Bitcoin Forum
December 11, 2017, 12:00:01 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 »  All
  Print  
Author Topic: What does 'Pump and Dump' means in crypto trading ?  (Read 4648 times)
btctousd81
Sr. Member
****
Offline Offline

Activity: 266


View Profile WWW
July 11, 2017, 02:04:03 PM
 #1

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?







1512993601
Hero Member
*
Offline Offline

Posts: 1512993601

View Profile Personal Message (Offline)

Ignore
1512993601
Reply with quote  #2

1512993601
Report to moderator
1512993601
Hero Member
*
Offline Offline

Posts: 1512993601

View Profile Personal Message (Offline)

Ignore
1512993601
Reply with quote  #2

1512993601
Report to moderator
1512993601
Hero Member
*
Offline Offline

Posts: 1512993601

View Profile Personal Message (Offline)

Ignore
1512993601
Reply with quote  #2

1512993601
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Hhampuz
Hero Member
*****
Online Online

Activity: 518



View Profile
July 11, 2017, 02:08:26 PM
 #2

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?








A pump would mean that the price is going up so you'd prefer to buy before the pump happens. And the dump is the reverse where the price will free fall or at least drop significantly and you'd like to sell before that happens.

Since we have no fortune tellers (known ones at least) it's all a guessing game. Ofcourse you can follow certain patterns and read all the charts but sometimes even the unexplainable occurs. I'll give you one advice though that you should carry with you if you ever consider trading - Never listen to the trollbox.

FORTUNEJACK.COM[
                            
5 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
FZshuvo
Newbie
*
Offline Offline

Activity: 9


View Profile
July 11, 2017, 02:17:23 PM
 #3

Pump means price increasing  & Dump means price drcreasing. You have to buy before pumping ans sell when the pumps happening.
MakaveliTheDon
Jr. Member
*
Offline Offline

Activity: 37


View Profile
July 11, 2017, 02:19:03 PM
 #4

There are specific groups (mainly on Telegram chat app), where thousands of users gather and they pump a virtually unknown altcoin with low market cap (they all simultaneously buy that coin), and then few seconds!!! later they all dump (sell) that coin. If you are one of the first/fast ones, you can earn money ... but usually, the only one earning money is the one who came up with the group and knows in advance which coin they will pump and dump, so he buys the coin in advance. For everybody else is a guessing game, and mostly a scam.
BrewMaster
Hero Member
*****
Offline Offline

Activity: 658


There is trouble abrewing


View Profile
July 11, 2017, 02:20:26 PM
 #5

a quick google search brings up very good results;
https://en.wikipedia.org/wiki/Pump_and_dump
www.investopedia.com/terms/p/pumpanddump.asp

and be careful not to fall for anyone claiming to be in one of these groups and claiming to be real and profitable. they are only profitable for the group owners.

Barbut
Hero Member
*****
Offline Offline

Activity: 672


Betcoin.ag


View Profile
July 11, 2017, 02:29:06 PM
 #6

Don't trust in what you read on chat boxes, I have very bad experience from following their advice's and I'm glad that on poloniex that box is shut down. It's much better to gather informations about pump and dumps on other places, yes now telegram groups are very popular but check their predictions skills before you trust them with your money.
Pump and dumps are big increase or decrease in the price of specific coin, usually when we see pump that means that someone is artificially raising trading volume of that coin and with that price of coin. After someone create artificial pump you need to be ready for dump, decrease in the price.
Like members above already pointed out, day trading is extremely risky and if you don't know when to get in and out you can lose your money, cause of that I stopped with day trading and I'm more concentrated on buying and storing some altcoins.

mjglqw
Sr. Member
****
Offline Offline

Activity: 420


🔒CryptoSec


View Profile
July 11, 2017, 02:35:43 PM
 #7

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?








Good question. As we see alot of "pump and dump" telegram groups lately.

Pretty much the group owner/leader will call signals on when to buy or sell a specific cryptocurrency.

Before the group owner/leader makes a buy call, he buys himself a good number of a certain crypto first, and then he makes the signal. So what happens? Since alot of members from the whole group are buying that certain crypto, the price will rise.

Then what happens? Probably after a few days, the leader will then make another signal. the sell signal. before he calls the signal, he sells first. So he can get the best margins from the crypto.

BitcoinPanther
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 11, 2017, 02:40:06 PM
 #8

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?



Pump simply means wait until you see the coin reach its maximum increase or if you felt like you have a good profit from the coin you are holding.  Pump means time to sell to those holders and devastating to those buyers.  Dump means the price will go down, and the action depends on the coins support.  If the coin has a good future then holding your coins is the best way.  When you sell during dump, there is a possibility that you will be losing profit.  Dump if the coin is strong simply means buy, but make sure it is at the bottom price at least.

