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Author Topic: Is fairpumps legitimate?  (Read 1260 times)
btvGainer (OP)
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April 18, 2017, 11:42:49 AM
 #1

Fairpumps. net is claimed biitrex pumpers group that uses Fair of Proof to decide the coin to be pumped.
Their premium membership fee is I think 0.2 btc.
Anyone here member of this group or know anything about it?
Is it legitimate group?
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April 18, 2017, 01:34:08 PM
 #2

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

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April 18, 2017, 02:31:17 PM
 #3

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.


Well i heard of this that they were running for over 2 years also and I do agree with you. They seem to be legitimate and i think your fee wouldn't be wasted if the pumps were real. There is also one time i read some feed back about them and i don't want you to assume if its true or not so like me as well i would like to hear other people or what are their feed back's to what they had experienced.


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April 18, 2017, 03:24:58 PM
 #4

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

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April 18, 2017, 04:21:48 PM
 #5

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

You're partly right with it since they are a group of people. In trading there are risks happening, for some reasons i also think about it as ponzi which is mostly shady in such case. In the other side if you have successfully ride with the flow, this could be win for you, But in the whole conclusion it's still risky and its all your choice if you would ride it or not.


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April 19, 2017, 07:03:08 PM
 #6

There is a new pump coming tommorow at 5pm EDT.  Wink
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April 19, 2017, 07:11:17 PM
 #7

There is a new pump coming tommorow at 5pm EDT.  Wink
Will they send updates to their newsletter subscriber for free also?
I have subscribed them, lets look at how this goes. If it looks real i may purchase private membership.

 
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April 19, 2017, 08:56:33 PM
 #8

Fairpumps. net is claimed biitrex pumpers group that uses Fair of Proof to decide the coin to be pumped.
Their premium membership fee is I think 0.2 btc.
Anyone here member of this group or know anything about it?
Is it legitimate group?

If they are legit, the premium membership that they're asking would be justifiable but we still don't know that. We need someone who will provide some proof about Fairpumps' claims. I heard about them in the past but I didn't purchase their premium membership because of its steep price. If they are indeed true, it would be good for a trader to be a member of their premium group. 0.2 BTC can easily be earned if you know beforehand what coin will be pumped by them. In the end, we should tread cautiously here because this may turn to be a scam.
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April 19, 2017, 10:27:34 PM
 #9

There is a new pump coming tommorow at 5pm EDT.  Wink

How do you have this info?
Their topic is dead from @ 2 years.

If they show some more recent proof that they are real, 0.2BTC is an easy call.

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April 20, 2017, 12:06:11 AM
 #10

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

Fairpumps is legitimate and actually uses a good amount of new tech to be able to ensure that no one is cheated when a pump is occuring, everyone is going to be on the same ground (in theory this is)

There is a high chance for people to be scammed during a pump as the owners or someone in power could be buying in small amounts beforehand. Though the entire process of (pumping and dumping) is a bad one anyway.

I would advise against doing it and stick to normal investing as you stand to lose a lot if you get in at the wrong time.

Good luck.




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April 20, 2017, 06:23:22 AM
 #11

https://bitcointalk.org/index.php?topic=756764.0

It seems to be a quite old group, so if they are still pumping after over 2 years it has to be real. Whether it's worth it to pay the fee is another thing, as their pumps could as well be financed with these fees.

With Bitcoin and unregulated online businesses like those, they could be a scam or stop being a scam at any time.  Even if they're lasting for a really long time they could still be a scam.

They could even be legit but just be a site that follows another group which is more private and announces the pump when they do. 

No matter what their situation is, pumps and dumps are some really shady activity which you probably shouldn't be taking part in and for everyone who succeeds, someone else is going to fail (and there's very little skill in it, you could be dumping at the right or wrong time based on a matter of seconds).

Fairpumps is legitimate and actually uses a good amount of new tech to be able to ensure that no one is cheated when a pump is occuring, everyone is going to be on the same ground (in theory this is)

There is a high chance for people to be scammed during a pump as the owners or someone in power could be buying in small amounts beforehand. Though the entire process of (pumping and dumping) is a bad one anyway.

I would advise against doing it and stick to normal investing as you stand to lose a lot if you get in at the wrong time.

Good luck.
Real "fair pumps" are terrible because you're just going to end up bidding against people who are more experienced than you and potentially being too late or setting the wrong price or something.  About half the time you're going to fail from doing this.

Unless you can cheat the system, participating in pump and dumps is a bad idea (and if you can, you're pretty shady yourself).

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April 20, 2017, 10:33:59 AM
 #12

There is a new pump coming tommorow at 5pm EDT.  Wink

How do you have this info?
Their topic is dead from @ 2 years.

If they show some more recent proof that they are real, 0.2BTC is an easy call.

Look on their site, i am also subscribe so i get mails when there is a new pump coming.
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April 20, 2017, 05:08:54 PM
 #13

Look on their site, i am also subscribe so i get mails when there is a new pump coming.
Yes next pump gonna start after about 4 hours from now, i will not buy anything in this pump but i will have close look at how this pump gonna work.

Has anybody else made any profit from their pump before?
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April 21, 2017, 06:43:59 PM
 #14

I have also joined pump they have yesterday but luckily i haven't put anything in that pump. I think they have some custom trading bots for bittrex so that it can quickly buy all sell orders upto 5 to 6X within minute and than bot will start to dump all their holdings to manual traders who will arrive late in this pump drama. I don't gonna risk anything with them.

 
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April 21, 2017, 07:07:51 PM
 #15

Honestly I could not understand how a manipulation group will work for every altcoins. Because I do believe only when they are having devs of one particular altcoin as a member of their group, they could get proper information about pumps or dumps. This must be true because when considering to the huge number of different altcoins, I believe it will not be possible for the any group to follow technically to identify nearby manipulations.

If they are sticking with only established altcoins, their profits will be very much a limited because manipulations are very rare with established coins.

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