Bitcoin Forum

Economy => Speculation => Topic started by: Turagsoy02 on March 13, 2018, 03:21:45 AM



Title: Is Bitcoin a pump and dump scheme?
Post by: Turagsoy02 on March 13, 2018, 03:21:45 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Title: Re: Is Bitcoin a pump and dump scheme?
Post by: serizawax on March 13, 2018, 03:32:28 AM
Yes indeed this is a consequence of bitcoin, especially if bitcoin is widely used as a means of payment, the price will be very high. The scheme as you said before, it will go on forever while bitcoin is still used for investment, but with the mature strategy of the investors, they can benefit greatly from bitcoin without fearing the risks.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dapper on March 13, 2018, 03:40:50 AM
Maybe and maybe not.   For it to be a 'scheme' there needs to be people with a large volume of bitcoins.   Just like penny stocks and how some particular stocks are at times controlled by organized crime.   Yes, there are people with large tranches of btc and other cryptos and it's actually quite simple and easy to start rumors that can indeed affect the market like the butterfly effect, but this is also true for any traditional securities market as well.       

Separate from this are people who randomly 'pump' or 'dump' btc or any other crypto with positive or negative 'fake' news or predictions, but these are typically people with very little stake in crypto... they are often people who just are hoping for it to go up, or who are bitter or angry from past crypto losses or generally poor financial situations in their own lives. 


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on March 13, 2018, 03:55:32 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.What do you think ?

Yes, what you have written applies to Bitcoin 100%.

Bitcoin has been choosen my rich scammers/millionaires as a means to enter the billionaires club by doing nothing. HSBC was involved in $100,000,000,000 money laundering scam so $50 billion for a pump and dump scheme/ponzi looks highly possible.

Invest $10,000,000,000 illegal money, all those technology talks and hype/dreams. Bitcoin $1 to $10,000 in 9 years says everything (super-HYIP)

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Title: Re: Is Bitcoin a pump and dump scheme?
Post by: pooya87 on March 13, 2018, 04:01:40 AM
there is traces of manipulation in any market but just because manipulation happens you can not call it pump and dump. a pump and dump is for something that is purely manipulation and zero real demand. and bitcoin has a lot of real demand. it is still THE decentralized money without competition and the real demand means it will not be pumped and dumped.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dapper on March 13, 2018, 04:15:33 AM
Also quite true.   Penny stock pump and dumps are selling stocks in something people have no utility for.   Btc clearly has a utility.    (it definitely does for me anyway)


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Turagsoy02 on March 13, 2018, 04:56:29 AM
Maybe and maybe not.   For it to be a 'scheme' there needs to be people with a large volume of bitcoins.   Just like penny stocks and how some particular stocks are at times controlled by organized crime.   Yes, there are people with large tranches of btc and other cryptos and it's actually quite simple and easy to start rumors that can indeed affect the market like the butterfly effect, but this is also true for any traditional securities market as well.       

Separate from this are people who randomly 'pump' or 'dump' btc or any other crypto with positive or negative 'fake' news or predictions, but these are typically people with very little stake in crypto... they are often people who just are hoping for it to go up, or who are bitter or angry from past crypto losses or generally poor financial situations in their own lives. 

 Agreed ,It’s very unlikely Bitcoin fits this description because Bitcoin offers value as a form of money using the, Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party. Bitcoin is the first payment system to accomplish this.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Andrey123 on March 13, 2018, 05:01:40 AM
Bitcoin became very vulnerable to news.
This is used by hackers and move the course.
This is very bad, from the idea of the Nakamoto group there is no trace left.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: A Feeder on March 13, 2018, 05:03:28 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


I cannot surely agree with this. Also, bitcoin cannot be compared to commodity because it has no value from the start. If what you are referring to is the bubble, I do not believe that because an entity that has a high price must also experience its pitfall. Those investors should be aware of what they are investing so that if ever it is a scheme, they can avoid it.
 


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Rainmaker45 on March 13, 2018, 05:07:24 AM

BTC is not a pump and dump scheme, to me the technology behind it is great, it can be seen as asset, means of payment some of this tokens are involved in medicals and other area of value.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: goku21 on March 13, 2018, 05:16:39 AM
bitcoin sometimes increases and sometimes it drops because maybe those who sell their bitcoin and sell boards because they are hearing it out to others who are dropping the price so they panic they sometimes


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: vv181 on March 13, 2018, 05:22:43 AM
Bitcoin has a tremendous volume the biggest over all of the cryptocurrency, but it does not close the possibility of manipulation, imagine a combined whales manipulation could make a significant move in the markets. Bitcoin doesn't like other cryptocurrencies who is prone to the p&d scheme, but it still a highly volatile assets.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: 0t3p0t on March 13, 2018, 05:25:23 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


For traders yes it is a pump and dump but it is not really the main purpose of Bitcoin. Bitcoin is a digital currency that aims to be a new payment system but unfortunately turns into an investment trend nowadays. Majority of the people in the community makes Bitcoin as an investment and minority of those were using Bitcoin for payment worldwide. I usually use Bitcoin for buying prepaid loads for my data connection because I am living far from the city where data connection is only used here in remote areas so Bitcoin helps me with that  smooth and fast transaction.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: BillCoin on March 13, 2018, 05:26:58 AM
It's not a pump and dump scheme as bitcoin itself has a true value, it's value is the ability to transfer funds worldwide on a very secure network at almost no cost.
It's not like the past bubbles that had a value just because people gave them the value, but they didn't have anything that actually represents a fair value.
I believe that bitcoin is being used for pump and dump because it has a low market cap compared to other financial assets.
It's still new to have it's price determined.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Kakmakr on March 13, 2018, 05:58:08 AM
The same things that are done with penny-stock trading, is also being done with Bitcoin. The people with the deep pockets will manipulate the penny-stock market and people will invest on the dip and sell when the price is high.

