cybersofts (OP)
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
|
|
August 21, 2017, 12:05:16 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts
|
|
|
|
|
|
|
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
CryptoBry
|
|
August 21, 2017, 12:20:53 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is now getting common with cryptocurrency...probably because the market is not yet that huge compared to maybe forex or stocks and that means that a group of people or whales can easily sway the movement of a coin's price. Many small coin holders are also doing this thing and they just call it as trading...waiting for the coin to pump and then sell the coin and then wait for the coin to go dip and buy the same coin...making some profits along the way.
|
|
|
|
kwest1
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 21, 2017, 12:22:26 PM |
|
Happening recently? It's been going on since the dawn of Bitcoin, so almost 10 years.
|
|
|
|
rachelia13
|
|
August 23, 2017, 01:22:07 PM |
|
I think that's normal in the world of trading, especially in the cryptocurrency world where a group of people pump the price of a coin and when they get profits, they dump the prices of that coin so they can buy again at a low prices
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
|
|
August 23, 2017, 01:29:22 PM |
|
This has been happening since the advent of cryptocurrency exchanges. As long as there isn't a rule regarding artificially increasing the price of cryptocurrencies, there would be pump and dumps that will happen. The thing with exchanges is that they don't impose any rules about this since they take a cut off of trades within their platform.
|
. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
|
|
|
Beerwizzard
|
|
August 23, 2017, 01:51:34 PM |
|
Thats happening all the time since everyone can establish his own shitcoin. Nothing new. If there is no any direct or special usage of that coin then it hits it's cap and then then the price is correcting it falls AF (some kind of panic selling with no bottom line).
|
|
|
|
pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
|
|
August 23, 2017, 02:08:23 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This hasn't been happening recently, it has been happening since the very beginning, and not only in crypto-currency markets, it happens in any markets with low liquidity, pretty sure penny stocks also some crazy volatile shit.
|
|
|
|
Harlot
|
|
August 23, 2017, 02:17:00 PM |
|
In case you have not notice it is how really it is played out and it is not only happening to the cryptocurrency world but also in the stock market and as well as the foreign exchange. But I have to admit the pump and dump techniques happend often with the altcoin market because the prices of each altcoin is only based on demand it is not like a stock of a corporation in which you can analyze its fundamentals.
|
|
|
|
seraph_the_wise
Newbie
Offline
Activity: 50
Merit: 0
|
|
August 23, 2017, 02:29:34 PM |
|
This has been happening since the beginning, in crypto and every other market out there (stocks, FX, commodities, etc). Most likely will continue until the market matures, becoming more liquid, and a proper structure of valuation, token analysis and information brokerage is in place.
|
|
|
|
Koadharber
|
|
August 23, 2017, 02:37:39 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It doesnt happen recently but it did when cryptotrading was just started on which pump and dump scheme would really be there knowing prices do only have 2 ways to go which is up and down. There are coins can easily be manipulated but talking on bitcoin and other huge volume coins it cant be easily be manipulated to be affected on that pump and dump schemes.
|
|
|
|
Anarchist
|
|
August 23, 2017, 02:39:20 PM |
|
This is so old man. There is nothing new behind this. You can easily find thousand f group in Telegram, Slack, Skype, pr whatever with people doing it multiple time daily. Faking the troll box conversations with ready made script etc.
|
|
|
|
alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
|
August 23, 2017, 02:57:18 PM |
|
I think that's normal in the world of trading, especially in the cryptocurrency world where a group of people pump the price of a coin and when they get profits, they dump the prices of that coin so they can buy again at a low prices
It used to be normal in stock trading till the 1930's, when they outlawed it after the Wall Street crash. Of course Cryptocurrency is completely unregulated, which means anything goes and it is up to investors to be aware of what is happening and not get caught buying at the top of pumps.
|
|
|
|
Ewox
|
|
August 23, 2017, 03:16:12 PM |
|
Actually that's how trading really works, buy them low and sell them high. If you could read some tips given in this forum about trading ever since this forum had started, mostly that's their advice when it comes to trading coins.
|
|
|
|
iamTom123
|
|
August 23, 2017, 04:04:26 PM |
|
I think that's normal in the world of trading, especially in the cryptocurrency world where a group of people pump the price of a coin and when they get profits, they dump the prices of that coin so they can buy again at a low prices
It used to be normal in stock trading till the 1930's, when they outlawed it after the Wall Street crash. Of course Cryptocurrency is completely unregulated, which means anything goes and it is up to investors to be aware of what is happening and not get caught buying at the top of pumps. I am wondering if we can also outlaw manipulation in cryptocurrency market but that would really be so difficult to implement. And we have to remember that cryptocurrency is supposed to be unregulated and should be away from anyone's control though what is happening is the opposite of what we wanted to get. There will always be pumps and dumps and in some cases they are done by big whales.
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
August 23, 2017, 04:45:18 PM Last edit: August 23, 2017, 06:01:59 PM by deisik |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is not a news, by any means And Bitcoin is not the first asset with which these pumps and dumps happen. You can see essentially the same in any speculative market across the world. It is the same even with gold and silver since physical metals make up only a small fraction of all gold and silver traded out there. Obviously, the paper gold cannot be used for anything else but outright speculation, and thus people with piles of money move the market the way they see most profitable at the moment. For example, the Hunt brothers tried to corner the silver market in 1980 (though they failed miserably in the end)
|
|
|
|
olushakes
|
|
August 23, 2017, 05:03:06 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Since you know this secret, then the next is to make the money because that's just the use of any information but unfortunately we don't know the next coin that this will happen to. Everybody knows whats going on in the crypto world and that's why volatility is the order of the day but this volatility are caused by human factor which you have summarised as PUMP and DUMP. As an individual, the onus is now on you whether you want to be a fool or win in the game.
|
|
|
|
dragonusa9
|
|
August 23, 2017, 05:23:11 PM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
|
|
|
|
malikusama
Copper Member
Sr. Member
Offline
Activity: 1050
Merit: 294
|
|
August 23, 2017, 06:02:37 PM |
|
This is a common scenario of the cryptocurrency market, that's how the big fishes are able to grow their assets more and more. Many users are now aware of this Pump and Dump of coins. I have observed not only bitcoins but many other altcoins are totally following the same path of Pump and Dump later.
|
|
|
|
allohha
|
|
August 23, 2017, 06:08:16 PM |
|
This is a common scenario of the cryptocurrency market, that's how the big fishes are able to grow their assets more and more. Many users are now aware of this Pump and Dump of coins. I have observed not only bitcoins but many other altcoins are totally following the same path of Pump and Dump later.
It seems to me that comparing growth and falling with the game is very important, because I still find very much the same between gambling and trading. This is almost identical occupation, although everyone has their socks and complexities.
|
|
|
|
flyingcat
|
|
August 23, 2017, 06:37:32 PM |
|
Actually that's how trading really works, buy them low and sell them high. If you could read some tips given in this forum about trading ever since this forum had started, mostly that's their advice when it comes to trading coins.
Buy low sell high just is basic knowledge for newbie, when you want become to professional trader, special are day trader, you need know Margin trading and choose this type for trading in long time.
|
|
|
|
dmamigo
|
|
August 23, 2017, 06:59:48 PM |
|
This is a common scenario of the cryptocurrency market, that's how the big fishes are able to grow their assets more and more. Many users are now aware of this Pump and Dump of coins. I have observed not only bitcoins but many other altcoins are totally following the same path of Pump and Dump later.
This is basically one of the way to grow in stock and as well now in crypto markets. Big players have always used it since long ago. And basically this is a nice way if you can analyse the pump and dump strategy and the right time when its being done.
|
|
|
|
UsernameBitcoin
Sr. Member
Offline
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
August 23, 2017, 07:39:17 PM |
|
Do not fall for pump and dumps as most ICOs are. You should realize they only want to build hype and after building hype they sell premine and make their money. The #1 sign of pump-and dump is when developer premines tons of coins you know it is a pump and dump.
|
|
|
|
doomloop
|
|
August 24, 2017, 07:55:03 AM |
|
Actually that's how trading really works, buy them low and sell them high. If you could read some tips given in this forum about trading ever since this forum had started, mostly that's their advice when it comes to trading coins.
in fact bitcoin is not the regulated as the other regular strokes are and bitcoin pump and dump game is working in a very simple way and it is very straight forward manner game it is a kind of compromise between two people or two groups . the first group is call players who players by and artificially increasing the price of bitcoin and at some countries it is considering as illegal but still it is growing very fast.
|
|
|
|
Carlsen
|
|
August 24, 2017, 08:09:47 AM |
|
I think that bitcoin has become less affected of this game. The amount of money you have to use to produce a pumping effect with bitcoin simply is too big. For other coins that works perfectly fine. The guys behind it have done it several times and it always works for them. I suppose the pump-dump-game will exist as long as crypto currencies will exist.
|
|
|
|
kryptqnick
Legendary
Offline
Activity: 3094
Merit: 1385
Join the world-leading crypto sportsbook NOW!
|
|
August 24, 2017, 08:53:58 AM |
|
Do not fall for pump and dumps as most ICOs are. You should realize they only want to build hype and after building hype they sell premine and make their money. The #1 sign of pump-and dump is when developer premines tons of coins you know it is a pump and dump.
Sure. But why should one always avoid such things? I mean, there are people who care a lot for the coins they invest into, and they don't buy the coins they think are shitty. These people are investors, they want to help cool projects and gain some profit out of it. And yet there're other people, who buy the coins regardless to their innovation level and stuff like that. They just trade using buy low sell high strategy. As more people are becoming traders, the market is destabilized. There people have the right to do what they do and they shouldn't stay away from premining.
|
|
|
|
jtipt
|
|
August 24, 2017, 09:13:32 AM |
|
Happening recently? It's been going on since the dawn of Bitcoin, so almost 10 years.
