Take a look at it---
Mtgox the day before the 3 month rally (October-December) to $1200
Price was $135
Mtgox the day it closed from insolvency
Price was $135
conspiracy? ....
Topic: Was Bitcoin actually just a Pump and Dump? - page 31. (Read 45041 times)
I think mtgox artificially rose btc prices by adding some 0's here and there on the trading books thus creating fake volume.
Take a look at it---
Mtgox the day before the 3 month rally (October-December) to $1200
Price was $135
Mtgox the day it closed from insolvency
Price was $135
conspiracy? ....
Take a look at it---
Mtgox the day before the 3 month rally (October-December) to $1200
Price was $135
Mtgox the day it closed from insolvency
Price was $135
conspiracy? ....
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"
Obviously you think that fiat currency is money, that's why all of these statements sounds quite old school
Actually fiat curreny is a pump and dump scheme, it is pumped by the government's so called credit, and dumped in market to exchange every valuable products and services, when do you think that pump and dump scheme will collapse?
Hmm, what kind of tinfoil hat do you have on today?
Real conspiracies do not have such elaborate plots that take years to execute using a large group of people. This whole thread is just ridiculous like the moon landing hoax theories.
couldn't disagree more plenty of so called 'conspiracies' take years to execute fully 
as far as I know , some people found Satochi's Bitcoin adresses (created on January 2009 (when bitcoin got created) & it still contain the bitcoins) . he certainly mined the first bitcoins
well i have seen many people claiming that satoshi has 1Million+ bitcoins in his walletwhen i checked the top 100 bitcoin wallets here on this site
http://bitcoinrichlist.com/top100
i found that none address has that much balance
so either this site script is wrong or satoshi didn't have 1M coins (may be already dumped them)
I am starting to believe that your mom was a pump and dump.
Real conspiracies do not have such elaborate plots that take years to execute using a large group of people. This whole thread is just ridiculous like the moon landing hoax theories.
Agreed. No one ever has any EVIDENCE. They just say things that sound good to the ideas from their own head. The grand conspiracy is always by an unnamed shadowy group that the grown-ups are supposed to disprove. Frankly I don't mind. I have made sick money off of peoples fear and superstition. So if anyone wants to sell their coins cheap before the space reptiles reveal their evil plans, I'm game.
Not what I want to think about when I've spent over 5000 GBP on BTC & judging by the current price I'm at a massive loss.
Sorry to hear that, looks like you are on a long run now if you are planning to hold them.
Yep, long term hoarding mate.
That's my plan.
In it for the long game.
Bitcoin actually just a Pump and Dump?
Anyone reading the forum before ~ May 2011 knows that the Bitcoin project is not just a "Pump and Dump".
I do believe that occasional positive media cycles (including May/June 2011 and at least two others) are/were designed to overheat the BTC market in advance of a "massive failure", followed by huge amounts of negative media.
Anyone reading the forum before ~ May 2011 knows that the Bitcoin project is not just a "Pump and Dump".
I do believe that occasional positive media cycles (including May/June 2011 and at least two others) are/were designed to overheat the BTC market in advance of a "massive failure", followed by huge amounts of negative media.
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"
Bitcoin is a pump and dump just like gold is. This says it all.
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"
^^^fact. Little do people know, built within the bitcoin code itself, there is a pump function. It's purpose is to create value via the creation of demand. This code is run in a loop on a variably adjusted protracted time schedule and once executed, sends a command signal to the brains of infected investors to buy moar cheap coinz.
The real challenge for the "few people with a lot of money", aka The Reptilians, was to entice the still unwashed minds of the easily fooled with the illusion of a breakthrough in technological achievement of a decentralized public ledger system, immune to corruption and regulation, owned by the people, in which the average person all the way up to the multinational corporation is free to interact with whether sending or assigning a value asset, the protection of intellectual property, or the complete replacement of many other antiquated systems of accounting all quickly, cheaply and securely -of which, the function of a currency being the easiest to exploit.
It is said that Satoshi, the king of The Reptilians, devised the original brilliant scheme while doing blow off a hooker's vagina.1
1Satoshi, genius or cracked out?
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.
True, as evidenced by that pizza that sold for I think one million dollars in peak BTC back in 2011. Also I don't think it was pump and dump, more like geeks having some fun and it blew up due to first mover advantage.
*Highly* doubtful.
BTC was being worked on long before it was first released to the public. To that extent, it's taken well more than a decade to get to where we are now. Add that to the fact that the vast amount of BTC known to be mined by Satoshi is unspent, and it all points to BTC being a legitimate project with a long-term scope.
BTC was being worked on long before it was first released to the public. To that extent, it's taken well more than a decade to get to where we are now. Add that to the fact that the vast amount of BTC known to be mined by Satoshi is unspent, and it all points to BTC being a legitimate project with a long-term scope.
Well if it were a pump and dump conspiracy I sure as hell wasn't aware of it when I first bought my 90 cent coins and started getting involved in mining. Shouldn't I have lost money since I was not and still am not part of the inner circle?
I am starting to believe that your mom was a pump and dump.
Real conspiracies do not have such elaborate plots that take years to execute using a large group of people. This whole thread is just ridiculous like the moon landing hoax theories.
The Bitcoin network is the sum of people transacting in bitcoins with one another directly on the internet. There is no central server or entity, like a government, central bank, corporation, or foundation that controls the network. Therefore it cannot be manipulated like normal currencies issued by decree and controlled by governments.
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?
as far as I know , some people found Satochi's Bitcoin adresses (created on January 2009 (when bitcoin got created) & it still contain the bitcoins) . he certainly mined the first bitcoins
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 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?
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