Bitcoin is no different, because there are also Bitcoiners with deep pockets. They will use their fiat reserves to pump the price and also dump some coins to drive the price down. This happens in all markets where there are a unequal distribution of a commodity or shares. <or when there are people with deep pockets>


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Bervelukan on March 13, 2018, 06:07:49 AM
I also thought of you that bitcoin has a pump and dump scheme that results in some members losing and some making a profit, but basically bitcoin has increased in price every year.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: angelaurum on March 13, 2018, 06:13:09 AM
yes it is a pump and dump scheme
its a very complicated well instructed money laundering ponzi scheme that is hiding itself as a payment system

that's why the owner himself made himself anonymous


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: AGD on March 13, 2018, 06:18:22 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Basics of general trading. Applies to everything that is beeing traded.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Turagsoy02 on March 13, 2018, 06:25:16 AM
The same things that are done with penny-stock trading, is also being done with Bitcoin. The people with the deep pockets will manipulate the penny-stock market and people will invest on the dip and sell when the price is high.

Bitcoin is no different, because there are also Bitcoiners with deep pockets. They will use their fiat reserves to pump the price and also dump some coins to drive the price down. This happens in all markets where there are a unequal distribution of a commodity or shares. <or when there are people with deep pockets>

So its likely they are controlling the price of btc so they can sell what ever they want and buy anytime they want .


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: kabelpeggek on March 13, 2018, 07:37:45 AM
well you are 100% correct on this, it is a common strategy in use to attract investors, and wonder why so many people who trust bitcoin, but this kind of thing has happened very often.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: mc.craigsvictor on March 13, 2018, 08:27:08 AM
every financial instrument have its own speculation. so it think it can pump and dump . but its also true btc all ready gained too much popularity and highest market cap .


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Denker on March 13, 2018, 08:41:49 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?




Pump and dump happens with many, lets be honest, coins who have absolutely no use case, and just exist for a short term to take the money from all the newbies who believe this will be the next thing or think they can ride the pump wave without getting hurt.
Bitcoin has some serious use cases and there is no reason to play a pump and dump game with it. Sure there are rich fiat money lovers who try to manipulate the BTC market but this is always just temporarily. Look at the long term chart. The trend is up since 9 years, with some crazy how and low swings, due to a still extremely low marketcap compared to traditional assets.
But with the years BTC will keep growing to trillions of USD and then these swings will get smaller. Another reason is that more and more people realize that holding Bitcoin is far profitable and useful than dumping it for USD, Euros or Yen for instance. Acting as a store of value therefore is a very powerful use case.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: pawanjain on March 13, 2018, 01:15:42 PM
It can't be a pump and dump scheme. You can call it  a bubble or a tulip mania but it can surely not be a pump and dump scheme.  A pump and dump is something when large group of people starts buying an asset at the same time and create a massive pump in price in a short time. In case of Bitcoin the price is although increasing but it is taking a good time since we have been waiting for so many years for BTC to reach at this level. Bitcoin has been dumped many times because there are many early investors who have the majority of the supply and many other times it was dumped due to panic and FUD but that doesn't mean it is a pump and dump.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on March 13, 2018, 01:44:04 PM
well you are 100% correct on this, it is a common strategy in use to attract investors, and wonder why so many people who trust bitcoin, but this kind of thing has happened very often.

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Title: Re: Is Bitcoin a pump and dump scheme?
Post by: drm on March 13, 2018, 01:59:42 PM
Bitcoin has become too big for a pump and dump scheme.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: StevenPop on March 13, 2018, 02:37:40 PM
Nah not at all. Yes it does seem like the market is pumped at times but look at any other market and you'll likely see the same pattersn as you are seeing now. Bitcoin is a good market although it is still finding it's footing but it has a lot of potential and with new regulations coming in, I believe there will be a stable market in the near future.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on March 13, 2018, 07:38:13 PM
Agreed ,It’s very unlikely Bitcoin fits this description because Bitcoin offers value as a form of money using the, Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party. Bitcoin is the first payment system to accomplish this.

$1,000 to $20,000 in 2 years.

$20,000 to $6,500 in 4 months offers what kind of value  ??



Title: Re: Is Bitcoin a pump and dump scheme?
Post by: mahibul49 on March 13, 2018, 07:58:08 PM
before saying bitcoin a pump dump.do some analysis on google and read what crypto expert say about bitcoin.
bitcoin mining cost around 2k usd .so think what is the potential of bitcoin and then say something about bitcoin.
currently bitcoin gooing through a correction zone and it will increase more and more.its buying time.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: rockie87 on March 14, 2018, 04:48:42 PM
I don't agree that bitcoin is pump and dump scheme.These price fluctuations are normal and can happen with any coin or stakes in any market.The prices are not overly increasing or decreasing rather it is gradual dip.Every time the prices gets the big correction the people tends to go negative rather thinking of making something out of every situation that they get.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on March 14, 2018, 06:43:47 PM
I don't agree that bitcoin is pump and dump scheme.These price fluctuations are normal and can happen with any coin or stakes in any market.The prices are not overly increasing or decreasing rather it is gradual dip.Every time the prices gets the big correction the people tends to go negative rather thinking of making something out of every situation that they get.

The company had promised up to 40% returns on investments the police further claimed. The gang has duped the investors of over Rs 300 crores. We are verifying the documents,” a police officer was quoted as saying by News 18.

