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Author Topic: Lets sue the Ripple and Stellar devs for pulling an exit pump and dump  (Read 677 times)
dranster
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May 11, 2017, 12:03:11 PM
 #1

Hey everyone, this is a serious issue. XRP was trading just under 500 sats and STR under 150 sats just 2 months back. Both are shitty premine coins that is hugely controlled by the developers.

XRP pumped to 15k sats which is a 30x and STR pumped to 5k sats which is a 20x.

Somehow the devs knew about the Bitcoin pump and they desperately hurried to pump their coins and dump onto newbies at higher prices. So many new people had lost a lot of money because of this.

Its time for the communirty to take action now, this is a bad practise and should be illegal.

We should sue the devs and shutdown the Ripple and Stellar company once and for all.
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Viper1
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May 11, 2017, 12:09:37 PM
 #2

Hey everyone, this is a serious issue. XRP was trading just under 500 sats and STR under 150 sats just 2 months back. Both are shitty premine coins that is hugely controlled by the developers.

XRP pumped to 15k sats which is a 30x and STR pumped to 5k sats which is a 20x.

Somehow the devs knew about the Bitcoin pump and they desperately hurried to pump their coins and dump onto newbies at higher prices. So many new people had lost a lot of money because of this.

Its time for the communirty to take action now, this is a bad practise and should be illegal.

We should sue the devs and shutdown the Ripple and Stellar company once and for all.
Ok. Can you provide us with conclusive proof that would hold up in a court of law that the devs did what you claim?

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May 11, 2017, 02:58:00 PM
 #3

He can't.
Just as well he can't accept, that its hard to make profit, when you buy on a pump.
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May 11, 2017, 03:29:54 PM
 #4

i would love to know who the hell is pumping all these shitty scam, are they making fake wall and not exactly pumping these coins? there is a way i see in trading that let you increase the value without actually buying anything, i think they are indeed using this trick, because i cna't believe their value just went that up because new investors are investing, could also be that the dev increased it with a internal bot
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May 11, 2017, 03:40:55 PM
 #5

its something that only dev and insiders can knew about, its been a wild arena for those who wants to earn from crypto system
we can't do anything regarding to this OP unless you have a strong proof that this two coins have a manipulation involvement
if you can show evidence i guess you can proceed.


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Piston Honda
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May 11, 2017, 03:48:44 PM
 #6

loooooooool OP.

keep dreaming and welcome to crypto since 2014 action like this on alts.

every single ones is bot manipulated and you all you can do is either get in early and hold/hope it goes up (legit coins are better) one day OR play swings if you have the time.

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May 11, 2017, 03:54:46 PM
 #7

loooooooool OP.

keep dreaming and welcome to crypto since 2014 action like this on alts.

every single ones is bot manipulated and you all you can do is either get in early and hold/hope it goes up (legit coins are better) one day OR play swings if you have the time.

True. We've seen it many times. Not the firtst time this happened and probably not the last too. There will be some serious corrections soon. Many alts are way higher then a few weeks ago and i think it will be bloody for those who bought in the ups.
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May 11, 2017, 04:04:32 PM
 #8

You take the risk when buying and selling. Pump and dump is part of the alts game.
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May 11, 2017, 04:38:55 PM
 #9

You take the risk when buying and selling. Pump and dump is part of the alts game.

Right! You buy the pump while they dump their coin it's a game where you need to know and understand when to exit and when to get in,there's profit to be made but there's a lost that will incur.

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