Topic: Why are the coins pumping? (Read 215 times)

On my mind the most of the coins pumped at the very beginning of its existence. That’s so if we are talking about fresh new currencies. But sometimes many much advertisement do the same thing with steady well-known coins.

This is kinda a unbelievable stuff and in actually going to believe that. For me btc is important.

He is an idiot, and those that believe him are also close by


That altcoin is valued at 20 cents a piece , and the whole daily volume is just about 15 BTC.
Of course you can pump it to 1 $ especially since it looks like the blockchain is not working anymore so you can't move it and probably it's also heavenly premined.

He talks about $

it is not "information" it is some random dude talking about some random coin which may or may not be pumped.
and the numbers are not $ they are satoshi!

it is not unbelievable! most of these channels are operated by same people or have a lot of members that are the same. when someone wants to pump some altcoin they buy it first and then spread the news in all of these channels.

sometimes they get some fools to buy their bags and make profit and sometimes they fail and lose money.

it is not a forecast, it is not speculation, it is not weird. it is pump group

BTC flying... and surprisingly not taking down ALT's with it.
ton new money must be coming in. probably from BTC lightening network announcement but also my conspiracy theory is watch out for China lol.
Hopefully we will be good or sideways till new year and will see huge pump in 2018

I don't know this "Palm Beach Confidential" is legit or now but I heard about them in the forum. As for the OP questions, coins are just pump by those who want to really profit nothing more. They will make some noise just what you have showed. Putting a lot of hype of a coin that we never heard before. They hope that newcomers will really buy the hype around it, of course they will get out on time and cash it out before everyone know. That' why I don't join any pump-and-dump group, very fraudulent to begin with and once your in, they will not they you when they are going to dump, unless they have dump the coins first. And they want's left is for a few that will just get dust profit.

Rise and fall of bbitcois are usual. These may be an effect of some issues which are translucent to some of us. But if we take further observations, later on will get to know it and even analyse how, somehow, it works. This will always be a process and sometimes a prediction about it.

It seems to me that most groups in the telegram with signals and pamp of tokens  benefit only their creators, assuring the readers that the price of the tokens will rise, they disperse the hype, and at the top sell their coins.

Yup! I agree and because of bitcoin's popularity all over the world this is really attainable and because bitcoin price is so much for new investors they are tying their luck with newer coins that are cheaper and the pump goes on and on, I don't really hate other coins I just hate the fact that some people are not considering this coins will make it big in the future because Cryptocurrency now have an outstanding popularity.

In most cases, all such channels with signals for trading are deceptive. And its main goal is to buy the right coin in advance to try to get people to buy it in order to raise the price. And then sell it at the peak, making a profit.

Personally, I completely do not trust all these "signals", because it means to rely on a stranger and trust him your money, and this is nonsense.

this day we cannot believe all what we see even a prediction was not very useful.. you need to gather enough information about the stuff before jump to conclusion. otherwise you will end losing you saving to what other believes to be high..

Pump and dump is always a very effective tool used by many groups to push a certain coin to the max and then run away from it with a good profit. Since the market is very small for this particular kind of a project, its value can easily be pushed to the top and then pumpers will eventually sell what they got...or dump their holdings. Now, any coin can be the subject of pump and dump and many times those who are thinking they can profit of such an endeavor will turn out to be holding an empty bag. I am taking a look at this Golos Gold or GBG but their site golos.io is not in English.

Coins are growing, because the interest for them increases. 2-5 new ATMs around the world that accept coins as payment appeared every week. This increases the liquidity of coins from those people who have already known about them, and those who have not heard anything about them yet. Also, large investors continue investing in coins. The introduction of business in blockchain technology provokes buying coins of medium and large business players. The hype around the crypto currency is growing every day, so the price of coins is also rising.

I found the information in one telegram channel that the GBG coin will grow up in the nearest future and will reach $ 500, $ 1000 and even $ 4000 for the next 24 months!



This information seems unbelievable, but i can't follow the link to the source, since it was a screenshot in the telegram channel!

It also seemed me strange that the forecasts in all the channels are given in the same form like this one:


 
The forecast turned out to be correct and the rate reached 2400 satosh instead of 1800 (which was mentioned in forecasts).

I guess that this coin is very dangerous since probably it does not have that strong project that allowed it to grow. But the most dangerous thing is that pampers can promote this coin and the rate will really grow because of people believing in such statements and see confirmation in the form of an increase in cost.

I would like to know your opinion about it. Kindly complete information about the GBG project, if you know it.

Unfortunately such stories are not unique (( In this regard, I would like to tell you about the database and tool that we create for the project on uncovering artificial manipulation of coins at the earliest stages and warning the whole community not to take part in such projects because of big risks (https://bitcointalksearch.org/topic/m.26998485). Do not invest in this coin and warn everyone who is near you.

Soon we will disclose details of the project which for 2 years raised the price of the token from 1 cents to 10 dollars.