Rahul Dravid, former Indian cricket team captain, alongside badminton icons Saina Nehwal and Prakash Padukone are among the high-profile individuals who have been allegedly tricked by a Bengaluru-based Ponzi scheme, according to News18. The high profile athletes are among 800 others, including well-known figures from the field of art, cinema, politics and commerce; all of whom seem to have been deceived by a firm called Vikram Investment Company according to the Bengaluru City Police.

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Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Washball on March 14, 2018, 07:09:52 PM
Bitcoin is not a pump and dump scheme, we all agree on that. But of course there are investors trying to manipulate the price, whales for sure will pump and dump. When the price increased to 29K mid December last year, it was because lots of people stepped in, trying to make a profit. Now the price is declining, it's because people now have lost interest.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: djsugar on March 14, 2018, 09:23:16 PM
Although other coins like Ripple are more of a pump and dump scheme, BTC isn't as highly manipulated. There are whales who occasionally pump and dump this coin, but, not as frequently.
The market is very volatile as of now and there are definitely people around it who are manipulating it.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: andreijoaquin on March 14, 2018, 09:48:59 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


probably yes but I'm sure investors and other big names has something to do woth manipulations of crypto prices. It is the nature of cryptos to pump and dump as this what makes them a good investment and its popularity is actually based on the assumption that this kind on investment can give so much return from its pump and dump scheme or whatever.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: smith136 on March 14, 2018, 09:53:33 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


Only whales can manipulate the price of bitcoin but since trading of bitcoin and cryptocurrencies are worldwide i don't think a single whale can manipulate it but only influence. So my conclusion is that bitcoin is not a pump and dump scheme anymore bacause of its vast market, it can be done on some other coins but not anymore on top coins.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: uchiha_madara on March 14, 2018, 10:06:20 PM
what do you want to expect from Bitcoin if it's a stable price, do not expect Bitcoin prices to be stable and correct I think up or down its price Bitcoin is a game


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Viscera on March 14, 2018, 10:53:50 PM
It's not a pump and dump scheme but obviously this are the people who manipulate the system they are the whales of bitcoin. I'm pretty sure you can mae alot of money on bitcoin especially if you going to hold it for long term.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Kidmat on March 14, 2018, 11:10:31 PM
what do you want to expect from Bitcoin if it's a stable price, do not expect Bitcoin prices to be stable and correct I think up or down its price Bitcoin is a game
It should not be stable price is volatile in a daily market. It is the most reasons why investors involve in bitcoin because of swing increase of prices. It is not a dump and scheme the flow of market is very volatile.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: shesheboy on March 14, 2018, 11:17:12 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


probably yes but I'm sure investors and other big names has something to do woth manipulations of crypto prices. It is the nature of cryptos to pump and dump as this what makes them a good investment and its popularity is actually based on the assumption that this kind on investment can give so much return from its pump and dump scheme or whatever.

no , bitcoin is not a pump and dump coin because bitcoin has a real time usage and purpose unlike to some real pump and dump coin that dont have a real purpose on why they are built other than a pump and dump scheme. bitcoin is a high volatile coin that is the main reason why its value fluctuate too much and that is also the reason why it is mistaken as a pump and dump coin. but sometimes it does actually manipulated by whales and other group of powerfull people.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: maaydin on March 14, 2018, 11:20:09 PM
this scheme in my opinion happened in December where we saw a surprise increase and a huge pump of all the market and after a top the coins were sold, a lots of coins than were dumped.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: SUDARMONO on March 14, 2018, 11:55:31 PM
I also think as with what you are thinking, it's just like a game by big investors with lots of bitcoin, with big sales by investors making bitcoin prices slump and vice versa, and this is sure to happen again and again every year.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Manc89 on March 15, 2018, 12:02:43 AM
Also quite true.   Penny stock pump and dumps are selling stocks in something people have no utility for.   Btc clearly has a utility.    (it definitely does for me anyway)

I dont think its true after bitcoin can be used as currency online and offline.
But for now, this is whales game make pump and dump. Actually i dont like this pump and dump but i am waiting for the lighter future for bitcoin.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: hakertajniak on March 15, 2018, 03:19:06 AM
Not really. Bitcoin is not a pump and dump scheme. Sometimes bitcoin price may increase and decrease rapidly.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: carlnguyen on March 15, 2018, 03:25:17 AM
i think with the brand new market like cryptocurrency market, which capitalisation is very low, it is totally under control of sharks, who hold a huge amount of coin


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dapper on March 15, 2018, 03:28:50 AM
Well, it's the nature of the world.   There is a food chain and the goal is not to be at the bottom.   


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on March 15, 2018, 05:48:37 AM
this scheme in my opinion happened in December where we saw a surprise increase and a huge pump of all the market and after a top the coins were sold, a lots of coins than were dumped.

Now $7,800. Bitcoin looks like a dump scheme.  ;D


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: yj300316 on March 15, 2018, 07:12:54 AM
Yes it is not a pump and dump scheme. because if it was a pump and dump, bitcoin would dead in the past.
but now, bitcoin still exist. it is the proof that bitcoin is not a pump and dump scheme.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: bitcoinpeople1 on March 18, 2018, 02:09:28 PM
No bitcoin is not a pump and dump scheme which is why it has such value. Although it's highly susceptible to pump and dumps though.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dmitry.Vastov on March 18, 2018, 05:09:25 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


BTC is a kind of investment and every investment is susceptible to pump and dump but BTC is not like any other chit fund company who claims to double ur money and then flew away. BTC is an very big investment and I guess this is the biggest achievement of SATOSHI NAKAMOTO. BTC has provided employment to millions of people and many people rely on BTC. Though the valuation is deflating now a days but this is also very sure that it will also inflates and will give you the profit but just wait for the right time


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: adriaymati58 on March 19, 2018, 09:38:47 AM
Bitcoin was well thought and designed and just seeing the technology beyond bitcoin you can see for yourself that it is a good thing and not at all a scheme