Exactly, the pump and dump have become like the basic fundamental of crypto currency. A new coin is created, people pump it until it reaches its saturation point and then dump it and the coin is dead within few months. But actually it's not too bad as most of these new cryptos are shit.
|
|
|
|
talkbitcoin
Legendary
Offline
Activity: 1372
Merit: 1032
All I know is that I know nothing.
|
|
August 24, 2017, 09:48:14 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world?
it has been happening from day 1 in the altcoin world. it is actually the main reason why 90% of the altcoins are created and will continue to be created in the future too. it is a small market, susceptible to manipulation. and there is a lot of money to be made through this. it is nothing new. although i have to add, some people mistake bitcoin rises, specially when they are fast, with pump and dumps. they are not at all like P&D simple because there is nothing fake about it and they stay around and there is real demand for bitcoin!
|
|
|
|
gabmen
|
|
August 24, 2017, 10:21:41 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This has always been how trading works especially for smaller coins. If you have a lot of btc, you can pump a coin yourself and then dump. If not, observe coin movements so you can ride whales when they pump and dump a coin
|
Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
|
|
|
Seansky
|
|
August 24, 2017, 11:50:24 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts That is what mostly happens on crypto coins now especially on trading sites. First is that if the price is high, people will spread FUD to get price to tank in cheaper prices. When price is low, people will try to hype a certain coin and therefore the price rise of many altcoins is mostly caused by FOMO. That is how the game works ever since altcoin trading become one of the bitcoin generating grounds of many bitcoiners out there.
|
|
|
|
_Legendary_
|
|
August 24, 2017, 02:08:09 PM |
|
I think this is a normal, high return of course high risk and this does not make me retreat for bitcoin investment, the end of the year is only 4 months away, and usually the price will skyrocket.
|
|
|
|
matanglawin
Full Member
Offline
Activity: 372
Merit: 100
The Organic Growth Token
|
|
August 24, 2017, 02:29:02 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts I think this is normal. It often happens because Bitcoin is volatile which means that its price changes from time to time. Also, its market value depends on the market's demand, so if the demand decreases the price falls. And all cryptocurrency experience this kind of cycle wherein dumps and pumps happens respectively. The tendency is that, they will buy during the dumps and sell during pumps, and I think thwt's marketing strategy.
|
|
|
|
iluvpie60
|
|
August 24, 2017, 03:20:25 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This has been happening for a longgggg time. It hasn't been just a recent thing. Many coins are bought slowly over a week or few weeks time at a low price. Currently take for example Bytecoin. Ithink it was down to 29 satoshis last i chcked. usually someone will carash the price down to about that level, and in a few weeks or a month later, it will surge up to 150 satoshis or something like that. Now that BTC is leveling off again(trading sideways with not much up or down) Iexpect people to pump and dump alts soon.
|
|
|
|
Roboabhishek
|
|
August 24, 2017, 03:35:42 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is now getting common with cryptocurrency...probably because the market is not yet that huge compared to maybe forex or stocks and that means that a group of people or whales can easily sway the movement of a coin's price. Many small coin holders are also doing this thing and they just call it as trading...waiting for the coin to pump and then sell the coin and then wait for the coin to go dip and buy the same coin...making some profits along the way. Well that means a whale with a huge amount of bitcoins waiting for a perfect moment to sell bitcoins on a good price xD then it will be a big mess for coin holders with a small amount, am I right?
|
|
|
|
skyline247
|
|
August 24, 2017, 04:08:47 PM |
|
Everyone knows 99% ICOs are pump and dump scams and nothing more. It is sad all of the newbies who get brainwashed into thinking it is the next big thing and lose all of their money.
|
|
|
|
lonelygrimm
|
|
August 24, 2017, 04:45:17 PM |
|
yep, but it's a common thing now in crypto world, some people doesn't want to call it trading but of course it's trading , you can get more profit if you got the moment except you will lose more if you can't reach the timing but yeah, stay away from that pumping and dumping thing if you want to find real profit, this is more like a gamble
|
|
|
|
Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
|
|
August 24, 2017, 04:49:58 PM |
|
So many alt currencies died that way. All those copycats were simple P&D schemes which gave the developers ( ???can we call them this way???) a bit of cash. It seems like we are back in 2013/2014 where useless coins came to life. Today we have ICOs...... To each his own
|
|
|
|
bestluck
|
|
August 25, 2017, 10:30:26 PM |
|
Happening recently? It's been going on since the dawn of Bitcoin, so almost 10 years.
Exactly, the pump and dump have become like the basic fundamental of crypto currency. A new coin is created, people pump it until it reaches its saturation point and then dump it and the coin is dead within few months. But actually it's not too bad as most of these new cryptos are shit. yes you are right all the coins popularity depends upon its users, if they want to make coin become dead then they will make it dead if tycoons dump these coins, bitcoin is also depend upon it’s users, and I think bitcoin is most favorite of all it’s users and that is why bitcoin always pump. And yes you are right pump and dump are basic fundamentals and we have to play with these fundamental for bigger profit.
|
|
|
|
klf
Legendary
Offline
Activity: 1344
Merit: 1000
|
|
August 26, 2017, 12:21:45 AM |
|
I think this is a normal, high return of course high risk and this does not make me retreat for bitcoin investment, the end of the year is only 4 months away, and usually the price will skyrocket.
I think these pumps are a scam not normal because usually who ever planning to pump certain coin will buy those coins at a higher price and then ask people buy them so that he can sell at higher price. But whoever buys at a higher price will lose their money because those coins never go back to that high price unless someone else again plans for the pump.
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
|
|
August 26, 2017, 12:31:46 AM |
|
I think this is a normal, high return of course high risk and this does not make me retreat for bitcoin investment, the end of the year is only 4 months away, and usually the price will skyrocket.
I think these pumps are a scam not normal because usually who ever planning to pump certain coin will buy those coins at a higher price and then ask people buy them so that he can sell at higher price. But whoever buys at a higher price will lose their money because those coins never go back to that high price unless someone else again plans for the pump. What happens during the accumulation phase is that the masterminds would buy a dead coin in terms of volume and try to be discreet as possible so as not to give away any hints that something is brewing. This will happen until the mastermind accumulated a hefty sum. After that he will call out for help to dump his coins too. Been there, done that. I dumped on to someone who invited me on that IRC group and never have I looked back.
|
. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
|
|
|
ethereumhunter
|
|
August 26, 2017, 12:33:23 AM |
|
I think this is a normal, high return of course high risk and this does not make me retreat for bitcoin investment, the end of the year is only 4 months away, and usually the price will skyrocket.
I think these pumps are a scam not normal because usually who ever planning to pump certain coin will buy those coins at a higher price and then ask people buy them so that he can sell at higher price. But whoever buys at a higher price will lose their money because those coins never go back to that high price unless someone else again plans for the pump. i think maybe yes, you can say like that because some coin after its pump, the price is back to bottom price again. but we know that some people is making big profit with this pump and if the price is down, they can buy at low price. i think its too risky if we are follow with this pump because we don't know when the pump is over and we are only for another pump.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
unknown-user
|
|
August 26, 2017, 12:46:47 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts That's normal since Bitcoin is decentralized. Also, it is a common strategy, to buy during the dips and sell during the pumps. Holding your Bitcoin in backdrops will benefit you once the price again increase. Also an advantage that during the dumps, there are lpts of people who are panic selling. Meaning, profits will be earned by those who know how to hold and those who are patient.
|
|
|
|
iluvpie60
|
|
August 26, 2017, 02:16:31 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Pump and dump is always how it works out, even if there really isn't an actual "dump" or "pump". Essentially, all of the people who want to buy and sell, buy and sell during a given week or month. What happens is that once you sell, you get USD and wait for the price to go low again and you buy back in. Once you buy back in, you do not have any more USD left you can use to buy coins with. So eventually, everyone has their coins and no USD to spend, so they have to take their profits, which causes everyone else to sell. Simple!
|
|
|
|
yndye
|
|
August 26, 2017, 02:33:05 AM |
|
Because of the low volume of coins, whales can easily move the price of the coins and then when they attract traders to buy as well then they would dump it to them for profit. This has been happening since the beginning and only the fast hands profit from it and the slow ones are the ones who lose so better stay away from pump and dump. You're lucky if you were able to buy at the bottom and then the coin was pump.
|
|
|
|
uraharasan
|
|
August 26, 2017, 02:37:42 AM |
|
Because of the low volume of coins, whales can easily move the price of the coins and then when they attract traders to buy as well then they would dump it to them for profit. This has been happening since the beginning and only the fast hands profit from it and the slow ones are the ones who lose so better stay away from pump and dump. You're lucky if you were able to buy at the bottom and then the coin was pump.
