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Topic: Was Bitcoin actually just a Pump and Dump? - page 18. (Read 45023 times)

sr. member
Activity: 574
Merit: 250
I dont think BTC is just a pump and dump coin. As you might have already known, pumping btc isn't all that easy anymore... the real whales are rare. pumpers only start their pump, if they expect, that followers will buy back their pumped coins, that what's mostly gonna happen

Pumping btc seems to be an impossible task now. It is just dump and dump.

Why did this make me laugh so much Cheesy

haha
legendary
Activity: 1260
Merit: 1116
I dont think BTC is just a pump and dump coin. As you might have already known, pumping btc isn't all that easy anymore... the real whales are rare. pumpers only start their pump, if they expect, that followers will buy back their pumped coins, that what's mostly gonna happen

Pumping btc seems to be an impossible task now. It is just dump and dump.

Why did this make me laugh so much Cheesy
legendary
Activity: 1582
Merit: 1064
I dont think BTC is just a pump and dump coin. As you might have already known, pumping btc isn't all that easy anymore... the real whales are rare. pumpers only start their pump, if they expect, that followers will buy back their pumped coins, that what's mostly gonna happen

Pumping btc seems to be an impossible task now. It is just dump and dump.
full member
Activity: 182
Merit: 100
BTC just like another cryptos is just a pump and dump, but as btc takes on the role of galactic credits, pumps and dumps will increasingly become impossible
full member
Activity: 183
Merit: 100
No one really knows, more to a plain pump-n-dump than rigid financial ideology. This simple answer should be correct:

I don't have any doubt that this was all just big pump and dump, but my theory is, even the BTC creators didn't realize that Bitcoin would go this far.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
until all the majority of bitcoin are in the hands of a few early adopter yes, we need distribution

What kind of distribution do you have in mind?
sr. member
Activity: 364
Merit: 256
I dont think BTC is just a pump and dump coin. As you might have already known, pumping btc isn't all that easy anymore... the real whales are rare. pumpers only start their pump, if they expect, that followers will buy back their pumped coins, that what's mostly gonna happen
legendary
Activity: 3248
Merit: 1070
until all the majority of bitcoin are in the hands of a few early adopter yes, we need distribution
legendary
Activity: 1260
Merit: 1116
When I was a child I caught a fever. My hands swelled up like two balloons. Now I've got that feeling once again...  Embarrassed
sr. member
Activity: 574
Merit: 250
^Yep.  Same could be said for BTCeanie BTCabies.  Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen Undecided

If Bitcoin is used as a sizeable store of value and mean of exchange, it's market cap should go over 100 Billions of Dollars so the price should go to 10,000$ and more

Since you can't buy drugs anymore with bitcoins this is unlikely to happen.
hero member
Activity: 1022
Merit: 500
December 25, 2014, 11:42:25 AM
^Yep.  Same could be said for BTCeanie BTCabies.  Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen Undecided

If Bitcoin is BTCeanie BTCabies are used as a sizeable store of value and mean of exchange...

FTFY.  My point stands.

I don't know Beanie Babies so I can't comment.
Bitcoin is innovative and useful and it is used a lot, it could become 10x more used
sr. member
Activity: 378
Merit: 254
December 25, 2014, 10:21:01 AM
^Yep.  Same could be said for BTCeanie BTCabies.  Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen Undecided

If Bitcoin is BTCeanie BTCabies are used as a sizeable store of value and mean of exchange...

FTFY.  My point stands.
hero member
Activity: 1022
Merit: 500
December 25, 2014, 10:09:49 AM
^Yep.  Same could be said for BTCeanie BTCabies.  Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen Undecided

If Bitcoin is used as a sizeable store of value and mean of exchange, it's market cap should go over 100 Billions of Dollars so the price should go to 10,000$ and more
sr. member
Activity: 378
Merit: 254
December 25, 2014, 09:46:55 AM
^Yep.  Same could be said for BTCeanie BTCabies.  Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen Undecided
hero member
Activity: 1022
Merit: 500
December 25, 2014, 09:36:54 AM
Satoshi gave an idea and now it's up to altcoins to take that idea and make it better..that's exactly what's happening in crypto.

Altcoins making it better?
Then why does Bitcoin still account for 90+% of total crypto market cap?

A bit of an odd question, why does fiat still account for 99.9+% of world trade?

Fiat is better than barter. If Bitcoin account for 1% of world trade the price will be to the moon!
sr. member
Activity: 378
Merit: 254
December 25, 2014, 09:14:47 AM
Satoshi gave an idea and now it's up to altcoins to take that idea and make it better..that's exactly what's happening in crypto.

Altcoins making it better?
Then why does Bitcoin still account for 90+% of total crypto market cap?

A bit of an odd question, why does fiat still account for 99.9+% of world trade?
hero member
Activity: 1022
Merit: 500
December 25, 2014, 08:45:22 AM
Bitcoin worth if its price will increase upto $1000 and we can make profit from it.

It could increase to 40,000$ within 5 years
legendary
Activity: 1582
Merit: 1064
December 24, 2014, 12:26:56 AM
Satoshi gave an idea and now it's up to altcoins to take that idea and make it better..that's exactly what's happening in crypto.

Altcoins making it better?
Then why does Bitcoin still account for 90+% of total crypto market cap?
hero member
Activity: 1540
Merit: 500
December 23, 2014, 07:55:36 AM
Satoshi gave an idea and now it's up to altcoins to take that idea and make it better..that's exactly what's happening in crypto.

legendary
Activity: 3248
Merit: 1070
December 23, 2014, 07:11:24 AM
Bitcoin is purely pump and dump but haters misses point below;

It is nowhere near of ending his life. This is a basic scheme guys, lather, rinse and repeat. Just be patient. There are always more stupid ones than you in world. It's the main principle of Ponzi schemes. If I could die, I would be dead 2 years ago. Look now, microsoft accepts it. This means bitcoin has more way to go.

I can't blame bitcoin as a whole for being a Ponzi scheme, it has some genious points but it absolutely seems like Ponzi.

since when trading is ponzi? bitcoin isn't ponzi at all, the bad thing are just early adopter, some of them like to play with the market, other left bitcoin already, causing that massive dump
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