Author

Topic: Is fairpumps legitimate? (Read 1260 times)

legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
April 21, 2017, 03:07:51 PM
#15
Honestly I could not understand how a manipulation group will work for every altcoins. Because I do believe only when they are having devs of one particular altcoin as a member of their group, they could get proper information about pumps or dumps. This must be true because when considering to the huge number of different altcoins, I believe it will not be possible for the any group to follow technically to identify nearby manipulations.

If they are sticking with only established altcoins, their profits will be very much a limited because manipulations are very rare with established coins.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
April 21, 2017, 02:43:59 PM
#14
I have also joined pump they have yesterday but luckily i haven't put anything in that pump. I think they have some custom trading bots for bittrex so that it can quickly buy all sell orders upto 5 to 6X within minute and than bot will start to dump all their holdings to manual traders who will arrive late in this pump drama. I don't gonna risk anything with them.
legendary
Activity: 966
Merit: 1006
April 20, 2017, 01:08:54 PM
#13
Look on their site, i am also subscribe so i get mails when there is a new pump coming.
Yes next pump gonna start after about 4 hours from now, i will not buy anything in this pump but i will have close look at how this pump gonna work.

Has anybody else made any profit from their pump before?
member
Activity: 101
Merit: 10
April 20, 2017, 06:33:59 AM
#12
There is a new pump coming tommorow at 5pm EDT.  Wink

How do you have this info?
Their topic is dead from @ 2 years.

If they show some more recent proof that they are real, 0.2BTC is an easy call.

Look on their site, i am also subscribe so i get mails when there is a new pump coming.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
April 20, 2017, 02:23:22 AM
#11
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

Fairpumps is legitimate and actually uses a good amount of new tech to be able to ensure that no one is cheated when a pump is occuring, everyone is going to be on the same ground (in theory this is)

There is a high chance for people to be scammed during a pump as the owners or someone in power could be buying in small amounts beforehand. Though the entire process of (pumping and dumping) is a bad one anyway.

I would advise against doing it and stick to normal investing as you stand to lose a lot if you get in at the wrong time.

Good luck.
Real "fair pumps" are terrible because you're just going to end up bidding against people who are more experienced than you and potentially being too late or setting the wrong price or something.  About half the time you're going to fail from doing this.

Unless you can cheat the system, participating in pump and dumps is a bad idea (and if you can, you're pretty shady yourself).
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
April 19, 2017, 08:06:11 PM
#10
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

Fairpumps is legitimate and actually uses a good amount of new tech to be able to ensure that no one is cheated when a pump is occuring, everyone is going to be on the same ground (in theory this is)

There is a high chance for people to be scammed during a pump as the owners or someone in power could be buying in small amounts beforehand. Though the entire process of (pumping and dumping) is a bad one anyway.

I would advise against doing it and stick to normal investing as you stand to lose a lot if you get in at the wrong time.

Good luck.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
April 19, 2017, 06:27:34 PM
#9
There is a new pump coming tommorow at 5pm EDT.  Wink

How do you have this info?
Their topic is dead from @ 2 years.

If they show some more recent proof that they are real, 0.2BTC is an easy call.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
April 19, 2017, 04:56:33 PM
#8
Fairpumps. net is claimed biitrex pumpers group that uses Fair of Proof to decide the coin to be pumped.
Their premium membership fee is I think 0.2 btc.
Anyone here member of this group or know anything about it?
Is it legitimate group?

If they are legit, the premium membership that they're asking would be justifiable but we still don't know that. We need someone who will provide some proof about Fairpumps' claims. I heard about them in the past but I didn't purchase their premium membership because of its steep price. If they are indeed true, it would be good for a trader to be a member of their premium group. 0.2 BTC can easily be earned if you know beforehand what coin will be pumped by them. In the end, we should tread cautiously here because this may turn to be a scam.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
April 19, 2017, 03:11:17 PM
#7
There is a new pump coming tommorow at 5pm EDT.  Wink
Will they send updates to their newsletter subscriber for free also?
I have subscribed them, lets look at how this goes. If it looks real i may purchase private membership.
member
Activity: 101
Merit: 10
April 19, 2017, 03:03:08 PM
#6
There is a new pump coming tommorow at 5pm EDT.  Wink
sr. member
Activity: 728
Merit: 266
April 18, 2017, 12:21:48 PM
#5
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

You're partly right with it since they are a group of people. In trading there are risks happening, for some reasons i also think about it as ponzi which is mostly shady in such case. In the other side if you have successfully ride with the flow, this could be win for you, But in the whole conclusion it's still risky and its all your choice if you would ride it or not.
hero member
Activity: 546
Merit: 500
April 18, 2017, 11:24:58 AM
#4
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).
sr. member
Activity: 728
Merit: 266
April 18, 2017, 10:31:17 AM
#3
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.


Well i heard of this that they were running for over 2 years also and I do agree with you. They seem to be legitimate and i think your fee wouldn't be wasted if the pumps were real. There is also one time i read some feed back about them and i don't want you to assume if its true or not so like me as well i would like to hear other people or what are their feed back's to what they had experienced.
legendary
Activity: 2618
Merit: 1103
April 18, 2017, 09:34:08 AM
#2
https://bitcointalksearch.org/topic/fairpumpsnet-pump-tuesday-at-5pm-est-756764

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.
legendary
Activity: 854
Merit: 1000
April 18, 2017, 07:42:49 AM
#1
Fairpumps. net is claimed biitrex pumpers group that uses Fair of Proof to decide the coin to be pumped.
Their premium membership fee is I think 0.2 btc.
Anyone here member of this group or know anything about it?
Is it legitimate group?
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