Bitcoin Forum

Alternate cryptocurrencies => Service Announcements (Altcoins) => Topic started by: jonnytracker on May 27, 2017, 06:07:52 PM



Title: Pump Group
Post by: jonnytracker on May 27, 2017, 06:07:52 PM
http://www.cryptosurge.xyz (http://www.cryptosurge.xyz)

CRYPTO SURGE

https://s2.postimg.org/kt7nkcw1l/Crypto_Surge_G.jpg


We will be choosing coin to pump by proof of fair coin selection.

we choose coins using proof of selection method like fair pumps.

That is,We give list of around 8 coins. Coinlist is uploaded to a password protected pastebin now. Password is announced when countdown stops. This way we prevent prebuying the whole coinlist by people guessing the coin to pump, which harms the whole pumping process in general. As pastebin can’t be edited by anyone after its upload, it’s still fair randomized coin selection.

Even admins of pump group can not judge which coin will be pumped, as only one coin will be selected by using doge block method.


Now some of @channel members must be guessing whats doge block method!

The coin of interest will be publicy randomized based on a predefined future blockchain hash. A target block hash will be defined 20 minutes before pump starts. The target hash’s first character will determine coin to pump according to the coin list. As no one predict block hashes, no one is able to prebuy coins before the official coin announcement. This results in same chances for everyone participating in the pump, keeping it all as fair as possible.
So we are actually using fairpumps.net method. Difference is, we dont prebuy, and let the community profit max as they can.


But unlike http://fairpumps.net/ (http://fairpumps.net/), we charge nothing, and we will keep it that way, no charges for anything.


http://www.cryptosurge.xyz (http://www.cryptosurge.xyz)
 


Title: Re: Pump Group
Post by: AdolfinWolf on May 27, 2017, 06:20:42 PM

You know artificial pumping doesn't work right? especially not in these public groups, where you ( the pumper ) are subject to the operators of the group, which only want your money.

P&D doesn't work, because the market won't join you in your pump, and you'll become a bagholder, and your sellers ( which are most likely the admins of the pump group ) are the ones making the money.

It dumps faster then it pumps most of the time due to a lack of adoption of the market.


Title: Re: Pump Group
Post by: U2 on May 27, 2017, 06:25:29 PM
Just to add to the last post which is spot on: you do know this is completely illegal right? So why not just go steal some money from a convenience store? It'll probably be easier than this and pay off more. (I'm not saying you should. I'm just saying they're both crimes so why bother going though this trouble to commit a crime that you probably won't even be either from?)


Title: Re: Pump Group
Post by: XbladeX on May 28, 2017, 12:00:53 AM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.


Title: Re: Pump Group
Post by: TryNinja on May 28, 2017, 01:43:28 AM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
That's correct. Rarely a public pump group works in the long-term. Mainly because the manager of the group which usually is the guy who starts the pumps, probably has already bought amounts of the selected currency and will always try to profit from the new users and beginners mistakes.

I can speak of this from my own experience because I was already part of a group like this, and it never worked well.

The best way to organize an artificial pump is with a private group of whales that own a large amount of BTC, and are willing to allow the whole group to profit, controlling their greed to avoid disasters.


Title: Re: Pump Group
Post by: asyakashi on May 28, 2017, 09:23:10 AM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  ;)


Title: Re: Pump Group
Post by: AdolfinWolf on May 28, 2017, 12:33:22 PM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
That's correct. Rarely a public pump group works in the long-term. Mainly because the manager of the group which usually is the guy who starts the pumps, probably has already bought amounts of the selected currency and will always try to profit from the new users and beginners mistakes.

I can speak of this from my own experience because I was already part of a group like this, and it never worked well.

The best way to organize an artificial pump is with a private group of whales that own a large amount of BTC, and are willing to allow the whole group to profit, controlling their greed to avoid disasters.
Yep, with public groups there are always some guys which step out early, causing everything to crash down, since FUD will trigger them. I've never made any profit of these P&Ds. It is a complete waste of money.


Just to add to the last post which is spot on: you do know this is completely illegal right? So why not just go steal some money from a convenience store? It'll probably be easier than this and pay off more. (I'm not saying you should. I'm just saying they're both crimes so why bother going though this trouble to commit a crime that you probably won't even be either from?)

Is it illegal to pump a coin, or is the recruiting illegal? Free market right?


Title: Re: Pump Group
Post by: jonnytracker on May 28, 2017, 12:40:36 PM
Pump group isnt illegal. Some people dont like it from bad experience.


Title: Re: Pump Group
Post by: FlamingFingers on May 28, 2017, 01:09:20 PM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  ;)
Testimonials eh? Testimonials can be easily manipulated – you can buy a guy or two to write some positive shit about your service. When I see very positive testimonials on any service (that seem to be paid), I know for sure it's a scam. Testimonials don't prove anything.

