Author

Topic: scam pump groups (Read 838 times)

sr. member
Activity: 658
Merit: 251
VIMee - Social Network
July 16, 2017, 05:48:43 AM
#14
I think many people don't have much hope on this pump and dump groups because many people who are involving in this pump group are ending them buy buying at a higher price. After that again pump group will not touch the coin again, so many people are loosing their money.
sr. member
Activity: 1932
Merit: 300
July 16, 2017, 05:34:34 AM
#13
Small investors can never actually create a Pump. It's always the megaholders and the exchange operators (it's never possible without them) that buy and sell their own coin to manipulate the price and led small investors to buy.
sr. member
Activity: 672
Merit: 261
July 14, 2017, 09:22:59 AM
#12
the name pump is a mistake than lol  Grin
legendary
Activity: 3346
Merit: 1128
July 07, 2017, 01:57:43 PM
#11
I never participated in any such pump group but yes, when I started trading a few years ago, I have invested my capital based on the opinion of others and since I was an outsider for the group, there was absolutely no way to find out what's going on. I lost my 100% capital sometimes and thus decided, never to invest based on the opinions of others. I am not sure if this is a moral technique or not but I would keep myself away from it.
I agree. These pumping scam groups are all fraud and are more like gambling. We all know that everyone is doing trading just to gain great profit then how some groups can easily let you have good profit. So it’s always safe to stay away from such fraudulent.

Moreover certain forums are full of wrong advice, even the old investors often mislead new ones to have less competent. I personally know few victims of wrong advice. The best way of doing trading is to avoid short cuts, stay patient and simple.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
July 05, 2017, 02:37:11 PM
#10
The pump and dumb people have sugar coated tongue, better listen to advice here and be be careful.  I'd rather not take such stupid risk unless I see REAL proof.
By the way, Pump and Dump is pure robbery, it should be discouraged.
hero member
Activity: 1190
Merit: 534
July 05, 2017, 04:15:51 AM
#9
I never participated in any such pump group but yes, when I started trading a few years ago, I have invested my capital based on the opinion of others and since I was an outsider for the group, there was absolutely no way to find out what's going on. I lost my 100% capital sometimes and thus decided, never to invest based on the opinions of others. I am not sure if this is a moral technique or not but I would keep myself away from it.
full member
Activity: 140
Merit: 100
July 05, 2017, 03:10:01 AM
#8
Well most of those groups are scam groups, however, I think that there are few where you can make some % but you have to be really fast. I have tried it and managed to succeed and earned about 10% but still I think that it is gambling more than something else. Probably if you can make bot to place orders with one click, then you might get more profit. But all in all I do not recommend anyone to join these groups.
sr. member
Activity: 602
Merit: 259
July 05, 2017, 02:57:05 AM
#7
I never trust these pumpers and all. Better do a peaceful mining by all your self. You know what greed is the bad emotion that can lead you to trust such pump groups. You always think they will work along with us and get you bug profits. But these devil groups get the help of people like us who are well victims in general and make the market grow big and without the notice they will get themselves huge profits by loosing all their alt coins. Making you think what just happened?
member
Activity: 108
Merit: 10
July 04, 2017, 08:22:49 PM
#6
If they call themselves a pump group, that might be your first clue. I'd stick to research, trading and investing groups.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
July 04, 2017, 06:40:37 PM
#5
Anyone would be interested in pumper groups, including me. When many people struggle to collect the benefits I sit sweetly waiting for the pumper to work. This is very sweet.
The reality is, is it really this easy?
Do not believe it before you try. !!
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
July 04, 2017, 04:42:42 AM
#4
It is common now there are many trading like pumping and dumping and not only to leave you when its on peak price there are sone who collects money to be added in a secret pump groups where in the long tern they would leave and scam later on if thy get the amount of money they wanted .I'm in many groups of like you send and i don't follow them i am just watching first and observing what is their real motive of doing that .Why i joined because there are some part that they share some knowledge free and i don't care all about what they pump or dump.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 04, 2017, 04:28:12 AM
#3
It all started with being victims of scam pump groups.

We all got burned from scam pump groups.
Many of our experienced members were looking for fair and transparent pumps so we decided to start our own system, a community driven experience for everyone without back agreements.

Because normally there is a huge admin pre buy and you are always the dumping ground.

Never trust a group with admins and bot choosing the coin. Bots can be manipulated, it is programmed by humans. Unless the coin is pick or voted in community participation it will never be fair.

So some of us traders, started this new scam-proof concept which will be available to everyone and driven by a community voting of elite members. We vote on coins to pump so even admins and moderators have no chance of prebuy.

If you want to be part of our reality check out our website : whalespump.com and join our slack.


Read more about us at http://www.whalespump.com

Best Regards,
-whalespump

I think that each of us must be alert to fraudulent websites, they always offer great incentives for everyone. HYIP and PONZI are the most common forms of fraud, and to my knowledge, there are so many people who are involved in those websites, and they always believe it is a good way to make money.
hero member
Activity: 490
Merit: 501
July 04, 2017, 03:29:44 AM
#2
I got burned with my first participation in a pumping group...and it is true I became a part of the dumping ground because those who are leading the pumping have already their coin all ready and just within seconds the value quickly go down. I promised myself never to be a part of this shenanigan again.

Now, I understand that what you are offering has a two options of membership level and both are paid not free. maybe it can help if you also have a free membership option and have people see the action first before they can commit to open up their Bitcoin wallet.

Anyway, good luck to your group and I am hoping that it is really doing the way it promoted it would do.
sr. member
Activity: 672
Merit: 261
July 03, 2017, 11:03:41 PM
#1
It all started with being victims of scam pump groups.

We all got burned from scam pump groups.
Many of our experienced members were looking for fair and transparent pumps so we decided to start our own system, a community driven experience for everyone without back agreements.

Because normally there is a huge admin pre buy and you are always the dumping ground.

Never trust a group with admins and bot choosing the coin. Bots can be manipulated, it is programmed by humans. Unless the coin is pick or voted in community participation it will never be fair.

So some of us traders, started this new scam-proof concept which will be available to everyone and driven by a community voting of elite members. We vote on coins to pump so even admins and moderators have no chance of prebuy.

If you want to be part of our reality check out our website : whalespump.com and join our slack.


Read more about us at http://www.whalespump.com

Best Regards,
-whalespump
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