Pump and dump. - page 2. | Bitcointalksearch.org

DustyRah

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Quote from: MatTheCat on May 31, 2014, 08:42:44 PM

Yep. It is petering out for sure. The whales have stretched this sucker out as far as it can go for now I reckon. But I will probably be wrong and we will wake up with $720 Bitcoin tomorrow. What I am noticing though is some very fishy trading patterns. Like someone somewhere is rolling Bitcoins back and forward between accounts to try and manipulate the 'indicators' or something. It's all fucking bullshit, and its bad for you. But hey, if you can buy some piece of digital code for $500 one day and reliably sell it for $600 the next, who can complain?

There is nothing fishy mate. The volume you see is based on positive BUY indicators. When the indicators turn SELL, you will see the opposite. Don't be paranoid, there isn't any guy sitting around buying up a whole lot of BTC at his own losses just to sell it lower than he bought it for.

Note that BTC did not go anywhere for a full month because it was neither a SELL nor a BUY as per the indicators at that time. Also, we don't have as much sucky news as we used to have thanks to the Chinese squirrels selling out and taking their nuts out of the game.

DustyRah

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Quote from: saddambitcoin on May 31, 2014, 05:40:14 PM

Sorry, bitcoin does solve a problem for the masses! You use bitcoin to easily and securely send money to anyone in the world for very low cost!

Let's examine the competition:

Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees
Personal check / money orders - mailing time + 3-4 days to clear + small fees (also your mail can be lost by carrier)
Cash - instant + no fee BUT you have to be in the same physical location. or take the risk of losing all by sending cash in mail
Paypal - instant, but expensive fees to receive money (i think like 2-3%). also paypal can freeze your money for whatever reason they want
Western Union / Moneygram - same day transfer + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

True that, its the most easy way to send money at this time. I just wish supermarkets and grocery stores start to accept BTC. Anyone know of any supermarket or grocery store accepting BTC at this time?

Hopefully if Amazon starts accepting it, some supermarkets may follow.

calmindifference

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Quote from: saddambitcoin on May 31, 2014, 05:40:14 PM

Sorry, bitcoin does solve a problem for the masses! You use bitcoin to easily and securely send money to anyone in the world for very low cost!

Let's examine the competition:

Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees
Personal check / money orders - mailing time + 3-4 days to clear + small fees (also your mail can be lost by carrier)
Cash - instant + no fee BUT you have to be in the same physical location. or take the risk of losing all by sending cash in mail
Paypal - instant, but expensive fees to receive money (i think like 2-3%). also paypal can freeze your money for whatever reason they want
Western Union / Moneygram - same day transfer + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

Yesterdays estimated BTC transaction volume was 80,000, but 4000 new BTC got mined. That's 5% + tx fees.

Wolf Rainer

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Pump and dump? I only see healty grow, this is not speculation it´s real rise and i will keep on rising.

Ibian

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Quote from: Xer0 on June 01, 2014, 04:41:18 AM

Quote from: saddambitcoin on May 31, 2014, 05:40:14 PM

Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

nah, cant sign that, bro

first: SEPA is free and takes 1 bank day

snd: BTC's low fee is only valid when you think in Bitcoin
if the amount sent has to be received in FIAT, there can be losses even bigger then all your competitors called. most exchanges dont deposit before 6 confirmations, which is long time for an always movin market. and there are the exchanger fees and price difference between sender/receiver market

SEPA is not free in any bank I know of in this particular country, and it often takes 2-3 days. Price is about 4-50 bucks depending on bank and method.

Xer0

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°^°

Quote from: saddambitcoin on May 31, 2014, 05:40:14 PM

Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

nah, cant sign that, bro

first: SEPA is free and takes 1 bank day

snd: BTC's low fee is only valid when you think in Bitcoin
if the amount sent has to be received in FIAT, there can be losses even bigger then all your competitors called. most exchanges dont deposit before 6 confirmations, which is long time for an always movin market. and there are the exchanger fees and price difference between sender/receiver market

MatTheCat

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Quote from: saddambitcoin on May 31, 2014, 05:40:14 PM

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

Oh yeah?

And how am I going to get Bitcoins sent to me from the UK, turned into Tanzanian Schillings that I can actually spend in Dar Es Salaam u fkn dick? I wonder what the 'LocalBitcoin' premiums on cash deals are like out there?

Ya never thought aboot that ane did ye?

Quote from: harlenadler on May 31, 2014, 08:10:07 PM

Not the most effective troll I've ever seen, but he's got a point with the low volume/momentum. Seems this whole up trend is petering out a bit. I wonder if we might head down for a bit.

Yep. It is petering out for sure. The whales have stretched this sucker out as far as it can go for now I reckon. But I will probably be wrong and we will wake up with $720 Bitcoin tomorrow. What I am noticing though is some very fishy trading patterns. Like someone somewhere is rolling Bitcoins back and forward between accounts to try and manipulate the 'indicators' or something. It's all fucking bullshit, and its bad for you. But hey, if you can buy some piece of digital code for $500 one day and reliably sell it for $600 the next, who can complain?

harlenadler

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Agent of Chaos

Not the most effective troll I've ever seen, but he's got a point with the low volume/momentum. Seems this whole up trend is petering out a bit. I wonder if we might head down for a bit.