Pump group isnt illegal. Some people dont like it from bad experience.
Yes, it isn't illegal, and it's widely spread, but greed makes such groups always fail. I have been into one, but didn't really work out – you can't resist a free market.


Title: Re: Pump Group
Post by: Victorycoin on May 28, 2017, 01:58:47 PM
Pumping and dumping don't just happen out of nothing or mere wishful thinking, there is always a strong capital base behind it to be able to bring that change in price even against the tide, so the question begging for answer is, how well capitalized are you and your group to think you people could possibly offset a market?


Title: Re: Pump Group
Post by: U2 on May 28, 2017, 02:45:34 PM
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme (https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme)

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz (https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz)

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/ (http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/)

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.


Title: Re: Pump Group
Post by: dothebeats on May 28, 2017, 04:16:11 PM
I once belong to a private P&D group, and our strategy is we create our own kick-ass roadmap, get our developer in touch with the community and present some "angel" investors to the coin. Most of the time, it is a success, and to be frank I'm one of the first sellers when I know it's on its peak. I left the group and never went online since after gaining some profits off of them tards. It won't work since people won't buy in UNLESS you create a new promising coin.


Title: Re: Pump Group
Post by: SONG GEET on May 28, 2017, 04:40:45 PM
We will be choosing coin to pump by proof of fair coin selection.
Don't say you will choose doge block to determine coin to pump. I have very bad experience with http://fairpumps.net/ before which also have same system and I hope you will be quite better than them.

Many normal traders who do manual trading will get squeezed between automatic bots when pump starts and pump ends within 30 second WTF  :o


Title: Re: Pump Group
Post by: coin_flipperz on May 28, 2017, 06:05:06 PM
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme (https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme)

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz (https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz)

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/ (http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/)

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.


You would be right...But this is not a market governed by SEC. So it is quite legal :)


Title: Re: Pump Group
Post by: louisvuitoon on May 29, 2017, 04:25:07 AM
Pump group isnt illegal. Some people dont like it from bad experience.

You forgot your source moron. I have thousands would you like to see a few?

https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme (https://www.justice.gov/usao-sdny/pr/father-and-son-sentenced-manhattan-federal-court-market-manipulation-scheme)

https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz (https://www.ft.com/stream/topicsId/ZDMxODhkZjAtYmEwYS00OWMyLWJmNjUtYjQ3YWVmNTA1MzQ3-VG9waWNz)

http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/ (http://www.loc.gov/law/foreign-news/article/iceland-supreme-court-convicts-bankers-in-market-manipulation-and-fraud-case/)

It's called market manipulation and fraud. Maybe do a quick google. If you're in a gross dirt floor piece of crap country where this is legal it's probably legal to rape your wife and snort cocaine too so who cares. You won't be around much longer.


You would be right...But this is not a market governed by SEC. So it is quite legal :)

Not to mention, Cryptocurrency is not regulated by any government. It is a decentralized market. this type of thing is completely legal here. Normal laws that apply to stock markets do not apply to cryptocurrency markets.


Title: Re: Pump Group
Post by: voltesbit777 on May 29, 2017, 08:43:40 AM
I do agreed that on this kind of a group, they also give a little information about the value so I don't see any wrong with
it, in fact I can considered it as legal anyway.


Title: Re: Pump Group
Post by: valta4065 on May 29, 2017, 08:55:18 AM
Just to add to the last post which is spot on: you do know this is completely illegal right? So why not just go steal some money from a convenience store? It'll probably be easier than this and pay off more. (I'm not saying you should. I'm just saying they're both crimes so why bother going though this trouble to commit a crime that you probably won't even be either from?)

Oh really?
Didn't know this was illegal.

Though when you see the number of pump and dump groups there is no doubt they actually make money. I mean otherwise there wouldn't be so many groups!
However I don't think it's a good idea to listen to those groups...
THe only good point though is that they pump coins that you may have been holding for long. I welcome everything that will take those bags from me I'm holding for far too long xD


Title: Re: Pump Group
Post by: asyakashi on May 29, 2017, 03:19:26 PM
Pump group isnt illegal. Some people dont like it from bad experience.
My brother fell victim to the pump group, I agree. This is a game of someone who harnesses the frustrated people. Do not believe.


Title: Re: Pump Group
Post by: terrate on May 29, 2017, 03:24:05 PM
Pump group isnt illegal. Some people dont like it from bad experience.
My brother fell victim to the pump group, I agree. This is a game of someone who harnesses the frustrated people. Do not believe.

Pump group? is a shame.
dont go in.


