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Author Topic: Is Bitcoin now Pump and Dump?  (Read 1361 times)
3la9l_kolbaCa
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January 09, 2020, 01:34:14 PM
 #81

This isn't happening now with bitcoin, everytime the market of bitcoin continues to pump and dump. Price fluctuation continues, and this is common. One who enters the market for the very first time will think it as pump and dump. Market trend changes immediately, whether bullish or bearish it is the impact caused by various factors. One who learn all about it will know the reality of pump and dump.

How long will we continue experiencing the same market behavior, although that pumped so fast in the next few hours but immediately took off its falling trend. Pump and dump hasn't made a good market outcome, that's why we mostly experienced a quicker market downfall. Bearish market won't get rid of possible bullrun because it wouldn't allow some good pumps to dominate.

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January 09, 2020, 02:08:21 PM
 #82

Bitcoin is unique digital currency because depend whit their external news where Donald Trump make band news whit bitcoin suddenly bitcoin back whit lower price, but when Iran attack whit United Soldier why can make bitcoin up whit higher price, have bitcoin got issues war to make price on higher price or just bitcoin keep stable coin without need external news to make price up.

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January 09, 2020, 05:56:15 PM
 #83

Bitcoin is unique digital currency because depend whit their external news where Donald Trump make band news whit bitcoin suddenly bitcoin back whit lower price, but when Iran attack whit United Soldier why can make bitcoin up whit higher price, have bitcoin got issues war to make price on higher price or just bitcoin keep stable coin without need external news to make price up.
Firstly, i will like to clarify the OP question though the question was ask the last month of 2019 but the sane trend still happen now and my answer is "yes" the bitcoin market is now in a pump and dump stage. But it has nothing to do with the US and Iran tension happening recently because this current trend.

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January 09, 2020, 08:01:24 PM
 #84

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.
world war made people alert and they are saving all their money into some kind of investment. Now a day best investment is now bitcoin  it is good and safe. I hope this high investment will make the market bullish and will put good effect in crypto world. Pump and dump is so common in bitcoin history as it’s most volatile crypto coin.

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January 09, 2020, 08:47:46 PM
 #85

Whales are good at hyping the price of Bitcoin because of their own gain. Just a few of them give price speculation because of the potentiality the see in Bitcoin in the long run. Somehow this over hyping of price may be good but sometimes it could be the opposite.
It will draw people to invest in it, but can't keep them to hold for long. That's the down side.
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January 12, 2020, 12:15:39 PM
 #86

bitcoin now pump more than dump because prices already gain up 15 percent but there is some people who sell their bitcoin because reduce of hope but if this wave continue for sure prices can rise above level 10 k usd eaisly and people that dump bitcoin will never effect the market like past weeks
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January 12, 2020, 12:58:40 PM
 #87

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...


do you mean the 6 digit mcafees prediction? I think it will be difficult for prices to reach 6 digits, moreover he predicts the end of 2020. Historically the price of bitcoin did not increase very high when halving happened in that year. but if it goes above 10k$ I think this month might even be achieved if the movement of bitcoin can be stable above 8k$.

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January 12, 2020, 01:26:40 PM
 #88

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.
world war made people alert and they are saving all their money into some kind of investment. Now a day best investment is now bitcoin  it is good and safe. I hope this high investment will make the market bullish and will put good effect in crypto world. Pump and dump is so common in bitcoin history as it’s most volatile crypto coin.
Well, you have a point besides, I've read some articles that as tension grows between US and Iran Bitcoin is up by 10%. This only imply that tension have impact in the market. In addition, investors think that Bitcoin as safe haven because they believes that cryptocurrencies especially Bitcoin is one of the best hedge against risk aggravation.

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January 12, 2020, 01:40:06 PM
 #89

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...


The author of this prediction has already stated that it was all a hoax to pump the price and confirmed that he came into the space only to make money. We all knew that but now the cat is completely out of the box. You can wipe your butt with his prediction just like he wipes his with dollar bills of shitcoin investors and washes it with their tears Cheesy

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January 12, 2020, 01:59:40 PM
 #90

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...


do you mean the 6 digit mcafees prediction? I think it will be difficult for prices to reach 6 digits, moreover he predicts the end of 2020. Historically the price of bitcoin did not increase very high when halving happened in that year. but if it goes above 10k$ I think this month might even be achieved if the movement of bitcoin can be stable above 8k$.

It's likely to rise even more. I'm sure the price will be above US $10k in the next few months. I don't believe in any predictions that bitcoin will fall to 6 digits. We know that the current bitcoin movement has increased so whatever happens in the future will be the best.
Halving is slowly moving forward bitcoin we will continue to see the heavy obstacles of bitcoin after halving occurs.

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January 12, 2020, 02:11:43 PM
 #91

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.
world war made people alert and they are saving all their money into some kind of investment. Now a day best investment is now bitcoin  it is good and safe. I hope this high investment will make the market bullish and will put good effect in crypto world. Pump and dump is so common in bitcoin history as it’s most volatile crypto coin.
Well, you have a point besides, I've read some articles that as tension grows between US and Iran Bitcoin is up by 10%. This only imply that tension have impact in the market. In addition, investors think that Bitcoin as safe haven because they believes that cryptocurrencies especially Bitcoin is one of the best hedge against risk aggravation.
But I don't think that it could have a long-term effect. Besides, the conflict now is slightly getting over and it may be their government leaders had also realized the situation and how could affect their economy as well as their people.
And looking to the current price trend, it is still manageable and we are able not to get far below $8k which means that we are soon to recover shortly.

