Topic: I think I found the perfect way to schedule a massive pump (Read 2078 times)
LOL what a retarded plug, besides, buying into someone else's publicly announced pump means YOU are the sucker left holding the bag.
Pump and dump scheme are shark eat shark world.
I believe so, although I'd extend this to all day-trading myself.
Schemes that take advantage of other people are not helpful.
Such schemes, when profitable, take advantage of bad day-traders. It is the bad day-traders that are not only unhelpful but destructive. Disincentivising this activity will reduce volatility and quicken the process of price discovery.
People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.
I suppose it's good karma to wish others misfortune.
Pump and dump scheme are shark eat shark world.
Someone who is new to cryto won't know how to buy all these alt coin.
Schemes that take advantage of other people are not helpful.
Such schemes, when profitable, take advantage of bad day-traders. It is the bad day-traders that are not only unhelpful but destructive. Disincentivising this activity will reduce volatility and quicken the process of price discovery.
People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.
I suppose it's good karma to wish others misfortune.
However, some pump-and-dump schemes are profitable and take advantage of manipulable day-traders. These certainly help the market and the community and I for one hope we see more of them.
Schemes that take advantage of other people are not helpful. People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.
i once lost a lot of money on an altcoin pump that was carried out like this. NEVER AGAIN 
Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.
Stupid pump-and-dump schemes are not profitable so, while they certainly do hurt the market, there is at least a strong disincentive to executing them.
However, some pump-and-dump schemes are profitable and take advantage of manipulable day-traders. These certainly help the market and the community and I for one hope we see more of them.
Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.
Sure (and what OP suggested would not work at all anyway). BUT to some extent, and especially in a market with such low liquidity as bitcoin, there will naturally be sharks trying to fleece the inexperienced traders/investors.
This problem will solve itself with market cap growth. Until then it is a roller coaster.
Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.
Sure (and what OP suggested would not work at all anyway). BUT to some extent, and especially in a market with such low liquidity as bitcoin, there will naturally be sharks trying to fleece the inexperienced traders/investors.
Im not sure that will work, the web page is to obscure. saying that x11 went up to .0049 albeit a few hours later. lets see what happens to pinkcoin though but like i said on twitter i think its too early for pink.
If it works it will quickly kill its self, you will get 100 people a day announcing pumps for £1!
If it works it will quickly kill its self, you will get 100 people a day announcing pumps for £1!
We are drifting lol.
This was about HOW to do a Pump, not WHY to do a Pump
This was about HOW to do a Pump, not WHY to do a Pump
The pump game is stupid. Some people win (the guy that announces, and maybe the first people in), but everyone else are just suckers.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
Yes this is what i mean, fontas was doing this at his last pumps, they dont even really pump they only dump their coins to the suckers that believed on the "pump". Altough thats illegal and we dont want that shit on bitcoin
Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.
Ok hear me out. If a whale wants to announce a pump anonymously, he can make a long expensive post on http://bitcoinmegaphone.com announcing the date and time.
If the post is long enough (ie, expensive enough) people will know he's actually a whale and is serious. Then the post's permalink will get spread around the internet, helping to ensure the pump has a good chance of happening.
Thoughts?
If the post is long enough (ie, expensive enough) people will know he's actually a whale and is serious. Then the post's permalink will get spread around the internet, helping to ensure the pump has a good chance of happening.
Thoughts?
This sounds like a self-plug for the site... because in the real world this wouldn't matter at all. Someone could just as easily sign a transaction from a wallet with thousands of BTC and post it on the forums.
Have I been living under a rock? I have never even heard of bitcoinmegaphone until I read this thread...
This would probably work with some of the Alt-coins, and just maybe a little bit on BTC, but not enough to be all that profitable...
This would probably work with some of the Alt-coins, and just maybe a little bit on BTC, but not enough to be all that profitable...
I had this idea when I was like... 10.
Wouldn't work in practice.
Wouldn't work in practice.
The sad fact is that it does work. Look up Fontas.
I had this idea when I was like... 10.
Wouldln't work in practice.
Wouldln't work in practice.
The pump game is stupid. Some people win (the guy that announces, and the first people in), but everyone else are just suckers.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
Well, it's not really stupid for the pumper then, eh? Sounds like they are making out with a nice profit, buying at the bottom and selling to all the suckers on the way up.
The pump game is stupid. Some people win (the guy that announces, and maybe the first people in), but everyone else are just suckers.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
The stupidest part is that the guy that announces doesn't even really play. He has already bought in and just cashes out after he announces.
The best way it not to schedule a massive pump.
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