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Author Topic: How Traders 'pump And Dump' Cryptocurrencies  (Read 541 times)
alisaadat60
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February 16, 2018, 08:01:40 AM
 #41

Of course they do that.the whales have enough investments to play with the market.
when they want to dump a coin they sell some of their own , and to pump a coin they make some buy wall in market.
other people work as they want.
amzad
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February 16, 2018, 08:04:29 AM
 #42

PumpKing Community." It is one of many groups on the messaging app that appear to be dedicated to "pump and dumps" — coordinated buying that artificially inflates the price of cryptocurrencies, in the hopes of attracting outside buyers to then "flip" the currency onto at a profit. Other Telegram groups include Pump.im, Crypto4Pumps, We Pump, and AltTheWay.
Cryptocurrency markets remain largely unregulated and so these schemes aren't technically illegal — yet. However, the same schemes are illegal in the regulated markets that cover assets like stocks and bonds.
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February 16, 2018, 09:13:03 AM
 #43

if you discuss the pump and dump for cryptocurrency it seems that it will bot you loss and make you as their slave telling you to buy the coin they announced. better self-confidence and self-analysis of existing conditions and graphs.
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February 16, 2018, 09:15:53 AM
 #44

There's a exchange for example BIttrex Binance HItBTC Bitfinex etc, and theres alts and BCT there and a person put fiat or BTC and they exchange for altcoins.
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February 16, 2018, 10:03:03 AM
 #45

Of course they do that.the whales have enough investments to play with the market.
when they want to dump a coin they sell some of their own , and to pump a coin they make some buy wall in market.
other people work as they want.

Of course big whales traders do it but it is a good for us, and also you and me, not a big whale but we are also a part of this game, and we also do it when bitcoin price pump then we sell our bitcoin and make profit and when bitcoin price dump then we buy the bitcoin. So enjoy this up and down and make profit in this wise, and now bitcoin pump is starting and it will be chanced for us to make profit from it.   

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February 16, 2018, 04:14:35 PM
 #46

I ever read an article, it said in the trading, some people do the price manipulation (pump or dump), maybe 80 or 85%. They always do that to get the trader.
I also heard it, the most responding Exchanger with this issue is bittrex.
at that time bittrex locked fake accounts coming from different countries to prevent price manipulation by pump or dump.

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April 22, 2018, 12:12:33 PM
 #47

Hi friends don't fall in pump and dump shit you will only lose , buy coins which pumps slowly and gradually  with proper team and  project behind them ,if are confused which coin to buy which not to buy then I would like to share my channel with you its free and all my calls moon very fast, not lots of calls few calls but all of them touch the moon, no lot of talking needed see results and decide urslef , I don't have any greed , all I want is to help those who have lost so much as I once lost so much but nobody helped , I don't want this to happen with the ones who are in need hence I share u the invite link https://t.me/bullseyecrypto
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April 22, 2018, 01:52:08 PM
 #48

I ever read an article, it said in the trading, some people do the price manipulation (pump or dump), maybe 80 or 85%. They always do that to get the trader.
I also heard it, the most responding Exchanger with this issue is bittrex.
at that time bittrex locked fake accounts coming from different countries to prevent price manipulation by pump or dump.

Well they have to have sufficient number of btcs to move the price. Aside from whales, some telegram groups make use of their members to pump or dump a coin. They take advatage of people who are too lazy to make their own studies

 
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