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Topic: Fontas! (Read 1644 times)

sr. member
Activity: 308
Merit: 250
May 17, 2013, 03:26:29 AM
#22
it's always the same with this guy. He's got the luck that some idiots follow him and fall for the fact that he tested someday earlier one coin he will later anounce to be pumped. These idiots think that there will be some more huge pumpaction because they see green candles on this coin produced earlier by fontas. Now they drive the price higher and fontas dumps all the crap in them. He annouces on his twitter account a total success of the pump and a dumping time (fastest dumping announce was like i remember no 10 minutes after his pumping announce) On that point i stopped reading his twitter crap =D

Just dump on the way up and dont be greedy, easy!
full member
Activity: 130
Merit: 100
May 16, 2013, 11:52:24 PM
#21
it's always the same with this guy. He's got the luck that some idiots follow him and fall for the fact that he tested someday earlier one coin he will later anounce to be pumped. These idiots think that there will be some more huge pumpaction because they see green candles on this coin produced earlier by fontas. Now they drive the price higher and fontas dumps all the crap in them. He annouces on his twitter account a total success of the pump and a dumping time (fastest dumping announce was like i remember no 10 minutes after his pumping announce) On that point i stopped reading his twitter crap =D
member
Activity: 70
Merit: 10
May 16, 2013, 11:14:50 PM
#20
Its pure market manipulation. If this happened in the real world, he could be charged and jailed
full member
Activity: 168
Merit: 100
May 16, 2013, 10:39:16 PM
#19
i saw this and lawled
full member
Activity: 154
Merit: 100
May 16, 2013, 10:33:37 PM
#18
Last times people trolled fontas, when announced the NVC pump everybody did the opposite and sold: the price fall to half. I'm sure he lost a lot fo coins that day.
hero member
Activity: 490
Merit: 500
May 16, 2013, 10:23:38 PM
#17
I think you guys are missing the point.

Fontas' pumps are real because they happen. It doesn't matter if he does it, or the noobs do it. You can profit off the noobs, and he does have influence.

If you are quick enough you can make money from Fontas' rumors.
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
May 16, 2013, 10:21:23 PM
#16
I don't think a few people listening to him will do anything to the price, and I don't think he has enough money to change the price.
So basically, he's just telling everybody he pumped the price when a coin went up and telling he dumped a coin when it goes down, everybody actually can do this, I don't think enough people take this serious enough to matter anything.

He did actually execute several pumps that he would announce beforehand. He would create hype and make a huge buy wall for the coin he was pumping, then people would start buying it driving the price up, and he would remove his buy orders. Finally, he'd dump his hoard of coins causing the price to drop but still being worth a lot higher than it was. Haven't seen him do any pumps since he did DVC a few weeks ago.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
May 16, 2013, 10:11:25 PM
#15
ALL HAIL KING FONTAS. Grin
hero member
Activity: 630
Merit: 502
May 12, 2013, 06:09:13 PM
#14
As the price rises due to the noobs buying he'll be building sell walls in increments so that when the price does tank it breaks through all his sell walls each in turn and he makes a nice tidy profit leaving the noobs holding the can.
hero member
Activity: 683
Merit: 500
May 12, 2013, 05:33:10 PM
#13
I don't think a few people listening to him will do anything to the price, and I don't think he has enough money to change the price.
So basically, he's just telling everybody he pumped the price when a coin went up and telling he dumped a coin when it goes down, everybody actually can do this, I don't think enough people take this serious enough to matter anything.
legendary
Activity: 1232
Merit: 1001
May 12, 2013, 05:25:25 PM
#12
- Just ignore everything to do with him -

Good advice on this topic.  Avoid him.
newbie
Activity: 28
Merit: 0
May 12, 2013, 05:18:06 PM
#11
- Just ignore everything to do with him -
newbie
Activity: 28
Merit: 0
May 12, 2013, 05:16:32 PM
#10
https://twitter.com/fontase

Is this guy for real or is he just manipulating noobs and profiting from them?

Somebody has to lose in this whole deal, so who are the losers ?Smiley

he is a clown, people who appear to idolize him are:

1. Trolls who like the entertainment.

2. His fake aliases.

3. small majority of people who by chance made some money.
member
Activity: 106
Merit: 10
May 12, 2013, 05:13:27 PM
#9
You can make some profit if you are early and not too greedy.
sr. member
Activity: 308
Merit: 250
May 12, 2013, 05:08:41 PM
#8
So basically, doing the exact opposite of what fontas announces should make you profit a bit.
Aah, but sometimes I guess he changes his strategy Cheesy

Well the problem is, he's already driven up to price of the coins a little bit, by his buying activity before he even announces the coin.  So he is always guaranteed to win as long as he sells early and people continue to listen to him. 

So in theory, yes you could profit a little bit, by doing the opposite of what he says, but at some point even you would lose that, because he's starting to even lose respect among the hurr durrs.

First few were very profitable if you weren't greedy.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
May 12, 2013, 04:51:35 PM
#7
So basically, doing the exact opposite of what fontas announces should make you profit a bit.
Aah, but sometimes I guess he changes his strategy Cheesy

Well the problem is, he's already driven up to price of the coins a little bit, by his buying activity before he even announces the coin.  So he is always guaranteed to win as long as he sells early and people continue to listen to him. 

So in theory, yes you could profit a little bit, by doing the opposite of what he says, but at some point even you would lose that, because he's starting to even lose respect among the hurr durrs.
newbie
Activity: 14
Merit: 0
May 12, 2013, 04:49:57 PM
#6
So basically, doing the exact opposite of what fontas announces should make you profit a bit.
Aah, but sometimes I guess he changes his strategy Cheesy
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
May 12, 2013, 04:48:49 PM
#5
So why do people still listen to him?

Why do people do half the things they do?  They're suckers for easy money. 
newbie
Activity: 14
Merit: 0
May 12, 2013, 04:47:38 PM
#4
So why do people still listen to him?
legendary
Activity: 2142
Merit: 1010
Newbie
May 12, 2013, 04:47:30 PM
#3
Quote
Fontas ‏@fontase 30th April
It would be a majestic plan. Buy the 700k LTC Wall, use market power to pump price to $6+, sell slowly, and make myself a millionaire.

So it's BS.
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