Bitcoin Forum

The market is some how very quite this weekend but graft network has been going up since yesterday. From 147satoshi yesterday it is now around 214satochi why other coins are going down. I will like anexperts view why graft is going up and if it is pump and dump. I have hold some units that I bought around April this year.

Honestly I had no idea this coin existed, but after a little bit of googling, it seems that there is some development going on with this coin, like integration with merchants. Usually when I see low market cap coin with a steep rise, first thing that comes to my mind is Pump and dump. This is probably not the case here, as Graftcoin looks like a solid alt and a real deal.

This is usual in the market, some alts are dropping and others are surviving.
After others drops, this coin will likely to drop as well. It's the cycle of this market.
And whatever the reason that causes it to pump, whether a solid coin or not.
This is a typical pump and later you'll see it dump.

too many altcoins that I don't know about the coins you mentioned, but about the pump market it's not necessarily because many people see the potential of your coins, maybe it's one of the marketing techniques done by the development team so that their coins are noticed by many the crypto and immediately buy it when the price continues to rise, such techniques are often used to attract investors, if you have a few coins that you brought in April, maybe this is when you have to sell it before the price of the coin returns go down and never rise again, or you prefer to wait for the highest price to appear. that's all your decision

It's just a temporary pump and after this pump and then it will be going down to the bottom again. i have seen this chart in so many coin. We are still in the stable market and i would not try to expect a lot to the market until there will be a bullish trend to the bitcoin. This coin will be dumped ASAP.

if you mean graft coin is this https://coinmarketcap.com/currencies/graft/
the rise of the price maybe because of this news my friend
https://www.graft.network/2018/10/04/incentives-for-full-supernodes/

Another speculation and nothing more. Since the summer, several topics have already been created that dealt specifically with the temporary increase in prices and green indicators, but then a very intensive fall.  Good now correction is not so strong and terrible.

I think the good news for now does not affect the increase in the value of the coin.
I just think this is just a pump and dump that is common in the market.
and most importantly how we use this situation.

It is what I said that it is a typical pump and dump.
Big pump will come and after that people will be bearish to it and gonna start selling.
It is not only happening to graft but to every crypto.

It is a big market and there is actually no way you can have an idea of all the coins in the market.

I actually invested in graft a while back during their ICO which was done using the NEM smart contract platform before moving to their own mainnet immediately after the ICO and I can tell that a lot of development has been going on with the project lately based on it being a payment system and the team are really doing some pretty good work.

The potentials are there and even though it is not even in a big exchange yet, I believe it is a good one to hold for the long term. Now the whole market is down and that includes Graft that has gone low as well, so in the case of a bounce like that, it is possible it reaches the bottom and the smart investors are picking the dips up.

Well, maybe investors are beginning to cash in one way or the other, or probably there is some news that is exposed to certain investors based on the development of the graft protocol but usually when you see a market move up in such manner, it is just one thing, the bulls are kicking in.

However, it is not just graft but the whole market is actually gearing up for the next possible bull run. Now, no one should get me wrong on this one, as we cannot see the future and I am only saying this based on the market signals, but as it is, we just have to be patient and optimistic, but nonetheless, have it in the back of our minds that market can move as it pleases.

As at today graftcoin has prove not to be a pump and dump coins but has remain bullish since this thread was created till now.  Graftcoin is the future of cryptocurrencies and I enjoyed you to invest in it.

Do not believe in such signals, remember the recent impulse ripple, which even surpassed the ether. And now everything has fallen into place and the ripple has so far remained marked as a prospect, and the rest of the coins, especially cheap pumps, with an even greater price range.

because it was not "bullish" :D

when a rise happens that doesn't mean a bull market in altcoins. what it means is that there is a pump going on and the price is artificially rising up and will end up in a fake bubble-y state which won't last long. as you can see now that some time has passed, this was indeed a short term pump that they performed to make money.