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: jeremypwr on March 19, 2018, 09:41:56 AM
You gotta be kidding me.  LOL   
There may be some, umm, "insider trading" as a few people control the majority of the share, but if you're asking about a correlation between BTC and shady ICOs then the answer is HELL NO!
Furthermore, if you have any doubt whatsoever, which it sounds like you may, then BTC might not be the right space for you.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: alekseidanilov0803 on March 31, 2018, 04:54:55 AM
In the course of the experiment on hacking a test purse in Coinbase, researchers had only minimal information about the victim


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: AH_Robin on April 01, 2018, 05:30:04 AM
Truly in reality this is a result of bitcoin, particularly if bitcoin is generally utilized as a methods for installment, the cost will be high. The plan as you said previously, it will go on perpetually while bitcoin is as yet utilized for venture, yet with the develop methodology of the financial specialists, they can profit significantly from bitcoin without dreading the dangers.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: tonmoycrypto on April 01, 2018, 05:49:52 AM
Every financial  instrument have its own pump and dump . BTC is not a pump and dump scheme if you think that then  you dont know properly . Yes so many speculation behind the btc price becuase of its value . If you chek the past 3 years btc graph i think you will be clear .


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Escf4 on April 01, 2018, 05:56:25 AM
We can not say how you and others say about bitcoin , in the pump and dump sheme , it is nearly the same as the buy and selling scheme , so it is your choice on how to portray bitcoin ,I am not psrticular of what characteristic you say about bitcoin as long as you are not in the losing end but in the gain.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: DRVX on April 24, 2018, 09:05:50 AM
Not really. Bitcoin is not a pump and dump scheme. Sometimes bitcoin price may increase and decrease rapidly.
This is not because pump and dump, but simply because bitcoin market is volatile.
There are many factors that can affect bitcoin price in the market.

I will also never call Bitcoin a scheme. It is the coolest cryptocurrency that has the highest volatility. wise traders use this characteristic to earn money on it, that is why BTC will always have ups and downs.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Corsicoin on April 24, 2018, 09:13:28 AM
On every market you have pump and dump.
Something special about Bitcoin is the spread around the world.
That makes it unique and there will alwys be people holding it. For different reasons.
So it's gonna level up the price every year, for sure.

Be patient! In satoshi we trust


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: tegarp90 on April 24, 2018, 09:25:15 AM
I don't think so, since many countries already going to support bitcoin.
And it makes a lot new investors to invest here


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: PilosopongTacio on April 24, 2018, 09:29:44 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?





I dont think so, pump and dump strategy affects only small time investors and beside it would have to be a thousand millionaire investors to pull these kind of schemes just to take effect.
The only problem is, if you happen to sell bitcoin at a wrong time.
Then that would seems like a pump and dump scheme effect.
Anyway,people are holding bitcoins because they are waiting for the right time to sell. I believe thats the reason why bitcoin is constantly changing.. Obviously, supply and demand is the reason.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Gadhoh on April 24, 2018, 09:50:30 AM
of course this action is usually done not because there are certain events or bases, so sometimes misleading or exaggerated. The traders who do this buy Bitcoin in very large volumes, causing other traders to panic and also buy Bitcoin so the price is higher.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: fanBit101 on April 24, 2018, 10:00:06 AM
Yes, according to me this is true. Because in a decentralized market, value is magnified by popularity. They often refer to whales, "bosses" about mining. These are the ways to cause explosions of great mass and great influence on the market. After Mtgox discharged bitcoin, we have seen a reaction that has made the price drop dramatically.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: neerajmittaljii on April 24, 2018, 10:05:06 AM
Bitcoin has a tremendous volume the biggest over all of the cryptocurrency, but it does not close the possibility of manipulation, imagine a combined whales manipulation could make a significant move in the markets. :)


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: oginiimaoyani on April 24, 2018, 10:05:16 AM
Bitcoin is not a pump and dump scheme it is a digital currency and it is an investment that many has benefited from it and many are still benefiting.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: wer9d25gqj on April 24, 2018, 10:35:11 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?





Yes, many had schemes like this, they saw that crypto are very volatile for a currency. They uses that strategy as a getaway method so it wont be a scam but Its the people that are implementing these schemes its not what bitcoins are made for. Its for anonymous and fast transactions.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: unexecuted on April 24, 2018, 10:55:39 AM
I am also thinking about this pump and dump a lot of time and I think that it easily can be reality


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: bitfocus on April 24, 2018, 10:55:54 AM
see, there are 3 types of people in any investment market

1 - the smart people who only risk their own extra money speculating a profit and a loss that they can cover up

2 -greedy and foolish people who have no basic knowledge of investment and they are not willing to take any risk - they just want to make some money without any risk depending on some rumors, and the most stupid thing they do is, they trust any scam without using their brain even a little. eventually, they just lose the money they invest in scams or manipulated market - which means, they lose their money, their mortgage, pension, property or tuition fees etc. these people can be taken as stupid gamblers with no idea about their card-value.

3 - scammers and whales - they take advantage of type 2 people and manipulate the market

so, type 3 people make money from the foolishness of type 2 people - type 1 always stays safe as they use their own money, they can wait and they are willing to take risks.

and then, after losing money, type 2 people start nagging and spreading bad shits about that Investment - which is Bitcoin we are talking about.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Bezobraznike on April 24, 2018, 11:02:36 AM
see, there are 3 types of people in any investment market

1 - the smart people who only risk their own extra money speculating a profit and a loss that they can cover up

2 -greedy and foolish people who have no basic knowledge of investment and they are not willing to take any risk - they just want to make some money without any risk depending on some rumors, and the most stupid thing they do is, they trust any scam without using their brain even a little. eventually, they just lose the money they invest in scams or manipulated market - which means, they lose their money, their mortgage, pension, property or tuition fees etc. these people can be taken as stupid gamblers with no idea about their card-value.

