|
Title: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on November 29, 2015, 10:07:42 PM This is a Public Service Announcement!!!
What we are seeing is nothing but a pure pump&dump scheme! This rise in price is a ruse! Do Not Buy Any More! We're going to go down any minute now!!! Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Wilhelm on November 29, 2015, 10:20:43 PM Sell your coins OP I dare you!!!
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Meuh6879 on November 29, 2015, 10:33:46 PM selling what ? give me a beer instead of say bullshit ...
https://thechive.files.wordpress.com/2014/03/downblouse-35.jpg Title: Re: Pump & Dump Trap! Don't get trapped! Post by: r0ach on November 29, 2015, 10:38:52 PM This is a Public Service Announcement!!! What we are seeing is nothing but a pure pump&dump scheme! This rise in price is a ruse! Do Not Buy Any More! We're going to go down any minute now!!! ^ The JIDF, Zionist, pro-central banking, anti-BTC, shill poster who has already created 5000 fake spam accounts is once again doing it. Your posts are useless now that everyone knows where they originate from. You're basically pumping Bitcoin now by showing how afraid the banking interests are of it. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on November 30, 2015, 01:07:13 AM There's no good reason for the current rise in price. No logical explanation. According to Sherlock Holmes, after you discount all other theories, the only theory remaining is the correct one. Pump and dump, FTW. No?
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: redhack on November 30, 2015, 01:09:29 AM How do you know it's a bull trap? Last time this happen, price was go up to $502.
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: suda123 on November 30, 2015, 01:24:36 AM This is a Public Service Announcement!!! What we are seeing is nothing but a pure pump&dump scheme! This rise in price is a ruse! Do Not Buy Any More! We're going to go down any minute now!!! ^ The JIDF, Zionist, pro-central banking, anti-BTC, shill poster who has already created 5000 fake spam accounts is once again doing it. Your posts are useless now that everyone knows where they originate from. You're basically pumping Bitcoin now by showing how afraid the banking interests are of it. hi /pol/ Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Cconvert2G36 on November 30, 2015, 01:47:42 AM This is a Public Service Announcement!!! What we are seeing is nothing but a pure pump&dump scheme! This rise in price is a ruse! Do Not Buy Any More! We're going to go down any minute now!!! ^ The JIDF, Zionist, pro-central banking, anti-BTC, shill poster who has already created 5000 fake spam accounts is once again doing it. Your posts are useless now that everyone knows where they originate from. You're basically pumping Bitcoin now by showing how afraid the banking interests are of it. hi /pol/ Oddly enough, he had a period of making some informed and reasoned posts. Wonder what happened to him? Was he wronged somehow? This could be a coping mechanism. The vulnerable sometimes get comfort from placing blame on a diaphanous, omnipotent, and malevolent foe when they don't possess the means or acumen to "right the wrong" themselves. By the way That Mircea Popescu dude is a schizo clown. More like egomaniac. He's using this issue to try and draw attention to himself. The block limits were put there to prevent spam as a short term bandaid. There's obviously a problem with making block sizes too large, but it would also require an enormous Bitcoin economy to make it a problem, or...lots of people spamming the chain with gambling site nonsense. As long as you can prevent spam, increasing the upper limit isn't that big of a deal. I guess it comes down to an issue of, would you rather have fractional reserve bitcoin where everything is off-chain, or non-fractional reserve where everything is on-chain with more bloat. Some people might ask, if you're doing everything off-chain, then how is it beneficial over the systems we already have? There's clearly some point there since the Keynesians could still be running wild in an off-chain system. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: manis on November 30, 2015, 01:56:42 AM You don't necessarily have to get trapped in a pump and dump.
You may also benefit by riding it. :) Title: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on November 30, 2015, 02:02:22 AM Looks like the top has been reached at 380. Sell before the drop accelerates.
