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Rob E
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January 24, 2013, 09:19:44 PM |
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Huge pump and dump day.
Who was doing the pumping. Had to be news on one front. . Who did it? |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Rob E
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January 24, 2013, 09:21:52 PM |
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More importantly who stood most to gain from it.
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evolve
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January 24, 2013, 09:24:08 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
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Atruk
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January 24, 2013, 09:31:34 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
I don't think this is going to turn into a full blown crash, but it was probably a necessary correction that will help keep long term growth sustained. |
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Rob E
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January 24, 2013, 09:34:31 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. |
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Rob E
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January 24, 2013, 09:44:07 PM |
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Btw someone can set of a spark, or make a a value jump sharply and unexpectedly. Off course greed can then take over. Doesn't mean it wasn't planned that way.
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MPOE-PR
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January 24, 2013, 09:46:51 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Your pitchfork is rusty. |
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Rob E
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January 24, 2013, 10:01:31 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Your pitchfork is rusty. Sure. Anything else? Problem attacking the argument. ? |
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Rassah
Legendary
 Offline
Activity: 1680
Merit: 1035
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January 24, 2013, 10:13:54 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Tons of people gained. Pretty much everyone who sold at the top today. No reason it had to be a pump and dump. |
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evolve
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January 24, 2013, 10:19:08 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Yeah, I know what a pump and dump is. This was a greed induced bubble, not a single person or organization artificially increasing the price through good news and optimism. The way you people see conspiracy in everything is amazing. You should really look at group psychology instead of looking for a scapegoat when the price swings up or down. People saw the price increasing and jumped on board (panic buy), when the price dropped from profit taking, people abandonded ship (panic sell). Greed, pure and simple. Were none of you around the last time this happened ($30 bubble)? This is no different. |
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Rob E
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January 24, 2013, 10:19:51 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Tons of people gained. Pretty much everyone who sold at the top today. No reason it had to be a pump and dump. Why wasn't it a pump and dump? |
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Rob E
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January 24, 2013, 10:24:00 PM |
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It wasnt a single person, it was Greed.
Everyone saw the price skyrocketing and jumped on the bubble, which was followed by profit taking and panic selling. Dont worry, it'll happen again (and again).
if it's a pump and dumb a person or an organization stood to make a lot of money. Pump and dumps are frauds. Somebody fared by it. it doesn't "just happen" and it's not a scenario of "no-one" is responsible that's how politicians and fraudsters talk. If its a pump and dump, someone is behind it. So it's a fair question; who stood most to gain. Yeah, I know what a pump and dump is. This was a greed induced bubble, not a single person or organization artificially increasing the price through good news and optimism. The way you people see conspiracy in everything is amazing. People saw the price increasing and jumped on board (panic buy), when the price dropped from profit taking, people abandonded ship (panic sell). Greed, pure and simple. Were none of you around the last time this happened ($30 bubble)? This is no different. Yeh but bubbles are frauds as well. They are created. It's really not that hard. |
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evolve
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January 24, 2013, 10:26:40 PM |
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I don't think you know what you are talking about. A bubble isn't a "fraud", it is simply a result of group mentality. Fraud is intentional deception by a person or group, a bubble like this is a result of ignorance (ie: the price will rise forever!!).
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Rob E
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January 24, 2013, 10:27:51 PM |
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You already named it a bubble, it is pretty much the same as a pump and dump.
I don't think you really understand who sets to gain by a bubble. .
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evolve
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January 24, 2013, 10:29:03 PM |
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No. no its not. You should stop using words you dont understand.
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ydenys
Member
Offline
Activity: 96
Merit: 10
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January 24, 2013, 10:31:02 PM |
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What? Market had swallowed >150k coins dump in a day and we are still at 17? How?
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ydenys
Member
Offline
Activity: 96
Merit: 10
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January 24, 2013, 10:33:40 PM |
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^ i do not think anyone had really profited from this. Let’s see how buying pressure stabilises after the weekend.
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Rob E
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January 24, 2013, 10:34:13 PM |
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No. no its not. You should stop using words you dont understand.
They're both frauds and people behind them stand to draw the money.Those are two fundementals that i know. It's ok you go on believing no one is behind that. |
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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January 24, 2013, 10:35:28 PM |
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People saw price increase and started buying because omg if price increase i become rich. Then ppl saw btc at 19 and went SELL SELL to make profit. No need to involve pump and dump and mysterious organizations
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Rob E
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January 24, 2013, 10:36:19 PM |
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What? Market had swallowed >150k coins dump in a day and we are still at 17? How?
Explain? |
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