Title: Re: Pump Group
Post by: klixion on May 29, 2017, 11:05:02 PM
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 


Title: Re: Pump Group
Post by: iamTom123 on May 30, 2017, 02:02:07 AM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
That's correct. Rarely a public pump group works in the long-term. Mainly because the manager of the group which usually is the guy who starts the pumps, probably has already bought amounts of the selected currency and will always try to profit from the new users and beginners mistakes. I can speak of this from my own experience because I was already part of a group like this, and it never worked well. The best way to organize an artificial pump is with a private group of whales that own a large amount of BTC, and are willing to allow the whole group to profit, controlling their greed to avoid disasters.

Thanks you for such a good warning. Lately, I have seen some posts along this line and for newbies (just like me) this can be very attractive as it means power to manipulate and make some money. Deep in my mind, I know that this must just another too-good-to-be-true kind of scheme and you just confirmed it. Anyway, good luck to the believers and please share your experiences later so we can learn something out of it whether good or bad.


Title: Re: Pump Group
Post by: RedX on May 30, 2017, 02:07:01 AM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  ;)

Those newbie are mostly the victims here. This is far more risky than trading by yourself. Please avoid these pump scams and do your own analysis and research on coins.


Title: Re: Pump Group
Post by: asyakashi on May 30, 2017, 04:02:28 PM
With such grups you are chaising tail. and only leader of pump is getting hard cash rest most likely will sponsor his earnngs. You will most likely loose money there.
Avoid the risk of losing your money. There should be testimonials to prove this site is working properly or not. Being cautious is better than carelessness. No success without a good learning process. Just enjoy the process and the results certainly will not disappoint.  ;)

Those newbie are mostly the victims here. This is far more risky than trading by yourself. Please avoid these pump scams and do your own analysis and research on coins.
Right, It's like a gamble ...
A good move to avoid it, many say that altcoin trade is a gamble. Only slight trade differences use analysis while gambling is luck.
And pump group just luck.


Title: Re: Pump Group
Post by: carlfebz2 on May 30, 2017, 04:22:45 PM
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
This is not surprising anymore because its really just a commonsense thing that they would really do that set-up. They do announce that they will pump a coin but behind it they are bag holders of it. You might be lucky on joining the pump but if you are careless enough then you might be holding lots of those coins after you left behind on the pump scheme.


Title: Re: Pump Group
Post by: johnwest on May 30, 2017, 05:39:56 PM
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 

These groups are the reason people are not showing interests in new coins these days. Thinking about having a profit for yourself by stealing other's money with these pumping groups is just as ridiculous as robbing a bank. Stay away from these pumping and dumping group, otherwise you will loose your investment sooner or later.


Title: Re: Pump Group
Post by: Dudeperfect on May 30, 2017, 06:33:55 PM
Sorry, but to be honest, I don't think that such pump activity is a good thing for the growth of the coin. Not because I lost my capital at my early stage of trading but it doesn't work in a moral and sustainable way. I have experienced that organic growth gives much better returns as compared to that of artificial growth so I would not recommend such artificial activity.


Title: Re: Pump Group
Post by: Supercrypt on May 30, 2017, 06:43:10 PM
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
This is not surprising anymore because its really just a commonsense thing that they would really do that set-up. They do announce that they will pump a coin but behind it they are bag holders of it. You might be lucky on joining the pump but if you are careless enough then you might be holding lots of those coins after you left behind on the pump scheme.
Yes, it is obvious that we cannot expect anyone to help us financially as everybody in this world will work on their own benefits. In my view pump group of people are just targeting another similar group of people. It is a war and who is moving fast might win and the rest may get trapped eventually. I really hate such activities and the people who are into such activities.

Because those people want some extra support from external people that is the reason they advertising themselves. They will exploit those external people's money intentionally this is the way a pump group will work in most of the cases.


Title: Re: Pump Group
Post by: Xavofat on May 30, 2017, 07:56:01 PM
I'd avoid these pump groups because by the time it starts pumping, they are already dumping on you.  They own the coin way before they announce it in the pump groups. 
I agree.

If there are legitimate pump groups, they're a few whales who are used to manipulating the price and are heavily experienced.  It's very unlikely that these groups would actually publicly announce their shady activities, so I would assume that any pump and dump website offering a group for newbies is a scam.

It would be so easy for them to just a buy a coin, then point and watch the newbies panic buy while they can safely sell out of it.


Title: Re: Pump Group
Post by: asxs_btc on May 30, 2017, 08:02:06 PM
There is a fair pump group using dogecoin hashes for choosing the pumped coin on Telegram. I haven´t checked the group entirely, so i can just repeat what they told me. Always watch out for scammy pump groups!

There is a pump everyday at the same time and i can post a link of the group if wanted.


Title: Re: Pump Group
Post by: gabmen on June 02, 2017, 10:40:22 AM
Well i can say i've benefitted a little from some of these pump groups though i'm still not sure about how it works. I know its a whole lot dangerous though i sometimes follow suit with a grain of salt hoping for a good result and so far, as per experience, i'm earning. I'm still weary of it though since its a bit too good to be true for these people to be doing this just to help others