Title: Altcoin pump & dump group Post by: subwoofer12 on June 30, 2017, 06:55:39 AM Alts to the Moon - Pump Group
https://i.imgur.com/HwfdwIv.jpg I'm trying to find a few other people to add to my Slack group who'd be interested in pumping some low volume (<2 BTC) altcoins. Our group is primarily made up of former FairPumps (https://twitter.com/you_pump) members. FairPumps used to be one of the largest groups for pump and dump but the admins disappeared and their website (http://fairpumps.net/) has gone offline. The pumps we'll be doing will be longer than what's usually typical, the plan is to slowly raise the price over a day and half, exchanges we'll be using are YoBit and Cryptopia I'm not looking for very many members, 75 at most, trying to keep this group relatively small No fee to join, I'm just asking that each member have around 0.15 BTC to invest If you'd like an invite just PM me with your answers to this questionnaire 1. Do you have at least 0.15 BTC you'd be willing to invest? 2. Do you have any experience trading Bitcoin? 3. Do you have any experience trading/pumping altcoins? How this group works I'm still working on the best way to make this as fair as possible, here's what I'm thinking so far 1) I'll give all members 24 hours notice that I plan on announcing a coin the next day 2) I'll announce the coin, the rule will be no member can buy-in at least 30 minutes after the announcement, this gives members time to discuss, if the majority of the group doesn't like the coin I picked, we'll cancel the current pump. Also, this will prevent 'sharks', if we see a giant buy wall appear, we'll cancel the pump, these will all be alts with quite small volume so it should be quite easy to figure out who in the group caused the giant buy candle 3) If the group agrees on the coin and no buy wall appears, we'll proceed with the pump. I'll set maximum price targets for the hour and instruct members to start buying in slowly* *We do want to raise the price of the altcoin RELATIVELY quickly, but at the same time we don't want this to be a pump that only lasts 10 minutes where everyone loses, like I mentioned earlier we'll attempt to push the price higher for around 1.5-2.5 days 4) I'll set the time for members to start selling the coin off (also slowly, not all at once), in theory by this time enough investors from outside the group will have bought in also, so we'll be dumping on them not other group members To elaborate more on the process to begin selling, members will be free to exit the market at any time they wish (provided they don't dump all at once), but the guideline will be wait until the sell time is announced, also I will set an 'absolute time' what this means is all members are free to dump the coin after this date, provided for some I'm unable to get online to announce a sell time, as an example a schedule could look like this July 4 - Post announcement to group that coin will be announced at 7PM EDT July 5 July 5 - Announce coin, begin pumping July 6 - Pump July 7 - Pump July 8 - Announce that sell period is coming soon (market begins plateauing) July 9 - I announce sell period, All members begin to sell slowly July 10 - July 11 12PM - Anyone still holding the coin is free to dump at any price Title: Re: Altcoin pump & dump group Post by: ridery99 on June 30, 2017, 06:58:18 AM Contact Bob
Title: Re: Altcoin pump & dump group Post by: indika on June 30, 2017, 07:03:08 AM Title: Re: Altcoin pump & dump group Post by: subwoofer12 on June 30, 2017, 07:04:12 AM I have no clue lmao Title: Re: Altcoin pump & dump group Post by: Mieehayii on June 30, 2017, 08:12:08 AM How do you explain that you are not another scam?
At least for now, your blueprint is like a scam. Title: Re: Altcoin pump & dump group Post by: DGulari on June 30, 2017, 08:41:14 AM I have no clue lmao Personally, i think pump&dump group is another way to scam people. You will pump a shitcoin and once other people bought the shitcoin which you have pumped before, you will dump it then they will lose their money. Of course you can only make pump/dump in shitcoin. Title: Re: Altcoin pump & dump group Post by: SomethingMAD on June 30, 2017, 09:47:28 AM I have no clue lmao Personally, i think pump&dump group is another way to scam people. You will pump a shitcoin and once other people bought the shitcoin which you have pumped before, you will dump it then they will lose their money. Of course you can only make pump/dump in shitcoin. Title: Re: Altcoin pump & dump group Post by: anylic on June 30, 2017, 11:46:54 AM I think this does not depend on any group, the market is determined based on the psychology of investors
Title: Re: Altcoin pump & dump group Post by: Bored Logic on June 30, 2017, 11:52:33 AM pump and dump are scams . most of pajeets and che chang chings dumping their assets on poor fellas
Title: Re: Altcoin pump & dump group Post by: xhienigat on June 30, 2017, 12:38:33 PM I have nothing against the pump and dump groups but if you don't want to blame others because the coin you invested in didn't pump up then I suggest you just stick to your instincts instead of riding what others had to say.
