Someone pumped the price of BTC Today: approx 250 USD

Golftech

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Quote from: liamnorthcoins on June 01, 2018, 10:18:14 PM

Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

The dumping and false price increase created by this vultures are sickening. I hope these people's greed will get to them and give them what they deserve. No matter how rich they become and how depressing these situation temhey created for the honest and hardworking investors KARMA will get to them soon. And when it does it will be hard because when it rains it pour! They just deserve it.

There's no such things that will happen, its just a wise moves coming from a players that understand the whole thing inside this investment, that said increase is just a little amount that will make more incoming days or months, bitcoin investors are just accumulating and then will make a huge pumped
when things will be in according to their assessment, its just a normal scenario inside here better to learn from it.

nc50lc

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Self-proclaimed Genius

Quote from: JeffreyKen on June 01, 2018, 01:46:05 PM

Bitcoin community should consider this as a major issue.

Oh my god, we should panic!

The price just got pumped up by 3%! expect it to drop by 5% after the dump.
This is one hell of a price manipulation by the Whales, there's no way that this is normal. [/sarcasm]

After the first few replies, I can't seem to understand why someone still take the time to type with that kind of reply, you just simply whispered out "Nuke my posts please".

By the way, I didn't see where OP stated the $2b approximate for the lame "pump report".
-edit-
Saw it:

Quote from: jamesashmore1964 on May 29, 2018, 10:37:20 AM

I was wrong about the 20 Billion and deleted it!

liamnorthcoins

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

The dumping and false price increase created by this vultures are sickening. I hope these people's greed will get to them and give them what they deserve. No matter how rich they become and how depressing these situation temhey created for the honest and hardworking investors KARMA will get to them soon. And when it does it will be hard because when it rains it pour! They just deserve it.

dothebeats

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Cashback 15%

If this is 2014-2015, that could very well be a pump, but ~$250 price jump for a day is just normal. Currently, we are seeing ~4-10% price change per day which is already considered too volatile for stocks bt just another normal day for bitcoin and cryptos. Price manipulation often happens in this uncharted market, so don't be too surprised if such things happen again by tomorrow or even the next few hours.

Doell

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not a pump guys and it's only a fraction at $250 nothing and it's just a Demand from every trade ,if there's a pumping it should be big and it takes a lot of funds in the market a bunch will definitely do pumping in the market but it's hard to pump if only one person

JeffreyKen

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Bitcoin community should consider this as a major issue.

crypt0universe

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

Hey! It's not pumping, it's high volatility, which is normal for Bitcoin. The reason for the growth in this case could be the news that the South Korean government plans to legalize the ICO.

adzino

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

The price is up by only 3.2%. I wouldn't call that a pump. Just a normal thing that we see everyday. Wait till the price goes up like 15-25% within short period of time. Then we can say that a pump might have happened. I do agree with your second statement though. They started to dump the coins as soon as they realized that the wall could not be broken anytime soon.

MangoPolo

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If you overcome procrastination you get it all.

Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

When Soros got involved, ETH fell dow to a price of 0.1$ for a couple of minutes fron a few hundreds. How can you compare a 250$ rise of BTC which costs 7k? It is floating daily between few hundreds. Isn't it? This is not the case to pay attention to something.

Colt22

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Quote from: batang_bitcoin on May 29, 2018, 01:32:12 PM

This guy has been creating a lot of thread about the falling and now that bitcoin has been trying to recover it's not a surprise.

I saw before the crypto market cap was around $306B and now it was $329B so whoever bought a lot of bitcoin did helped to move the price.

I am also seeing on the forum that there are a number of people trying to spread the fud in bitcoin community. I think they are some people who are against bitcoin. I do not think that who will like to do that but whomever will try it. They have to think that it is a very stronger currency and they cannot give harm to it.

Bitcoin will increase in value and that coin will be the global currency of the world economy You people need to accept that and the price increase is showing the strength of bitcoin.

Superzpay

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

I do not think that it is just a pump by a particular number of people but it is the fluctuations in the price of bitcoin and it happens all the time in bitcoin. The price will go up and down. yesterday it was at bottom and now the price of bitcoin started to rise and it will now rise to more higher.

That situation is often favored by the traders because in that situation they earn a high amount of money as in this situation anyone know that when will the price go up and when will it go down. The rise and decline are much obvious in the market in that situation.

Other point is that it is expected that now the price will rise for a longest time because now the June is coming and now it will get a new ATH price.

batang_bitcoin

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This guy has been creating a lot of thread about the falling and now that bitcoin has been trying to recover it's not a surprise.

