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Author Topic: fairpumps.net - Pump Tuesday at 5pm EST  (Read 4794 times)
mikerbiker6
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September 23, 2014, 09:14:40 PM
 #21

It is stated nowhere on the site that coinbot  is making a selection based on price increase.
Also is it using 24h change, or change since lising,or....?

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pumpitloud (OP)
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September 24, 2014, 06:39:46 PM
 #22

Thank you for your answer! Smiley

it works like quoted by you in the description:
Quote
after voting, every 5 minutes, COINBOT removes weak performing coins from pool until one coin stays.

So prices are saved on pump start, and the coin with best price increase will win. Worst performing coin is constantly removed from the list. You can try it out yourself tonight - to be safe maybe with a small btc amount like 0.01. Note that all that matters is price development, so it's speculation where to put your money. And no advantage for pump organisators, are we are also basically unable to predict markets.

All, try it out tonight and have fun Smiley
http://fairpumps.net/pump/
mikerbiker6
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September 25, 2014, 07:01:10 AM
 #23

well someone with a large capital could push a worthless coin higher.
low sell walls, high volume, big rise in price.
If you can hold out long enough everyone will switch to that coin. you will sell your stack high.

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mamali1387
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May 02, 2017, 10:19:38 PM
Last edit: May 02, 2017, 10:41:34 PM by mamali1387
 #24

I want just publish just my first pumping experience with these guys(fairpump) Sad Angry Cry
Because they are unknown people i start with little money(just 5$)
they announced that: we will choose the coin by first character of #1698385 block hash on https://dogechain.info/
https://preview.ibb.co/jepNwQ/bittrex2.png


The first character was 2 and base on list we should pump LMC
But the list was different from the old one has written on their site http://fairpumps.net/proof-of-fair-pump/
First bad thing
https://preview.ibb.co/nwRrqk/bittrex3.png


They have not noticed in their site that how long we should keep our bought coin? I think they wanted to hide it from customers.
And if you look deeply in recent pumped coin section, you can not see time frame in pictures (here:http://fairpumps.net/recent/)
Second Bad thing


And when they announced the LMC coin. It just took around 1 min for pumping from 0.00001391 to 0.00006483
Actually it's hard to buy and sell in 1 minute. Just bots can do it. I bought 5$. and when i wanted to sell it i noticed that my order has placed on 0.000069 price. It is really wired. But the admin in IRC said something about second push. After that i have not seen any big rise for price.
Third Bad thing
https://preview.ibb.co/fDoFGQ/bittrex.png


They have not describe above points for beginners and it seems they want just use them for their EVIL PURPOSES.


stefek99
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May 24, 2017, 07:08:58 PM
 #25

For completeness - these is also:
- https://twitter.com/Moon_Club_Slack
- https://t.me/bittrex_pump

Not sure if pump strategy is profitable - OK - price spikes but then what?

Who is going to buy these tokens back?

If you have any experience - please let us know...

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