I know everyone goes on about 'pump and dump' but how does it actually work? I get that its to do with artificially inflating the price to enable a sell at a bigger level - but how does this get controlled?
Can anyone explain the buy and sell pattern that goes on between what i assume is a group of people rather than an individual? And how do they decide when enough is enough heh?
Ther's normaly a couple of ppl organise a pump and bring in loads of other guys to help out
They normaly say about 1 min before the start which coin
most of the times its a scam the coin has been prepumped by the organisers
then the guys pump and the organisers pull out with 100%+ profit
if you lucky you can also pull out b4 the rest dump and make some profit
http://coinmarketcap.com/ +44