Title: Re: Altcoin pump & dump group Post by: subwoofer12 on June 30, 2017, 09:31:19 PM How do you explain that you are not another scam? At least for now, your blueprint is like a scam. Well to start with
I'm still working on the best way to make this as fair as possible, here's what I'm thinking so far 1) I'll give all members 24 hours notice that I plan on announcing a coin the next day 2) I'll announce the coin, the rule will be no member can buy-in at least 30 minutes after the announcement, this gives members time to discuss, if the majority of the group doesn't like the coin I picked, we'll cancel the current pump. Also, this will prevent 'sharks', if we see a giant buy wall appear, we'll cancel the pump, these will all be alts with quite small volume so it should be quite easy to figure out who in the group caused the giant buy candle 3) If the group agrees on the coin and no buy wall appears, we'll proceed with the pump. I'll set maximum price targets for the hour and instruct members to start buying in slowly* *We do want to raise the price of the altcoin RELATIVELY quickly, but at the same time we don't want this to be a pump that only lasts 10 minutes where everyone loses, like I mentioned earlier we'll attempt to push the price higher for around 1.5-2.5 days 4) I'll set the time for members to start selling the coin off (also slowly, not all at once), in theory by this time enough investors from outside the group will have bought in also, so we'll be dumping on them not other group members To elaborate more on the process to begin selling, members will be free to exit the market at any time they wish (provided they don't dump all at once), but the guideline will be wait until the sell time is announced, also I will set an 'absolute time' what this means is all members are free to dump the coin after this date, provided for some I'm unable to get online to announce a sell time, as an example a schedule could look like this July 4 - Post announcement to group that coin will be announced at 7PM EDT July 5 July 5 - Announce coin, begin pumping July 6 - Pump July 7 - Pump July 8 - Announce that sell period is coming soon (market begins plateauing) July 9 - I announce sell period, All members begin to sell slowly July 10 - July 11 12PM - Anyone still holding the coin is free to dump at any price As I mentioned this is just a rough draft, I'm still brainstorming still, but essentially this is how I plan on managing the group Hopefully that answers some of your questions ;) Title: Re: Altcoin pump & dump group Post by: subwoofer12 on July 03, 2017, 04:49:54 AM Bump, still looking for members
Title: Re: Altcoin pump & dump group Post by: CryptoMensch on July 03, 2017, 05:14:52 AM what I have seen in many long pumps is that it becomes a short pump frenzy hahah
Title: Re: Altcoin pump & dump group Post by: Liquid71 on July 03, 2017, 06:49:13 AM Contact Bob bobsurplus the most famous pump and dumper, coinflipper on twitter. Makes me feel old being only one in this thread knowing who you are talking aboutProblem with pump and dump groups is eventually greed takes over and the guy at the top will get everyone's money. You have to completely trust everyone in the group especially the guy calling the shots. You guys might make some money but you'll lose it all back to the guy calling the shots... Title: Re: Altcoin pump & dump group Post by: SiMoon23 on July 03, 2017, 08:07:08 AM if there were just made as an effort to pump the coins in real world...
Title: Re: Altcoin pump & dump group Post by: indika on July 03, 2017, 03:15:34 PM Contact Bob bobsurplus the most famous pump and dumper, coinflipper on twitter. Makes me feel old being only one in this thread knowing who you are talking aboutProblem with pump and dump groups is eventually greed takes over and the guy at the top will get everyone's money. You have to completely trust everyone in the group especially the guy calling the shots. You guys might make some money but you'll lose it all back to the guy calling the shots... yes you are correct but in the crypto world there is more pump and dump groups if we do not engage with them we can be looser too Title: Re: Altcoin pump & dump group Post by: subwoofer12 on July 04, 2017, 04:32:58 AM what I have seen in many long pumps is that it becomes a short pump frenzy hahah That's what I'm hoping rule 2 will prevent xP 2) I'll announce the coin, the rule will be no member can buy-in at least 30 minutes after the announcement, this gives members time to discuss, if the majority of the group doesn't like the coin I picked, we'll cancel the current pump. Also, this will prevent 'sharks', if we see a giant buy wall appear, we'll cancel the pump, these will all be alts with quite small volume so it should be quite easy to figure out who in the group caused the giant buy candle Title: Re: Altcoin pump & dump group Post by: jennywhzz on July 09, 2017, 09:57:56 AM well this is the new Cash for Gold scam out there basically we've seen on this very page of 100 new threads the terms “pump-and-dump groups” twice .this is something that's out of control, this is something that needs to be gotten under control and either ignored to the point where these people fade away. what a pump and dump group does is negated by advertising the facts publicly.
Title: Re: Altcoin pump & dump group Post by: Fatunad on July 09, 2017, 11:03:09 AM Contact Bob bobsurplus the most famous pump and dumper, coinflipper on twitter. Makes me feel old being only one in this thread knowing who you are talking aboutProblem with pump and dump groups is eventually greed takes over and the guy at the top will get everyone's money. You have to completely trust everyone in the group especially the guy calling the shots. You guys might make some money but you'll lose it all back to the guy calling the shots... yes you are correct but in the crypto world there is more pump and dump groups if we do not engage with them we can be looser too Title: Re: Altcoin pump & dump group Post by: JohnBitCo on July 09, 2017, 04:49:56 PM Contact Bob bobsurplus the most famous pump and dumper, coinflipper on twitter. Makes me feel old being only one in this thread knowing who you are talking aboutProblem with pump and dump groups is eventually greed takes over and the guy at the top will get everyone's money. You have to completely trust everyone in the group especially the guy calling the shots. You guys might make some money but you'll lose it all back to the guy calling the shots... yes you are correct but in the crypto world there is more pump and dump groups if we do not engage with them we can be looser too They would be shooting themselves in the foot, the idea of the pump dump is so the people don't know what's going on before it happens you start telling people when it's going to happen, you start telling people why it's going to happen and no one will be there to make it worth happening. Using your own mind to trade is better sometimes than to trade with a Group. Title: Re: Altcoin pump & dump group Post by: CitizenEra5ed on January 20, 2018, 08:12:22 AM Hi Subwoofer, sorry for bumping an old thread.
I’m looking to get into a p&d group. Are you still recruiting members? Get back to me ASAP please. Regards c Title: Re: Altcoin pump & dump group Post by: subwoofer12 on January 22, 2018, 06:24:16 PM Hi Subwoofer, sorry for bumping an old thread. I’m looking to get into a p&d group. Are you still recruiting members? Get back to me ASAP please. Regards c Yes, we're trying to recruit again, shoot me a PM! Currently there's 20 members in the group, we're aiming to get at least 50 members before doing a pump Title: Re: Altcoin pump & dump group Post by: subwoofer12 on January 26, 2018, 08:45:58 PM Bump
|