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Cconvert2G36 on November 30, 2015, 02:05:27 AM Looks like the top has been reached at 380. Sell before the drop accelerates. As long as you've got those goal posts on casters, you're gold. yep, just as expected, a drop from 325 to 315 a few minutes ago at bfx. I bet it will go up to 320, sideline there for a few days and then another from 320 to 310, rises to 315 for a few days, and then another drop from 315 to 305. Drop by drop, we are going down. This is the story of bitcoin. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: manis on November 30, 2015, 02:15:55 AM Looks like the top has been reached at 380. Sell before the drop accelerates. Predicting tops (or bottoms) is risky business. Set stop loss/ lock profit levels, and ride out the storm. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on November 30, 2015, 02:25:46 AM Looks like the top has been reached at 380. Sell before the drop accelerates. As long as you've got those goal posts on casters, you're gold. yep, just as expected, a drop from 325 to 315 a few minutes ago at bfx. I bet it will go up to 320, sideline there for a few days and then another from 320 to 310, rises to 315 for a few days, and then another drop from 315 to 305. Drop by drop, we are going down. This is the story of bitcoin. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Cconvert2G36 on November 30, 2015, 02:28:52 AM Looks like the top has been reached at 380. Sell before the drop accelerates. As long as you've got those goal posts on casters, you're gold. yep, just as expected, a drop from 325 to 315 a few minutes ago at bfx. I bet it will go up to 320, sideline there for a few days and then another from 320 to 310, rises to 315 for a few days, and then another drop from 315 to 305. Drop by drop, we are going down. This is the story of bitcoin. Be my guest, you have my explicit permission to dig up the last week of my posts, not further tho! Title: Re: Pump & Dump Trap! Don't get trapped! Post by: NorrisK on November 30, 2015, 07:53:19 AM We will likely see a similar run to last one, a slowish price rise at first (happening now), creating some nice green candles, that will escale quickly afterwards.
600-700 might be touched briefly if this is the case. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Namrekka on November 30, 2015, 02:58:26 PM Looks like the top has been reached at 380. Sell before the drop accelerates. +1 Title: Re: Pump & Dump Trap! Don't get trapped! Post by: maokoto on November 30, 2015, 03:41:57 PM It does not seem to me like the last one. Last one was much faster going to 500, but now it does not seem to get past the 400. I am talking in Eur a bit, since I trade the Btc/Eur pair.
I think it will go down from here, raises tend to be more sharp. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: bhodson on November 30, 2015, 03:43:35 PM From what I have seen the price goes up when there is a good reason.
I am still waiting for someone to tell me what the good reason is this time. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Amph on November 30, 2015, 05:15:54 PM Looks like the top has been reached at 380. Sell before the drop accelerates. i don't think so, it dropped like that when we were around 350, then it skyrocketed again is yet to be seen the full outcome of this pump, there may be some good surprise, i would buy at this range, at best it could drop from few % Title: Re: Pump & Dump Trap! Don't get trapped! Post by: RodeoX on November 30, 2015, 05:28:50 PM Hey Talk, I was wondering if you could tell to us what you think a "pump and dump" is? Can you explain the process please?
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: bitowl on November 30, 2015, 08:14:39 PM Hey Talk, I was wondering if you could tell to us what you think a "pump and dump" is? Can you explain the process please? I assume he means whales come in and start buying to try to "foment" an upward price movement. If at anytime the price naturally starts to fall, they come in again and buy more to keep the price from dropping. Everyone then believes this is a natural upward trend, ie "we'll be at $400 by thursday!!" type posts, which adds to the upward trend. Then the whale acts, dumping a huge amount of bitcoins in a market order, profiting immensely and sparking a massive sell off which causes all the rubes who bought in to lose value. This type of activity is illegal on wall street (because it works) but the big players do it anyway. They just make sure to always have an excuse if the SEC is pressured to investigate (their natural state is not to investigate since they're all working together to fleece the public). Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Wilhelm on November 30, 2015, 08:19:58 PM From what I have seen the price goes up when there is a good reason. I am still waiting for someone to tell me what the good reason is this time. Terrorists are buying weapons with Bitcoin... :P Governments are paying counter terrorists with Bitcoin.... :P Title: Re: Pump & Dump Trap! Don't get trapped! Post by: alani123 on November 30, 2015, 08:21:42 PM I was thinking of selling some BTC today after the price rise and re-buy if it drops.
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Wilhelm on November 30, 2015, 08:23:24 PM I was thinking of selling some BTC today after the price rise and re-buy if it drops. Yet you fear the rise of Bitcoin :) Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Mickeyb on November 30, 2015, 10:13:23 PM I was thinking of selling some BTC today after the price rise and re-buy if it drops. I wouldn't do it mate, you never know when this thing can take off! Then again maybe that's why I never made much money on day trading! I just don't have balls to do it! Title: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on December 01, 2015, 12:10:39 PM I was thinking of selling some BTC today after the price rise and re-buy if it drops. You should have done it. As I predicted, it was a Pump-n-Dump. Price dropped to 353, recovered a bit currently at 360. We will see bigger drops in the coming days. LOLTitle: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on December 02, 2015, 01:20:50 AM More drops as predicted. We are in the full DUMP PHASE. Sometimes, I hate being right.
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: newcoins1978 on December 02, 2015, 01:28:18 AM Sharp eye. The price will go down since the pump is over. The action we see is again some first class market manipulation.
