Topic: Is Bitcoin a pump and dump scheme? - page 5. (Read 764 times)
of course this action is usually done not because there are certain events or bases, so sometimes misleading or exaggerated. The traders who do this buy Bitcoin in very large volumes, causing other traders to panic and also buy Bitcoin so the price is higher.
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 ?
I dont think so, pump and dump strategy affects only small time investors and beside it would have to be a thousand millionaire investors to pull these kind of schemes just to take effect.
The only problem is, if you happen to sell bitcoin at a wrong time.
Then that would seems like a pump and dump scheme effect.
Anyway,people are holding bitcoins because they are waiting for the right time to sell. I believe thats the reason why bitcoin is constantly changing.. Obviously, supply and demand is the reason.
I don't think so, since many countries already going to support bitcoin.
And it makes a lot new investors to invest here
And it makes a lot new investors to invest here
On every market you have pump and dump.
Something special about Bitcoin is the spread around the world.
That makes it unique and there will alwys be people holding it. For different reasons.
So it's gonna level up the price every year, for sure.
Be patient! In satoshi we trust
Something special about Bitcoin is the spread around the world.
That makes it unique and there will alwys be people holding it. For different reasons.
So it's gonna level up the price every year, for sure.
Be patient! In satoshi we trust
Not really. Bitcoin is not a pump and dump scheme. Sometimes bitcoin price may increase and decrease rapidly.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.
I will also never call Bitcoin a scheme. It is the coolest cryptocurrency that has the highest volatility. wise traders use this characteristic to earn money on it, that is why BTC will always have ups and downs.
We can not say how you and others say about bitcoin , in the pump and dump sheme , it is nearly the same as the buy and selling scheme , so it is your choice on how to portray bitcoin ,I am not psrticular of what characteristic you say about bitcoin as long as you are not in the losing end but in the gain.
Every financial instrument have its own pump and dump . BTC is not a pump and dump scheme if you think that then you dont know properly . Yes so many speculation behind the btc price becuase of its value . If you chek the past 3 years btc graph i think you will be clear .
Truly in reality this is a result of bitcoin, particularly if bitcoin is generally utilized as a methods for installment, the cost will be high. The plan as you said previously, it will go on perpetually while bitcoin is as yet utilized for venture, yet with the develop methodology of the financial specialists, they can profit significantly from bitcoin without dreading the dangers.
In the course of the experiment on hacking a test purse in Coinbase, researchers had only minimal information about the victim
You gotta be kidding me. LOL
There may be some, umm, "insider trading" as a few people control the majority of the share, but if you're asking about a correlation between BTC and shady ICOs then the answer is HELL NO!
Furthermore, if you have any doubt whatsoever, which it sounds like you may, then BTC might not be the right space for you.
There may be some, umm, "insider trading" as a few people control the majority of the share, but if you're asking about a correlation between BTC and shady ICOs then the answer is HELL NO!
Furthermore, if you have any doubt whatsoever, which it sounds like you may, then BTC might not be the right space for you.
Bitcoin was well thought and designed and just seeing the technology beyond bitcoin you can see for yourself that it is a good thing and not at all a scheme
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 ?
BTC is a kind of investment and every investment is susceptible to pump and dump but BTC is not like any other chit fund company who claims to double ur money and then flew away. BTC is an very big investment and I guess this is the biggest achievement of SATOSHI NAKAMOTO. BTC has provided employment to millions of people and many people rely on BTC. Though the valuation is deflating now a days but this is also very sure that it will also inflates and will give you the profit but just wait for the right time What do you think ?
No bitcoin is not a pump and dump scheme which is why it has such value. Although it's highly susceptible to pump and dumps though.
Yes it is not a pump and dump scheme. because if it was a pump and dump, bitcoin would dead in the past.
but now, bitcoin still exist. it is the proof that bitcoin is not a pump and dump scheme.
but now, bitcoin still exist. it is the proof that bitcoin is not a pump and dump scheme.
this scheme in my opinion happened in December where we saw a surprise increase and a huge pump of all the market and after a top the coins were sold, a lots of coins than were dumped.
Now $7,800. Bitcoin looks like a dump scheme.
Well, it's the nature of the world. There is a food chain and the goal is not to be at the bottom.
i think with the brand new market like cryptocurrency market, which capitalisation is very low, it is totally under control of sharks, who hold a huge amount of coin
Not really. Bitcoin is not a pump and dump scheme. Sometimes bitcoin price may increase and decrease rapidly.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.
Also quite true. Penny stock pump and dumps are selling stocks in something people have no utility for. Btc clearly has a utility. (it definitely does for me anyway)
I dont think its true after bitcoin can be used as currency online and offline.
But for now, this is whales game make pump and dump. Actually i dont like this pump and dump but i am waiting for the lighter future for bitcoin.
I also think as with what you are thinking, it's just like a game by big investors with lots of bitcoin, with big sales by investors making bitcoin prices slump and vice versa, and this is sure to happen again and again every year.
Jump to: