The pump started with bitcoin to around 200US dollars, this is when investors started to pump it, they obviously had(and still have) millions of bitcoins to dump in a period of , let's say, a couple of years.
It all started over a year ago, in November 2013, from 200 US dollars to 1143 US dollars in 30 days.
I wouldn't invest in Bitcoin until it reaches 100US dollars or below.
Topic: Was Bitcoin actually just a Pump and Dump? - page 22. (Read 45041 times)
Smells to me, somebody lost something huge during the Winter Sales.... 
How you can say that & Satochi didn't even touch his coins on the first place 
How do you know that some guy or old man called satoshi even has any coins?
http://www.youtube.com/watch?v=w7YmJZ-qVW8
how is his english all broken up as some have said?! the guy is native english speaker. I find all this game playing being done by bitcoin creaters really out of hand they crossed the stupidity line long ago. you got so many clues taking this project to stanford and darpa. also I rather trust an altcoin I know it's origins and it's players rather than being played like a fool by the bitcoin guys who btw own much more than 1 million coins! 'investing' in bitcoin imho is the craziest idea!
Bitcoin is safer than fiat and having your BTC in a secured wallet is safer than having fiat anywhere. It is one of the reason Bitcoin is superior. Everything created by man can be criticized and it can be healthy to criticized but the Bitcoin system is superior to the fiat system.
How you can say that & Satochi didn't even touch his coins on the first place
How do you know that some guy or old man called satoshi even has any coins?
http://www.youtube.com/watch?v=w7YmJZ-qVW8
how is his english all broken up as some have said?! the guy is native english speaker. I find all this game playing being done by bitcoin creaters really out of hand they crossed the stupidity line long ago. you got so many clues taking this project to stanford and darpa. also I rather trust an altcoin I know it's origins and it's players rather than being played like a fool by the bitcoin guys who btw own much more than 1 million coins! 'investing' in bitcoin imho is the craziest idea!
I think that Bitcoin primarily is not an investment and it is not a way how to make more non-Bitcoins (USD, EUR, ...). Of course, people who treat Bitcoin as get-rich-quick (or get-rich-slowly) scheme have a problem.
I agree that Bitcoin is not an investment. The side effect of increasing adoption of Bitcoin as a payment mechanism is an increase in price of bitcoin. This has led people to treat bitcoin as an investment also.
The problem is, a lot more people know about the rapid increases in price of bitcoin than about its salient features. Once people truly discover the massive advantages that Bitcoin has over fiat, its adoption would really take off.
What if I told you that life itself was one big pump and dump? How would you respond?
Doesn't everyone pump and dump everytime they go to eat and then use the toilet?
Haha
That's a good argument 
As I said before, also the life is pump and dump...
What if I told you that life itself was one big pump and dump? How would you respond?
Doesn't everyone pump and dump everytime they go to eat and then use the toilet?
Haha, yeah and then you flush the toilet and it's gone. Long gone
This is an open discussion, so your thoughts more than welcome.
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
Alt-coins make 100s of thousands of dollars to their dev at most; if you create Bitcoin and you see it can succeed you stand to make tens billions by being honest and not creating alt-coins.
What if I told you that life itself was one big pump and dump? How would you respond?
Doesn't everyone pump and dump everytime they go to eat and then use the toilet?
What if I told you that life itself was one big pump and dump? How would you respond?
It is pump and dump because the life is fading. You invest time, money etc. in your life to reach your goals and have a good life and anytime you die. This is the dump. But it's a measurable "pump and dump"
What if I told you that life itself was one big pump and dump? How would you respond?
it's early adopters fault, for this, the total amount need to be distributed better, will take time to do this
You can't blame early adopters.
People who are considered early adopter see thing most people don't see.
They take certain risks, and with Bitcoin that risk paid off quite nicely for early birds.
it's early adopters fault, for this, the total amount need to be distributed better, will take time to do this
In a market economy, property is always unequal distributed...that's an economy principle.
it's early adopters fault, for this, the total amount need to be distributed better, will take time to do this
If it was a pump and dump wouldn't it have crashed completely? It still is a consistent value and its still slightly going up even. I highly doubt it was anything like what the OP mentioned...
It is just possible that the pump and dump was performed by a set of players and has been completed. True believers could be preventing Bitcoin from crashing completely.
If it would be Pump and Dump, we wouldn't be on that constant price level and this huge market cap. Pennystocks are Pump and Dump but Bitcoin is better. Bitcoin is a revolution. Our new finance system!
If it was a pump and dump wouldn't it have crashed completely? It still is a consistent value and its still slightly going up even. I highly doubt it was anything like what the OP mentioned...
I think the birds-of-a-feather unethical mob that did frequent the buttyfly labs forums with their reverse pump and dump April of last year verged on criminal.
I think that Bitcoin primarily is not an investment and it is not a way how to make more non-Bitcoins (USD, EUR, ...). Of course, people who treat Bitcoin as get-rich-quick (or get-rich-slowly) scheme have a problem.
one thing that really interesting of bitcoin is the pump and dump action, without this bitcoin is not interesting
Yes in right time decisions you can make tons of cash or you can loose with bad calls and decisions.
Anyway fun is this price fluctuations.
yes of course, i have an experience when i trade on btc-e i lost some $ there in early time with trading, but still it is fun
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