The world of trading there is always a name pump and dump, if you do not want to experience it better you do not have to trade.
|
|
|
|
White Christmas
Sr. Member
Offline
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
|
|
August 26, 2017, 02:55:02 AM |
|
I think that's normal in the world of trading, especially in the cryptocurrency world where a group of people pump the price of a coin and when they get profits, they dump the prices of that coin so they can buy again at a low prices
Exactly its normal that people buy and sell whenver there is a dump and pump on a price in one cryptocurrency. Simply because they only wait for the perfect timing where they can earn or get profit from it when the price pump. And when they reach the expected price thats the time for them to convert it into another cryptocurrency. Usually when the price of one cryptocurrency people tend to buy more so that when it pump their money become double.
|
|
|
|
darthmaul
|
|
August 26, 2017, 03:11:03 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It pretty old now and very common game. But if you think everything with perspective of crypto currencies future then it's not good. This is because pumper are just using the coins for their use and other side portfolio of that particular coin disturbing completely which will make it dump it competely which has happened earlier before. This is due to its use as medium to create self wealth but funds to be raised for that project goes off due to exchanging of unpredicted investment. This is very deep subject to think on, anyway you keep it up but you will later on know what's this all.
|
|
|
|
Qunenin
|
|
August 26, 2017, 04:07:02 AM |
|
When there are so many coins out there that have absolutely no Market Capital behind them then there has to be a controlling mechanism for the price, and that controlling mechanism on most of these exchanges is the mood and the feeling that is created by the price fluctuations and information that can be found in various places. A coin can literally be made or destroyed but just a couple of comments in a troll box on an exchange.
|
. .1xBit.com. | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | | │ | | │ | | ! |
|
|
|
virasog
Legendary
Offline
Activity: 2982
Merit: 1159
|
|
August 26, 2017, 04:07:44 AM |
|
Between information, rumor control and that method of controlling a price for a coin, the next most powerful thing that a person can do is to actually buy and sell that coin, with a two-person team they can literally create the price. The old adage of a product is only worth what someone will pay for it creates a mathematical equation that is illegal to fill in both sides out in the stock market but it's completely uncontrolled on a cryptocurrency exchanges.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
taxmanmt5
Legendary
Offline
Activity: 1190
Merit: 1024
|
|
August 26, 2017, 04:09:46 AM |
|
So I could take a $1 coin, put it out there for $1,000, and have a second person by that point at $1,000, and for at least a moment that is a $1,000 coin. It takes a lot more than just one transaction most of the time but that one transaction does illustrate how two people or even one person with two accounts can change the price for coin fairly quickly.
|
|
|
|
evilgreed
|
|
August 26, 2017, 04:21:23 AM |
|
I commonly heard about this so called pump and dump team, that there are people behind the scenes or an organization that has been controlling the prices or trying to manipulate the prices at the market by giving signals or telling people to buy or sell at some point. Well i guess if you are careless and just being carried away without any further analysis, the tendency is that you might lose bigger money rather than earning, but at some point also if you hit at the right time, i guess its great and beneficial.
|
|
|
|
Similificator
|
|
August 26, 2017, 04:24:58 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Dude, first of all, this is not new in the crypto world. People have been doing for as long as i can remember. I even think that this had been happening since the dawn of crypto currencies(but im not sure with this one though). This is human nature we are witnessing. Because humans will always take advantage of anything as long as they can. And unless there will be a rule for this to be prohibited, then i dont think people will stop doing this. Plus every coin needs this. So its just a win win for both sides.
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
August 26, 2017, 06:26:58 AM |
|
Between information, rumor control and that method of controlling a price for a coin, the next most powerful thing that a person can do is to actually buy and sell that coin, with a two-person team they can literally create the price. The old adage of a product is only worth what someone will pay for it creates a mathematical equation that is illegal to fill in both sides out in the stock market but it's completely uncontrolled on a cryptocurrency exchanges You don't need a team for that You can just register with an exchange twice and do the trade between your two accounts. But what will it give you apart from losing some coins on trade commissions? If there is enough liquidity in the market, your trade will come off completely unnoticed, otherwise this pseudo liquidity you provide will be irrelevant. This might be what some if not all exchanges are doing, but their purpose is to increase trading volume which would make them look more impressive (read competitive) in the exchange market. But this is a different story anyway
|
|
|
|
jostorres
|
|
August 26, 2017, 08:51:22 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This has always been how trading works especially for smaller coins. If you have a lot of btc, you can pump a coin yourself and then dump. If not, observe coin movements so you can ride whales when they pump and dump a coin Pump and dump are the beauty of the crypto market and they keep on circulating money in the form of coins among the traders. The dumping of bitcoins is worth waiting because t gives you chance of buying bitcoins at low prices and enjoy grand profit when they are at the peak of pumping stage.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
redsun114
|
|
August 27, 2017, 07:10:48 AM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
Yes you are right pump and dump make bitcoin more profitable but if you play smartly to dump and pump then you will get pretty much profit that make you even rich. All you have to do is to make decision smartly on dump and pump situations you will get high reward just due to your decision, for trading we need skills and lot of knowledge.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Wandika
Sr. Member
Offline
Activity: 508
Merit: 250
In CryptoEnergy we trust
|
|
August 27, 2017, 08:31:30 AM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
Yes you are right pump and dump make bitcoin more profitable but if you play smartly to dump and pump then you will get pretty much profit that make you even rich. All you have to do is to make decision smartly on dump and pump situations you will get high reward just due to your decision, for trading we need skills and lot of knowledge. We should know how to read graphs and have a wise guess whether it will pump or not. As well having knowledge on all the coins you have and have the coins that have potential. It maybe a long process to master trading but its worthy.
|
|
|
|
Hamphser
|
|
August 27, 2017, 08:41:00 AM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
Yes you are right pump and dump make bitcoin more profitable but if you play smartly to dump and pump then you will get pretty much profit that make you even rich. All you have to do is to make decision smartly on dump and pump situations you will get high reward just due to your decision, for trading we need skills and lot of knowledge. We should know how to read graphs and have a wise guess whether it will pump or not. As well having knowledge on all the coins you have and have the coins that have potential. It maybe a long process to master trading but its worthy. Masterings stuffs needed on trading isnt really an easy thing and it would really takes time for sure because its not really possible for you to learn it overtime. Mistakes would normally happen on trading world specially on cryptos knowings that price are too volatile and executing trades or orders is really a tough job for us.Pump and dump is really the game on this trading world which we should see this as an opportunity on making money.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
August 27, 2017, 08:52:38 AM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
Yes you are right pump and dump make bitcoin more profitable but if you play smartly to dump and pump then you will get pretty much profit that make you even rich. All you have to do is to make decision smartly on dump and pump situations you will get high reward just due to your decision, for trading we need skills and lot of knowledge. We should know how to read graphs and have a wise guess whether it will pump or not. As well having knowledge on all the coins you have and have the coins that have potential. It maybe a long process to master trading but its worthy. Guess it will take a long time to acquire such knowledge. I would spend this time trying to get to know who really moves the market :-)
|
|
|
|
futuret
|
|
August 27, 2017, 06:35:56 PM |
|
im thinking that its just usual thing happened on the market, especially on bitcoin too. they pump and dump to play with the price, so they can get more profit possible. just some basic of trading profit though
Yes you are right pump and dump make bitcoin more profitable but if you play smartly to dump and pump then you will get pretty much profit that make you even rich. All you have to do is to make decision smartly on dump and pump situations you will get high reward just due to your decision, for trading we need skills and lot of knowledge. Highly agreed! The fluctuations of the digital currencies are blessings especially that of bitcoins. Without these pump and dumps, bitcoins will not circulate among traders. This unstable nature is giving digital currencies an edge over paper money. Indeed! It totally depends on the trader how he uses these opportunities for his welfare.
|
|
|
|
fullhdpixel
|
|
August 28, 2017, 05:23:59 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts That's normal since Bitcoin is decentralized. Also, it is a common strategy, to buy during the dips and sell during the pumps. Holding your Bitcoin in backdrops will benefit you once the price again increase. Also an advantage that during the dumps, there are lpts of people who are panic selling. Meaning, profits will be earned by those who know how to hold and those who are patient. All my life I’ve always disliked online investments, so when I joined Bitcoin I never had interest in those ICO sort of things. Most of all these are all scammers looking for who to deceive and run away with their hard earned money. So, it’s always good to know the way in and out in all these things lol.
|
|
|
|
Olivious
|
|
August 28, 2017, 05:55:27 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Its been happening years ago after the alts been born everyday, whales are manipulating the price and dump when all the newbie buys that trend.
|
|
|
|
buwaytress
Legendary
Offline
Activity: 2800
Merit: 3443
Join the world-leading crypto sportsbook NOW!
|
|
August 28, 2017, 07:52:55 PM |
|
That really is the game. One that I'm loathe to invest time in to learn, nor to risk the heartache of losing, nor to endure the highs of "winning". It's a zero sum end game if everyone's in it for pump and dump (thankfully, even the biggest pessimist must not believe this to be true).
It's a big reason behind why the last two buys I've made are into a form of periodical dividend-sharing tokens. No returns as of yet, but am only holding and waiting patiently for the businesses to start kicking in. Ain't got no time for P n D!
|
|
|
|
amaral1977
|
|
August 28, 2017, 08:05:20 PM |
|
Recently. That is something to laugh about. Small volume, high volatility, no regulation. Can only lead to market manipulation and insider trading. This can only be stopped either by market self regulation via decentralization and volume ( i don´t really believe that the market is able to regulate itself) or by adding regulations and regulatory entities that goes against the the very soul of BTC. Let´s profit from it and wait for what the future brings.
|
|
|
|
swaptaker
|
|
August 28, 2017, 08:06:22 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is valid for real world stock markets as well. We can't blame pump and dump action or the people behind it. That's how the world markets work. Without price manipulation, nobody can earn something from the markets.
|
|
|
|
szpalata
|
|
August 28, 2017, 09:47:00 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is valid for real world stock markets as well. We can't blame pump and dump action or the people behind it. That's how the world markets work. Without price manipulation, nobody can earn something from the markets. Well, that's true and I bet you'd do the same if you had significant stake in the market and can Also pump and dumb at will when you have enough money .
|
|
|
|
surix
|
|
August 28, 2017, 09:56:22 PM |
|
If you know the game, then you can play it - just don't follow the pump because it's always to late and run away before the pump.
Greediness is your biggest enemy. If you put together a portfolio and benefit only the grow in industry, then you will blame yourself that you missed so many opportunities...
