Ethereum Pump & Dump Scam

[Westant]

Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

Who are those people? Are they known big whales?

I think they are just made up. A big whale will not let you know their identity. They want to earn big money.

Whales always buy for profit. The question is how long will they hold and how much they believe in what they bought.

For the Ethereum whales, they would have close dialogue with the Ethereum development team. So they have some confidence.

[Zacudis]

Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

Who are those people? Are they known big whales?

I think they are just made up. A big whale will not let you know their identity. They want to earn big money.

Whales always buy for profit. The question is how long will they hold and how much they believe in what they bought.

For the Ethereum whales, they would have close dialogue with the Ethereum development team. So they have some confidence.

But I am not sure if they have some inside information as the announcement of the new product is known to us all.

[D3ViL]

A lot of projects are starting to see an increased coverage in the news which is drawing people into looking at Ethereum more deeply. This is a self-perpetuating cycle as the more the price moves, the more people become interested, the more articles are written and the more the price moves. Classically this has characteristics of a bubble but the underlying characteristics of Ethereum could be potentially huge. It comes down to valuation and whether the value is being overhyped or not.

[Alexthesalamander]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

[TPTB_need_war]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

And I told them they were being fooled by the deadcat bounce:

Myself, I think that Etherium has some ways to go

The illusion of the dip which is actually a crash enveloping as you described, even has you fooled.

[...]

And I even bought some more at 0.02900001, So I don't really care for the short term gains.

Im atleast going to hold Ethereum 1-2 years, minimum!

If you hold that 1 year, you will be one of the fools who loses all the money he invested in ETH. ETH is technologically flawed and won't be fixable, because the design team is pursuing utter nonsense.

[Zacudis]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

I sold some when the price was around $0.03. I think the recent correction is healthy for Ethereum. I will buy some after the consolidation.

[Spoetnik]

Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

Who are those people? Are they known big whales?

I think they are just made up. A big whale will not let you know their identity. They want to earn big money.

Google it noob you are embarrassing yourself (and the other dumb ass noobs too)

- Plausible deniability is worth money cash fiat dollars $$$

How so ?
Simple.. Launch ANY Crypto related "thing" for no purpose other than to make money.
Craft it in such a way so that the people who defend it can imply a plausible alternate excuse for why "it" exists.
(It all started with Altcoin CLONES that tried to tack on value added services)

Too me a coin like Monero with "Anon" features or a coin like Ethereum with "DAPP's" fits the bill perfectly.

It's always been this way and i you can't see it i will say the most typed out comment i have ever said here..
You are all dumb and in denial or are deceitful (or both)

It really is nothing but a giant scam full of 75% noob / dummy fake accounts playing stupid for bucks $$$
I don't even think most real noobs will fall for most of these coin scams.

Keep creating new accounts and POSTING obvious bullshit for money guys.
Let me know how it works out for ya.. or just hide LOL
I'll know i will be watching

HEY stoat.. WHO ARE YOU?
Don't tell me you went back into hiding again?  

ETH = Scam ..said me in 2014 when it launched.
Others agreed and posted proof.. what happened later simply reinforced what we already knew.

[synthgauge]

Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

The problem is who u trust are not trustworthy. Nobody trusts them so u shouldnt too.

[jjacob]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

Depends on when you got in.
If you got in when the price was $0.75, you really won't feel bad about not selling. 

[apriyoni]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

Depends on when you got in.
If you got in when the price was $0.75, you really won't feel bad about not selling. 

The cost of my mining was about $0.5. I still think I should have sold when the price was $15. So it depends on individual.

[Zacudis]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

Depends on when you got in.
If you got in when the price was $0.75, you really won't feel bad about not selling. 

The cost of my mining was about $0.5. I still think I should have sold when the price was $15. So it depends on individual.

That mining cost was 3 month ago's cost. Today's mining is much higher, probably it is $4 for most people.

[gtglener]

Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

Who are those people? Are they known big whales?

I think they are just made up. A big whale will not let you know their identity. They want to earn big money.

Whales always buy for profit. The question is how long will they hold and how much they believe in what they bought.

The whales are going to dump the price much more and will continue to dump untill they reach their required price and after that the news about the price rise will start and everyone will rush to buy it and then an era will start when everyone will thing to invest in ethereum.

[jjacob]

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

I wrote this close to ATH. I hope people listened!   

Depends on when you got in.
If you got in when the price was $0.75, you really won't feel bad about not selling. 

The cost of my mining was about $0.5. I still think I should have sold when the price was $15. So it depends on individual.

That mining cost was 3 month ago's cost. Today's mining is much higher, probably it is $4 for most people.

