What's up with Vertcoin?

[tokeweed]

This one is a hell of a pump.  It's probably the same driver as Startcoin?  I wonder which coin is next...  Post your guesses. 

[generalizethis]

This one is a hell of a pump.  It's probably the same driver as Startcoin?  I wonder which coin is next...  Post your guesses. 

Tokeweed, you know chasing pumps is = to chasing dumps. Hodl BTC or believe in a coin that's got it beat. 

[ClarkGable]

http://pumperspicks.com/wp-content/uploads/2015/02/PICKS.png

http://pumperspicks.com/wp-content/uploads/2015/02/picks.png

It was just another pump from ryan the pumper and his group, i have been watching them long and hard. They accumulated 20 btc worth of vertcoin in february, and i know that no one accumulates 20 btc worth of coin for fun

http://i62.tinypic.com/16m8u80.jpg

they were accumulating @ 6085 and the fucking price touched 45490 on saturday giving these manipulators a 647% PROFIT

I was watching them on friday while vert really started to pick up steam and ryan put out this tweet to allude to it without mentioning

http://i60.tinypic.com/2cdgcp.jpg

a day later vert leaps from 19k to 45K which in itself is more than a 100% move

this is pure and total manipulation here and it needs to be stopped, I dont think that one fucking group should have so much control like this

they put 20 btc into vertcoin in feb so just remember 20 btc + 647% = 149 btc

and this is just only one coin out of the 300 others that they are manipulating

they are making HUNDREDS of btc from these coins while the rest of us are barely making it in this war zone

something HAS to be done

[tokeweed]

What do you mean "something has to be done"?  Pump and dumps have always been a part of the markets ever since.  It's even happenning in regulated stock markets all over the world, even in the US.  If you're saying a government entity should start regulating altcoins, NO FUCKING WAY!  It won't eliminate pump and dumps and now we have the government telling us we should have xxx USD in our accounts/assets because altcoins is a high risk investment.

Keep in mind, there's a rule about investing in hedge funds in the US, one should have x million USD because according to the governemnt "it is high risk".  Also there is a pattern day trading rule in the US where your account must maintain at least 25,000 USD, again "for your own protection".  It's bullshit.

Read "An American Hedge Fund" by Timothy Sykes.  All the government BS i written there.  I know that guy runs his site like an infomercial but his story is real and true.

edit:  If your trading strategy is "investing" aka buy and hold.  Stop.  Throw Buffet style investment strategies out the window because crypto has no fundamentals.  Only potential.

[tokeweed]

Oh also keep in mind.  If the government regulates altcoins, do you know there are pumpers in Wall Street that are bigger and better?  Now those people will come in.

They will squeeze crypto and destroy everything we love about it.

[tokeweed]

Rofl..  Still going.

[mr angry]

Vertcoin's been pumped (and heavily dumped) a number of times since its launch. I'm now waiting for the heavy dump.

[shanem]

I am not sure why.
I have not heard of any news why the price is up.
The price will drop down soon, no reason why the price is so high.

[tokeweed]

Doubtful that Ryanpumper is the driver of this one.  More like Bobsurplus and co.