how pump and dump work detail explanation

azguard

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Quote from: U2 on July 13, 2017, 05:57:13 PM

You are a moron for joining such a group. Prepare to be scammed, scam other people or be arrested. Oh also don't forget, you're a moron.

Good advice most of them work to scam on some so called big pump on some crap coin. This way they can say we didn know it will be that bad, but they took you coin for there crap ones. Joining in some groups on this is not recommended better watch and learn for one year rather that they took your money for minutes.

Rahar02

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There are some groups in telegram which discuss about trading, I've seen it. There is no problem to join one of them if you want to learn how to trade, which coin to buy and when to sell it. Their strategy is grow in number, could pump and dump a coin within minutes-hours depending on how many members they have. But in this group, time is the most important thing as you can get profits if you buy earlier and loss if you are too late.

U2

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You are a moron for joining such a group. Prepare to be scammed, scam other people or be arrested. Oh also don't forget, you're a moron.

BitMaxz

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Quote from: pedrog on July 13, 2017, 08:27:55 AM

You pump and they dump on you, they make money and you lose yours. Cheesy

Pump and dump are just scams to separate fools from their money, stay away, don't waste your money like that.

I have a group in skype and experience how they are giving signal. They are not giving 100% that the price will hit.
And i think they are just giving a signal so for those who member of a skype group you received a signal and if you are believing in the signal from the group owner expect other member to will invest that can push the value of a coin since the owner is the first who bought altcoin they can sell his bitcoin right now before he can give a signal to all skype group.
This is one of the group which is pump and dump but those members are loses and the owner are getting a good profit. Like other scammer they are always doing same thing just to scam to someone.. So always becareful about pump and dump group sometimes they are using members just to get the benefits to us..

giveen

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Pump is more buying than selling occurs which means more demand and the price increases dump is more coins are sold than buying because of which pricr decreases. One pump and dump is natural will increases when demand is there and dumps when people panic or sell for profits.
Time period : Long term effect
Other one is intentionally which telegram group organises and price increases quickly and then decreases.
Time period: Max 10 min

pedrog

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You pump and they dump on you, they make money and you lose yours. Cheesy

Pump and dump are just scams to separate fools from their money, stay away, don't waste your money like that.

pinkflower

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Quote from: crazyivan on July 13, 2017, 01:18:33 AM

Quote from: pinkflower on July 12, 2017, 08:47:39 AM

As far as I know the main participants of a pump and dump buy the chosen cryptocurrency slowly without increasing the price. When they think they have enough, they start having other members of the group included in the plan. Thats when the price slowly starts increasing. By then all the others outside the group start noticing the increase in price and starts buying making the rate if increase go up. Thats the time the main participants dump, followed by the other members. By the time its all done, the others outside the group are holding bags of worthless coins.

The problem is 99% of the cases the main participants know what coin they will pump PRIOR to notifying the rest of the group. So basically lots of people, besides main participants, actually lose money.

BS tactics.

Also very illegal anywhere but in crypto. I m not so sure we dont need some form of crypto regulations. So many scammers arround these days.

Yes of course. Some group members will make money, some breakeven and the rest lost money. But the real losers here are the general market buyers who think the coin pumping will be the next BTC. They are willing to buy at any price because for them they are long term investors, not knowing that they are the target of the scam.

crazyivan

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Quote from: pinkflower on July 12, 2017, 08:47:39 AM

As far as I know the main participants of a pump and dump buy the chosen cryptocurrency slowly without increasing the price. When they think they have enough, they start having other members of the group included in the plan. Thats when the price slowly starts increasing. By then all the others outside the group start noticing the increase in price and starts buying making the rate if increase go up. Thats the time the main participants dump, followed by the other members. By the time its all done, the others outside the group are holding bags of worthless coins.

The problem is 99% of the cases the main participants know what coin they will pump PRIOR to notifying the rest of the group. So basically lots of people, besides main participants, actually lose money.

BS tactics.