Even so, it represents 50% profit for the miners at a selling price of $8.
These two have to converge quickly before people start buying. Right now, they can easily mine if they want to, instead of buying paying such a huge premium.

[FreeCoinsss]

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

[orryde]

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

only start buying now if you can wait to see roi and only if you have enough btc to continue buying as it continues to drop for the next few months.

[uncaer9]

in my opinion, in trading altcoin, don't trust 100% anyone who give you signal, you must research before buying/selling your ETH.
i think ETH is best market if you can analisys when time to buy and when time to sell.

[apriyoni]

in my opinion, in trading altcoin, don't trust 100% anyone who give you signal, you must research before buying/selling your ETH.
i think ETH is best market if you can analisys when time to buy and when time to sell.

The price of the Ethereum is very volatile. It just rose from 0.16x to 0.20x. That is very difficult for us to trade.

[bitfish]

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

Best advice is: do your own DD and don't listen to others for crypto investment advice. If you cannot do due diligence by yourself then stay out of crypto investments. 95 percent of all crypto coins are junk. Created only to enrich its "developers" (better: copy cats).

Reading this thread starting from page 1 was really big fun. There were so many BS postings that you cannot take 90 percent of these posters seriously. Ethereum is IMHO a crypto coin built by highly intelligent folks with a huge potential. There are also risks that Ethereum might not succeed. As always the calculation is RISK versus potential REWARD. While risk is non zero, potential reward is IMHO huge.

Hint: forget copy cat coins...   

Amen
 

[Minecache]

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

Best advice is: do your own DD and don't listen to others for crypto investment advice. If you cannot do due diligence by yourself then stay out of crypto investments. 95 percent of all crypto coins are junk. Created only to enrich its "developers" (better: copy cats).

Reading this thread starting from page 1 was really big fun. There were so many BS postings that you cannot take 90 percent of these posters seriously. Ethereum is IMHO a crypto coin built by highly intelligent folks with a huge potential. There are also risks that Ethereum might not succeed. As always the calculation is RISK versus potential REWARD. While risk is non zero, potential reward is IMHO huge.

Hint: forget copy cat coins...   

Amen
 

Well said and totally salient advice.

[bitfish]

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

Best advice is: do your own DD and don't listen to others for crypto investment advice. If you cannot do due diligence by yourself then stay out of crypto investments. 95 percent of all crypto coins are junk. Created only to enrich its "developers" (better: copy cats).

Reading this thread starting from page 1 was really big fun. There were so many BS postings that you cannot take 90 percent of these posters seriously. Ethereum is IMHO a crypto coin built by highly intelligent folks with a huge potential. There are also risks that Ethereum might not succeed. As always the calculation is RISK versus potential REWARD. While risk is non zero, potential reward is IMHO huge.

Hint: forget copy cat coins...  

Amen
 

Well said and totally salient advice.

Thx for the flowers

Some additional hints for a newbie investor:

When evaluating a crypyo investment...

* First visit coin's homepage. Some coins even don't have a working homepage (lol).

* Who are the developers? Look at developer pictures.  Sometimes an image says more than those 1000 words written/copied into a "white paper".

* What have these devs done before? (Bitcointalk and Google are your friends). If the only professional experience of a "coin founder" is his prior employment as a trollbox moderator (UTC coin) - is this a good or a bad sign? If a developer has abandoned 2 previous projects, how high are the chances that he will abandon/crash that 3rd project you are investing in (LISK)? A successful coin needs a good business model and top developers. Good marketing is a plus.

* Check Reddit, Twitter for that coin. Only a few postings, no new postings, no active developer AND user community are very bad signs.

* Is your prospective investment a first mover or a copy cat of a copy cat coin (bitcoin->litecoin->feathercoin)? Copy cats without a distinctive new feature set will never win against its parent coin. To succeed they would have to grow FASTER than their parent coin. To grow faster, that new coin has to offer some features which are unique and are sought after by the market.

* If YOU think that your prospective investment has a really good reward to risk ratio then buy and hold it. Daytrading is for pros (but not for newbies) or for those folks who are in need accumulating bragging points. Most daytraders (and gamblers ) are lying to themselves and others about their successes.

* If you are investing early in a successful coin, it doesn't matter whether you bought in at price x or price x+50 percent. If you where buying bitcoin before 2013, each entry price was OK. Instead of mining use your hardware money and buy that coin. Much better reward if you are expecting a longterm rising coin value.

* Never trust swarm intelligence in a forum like Bitcointalk. Instead of swam intelligence you'll often find swarm Dunning Kruger effect.  https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect .

Good look and don't get greedy