           ▄▄██████████████▄▄
        ▄██████████████████████▄
      ▄██████████████████████████▄
     ██████████████████████████████
    ████████▀███████████████████████
   █████████▌  ▀█████████████████████
  ██████████▌    ▀█████▀▀▀▀▀▀▀▀███████
 ███████████      ▀██▀      ▄██████████
 ████████████▄      ▀     ▄████████████
███████████████▄        ▄███████████████
███████████████▀        ▀██████████████
 ████████████▀     ▄      ▀████████████
 ██████████▀      ▄██▄     ████████████
  ████████▄▄▄▄▄▄▄▄█████▄  ▐███████████
  ███████████████████████▄▐███████████
   ██████████████████████████████████
    ▀██████████████████████████████▀
      ▀██████████████████████████▀
        ▀██████████████████████▀
           ▀▀██████████████▀▀




×CHAINge

██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
×  Facebook
×  Telegram
×  Bitcointalk
×  Medium
×  Linkedin
×  Twitter

██
██
██
██
██
██
██
██
██
██
██
██
[/tab
SvenBomvolen
Hero Member
*****
Offline Offline

Activity: 588


View Profile
July 11, 2017, 02:41:18 PM
 #9

DUMP means the drop of the price and PUMP means it's raise. There is nothing to thing about this two words. Here exist only one trader's rule: Buy when the price is low and sell when the price is high. That is everything that you need to know about. Wink
aoihs00
Sr. Member
****
Offline Offline

Activity: 336



View Profile
July 11, 2017, 02:42:47 PM
 #10

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?








A pump would mean that the price is going up so you'd prefer to buy before the pump happens. And the dump is the reverse where the price will free fall or at least drop significantly and you'd like to sell before that happens.

Since we have no fortune tellers (known ones at least) it's all a guessing game. Ofcourse you can follow certain patterns and read all the charts but sometimes even the unexplainable occurs. I'll give you one advice though that you should carry with you if you ever consider trading - Never listen to the trollbox.


Having said that pump being upward movement of price and dump means downward moment you can also keep track of these pump dumps from telegram group. These are very very active now a days and these are the groups who are responsible for these kind of pumps. However the pump like this are forced one, that people will buy more and more amount of x coins which will lead to increased value if coin thus ultimate pump for it. And when they think it's enough for their profits then they will all sell altogether leading to dump.

               ▄█▄
            ▄█ ▀█▀
     ▄ ▄███▄▄████▄▀ ▄▄▀▄
    ▀█▄████
██████▀▄█████▀▄▀
   ▄█▀▄
███████████████████▄
 ▄██▀█▀
▀▀▀███▀▀▀█████▄▄▄▀█▀▄
 ▄█▀▀   ▀█
███▀▄████████ █▀█▄▄
██▀  ▀ ▀ ▀
██████████▄   ▄▀▀█▄
     ▀ ▀
  ███▀▀▀▀▀████▌ ▄  ▀
          ████████████▌   █
        █████████████▀
        ▀▀▀██▀▀██▀▀
           ▀▀  ▀▀
BTC-GREEN       ▄▄████████▄▄
    ▄██████████████▄
  ▄██████
██████████████▄
 ▄███
███████████████████▄
▄█████████████████████████▄
██████████████████████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
 ▀███████████████████████▀
  ▀█████████████████████▀
    ▀█████████████████
       ▀▀█████████▀▀
Ecological Community in the Green Planet
❱❱❱❱❱❱     WHITEPAGE   |   ANN THREAD     ❰❰❰❰❰❰
           ▄███▄▄
       ▄▄█████████▄
      ▄████████████▌
   ▄█████████████▄▄
 ▄████████████████████
███████████████▄
▄████████████████████▀
███████████████████████▀
 ▀▀██████▀██▌██████▀
   ▀██▀▀▀  ██  ▀▀▀▀▀▀
           ██
           ██▌
          ▐███▄
.
Bibite
Full Member
***
Offline Offline

Activity: 189


View Profile
July 11, 2017, 02:43:13 PM
 #11

a quick google search brings up very good results;
https://en.wikipedia.org/wiki/Pump_and_dump
www.investopedia.com/terms/p/pumpanddump.asp

and be careful not to fall for anyone claiming to be in one of these groups and claiming to be real and profitable. they are only profitable for the group owners.

It's so true. I joined 2 groups like this on Telegram, and both resulted in a negative result. So far I won"t join any other group like this one. Better I give my money to charity instead
Kprawn
Legendary
*
Offline Offline

Activity: 1330


★Bitvest.io★ Play Plinko or Invest!


