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Topic: Gavin's Pump and Dump Scheme Exposed (Read 1879 times)

sr. member
Activity: 308
Merit: 250
June 06, 2015, 01:11:07 PM
#27
Why you guys still didnt have OP in ignore is beyond me .......



Aside: Love your sig.

Oooooh, off topic, BUSTED!

OK so I know the OP is trolling or whatever, but there is a really good interview with Gavin that other people reading this thread might be interested in.  He talks about the problem, why it is a problem, sidechain tech, etc.  Check it out!
vip
Activity: 1428
Merit: 1145
June 06, 2015, 12:45:23 PM
#26
Why you guys still didnt have OP in ignore is beyond me .......



Aside: Love your sig.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
June 06, 2015, 10:11:47 AM
#25
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

Wouldn't that be a "Deflate and Buy"?
newbie
Activity: 2
Merit: 0
June 06, 2015, 10:03:19 AM
#24
I don't think you understand what a pump and dump scheme is...
You are explaining the opposite; call it a dump and pump scheme:)

Pump and dump would be more like Gavin somehow causing mass people to buy in when he knows something is wrong. He could then offload all his btc before the critical flaw news gets out. à la every penny stock out there ever
sr. member
Activity: 350
Merit: 250
June 05, 2015, 06:32:16 PM
#23
makes sense to me, he sows doubt about bitcoin's future, then buys it all up low, then backtracks on XT and BAM up goes the price.
hero member
Activity: 910
Merit: 530
$5 24k Gold FREE 4 sign-up! Mene.com/invite/h5ZRRP
June 05, 2015, 04:43:51 PM
#22
Yeah, actually, he would ... people will do anything for money, obviously.

As noted already, the OP of this thread is a known scammer/con man/liar.

And I'm gonna go ahead and say you are a possible alt of moriarty, the OP, because you are promoting his BitPlastic scam in your signature and personal message. I don't think anyone but moriarty & his many alts promote his scam sites.
sr. member
Activity: 406
Merit: 250
Bitcoin Mixer: https://BitLaunder.com
June 05, 2015, 03:50:33 PM
#21
Yes, sure, he ll intentionally damage his life work only to make some money.

Yeah, actually, he would ... people will do anything for money, obviously.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
June 05, 2015, 02:26:38 PM
#20
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

I thought the same. It's a totally valid idea. They possibly even pump LTC before.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
June 04, 2015, 01:30:53 AM
#19
Yes, sure, he ll intentionally damage his life work only to make some money.
legendary
Activity: 3248
Merit: 1070
June 04, 2015, 01:26:35 AM
#18
Woah look they bought a hero account to spread their fun now.  OK NOW its legit  Roll Eyes  Seriously though, this problem of block size NEEDS to be addressed soon.  You can choose the guy who is just fixing the problem, or his money grubbing cohorts who are stonewalling the change only for their own benifit.  If you want to blame anyone for some fictional pump and dump scheme blame them.

those must be hacked when the server was compromised recently, i just discovered one of them

The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!
Gavin was never working for the money on the client, he also said so, why he should do something like this, if he already has tons of bitcoin? it would no be healthy for global distribution

and actually isn't the news about the tx itself that is driving the price down, but all the fud about spreaded by troll on this and other forum
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
June 04, 2015, 01:20:26 AM
#17
Why you guys still didnt have OP in ignore is beyond me .......



we should make a thread with names of obvious trolls...
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
June 04, 2015, 01:15:41 AM
#16
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

I hope this is a joke, otherwise your ignorance is astounding.

There are those in the crypto eco-system that are here because we WANT to be here for the betterment of mankind, not just to make a quick dollar. I consider Gavin one of those people (as well as most respected developers). Regardless of the side, one truth can be asserted and that is those involved with this "argument" are doing it because of the passion (at the highest levels), not because of "cheap coins". Personally I've been thinking about coming out and making a few statements but I will hold my tongue for now.


Andrew V.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
June 04, 2015, 01:06:15 AM
#15
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

He does not need to go to this extreme to make a few hundred BTC.

He already has ample amount of BTC and this would not be the way for him to get some more. He is already rich and there are much better ways for him to get more rich, including funding/investing in Bitcoin ventures or start one himself.

Stop this FUD or move it to speculation section.

He would not need to get more BTC, but an increase in price per BTC is very good for him.. If he indeed has say 100,000 btc, every dollar in price increase would make his net worth grow by 100k USD. I thiink he has plenty incentive to pump the price.

But going by OP's logic, the price may as well do down instead of going up. So there is a greater chance of losing than winning.

(Price will go higher than current levels when core wallet is 'fixed' is just a pure gamble or speculation).
sr. member
Activity: 322
Merit: 250
June 04, 2015, 01:05:59 AM
#14
Woah look they bought a hero account to spread their fun now.  OK NOW its legit  Roll Eyes  Seriously though, this problem of block size NEEDS to be addressed soon.  You can choose the guy who is just fixing the problem, or his money grubbing cohorts who are stonewalling the change only for their own benifit.  If you want to blame anyone for some fictional pump and dump scheme blame them.
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
June 04, 2015, 12:55:52 AM
#13
We will see a pump, but no dump. Bitcoin is about to blastoff. Anyone and everyone knows it. Are you ready to ride the wave to the top again? I am!
legendary
Activity: 1946
Merit: 1007
June 04, 2015, 12:54:41 AM
#12
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

He does not need to go to this extreme to make a few hundred BTC.

He already has ample amount of BTC and this would not be the way for him to get some more. He is already rich and there are much better ways for him to get more rich, including funding/investing in Bitcoin ventures or start one himself.

Stop this FUD or move it to speculation section.

He would not need to get more BTC, but an increase in price per BTC is very good for him.. If he indeed has say 100,000 btc, every dollar in price increase would make his net worth grow by 100k USD. I thiink he has plenty incentive to pump the price.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
June 04, 2015, 12:40:32 AM
#11
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
June 04, 2015, 12:38:08 AM
#10
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!

He does not need to go to this extreme to make a few hundred BTC.

He already has ample amount of BTC and this would not be the way for him to get some more. He is already rich and there are much better ways for him to get more rich, including funding/investing in Bitcoin ventures or start one himself.

Stop this FUD or move it to speculation section.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
hero member
Activity: 714
Merit: 503
June 03, 2015, 07:47:27 PM
#8
The strategy is obvious: Gavin thinks he holds so much sway over Bitcoin that an announcement about a fork will upset enough apple carts that people will lose faith temporarily in Bitcoin, driving the price down; then he buys up huge amounts of BTC at the lower price. 

Then he and the other devs work together to fix Bitcoin Core, and forget about the fork.

The price goes back up - maybe WAY UP.

Classic PUMP AND DUMP!
yeah,for sure he wants to buy even more bitcoins that he have now,you are a genious  Roll Eyes
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