Topic: What's happening when there is a massive buyin? (Read 635 times)
This should be another pumping group doing their normal duty of making an increase in price and kill it by dropping or dumping the coin in question.
I think the reason for massive buy-in is there's a possibility that the price of the coin to increase. It's also possible
that it's a scheme to increase the value of the coin to gather investors or traders.
that it's a scheme to increase the value of the coin to gather investors or traders.
It just another pumping group, The massive adoption will make the coin will be stable as you can see with the bitcoin after some countries are tries to added bitcoin as legal payment. The chart has told me if that's obviously true. It's pure pump and the group dump it again just in a second. That looks very odd in my opinion and it was too far from the massive adoption.
Right, I agree. I assume this is not a pump group, but a single buyer.
There are many institutional traders that have access to this kind of money. But the thing I cannot understand is how they get their money out. Third parties (except for bots) cannot even buy in fast enough to take advantage of this.
As a matter or fact, that is all I can figure: maybe the trader has identified certain bot patterns, and is taking advantage of a bot that cannot understand massive buyins.
Why do these massive buyins occur? I cannot tell how they could be pump and dump schemes, unless the buyer expects the coin to actually go higher than the buy-in position? I don't get it.
(Sorry for the weird parens in the image... screwed it up, to lazy to fix...)
I thought it could be the consequence of a "pumping group" but actually the market cap is maybe already too high for a "pumping group" to have such an impact.
Well it could be a pump and dump group. There is no way a coin could be pump hard except for this groups. They are trying to influence the market as well to buy more of this coin. But what I'm afraid of is that when the dumping occurs, because for sure many will be trap and will probably can't get out of time and eventually lost their money. Just be careful of those groups.
I thought it could be the consequence of a "pumping group" but actually the market cap is maybe already too high for a "pumping group" to have such an impact.
https://i.imgur.com/u9xVcWJ.png
Why do these massive buyins occur? I cannot tell how they could be pump and dump schemes, unless the buyer expects the coin to actually go higher than the buy-in position? I don't get it.
(Sorry for the weird parens in the image... screwed it up, to lazy to fix...)
Why do these massive buyins occur? I cannot tell how they could be pump and dump schemes, unless the buyer expects the coin to actually go higher than the buy-in position? I don't get it.
(Sorry for the weird parens in the image... screwed it up, to lazy to fix...)
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