funtotry (OP)
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July 13, 2015, 07:48:27 PM |
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After losing a lot on litecoin I would like to make my money back somehow, and apparently these pump and dump groups actually work Is there any I can join?
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RodeoX
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July 13, 2015, 07:50:51 PM |
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There is a lot more talk of pump&dump than actually happens. The price went up because people are adopting bitcoin not because someone is behind the scenes manipulation everything.
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TheRealistMassiah1
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July 13, 2015, 08:02:54 PM |
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There is a lot more talk of pump&dump than actually happens. The price went up because people are adopting bitcoin not because someone is behind the scenes manipulation everything.
Sadly RodeoX, not even close to your conclusion of "price went up because people are adopting bitcoin" ... The volume was very low on that pump up rodeo! and the price churned very hard from 308 - 285 because of no support from "more bitcoin adopters" .. side note: pump up was from 260-310 additional note: To FunToTry ... looking for a team is more of a reach if you don't have above a few hundred bitcoins or liquidity to buy and churn over a few hundred bitcoins and then comes the question of trust of that team... its best to make a team you know and understand than "join one without" any hindsight /foresight
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RodeoX
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July 13, 2015, 08:29:48 PM |
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I don't know. There has been a huge increase in the number of wallets in Europe in the last two weeks and the number of businesses that take bitcoin continues to grow. I think we are just seeing natural growth.
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TheRealistMassiah1
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July 13, 2015, 08:38:08 PM Last edit: July 13, 2015, 08:48:47 PM by TheRealistMassiah1 |
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I don't know. There has been a huge increase in the number of wallets in Europe in the last two weeks and the number of businesses that take bitcoin continues to grow. I think we are just seeing natural growth.
EUR accounts for less than 10% of daily volume for bitcoin btw, and there is a LARGE difference between empty bitcoin wallets and wallets with 1 btc or more. Those numbers are drastic in weight, if you think of how many empty bitcoin wallets there are , we are using that number to delusionally pump up the figurative amount of how many "active bitcion" users there are but that is a false metric. How ever the standing number of active wallets over 1 btc is under 500,000 wallets though. And the metric for gauging how many businesses use bitcoin welp thats a hard number to wrap around as btc is minuscule in market to those vendors compared to currency and card swipes through their terminals ... Side note just to put into perspective CNY Accounts for 22-30% daily volume average and USD 25-35% Daily volume average. Also for empty wallets there is approximately 10 million or so wallets , but under 1 million of those wallets have any "value to them" in terms of actual bitcoins in there. and then you have to account for active and usable wallets (not lost or stolen etc)
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NorrisK
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July 13, 2015, 09:44:42 PM |
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After losing a lot on litecoin I would like to make my money back somehow, and apparently these pump and dump groups actually work Is there any I can join?
I guess they sound better than they are.. Are you willin to pay 0.5 bitcoin to get some info on what coins to buy? (atleast that is what you get from ryanpumper for instance.. the screenshots that are posted around here just show 4 interesting coins and 4 good buy coins, than later they claim to have pumped while there was not volume to make any profit at all) and Then risk actually buying into a low volume shit coin? Better to start leaving coins that have been pumped to prevent the mistake you made.
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Wilhelm
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July 13, 2015, 09:50:01 PM |
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You mean "Pump and get Dumped on" groups? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) BroTip: If you join always prematurely put in your sell order and shout "Pump Pump Pump!!!!" to encourage everyone to give you money ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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chesthing
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July 13, 2015, 10:44:42 PM |
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When something has gone 5x in a month stick with the odds that it's about to dump. The more bs you read about how much higher it's going to go is also an excellent indicator of imminent dump. I know it's too late, but next time - just watch the show.
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doc12
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July 13, 2015, 10:45:12 PM |
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If you lost on this LTC pump, you will loose even more with a PnD Group.
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gogxmagog
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Ad maiora!
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July 14, 2015, 12:02:16 AM |
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Yeah, besides, pump n dumps are getting too difficult to pull off, the market is too big to manipulate easily. You would be better off investigating something like TheWillyBot. That bad boy made some serious waves.
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newb4now
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July 14, 2015, 12:29:30 AM |
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After losing a lot on litecoin I would like to make my money back somehow, and apparently these pump and dump groups actually work Is there any I can join?
Accept your loss and move on. Looking for the latest pump/dump is a recipe for losing more btc Think from the perspective of the person running the group. Their incentive is to buy before you do and the sell before you sell. As a follower you will always be a step behind
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Meuh6879
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July 14, 2015, 12:30:08 AM |
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Amph
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July 14, 2015, 08:16:58 AM |
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better to look at something for altcoin, because for bitcoin you need a big amount to manipulate the market
for altcoin faripump they have a voting system and work good, then there is also cryptopump
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HarHarHar9965
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July 14, 2015, 09:11:40 AM |
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I think if somebody makes a thread saying that he is a part of a pump and dump group and by chance, predicts some shit, he will be followed and worshipped like a messiah here. I think we rely on others' predictions more than to calculate and have confidence over the ones we make, we get influenced easily. I'd never trust a bunch of faggot pumpers who I never met.
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saddambitcoin
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July 14, 2015, 12:56:27 PM |
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After losing a lot on litecoin I would like to make my money back somehow, and apparently these pump and dump groups actually work Is there any I can join?
If you didn't sell your LTC you didn't lose anything - yet. Don't sell for a loss just to chase the next "pump". Just sit tight and wait for the next rise. During a BTC rally (for example 2013), LTC/BTC was stable between 0.024-0.032 for many months.
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etzeppy
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July 14, 2015, 01:07:13 PM |
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Thanks for an interesting read. I'm not sure why I'm supposed to weep though.
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MF Doom
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July 14, 2015, 01:12:31 PM |
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Thanks for an interesting read. I'm not sure why I'm supposed to weep though. This is exactly what I theorized: It doesn't matter if the price of btc is high or low, it's all about when you get in and when you get out. If you know the timing (like these whales) you make money at any price level.
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