Bitcoin Forum

With all these altcoins coming out on a daily basis now, I'm surprised no one has thought of actually creating a coin designed to be pumped and dumped.

For example; The difficulty increases slowly until the next block target, then the difficulty drops back down to 0; each "pump" would take longer after each block target, as you would need to mine x% more blocks to reach the next difficulty reset.

It's a ridiculous idea, but at least everyone will know it's a pump and dump, when the time to pump is, and when the time to dump is, and every bock halving means the process can start over, albeit more slowly each time. Which should mean bigger pumps and bigger dumps.

You could call it PumpCoin.

Even as a joke coin, I'd be interested to see if A) Anyone would even possibly bother to mine it, and B), if it could ever have any possible value whatsoever. With all the crazy suggestions out there, I just thought I'd throw one out of my own.

At least it'd be somewhat more original than all the copy clones right now.

good idea, would like to see that in action just for the lulz

lulzcoin

At least everyone will be on it being a pump and dump. I have no idea how it would behave on an exchange though. The price rise/falls would be insane.

I believe there was a pumpcoin / dumpcoin announced? Where did it go?

Would be legendary imagine the fun you could have trading that coin :D

Ask and ye shall receive.

https://bitcointalk.org/index.php?topic=389593.0

Yeah, I did see that one. The name though.. :D