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Topic: Pump coin (Read 2894 times)

hero member
Activity: 2562
Merit: 577
January 31, 2015, 09:07:00 PM
#34
So thanks to whoever took the chance. Trading really grew last couple of weeks and in the last couple of days a group of 3 new forum members announced themselves! To conclude my summary of this week, we had a special meeting today in Breda. Here we decided we will add Inge to our team, she will be the spokesperson for the ordinary man and as a woman she will represent an important part of our ever growing community.

EDIT: Next time make it hit those big ones and you won't know what's up Wink
hero member
Activity: 2562
Merit: 577
January 26, 2015, 01:37:44 AM
#33
legendary
Activity: 3444
Merit: 10558
January 24, 2015, 10:08:37 AM
#32
its true that it is no different than many of altcoins out there. they two are just getting pump and dumped at least pump coin will be honest Cheesy

the downside is the you will be SURE that some one needs to get screwed over in this process
sr. member
Activity: 252
Merit: 250
January 24, 2015, 05:38:19 AM
#31
but im not much into alt coins that can be pumped then dumped and a coin for pump its really a coin named pump well theres soo many coins if theres market ok i might give ait a shoot on mining scrypt but no big deal
member
Activity: 94
Merit: 10
January 23, 2015, 07:00:28 PM
#30
Let them do what they like. It is to the Alt-coin community to be creative and pursue their goal. It is the market that will decide, not Darwin, not manipulation or speculation.
legendary
Activity: 2730
Merit: 1288
January 23, 2015, 06:49:30 PM
#29
...how is that any different from any other altcoin??

Zero innovation. Makes me sick. Here's my money.

I agree, pump coin have no innovation, there are many already out there Smiley
full member
Activity: 182
Merit: 100
January 23, 2015, 06:42:41 PM
#28
I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?
Terrible idea. Firstly its subject to too much manipulation and its flawed in many ways.
hero member
Activity: 854
Merit: 1001
January 23, 2015, 05:42:53 PM
#27
The problem is: someone is gonna get f***ed over.
They always do, in any pump and dump scheme.
The slow, badly informed and innocent end up holding the bag, while the early adopters/pumpers/scammers walk away with all of the cash.

You can try to justify it anyway you like, even try to claim that it will be some kind of Darwinist filter that will make crypto stronger, but it's still nothing more than stealing from the weak and gullible. I think we have enough of that already, tbh.

On a slight tangent: if all the energy that goes into figuring out and setting up crypto scams was actually put into legit (or at least semi-legit) business, I wonder how far that would move crypto forward.....

Edited for typo....
legendary
Activity: 1946
Merit: 1137
January 23, 2015, 02:01:46 PM
#26
~~~ Only purpose of this coin is to get pumped and dumped.
~~
Create this coin and ~~

People buy this coin ~~

Once a ~~~ everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.
~~~
i removed some parts and by comparing this to most of altcoins, i'd say it is exactly the same as most (if not all) of them

only difference is that only few people know it is getting pumped and dimped
hero member
Activity: 2562
Merit: 577
January 23, 2015, 11:02:16 AM
#25
hero member
Activity: 1540
Merit: 500
January 08, 2015, 09:00:09 AM
#24
Then the ICO money runs out, half the coins are bought, and you disappear with 'fair compensation for your time'

We've seen this before. Just fuck off with this ICO shit already

it'll be divided between few members and voting will  be in placed before it's touched.

Go away and take this bullshit with you Roll Eyes

Cryptsy

that's bigger bullshit than this idea. At least mine is not implemented  Roll Eyes
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
January 08, 2015, 07:32:53 AM
#23
Then the ICO money runs out, half the coins are bought, and you disappear with 'fair compensation for your time'

We've seen this before. Just fuck off with this ICO shit already

it'll be divided between few members and voting will  be in placed before it's touched.

