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Author Topic: Pump and Dump ?  (Read 1424 times)
EuSouBitcoin (OP)
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February 09, 2013, 08:44:33 PM
 #1

BTC prices have moved up quickly. Is this a pump and dump? See

http://en.wikipedia.org/wiki/Pump_and_dump

You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
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ajk
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February 09, 2013, 08:46:12 PM
 #2

how many more of these?
notme
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February 09, 2013, 08:46:34 PM
 #3

What "false and misleading positive statements" can you point to?  If you can't point to some, it doesn't fit the basic definition.

https://www.bitcoin.org/bitcoin.pdf
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jojo69
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February 09, 2013, 08:51:27 PM
 #4

SELL SELL SELL!!!

OMG THE KNIFE!!

NOOOOOOOOOOOOOOOOooooooooooooooooooooooooo

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
ajk
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February 09, 2013, 08:53:58 PM
 #5

SELL SELL SELL!!!

OMG THE KNIFE!!

NOOOOOOOOOOOOOOOOooooooooooooooooooooooooo


Are you 5?
jojo69
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February 09, 2013, 08:55:36 PM
 #6

what?

you're the one that asked how many more of these threads

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
EuSouBitcoin (OP)
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February 09, 2013, 09:58:16 PM
 #7

Maybe it's Market Manipulation instead

http://en.wikipedia.org/wiki/Market_manipulation

You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
notme
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February 09, 2013, 09:59:57 PM
 #8

Maybe it's Market Manipulation instead

http://en.wikipedia.org/wiki/Market_manipulation

Maybe you're just trolling so you can keep accumulating:
https://bitcointalk.org/index.php?topic=134730.msg1515072#msg1515072

https://www.bitcoin.org/bitcoin.pdf
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Stephen Gornick
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February 10, 2013, 01:39:59 AM
 #9

Maybe you're just trolling so you can keep accumulating:
https://bitcointalk.org/index.php?topic=134730.msg1515072#msg1515072

Ha, that's classic (having one thread asking if it is a pump and dump -- presumably to help convince others to sell, and in the other thread be advertising a buy offer ... in which the rate offered is above spot market rates even).

Unichange.me

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February 10, 2013, 01:49:46 AM
 #10

I would think so, guess the question is not if but when the dump and how deep the crash will be.

★ Get +16GB extra on your Dropbox: https://bitcointalk.org/index.php?topic=142163.0
notme
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February 10, 2013, 02:06:41 AM
 #11

I would think so, guess the question is not if but when the dump and how deep the crash will be.

And even after I point it out, somehow he still hooks them....

https://www.bitcoin.org/bitcoin.pdf
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Bowjob
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February 10, 2013, 02:08:20 AM
 #12

Actually it's pump and don't dump!

It seemed like a good idea at the time.
Piper67
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February 10, 2013, 02:22:21 AM
 #13

I would think so, guess the question is not if but when the dump and how deep the crash will be.

And even after I point it out, somehow he still hooks them....

There's no man blinder than he who wishes not to see.
adamstgBit
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February 10, 2013, 03:46:15 AM
 #14

Yes!

adamstgBit
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February 10, 2013, 03:54:58 AM
 #15

Its not hard to see that bitcoin is growing... but the thing you have to remember is that bitcoin is and always will be 90% speculation,  so even if the rise in value has some legit growth backing it up, the fact remains that 90% of the rise is due to speculation, this is of course unsustainable and will come crashing down at one point. I dont think any one person is doing a pump and dump, the market as a hole is doing this without really realizing it.

notig
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February 10, 2013, 04:31:08 AM
 #16

Its not hard to see that bitcoin is growing... but the thing you have to remember is that bitcoin is and always will be 90% speculation,  so even if the rise in value has some legit growth backing it up, the fact remains that 90% of the rise is due to speculation, this is of course unsustainable and will come crashing down at one point. I dont think any one person is doing a pump and dump, the market as a hole is doing this without really realizing it.

Is 90% of the price of gold speculation? If so then I don't see a problem
Third Way
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February 10, 2013, 04:38:36 AM
 #17

I wanted to see 24 before I went to sleep.  Undecided

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February 10, 2013, 04:42:43 AM
 #18

It's PUMP PUMP PUMP.

Going up up up!
Third Way
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February 10, 2013, 04:57:17 AM
 #19

I'm seeing a steady 23.50

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