Also very illegal anywhere but in crypto. I m not so sure we dont need some form of crypto regulations. So many scammers arround these days.

bapparabi

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Quote from: amacar2 on July 12, 2017, 10:52:16 AM

Quote from: bapparabi on July 12, 2017, 08:27:18 AM

hi i recently found pump and dump method alos join some group in telgram and i can see many activity ..

can any one explain how this work when to buy adn when to sell..

- Pump and dump method Roll Eyes

You better say you have Joined some SCAMERS groups in telegram

- Owner of the group buys large amount of some low priced bitcoin for long time and announce its name out of thin air on the group, everyone rush to buy it but they will actually loss so much because owner of the group will dump all his holding at peak price.

Don't join and don't believe whatever claims all those PUMP and DUMP group/sites will make.

aha got your point nice to get it before i lost

nethan1btc

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Quote from: NeuroticFish on July 12, 2017, 08:51:19 AM

Quote from: bapparabi on July 12, 2017, 08:27:18 AM

hi i recently found pump and dump method alos join some group in telgram and i can see many activity ..

can any one explain how this work when to buy adn when to sell..

as i can see the announce the coin name some minute before pump start .. so as soonas they announce coin shoud we start buying the coin ??

or we buy when they announce the pump started ..

and then when we sell thet coin when to sell and how we do that ..and know when to sell..can you guide ..

so can any one explain

Somebody asked this same question and I gave my answer / opinion not long ago.
You can find it here: https://bitcointalksearch.org/topic/m.20043848

Shortly: be very careful with Pump and Dump groups, you may end up as the fool they dump on.

That's true mate, everyone of us should be careful somebody pumps as they buy more and after all they sell it when everybody is also buying. I must agree that we've been fool sometimes and that's reality with it, and as a trader we normally felt shaking on our feet when price will eventually goes down; all you felt is fear and worries. In a long run being their in trading you will undertand all those feelings behind us who trade on crypto currencies.

amacar2

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Quote from: bapparabi on July 12, 2017, 08:27:18 AM

hi i recently found pump and dump method alos join some group in telgram and i can see many activity ..

can any one explain how this work when to buy adn when to sell..

- Pump and dump method Roll Eyes

You better say you have Joined some SCAMERS groups in telegram

- Owner of the group buys large amount of some low priced bitcoin for long time and announce its name out of thin air on the group, everyone rush to buy it but they will actually loss so much because owner of the group will dump all his holding at peak price.

Don't join and don't believe whatever claims all those PUMP and DUMP group/sites will make.

NeuroticFish

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Quote from: bapparabi on July 12, 2017, 08:27:18 AM

hi i recently found pump and dump method alos join some group in telgram and i can see many activity ..

can any one explain how this work when to buy adn when to sell..

as i can see the announce the coin name some minute before pump start .. so as soonas they announce coin shoud we start buying the coin ??

or we buy when they announce the pump started ..

and then when we sell thet coin when to sell and how we do that ..and know when to sell..can you guide ..

so can any one explain

Somebody asked this same question and I gave my answer / opinion not long ago.
You can find it here: https://bitcointalksearch.org/topic/m.20043848

Shortly: be very careful with Pump and Dump groups, you may end up as the fool they dump on.

pinkflower

sr. member

Activity: 868

Merit: 259

As far as I know the main participants of a pump and dump buy the chosen cryptocurrency slowly without increasing the price. When they think they have enough, they start having other members of the group included in the plan. Thats when the price slowly starts increasing. By then all the others outside the group start noticing the increase in price and starts buying making the rate if increase go up. Thats the time the main participants dump, followed by the other members. By the time its all done, the others outside the group are holding bags of worthless coins.

bapparabi

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Activity: 826

Merit: 1000

hi i recently found pump and dump method alos join some group in telgram and i can see many activity ..

can any one explain how this work when to buy adn when to sell..

as i can see the announce the coin name some minute before pump start .. so as soonas they announce coin shoud we start buying the coin ??

or we buy when they announce the pump started ..

and then when we sell thet coin when to sell and how we do that ..and know when to sell..can you guide ..

so can any one explain

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