Go away and take this bullshit with you Roll Eyes
hero member
Activity: 1540
Merit: 500
January 08, 2015, 06:25:50 AM
#22
Then the ICO money runs out, half the coins are bought, and you disappear with 'fair compensation for your time'

We've seen this before. Just fuck off with this ICO shit already

it'll be divided between few members and voting will  be in placed before it's touched.
legendary
Activity: 1168
Merit: 1049
January 08, 2015, 03:29:05 AM
#21
I like ,give it a try!
member
Activity: 101
Merit: 10
January 07, 2015, 08:05:06 PM
#20
Fontas would have pumped anything, even this. "Transparent solution"? Near impossible with crypto.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
January 07, 2015, 05:58:29 PM
#19
Then the ICO money runs out, half the coins are bought, and you disappear with 'fair compensation for your time'

We've seen this before. Just fuck off with this ICO shit already
sr. member
Activity: 366
Merit: 260
January 07, 2015, 05:08:32 PM
#18
I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

You are a fucking virus to cryptos. This is absolutely counter productive to expanding user adoption, and only serves to rob new users and turn them off from cryptocurrencies entirely.

Fuck You.

Not at all.

Anyone who buys this without doing proper research would lose money and in fact they DESERVE to lose money if they can't even spare 5 minutes to research a coin before investing their money in it. Who wants them? nobody.

Do you really want those kind of people in crypto? The ones who jump on every single pump that's going around and then they dump because of FUD and panic? These people are worst nightmare of crypto. They can't see further than day trading and they screw every good coin that's out there for there penny profit. They fck everything up. Don't you want to see a day in crypto where people aren't affected by FUD and every hand is a strong hand?

It's not counter productive at all for few reasons:

1.) We'll only p&d this coin. It'll be hardcoded in the thread in bold [DO NOT INVEST IN THIS COIN AFTER ICO. IT'LL GET PUMPED & DUMPED]. That's fair warning. Don't you think?

2.) It'll help crypto get rid off all weak hands. They'll lose money and then they'll leave crypto alone OR they'll become smarter and research before putting money in crypto so they'll become strong hands.



Fucking stupid people over doesn't help us get new long term users. Focus on average users putting 5-10 dollars in every month on something they deem useful, and we'll actually go somewhere.
legendary
Activity: 924
Merit: 1000
January 07, 2015, 04:04:14 PM
#17
Wouldn't work. Anyone smart as a rock would dump into the 2x buywall.

Yes and that's when ICO money would come in and buy it off him to make sure floor doesn't get lowered. That's the whole point of ICO money. It's there as back up just in case someone try to backstab.

Yes, but the ICO money would only cover 50% of the total supply at 2x the price. Once half the holdings get sold into the buywall, you have 50% of the alt and the ICO money is gone.

Did you already anticipate this possibility? Do you want it to occur? (Yes, I'm asking seriously.) Is this an experiment of the prisoner's-dilemma kind?
full member
Activity: 182
Merit: 100
January 07, 2015, 02:35:09 PM
#16
I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

It just sounds more of a gamble, and I doubt people would be willing to take part in it.
Its better to just risk your coins in poker or just gamble it.
hero member
Activity: 1540
Merit: 500
January 07, 2015, 01:20:21 PM
#15
There has already been one pump coin but it never got anywhere.

https://bitcointalk.org/index.php?topic=582317.20

that's retarded. It could never work the way it was set it up. Who was going to pump the price with his BTC? No one is going to take that risk.

What I'm offering is something that has never been done in crypto and it has 100% success rate.

100% would be premined and handed to people who invest during ICO
ICO money is collected before hand to make sure that it doesn't get fcked up. Money will be used to create solid floor beforehand at 2x price. That floor will be there to stay for limited time. (6 months)
Only people who would know about "inside info" will be the ones who bought during ICO
There will be IRC invitation to members ONLY
If you buy this coin after ICO you're on your own (It'll be hard coded in the thread) so people can't get upset afterwards.
Most importantly people who don't research before investing will lose money and trust me we want them OUT of crypto land. They're bad for every single coin out there. Weak hands as you may call them.





Wouldn't work. Anyone smart as a rock would dump into the 2x buywall.

Yes and that's when ICO money would come in and buy it off him to make sure floor doesn't get lowered. That's the whole point of ICO money. It's there as back up just in case someone try to backstab.
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