Some pumping on altcoin, what effect does the altcoins?

[mauver_korea]

Someday many pumping on altcoins performed.

I think it is not good that coins.

what do you think about?

[mklost]

The market cap is directly affected at some proportion of the dump I think.

[mauver_korea]

yes, i think.

That coin must be not good for public.

The coin named by scam things.

[AiWanChu]

pumps create bagholders, they prop up the prices till the next batch of bagholders are born, eventually they will realize how worthless their holdings are

[jayc89]

pumps create bagholders, they prop up the prices till the next batch of bagholders are born, eventually they will realize how worthless their holdings are

Coins that pump doesn't really have a nice look to it in the chart history. If there was a skilled price manipulator within that coin then the price would go up with the news and it could somewhat back up the reason why the price went up so much during that time period.

You're right about that bagholder situation because people would have to purchase coins at the top for the pumper to make money.

[ethereumhunter]

Someday many pumping on altcoins performed.

I think it is not good that coins.

what do you think about?

i think its not about good or not good that coins, its about how the people will react with the coins and how they will respond on the market. if the price is increase, i think many people will join to buy this coins and they can make profit from this. but sometimes, maybe the price is manipulate by some group so they want to make the coins is become famous with their action.

[Cofee.BLUE]

Someday many pumping on altcoins performed.

I think it is not good that coins.

what do you think about?

I guess but i can see today almost allthe of the altcoins in the marlet are dump i dont know the real reason behind but my altcoins investment are going down a lot i guess gonna need, a new way to invest they are all having a hard time to pump bitcoin also is the same.