It's life.
|
|
|
|
angaper
|
|
August 28, 2017, 09:59:37 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This is valid for real world stock markets as well. We can't blame pump and dump action or the people behind it. That's how the world markets work. Without price manipulation, nobody can earn something from the markets. Since humankind invented the concept of private property thousands of years ago, this has been the eternal game of speculation. It may not be the fairest of economic arrangements because those who have the most can condition prices in their favor, and this has often led to those who have more money tending to accumulate more, while the poorest tend to increase their poverty. But that is the way in which the capitalist economic system unfortunately has infiltrated the world of cryptos and contaminated the market to turn it into a pump and dump scheme rather than a real option to confront the current system.
|
|
|
|
Hydrogen
Legendary
Offline
Activity: 2562
Merit: 1441
|
|
August 28, 2017, 11:57:23 PM |
|
Pump and dump is the name of the game everywhere. It follows the instant gratification nature much of modern culture is built on. Bitcoin is the exception rather than the rule in terms of it being an extremely effective accumulator and storer of long term value. One might say bitcoin moreso follows a delayed gratification mentality. Delayed gratification is something like an inverse opposite to the instant gratification mentality pump and dumpers tend to have. There probably is an interesting breakdown of those different ways of thinking that might be interesting from an abstract perspective.
|
|
|
|
Eugenar
|
|
August 29, 2017, 12:20:57 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts That's because Bitcoin is volatile. And its users, especially the investors will make profit out of its volatility. They'll buy Bitcoin during the dumps or when the price is low, and will hold it for a long period of time. They will only sell it if the value increase as well as their profit. This kind of strategy gives the investors big profit even if it will take time for them to earn something from their investment.
|
|
|
|
mrcash02
|
|
August 29, 2017, 12:35:43 AM |
|
I believe OP doesn't say about pumps and dumps in general, he is saying about the fake pumps and dumps ICO developers and its investors create on the market to make easy profit. I don't know the details about this strategy of money making, but there are many people trying it daily. All they need to do is to enter the game on the right time, some prediction skills are necessary. It's a risky game and the players must know it.
|
|
|
|
asyakashi
Sr. Member
Offline
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
|
|
August 29, 2017, 02:54:23 AM |
|
That is part of the trade, and that is the usual thing. Like any economic law, every sale always has a price drop or a price increase. Only we do not know who controls the price. Crypto game is very difficult to predict because there is no special regulation to control the price. Everyone is free to pump or dump. You just need to know how dev or whale retains the price of a coin. Buy it at the lowest price, hold it then sell it for a high price.
|
|
|
|
noturbabe
Newbie
Offline
Activity: 11
Merit: 0
|
|
August 29, 2017, 04:23:05 AM |
|
I think it's a normal thing in the world of trading, where traders have these tactics to earn more than what you invested, like twice or thrice the worth of investments. This is a common scenario of the cryptocurrency market, that's how the big fishes are able to grow their assets more and more. Many users are now aware of this Pump and Dump of coins. I have observed not only bitcoins but many other altcoins are totally following the same path of Pump and Dump later.
|
|
|
|
xuan87
Legendary
Offline
Activity: 1666
Merit: 1001
|
|
August 29, 2017, 05:17:30 AM |
|
It is a very common things in crypto currencies and a lot of whales are playing this game to gain profit, but if the market cap volume is high then it will be difficult to do pump and dump, pump and dump game is usually used for alt coin and traders fond of this situation, where pump and dump actively done
|
░░░░░░░░░░░░░░░███████████████░░░░░░░░░░ ░░░░░░░░░░░░██████████████████████░░░░░░ ░░░░░░░░░░░█████████████████████████░░░░ ░░░░░░░░░█████████░░░░░░░░░░░████████░░░ ░░░░░░░░███████░░░░░░░░░░░░░░░░███████░░ ░░░░░░░███████░░░░░░░░░░░░░░░░░░░█████░░ ░░░░░░░███████░░░░░░░░░░░░░█████░██████░ ░░░░░░░██████░░░░░█░░░░░████████░██████░ ░░░░░░░███████░░░███░░░████░░███░██████░ ░░░░░░░███████░░██░██░████░░███░░█████░░ ░░░░░░░░██████░░██░░█░███░░███░░██████░░ ░░░░░░░░░███████░██░█░█░░░███░░██████░░░ ░░░░░░░░░░░██████░███░░░███░░░█████░░░░░ ░░░░░░░░░██░░████░░░░░░██░░░██████░░░░░░ ░░░░░░░░████░░░░░██████░░░█████░░░░░░░░░ ░░░░░░░░███████░░░░░░░░░███░░░░░░░░░░░░░ ░░░░░░░░░░░█████████████░░░░░░░░░░░░░░░░ ░░░░░░░░███░░░█████░░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░██████░░░███░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░░░ | ▂▂ ▃▃ ▅ ▆ ▇ █ TeraWATT █ ▇ ▆ ▅ ▃▃ ▂▂
Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
|
|
|
hangar18
|
|
August 29, 2017, 05:38:40 AM |
|
It is a very common things in crypto currencies and a lot of whales are playing this game to gain profit, but if the market cap volume is high then it will be difficult to do pump and dump, pump and dump game is usually used for alt coin and traders fond of this situation, where pump and dump actively done
Difficult do not mean is impossible. Any market are have big boy, rich man and whales control market, they are leader create game and we are gamer in their match. Sometime, gamer can become to winner and they will loss their money.
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
August 29, 2017, 05:59:41 AM |
|
Pump and dump is the name of the game everywhere. It follows the instant gratification nature much of modern culture is built on. Bitcoin is the exception rather than the rule in terms of it being an extremely effective accumulator and storer of long term value. One might say bitcoin moreso follows a delayed gratification mentality. Delayed gratification is something like an inverse opposite to the instant gratification mentality pump and dumpers tend to have. There probably is an interesting breakdown of those different ways of thinking that might be interesting from an abstract perspective
This is not a built-in feature Any growing (expanding) market behaves like that, i.e. you buy at whatever price and sit on your hands waiting till the market expands enough to give you the delayed gratification you are so eagerly looking for. But since there's plenty of room to expand into, it feels like "Bitcoin is the exception rather than the rule in terms of it being [...] a delayed gratification" vehicle. But it will stop working as soon as the market gets saturated. And then you are back to the pack which Bitcoin is a seeming exception of ("the instant gratification game")
|
|
|
|
OneUnderBridge
|
|
August 29, 2017, 06:27:27 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Isn't that how it works? Isn't that what the words HYPE and FUD were invented to describe? I don't get it? I'm not a trader but I thought that was always the way the markets worked. Are you trying to make a funny observational statement?
|
The Movement Unstoppable Organization ▐█▌ ███ █████ ▄███████▄ ████▄▄▄▄▄▄▄▄▄█████████████▄▄▄▄▄▄▄▄▄████ ▀███████████████████████████████████▀ ▀███████████████████████████████▀ ██████████████ ██████████████ ▐████████████ ████████████▌ ███████████ ███████████ ▐██████████ ██████████▌ █████████▀ ▀█████████ ▄████████▀ ▀████████▄ ▄███████▀▀ ▀▀███████▄ ▄█████▀▀ ▀▀█████▄ Trade Whitepaper Bounties ▬▬▬ Connect and Create ⌠ ▄▄████▄▄ ██████████ ████████████ ████████████ █████ ████████████ █████ ███████ ████████████ ███████ ███████ ████████████ ███████ ███████ ██████████ ███████ ███████ ████████ ███████ ██████ ████████ ██████ █████▀ ██████████ ▀█████ ▄▄██▀▀ ██████████████ ▀▀█▄▄ █████ ████████████████████████ █████ █████ ██████████████████████████ █████
|
|
|
nydiacaskey01
Legendary
Offline
Activity: 1834
Merit: 1036
|
|
August 29, 2017, 06:38:43 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Unfortunately this is whats happening now. The whales are the ones who are in control on how and where they want the price of a coin or token to go. If the whales dont want the price to go up, they will put up a huge sell wall that will make other sellers to sell it lower until the price continue to plunge. Even those who are good with charts are sometimes no match with them.
|
|
|
|
SirLancelot
|
|
September 01, 2017, 10:57:16 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It is a major part of business in cryptos world now-a-days. Yes surely pumping and dumping is a the name of the same game. We can find such pumps or dumps easily by seeing its actual price and trade history, but in this pumping and dumping, some people really earn some good profits and even some peoples who have there invested there money on the specific coins has a great loss. Many people here might have been experienced such losses. It is not as easily possible to pump or dump any huge coins like bitcoin so we can see such variations in small altcoins.
|
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
September 01, 2017, 11:02:07 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Unfortunately this is whats happening now. The whales are the ones who are in control on how and where they want the price of a coin or token to go. If the whales dont want the price to go up, they will put up a huge sell wall that will make other sellers to sell it lower until the price continue to plunge. Even those who are good with charts are sometimes no match with them. actually, this is quite common in any financial markets (liquid or illiquid). (Un)fortunately, blockchain and crypto currencies can't prevent speculations and insiders.
|
|
|
|
mackenzied
|
|
September 01, 2017, 11:07:59 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit.
|
|
|
|
rodskee
Full Member
Offline
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
|
|
September 01, 2017, 11:14:33 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts pump and dump is a part of currency because currency is like a game sometimes up sometimes down the movement of bitcoin in market i think is part of the escrow and now bitcoin value are still pumping that the game of currency hopely until the end of this the bitcoin value goes pumping and strong in the cryptoworld.
|
|
|
|
omnik
|
|
September 01, 2017, 11:21:22 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different.
|
|
|
|
alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
|
September 01, 2017, 11:24:40 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Isn't that how it works? Isn't that what the words HYPE and FUD were invented to describe? I don't get it? I'm not a trader but I thought that was always the way the markets worked. Are you trying to make a funny observational statement? It's how unregulated markets work. It's how Wall Street worked prior to the 1930s. You could argue it's how Wall Street works now, only they've got better at covering it up, to avoid prosecutions.
|
|
|
|
orarider
|
|
September 01, 2017, 12:09:53 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Yes, wait is something we need to do in business, but we need more patience. Because there are times, we can not wait. In contrast we feel anxious.
|
|
|
|
Reid
|
|
September 01, 2017, 12:13:10 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It is a common thing that have been happening even before the ICO's came and I guess you are talking about them right? After the ICO they will dump it even the bounty hunters will dump and that makes the price so low after the ICO. This is not a big deal. It depends on the coin developer if somehow they can prevent that withdrawal by making other offers and other deal that will make them hold.
