Topic: Coin Shilling Question (Read 531 times)

Their is no doubt its makes big price volatility in the coin. Usually it's happend when people start shilling the coin then price will increase very fast and the way its going up its coming down in double speed. New investors and people get rekt from that kind of pump and dump and it should be stop. This is only makes negative effects on crypto market and only few people get profit from it.

There are a lot of project that usse influencer or maybe we can already see if people who famous talk about coins, the coin's price will suddenly pumped. I think a lot of people still think if famous people hold or even talk about coin, it can get pumped and they can make profit from it.

It depends on who shills, if a project hires some random newbies to spread their names here in bitcointalk still it does have zero influence but a small tweet from a famous celebrity about the project can change the fate of it for short time.

Unfortunately this is one of the realities of the market, the developers of those coins do not really have to worry about creating something that works and that changes this market because they are only after the money they can get.

Which means they are going to put all their efforts on the promotion of their own coin, this makes them to be more present in social media and it increases their possibilities to get investors, and ironically developers that actually care about their coin cannot do this as they need to constantly update their code making it impossible to compete with those projects and as a result of this we see many more scams than what we could see otherwise.

 Of course, saw most of the shill coins going up in just a short span of time. They are shilling that coin mainly for that purpose: to attract investors to buy their coin.
 
 
 It always depends. I remembered that shilling effect of dogecoin in tiktok challenge wherein price of that coin pumped so well in just few days around 20% if im not mistaken. Not that just coin but other coins tend to pump so fast after that effective shilling and insane promotions.

That is in essence very true. It is much easier to shill a low market cap coin then the alternative for sure. The only thing to watch out for is that this temporary inflation can indeed happen even several times i.e 5x but one should remember that after a bump cycle, dumping has to follow. Often, it is obvious when somebody shills a project if they do it everyday on their social media account, that again won't necessarily dictate a price follow up though.

That is a big loss. If the whale groups have 300k members doesn't mean that whales can give real signals because we don't know if that whales can analyze better than others. But I don't think that the coin shilling can increase in the next 24 hours because that will need a big order of buying at the market. But if many people buy the coin and make noise at social media, that can attract a big jump for that coin, and the coin price can increase in a short time.

I used to be greedy following signals from whale groups with over 300k members, but after following 10 signals I lost over $ 12000 in 1 month.
In fact, this is a shark game and we will not know anything in advance when we are just small fish. you are right because we should not speculate / invest in something we do not understand about it, taking such risks is like gambling. Be alert and continue to hold your opinion, do not let big profits obscure your reason.

I don’t think it’s just about news posting about a coin; you don’t just run and invest in a token because a news website mentioned, because some of these media websites are paid by even the worst projects to write about them and they will do just that, if you keep rushing into them you will be misled.

But shilling coins do work to an extent and it has to be to a very level before you should invest in it; like it has to be a trend, something that everyone is talking about. Once it has gotten to that level and not just something that you saw on one news website, then it might be worth to invest in it. But don’t forget that you’re still taking a risk ,because a trend can still end at a anytime and you can be running a risk of FOMO. Be careful.

Coin Shilling is a kinda next level of advertisement. Coin shilling is much powerful than an advertisement for me since you can say whatever you want just to put your shitcoin in the front or make it popular somehow with some flowery words.
Some shitcoins also paying some popular accounts in some social media just to shill their shitcoins, this is true, it's just sad when some of the famous cryptos in social media can be paid just to shill some shitcoins and make newbies get REKT.

You might have mix up some things because shilling is never good. Shilling is something done by people who are either paid by the project or he will gain to benefit something because of it. It is very different for people praising a project on his own without any kind of lies behind it but just based on personal opinion. For people shilling we can simply put them as selfish people who they themselves only want to benefit on something.

It depends on the coins, for example in the case of bitcoin this does not really have a huge effect as the market cap of bitcoin is massive, but in the case of coins that are being released the effect can be very significant as if enough people join we could be talking about millions of dollars being added to the market cap of the coin in a matter of hours.

Depending on how big the coins was this could lead from 1x to a 10x increase in its market cap, the only issue is that this tactic only works for the short term and those that invested in the coin excited about its possibilities will sell their bags as soon as they realize they were deceived.

Yes, of course. Even scam projects need shill to make the project more popular with good sides. Communities and crowds have always been the power in the financial markets, so we need to take advantage of it to make money in the short term. If you know the big financial groups, they always give good news about the project that they have invested, just a few thousand people know the news, they can push the coin price very high. So this is also a great way to make money in the crypto market.

They do, but you don’t just see one website shill a coin and you rush in and start buy. That it was mentioned by one exchange is not enough reason to say that it’s going to be a successful project. If that’s how it works, then a lot of coins will be pumped by now. Sometimes a coin will have to be shilled by a lot of media and news websites and also by influencers before they start picking and trending, and then you will see their prices going up.

But it’s not good to be relying on just that, you should be looking at other things as well like technical analysis. Cryptocurrency trading/investing is not just about one thing, you have to consider a lot of things.

