Topic: Is Bitcoin a pump and dump scheme? - page 2. (Read 783 times)
I`m thinking that all of this market is partly that way, but there are some coins which were initially created to pump - dump - forget, so Bitcoin is not that type of coin, certainly!
Its altcoins we can classified as pump and dump scheme snd not bitcoin that has already gained ground and popular...
There are plenty of coins which are pump and dump coins but I bitcoin is of-course not a pump dump coin, Of-course the prices never stands at one point for a long run because of demand and availability. Also a good and bad news play their parts as well.
Only if coin have enough liquidity and wide circulation. For BTC it's correct
it isn't dump and pump scheme, the price is always determines by the force demand and supply of the market...
Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
What do you think ?
Yes, I agree with this opinion.
To decide whether BTC is an advanced technology or low-valued "stock", we need to decide if so-called product behind price is viable/reasonable. Right now I understand, that BTC can not be used massively due to its unreasonably high "production cost." While enthusiasts say, that number of transactions is not limiting matter, but size of block in chain, it doesnt make any difference. Its still just too ressource-costly to mine.
Right now miners do that job in hope of getting coin in return and that hope is halved every 210 000 blocks.
Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
feel the loss of money invested I think only some people or investors who are impatient and confident with bitcoin until now the proof is still a lot of investors who benefit from their investment What do you think ?
It's a property transfer program. When the money from the pocket of those who do not have the will, knowledge into the pocket of the brave and understand the market
That's right, this bonus happens with the coin shit. Can also coin top so. But having entered into this market must believe in it.
Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
Honestly there are instances of pump and dump going around and you should be aware of it to avoid falling into a trap if you are an investor. We may hate to admit it but we are all here to make profit no matter what. If you want to join that pump and dump to gain profit then you can but also be aware that not all the time that this group is going to earn profit, they also lose. What do you think ?
It may or may not be. To be a scheme Bitcoin should be a large number of people in the team and there will be some specific stock controlled by organized teams. Yes, aBTC and other cryptosystems are large branches and it is actually quite easy.
With the achievement of bitcoin in the crypto market, I personally do not agree that btc is a pump and dump scheme and I think that would also depend on the person's views about btc. For some trader and investors approach, considering they just wanted to earn profit quickly, they would sell their btc after the pump and everytime there will be another bear market, they tend to buy again.
Yeah I think so. but who knows if many whales might do so on purpose? with perhaps millions of dollars in capital they have. maybe they can make manipulation in a market and make pump and dump scheme? basically pump and dump because of demand and supply. Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
It can be but if someone wants to manipulate the bitcoin price he/she had much bitcoin on his wallet to have big effect once he dumps his coins. Those early investors of bitcoin back in the early stage will probably have the control of the bitcoin price as we have not seen the price of bitcoin to reach above $10k and goes correction to down $7k.What do you think ?
Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
It can be but if someone wants to manipulate the bitcoin price he/she had much bitcoin on his wallet to have big effect once he dumps his coins. Those early investors of bitcoin back in the early stage will probably have the control of the bitcoin price as we have not seen the price of bitcoin to reach above $10k and goes correction to down $7k. What do you think ?
Seriously, this is a completely illusory market for people who do not understand it, Pump and Pour is the best definition of this market.
there is traces of manipulation in any market but just because manipulation happens you can not call it pump and dump. a pump and dump is for something that is purely manipulation and zero real demand. and bitcoin has a lot of real demand. it is still THE decentralized money without competition and the real demand means it will not be pumped and dumped.
Yeah thats what it is! Something with huge demand and people need it all the time. They can not pump or dump it easily because it will require huge money to do so. The market pumping can be done if the value and market cap both are almost equal to nothing. If BTC would have been equal to lets say few dollars with no volume daily or may be just a little one then there would have been huge chances that it is pump-dump machine. This can be proven from the telegram groups who are using undervalued coins for manipulating the prices.
Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
What do you think ?
Bitcoin pump and dump can happen once a bunch of ignorants comes in. Nobody in his good functioning mind will ever buy bitcoin at ATH.
So basically, who buys it during dumps are those greedy ass noobs like those who have bought in panic last December.
I hate these losers, they are the reason why bitcoin is being accused as fraud. I hope you are not one of them noobs.
Yes, I also think like that, that it's part of the price manipulation done by maybe the operator, or it could be the owner of a giant bitcoin. They set in such a strategy to play a price that makes people panic. People will experience "panic sell" or "panic buy". This is where they take steps to buy bitcoin in cheap price. Then they play a strategy again to sell bitcoin in high prices. Indeed in investment and business, investors are required to be smart and experienced in analyzing the market. Don’t let you follow the trend because this can be misleading.
The pump and dump movement is a strategy to push in and push out the token from everyone's wallet. This group is influential to change the price of the coins whether we like it or not the pump and dump people can manipulate the price totally.
With the achievement of bitcoin in the crypto market, I personally do not agree that btc is a pump and dump scheme and I think that would also depend on the person's views about btc. For some trader and investors approach, considering they just wanted to earn profit quickly, they would sell their btc after the pump and everytime there will be another bear market, they tend to buy again.
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