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Author Topic: Pump and dump is the name of the game.  (Read 3409 times)
Betwrong
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September 09, 2017, 09:10:39 AM
 #121

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 Grin

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.

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September 13, 2017, 08:34:59 AM
 #122

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 Grin
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?
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September 13, 2017, 08:53:36 AM
 #123

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 Grin

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.

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September 13, 2017, 10:12:43 AM
 #124

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.
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September 16, 2017, 05:50:01 PM
 #125

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.   

   

 
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September 16, 2017, 06:28:00 PM
 #126

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 Grin
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.


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September 16, 2017, 06:35:35 PM
 #127

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.
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September 16, 2017, 06:36:16 PM
 #128

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..

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September 16, 2017, 07:13:14 PM
 #129

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 Grin

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

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September 17, 2017, 09:49:56 AM
 #130

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.

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September 17, 2017, 10:10:39 AM
 #131

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 Grin

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.
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September 17, 2017, 10:27:53 AM
 #132

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

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September 17, 2017, 11:30:11 AM
 #133

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.
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September 27, 2017, 04:50:01 PM
 #134

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 Grin

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. Cheesy

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.
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September 27, 2017, 04:59:02 PM
 #135

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.
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September 27, 2017, 05:15:49 PM
 #136

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?

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September 27, 2017, 05:19:52 PM
 #137

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 Grin
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.

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September 27, 2017, 05:20:12 PM
 #138

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 Grin
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.

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Ajinomoto40
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September 27, 2017, 05:20:51 PM
 #139

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 Grin
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.

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September 30, 2017, 08:50:49 AM
 #140

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.
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