you guys are delusional. The pumpers have left the building and are planning their next vacation and/or car purchase.
Explain to me why a pumper would spend so many BTCs pumping the price to 800k and then ...dumping down to ...68k, in order to crush the price instead of maximizing BTC profit.
It's impossible for the pumper to have made any money on this.
The only profit comes from attacking the coin's price and confidence, leveling it at much lower levels, where re-purchasing the same quantity or higher quantity of coins can take place @ lower cost.
This scheme can only work if people dump at 100-200-300k etc, otherwise the pumper/dumper lost his BTCs to the casual investors.
Pumpers buy so that the price goes up. N00bs and general traders then think something is up and follow the buy trend like dumb blindfolded sheep. The pumpers then do their calculations and wait until the bases are loaded with other traders' buy orders and then wham dump their holdings when the buy orders are large enough to cover their holdings. This was a classic example and many people lost a lot of money with crave.
Dump down to 68k when you know you are killing it / overselling it and it rebounded to 350k a while thereafter? No. There is nothing classic here.
Besides no one said they were smart! We are talking about some of the biggest clowns into CRYPTO here. It is classic, for them!
So the pumper / dumper were also ...stupid... but they made money from the people, or... they lost money (because they are stupid) - whatever... The narrative doesn't add up.
What I see here is simple: There was nothing bad to say against the coin, no actual FUD to throw at it, so someone pumped & dumped at a cost (for him), to throw the "p&d" accusation at it. "Oh people are losing money", "it's a pump & dump like the rest" etc etc.
Like if some "investors" come along and take ANY coin (including bitcoin, litecoin etc) and pump it & dump it, it's somehow the coin's fault.
Then, once the label sticks that it was "just a P&D", cheap accumulation can take place.
Logic does not apply to LongAndShort at this moment. Once I get done catching up I will be almost completely done with a fairly thorough psych eval/profile of him.
I will need to ask him only a few questions at the end (if he is willing to answer) because his posts and reactions here have answered the vast majority so far.
I advise anyone to show compassion towards him because it is obvious he can not help/control some of his emotions currently.
I am unable to determine currently if this is a permanent affliction or if it is short term until I get answers to some final questions that he may or may not answer.
I do not think it is something he can help on his own so he will need group support currently whether it is a short or long term issue.
