Group to Pump coins - page 4. | Bitcointalksearch.org

Wowcoin

hero member

Activity: 910

Merit: 507

Quote from: Smarty14392 on April 12, 2017, 12:42:55 PM

Making a group to pump coins is a good idea and i hope we may have a big profit in it.
We will pump coins to the highest and then we will sell it.
I dont know how much will it work but we can give a try.
thanks.

I think your idea is good but pumping coins in group i think that is so hard. Only developer can do that because his the who hold the big portion of that coins anytime he can pumping up the coins or dump it.

U2

hero member

Activity: 676

Merit: 503

I used to be indecisive, but now I'm not sure...

This reminds me on games when people try to do this. MMORPGs do it all the time and all that happens is 5 people make profits and the others all get screwed...

AndrewBUD

hero member

Activity: 1078

Merit: 502

This can be done only if you have very very big pockets. Otherwise random players will eat your profit, selling before you are ready to.

Plus when you are dealing with a lot of people its hard to make a consensus when is the best time to sell and profit.

coinplus

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Activity: 1386

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Quote from: Smarty14392 on April 12, 2017, 12:42:55 PM

Making a group to pump coins is a good idea and i hope we may have a big profit in it.
We will pump coins to the highest and then we will sell it.
I dont know how much will it work but we can give a try.
thanks.

You need to partner with whales to make changes in bitcoin price movements, do you think it will be possible ?
I am not here to discourage you, you may try your idea with small market cap altcoins, I am not sure how much success you will get.

Because a pumping must lead to convince traders to enter, it means you might to wait for days too. In short you may make use of this idea, if your group come up with massive amounts of bitcoins. Anyway, good luck !

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: bitbunnny on April 12, 2017, 01:47:25 PM

I'm not sure that I understood what is actualy your idea. And why do you think that random gathered group of people could pump the price just like that? Bitcoin price is much more complex than this like you have imagined and if this was so easy and functioning that way, many people would be rich by now.

Yes, not even with altcoins, I could not foresee the possibilities of success with this idea. Because random people will rush to book profits before the group admin asks to. This might be one piratical problem, we cannot be sure how random people will behave out of greediness to ensure their profits before the herd.

I believe already there are groups but must have formed with known people and they are manipulating bitcoin/altcoin prices based on their capital strength. I read somewhere like people form skype groups for these types of purposes.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

I'm not sure that I understood what is actualy your idea. And why do you think that random gathered group of people could pump the price just like that? Bitcoin price is much more complex than this like you have imagined and if this was so easy and functioning that way, many people would be rich by now.

Smarty14392

sr. member

Activity: 560

Merit: 286

Making a group to pump coins is a good idea and i hope we may have a big profit in it.
We will pump coins to the highest and then we will sell it.
I dont know how much will it work but we can give a try.
thanks.

Topic: Group to Pump coins - page 4. (Read 3747 times)