I think I found the perfect way to schedule a massive pump - page 2.

Skele

full member

Activity: 224

Merit: 100

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Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

Someone can spend 1 bitcoin writing an "expensive" message to let the fools buy into his "pump", they will pump bitcoin just to let the whale dump his coins at the peak over the first ones.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

Announcing the date and time of a pump renders the whole thing dead. Everyone will be front running each other to get in before the pump "starts" and then when it officially does, everyone will be running for the exit. Could work out well for the whale, though, if they accumulated nicely before making the announcement.

skivrmt

hero member

Activity: 994

Merit: 501

Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

Does anyone care about the legality of this regardless of if it will work or not? Almost no possibility it will, but funny how people think oh its Bitcoin, there are no rules. Rules apply to basically anything that can be traded or manipulated. Bitcoin certainly falls under both those umbrellas.

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: protokol on May 28, 2014, 01:06:55 PM

Quote from: KaChingCoinDev on May 28, 2014, 11:36:02 AM

Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

How much is he going to spend? 1 BTC for almost 85k characters? How rambly is he? The time it takes to write the message is not worth it lol.

LOL

CTRL+V

True. But still, doesn't sound so realistic to me

protokol

legendary

Activity: 1188

Merit: 1016

Quote from: KaChingCoinDev on May 28, 2014, 11:36:02 AM

Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

How much is he going to spend? 1 BTC for almost 85k characters? How rambly is he? The time it takes to write the message is not worth it lol.

LOL

CTRL+V

Seriously though, I don't think this would work. If news of the pump got too public, it would become very unpredictable.
Best way I think, would be to organise it with a bunch of other whales privately with strict timing, allowing you to play the market with people who don't have a clue what's going on...

Black Tie

newbie

Activity: 18

Merit: 0

Is there anything stopping people from tipping themselves? I suspect that's what the most-tipped list is.

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: solomania9 on May 28, 2014, 09:24:54 AM

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?

How much is he going to spend? 1 BTC for almost 85k characters? How rambly is he? The time it takes to write the message is not worth it lol.

LOL

solomania9

newbie

Activity: 28

Merit: 0

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?

Topic: I think I found the perfect way to schedule a massive pump - page 2. (Read 2066 times)