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Topic: Pump Group (Read 2211 times)

hero member
Activity: 1246
Merit: 529
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June 02, 2017, 05:40:22 AM
#30
Well i can say i've benefitted a little from some of these pump groups though i'm still not sure about how it works. I know its a whole lot dangerous though i sometimes follow suit with a grain of salt hoping for a good result and so far, as per experience, i'm earning. I'm still weary of it though since its a bit too good to be true for these people to be doing this just to help others
sr. member
Activity: 294
Merit: 250
http://bitcoin-engrave.com
May 30, 2017, 03:02:06 PM
#29
There is a fair pump group using dogecoin hashes for choosing the pumped coin on Telegram. I haven´t checked the group entirely, so i can just repeat what they told me. Always watch out for scammy pump groups!

There is a pump everyday at the same time and i can post a link of the group if wanted.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
May 30, 2017, 02:56:01 PM
#28
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
I agree.

If there are legitimate pump groups, they're a few whales who are used to manipulating the price and are heavily experienced.  It's very unlikely that these groups would actually publicly announce their shady activities, so I would assume that any pump and dump website offering a group for newbies is a scam.

It would be so easy for them to just a buy a coin, then point and watch the newbies panic buy while they can safely sell out of it.
legendary
Activity: 1554
Merit: 1054
May 30, 2017, 01:43:10 PM
#27
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
This is not surprising anymore because its really just a commonsense thing that they would really do that set-up. They do announce that they will pump a coin but behind it they are bag holders of it. You might be lucky on joining the pump but if you are careless enough then you might be holding lots of those coins after you left behind on the pump scheme.
Yes, it is obvious that we cannot expect anyone to help us financially as everybody in this world will work on their own benefits. In my view pump group of people are just targeting another similar group of people. It is a war and who is moving fast might win and the rest may get trapped eventually. I really hate such activities and the people who are into such activities.

Because those people want some extra support from external people that is the reason they advertising themselves. They will exploit those external people's money intentionally this is the way a pump group will work in most of the cases.
hero member
Activity: 1190
Merit: 534
May 30, 2017, 01:33:55 PM
#26
Sorry, but to be honest, I don't think that such pump activity is a good thing for the growth of the coin. Not because I lost my capital at my early stage of trading but it doesn't work in a moral and sustainable way. I have experienced that organic growth gives much better returns as compared to that of artificial growth so I would not recommend such artificial activity.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
May 30, 2017, 12:39:56 PM
#25
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 

These groups are the reason people are not showing interests in new coins these days. Thinking about having a profit for yourself by stealing other's money with these pumping groups is just as ridiculous as robbing a bank. Stay away from these pumping and dumping group, otherwise you will loose your investment sooner or later.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
May 30, 2017, 11:22:45 AM
#24
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
This is not surprising anymore because its really just a commonsense thing that they would really do that set-up. They do announce that they will pump a coin but behind it they are bag holders of it. You might be lucky on joining the pump but if you are careless enough then you might be holding lots of those coins after you left behind on the pump scheme.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
May 30, 2017, 11:02:28 AM
#23
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  Wink

Those newbie are mostly the victims here. This is far more risky than trading by yourself. Please avoid these pump scams and do your own analysis and research on coins.
Right, It's like a gamble ...
A good move to avoid it, many say that altcoin trade is a gamble. Only slight trade differences use analysis while gambling is luck.
And pump group just luck.
sr. member
Activity: 364
Merit: 250
May 29, 2017, 09:07:01 PM
#22
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  Wink

Those newbie are mostly the victims here. This is far more risky than trading by yourself. Please avoid these pump scams and do your own analysis and research on coins.
hero member
Activity: 490
Merit: 501
May 29, 2017, 09:02:07 PM
#21
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
That's correct. Rarely a public pump group works in the long-term. Mainly because the manager of the group which usually is the guy who starts the pumps, probably has already bought amounts of the selected currency and will always try to profit from the new users and beginners mistakes. I can speak of this from my own experience because I was already part of a group like this, and it never worked well. The best way to organize an artificial pump is with a private group of whales that own a large amount of BTC, and are willing to allow the whole group to profit, controlling their greed to avoid disasters.

Thanks you for such a good warning. Lately, I have seen some posts along this line and for newbies (just like me) this can be very attractive as it means power to manipulate and make some money. Deep in my mind, I know that this must just another too-good-to-be-true kind of scheme and you just confirmed it. Anyway, good luck to the believers and please share your experiences later so we can learn something out of it whether good or bad.
sr. member
Activity: 645
Merit: 250
May 29, 2017, 06:05:02 PM
#20
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
full member
Activity: 362
Merit: 100
Newbie in online currency , love learning
May 29, 2017, 10:24:05 AM
#19
Pump group isnt illegal. Some people dont like it from bad experience.
My brother fell victim to the pump group, I agree. This is a game of someone who harnesses the frustrated people. Do not believe.

Pump group? is a shame.
dont go in.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
May 29, 2017, 10:19:26 AM
#18
Pump group isnt illegal. Some people dont like it from bad experience.
My brother fell victim to the pump group, I agree. This is a game of someone who harnesses the frustrated people. Do not believe.
hero member
Activity: 826
Merit: 500
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May 29, 2017, 03:55:18 AM
#17
Just to add to the last post which is spot on: you do know this is completely illegal right? So why not just go steal some money from a convenience store? It'll probably be easier than this and pay off more. (I'm not saying you should. I'm just saying they're both crimes so why bother going though this trouble to commit a crime that you probably won't even be either from?)

Oh really?
Didn't know this was illegal.

Though when you see the number of pump and dump groups there is no doubt they actually make money. I mean otherwise there wouldn't be so many groups!
However I don't think it's a good idea to listen to those groups...
THe only good point though is that they pump coins that you may have been holding for long. I welcome everything that will take those bags from me I'm holding for far too long xD
sr. member
Activity: 910
Merit: 251
May 29, 2017, 03:43:40 AM
#16
I do agreed that on this kind of a group, they also give a little information about the value so I don't see any wrong with
it, in fact I can considered it as legal anyway.
newbie
Activity: 22
Merit: 0
May 28, 2017, 11:25:07 PM
#15
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.


You would be right...But this is not a market governed by SEC. So it is quite legal Smiley

Not to mention, Cryptocurrency is not regulated by any government. It is a decentralized market. this type of thing is completely legal here. Normal laws that apply to stock markets do not apply to cryptocurrency markets.
newbie
Activity: 10
Merit: 0
May 28, 2017, 01:05:06 PM
#14
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.


You would be right...But this is not a market governed by SEC. So it is quite legal Smiley
hero member
Activity: 700
Merit: 500
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May 28, 2017, 11:40:45 AM
#13
We will be choosing coin to pump by proof of fair coin selection.
Don't say you will choose doge block to determine coin to pump. I have very bad experience with http://fairpumps.net/ before which also have same system and I hope you will be quite better than them.

Many normal traders who do manual trading will get squeezed between automatic bots when pump starts and pump ends within 30 second WTF  Shocked
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 28, 2017, 11:16:11 AM
#12
I once belong to a private P&D group, and our strategy is we create our own kick-ass roadmap, get our developer in touch with the community and present some "angel" investors to the coin. Most of the time, it is a success, and to be frank I'm one of the first sellers when I know it's on its peak. I left the group and never went online since after gaining some profits off of them tards. It won't work since people won't buy in UNLESS you create a new promising coin.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
May 28, 2017, 09:45:34 AM
#11
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.
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