Bitcoin Forum

Ok it seems like a dumb and idiotic subject, but I found something interesting about a famous scam telegram group named "Crypto Binance Trading, Signals and Pumps", it basically sets up the classic pump and dump scam on a "random" coin on Binance, but I tried to look back at some previous pumps and I found that they choose coins that exist only with a BTC pairing (they obviously want to collect as much as bitcoins they can).
So, despite the fact that at least 1000 coins are listed on Binance, if we manage to filter all the small coins having only BTC pairing we could make a list of those coins and maybe analyze if a certain one could be the next target (days before the pump we should be able to see an abnormal upward movement, meaning that the scammers have previously bought the coin).
I know it could sound stupid, but I was questioning myself if this idea could be possible or it's still a waste of time.

Most of the time pumping groups were just a typical scams there are some groups where in they will give a pump signal so the price will increase and they will sell what they're holding typically they choose coins with low volume. I think those groups is just a waste of time in my own experience it's much better if you stick with real technical analysis.

ya.ya.yo!

You are correct, most pump and dump groups chooses BTC/X pairing.

As for your second question, we still don't know what coins they are going to pump unless you followed them. So if you filter coins that have BTC/x pairing with either low or high cap, still it's going to be a wild guess on your part on what coins they are going to choose for their supposedly next pump. So still a hit or miss even if you narrow it down to just a few coins.

There are hundreds of pump and dump groups out there, if will be a big risk on your part to try and anticipate the next coin they chooses because they are a lot. And not all small coins are being pump, sometimes they pump that is on top too.

Don't get me wrong, but it is a complete waste of time in your end. Why not DYOR, at least you don't have to rely to scam groups to make money. And chances are, if you do this method, the percentage might not be in favour and you might incur losses in the end.

They are those people who know how to manipulate their sells and they know when to announce the hype so that people will gather and curious about what project they are talking about. they are one of those viruses in the crypto industry that hard to distinguished from the legit one. their strategy changes from time to time whenever their modus from the past has already busted. Therefore when someone is offering you something especially those people you don't know, don't rush to whatever they said rather you need to consider that there are some projects that don't really exist but just to scam their investors with some sweet words.