|
|
|
|
neonshium
|
|
September 01, 2017, 12:24:11 PM Last edit: September 27, 2017, 02:41:16 PM by neonshium |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Dude, first of all, this is not new in the crypto world. People have been doing for as long as i can remember. I even think that this had been happening since the dawn of crypto currencies(but im not sure with this one though). This is human nature we are witnessing. Because humans will always take advantage of anything as long as they can. And unless there will be a rule for this to be prohibited, then i dont think people will stop doing this. Plus every coin needs this. So its just a win win for both sides. Yes every coins needs this. Pumping and dumping is good for the future of that specific coins perhaps because it increases a heavy trade volume. Humans will always take advantage of anything which can give them profit and so we do. Pumping and dumping gives a good profit so there are many groups which are good pumpers and dumpers. We can recently see many pumps and dumps on yobit exchange. Pumping will surely increase the price of the specific coin and then selling it in a trade volume will gradually make good profits.
|
|
|
|
yrreg ger
|
|
September 01, 2017, 12:57:33 PM |
|
I think that's normal in the world of trading, especially in the cryptocurrency world where a group of people pump the price of a coin and when they get profits, they dump the prices of that coin so they can buy again at a low prices
This is right, if the price become stable or steady in one price, I think this crypto-currency will not become popular. This is a great idea of the bitcoin, because the price depends on the supply of crypto-currency. So that if the supply will increase it is normal to pump, and if this will dump, chances to buy to make a profit in the future. Additionally, it can't compete to the top currency if this idea never happened.
|
|
|
|
Flodemaga
|
|
September 01, 2017, 08:18:17 PM |
|
I believe you are talking to telegram small traders groups wich are picking a random coin and pumping and dumping it, well isnt an healthy thing to do without anything really happen into the coin you can make newbies think those price will be achieved again, even without any improvement or active developer. The dump and pump has been part of crypto since exchanges were live, soo welcome to trading world.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
September 01, 2017, 10:01:45 PM Last edit: September 02, 2017, 03:10:23 PM by el kaka22 |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Unfortunately this is whats happening now. The whales are the ones who are in control on how and where they want the price of a coin or token to go. If the whales dont want the price to go up, they will put up a huge sell wall that will make other sellers to sell it lower until the price continue to plunge. Even those who are good with charts are sometimes no match with them. Unfortunately we all are needlessly affected and controlled by these whales. Indeed they play the significant role in the dumping and pumping of the coins. I desperately want to get rid of them but the reality is we can’t do anything about these whales. But sometimes they do entertain us too. Honestly I am always against manipulating market prices because it may risk some innocent traders in some corner of the world. We should always play fair.
|
|
|
|
Adbitco
|
|
September 01, 2017, 10:32:32 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Unfortunately this is whats happening now. The whales are the ones who are in control on how and where they want the price of a coin or token to go. If the whales dont want the price to go up, they will put up a huge sell wall that will make other sellers to sell it lower until the price continue to plunge. Even those who are good with charts are sometimes no match with them. Unfortunately we all are needlessly affected and controlled by these whales. Indeed they play the significant role in the dumping and pumping of the coins. I desperately want to get rid of them but the reality is we can’t do anything about these whales. But sometimes they do entertain us too. Yes I agree the irony is that we can't do much about all this bad practice being adopted and followed by a few people engaged in all this activity. I think it's not healthy for the growth of cryptocurrencies and because of this even many good coins don't receive the attention and support they deserve. Pump and dump is in fact an obstacle in the growth of cryptocurrencies.
|
|
|
|
Sled
|
|
September 02, 2017, 01:33:10 AM |
|
What is the big deal of pump and dump? There is no big deal here. Pump and dump is very common for the markets even the stock and forex market experiences pump and dump but it doesn't mean that it is a bad thing for the markets but for me, it is a great opportunity for the active traders to make money during the pump and dump because there is a lot of ways to make money from it and it just takes a determined person to find it out.
|
|
|
|
hatshepsut93
Legendary
Offline
Activity: 2968
Merit: 2145
|
|
September 02, 2017, 02:56:09 AM |
|
"Pump and dump" usually refers to a specific scheme when one powerful entity manipulates the price to get profit. If the price is simply volatile and has huge swings, it doesn't necessarily mean that it's been manipulated. Also it's important to look at market depth before building and suspicions - the higher amount of bids, the less likely it is to be some sort of manipulation. And even if there will be a big correction, it won't mean that it's the dump from pumpers - rises and crashes can be driven by many different reasons.
|
|
|
|
Kunlejoe0
|
|
September 02, 2017, 03:03:43 AM |
|
How else do traders make money if it's not "p n d"
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
September 02, 2017, 10:36:17 AM |
|
"Pump and dump" usually refers to a specific scheme when one powerful entity manipulates the price to get profit. If the price is simply volatile and has huge swings, it doesn't necessarily mean that it's been manipulated. Also it's important to look at market depth before building and suspicions - the higher amount of bids, the less likely it is to be some sort of manipulation. And even if there will be a big correction, it won't mean that it's the dump from pumpers - rises and crashes can be driven by many different reasons I somewhat agree with your view And somewhat disagree with it. First, you typically don't need to do anything after a good old pump, i.e. you don't need to specifically manipulate a dump. You may need to instigate an initial sell-off, of course, but then the market and hordes of panic sellers will take care for the rest of the cycle. Further, market depth can be utterly misleading, or even deceiving. You can see huge buy walls which quickly disappear once the price starts to seriously go down. These walls can be built by the exchange itself, so they can erect and remove them without any risk of losing any money (no wall has been hurt in the process of making a dump)
|
|
|
|
Proton2233
|
|
September 02, 2017, 10:44:20 AM |
|
To organize the dump, too. The demand for bitcoin is constantly growing and in order to organize the panic and prices fall you need to invest a lot of money. If all bitcoins will be dumped immediately to buy something you can lose your money. It seems to me that every year will be more difficult to arrange the pump.
|
|
|
|
devrawal93
Newbie
Offline
Activity: 28
Merit: 0
|
|
September 02, 2017, 10:46:48 AM |
|
Previously Pump & Dump is quite familiar in Trading Stocks,Forex,Commodities and Currencies too. Pump is Dump is active here in Bitcoin Trading also.It's nothing but Buying the low and selling the high. But the Factor driving the bitcoin price is some sought of news or rumours or any other kind of fundamental events which makes the price of Bitcoin more volatile.There are a few ICO and companies that follow this strategy to make money . This can also be done by a group of people. There are plenty of channels and Telegram groups of people who are making use of this pump and dump a coin.It’s usually a scam, the group will pump a coin, then let others know that they need to buy in.
|
|
|
|
Rhum142
Member
Offline
Activity: 70
Merit: 10
|
|
September 02, 2017, 11:17:32 AM |
|
But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
|
|
|
|
sana54210
Legendary
Offline
Activity: 3192
Merit: 1128
|
|
September 02, 2017, 05:00:26 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Lol… quite funny when I see people call it a pump and dump game. I’ve never had interest in ICO right from the first time I heard about it, cause I keep having the feelings they’re all fake, and will make people lose their money. I’ve used bitcoin for a longtime, so I keep on sticking to it, and not getting interested in investing into other coins.
|
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
September 03, 2017, 08:37:36 AM |
|
But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
Well, who dumps normally set a target price, once they get it, they start to sell
|
|
|
|
machinek20
|
|
September 03, 2017, 09:13:51 AM |
|
Pump and dump is an usual games especially for the big whales, pump and dump is something the traders looking for, that is the moment where they earn money and because crypto currencies is decentralized so pum and dump cant be avoided and if you can find the hole you will get the profit
|
|
|
|
michkima
|
|
September 03, 2017, 09:16:59 AM |
|
Pump and dump is an usual games especially for the big whales, pump and dump is something the traders looking for, that is the moment where they earn money and because crypto currencies is decentralized so pum and dump cant be avoided and if you can find the hole you will get the profit
If you have enough money to pump and dump, why not? There is really good profits to be made if you can manipulate some coins. It's pretty hard to do though, as this is totally something hard to predict, as you will not know how the market will react to the stimulation from the pump and dump of whales. They might lose a lot if they make a mistake.
|
|
|
|
audaciousbeing
|
|
September 03, 2017, 09:18:34 AM |
|
But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
Well, who dumps normally set a target price, once they get it, they start to sell That means going by your definition, then all of us are dumpers because a lot of people who own some amount of bitcoin then hold to achieve a point in price then sell while some people will decide to get greedy and hold further until they reach another objective before selling and then wait for it to crash, so they can buy again and that's is exactly the castigations against the money bags without considering the little part we all play in all this.
|
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
September 04, 2017, 08:18:01 AM |
|
But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
Well, who dumps normally set a target price, once they get it, they start to sell That means going by your definition, then all of us are dumpers because a lot of people who own some amount of bitcoin then hold to achieve a point in price then sell while some people will decide to get greedy and hold further until they reach another objective before selling and then wait for it to crash, so they can buy again and that's is exactly the castigations against the money bags without considering the little part we all play in all this. Well, you buy a bitcoin and wait to sell till a target price is hit. Dumpers force the price to raise and sell once a target gain is reached. A would say that you are not a dumper :-)
|
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
September 04, 2017, 08:19:16 AM |
|
Pump and dump is an usual games especially for the big whales, pump and dump is something the traders looking for, that is the moment where they earn money and because crypto currencies is decentralized so pum and dump cant be avoided and if you can find the hole you will get the profit
If you have enough money to pump and dump, why not? There is really good profits to be made if you can manipulate some coins. It's pretty hard to do though, as this is totally something hard to predict, as you will not know how the market will react to the stimulation from the pump and dump of whales. They might lose a lot if they make a mistake. What's the main risk in your opinion? Liquidity at the time of selling?
|
|
|
|
Webetcoins
|
|
September 04, 2017, 08:19:57 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Lol… quite funny when I see people call it a pump and dump game. I’ve never had interest in ICO right from the first time I heard about it, cause I keep having the feelings they’re all fake, and will make people lose their money. I’ve used bitcoin for a longtime, so I keep on sticking to it, and not getting interested in investing into other coins. Boy, I don't know about all the ICOs but I am sure about one thing, not all of them are fabricated. One of my buddy is hooked up in some ICO and I haven't heard a word of despise from his mouth. However, holding to your bitcoins is a smart move but I deal in altcoins also.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
perfect999
|
|
September 04, 2017, 11:31:40 AM |
|
But can i ask you a questio? How do you know they dump at the top price? How do you know it is the top ? Maybe it downs for a day they comeback double on the day after?
