Bitcoin Forum

Economy => Speculation => Topic started by: EuSouBitcoin on February 09, 2013, 08:44:33 PM



Title: Pump and Dump ?
Post by: EuSouBitcoin on February 09, 2013, 08:44:33 PM
BTC prices have moved up quickly. Is this a pump and dump? See

http://en.wikipedia.org/wiki/Pump_and_dump


Title: Re: Pump and Dump ?
Post by: ajk on February 09, 2013, 08:46:12 PM
how many more of these?


Title: Re: Pump and Dump ?
Post by: notme on February 09, 2013, 08:46:34 PM
What "false and misleading positive statements" can you point to?  If you can't point to some, it doesn't fit the basic definition.


Title: Re: Pump and Dump ?
Post by: jojo69 on February 09, 2013, 08:51:27 PM
SELL SELL SELL!!!

OMG THE KNIFE!!

NOOOOOOOOOOOOOOOOooooooooooooooooooooooooo


Title: Re: Pump and Dump ?
Post by: ajk on February 09, 2013, 08:53:58 PM
SELL SELL SELL!!!

OMG THE KNIFE!!

NOOOOOOOOOOOOOOOOooooooooooooooooooooooooo


Are you 5?


Title: Re: Pump and Dump ?
Post by: jojo69 on February 09, 2013, 08:55:36 PM
what?

you're the one that asked how many more of these threads


Title: Re: Pump and Dump ?
Post by: EuSouBitcoin on February 09, 2013, 09:58:16 PM
Maybe it's Market Manipulation instead

http://en.wikipedia.org/wiki/Market_manipulation


Title: Re: Pump and Dump ?
Post by: notme on February 09, 2013, 09:59:57 PM
Maybe it's Market Manipulation instead

http://en.wikipedia.org/wiki/Market_manipulation

Maybe you're just trolling so you can keep accumulating:
https://bitcointalk.org/index.php?topic=134730.msg1515072#msg1515072


Title: Re: Pump and Dump ?
Post by: Stephen Gornick on February 10, 2013, 01:39:59 AM
Maybe you're just trolling so you can keep accumulating:
https://bitcointalk.org/index.php?topic=134730.msg1515072#msg1515072

Ha, that's classic (having one thread asking if it is a pump and dump -- presumably to help convince others to sell, and in the other thread be advertising a buy offer ... in which the rate offered is above spot market rates even).


Title: Re: Pump and Dump ?
Post by: BitcoinRate.com on February 10, 2013, 01:49:46 AM
I would think so, guess the question is not if but when the dump and how deep the crash will be.


Title: Re: Pump and Dump ?
Post by: notme on February 10, 2013, 02:06:41 AM
I would think so, guess the question is not if but when the dump and how deep the crash will be.

And even after I point it out, somehow he still hooks them....


Title: Re: Pump and Dump ?
Post by: Bowjob on February 10, 2013, 02:08:20 AM
Actually it's pump and don't dump!


Title: Re: Pump and Dump ?
Post by: Piper67 on February 10, 2013, 02:22:21 AM
I would think so, guess the question is not if but when the dump and how deep the crash will be.

And even after I point it out, somehow he still hooks them....

There's no man blinder than he who wishes not to see.


Title: Re: Pump and Dump ?
Post by: adamstgBit on February 10, 2013, 03:46:15 AM
Yes!


Title: Re: Pump and Dump ?
Post by: adamstgBit on February 10, 2013, 03:54:58 AM
Its not hard to see that bitcoin is growing... but the thing you have to remember is that bitcoin is and always will be 90% speculation,  so even if the rise in value has some legit growth backing it up, the fact remains that 90% of the rise is due to speculation, this is of course unsustainable and will come crashing down at one point. I dont think any one person is doing a pump and dump, the market as a hole is doing this without really realizing it.


Title: Re: Pump and Dump ?
Post by: notig on February 10, 2013, 04:31:08 AM
Its not hard to see that bitcoin is growing... but the thing you have to remember is that bitcoin is and always will be 90% speculation,  so even if the rise in value has some legit growth backing it up, the fact remains that 90% of the rise is due to speculation, this is of course unsustainable and will come crashing down at one point. I dont think any one person is doing a pump and dump, the market as a hole is doing this without really realizing it.

Is 90% of the price of gold speculation? If so then I don't see a problem


Title: Re: Pump and Dump ?
Post by: Third Way on February 10, 2013, 04:38:36 AM
I wanted to see 24 before I went to sleep.  :-\


Title: Re: Pump and Dump ?
Post by: BCB on February 10, 2013, 04:42:43 AM
It's PUMP PUMP PUMP.

Going up up up!


Title: Re: Pump and Dump ?
Post by: Third Way on February 10, 2013, 04:57:17 AM
I'm seeing a steady 23.50