 7 - Pump
July 8 - Announce that sell period is coming soon (market begins plateauing)
July 9 - I announce sell period, All members begin to sell slowly
July 10 -
July 11 12PM - Anyone still holding the coin is free to dump at any price
1) I'll give all members 24 hours notice that I plan on announcing a coin the next day
2) I'll announce the coin, the rule will be no member can buy-in at least 30 minutes after the announcement, this gives members time to discuss, if the majority of the group doesn't like the coin I picked, we'll cancel the current pump. Also, this will prevent 'sharks', if we see a giant buy wall appear, we'll cancel the pump, these will all be alts with quite small volume so it should be quite easy to figure out who in the group caused the giant buy candle
3) If the group agrees on the coin and no buy wall appears, we'll proceed with the pump. I'll set maximum price targets for the hour and instruct members to start buying in slowly*
*We do want to raise the price of the altcoin RELATIVELY quickly, but at the same time we don't want this to be a pump that only lasts 10 minutes where everyone loses, like I mentioned earlier we'll attempt to push the price higher for around 1.5-2.5 days
4) I'll set the time for members to start selling the coin off (also slowly, not all at once), in theory by this time enough investors from outside the group will have bought in also, so we'll be dumping on them not other group members
To elaborate more on the process to begin selling, members will be free to exit the market at any time they wish (provided they don't dump all at once), but the guideline will be wait until the sell time is announced, also I will set an 'absolute time' what this means is all members are free to dump the coin after this date, provided for some I'm unable to get online to announce a sell time, as an example a schedule could look like this
July 4 - Post announcement to group that coin will be announced at 7PM EDT July 5
July 5 - Announce coin, begin pumping
July 6 - Pump
July 7 - Pump
July 8 - Announce that sell period is coming soon (market begins plateauing)
July 9 - I announce sell period, All members begin to sell slowly
July 10 -
July 11 12PM - Anyone still holding the coin is free to dump at any price
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