Topic: The pumping of "Forgotten coins"! - page 2. (Read 1649 times)
They are FOMO fishers looking for greedy sardines
No need to get worried. This is just attempt to fill pockets by looting others by some groups, associations or exchanges themselves.
Suppose group of 10 people bought particular dead coin cheaper in huge amount. Then started buying own coins at higher prices. When prices get higher, they will sell off coins and leave market leading to dump.
I never suggest anyone to blindly go for such coins. Only invest in established coins.
Totally right they are just attracting some newbie on trading or someone out there to be their victim and invest in their desired dead coin to pump,Suppose group of 10 people bought particular dead coin cheaper in huge amount. Then started buying own coins at higher prices. When prices get higher, they will sell off coins and leave market leading to dump.
I never suggest anyone to blindly go for such coins. Only invest in established coins.
And wait till their victim invest cause its getting pump then they will dump it again.
No need to get worried. This is just attempt to fill pockets by looting others by some groups, associations or exchanges themselves.
Suppose group of 10 people bought particular dead coin cheaper in huge amount. Then started buying own coins at higher prices. When prices get higher, they will sell off coins and leave market leading to dump.
I never suggest anyone to blindly go for such coins. Only invest in established coins.
Suppose group of 10 people bought particular dead coin cheaper in huge amount. Then started buying own coins at higher prices. When prices get higher, they will sell off coins and leave market leading to dump.
I never suggest anyone to blindly go for such coins. Only invest in established coins.
Pumping dead coins is not a bigger scam than ICOs. A lot of projects were not sustainable mining wise in last years bear market.
There is an active pump group that is using yobit and 4chan to scam people.
They will buy 1 SAT coins, then shill the hell out of them on /biz/. its easy money for them and the pumps don't last that long. a few days and then they pump some other crap.
They will buy 1 SAT coins, then shill the hell out of them on /biz/. its easy money for them and the pumps don't last that long. a few days and then they pump some other crap.
what do you think is happening in the market, to be honest i no longer have any idea 
i can understand big coins (the top 10 or whatever) getting pumped.
i can understand small coins (the rest to 100 something) getting pumped.
but what i can't understand is why and how the hell are they pumping the dead/forgotten coins! and the volume is HUGE by the way...
if you look around at coins that have been dead, abandoned, and with prices that were ridiculously low like 1 satoshi, ... these coins are getting pumped these days!
the latest is Pandacoin (PND) it doesn't seem to be as big as others such as MOON and HTML5 but it is 400% rise so far!!!
i can understand big coins (the top 10 or whatever) getting pumped.
i can understand small coins (the rest to 100 something) getting pumped.
but what i can't understand is why and how the hell are they pumping the dead/forgotten coins! and the volume is HUGE by the way...
if you look around at coins that have been dead, abandoned, and with prices that were ridiculously low like 1 satoshi, ... these coins are getting pumped these days!
the latest is Pandacoin (PND) it doesn't seem to be as big as others such as MOON and HTML5 but it is 400% rise so far!!!
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