3 - scammers and whales - they take advantage of type 2 people and manipulate the market

so, type 3 people make money from the foolishness of type 2 people - type 1 always stays safe as they use their own money, they can wait and they are willing to take risks.

and then, after losing money, type 2 people start nagging and spreading bad shits about that Investment - which is Bitcoin we are talking about.


   Greedy and foolish people are the ones who want to earn a lot of money in very short period of time. Foolish people risk money they cannot
afford to lose, they risk all-in`s many times. Investments does not work like that, you need to know what are you doing and to give it a time.
   Bitcoin is not pump&dump scheme. Bitcoin is on the market and it is vulnerable there due manipulations. Type 1 and 3 with a lot of money
can affect market with their trade`s. Bitcoin price is fluctuating cause of that. Investor on long-run like I am know`s that and we just keep
our Bitcoins safe. In term`s of rise Bitcoin preformed rise from 0 to where we are know in less then 10 year`s, bear that in mind.
   What you think about price in 2028? I would like to keep my Bitcoin`s until then, do you believe that Bitcoin price in 10 years from now can
reach $100k, or more?


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: galkinig on April 24, 2018, 11:29:52 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



It is not a pump and dump scheme, otherwise it would not have survived for 8 years. Now the real price might be questionable as there is huge manipulation sometimes because of no regulation.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: bungutko on April 24, 2018, 11:56:01 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



It is not a pump and dump scheme, otherwise it would not have survived for 8 years. Now the real price might be questionable as there is huge manipulation sometimes because of no regulation.

In my understanding, I would have to disagree that bitcoin is pump and dump however in reality, many people are doing it. Buying during bear market and once back even for a short period , selling bitcoin at a much higher than the price from the time it had bought. But in my views, good investment should be done in longer period giving much time for bitcoin to soar high and then later decide if you will sell from there.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: avdeeva on April 24, 2018, 11:59:46 AM
Do you think that a pump and dump scheme can survive for so long. It has got real use like it is being used as a payment system.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: 3angel84 on April 25, 2018, 03:17:27 AM
Bitcoin is real digital currency,the pump and dumps I think is on how this Bitcoin struggling the shcheme that we always heard.This can be divided into two perspective too,there are people who used it to have a bundles of profit and there are also who used Bitcoin as digital currency and the pumps and dumps is in the other side of it.my own idea bro.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: hadveach on April 25, 2018, 03:28:18 AM
I think operators are not part of people who control bitcoin prices, they can not control the price and cannot make a bitcoin price game.

these bitcoin fluctuations are influenced by spreading, volume and also trading in the market.
if the operator is the one who controls the bitcoin price, then the operator will not make dumping. because if dumping, he will experience great loss, and even the crypto world will not last long.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dudeperfect on April 26, 2018, 05:47:14 PM
I can understand the concern of the OP because there was the involvement of the big whales and institutional investors in the market which caused turbulence in price in last 6 months but Bitcoin is not a pump and dump scheme even if some aristocrats are trying to do it in order to earn profits. It is true that most of us are involved in earning from speculation but I guess that it is out of uncertainty of the future. Bitcoin is much bigger than the speculation and I believe that we will explore the hidden potential of it in the coming years.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: achsan fauzy on April 26, 2018, 06:08:46 PM
this is the weakness of bitcoin, the bitcoin market is controlled by people who have a lot of stock. but for me and other traders of bitcoin, it still gives advantages, because the current bitcoin price is experiencing a dump, we can buy bitcoin with large amounts and sell them when the price of bitcoin experienced a pump.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: TricksterX on April 26, 2018, 06:15:43 PM
i think all currency will going pump and dump it is normal


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Dimas99 on April 26, 2018, 06:23:21 PM
In the real sense,all currency are a little bit pump and dump
indeed all crypto can berkumkinana for a scam. as an example there is now a bitcoin benchmark. when bitcoin is no longer believed the possibility of cryptocurrency will be destroyed


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Cryptogid on April 27, 2018, 02:33:03 PM
Bitcoin and the crypto world is as real as you and I, the earlier you believe it's not a pump and dump schemes the better for the unbeliever..


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: kucritt on April 27, 2018, 02:47:23 PM
in this situation pumpning and dumping price in bitcoin is hard to do that, because we know that in bitcoin the price in bitcoin is too high with and high stok there are 17 Million bitcoin altready mined, i think if someone want to do pump and dump bitcoin, it will hard to do it, they need very big  capital to do it,if they dont make a calculation i think they will be fail and get some loss


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: First77 on May 05, 2018, 08:33:26 PM
I am also thinking about this pump and dump a lot of time and I think that it easily can be reality

Now look at the price go back to $5000. Pump and dump begins....


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: ladydark on May 05, 2018, 11:42:46 PM
Yes its not.Even if anyone tries to make bitcoin a pump and dump asset,still they could not make it due to its huge volume.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: AlexAtom on May 23, 2018, 02:52:36 AM
if you look at the market now, bitcoin is falling slowly. but this will be only temporary.
bitcoin is not a pump and dump scheme. The one who pump and dump the coin is the peoples, not bitcoin itself.
some holders dump their coin to buy it more cheap and pump it later.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: levvv on May 23, 2018, 05:42:15 AM
no, bitcoin is not a pump n dump scheme. bitcoin may dumping and later it pumps back sometimes.
but this is because the value of bitcoin itself volatile. Everyone in cryptocurrency should know about this.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: RochaMckay on May 30, 2018, 08:28:55 AM
Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: cyriljundos on May 30, 2018, 09:04:21 AM
the bitcoin is sometimes dumped as well as we do not know what is the trend in the bitcoin market because it goes up or down but that's in the fixture but not at all times dump that it all pumps a sudden run


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: eekkaa on May 30, 2018, 09:06:46 AM
yes you are right it seems to be just a conspiracy of pump and dump only, you should be able to take advantage of such moments to be able to get a lot of profit, by buying when dump and sell when pump.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: DannyMarco on June 01, 2018, 07:13:21 PM
The community of bitcoin should take necessary steps as soon as possible .


