Pumping and Dumping

[EdenHazard]

The market cryptocurrency we can say still young, so we will not be weird to know that. Pump and dump will always exist because assuming doing so will benefit greatly.

By law now we have to accept that happens, because until now many governments are still indifferent against market cryptocurrency.

However, for a scam problem that now has a lot to happen should need a serious handling, because it will affect the bad image of cryptocurrency. And cryptocurrency needs a special agency to handle the problem.

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[reflector]

The market cryptocurrency we can say still young, so we will not be weird to know that. Pump and dump will always exist because assuming doing so will benefit greatly.

By law now we have to accept that happens, because until now many governments are still indifferent against market cryptocurrency.

However, for a scam problem that now has a lot to happen should need a serious handling, because it will affect the bad image of cryptocurrency. And cryptocurrency needs a special agency to handle the problem.

Dump is not going bigger in the market mate. Now all the crypto currencies does not have the dump face so please check price trend and invest on the favourite coins which you like to invest on it bro. More dumped coins in the market means you can find the Waves, NEO, Monero and Ethereum are most dumped coins.

Bumped coins means you can check the EOS and Vechain seems bumped super sonic this year mate.

[Jimmi Andersen]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

1. The government's will likely not care, there's not much regulations for cryptocurrencies and there's so much scams in the world in general that it's probably impossible to effectively crack down on it, especially at this age when people do it over the Internet from any country in the world and can create as much fake profiles as they want. It only makes sense to try to catch only the biggest offenders and educate people about scams.

2. Those groups aren't created to benefit participants, they are created to scam them. And the people behind them only care about their own pocket. But you shouldn't worry too much about the public image of cryptocurrencies, every technology has some downsides and risks, but the legitimate use will always outweigh it.

You were right to say that there are risks and drawbacks in every direction. Unfortunately, this is the way the currency world works. Some sell others buy. Someone buys expensive, and someone sells cheap. It's very hard to guess which side you or I will be on. little-known coins will Pump and then collapse, either rumors or bots. We have to accept that fact. All exchanges use this scheme, which is why there are UPS and downs in seconds and minutes. Just recently there was a case with a little-known coin in Binance. For a minute raised to 96 Bitcoins per coin and then brought down the price to 0.0001 BTC

[spartanrules]

Such groups of artificial pump and dump will only affect negatively to cryptocurrencies market and decrease trust of people in it. Because it is not fair. I hope that the situation will improove with increasing of regulation.

[onrise]

Such groups of artificial pump and dump will only affect negatively to cryptocurrencies market and decrease trust of people in it. Because it is not fair. I hope that the situation will improove with increasing of regulation.

This is true and it also happens that some coins which they dump actually never rises form their on as real investors who had burnt their hands will never invest in such coins or they fear that such coins are not worthy and may never even invest going forward.

[celakkenyang]

I'm not too sure about the group because it only creates fomo or fud members or is affected by commands from that group. I better analyze myself in terms of trading crypto.

[verziagra]

Only a few accurate predictions from the group. usually the group is looking for members who have never traded to make members follow orders to buy or sell crypto.

[iv4n]

A pump and dump scam is the illegal act of an investor or group of investors, they will be tracked down one day and arrested for that, if cops manage to find them. It`s easy to understand how pump and dump group work, they investing together large amount of money, following with promoting project and it`s potential, when price rise enough they start to dump and new people who buy at this high price will lose their money in minutes as price dropping with incredible speed.
Pump and dump is not something new, that existed long before crypto market! Just crypto market as new technology is more submissive to pump and dump.
Personally I don`t like this groups, that is ugly gambling game where you need to cheat your opponents in order to make profit. I say gambling because you need to start buying on bottom what is almost impossible, owners of the group do that first and start pumping before others, when it comes selling at top that is also impossible, owners do that before others. Ugly gambling game because you never know where are you in that chain, you are risking with buying and risking with selling.

[shackleford]

It's very sad to hear you say that. I hope you can bear the weight of karma on your head. Unfortunately, this is inevitable. There are 2 sides, Black and white; Yin and Yang; Good and evil; Victory and LOSS; heads and tails; etc.This is life, let those whom you have offended or offended you be forgiven.

[ICOBountyPrograms]

Glad that most agree with me on this and I do agree that the governments probably won't regulate it

[Bakemat]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

Government will not be taking care of those groups because no matter how many bans they will make, people will still be just creating more and more groups about cryptocurrency.

[ghermghuda]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

Well, they do really know that what they're doing is dangerous to the cryptomarket and it does cost many people to loose some funds. Oh yes indeed they can be caught but it might be very difficult to trace them to know those actually doing that. Maybe someday some regulation might come that may help prevent those activities.

[gabmen]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

Government will not be taking care of those groups because no matter how many bans they will make, people will still be just creating more and more groups about cryptocurrency.

Well getting people informed is probably one of the best ways to counter these pump and dump groups. Because let's face it, those that don't know much about the market are the people who usually gets caught in these pnd groups. People who looks to make easy quick profit without making efforts in studying and researching

[Tungsten-1]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

Government will not be taking care of those groups because no matter how many bans they will make, people will still be just creating more and more groups about cryptocurrency.

Well getting people informed is probably one of the best ways to counter these pump and dump groups. Because let's face it, those that don't know much about the market are the people who usually gets caught in these pnd groups. People who looks to make easy quick profit without making efforts in studying and researching

Pump and dump are the main common factors of the bitcoin, price of bitcoin will be high soon, we are going to hold our coin but it is time to sell it no need to be impatient at this situation of high volatility price has been dumping since long but now it is time to be high, buying more coin will give us best reward of high profit, so keep on investing at dump and wait till it become pump once again.

[betty12]

I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.

Do you think that governments will crack on those groups?

Do you think that the people in those groups know that they're hurting the cause more than anything?

I get invites too, bought I do block them. it is harmful and unholy to be involve in what will destroy my fellow humans. I prefer a natural cause of event. Organic growth is always better than sudden pump. Am careful not to enter a trade at peak, so I do not get burnt, do not want to see my little change evaporate.

[BCSHonda]

Such groups of artificial pump and dump will only affect negatively to cryptocurrencies market and decrease trust of people in it. Because it is not fair. I hope that the situation will improove with increasing of regulation.

Virtual achievements will always be for virtual results. Even if it is real, it is not sustainable in the natural market. That will affect the community of investors who will lose confidence in the market. Just because the market is civilized and pure is only so the money market will be strong.