View Profile
July 11, 2017, 02:50:26 PM
 #12

A lot of these Alt coins have pre-mined coins and these people are usually whales with a lot of coins. So these guys, with the help of other people will try

to manipulate the price by buying & selling together. This will not be the natural market of supply & demand that are pushing the price, but groups of

people that are manipulating the price with synchronise buying & selling calls. { They also shill and hype these coins on public platforms to increase or

decrease their value }  Roll Eyes



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
moviebuff777
Sr. Member
****
Offline Offline

Activity: 294


View Profile
July 11, 2017, 02:54:18 PM
 #13

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?








I think a pump typically means that an individual or group is driving the price up by buying a bunch of coins so the price is artificially inflated. This could make others jump in to buy at these high price as well.

Then after other buyers drive the price higher, the individual or group that pumped the price begins to sell at these high prices which is called a dump and then the price drops leaving the other buyers with lower priced coins.
franky1
Legendary
*
Offline Offline

Activity: 1876



View Profile
July 11, 2017, 02:59:11 PM
 #14

pump and dump is not simply about making the price go up artificially(pump) with empty reason or making the price go down artificially(dump) with empty reason

its about making it go extremely high and then extremely low in a short period. usually only really happens with the pointless crap coins that have no utility that can be pumped and dumped easily.

for coins with utility they are usually referred to as speculative spikes and dips. rather than pump and dumps.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Netnox
Legendary
*
Offline Offline

Activity: 1526



View Profile
July 11, 2017, 03:04:37 PM
 #15

I remember a pump and dump incident from 2014. The currency which I am mentioning is Terracoin. The prices went up from BTC0.0001 to BTC0.0010 in just two or three days, and after that it again went down to BTC0.0001 in about three days. Don't know who was behind this pump and dump, but Terracoin never recovered after the dump. It is dormant now.

bitbunnny
Legendary
*
Offline Offline

Activity: 1176



View Profile
July 11, 2017, 03:05:07 PM
 #16

The easiest way to explain would be this: buy at dump, sell at pump, or buy low sell high. This is what it means in sense of trading. Although sounds very easy in practice isn't always so simple to do so and the market is much more complex.
Some beleive that some interest groups stay behind every pump or dump but I.don't think this is true, at least not every time.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Hhampuz
Hero Member
*****
Online Online

Activity: 518



View Profile
July 11, 2017, 03:35:22 PM
 #17

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?








A pump would mean that the price is going up so you'd prefer to buy before the pump happens. And the dump is the reverse where the price will free fall or at least drop significantly and you'd like to sell before that happens.

Since we have no fortune tellers (known ones at least) it's all a guessing game. Ofcourse you can follow certain patterns and read all the charts but sometimes even the unexplainable occurs. I'll give you one advice though that you should carry with you if you ever consider trading - Never listen to the trollbox.


Having said that pump being upward movement of price and dump means downward moment you can also keep track of these pump dumps from telegram group. These are very very active now a days and these are the groups who are responsible for these kind of pumps. However the pump like this are forced one, that people will buy more and more amount of x coins which will lead to increased value if coin thus ultimate pump for it. And when they think it's enough for their profits then they will all sell altogether leading to dump.

Keep telling yourself that the so called free and public telegram groups are in it for the good of the members. They are earning a shit ton of money fooling people like yourself. But keep buying in to it, as long as you make a few dollars and they make millions. Have to keep the wheels turning, right?

FORTUNEJACK.COM[
                            
5 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
South Park
Hero Member
*****
Offline Offline

Activity: 546


★Bitvest.io★ Play Plinko or Invest!


View Profile
July 11, 2017, 05:31:45 PM
 #18

hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?







The pump is the process is where a coin get its price inflated due to whales investing in it, this is not the same as growth that is natural and comes from improvements on the technology of the coin and adoption, the dump is the reverse process when after a pump the whales withdraw their money leaving the average user to suffer the losses.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
AGD
Legendary
*
Online Online

Activity: 1414


HODLER SINCE 2013


View Profile
July 11, 2017, 06:20:40 PM
 #19

So many wrong answers and such an easy way to get better info. https://en.wikipedia.org/wiki/Pump_and_dump

Quote
"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump and dump schemes are sometimes called "chop stocks".[1]

While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors.[1]

My ignore list here: https://bitcointalk.org/index.php?topic=1652334.0 +++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
Drnice
Sr. Member
****
Offline Offline

Activity: 364


1JUw682E1ktYGE4AKXsmocDJKEJwWRHVUC


View Profile
July 11, 2017, 06:32:09 PM
 #20

pump means a coin increasing with high speed and dump is a rapid sell of of the coin.
You must have gotten the coin before the pump and sell it at that point.

.

███████████████████████
███████████████████████████
█████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
██████████████
█████████████
██████████████
██████████████
██████████████
██████████████
██████████████
███████████████
██████████████
███████████████
██████████████
███████████████
█████████
███████████████
████████
████████████████████
█████████
██████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
███████████████████████












Pages: [1] 2 3 4 5 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!