It is also noteworthy that BTC is only down by 0.2% so it must be external money flowing in.
Topic: Chinese pumping dead coins! - page 3. (Read 5269 times)
Chinese probably took over all the coins
It is also noteworthy that BTC is only down by 0.2% so it must be external money flowing in.
It is also noteworthy that BTC is only down by 0.2% so it must be external money flowing in.
Virtually every coin in in the top 100 on CMC is up big, and most of the 101-200 as well. Very strange market action.
Is there some coin that has already been dumped after a chinese takeover "scam"?
I want to see some examples of that.
I think the Chinese just tend to be bigger gamblers than the westerners and there are also many middle aged people who bet actual money on crypto currencies, while a large part of the population of westerners who buy crypto mostly consist of college students or young professionals without much money.
Of course there are a few western venture capitalists or whatever, but they only invest their millions into building money burning companies that have something to do with the crypto "ecosystem" and almost never put money into crypto currencies as an asset class.
I want to see some examples of that.
I think the Chinese just tend to be bigger gamblers than the westerners and there are also many middle aged people who bet actual money on crypto currencies, while a large part of the population of westerners who buy crypto mostly consist of college students or young professionals without much money.
Of course there are a few western venture capitalists or whatever, but they only invest their millions into building money burning companies that have something to do with the crypto "ecosystem" and almost never put money into crypto currencies as an asset class.
about Chinese pumping:
1. China New Year 7-8 feb
2. according to statements - the Chinese government seriously thought of release of "official" cryptocurrency
1. China New Year 7-8 feb
2. according to statements - the Chinese government seriously thought of release of "official" cryptocurrency
And also read about the capital flight from China's yuan recently.
I could well visualize a couple of sharp Chinese cookies buying these worthless coins and packaging them up as a fixed price entry "Diversified Cryptocurrency Portfolio", or some such nonsense.
about Chinese pumping:
1. China New Year 7-8 feb
2. according to statements - the Chinese government seriously thought of release of "official" cryptocurrency
1. China New Year 7-8 feb
2. according to statements - the Chinese government seriously thought of release of "official" cryptocurrency
Stabilityshares almost hitting 40c!
Just mastered the pump and dump schemes that have been going - but on large scale.
If i knew that stabilityshares would do what it has now i would never have sold them, i literally dumped the lot because it wasd about to be removed from the exchange.
Its unbelievable how the chinese are pumping this crap, i could have done well from it.
Its unbelievable how the chinese are pumping this crap, i could have done well from it.
Guys, guys, chill out, it's not about chinese "investors" or great coin features. Chinese PDers often pumping dead or almost dead coins. They can buy these coins for peanuts and after a silent accumulation period thy can pump it to orbital heights, maybe together with some hype or announcing new devs, whatever.
Apart from the hype potential these guys don't give "a rats ass about" functionality of ETH or LTC, or whatever other coins. They are after good opportunities to make a decent profit and that's all. Don't be naive and think about them as investors. They are gamblers with shitloads of money what they want to multiply.
Yeah, if I'm not mistaken--and I know this is a generalization--the Chinese are big gamblers. Gambling is a big part of their culture I mean. So it doesn't surprise me in the least that they play around with these shitcoins and pump and dump 'em to high heaven. It sounds like fun work if you can make money at it. Plus China just has so many people. Apart from the hype potential these guys don't give "a rats ass about" functionality of ETH or LTC, or whatever other coins. They are after good opportunities to make a decent profit and that's all. Don't be naive and think about them as investors. They are gamblers with shitloads of money what they want to multiply.
It's basically called "Takeover scam".
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
This is pretty much how it goes down, but these scams are pretty easy to spot (at least for people who have done trading before). If you are a trader however then these coins are a really nice way of making some easy coins. Just keep in mind that you need to exit early on to make good profit, just dont plan to hold the bag. There are a few coins with successful takeovers so keep in mind that some of them are "legit" also.
It's basically called "Takeover scam".
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
what a recipe to get rich quickly!
so what ... don't doubt that china might be a step ahead
"1- Collect most of the coins from the lowest point (1-10 satoshi each)."
@cakir
you fail to see the MAGIC in that proposition
for 5 UNO i will tell you
It's basically called "Takeover scam".
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
Nothing new and nothing that will not occur again, THANKS @cakir for advert people about this scam type, sometimes is funny to see how all those chinese exchanges are going on
It's basically called "Takeover scam".
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
what a recipe to get rich quickly!
It's basically called "Takeover scam".
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
What's that?
1- Collect most of the coins from the lowest point (1-10 satoshi each).
2- Takeover shitcoin
3- Resurrect shitcoin
4- Pump it's price x1000 at least. (Since there's not much sell orders because it's dead& they collected them really cheap).
5- When you see enough buy support, dump'em all. At least 100x is guarantee.
Don't fall for this scam.
China likes
LTC-BTC-PPC-DOGE-FTC-Earth-Moon-Tips-BLK-BTS-NXT-XEM-XCR
Russians like
NVC-EMer-PPC-NMC
All will like
EMD, DMD, and eventually UNO
Longshots
HBN, RBY
Odd-Duck
HYP
LTC-BTC-PPC-DOGE-FTC-Earth-Moon-Tips-BLK-BTS-NXT-XEM-XCR
Russians like
NVC-EMer-PPC-NMC
All will like
EMD, DMD, and eventually UNO
Longshots
HBN, RBY
Odd-Duck
HYP
I am glad China likes BTC and LTC. UNO is interesting.
China likes
LTC-BTC-PPC-DOGE-FTC-Earth-Moon-Tips-BLK-BTS-NXT-XEM-XCR
Russians like
NVC-EMer-PPC-NMC
All will like
EMD, DMD, and eventually UNO
Longshots
HBN, RBY
Odd-Duck
HYP
LTC-BTC-PPC-DOGE-FTC-Earth-Moon-Tips-BLK-BTS-NXT-XEM-XCR
Russians like
NVC-EMer-PPC-NMC
All will like
EMD, DMD, and eventually UNO
Longshots
HBN, RBY
Odd-Duck
HYP
hello chinese pumpers!
please pump EMD, HBN, DMD, LTC, FTC, BTC, NVC, PPC, NMC, HYP, RBY, DOGE
please pump EMD, HBN, DMD, LTC, FTC, BTC, NVC, PPC, NMC, HYP, RBY, DOGE
Chinese investors have very sparse access to solid information on the fundamentals of cryptocurrencies. As evidenced by the price of litecoin.
LOL ... agree ... disagree ... there seems to be no communication bridge between the West and the East but I suspect YB Group coins are going to out preform the Western coins
But LTC and Doge seem to be the agreed coins of value.
Then things like Earth, Apple, ZCC, Union, Stabilty Shares, SAK, ABC, BILS ... I have no clue
chinese are retards, they should get into real projects, this only hinders cryptos growth.
they pump seemingly dead coins for the same reason anybody else pumps these coins.
they accumulate enough of it at low prices to earn a good profit then they pump the hell out of it to sell their bags and gain profit. you should never keep these coins while they are taking a dive for the worse and just keep hoping for the profit. just sell before you lose a lot.
they accumulate enough of it at low prices to earn a good profit then they pump the hell out of it to sell their bags and gain profit. you should never keep these coins while they are taking a dive for the worse and just keep hoping for the profit. just sell before you lose a lot.
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