Bitcoin Forum
July 08, 2024, 09:08:09 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Anyone else playing the MCO game?  (Read 184 times)
greyworld (OP)
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
August 29, 2017, 05:23:16 AM
Last edit: August 29, 2017, 05:55:38 AM by greyworld
 #1

It's fun to see if you can out trade their pump-bot.

It follows the same pattern and just keeps escalating the scale of it.

It buys coins in a way that inflates the price, in mass and several pages at a time.   When the price inflation has gained enough momentum to no longer need this, at the new higher levels, sell off most of the coins bought at the cheaper prices.  Save some for after a lull in the activity to drop all at once in a way that thoroughly depresses prices enough the bot can buy them all back again at cheaper price.  Then rinse, repeat.

If you time it right you can make a ton off this but take care, it could stop any time.  As soon as they turn off the pump-bot, the price will deflate.  Especially when the 31st hits and MCO staff start liquidating their coin, tripling the circulating supply currently in use.


'¸ __ ¸*ˆ * ·¸ ____ ¸*ˆ*· ¸ ______________________ ¸ ·*ˆ*¸ ____ ¸· * ˆ*¸ __ ¸'
. `·.,¸¸,.' .CKPOOL.ORG - Zero Fee Anonymous Bitcoin Mining Pool´ . . . '.,¸¸,.·´ .
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ `·.,¸¸,' ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ',¸¸,.·´ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!