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January 12, 2020, 02:18:45 PM
 #92

Well the mcafees prediction might still be possible if we start pumping at the beginning of the next year. Surely with all the new money flowing in and the new highs this bull market should be much stronger than the ones we've seen before. This means that as now wer're not surprised by 500 dollar moves, next year we might be not surprised by 5k-10k moves to the up side. Everything is possible with bitcoin, hopefully we'll pump so hard it will melt faces...


The author of this prediction has already stated that it was all a hoax to pump the price and confirmed that he came into the space only to make money. We all knew that but now the cat is completely out of the box. You can wipe your butt with his prediction just like he wipes his with dollar bills of shitcoin investors and washes it with their tears Cheesy

thats right, he charges $105,000 per tweet. some well-known crypto influencers such as mcafees and elon musk have a specific purpose for each tweet. Don't trust it too much, and you can take advantage of the pump and dump scheme.
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January 14, 2020, 01:50:38 AM
 #93

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.
It is impossible for any asset to always go up or down all the time, we need to give bitcoin some time before it can move like that again, besides you make the observation that the market is boring which is something really interesting because to me this is not about obtaining any kind of entertainment, I am in this market for two reasons, the first one is because I really believe this market and its participants are part of something that will modify our lives forever and also I'm interested in the money that I can make.
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January 14, 2020, 05:08:54 AM
 #94

It all comes with that way, nothing had sure that we will be experiencing a pump only. May halving is one factor that could help to make a change in market direction but to expect that it will go like that till we end up this year is certainly be a miracle.
We know how volatility means a lot and that is why we can't see prices become stable.

The market is quite boring, it seems that this year there will be a bullish and halving factor which has a high hype will occur this year, as well as the world war 3 that might make bitcoin an alternative asset. so in my opinion so many factors this year that will make the price of bitcoin increase.
It is impossible for any asset to always go up or down all the time, we need to give bitcoin some time before it can move like that again, besides you make the observation that the market is boring which is something really interesting because to me this is not about obtaining any kind of entertainment, I am in this market for two reasons, the first one is because I really believe this market and its participants are part of something that will modify our lives forever and also I'm interested in the money that I can make.
I think 2019 already enough time for bitcoin price to get that phase. Maybe with halving will trigger bullrun of bitcoin itself and there might be strong reason too why people keep optimistic about this year will be time for bitcoin pump.

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January 14, 2020, 05:35:22 AM
 #95

A usual thing to happen in Bitcoin seeing a consistent price fluctuation. Though we think that Bitcoin will pump soon but it really to see moving high over $20k. The market resistance is still low, not enough to make a huge push and drive for another ATH.
However, it not the way we look for Bitcoin but to see how it has been used as currency is much important and this is also a way to start for a surprise strike.



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January 14, 2020, 05:54:51 AM
 #96

Pump and dump is happening, there's a lot of situation you can see that every year but it still looks good if you look at the big picture.
Instead of watching the pump and dump which is only good for day traders, if you are a long term investor, you should watch the yearly low and you shall see an improvement per year.

Because of the fact that the market can be manipulated or is manipulated, pump and dump has become normal already.

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January 14, 2020, 07:05:03 AM
 #97

most people think that Bitcoin right now is manipulated by a few whales but besides that, we need to remember that the volumes of past and today are very different. of course, this affects the price of BItcoin too I guess.

Some traders/investors may have withdrawn their capital from crypto so that the decrease in volume automatically affects people's interest when they want to reenter the crypto world. and if you can take advantage of existing moments of trading for the short term, as day traders can get benefit maybe.

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January 14, 2020, 07:50:43 AM
 #98

No bitcoin have pump because from $7800 become more than $8500 and look keep continue to higher price, we will get moment last 2017 where bitcoin could raise with higher price and make many investor very excited with bitcoin and altcoin investment, but war between Iran and United State become most dangerous way how to make bitcoin will back down again.
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January 14, 2020, 07:51:37 AM
 #99

Indeed pumps and dumps have become normal in the cryptocurrency market and that can be done by someone or indeed the effects of the market itself.
But now there is a lot of pumping in the green market and including bitcoin has touched the price of $ 8500 that means the bearish market is gone and we will see new opportunities in the future bitcoin and altcoin will have a good season this year.

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January 15, 2020, 09:05:42 AM
 #100

It is normal to see bitcoin get pump and dump. If you can use the pump and dump the moment, I am sure you will make a profit from that, so you can enter the market before that moment is happening. But unfortunately, it is so difficult to know when the pump and dump moment will come, and no one can predict, but we can try to place our money at some level price, so we don't have to worry if the price increases or decrease higher. We can always take the opportunity from the pump and dump moment.

But you always need to be careful because the pump and dump can move so fast, and if you don't prepare, you will be too late to buy or sell bitcoin.

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