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1  Other / Beginners & Help / Re: is the trick to get rich to mine a coin with low difficulty and hope it blows up on: December 16, 2013, 06:25:19 AM
I've also heard the term pump and dump which I think means get in low difficulty, coin spikes, dump it at spike for more valuable coin???

I'm not sure, but I think the term "pump and dump" refers to holding onto or mining coins at low difficulty then when the price rises you sell them, not necessarily for a more valuable coin, just money in general.

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