Bitcoin Forum

Question: How powerful is bigpumpsignal's? (BPS) , Who do they work with , how much money do they need to bring up the whole market cap to almost doubled.

I'm here to seek for an powerful answer by professional's I myself have my own answer ready, But doubtfully I would like to hear some opinion from the community.

FYI: BPS, one of the most powerful Binance manipulator, they always post their signals and expected to have at least 30 to 500% gains.

It's as good as any other signals provider.
Good for the initiators, bad for the ones who follow.

It works like this:

1. Initiators announce a pump.
2. They start the pump.
3. They tell their followers to buy.
4. Coin pumps, other market participants buy as well.
5. Initiators sell the coin.
6. They tell their followers to do so.

Result:

Initiators made tons of profit whereas most followers barely made a profit, and other market participants usually sell at loss.
Better stay away from such groups.

Very good analysis for a pump group, but I'm trying to find out how "Powerful" are they as mentioned on top.

Usually a few million dollars are enough. Maybe even less. Pumped coins always have low volume and therefore can easily get manipulated.

BPS influences and indicates every time they track a good pump but I couldn't say that they're that powerful because most traders don't depend on signals. They guide their followers just like other signals and tell them whether it's the right time to buy or to sell.

I think that they need way less money for their pumps. Its usually low cap coins which are getting pumped, some of them dont even have a daily volume of 10k.

Nevertheless please stay away from such groups as far as you can. The SEC is already hunting down such groups and their members, you definutly dont want them to be after you, too.

They are just a risk taker with a great number of followers ,
And just as other stated they are pumping mostly the low market cap or low volumes to easily increase the price.
They are just hyping those crypto with their followers money of course they are the early investors.

Powerful? Are you even serious? If we are talking about pumping shitcoins yes they can do it and they are powerful to do so as they are the only ones participating the price movements. But if we are talking about big cap coins such as BTC, ETH, or even Litecoin then you will see that they are powerless and don't really have any influence in the market. They just pump shittycoins and if you don't get out in time you are stuck with that shitty coin forever.

If you are talking about manipulating small market cap coins, I believe the people behind the pump buy the coins they are going to pump in advance. This is only a small group of people who buy very cheap. Now, they have to have a huge following to whom they announce the pump. Next the pump starts, and the followers are starting to buy more and more. The price goes up quickly. As soon as the price has reached the desired level, the initiators dump their coins for huge profit. Most of the followers are left with small profit or nothing at all.

We can't consider BPS or any trading signals as powerful because most of them are just making money from their followers. The fact is, they would only be manipulating the prices depending on the number of the followers but they couldn't do it in top coins. We should get rid of signals and start to have our own observation and strategy.

Don't consider them to be powerful as the fact would shake you. They 'or any other channels except very few ones' are not doing any good to their users as they just pre-pump the coins already and then signal their users to buy in. If you are speaking here about their 'most profitable trade of the day/ week, I don't need to tell you that they already contain a bag to sell it back to their users - yes, those who follow them. The money flowing to them is not limited to the premium memberships they provide, but this is the best way for them to make a fool of their users and make a lot of extra money off them.

Sounds like someone is trying to invite people to subscribe on a signal group. I tried joining a signal group before, paid and free, they are all the same. They just take advantage of the number of people who joined the group. They buy a coin and announce that price will increase. Its only them who will earn more money, members will just get crumbs.

When you are a pumper and how powerful depends on how much money do you have to create FOMO. I think they have their own pumping group but a single big whale with double digits of millions of dollars can do anything to pump the market. Basically, you must take a look at how much sell order that already put in the market to make it double on its market cap. Mcap is only represented the whole coin that already issued by the platform.

True, those group of people/individual/organization are only capable on pumping out shitcoins.It isnt really soo much need of money to pump it out and this is
only applicable on low market coins which manipulation can really be easy. 30-500x? Its possible but very impossible with Top tier or high volumed coins.
Moving them according on what you like wouldnt cost cheap. ;D

Most of the time, they would manipulate a 10million ~ 70million market cap coin and bring them over 50%. which means they must have at least a million dollar to do so? OR to manipulate a market they would just need to buy all the sells order which can be lower.