Waiting for new believers to step in, and dump some coins on them. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: glendall on December 02, 2015, 01:45:43 AM Any guesses on the bottom?
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Piltover on December 02, 2015, 01:57:02 AM Sharp eye. The price will go down since the pump is over. The action we see is again some first class market manipulation. Waiting for new believers to step in, and dump some coins on them. Thanks for the heads up. I am new here and to me this scemes are hard to see. What would be a safe price to buy? Title: Re: Pump & Dump Trap! Don't get trapped! Post by: talks_cheep on December 02, 2015, 02:23:01 AM The price rise was inorganic, i.e., there were no good reasons for the rise. Some people claimed there doesn't have to be any reason for the price to move suddenly, just a "natural" function of exchanges and markets. The problem is, if this happened at NYSE, there WOULD be an investigation. It wasn't even natural, it was so contrived from the get-go. Why nobody else saw it? I think everyone else was too busy cheering along with the Pumper as the price rose.
What is the bottom? Probably around 340. What is the safe price to buy? Probably around 340-350. I can tell you right now that come Feb/March'2016, we will see $1000+ due to the halfing event in July'2016. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Amph on December 02, 2015, 08:30:31 AM Any guesses on the bottom? 328, i'm fairly sure the market is following the same pattern but with a 3xx instead of a 2xx, i'm expecting another increase toward 380 in december Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Karartma1 on December 02, 2015, 08:50:30 AM Any guesses on the bottom? 328, i'm fairly sure the market is following the same pattern but with a 3xx instead of a 2xx, i'm expecting another increase toward 380 in december I had the same thoughts as you. If that price will be broken we are seriously going down to 300$ maybe lower. But Bitcoin price then can not go lower than that because than we will see huge buys at discount; in these days we saw how easy it is for the price to spike though. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Mickeyb on December 02, 2015, 10:50:05 AM Any guesses on the bottom? 328, i'm fairly sure the market is following the same pattern but with a 3xx instead of a 2xx, i'm expecting another increase toward 380 in december I had the same thoughts as you. If that price will be broken we are seriously going down to 300$ maybe lower. But Bitcoin price then can not go lower than that because than we will see huge buys at discount; in these days we saw how easy it is for the price to spike though. I don't think we will go this low. I honestly think that the current low of about $350 is low as we will get! Title: Re: Pump & Dump Trap! Don't get trapped! Post by: Denker on December 02, 2015, 11:18:43 AM Any guesses on the bottom? Hard to guess. But I think lowest would be something in 320s. As long as we stay above 300 I'm fine. See it as an opportunity to buy some more BTC. Title: Re: Pump & Dump Trap! Don't get trapped! Post by: pissedoff on December 02, 2015, 12:58:04 PM The bitcoin price has been stable around ~$350 in the past few days. I don't see any Pump and Dump trap.
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: uki on December 02, 2015, 08:03:53 PM Any guesses on the bottom? 328, i'm fairly sure the market is following the same pattern but with a 3xx instead of a 2xx, i'm expecting another increase toward 380 in decemberTitle: Re: Pump & Dump Trap! Don't get trapped! Post by: RodeoX on December 03, 2015, 06:51:46 PM Sharp eye. The price will go down since the pump is over. The action we see is again some first class market manipulation. Waiting for new believers to step in, and dump some coins on them. Thanks for the heads up. I am new here and to me this scemes are hard to see. What would be a safe price to buy? Since you are new to this here is a tip. Despite the constant stream of guesses about future price. No one knows anything more than you do about what will happen. You can broadly guess that the price will rise or fall, but you are just guessing. The people who I know who have done well with bitcoin do their own homework and never ask someone about the price. That is just hope. If only it were as simple as asking the right person. :-\ Title: Re: Pump & Dump Trap! Don't get trapped! Post by: bearex on December 03, 2015, 08:17:00 PM I dont think it is, because the volume is the same as for the past days, so no major dumping is happening (nor pumping)
Title: Re: Pump & Dump Trap! Don't get trapped! Post by: SimpleBuyer on December 03, 2015, 11:52:26 PM Sharp eye. The price will go down since the pump is over. The action we see is again some first class market manipulation. Waiting for new believers to step in, and dump some coins on them. Thanks for the heads up. I am new here and to me this scemes are hard to see. What would be a safe price to buy? Since you are new to this here is a tip. Despite the constant stream of guesses about future price. No one knows anything more than you do about what will happen. You can broadly guess that the price will rise or fall, but you are just guessing. The people who I know who have done well with bitcoin do their own homework and never ask someone about the price. That is just hope. If only it were as simple as asking the right person. :-\ There are threads with polls which are the complete opposite of the majority votes. No one knows for sure. |