I saw before the crypto market cap was around $306B and now it was $329B so whoever bought a lot of bitcoin did helped to move the price.

jamesashmore1964

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I was wrong about the 20 Billion and deleted it!

gbale

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I think that's a merchant strategy.
they have a lot of capital so it can affect the value of the currency with a click.

franky1

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Quote from: Tytanowy Janusz on May 29, 2018, 10:17:09 AM

it looks like you enter cryptomarket yesterday from stock market

Correct me if im wrong please

i thought the same about the OP when i first read his post.
typical trend anals trying to sound good and create buzz about something thy have yet to understand.
(i call them trend anals because they are not looking at technical data, just trends.. and they are anals.. not analysts)

Quote from: Tytanowy Janusz on May 29, 2018, 10:17:09 AM

20 bilion. Nice. Where did you hear that? Just use math mate. Todays total bitcoin volume is 5 bil. How the hell did someone pump 20 bil to make this pump if only 5 bil was traded in last 24h. Whole market volume is 18 bil today (all 1600 coins). I think that 6 000 btc is more than enought. 44 mil in current price.

i too laughed at the OP's numbers too.. against typical trend anal frsh off the stock market boat
anyway, it doesnt even need that many coins.
its called arbitraging.

imagine having 10 coins. convert them to an alt like litecoin. sell litecoin for dollar. use dollar to buy bitcoin
repeat this process again. convert them to an alt like litecoin. sell litecoin for dollar. use dollar to buy bitcoin (val=20btc)
repeat this process again. convert them to an alt like litecoin. sell litecoin for dollar. use dollar to buy bitcoin (val=30btc)
repeat this process again. convert them to an alt like litecoin. sell litecoin for dollar. use dollar to buy bitcoin (val=40btc)
and so on

you can create alot of 'volume' without having to have that amount of volume as actual coin total.

Ucy

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Compare rates on different exchanges & swap.

Quote from: jamesashmore1964 on May 29, 2018, 09:28:58 AM

This is the reason why institutional investors will not get involved and this market is destined to failure until it is cleaned up.

There is no such thing as "big investors" in Cryptocurrency. Bitcoin is meant to be decentralized not centralized by the "Big people". We should learn something from the centralization by the big miners and how much of crypto has been lost to it few days ago.

I guess we should be discussing how to get the World's billions into Crypto to make the network decentralized.

Tytanowy Janusz

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
I have heard it would require 20 Billion to do a pump like this.
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

it looks like you enter cryptomarket yesterday from stock market

Correct me if im wrong please

20 bilion. Nice. Where did you hear that? Just use math mate. Todays total bitcoin volume is 5 bil. How the hell did someone pump 20 bil to make this pump if only 5 bil was traded in last 24h. Whole market volume is 18 bil today (all 1600 coins). I think that 6 000 btc is more than enought. 44 mil in current price.

Quote from: jamesashmore1964 on May 29, 2018, 09:28:58 AM

This is the reason why institutional investors will not get involved and this market is destined to failure until it is cleaned up.

When they come they will set huge walls. Pomp like this will crash into it. Stabilisation will come with them. Thats the correct order. Not they will come when stabilisation will come first.

jamesashmore1964

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Quote from: Daniel91 on May 29, 2018, 09:40:44 AM

Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
I have heard it would require 20 Billion to do a pump like this.
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

I don't agree with you.
$250 is not so big change in the btc price and wse still can't say that trend changed.
Bitcoin struggle already half year to pass $9 000 and $ 10 000 limit.
We can talk now more about stagnation, not pump.
Soros and bitcoin?
I don't think that he is interested in bitcoin.
He invest in the stock markets.

Check the charts: it was a pump that took place in a short time period: These pumps are why big investors don’t want to get involved: Growth is not organic.

BrewMaster

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There is trouble abrewing

don't look at the numbers, look at the percentages!

when price is $7100 and it goes up $250 (according to you) that means a (250/7100)*100 = 3.52%
in other words you are getting overly excited for the tiniest rise possible! which in bitcoin world is considered normal daily fluctuations. in fact anything below 10% is like that.

Daniel91

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Quote from: jamesashmore1964 on May 29, 2018, 09:26:21 AM

This pump took the ALTS into the green!
I have heard it would require 20 Billion to do a pump like this.
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

I don't agree with you.
$250 is not so big change in the btc price and wse still can't say that trend changed.
Bitcoin struggle already half year to pass $9 000 and $ 10 000 limit.
We can talk now more about stagnation, not pump.
Soros and bitcoin?
I don't think that he is interested in bitcoin.
He invest in the stock markets.

khelan

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Pumping value require very high volume to rise the price of coin. Incase of Bitcoin is too much as the price of Bitcoin is very high.

franky1

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1. price moving up by ~$250 s not a pump... calm the hell down
2. saying it cost 20 billion to achieve, is nonsense. calm the hell down
3. expect prices to move 10% up OR dawn a day.. expect it as the norm, not something that needs reportiing/hypingsevreal times a day. calm the hell down

and lastly
calm the hell down

jamesashmore1964

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This is the reason why institutional investors will not get involved and this market is destined to failure until it is cleaned up.

jamesashmore1964

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Activity: 336

Merit: 3

This pump took the ALTS into the green!
They did it when the RSI hit 30 and created a perfect storm to support the market to go up!
I believe these guys are banking on the market going up and then they will SELL pulling the rug from under our feet.
I believe these are the same guys that started the momentum to the 10,000 USD and then realized it couldn’t be broken and then started to dump causing BTC to go down to 7K. These guys are up to the same game again!
I smell Soros: This is his style!

Topic: Someone pumped the price of BTC Today: approx 250 USD (Read 279 times)