Well, who dumps normally set a target price, once they get it, they start to sell Everyone sets his/her own target price and when it is achieved, they start selling their coins with the fear that they may lose this golden chance of making big capital when the prices are up. These are usually ones who are pretty successful with digital coins and those who are blindly following the masses often end up in loss.
|
|
|
|
barbara44
|
|
September 06, 2017, 05:58:13 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Lol… quite funny when I see people call it a pump and dump game. I’ve never had interest in ICO right from the first time I heard about it, cause I keep having the feelings they’re all fake, and will make people lose their money. I’ve used bitcoin for a longtime, so I keep on sticking to it, and not getting interested in investing into other coins. Boy, I don't know about all the ICOs but I am sure about one thing, not all of them are fabricated. One of my buddy is hooked up in some ICO and I haven't heard a word of despise from his mouth. However, holding to your bitcoins is a smart move but I deal in altcoins also. You need to work hard I mean research hard before hooking up with any ICO. People are earning great profits with ICOs but I think it is somehow dependent on luck as well. I got scammed recently by some ICO. We need to be really careful with these projects. The best way of passive income is obviously holding bitcoins for long time.
|
|
|
|
Sled
|
|
September 06, 2017, 11:44:30 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Lol… quite funny when I see people call it a pump and dump game. I’ve never had interest in ICO right from the first time I heard about it, cause I keep having the feelings they’re all fake, and will make people lose their money. I’ve used bitcoin for a longtime, so I keep on sticking to it, and not getting interested in investing into other coins. Boy, I don't know about all the ICOs but I am sure about one thing, not all of them are fabricated. One of my buddy is hooked up in some ICO and I haven't heard a word of despise from his mouth. However, holding to your bitcoins is a smart move but I deal in altcoins also. You need to work hard I mean research hard before hooking up with any ICO. People are earning great profits with ICOs but I think it is somehow dependent on luck as well. I got scammed recently by some ICO. We need to be really careful with these projects. The best way of passive income is obviously holding bitcoins for long time. There is a lot of ICO in this forum and there is a lot of choice but we need to make sure that the ICO that we are going to invest is a real and serious project because there is a lot of scammers that only make ICO to have a decent look kind of scam because they will just launch a project and ran away with the invested amount of money.
|
|
|
|
cybersofts (OP)
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
|
|
September 07, 2017, 10:53:15 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It increases the uncertainty of the market, many people will be in crisis because of trade losses. However, it is also a good opportunity for good traders to make a profit. Do you remember if others will get a lot of profit too caused by PnD. That was just like another money game in my opinion at least if you have an intention to invest in the project and wait until you will get decent profit and the definition will be different. Lol… quite funny when I see people call it a pump and dump game. I’ve never had interest in ICO right from the first time I heard about it, cause I keep having the feelings they’re all fake, and will make people lose their money. I’ve used bitcoin for a longtime, so I keep on sticking to it, and not getting interested in investing into other coins. Boy, I don't know about all the ICOs but I am sure about one thing, not all of them are fabricated. One of my buddy is hooked up in some ICO and I haven't heard a word of despise from his mouth. However, holding to your bitcoins is a smart move but I deal in altcoins also. You need to work hard I mean research hard before hooking up with any ICO. People are earning great profits with ICOs but I think it is somehow dependent on luck as well. I got scammed recently by some ICO. We need to be really careful with these projects. The best way of passive income is obviously holding bitcoins for long time. There is a lot of ICO in this forum and there is a lot of choice but we need to make sure that the ICO that we are going to invest is a real and serious project because there is a lot of scammers that only make ICO to have a decent look kind of scam because they will just launch a project and ran away with the invested amount of money. The problem we have is we don't know which are the best ICOs to invest into. Once you are involved with ICO when you started sensing some dump in the market by the "Big Whales" then you also dump your coins which is not good idea at all. Perhaps sometimes it's the best option to do in pump and dump situation.
|
|
|
|
seattletu
|
|
September 07, 2017, 11:04:41 AM |
|
There is just a single approach to play this amusement.. Pick your coins 10-15 and expectation that they fall under this rundown. Ensure you do the TA and purchase when its sideways after adjustment or else dont touch it. At the point when the even happens they'll declare the pump.. that is the point at which you setup your offer requests .
As dependably on the off chance that we are occupied and no time for these sort of recreations better remain away.
|
|
|
|
ekoice
|
|
September 07, 2017, 11:36:11 AM |
|
Pump and dump is a common technique used in altcoin market to make huge profits.Usually,the newly released coins are pumped and suddenly dumped.Usually,newbies become victim of such activities and buy due to FOMO and sell their coins in panic of loss and finally end the trade with a huge loss.Usually big whales make huge profits by using this strategy and their target is mostly the weaker hands,the newbies.To make good profits when a coin is pumped and dumped,we should know clearly about when to enter and exit the market.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
September 07, 2017, 11:49:29 AM |
|
To make good profits when a coin is pumped and dumped,we should know clearly about when to enter and exit the market.
Crucial factor is that you spot early accumulation patterns. In most cases if a pump is going to happen, the people behind it are slowing buying up small number of coins - this process can take a week or two, but also a few months. Their main priority is to buy as many coins as possible, but without actually pushing the market forward too much. If you manage to spot this accumulation pattern, you can do basically the same as the pumpers are doing, but without actually pumping the market yourself - they will do the work for you. Once the pump has been initiated, it's up to you to find a worthwhile exit point. If you exit too soon, you'll miss out on even better profits, if you exit too late, you'll be seeing your profits vanish very quickly. I always prefer to go with the first option - better safe than sorry.
|
|
|
|
cybersofts (OP)
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
|
|
September 07, 2017, 12:01:44 PM |
|
To make good profits when a coin is pumped and dumped,we should know clearly about when to enter and exit the market.
Crucial factor is that you spot early accumulation patterns. In most cases if a pump is going to happen, the people behind it are slowing buying up small number of coins - this process can take a week or two, but also a few months. Their main priority is to buy as many coins as possible, but without actually pushing the market forward too much. If you manage to spot this accumulation pattern, you can do basically the same as the pumpers are doing, but without actually pumping the market yourself - they will do the work for you. Once the pump has been initiated, it's up to you to find a worthwhile exit point. If you exit too soon, you'll miss out on even better profits, if you exit too late, you'll be seeing your profits vanish very quickly. I always prefer to go with the first option - better safe than sorry. The question still remains; How do we really know the best time to "Enter" on certain coin and when to "Exit"? That is what really slowing us down because nobody wants to lose money on the market. We all want to play the ball with the big whales. but the question is how?
|
|
|
|
pearlmen
|
|
September 07, 2017, 12:29:31 PM |
|
The question still remains; How do we really know the best time to "Enter" on certain coin and when to "Exit"? That is what really slowing us down because nobody wants to lose money on the market. We all want to play the ball with the big whales. but the question is how? These questions separate an expert in pump and dump from someone who is following the tide in which majority of us belong to this class. It is a known fact that we all wished to buy low and sell high but knowing the right time or what will happen next is another issue of concern for a group of pumpers and dumpers, this is not the case as they know when to enter and exit the market no matter what will happen next after their decision,
|
|
|
|
mung_nasib
Full Member
Offline
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
|
|
September 07, 2017, 01:40:43 PM |
|
The best way that people often do to get many benefits multiply with trading strategy so that they must have the right time in terms of coin exchange so that the process runs smoothly also in imbangi by requiring very good concentration.
|
|
|
|
harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
|
|
September 07, 2017, 01:42:15 PM |
|
The question still remains; How do we really know the best time to "Enter" on certain coin and when to "Exit"? That is what really slowing us down because nobody wants to lose money on the market. We all want to play the ball with the big whales. but the question is how? That's why there is a thing called analyzation. That is the challenge here, knows when is the right time to ENTER and to EXIT. The strategy vary per person that's why I don't believe in trading analysis since price is volatile and part performances can't guarantee future results. Also you don't have to play with the big whales, you must ride the trend they will started instead. The important thing people must have in trading world is guts to face all the associated risks.
|
|
|
|
Sir Legend
|
|
September 07, 2017, 02:08:53 PM |
|
if we have 100 btc or more, of course up and down will make our heart beat faster. I do not think it's a game, but more for predictions and speculation. I suggest not to save all money to bitcoin, but can we switch to altcoin for example ETH, Waves, Monero etc.
|
|
|
|
cybersofts (OP)
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
|
|
September 07, 2017, 04:47:24 PM |
|
The question still remains; How do we really know the best time to "Enter" on certain coin and when to "Exit"? That is what really slowing us down because nobody wants to lose money on the market. We all want to play the ball with the big whales. but the question is how? That's why there is a thing called analyzation. That is the challenge here, knows when is the right time to ENTER and to EXIT. The strategy vary per person that's why I don't believe in trading analysis since price is volatile and part performances can't guarantee future results. Also you don't have to play with the big whales, you must ride the trend they will started instead. The important thing people must have in trading world is guts to face all the associated risks. So that means there is no easy way to play the same team with the big whales. And the best way to do it is by taking risk and pray to see the pumping days of certain coin then. Well, I think the solution to that is to buy as many cheap and high performing coins as possible in the market. Monitor their marketing stats, and values regularly. Sell the most performing ones when gets high and buy when it's low.
|
|
|
|
error08
|
|
September 07, 2017, 05:02:58 PM |
|
There are many trading groups which gather their funds to pump and dump in order to get profit from people who don't know about it, or from their group members who buy the coins in the last minutes. It's a risky activity for newbies because the heads of the group will command to buy certain coin which they've invested before, in other words; don't believe to all of their words. Do your own research before invest in altcoins.
|
|
|
|
futile-resistance
|
|
September 09, 2017, 06:27:10 AM |
|
The best way that people often do to get many benefits multiply with trading strategy so that they must have the right time in terms of coin exchange so that the process runs smoothly also in imbangi by requiring very good concentration.