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: removebeforeflight on June 01, 2018, 07:18:17 PM
Definitely Bitcoin is not a pump and dump group, it is that it would have stayed at $20k which was reached last year. Bitcoin price is based on different reasons and there is no specific reason for the price rise or dip. The current trend of Bitcoin is moving stead fast and it is moving to a higher rate within the next couple of months. Crypto currency market is always a volatile market and anything can happen at anytime.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: abiola1 on June 01, 2018, 08:37:15 PM
A pump-and-dump (or Ponzi, or whatever) needs an actor to orchestrate it, and cryptocurrency doesn't have one. No one controls it — it's just a group of people buying and selling, in a completely open market.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: zuninholo on June 04, 2018, 09:34:19 AM

Every market has pumping and pouring
Pump capital to buy a certain amount, invest in the long term, and pour into the market when it has achieved optimal profit.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: buternasek on June 04, 2018, 09:59:21 AM
I also think as with what you are thinking, it's just like a game by big investors with lots of bitcoin, with big sales by investors making bitcoin prices slump and vice versa, and this is sure to happen again and again every year.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: KourtneyK on June 04, 2018, 10:09:34 AM
I don’t think bitcoin is a pump and dump scheme because it had always been fluctuating ever since. If it was a pump and dump a lot have already waited for the increase of the market and decrease of the price.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: mahibul49 on June 04, 2018, 10:11:00 AM
bitcoin is not pump and dump.its a solid coin and king of other crypto and its so cheap now.
its buy time and holding time.buy and hold before bull run start.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: bitcoinman93 on June 04, 2018, 10:17:47 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



bitcoin is not a pump and dump scheme. If you spent some time studying something about bitcoin, you would have known that. If someone says bitcoin is a bubble, there is at least some meaning in that, although it's not bubble either..


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: CryptoManiac3 on June 04, 2018, 10:21:10 AM
Whether it can be classified as a pump and dump scheme or not, it's changed the lives of many people imo. "Scheme" is a little harsh since it does actually benefit us as well :)


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: GilbertQuintanilla on June 04, 2018, 07:44:06 PM
yes, i agree with you because stocking it sometime make pump and some time pump.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: IndigoRed on June 05, 2018, 03:30:11 AM
A pump-and-dump scheme will need someone to orchestrate it, and bitcoin or any other cryptocurrency does not have one. No one can actually control it because it comprises a group of people buying and selling, in a completely open market.



Title: Re: Is Bitcoin a pump and dump scheme?
Post by: maydna on June 05, 2018, 10:55:37 AM
sometimes I see that bitcoin is a pump and dump scheme because once the whales moving, they can increase or decrease the price but this will not go to stay forever because the market does not depend on the whales only. people will follow with the price and it seems that they are learning from the past so they know that there is no news or there are no bad news but the price decreases they will hold the price so the price will not go down too far and I think they are read on many websites to know what is happening with bitcoin.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Md.salauddin on June 05, 2018, 11:13:16 AM
No btc is not a pump and dump scheme . only those people who dont know about crypto specially btc those people think it is a pump and dump . Btc always the best investment and btc is the king of all other currency.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: doraemon26 on June 05, 2018, 11:17:16 AM
No btc is not a pump and dump scheme . only those people who dont know about crypto specially btc those people think it is a pump and dump . Btc always the best investment and btc is the king of all other currency.
I agree with you, btc is way more better than other currency, someday it will be used as a single currency across the world . best investment is also its advantage.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: mcmge on June 05, 2018, 11:19:13 AM
That is just ONE of possible leverages which can affect situation on the market, and they can do it tremendously. Anyway, even dump is a free will of users, so it's kind of fair


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: btcluisdiki on June 05, 2018, 11:51:43 AM
With the achievement of bitcoin in the crypto market, I personally do not agree that btc is a pump and dump scheme and I think that would also depend on the person's views about btc. For some  trader and investors approach, considering they just wanted to earn profit quickly, they would sell their btc after the pump and everytime there will be another bear market, they tend to buy again.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: JumpHIGH on June 05, 2018, 12:04:27 PM
The pump and dump movement is a strategy to push in and push out the token from everyone's wallet. This group is influential to change the price of the coins whether we like it or not the pump and dump people can manipulate the price totally.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Gyromancer on June 05, 2018, 12:18:39 PM
Yes, I also think like that, that it's part of the price manipulation done by maybe the operator, or it could be the owner of a giant bitcoin. They set in such a strategy to play a price that makes people panic. People will experience "panic sell" or "panic buy". This is where they take steps to buy bitcoin in cheap price. Then they play a strategy again to sell bitcoin in high prices. Indeed in investment and business, investors are required to be smart and experienced in analyzing the market. Don’t let you follow the trend because this can be misleading.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: no0dlepunk on June 05, 2018, 12:26:47 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Bitcoin pump and dump can happen once a bunch of ignorants comes in. Nobody in his good functioning mind will ever buy bitcoin at ATH.

So basically, who buys it during dumps are those greedy ass noobs like those who have bought in panic last December.