BitPhotos

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MTA, ACA

Quote from: Alley on May 30, 2014, 08:30:24 PM

best thing ive seen all day lol Cheesy

saddambitcoin

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Sorry, bitcoin does solve a problem for the masses! You use bitcoin to easily and securely send money to anyone in the world for very low cost!

Let's examine the competition:

Bank transfer (ACH/wire/SEPA/etc) - 3-4 business days + big fees
Personal check / money orders - mailing time + 3-4 days to clear + small fees (also your mail can be lost by carrier)
Cash - instant + no fee BUT you have to be in the same physical location. or take the risk of losing all by sending cash in mail
Paypal - instant, but expensive fees to receive money (i think like 2-3%). also paypal can freeze your money for whatever reason they want
Western Union / Moneygram - same day transfer + big fees

Bitcoin - instantly received, spendable within 30 minutes to 1 hr. transaction fee of roughly 5 cents

socal

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CryptoTalk.Org - Get Paid for every Post!

I will admit SOMETIMES the fervor of BTC supporters DOES remind me of the Dutch Tulip Craze in the 1600's (I think) anyway Tulips (Yes the flower) for some reason or another became so prized and sought after that people blindly spent everything they had on them until one day everyone looked around and said WTF!!! these are fucking FLOWERS! Why was I gonna sell my house, land, and everything else for some again? and just like that they were worthless ***BUT*** BTC has an actual real world USE instead of being a stupid ass flower I'm just saying that it probably isn't the best move to take out loans and sell everything you own to buy BTC but deff get what you can with what you can spare

Benjig

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Quote from: RandomPedestrianN9 on May 30, 2014, 11:41:29 AM

Very nice volume. Tryhard fanboys pump the price twice, the price and volume continue to decrease afterwards, volume was again back to extremely low levels yesterday. Get the bigger picture, pump and dump, BTC is done. This is not how you attract masses, if you want to attract masses to sponsor your pyramid scheme, you gonna need to solve a problem for the masses, not for drug cartels.

This things usually are said by people who dont have even a satoshi... its like the people who said "money is not important" is because they dont have a buck at that time Cheesy

Pd: i have forgot about the "piramid scheme " fud commonly used in early 2013 lol what a fools

romneymoney

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HODL

still waiting for the dump part
OP will probably think he's right for a few when there is a Bull trap.

socal

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Quote from: RandomPedestrianN9 on May 31, 2014, 02:33:58 PM

Quote from: Buffer Overflow on May 31, 2014, 01:28:47 PM

Quote from: RandomPedestrianN9 on May 30, 2014, 11:41:29 AM

Very nice volume. Tryhard fanboys pump the price twice, the price and volume continue to decrease afterwards, volume was again back to extremely low levels yesterday. Get the bigger picture, pump and dump, BTC is done. This is not how you attract masses, if you want to attract masses to sponsor your pyramid scheme, you gonna need to solve a problem for the masses, not for drug cartels.

I detect a little underlying butthurt. Cheesy

Why should i be butthurt? Im investing elsewhere, im not the one losing 90% of his investment in minutes. (bubble, cough, cough)

Then why are you here?

Gingermod

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Quote from: RandomPedestrianN9 on May 31, 2014, 02:33:58 PM

Quote from: Buffer Overflow on May 31, 2014, 01:28:47 PM

Quote from: RandomPedestrianN9 on May 30, 2014, 11:41:29 AM

Very nice volume. Tryhard fanboys pump the price twice, the price and volume continue to decrease afterwards, volume was again back to extremely low levels yesterday. Get the bigger picture, pump and dump, BTC is done. This is not how you attract masses, if you want to attract masses to sponsor your pyramid scheme, you gonna need to solve a problem for the masses, not for drug cartels.

I detect a little underlying butthurt. Cheesy

Why should i be butthurt? Im investing elsewhere, im not the one losing 90% of his investment in minutes. (bubble, cough, cough)

I probably have more money than you sitting in this one commodity.

Go shill elsewhere.

RandomPedestrianN9

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Quote from: Buffer Overflow on May 31, 2014, 01:28:47 PM

Quote from: RandomPedestrianN9 on May 30, 2014, 11:41:29 AM

Very nice volume. Tryhard fanboys pump the price twice, the price and volume continue to decrease afterwards, volume was again back to extremely low levels yesterday. Get the bigger picture, pump and dump, BTC is done. This is not how you attract masses, if you want to attract masses to sponsor your pyramid scheme, you gonna need to solve a problem for the masses, not for drug cartels.

I detect a little underlying butthurt. Cheesy

Why should i be butthurt? Im investing elsewhere, im not the one losing 90% of his investment in minutes. (bubble, cough, cough)

Buffer Overflow

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Quote from: RandomPedestrianN9 on May 30, 2014, 11:41:29 AM

Very nice volume. Tryhard fanboys pump the price twice, the price and volume continue to decrease afterwards, volume was again back to extremely low levels yesterday. Get the bigger picture, pump and dump, BTC is done. This is not how you attract masses, if you want to attract masses to sponsor your pyramid scheme, you gonna need to solve a problem for the masses, not for drug cartels.

I detect a little underlying butthurt. Cheesy

Alley

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YipYip

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Fool then School Cheesy

Elwar

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Viva Ut Vivas

Shake and bake!

Topic: Pump and dump. - page 2. (Read 3198 times)