I think this is why people who do this makes out much more money as compared to those who get panic at the time when prices are falling down. I too believe in it that you need to think smartly and make your decisions very much carefully. Only then you’ll be able to get what all you want.
|
|
|
|
Wingo
|
|
September 09, 2017, 08:56:27 AM |
|
This is the fastest way of earning. Buying and selling bitcoin in just a very short period than holding it for a long time. This is using the volatility of bitcoin to earn a profit and this is the best way to start with.
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3276
Merit: 2150
I stand with Ukraine.
|
|
September 09, 2017, 09:10:39 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This happens all the time with the altcoins which have small market cap. Some people say that even big cryptos like Bitcoin and Ethereum are often manipulated this way, but I don't think so. In my opinion it is the supply & demand is what makes the price of big coins to fluctuate, not pumping and dumping.
|
. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
|
|
|
|
Chachacoin17
|
|
September 13, 2017, 08:34:59 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Well that's normal for traders. That's one way to gain profit in trading. That's happening all the time so it's not just recently. Sell high, buy low. That's the motto for traders. Because people trade to gain. So people do it to make more money. Who else in this world don't need money?
|
|
|
|
crzy
|
|
September 13, 2017, 08:53:36 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts well if you're a trader its normal, that's the rule of game, this is why technical analysis exist, and for me in every market this is happening, if you're a good trader you will win in this kind of market.
|
|
|
|
Quietman
|
|
September 13, 2017, 10:12:43 AM |
|
I think it's just natural for the cryptos. If it wont happen, traders will not gain and profit. And I guess traders are very eager to trade because of the pump and dump. So better be watchful about the value of bitcoin and other cryptos if you want to gain profit.
|
|
|
|
Ejanend
|
|
September 16, 2017, 05:50:01 PM |
|
I think it's just natural for the cryptos. If it wont happen, traders will not gain and profit. And I guess traders are very eager to trade because of the pump and dump. So better be watchful about the value of bitcoin and other cryptos if you want to gain profit.
Yes you are right mate! That’s happening because bitcoin is very volatile and a lot of investors are gaining profit because of the volatility of the bitcoin, people buy bitcoin at the time of dump and they sell it when they see the price of the bitcoin pumping high, so this kind of investment can give the huge profit to the investors and they will be able to earn money for their family.
|
| | | | │ | | │ | BUY CRYPTO AT REASONABLE RATES▄▄███████▄▄ ▄█████▀ ▀█████▄ ██████ ▄█▄ ██████ ██████ █████ ██████ █████ ▄ ███ ▄ █████ ████▌▐██ █ ██▌▐████ ███▄ ▀▀▌ ▐▀▀ ▄███ ▀████▄▄ ▄▄████▀ ▀▀███████▀▀ | ▄▄███████▄▄ ▄█████▀█▀█████▄ ████ ▀████ ███████ ███ █████ ███████ ▀█████ ███████ ███ █████ ████ ▄████ ▀█████▄█▄█████▀ ▀▀███████▀▀ | ▄▄███████▄▄ ▄█████▀▀▀█████▄ ██████ ▐███████ ██████▌ ▀▀███████ █████▀ ▄████████ ████▄ ▀▀▀▀▀▀████ ███▌ ▄███ ▀█████████████▀ ▀▀███████▀▀ | & | OTHER COINS |
| │ | |
|
|
|
pitiflin
|
|
September 16, 2017, 06:28:00 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts That's more of a buy high and sell low theory and it has been prevailing for decades, it wasn't discovered yesterday and people who are involved in stock market and trading and related stuff do this on a day to day basis and not on a rare one, and sometimes they just keep investing for a whole month and then sell it when price reaches to it's very saturation point. Seems a good technique for me though. But you need patience and capital for that.
|
|
|
|
BTConFire
Newbie
Offline
Activity: 28
Merit: 0
|
|
September 16, 2017, 06:35:35 PM |
|
I guess this game is what motivates the investors to risk their money. Also, the whales who buy a lot of BTC are the ones controlling the crpyto world. Bitcoin is only famous because it is volatile. People get a Gambling feel while investing and selling BTC. I guess this is a nice trend of price rise and fall where the patient person gets his reward and panic sellers or buyers walk home empty handed. Countries like China are also influencing its price with their threats and impositions.
|
|
|
|
Kingofbitcoin12345
|
|
September 16, 2017, 06:36:16 PM |
|
I am not too long in bitcoin but in stock market it is normal the difference is bitcoin and altcoin can be manipulated by group of investors or can dictate price by pumping and dumping of certain amount of coins.. When the popularity of bitcoin is increasing more investors will playing the game but in that time it will be harder for them to swayed the bitcoin value by them alone.. It is a bidding game,, more bidder means higher cost.. This wasn't new and not only visible on cryptocurrency but in fiat and world stock market..
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
September 16, 2017, 07:13:14 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This happens all the time with the altcoins which have small market cap. Some people say that even big cryptos like Bitcoin and Ethereum are often manipulated this way, but I don't think so. In my opinion it is the supply & demand is what makes the price of big coins to fluctuate, not pumping and dumping Bitcoin and Ethereum are also quite susceptible to market manipulation Even markets for real life commodities had been heavily manipulated in the past, and the most conspicuous example is the silver market which had been almost cornered by the Hunt brothers in 1980. And just a few years ago the same silver market had been pumped up to 50 dollars per ounce with its price today way below 20 dollars. You obviously forget to take into account that with higher prices markets necessarily become thinner and thus more susceptible to manipulation. This is sort of inevitable
|
|
|
|
Halcyon Days
|
|
September 17, 2017, 09:49:56 AM |
|
Pump and dumps have always been part of the game. In the early days of BTC and ETH and in almost every small altcoin with low volume. Just sell high and do not buy into the pump peak, especially if the altcoin does not seem promising.
|
|
|
|
Jafri101
|
|
September 17, 2017, 10:10:39 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Yeah exactly. This happens almost daily in some new coins which cant bare waiting for time, they rather try to artificially pump the coin and when people start investing they slowly dump little and pump again people believe its good they re-invest more amount and the developer dumps the coin and the coin is then known as scam coin.
|
|
|
|
sofi@
|
|
September 17, 2017, 10:27:53 AM |
|
I'd like to believs that this is the nature of crypto currencies specially bitcoin that fluctuations is part of the game but as I look at the board right now it seems bitcoin is crashing down and may not recover. I am quite disappointed with the value of my savings I want it to grow I hope bitcoin will pump again
|
|
|
|
olubams
|
|
September 17, 2017, 11:30:11 AM |
|
We actually believe what we wanted to believe and since that is the game, then everyone move along with it whether you win or lose is now up to how you play the game. However, the pump and dump is actually a figment of our own imagination because if that is the game, then we should also liken it to what is happening either in the stock market or the foreign exchange market. What we are facing is just made possible by virtue of volatility and nothing else.
|
|
|
|
Dainye_dyep
|
|
September 27, 2017, 04:50:01 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts This hasn't been happening recently, it has been happening since the very beginning, and not only in crypto-currency markets, it happens in any markets with low liquidity, pretty sure penny stocks also some crazy volatile shit. Yes thats true, and whether we like or not bitcoin will still be like that, it is a way for it to continuously grow, we should with that fact and aside from that maybe thats becuase it is not rigid unlike other with stable value, the market still change and it rflect on the price, it dumo and pump, it make us wait but thats how we can be productive here you have to wait before you can earn cause it is not that simple to exchange or trade coins, we must consider first the value cause the lost will only return to you.
|
|
|
|
SummerBliss
|
|
September 27, 2017, 04:59:02 PM |
|
Cryptocurrencies are decentralised and hence are unregulated. Thus, pumps and dumps which are considered to be illegal in other markets are quite common in here. We certainly can't escape this. Because of this many new investors made loss in altcoin trading specially. Some coins are mere pump and dump ones. Analysing a coin is therefore very much needed before investing.
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
September 27, 2017, 05:15:49 PM |
|
Cryptocurrencies are decentralised and hence are unregulated. Thus, pumps and dumps which are considered to be illegal in other markets are quite common in here. We certainly can't escape this. Because of this many new investors made loss in altcoin trading specially. Some coins are mere pump and dump ones. Analysing a coin is therefore very much needed before investing I'm very doubtful of that Could you please name a few markets where pumps and dumps are outright prohibited? I, for one, don't know of any. It may well be the case that trading can be temporarily suspended if some asset falls too fast (and this does happen now and then to trash stocks and shitty currencies), but how are you going to distinguish between an illegal dump when someone sells his assets in bulk and an illegal dump when someone does essentially the same?
|
|
|
|
Spontebob
|
|
September 27, 2017, 05:19:52 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts We should not be surprised with this manner anymore because we all know that it's part of being here in bitcoin. But I think those kind of situations occur because there are some trouble happening in the market. But still, even this things are happening nowadays, we should still have faith that the value of bitcoin will rise once again and will give benefit to many. Let's just keep on hoping and risking until we get what we really want.
|
|
|
|
bentong talong
Full Member
Offline
Activity: 383
Merit: 100
🚀🚀 ATHERO.IO 🚀🚀
|
|
September 27, 2017, 05:20:12 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts From the very beginning that you've entered bitcoin, you should set yourself ready for the pumps and dumps. Pumps brings us unexplainable joy while dumps brings us loneliness and depression. But amidst all the effects od pumps and dumps, we should still look at the bright side wherein we should keep om hopinh and trusting that the value of bitcoin will keep on rising. By this, we may attain what we are aiming for that will surely benefit all of us.
|
|
|
|
Ajinomoto40
Full Member
Offline
Activity: 338
Merit: 100
Buy, sell and store real cryptocurrencies
|
|
September 27, 2017, 05:20:51 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts We all know that ever since bitcoin was made, it was prone to uncertainy of it's value. It is not new that such things would occur wherein the coin will get pumped up them dumped down in a momemt. This is all part of the game I think and only those people who are willing to risk would have the chance to have the big reward waiting ahead. Thing are being changed day by day in the market so it is really normal to see the value of bitcoin changing.
|
|
|
|
swscowods
|
|
September 30, 2017, 08:50:49 AM |
|
I think it's just natural for the cryptos. If it wont happen, traders will not gain and profit. And I guess traders are very eager to trade because of the pump and dump. So better be watchful about the value of bitcoin and other cryptos if you want to gain profit.