I hate these losers, they are the reason why bitcoin is being accused as fraud. I hope you are not one of them noobs.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: wantjokull on June 05, 2018, 12:59:31 PM
there is traces of manipulation in any market but just because manipulation happens you can not call it pump and dump. a pump and dump is for something that is purely manipulation and zero real demand. and bitcoin has a lot of real demand. it is still THE decentralized money without competition and the real demand means it will not be pumped and dumped.

Yeah thats what it is! Something with huge demand and people need it all the time. They can not pump or dump it easily because it will require huge money to do so. The market pumping can be done if the value and market cap both are almost equal to nothing. If BTC would have been equal to lets say few dollars with no volume daily or may be just a little one then there would have been huge chances that it is pump-dump machine. This can be proven from the telegram groups who are using undervalued coins for manipulating the prices.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: lulutika on June 11, 2018, 03:36:20 AM
Seriously, this is a completely illusory market for people who do not understand it, Pump and Pour is the best definition of this market.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: CrazeCoinz on June 11, 2018, 03:43:51 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


It can be but if someone wants to manipulate the bitcoin price he/she had much bitcoin on his wallet to have big effect once he dumps his coins. Those early investors of bitcoin back in the early stage will probably have the control of the bitcoin price as we have not seen the price of bitcoin to reach above $10k and goes correction to down $7k.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: chikading2016 on June 11, 2018, 03:50:38 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


It can be but if someone wants to manipulate the bitcoin price he/she had much bitcoin on his wallet to have big effect once he dumps his coins. Those early investors of bitcoin back in the early stage will probably have the control of the bitcoin price as we have not seen the price of bitcoin to reach above $10k and goes correction to down $7k.
Yes I agree on that, I dont think that it is really a scheme, I believe that pumping and dumping of the bitcoin price is normal because it depend on the volume of the investors in the market. So then if bitcoin faces some more negative issue on its feild the direct effect of the price occur, it is all because the volume of investors may decrease because of issue.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Pattart on June 11, 2018, 04:00:35 AM
With the achievement of bitcoin in the crypto market, I personally do not agree that btc is a pump and dump scheme and I think that would also depend on the person's views about btc. For some  trader and investors approach, considering they just wanted to earn profit quickly, they would sell their btc after the pump and everytime there will be another bear market, they tend to buy again.
Yeah I think so. but who knows if many whales might do so on purpose? with perhaps millions of dollars in capital they have. maybe they can make manipulation in a market and make pump and dump scheme?  basically pump and dump because of demand and supply.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: tarikul1921 on June 11, 2018, 04:53:57 AM
It may or may not be. To be a scheme Bitcoin should be a large number of people in the team and there will be some specific stock controlled by organized teams. Yes, aBTC and other cryptosystems are large branches and it is actually quite easy.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Rrtt on June 11, 2018, 05:39:57 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


Honestly there are instances of pump and dump going around and you should be aware of it to avoid falling into a trap if you are an investor. We may hate to admit it but we are all here to make profit no matter what. If you want to join that pump and dump to gain profit then you can but also be aware that not all the time that this group is going to earn profit, they also lose.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Kisska2710 on July 06, 2018, 03:27:31 AM

That's right, this bonus happens with the coin shit. Can also coin top so. But having entered into this market must believe in it.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: oanhtrang1523584@gmail.co on July 06, 2018, 03:30:02 AM
It's a property transfer program. When the money from the pocket of those who do not have the will, knowledge into the pocket of the brave and understand the market


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: abhi777 on July 06, 2018, 05:47:41 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?


feel the loss of money invested I think only some people or investors who are impatient and confident with bitcoin until now the proof is still a lot of investors who benefit from their investment


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: dohh on July 06, 2018, 06:02:05 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Yes, I agree with this opinion.

To decide whether BTC is an advanced technology or low-valued "stock", we need to decide if so-called product behind price is viable/reasonable. Right now I understand, that BTC can not be used massively due to its unreasonably high "production cost." While enthusiasts say, that number of transactions is not limiting matter, but size of block in chain, it doesnt make any difference. Its still just too ressource-costly to mine.

Right now miners do that job in hope of getting coin in return and that hope is halved every 210 000 blocks.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: taeewo on July 06, 2018, 06:56:47 AM
it isn't dump and pump scheme, the price is always determines by the force demand and supply of the market...


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Freepro on July 06, 2018, 07:04:05 AM
Only if coin have enough liquidity and wide circulation. For BTC it's correct


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: SakinaPrincess on July 06, 2018, 07:25:18 AM
There are plenty of coins which are pump and dump coins but I bitcoin is of-course not a pump dump coin, Of-course the prices never stands at one point for a long run because of demand and availability. Also a good and bad news play their parts as well.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: abiola4real on July 06, 2018, 07:35:48 AM
Its altcoins we can classified as pump and dump scheme snd not bitcoin that has already gained ground and popular...


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: JACKSW4G on July 06, 2018, 07:39:28 AM
I`m thinking that all of this market is partly that way, but there are some coins which were initially created to pump - dump - forget, so Bitcoin is not that type of coin, certainly!


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: indog on July 06, 2018, 07:59:47 AM
That's right, bitcoin is a pump and dump scheme. This explains how your strategy is to make a profit. Pump and dump scheme is the real market. I dont know if there is a deliberate element here but surely you can take the opportunity when dump and gain profit when pump


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: rudox on July 06, 2018, 08:16:13 AM
That is the truth which you have stated here. The pump and dump is true which manipulation we have been witnessing in the cryptocurrency market. The developers of those coins will organize the pumping and sell off their own coin.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: anitaraymonds on July 06, 2018, 08:26:19 AM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Brother that is what is happening in the cryptocurrency market. The owners will organize token sale and manage to listed it in any exchange, the next action is to pump the low value coin and attract innocent traders to buy those worthless coin and hold hoping that the price will continue to rise. The owners will sell off their own coin to either bitcoin or bitcoin.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Lemayilleur on July 06, 2018, 09:12:00 AM
I think that bitcoin for this scheme is unsuitable, because for this purpose little-known tokens or coins with low capitalization are used. Turning such scams with large capitalization currencies is only possible for large players in the market, but I'm sure that they will not deal with this.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: vnnbot on July 06, 2018, 09:20:04 AM
bitcoin is not entirely suitable for such a scheme. in the stock market for pampas use cheap securities with low capitalization, and in the cryptoworld - little-known currencies with low capitalization, the so-called sheetcoin. bitcoin does not fit any of these "requirements."


