Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Heathrow on June 28, 2013, 01:34:12 AM



Title: LTC Pump and Dump
Post by: Heathrow on June 28, 2013, 01:34:12 AM
Fontas appears to be planning a LTC pump and dump.  No doubt what he's doing is pumping LTC right now with his little announcement, and wil be dumping LTC shortly.  See the brazen post here:

https://forum.litecoin.net/index.php/topic,4698.0.html


Title: Re: LTC Pump and Dump
Post by: jeannie on June 28, 2013, 01:34:45 AM
Who in the world is Fontas?


Title: Re: LTC Pump and Dump
Post by: lazydna on June 28, 2013, 01:38:35 AM
Who in the world is Fontas?

broken clock is right twice a day


Title: Re: LTC Pump and Dump
Post by: jeannie on June 28, 2013, 01:39:46 AM
Nowadays with digital clocks, twice a day is impossible


Title: Re: LTC Pump and Dump
Post by: anderl on June 28, 2013, 01:40:24 AM
Fontas appears to be planning a LTC pump and dump.  No doubt what he's doing is pumping LTC right now with his little announcement, and wil be dumping LTC shortly.  See the brazen post here:

https://forum.litecoin.net/index.php/topic,4698.0.html

And he might get caught with his pants down if he is trying to coordinate this.

https://forum.litecoin.net/index.php/topic,4733.0.html (https://forum.litecoin.net/index.php/topic,4733.0.html)


Title: Re: LTC Pump and Dump
Post by: lazydna on June 28, 2013, 01:41:51 AM
Nowadays with digital clocks, twice a day is impossible

and you've just accurately described fontas.


Title: Re: LTC Pump and Dump
Post by: ohiwastedmylif on June 28, 2013, 01:49:27 AM
I have been telling people this is the scenario for days.

LTC is not a stable investment and will crash severely after hitting GOX, if it does indeed hit GOX.


Title: Re: LTC Pump and Dump
Post by: JungleBook on June 28, 2013, 04:53:35 AM
 LTC will get more mainstream attention. More people who start in crypto will have a chance at LTC over BTC


Title: Re: LTC Pump and Dump
Post by: FiiNALiZE on June 28, 2013, 06:08:03 AM
I have been telling people this is the scenario for days.

LTC is not a stable investment and will crash severely after hitting GOX, if it does indeed hit GOX.

Yes, so they should go over to Megacoin.



Title: Re: LTC Pump and Dump
Post by: mm8000 on June 28, 2013, 06:14:13 AM
LTC will get more mainstream attention. More people who start in crypto will have a chance at LTC over BTC

Indeed.


Title: Re: LTC Pump and Dump
Post by: RandyMagnum on June 28, 2013, 06:51:15 AM
http://www.reddit.com/r/litecoin/comments/1h741v/fontas_how_to_guide_others_into_falling_victim_to/

Quote
This is his attempt at a magnum opus that leads him into retirement.

His crowning achievement is the coordination of everyone else's mistakes.

Fontas' actions are cancerous not only to cryptocoins, but also the communities around them.

Quote
The best case scenario is that he bails first during an undisclosed, quiet hour of trading and the population is left to wake up with their hearts in their stomachs; stumbling over each other to hit the life boats. The worst case scenario is that he actually does gather a cohort with deep pockets and coordinates a record dump during that undisclosed, quiet hour of the night.  You are his retirement plan, not his partner.

This is how you turn the general public off of crypto, not just one coin.

eesh

If you read his dissertation on ruining a coin, make sure to run through that thread, too.  Even the forum staff are calling it as it is, now.


Title: Re: LTC Pump and Dump
Post by: ohiwastedmylif on June 28, 2013, 07:40:45 AM
I have been telling people this is the scenario for days.

LTC is not a stable investment and will crash severely after hitting GOX, if it does indeed hit GOX.

Yes, so they should go over to Megacoin.




I never said that...


Title: Re: LTC Pump and Dump
Post by: Eb0la on June 28, 2013, 08:00:25 AM
I have been telling people this is the scenario for days.

LTC is not a stable investment and will crash severely after hitting GOX, if it does indeed hit GOX.

lol.. says a guy with a Megacoin tag.. right.. .I have 100% faith in you now! :D


Title: Re: LTC Pump and Dump
Post by: d5000 on June 28, 2013, 06:51:00 PM
Screenshots of the pump-and-dump thread taken. Will send them to Gox if Litecoin community doesn't reject the proposal. They will never accept a coin where some few try to manipulate the blockchain for a get-rich-quick-scheme.


Title: Re: LTC Pump and Dump
Post by: ecliptic on June 28, 2013, 07:46:11 PM
This explains why LTC hashrate is going up by Several MegaHash Per Day And Shows No Signs Of Stopping


Title: Re: LTC Pump and Dump
Post by: FiiNALiZE on June 28, 2013, 08:04:04 PM
Screenshots of the pump-and-dump thread taken. Will send them to Gox if Litecoin community doesn't reject the proposal. They will never accept a coin where some few try to manipulate the blockchain for a get-rich-quick-scheme.

LOL alright you go do that and waste your time.

Why don't you also ask Gox to add Sexcoin while your at it?


Title: Re: LTC Pump and Dump
Post by: jeannie on June 28, 2013, 11:56:21 PM
Can ask that Fontas to pump and dump Porncoin too? :)  I got tons