Yes you are right mate! That’s happening because bitcoin is very volatile and a lot of investors are gaining profit because of the volatility of the bitcoin, people buy bitcoin at the time of dump and they sell it when they see the price of the bitcoin pumping high, so this kind of investment can give the huge profit to the investors and they will be able to earn money for their family. It is just the matter of time and matter of patience unfortunately if it goes down it will comeback with huge profit and will give advantage to the investor who is holding it. if prices goes down one should hold the bitcoin and wait for right time and when it rise again then come into market and enjoy the most percentage of profit and get joyful life.so never think that it is going down. It will move one step back it will move 20 steps forward.
|
|
|
|
ss890
|
|
September 30, 2017, 09:01:22 AM |
|
Yes they will do it always and it keeps happening all the time. But have you noticed that this happens only with specific coins which do not hold much of the value in the initial stages. This is because the coins with premium value will not be affordable to pump at the first stage and if something goes wrong with the trade then it can be harmful investment. People will loose a lot. Doesn't matter for the premium coins because they are more or less controlled with big companies and used as utility coin more often. They have stable prices always and are less prone to pampers. Safest coin to invest.
|
|
|
|
gekon
Member
Offline
Activity: 70
Merit: 10
|
|
September 30, 2017, 09:09:31 AM |
|
Pump and dump is the way to earn profit in Trading of some "big hands". With their huge capital they can do much thing that can affect strongly to the marketcap with news or big selling. We're just some small fish in the ocean that can be swallowed or eaten by any kind of big fish. And they're the whales that we need to dodge.
|
|
|
|
wantjokull
|
|
September 30, 2017, 10:05:44 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts well if you're a trader its normal, that's the rule of game, this is why technical analysis exist, and for me in every market this is happening, if you're a good trader you will win in this kind of market. It's not always good strategy to follow because that's uncertain trade and it lasts literally from minutes to hours and not more than that. These groups are artificial, they come together on the medium like twitter, Facebook or telegram more oftentimes to discuss which coins to be pumped at what time, and when but there is risk involved in this kind of gamble. What if many of the users sucks at wrong time and you made wrong investment. Thus can be waste of time and money as well. Winning this kind of situation is completely different because it is anyway manipulated trade. Anything can happen.
|
|
|
|
mudasarali43
|
|
September 30, 2017, 10:53:37 AM |
|
Pump and dump are also playing the role of game in cryptocurrency because the group is pumping and dumping the coins without any reason so that is why I mention it is working same like the game.
|
|
|
|
ronafurw
|
|
October 04, 2017, 03:16:13 PM |
|
Cryptocurrencies are decentralised and hence are unregulated. Thus, pumps and dumps which are considered to be illegal in other markets are quite common in here. We certainly can't escape this. Because of this many new investors made loss in altcoin trading specially. Some coins are mere pump and dump ones. Analysing a coin is therefore very much needed before investing.
Pump and dump is part of game and decentralization Is beauty of bitcoin so don’t need to worry about that handle it with calm and everything will be alright and moreover as new investor is not so experienced and will caught into panic and made loss which will result of his staying away from the coins so stay calm and then trade.
|
|
|
|
maurobiasolo
Full Member
Offline
Activity: 602
Merit: 101
http://scientificcoin.com/
|
|
October 05, 2017, 07:04:22 PM |
|
Most of the coins are completely non-sense! They are simply used to raise money and to let people trading them (in a completely unregulated market)
|
|
|
|
lvincent
|
|
November 11, 2017, 05:30:49 AM |
|
It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.
|
|
|
|
carriebee
|
|
November 11, 2017, 05:53:39 AM |
|
It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.
Well bitcoin has been known by many because of pump and dump value. It is been good to be wise and you know how to ride with the moves in the market for us to earn profit during trading. Pump and dump are usually happening in the exchange.
|
|
|
|
nidacoinlove
|
|
November 11, 2017, 05:54:27 AM |
|
It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.
Traders have no other option than to buy low and sell high. Every crypto trader is with the aim to earn, the only possibility of earning is it's basic rule to be followed which is none other than to buy a coin when it's price is low. Therefore, many of the crypto traders show interest in the ICO because if the coin or the token price rise it gives them benefit with profit.
|
|
|
|
BTCbengi
|
|
November 11, 2017, 06:00:14 AM |
|
It is an effective business strategy. They always know how to increase the value of a coin and then sell it at the highest possible price. Do not do business and keep up the psychological will help you on becoming richer. Most people here follow the opinion of the majority and almost all of them fail.
|
|
|
|
felipe04
|
|
November 11, 2017, 06:04:36 AM |
|
Its given here in bitcoin because see the past history the price of bitcoin is so low only but after a few years people acknowledge this as good as digital money so the price keep growing month by month,day by day they enjoys bitcoin so its keep growing i think the price go low if some investor are not going well in their project like some coins that didn't go well like the coins are gone
|
|
|
|
Juliedarwin
|
|
November 12, 2017, 01:47:14 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It is normally that could happen for trading transactions. Literally It's like a game that when you get win or to loss. So it is better to be wise and you know how to ride the moves or the flow goes pump or dump.
|
|
|
|
eristica.com
Member
Offline
Activity: 222
Merit: 26
|
|
November 12, 2017, 01:58:49 PM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts Sadly, perhaps regulation in this case will be useful. Then you can legitimately limit speculation.
|
|
|
|
CuriousGeorge
Sr. Member
Offline
Activity: 1498
Merit: 251
KUWA.ai
|
|
November 12, 2017, 02:02:28 PM |
|
Pump and dump is the way to earn profit in Trading of some "big hands". With their huge capital they can do much thing that can affect strongly to the marketcap with news or big selling. We're just some small fish in the ocean that can be swallowed or eaten by any kind of big fish. And they're the whales that we need to dodge.
I think, we as small fish as you said, just need to follow the flow, we need to be smart to read the current trends and the upcoming, we also need to be able to read what all those whales actions. Traders will rather small capital like us can't even affect the market unlike those whale who could actually affect the bitcoin price or easily manipulate any altcoins with the market volume they capable.
|
|
|
|
poletando
Full Member
Offline
Activity: 364
Merit: 100
PlayGame.com
|
|
November 12, 2017, 03:09:29 PM |
|
i think it will happen in all trading subject, like stock trading and cryptocurrencies, what is the different? the pumpers and dumpers can work in the market if the price of coin is lower than their wallet, so they can easly to buy and sell that coin, that makes the price is not stable
|
|
|
|
iram1011
|
|
November 12, 2017, 03:36:06 PM |
|
Crypto market isn't regulated like Stock or share market. Some big holders aka whales are highly manipulating the market for their own profits like we recently seen in BCH where pump is back again in action after a 50% dump. Such big hodlers are making tremendous out of small investors.
For staying safe in this market, one need to trade with logic instead of sentiments. Never follow a sudden price increase or a pump happening without any reason. Jump in a coin which really have potential or use cases. Stay in top 10 or some mid cap coins. Trade with your brain and don't follow someone else's signals or portfolio.
|
|
|
|
Siopao
|
|
November 12, 2017, 03:39:09 PM |
|
Pump and dump. This has been happening in bitcoin ever since it started. So as a bitcoiner, we should know when to hold, to buy and to sell your bitcoin. We should monitor the value of bitcoin and analyze the movement of btc value so you can get the highest ROI possible.
|
|
|
|
nobody-
|
|
November 12, 2017, 03:43:44 PM |
|
Crypto market isn't regulated like Stock or share market. Some big holders aka whales are highly manipulating the market for their own profits like we recently seen in BCH where pump is back again in action after a 50% dump. Such big hodlers are making tremendous out of small investors.
For staying safe in this market, one need to trade with logic instead of sentiments. Never follow a sudden price increase or a pump happening without any reason. Jump in a coin which really have potential or use cases. Stay in top 10 or some mid cap coins. Trade with your brain and don't follow someone else's signals or portfolio.
Indeed. Whales can easily manipulate the market. That is why it is best to follow the coin that you really think have a huge potential and not follow the sudden pumps. Because if you follow these pumps and invested on it when the price is high there is chance that it can also suddenly dump. And you will lose your money.
|
|
|
|
Darklinkz
|
|
November 20, 2017, 08:28:43 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It depends on you if you want to count yourself as part of them. You have the choice to ignore them or not because if you really know your coin and it's real potential then you know that the only way it's going is up.
|
|
|
|
henmark
|
|
November 21, 2017, 11:56:48 AM |
|
Did you guys noticed what was happening recently in the crytocurrency world? People pump certain coin and then dump it later when the price hit the highest level. And then buy later when the price dip to the lowest level. What do you think of this? Share your thoughts It is normally that could happen for trading transactions. Literally It's like a game that when you get win or to loss. So it is better to be wise and you know how to ride the moves or the flow goes pump or dump. Bitcoins prices flow always goes up and down which may seem to be a pump and dump game to newbies and users of bitcoins. This is so because of the volatile nature of the bitcoins. People think that it is just a time pass for many people but it actually is real world game to make money. You may get examples of hundred and thousands of peeps who have changed their life through it.
|
|
|
|
|