You are right and thats why some projects do really spend lots just to pay those celebrities for the part of shilling out.This is not new into this market where hypes and shills is all around.
When someone has a name and a popular person will really give some impact into the project that he's been advertising even though its usage its actually shit but due to the person
who had been used to shill is a good one or famous then people do totally forgot on whats their investing is all about and the time comes when its price dropped then thats
the time they do cry and lesson learned.

Depends on who will shill it.
If it will just be an average Joe and he just does it by himself then could it really be pumped at the figures you given?

IMHO, Twitter had been the most used platform when it comes to "shill".
It can cause a big ruckus when someone with a known name does it.
Celebrities or idols or whatever they call them. 

I would say yes, specially if the one shilling has some reputation behind. Take for example Andreas A, what you think if he started to shill some altcoin, it will definitely had an effect in my opinion as he is a very influential person is community.


Possible, or maybe even more, specially if we are really in a bull run or if there are a lot of irrational buyers just like what we have seen in late 2017.

@op  . if this is a normal news , thats not shilling because shilling was like promoting the coin . it helps price rise but not sure if how much percent but it can be high if the coin is already good aside from the benefits of the shill


if this happens to other managers i dont think they will further check the campaign that they have manage once they were hired because this can be an extra work for them  . working as a manager is already a tough job but nice to know that there are still concern manager that can allocate extra time to spy on the campaign that they are in .

I really appreciate you for not picking up a project that you know will amount to scamming people on the forum and further  add to their pains of scam plus waste of time. You therefore are part of the few managers here that have been upright in the things you do here and managing campaign and charity work.

Your personality is a rare positive type, you want good for the people and forum at large. You did well for not picking project that will not bring joy to participants. Keep doing the good you have been known with.

Shilling a coin is definitely to build hype around it.

The success of it will depend if people will buy that hype and decide to be involved. Even with no use cases, once a certain coin builds a hype it can now result in a possible price increase. But that alone is also enough reason why that specific coin will soon be crash as the only foundation is purely hype.


It is possible because it was "hyped".

FOMO will be on people's mindset so whatever the market price, they will try to make an entry and join the fun expecting for a big profit in return.

It may work in the beginning but when people realized that there's nothing in it, they will just go away from this project. But yes, it usually affects the price at the early stage of shilling. But people are not dumb as before. A lot of people do know now how to spot a crap project already.

In general, coin shilling can really influence the price.

But people are not that dumb to just go with the flow. We do have our own way to determine if that shilled coin is totally trash or not. We have seen lots of coin shillers doing their best to promote their coin but without them giving us a good reason why should we join the party, it will just be totally ignored.

There is also no exact figures on how much a coin can go up. It depends on how the community will react to that coin.

It has an affect, shilling something in the market gives a big influence to how the market will react to that particular cryptocurrency this is even how other people earn money from it. Shilling is so valuable that even John McAfee admitted that he accepts payments from crypto projects for Tweeting about their project and I have no doubt that other influential people in the crypto market are doing the same when it comes to them promoting crypto projects. That's why if you see some people being all positive in a cryptocurrency have some second thoughts before believing that what they are saying is without biased because mostly they will have some behind it, just never fully commit on your buy and sell decisions just because another person has promoted it.

If those influencers is on the side of those people who don't even know on what they are promoting then they are really just doing such stuff for money and sadly if people do saw that
their idols had introduced something then that's  the time they do easily get hooked up.

But for someone who do have experience into this market for a while now already will surely able to tell that this one isn't really something new and the project had advertised neither a useful one
or most likely to be a garbage on most of the time.

Shilling does work but depends on the influencer or the popularity of someone who do introduce or mentioned out the coin.

So basically shilling will work better if the person who shills it is an influencer, a celebrity, a famous person. Although most of those coins who got shilled by celebrities turned out as the same as the rest of those shit coins. It turns out that celebrities doesn't actually know what they were advertising/shilling they just accept the money and go. That's why most of those coins is always good as new during it's hype but won't last long after investors starts to dump.

Aren't shilling and fuds part of marketing? But they are done for free by communities (especially hodler with fat bag). Fuds and shilling are done with the aim to attracts more buyers so that the trading volume can increase. Warren Buffet said: "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful". Shillings and fuds are very useful for getting profit in a short time. However, it is not recommended if you intend to invest for long term.

Shilling sometimes contribute to the price of the coin but it depends on how many people shill the tokens, it's common in twitter and the chat in exchanges but it only works if there are many participants who hype up the coin or shill or either the person has a huge influence in the crypto market, like what happens on Doge when Elon Musk tweet about the coin.

Depends on the shilling.

If it's done profesionally with real owners of the accounts being paid off it can be a powerfool tool but also very expensive to run for the project owners.
Like if you get some newbie or stolen accounts and start shilling with a bunch of them yourself you will get caught, banned, ridiculed. You will do much worse for the project than if you did nothing.

If you manage to persuade real experienced people to support the project it can be benefitial but also much harder and more expensive.

IMO shilling done by newbies will have no effect.

Well if shilling doesn't work, they wouldn't be doing it and hire some influencer to shill it for the team. Mcafee wouldn't be earning millions for a tweeting projects. Celebrities promoting a project now seem to have no effect but the word DEFI right now seem enough to get the attention of investors.


