Pump and dump | Bitcointalksearch.org

elokk

hero member

Activity: 723

Merit: 519

Quote from: Anti-Cen on December 22, 2017, 04:53:45 PM

Quote from: elokk on December 22, 2017, 04:23:02 PM

Bitcoin always pumps and dumps, doesn't change that fact that it has real utility. Bitcoin is here to stay

My abacus is a real utility and BTC does not offer a service to host contracts (Little ledgers looking to earn gas, not real programs)
like ETH so i am not sure what you mean unless your trying to assign value to the coins because it took a lot of CPU power and
electricity to make one via mining

I am thinking about writing a program that will count all the black pixies in hundreds of images that I will download
from google because the number generated must have value if it took terra-flops of processing power to derive at the
final result.

Bitcoin will be going if they don't address the issue I have raised and not only get the transaction speed up but get the
costs back down by a factor of about 2500

7 Transactions a second, well I could do that on a 48k ZX-Spectrum without breaking out to cutting machine-code

Layer 2

Quit complaining and build it

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: elokk on December 22, 2017, 04:23:02 PM

Bitcoin always pumps and dumps, doesn't change that fact that it has real utility. Bitcoin is here to stay

My abacus is a real utility and BTC does not offer a service to host contracts (Little ledgers looking to earn gas, not real programs)
like ETH so i am not sure what you mean unless your trying to assign value to the coins because it took a lot of CPU power and
electricity to make one via mining

I am thinking about writing a program that will count all the black pixies in hundreds of images that I will download
from google because the number generated must have value if it took terra-flops of processing power to derive at the
final result.

Bitcoin will be going if they don't address the issue I have raised and not only get the transaction speed up but get the
costs back down by a factor of about 2500

7 Transactions a second, well I could do that on a 48k ZX-Spectrum without breaking out to cutting machine-code

elllee

member

Activity: 252

Merit: 10

Quote from: 73blazer on December 22, 2017, 10:59:50 AM

Yup, I just finally cashed in my free BCH for BTC while BCH was at a high and BTC had dropped. Pump and dump to it's max!!!!

Remember, it's all about the money. Sell your BTC now, fire sale sell sell Mortimer sell !!! If your having trouble selling your BTC, you can just give me your private keys, I'll take them off your hands. Shocked

I accept this as a joke asking for i private keys in the forum. But thank you for that i can take this and play in my own strategy.

ahmadakbari

full member

Activity: 602

Merit: 116

There were many people talking about missing opportunity of buying bitcoin at lower prices and wish they had buy bitcoin before. Now it's very good time to buy bitcoin for them. It might be the last chance to buy bitcoin at current price. I think a new all time high will be reached soon.

elllee

member

Activity: 252

Merit: 10

Quote from: Davidbugs2 on December 22, 2017, 10:03:59 AM

Its excellent time to buy it. and hodl for a few months. you will have decent profits.

Yeah right, it's time to add more in your investment now. This pump in dump is giving us a opportunities to get more profit in the future.

elokk

hero member

Activity: 723

Merit: 519

Quote from: ?? on ??

Yup.

First it was PUMP PUMP PUMP

Now it is DUMP DUMP DUMP!

Everyone is being greedy and just trying to make tons of money. It seems the dump is going to be even bigger than the pump!

I think most people are selling NOW. Trying to get out before the big crash

Bitcoin always pumps and dumps, doesn't change that fact that it has real utility. Bitcoin is here to stay

Noobs get rekt, hodlers buy lambos.

elllee

member

Activity: 252

Merit: 10

Quote from: vanish9 on December 22, 2017, 10:34:40 AM

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

You clearly answered to your own question on the tittle, this is just a pump & dump situation, they lowered the price so they can buy at a cheap rate, the price is going to recover soon.

It's fun reading news now, many holders panic to buy and sell their btc and i think this is the best christmas gift to everyone to earned more profit before 2017 ends.

Jeger.Kiting

full member

Activity: 630

Merit: 102

Quote from: bitterguy28 on December 22, 2017, 10:54:29 AM

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

Yes that is very surprising, i suggest wait until $10k price down but if you want make sure because have possibility to increase again the in a few days or before christmas, you can buy now, it depends on you startegy.

