Is Bitcoin a pump and dump scheme?

[levvv]

no, bitcoin is not a pump n dump scheme. bitcoin may dumping and later it pumps back sometimes.
but this is because the value of bitcoin itself volatile. Everyone in cryptocurrency should know about this.

[RochaMckay]

Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party

[cyriljundos]

the bitcoin is sometimes dumped as well as we do not know what is the trend in the bitcoin market because it goes up or down but that's in the fixture but not at all times dump that it all pumps a sudden run

[eekkaa]

yes you are right it seems to be just a conspiracy of pump and dump only, you should be able to take advantage of such moments to be able to get a lot of profit, by buying when dump and sell when pump.

[DannyMarco]

The community of bitcoin should take necessary steps as soon as possible .

[removebeforeflight]

Definitely Bitcoin is not a pump and dump group, it is that it would have stayed at $20k which was reached last year. Bitcoin price is based on different reasons and there is no specific reason for the price rise or dip. The current trend of Bitcoin is moving stead fast and it is moving to a higher rate within the next couple of months. Crypto currency market is always a volatile market and anything can happen at anytime.

[abiola1]

A pump-and-dump (or Ponzi, or whatever) needs an actor to orchestrate it, and cryptocurrency doesn't have one. No one controls it — it's just a group of people buying and selling, in a completely open market.

[zuninholo]

Every market has pumping and pouring
Pump capital to buy a certain amount, invest in the long term, and pour into the market when it has achieved optimal profit.

[buternasek]

I also think as with what you are thinking, it's just like a game by big investors with lots of bitcoin, with big sales by investors making bitcoin prices slump and vice versa, and this is sure to happen again and again every year.

[KourtneyK]

I don’t think bitcoin is a pump and dump scheme because it had always been fluctuating ever since. If it was a pump and dump a lot have already waited for the increase of the market and decrease of the price.

[mahibul49]

bitcoin is not pump and dump.its a solid coin and king of other crypto and its so cheap now.
its buy time and holding time.buy and hold before bull run start.

[bitcoinman93]

Base on what I learned here in bitcointalk and understand, Probably not. A  pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.

What do you think ?

bitcoin is not a pump and dump scheme. If you spent some time studying something about bitcoin, you would have known that. If someone says bitcoin is a bubble, there is at least some meaning in that, although it's not bubble either..

[CryptoManiac3]

Whether it can be classified as a pump and dump scheme or not, it's changed the lives of many people imo. "Scheme" is a little harsh since it does actually benefit us as well

[GilbertQuintanilla]

yes, i agree with you because stocking it sometime make pump and some time pump.

[IndigoRed]

A pump-and-dump scheme will need someone to orchestrate it, and bitcoin or any other cryptocurrency does not have one. No one can actually control it because it comprises a group of people buying and selling, in a completely open market.

[maydna]

sometimes I see that bitcoin is a pump and dump scheme because once the whales moving, they can increase or decrease the price but this will not go to stay forever because the market does not depend on the whales only. people will follow with the price and it seems that they are learning from the past so they know that there is no news or there are no bad news but the price decreases they will hold the price so the price will not go down too far and I think they are read on many websites to know what is happening with bitcoin.

[Md.salauddin]

No btc is not a pump and dump scheme . only those people who dont know about crypto specially btc those people think it is a pump and dump . Btc always the best investment and btc is the king of all other currency.

[doraemon26]

No btc is not a pump and dump scheme . only those people who dont know about crypto specially btc those people think it is a pump and dump . Btc always the best investment and btc is the king of all other currency.

I agree with you, btc is way more better than other currency, someday it will be used as a single currency across the world . best investment is also its advantage.

[mcmge]

That is just ONE of possible leverages which can affect situation on the market, and they can do it tremendously. Anyway, even dump is a free will of users, so it's kind of fair

[btcluisdiki]

With the achievement of bitcoin in the crypto market, I personally do not agree that btc is a pump and dump scheme and I think that would also depend on the person's views about btc. For some  trader and investors approach, considering they just wanted to earn profit quickly, they would sell their btc after the pump and everytime there will be another bear market, they tend to buy again.