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FiiNALiZE
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January 20, 2018, 10:59:52 PM |
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Can you do a pump and dump with little money?in a cryptocurrency
If the marketcap is really small then the coin value can get pumped or dumped. If you have a lot of money then you could also pump and dump a coin also. |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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xindoa
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Activity: 194
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Staker.network - POS Smart Contract ETH Token
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January 20, 2018, 11:01:47 PM |
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if the coin you are buying is worth verry little you can make a verry little pump with nog much money but you will need a very very large group of people with little money to get it done.
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Tashi
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January 20, 2018, 11:11:42 PM |
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Can you do a pump and dump with little money?in a cryptocurrency
The total capitalization of crypto currency market is about $500B so you need to be a big whale to control the prices of the crypto currencies.But I don't think people from here are not have that much ability to control the prices.So we have to make the money using the bumps and dumps accordingly.There is another option to control the bump and dump by spreading the positive and negative news all over the world.If you have these kind of ability the you also can the bumps and dumps. Additionally, you can’t do pump and dump with a little money in a cryptocurrency, especially in the popular ones like Bitcoin etc. The pump and dump of a coin can’t be controlled by the people with small amount it would be needing a huge amount of money, and I agree with this statement. You can however, make a way to spread positive or negative news about a certain coin that could affect it’s pump or dump |
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tinof
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January 20, 2018, 11:19:44 PM |
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Why do you want to pump and dump on first place? This is bad business. if you join a group you will lose all your money. My advice: Don't try it!
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filharvey
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January 20, 2018, 11:51:05 PM |
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Can you do a pump and dump with little money?in a cryptocurrency
Well.it depends upon the coin's marketcap in which you are investing.If the marketcap is high,then you would be just a tiny fish not able to do so. |
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pwchan001
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January 21, 2018, 10:19:33 AM |
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If the coin has small market cap and value plus there are only a few sell and buy orders, you may be able to pump the price by placing buy orders with higher price. However, since you only use little money to buy the coin, the transaction volume will be so low that even a person with limited knowledge in trading will figure out it is a trap and hence avoid participating in the game, leaving you playing alone.
However, this is not the worst case. The worst case is when someone holds a large amount of that coin knows that there is a sudden increase in price, he will try to sell all his coins to you…and you end up with lots of coin bought at higher price…..
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Welcome to feeless future! (https://discord.gg/tdN4ue6) |
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bamboylee
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January 21, 2018, 10:27:57 AM |
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You can do this on a shitcoin because the volume is too low that a small amount can move the price either way. But that will not work to seasoned traders because they will notice it immediately. To a more stable and popular coin, you need to have a lot of money to initiate a pump or dump trend.
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Shamie1002
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January 21, 2018, 10:28:06 PM |
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Nope, I guess you won't be moving the market with that little of a money. The movement of prices will be depending on how much you would be placing yourself in the market. The greater the percentage you give in the greater the possibility that you can affect the prices or you can easily manipulate it.
I think it's a bit harder since investors such as businesses are involve now. A single person can't or an average person can't allocate even a near to one percent of investment.
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Carmen01
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Streamity Decentralized cryptocurrency exchange
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January 21, 2018, 11:39:57 PM |
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Actually do investing here are good always for long term so low and high spend so much long time in any coins that all we can do in investing here even big or low money so there's no need to ask if you like to invest big or little money because it's base only if the price go really high then you sell it in that time another thing i invest only a little here and it's 7x now since i start.
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iigor
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January 21, 2018, 11:41:54 PM |
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No, you need a lot of money for pump and dump strategies (if you could call it strategy). If you don't have much money, you will be better off investing them in some mid to long term project and wait for good time to sell.
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deathwish
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Enjoy the journey...Live in the now...Future will
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January 21, 2018, 11:47:13 PM |
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you wish... pump and dump is for people with huge assets. small amount can contribute in a pump and dump but not create it. You can pump and dump with small amounts... not in crypto though... ha ha ha  |
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Dreamchaser21
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January 21, 2018, 11:53:08 PM |
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Can you do a pump and dump with little money?in a cryptocurrency
If the marketcap is really small then the coin value can get pumped or dumped. If you have a lot of money then you could also pump and dump a coin also. You can't pump and dump coin even if the market cap is small if you just have a $1k. Better not to focus on this matter instead focus on holding great coin because if you just look at a short term goal then you might loose money. Always look for a long term goal so you can have a lot of time to accumulate more coins. |
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blue_id69
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January 22, 2018, 12:44:09 AM |
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pumping coin mean you buy it until the price go up cause the demand increase and the supply decrease cause you buy it, if you not have a lot of money you can do that.
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wayaneka
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January 22, 2018, 03:46:44 AM |
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Offcource not because will not any effect with price, to do pump dump should be by huge amount of money and you can do it with group. In my opinion pump dump trading is bad for cryptocurrency market in the future because this thing just like gambling.
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ryjin1007
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January 22, 2018, 03:49:43 AM |
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Nope a little bit of money cant possibly manipulate the price of the market you need a more money to do some manipulation of the prices of that token that you want to dump or pump because there are so many whales that can easily break the walls in the order list
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CryptoNews1
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January 22, 2018, 04:00:26 AM |
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Can you do a pump and dump with little money?in a cryptocurrency
I dont think so becasue it will not affect the market |
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Soke
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January 22, 2018, 04:02:53 AM |
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With a little amount of money, you can pump a dead coin and be a bagholder.
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siddartha1492
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January 22, 2018, 04:11:05 AM |
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Damn, why is everyone into pumps and dumps? Probably this is the reason why some people label cryptocurrencies as ponzi schemes............
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akmittal
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January 22, 2018, 04:19:27 AM |
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It is not possible to pump or influence the Market with the little money. But if you have big social connections than you can influence the market without money.
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mobilazy
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January 22, 2018, 04:26:28 AM |
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If you check 24hrs volume of coins below 800 rank in a market cap you see like 20k to 100k. In crypto market, it is considered quite a little. I'm sure majority of this coin owners are just selling the coin to themselves, attracting some guys, who blindly looking for 1000% profits. And no risk to coin owners as money is just going in circles. I'm always checking 24hrs volume, looking for values at least a million dollars to do come conclusions.
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---Bounty is a stupid use of my time---
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