I'm not sure about the Btc price you suggest, I do not think Btc can go down to $ 10, maybe Btc price will drop only slightly from the current normal price, my advice if you want to invest in Btc better. . You buy it now, so if you buy it now I believe the Btc price will go back up next month and you will benefit more than the amount you have invested in Bitcoin then.

carriebee

sr. member

Activity: 1148

Merit: 251

In this market that full of speculative of what may the outcomes is really hard to enter if its the good time to buy. In this case, buy when its dip and better to hold. It takes really risks in this market the pump and dump.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: xkatarinax on December 22, 2017, 10:59:45 AM

Yes, I think that now is the best time to buy it. It is go down and it is a good chance to invest

Gamble you mean, it's the term used in the footer at the bottom of your post.

Good luck on making a profit from any bear trap but please lets call a spade a spade

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

If you look at the condition then this is our chance to gain profit. Bitcoin price reductions can be utilized to make a profit, so not forever the decline in Bitcoin price is a loss. Some people who can use it well can even earn much greater profits than ever before. Everything and events must have benefits, the most important is how we respond to them. when we are smart to take advantage of something well then the results will be good.

cryptomato

full member

Activity: 180

Merit: 100

Quote from: elllee on December 22, 2017, 10:19:58 AM

Quote from: Davidbugs2 on December 22, 2017, 10:03:59 AM

Its excellent time to buy it. and hodl for a few months. you will have decent profits.

Many also said that in telegram group i also waiting 1 more dump and then begin to buy.

I would doubt about it. There is already panic selling in the market that causing bigger drops. One another dump might be way more harmful for crypto currencies market than you may think of.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: ?? on ??

Yup.

First it was PUMP PUMP PUMP

Now it is DUMP DUMP DUMP!

Everyone is being greedy and just trying to make tons of money. It seems the dump is going to be even bigger than the pump!

I think most people are selling NOW. Trying to get out before the big crash

I think you are wrong about the big crash and the price will stop falling long before it wipes out
our two months worth of gains.

Coinbase and the miners are making a mint regardless of you selling or buying, they just need
movement of digits that are priced in bytes on this marvelous money making machine called a block-chain.

Hold on to your tulips, do not re-plant them, summer is not over just yet.

73blazer

member

Activity: 111

Merit: 17

Quote from: xkatarinax on December 22, 2017, 10:59:45 AM

Yes, I think that now is the best time to buy it. It is go down and it is a good chance to invest

I read a book a while back on investing, in general. The simple concept of buy low and sell high sounds simple enough. But they had done some scientific studies and basically came to the conclusion that......humans are pre-wired against doing that. Most, can't do it, they see drop...their brain tells them they'd better get out. They see it going through the roof and their brain tells them good time to get in it's going up. The successful investors are two steps ahead of the game at all times and they can steel themselves into not doing stupid things like selling low and buying high.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

if me personally i will wait christmas to come, and buy in dip. people still sell their asset for now and the price will be dumped more until christmas, this is usually happen

73blazer

member

Activity: 111

Merit: 17

Yup, I just finally cashed in my free BCH for BTC while BCH was at a high and BTC had dropped. Pump and dump to it's max!!!!

Remember, it's all about the money. Sell your BTC now, fire sale sell sell Mortimer sell !!! If your having trouble selling your BTC, you can just give me your private keys, I'll take them off your hands. Shocked

xkatarinax

full member

Activity: 242

Merit: 103

Yes, I think that now is the best time to buy it. It is go down and it is a good chance to invest

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Yes pump and dump but the big crash will come at a later stage.

The bankers need to get joe public gambling and they will be as happy as pie if they buy at
$10k and it jump back up to $20k.

Why it could almost turn a normal man in to a gambling addict a win like that could and this
is just what bankers want for the sheeple.

it's much cheaper and faster to use a bank to move money than the current BTC network
and the only reason people are hanging around is because of the mega gains on the so called
value of this token but make no mistake you have not broken free from the bankers and you
too are on the menu.

Yes friends i think you will see $50,000 and the bull in the local field will put on
another 100kg but we all know how the story ends don't we

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

Yes that is very surprising, i suggest wait until $10k price down but if you want make sure because have possibility to increase again the in a few days or before christmas, you can buy now, it depends on you startegy.

resty

full member

Activity: 501

Merit: 147

Quote from: elllee on December 22, 2017, 10:01:16 AM

December 22 bitcoin down to $11k what you think it's good to buy now?

Absolutely! It is a great time to buy and hold Bitcoin sir. Like other said, you will have a decent profit from that. Now, I can say that Bitcoin price is extremely volatile. Just imagine it dumps just in a single period of time, everyone was shock and there are still users who are panicking about this event.

Topic: Pump and dump (Read 333 times)