If you shill or fud too much and still the price of the coin didn't go up, that means DTs could already be annoyed to give you red.   

Heavily shilling about a coin on the various platform would influence the coin sometimes. And yes, sometimes crypto-related news creates FOMO which has been leading to price bump. But we can't say how much percent it will up because it depends on coin potentialities. But if you are going to choose such as coin for trading or holding then you are going to take a risk with your funds. Its because the price would hugely dump after a little bump. So don't trust blindly about FUD and FOMO.

it is really natural in cryptocurrency to have shillers and fudders. They are earning from that specially if they are numerous large investors who want to buy coins at the bottom while people are panicking.We can`t really control the certain hype unless we go to the trend of the market. Just like what others are saying, the trend is our friend.

Actually, even the traders become smart enough to know if it just a fud, the emotions are still dictating others move. The market needs tough players who can fight against the hype or fud. Just like right now, there are some of my telegram members who said, bitcoin would become blood bath for the next few days and a lot of members had been triggered. RIP for those who follow the fud and sold their coins.

Hello, its okay mate. Dont be jealous at least your safe and free from harm of those gamble on defi projects. Im saying I am risking it cause I know also the consequence. I even risk my 1eth and become 0.011eth value. Its like gambling, study chart, take a deep breath and watch out for possible fundamental that could make the coin fly high. Sometime I could turn my 1eth into 3 or 4. Its always a risk Im taking. Im not saying those are legit but only a short time trading methods for me. Im trading major coins aside from this and I suggest venture into these coin than those shitcoins if you feel you will only lose money.

Had witnessed some of it, there was a time that it even passed 100% changed in just 24hours. Though I had always been jealous to those who risked their money to invest on those coins, I still don't prefer it, I'm not a very good risk taker just like cryptoaddictchie, so I'm avoiding it. I could observe it more, maybe sometime I find courage to take it.

Being shilled and promoted is one of the factors that makes DeFi projects and their token gain attraction that makes the price go up. They desperately use bounty managers just to make traction to the price. We know that this is for a short period price bump only and I'm sure that they can't maintain the hype around them and this will surely lead into price decline as you said. This happened to most of the DeFi projects, I think DeFi projects will just be a one time profit since we have seen that maintaining the hype is hard and in addition to that there are many DeFi competitors out there that are giving some FUD.

Can't say much about media houses influence but that of social media has major influence on the market as I have witnessed it first half. I was hired to managed a supposenly new DeFi related project but later discovered I was just been hired to shilled their project. The host group I was added to had tens of users hired for the same purpose. Before leaving, I took note of the price of the project and comparing the price of the token a week later, it was quite obvious their shilling had a positive impact on price.

Do understand though that tere are some factors that contribute to a successful shilling, the circulating supply of the coin couple with the hype surrounding the technology the project are working on. Like in the current market, DeFi related project are likely to get more attention if been shilled than other technology unlike few months back when layer 2 related project were getting more attention.

In regards to the price decline after the shilling period is over, that's certainly going to occur considering shilling leads to pumping and dumping of a particular coins. If you observe in the current market situation, DeFi related project are getting dumped more. That's as a result of them been overbought during the shilling period.

Yes it is especiallt if the project is heavily shilled by big community and famous shillers with lots of subscribers. If you knew bitboy and chico on youtube, once they discuss a new project the price went skyrocket anf this is proven when you observed the token value.

But that is not the case for every project. Some are hard shilled but never went up. Mvp or product also affects it.

Depends sometime its only took few hours just to make a coin to a 100% or more. I can prove its true, cause Im a risk taker on some altcoins. But this is kinda risky and not advisable.

It's wrong,
The price getting dumped because many people sell it, so if there's a lot buyers the price will pump. But it doesn't mean after you buy a coin/token the price will always pump especially if you only buy a little amount from its circulation. It need a lot of money to pump the coin from a whales.

It completely depends on the coin. If the coin has a low marketcap and low trading volume/liquidity, then it might be easy to pump it up by a decently effective shiller. But of course, these kinds of pumps aren't sustainable, and are almost guaranteed to crash back down.

It's not the same for every coin. It depends on a lot of factors.

Possible. But then again, it depends.

Shilling and Fuds are always been part on this market not only on crypto but on other markets as well like Forex and stocks.So in the question if shilling does really have real influence then i can say its a yes but depending on the person whom do shill it out im not saying its effective from time to time since people are smart enough if they do saw that a coin been shilled out obviously without any solid proofs that it is really worth to invest on.
When there are some events like fork and other updates news then its neither it do give out positive impact or just have nothing at all.

If the project is just tending to be launched or to be started then when building some hype then it can really drive the price really that high but when the hype dies then expect for the turn of events.
Casually a pump and dump scenario which is pretty common.

For the intensity on how high the price it can possibly grow? Sky is the limit and it depends on the level of hype on where it do result of high buying situation.
100% in 24 hours its just too small to presume on.You can see the possible growths if you would be more longer here on this market. 100% or 2x the price is not really
that something hard to achieve but only on low cap coins or to those who just recently being listed.

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true?