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: erikoy on July 06, 2018, 09:52:05 AM
Yes and that is why bitcoin is so highly volatile because of pump and dump scheme specifically the day traders. These day traders are the reason why bitcoin market price is so volatile. SOme of them are having a system that is scripted that work for them as trade and buy scheme on crypto. So basically there is pump and dump scheme on bitcoin.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: andrino on July 06, 2018, 09:58:25 AM
The pump and dump is a kind of techniques to make money those who manipulate the market. They can do anything they want to easily earn profit. Big whales are the most beneficiaries when the pump and dump happening. Small time investors and bounty hunters are the most affected.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: pendekar cinta on July 06, 2018, 10:52:02 AM
Yes with the pump and dump from the traders to make the price could decline and also increased so one must really look at the price movement at any time when looking to earn income in the future without worrying about the bad issues that often occur especially about crypto.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: maydna on July 06, 2018, 12:25:30 PM
I think the pump and the dump take a small part in the cryptocurrency especially in bitcoin because, in this situations, the pump and the dump are not too often to see. I think the pumper and the dumper still looking a time to do this and it seems, they need to wait for bitcoin to decide where the price wants to go. but in another market, I see that the pumper still trying to increase the price and yes, it makes people become panic and they buy and sell and hope that they can make the profit.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: BitBite5 on July 06, 2018, 12:28:28 PM
First of all I would like to say that bitcoin is not a scheeme and so called pump and dump are part of volatility.
Although many think that bitcoin price is controlled by certain groups I can't agree with that and don't think that bitcoin is manipulated.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Baronggot on July 06, 2018, 12:49:44 PM
If we look at how bitcoin has climbed to 20,000$ worth per coin last december until it went down to 5,000$ recently, i believe it will exactly look like a pump-and-dump scheme but seems nobody cares about it at all as bitcoin is slowly going up again. Some speculates that an expected pump is going to happen and a dump will follow again that might cause bitcoin to go down another all time low. But that's all speculations and noone really knows what exactly is going to happen for bitcoin before this year ends.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: bungutko on July 06, 2018, 12:52:37 PM
I kind of agree that it really is a pump and dump scheme for some investors especially for the whale investors having huge accounts of btc. In most of the normal investors, they just tend to stick on holding their coins and just have to wait for the right time it will pump more and earn great profit in the end.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Gotumoot on July 06, 2018, 01:18:36 PM
That's right, bitcoin is a pump and dump scheme. This explains how your strategy is to make a profit. Pump and dump scheme is the real market. I dont know if there is a deliberate element here but surely you can take the opportunity when dump and gain profit when pump
Yes its a pump and dump scheme. Bitcoin is created to be volatile, it means that the value is changing and its unpredictable if its going to increase or decrease. I believe that in all investment, this situations is natural, because there is no such investments that dont go through ups and downs scheme, all investments are taking a risk, because you dont know what will be the outcome of your investments.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: CodyAlfaridzi on July 06, 2018, 01:26:50 PM
Might be. Some people might think that Bitcoin can be a great tool for pump and dump and they might actually have done it. People who would lose on this is those who buy Bitcoin because they see it's rising fast. They thought Bitcoin can make them rich quickly. These FOMO'ers will become food for whales.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: jgaspar on July 07, 2018, 09:52:45 AM
I know that there are lots of coins which were developed exactly for that, but Bitcoin as we all know, was developed on a different purpose and goals. So we can say for sure, that this is not the case.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Matthew Oliveiraa on July 13, 2018, 03:58:11 PM
I consider pump and dump scheme as a downside of Bitcoin. In fact when rich investors own a large amount of Bitcoin, it isn't difficult for them to create misleading and fake news. For example, they can use clone account to make conversations themselves on crypto forum, making others believe that this is really good chance to buy coins. Those credulous will get into the trap, and the "dump" happens.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Samuel Elliss on July 13, 2018, 04:09:31 PM
Your conception of the pump and dump scheme is right. The Scheme did happen in the stock markets. The cryptocurrency markets are quite similar to the stock ones, so I think that Scheme might have been used to manipulate the crypto's price.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: Christine Viveiross on July 13, 2018, 04:10:16 PM
Bitcoin is susceptive of news. Moreover, the market is full of unwitting and hasty investors. Therefore, I think the pump and dump Scheme, which is often operated through fake positive statements, is easy to happen.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: LuciferEveningStar on July 13, 2018, 04:26:58 PM
Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?



Its normal for the price of bitcoins to pump or dump sometimes because the prices are always based on supply and demand that's why the market is volatile.


Title: Re: Is Bitcoin a pump and dump scheme?
Post by: ReiMomo on July 13, 2018, 06:54:36 PM
I don't think or believe that Bitcoin is a pump and dump scheme, if Bitcoin is a pump and dump scheme it should have been in the highest price for a while and people have bought it in the higher price. Bitcoin is a digital currency and it has many reasons for price rise or price dip and the main reason is the demand and supply. There are millions of people believe and invested in Bitcoin because of its concept and technology it uses.