Bitcoin Forum

Economy => Speculation => Topic started by: Morecoin Freeman on March 18, 2015, 06:08:44 PM



Title: Bitcoin price theory - Government pump and dump
Post by: Morecoin Freeman on March 18, 2015, 06:08:44 PM
US Marshals Service pump and dump:

  • Announce bitcoin auction
  • Pump bitcoin
  • Sell overpriced coins to unaware bidders
  • Dump bitcoin
  • Make money $$$


Title: Re: Bitcoin price theory - Government pump and dump
Post by: calme on March 18, 2015, 06:11:40 PM
they don't care enough about it to pay it much mind. titans of silicon valley are obsessed w/ btc but law enforcement doesn't care


Title: Re: Bitcoin price theory - Government pump and dump
Post by: NeuroticFish on March 18, 2015, 06:14:23 PM
US Marshals Service pump and dump:

  • Announce bitcoin auction
  • Pump bitcoin
  • Sell overpriced coins to unaware bidders
  • Dump bitcoin
  • Make money $$$

You don't seem to have paid attention to the price around the auctions. The trend was rather the opposite of what you wrote.