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Author Topic: Heads Up Folks I think they know how to Crash or Bring down the Value of a Pump  (Read 206 times)
thanos168 (OP)
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September 01, 2020, 09:12:16 AM
 #1

Heads Up Folks I think they know how to Crash or Bring down the Value of a Pump

I noticed some of the coins lately

It always rally up

And then in a few weeks or in a matter of days it goes down to way below the rally

I suspect they are using them Powerful Quantum Computers to do the hash calculation

They can do all the hash they want in a matter of micro seconds

They have access to any volume amount of any coin that they want

Then they simulate a slow buy or pump to infiltrate into your coin's price range

They the just dump everything or sell

This is where the value of the coin drops to lower then before the rally

I have seen it happening over and over again

I was just wondering if it is possible for them to do this to any coin ?

Since they already have them quantum computers ... they can hash anything in no time at all

They have any amount of coins they want to use as a weapon against any coin that we own

Is this going on now Huh

cryptomaniac_xxx
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September 01, 2020, 09:35:12 AM
 #2

Who are "they"? Whales or some kind of pump and dump group? Did you know that quantum computers are not mass produced? Only few companies or sectors have this quantum computers like Google and IBM and the rest are being used for scientific purposes. So are you saying that by "they" they suddenly got their hands on this super computers and the first thing they do is to some "hash calculation"?

What you are seeing is just the normal pump and dump practices, and no, quantum computers are not involved in it.
thanos168 (OP)
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September 01, 2020, 09:39:34 AM
 #3

Who are "they"? Whales or some kind of pump and dump group? Did you know that quantum computers are not mass produced? Only few companies or sectors have this quantum computers like Google and IBM and the rest are being used for scientific purposes. So are you saying that by "they" they suddenly got their hands on this super computers and the first thing they do is to some "hash calculation"?

What you are seeing is just the normal pump and dump practices, and no, quantum computers are not involved in it.

I am referring to "Them" as in "Big Brother"

Or the "Government"

The last thing they want is to have bitcoin go up to the next galaxy and then back again

So they have ideas to protect their own interests

I am just so sure that they are doing this now

Yaunfitda
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September 01, 2020, 10:17:28 AM
 #4

And what makes you so sure that Big Brother are going to exhaust every means, even try to used the computing power of a quantum computer to their advantage? doesn't make sense at all. Those so called problems that you are talking about can be solved by just a ordinary pc, no need to used QC. I urge you to read this: What is Pump and Dump Scheme?.

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fiulpro
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September 01, 2020, 10:40:26 AM
 #5

Heads Up Folks I think they know how to Crash or Bring down the Value of a Pump

I noticed some of the coins lately

It always rally up

And then in a few weeks or in a matter of days it goes down to way below the rally

I suspect they are using them Powerful Quantum Computers to do the hash calculation

They can do all the hash they want in a matter of micro seconds

They have access to any volume amount of any coin that they want

Then they simulate a slow buy or pump to infiltrate into your coin's price range

They the just dump everything or sell

This is where the value of the coin drops to lower then before the rally

I have seen it happening over and over again

I was just wondering if it is possible for them to do this to any coin ?

Since they already have them quantum computers ... they can hash anything in no time at all

They have any amount of coins they want to use as a weapon against any coin that we own

Is this going on now Huh



See the thing is the Quantum Computers are so expensive and rare that there are very less people which are able to enjoy that , its bulky structure and many limitations does make it disadvantageous to be kept at home by a simple hacker and most of the time government controls their buying and selling .

The thing is now a days we are trying to make them more compact and more accessible but as far as this theory is concerned I do believe that a person with a quantum computer would have plenty of things to do instead of focusing on individual coins.

The fact is after a while people just loose interest in these coins and they end up sitting in the bulk like many others, the initial rally is because of the stakes and the coin offering and therefore I do believe that its nothing this sinister . Cheesy

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Jet Cash
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September 01, 2020, 10:53:05 AM
 #6

Of course "they" can do that with anything - oil, Bitcoin, tulips, pork bellies, the dollar. They are all manipulated. The fun happens when the pumpers operate at the same time as the dumpers. That's when you can make some money in the volatility, or lose lots of course. Smiley

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BrewMaster
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September 01, 2020, 10:54:56 AM
 #7

lol.
a pump by nature is a fake higher price which is happening every day among altcoins. and you don't have to do anything at all for it to come down, it will do it on it s own because it is a fake price. it is like blowing into a balloon, it won't expand forever. it will pop at some point.

I suspect they are using them Powerful Quantum Computers to do the hash calculation
that is just your lack of understanding about how hashes work and what a QC is!

Quote
They have access to any volume amount of any coin that they want
this is a concern with all the PoS shitcoins that you can control that shitcoin by owning a lot of it.
it is not applicable to bitcoin.

Quote
I have seen it happening over and over again
"they" in this context are the regular pump and dumpers who use the newbies to pump their shitcoin and dump it on them after they get their own profit.
if you don't want to lose money then stop trying to "invest" in shitcoins.


ps. i suggest you educate yourself more before trying to give heads up to others Wink

There is a FOMO brewing...
mk4
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September 01, 2020, 01:00:07 PM
 #8

Pump and dump coins have existed since as far as I can remember; and they don't even need "Powerful Quantum Computers to do the hash calculation". All they need to have is ample funds to pump up these low-cap coins, and dump their holdings once the people follow suit.

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September 01, 2020, 01:34:51 PM
 #9

We do not need Quantum computers to know that a market can be manipulated. It can actually be manipulated in various ways.. like DOGE has been pumped a few weeks/months ago when some DOGE TikToks popped up.

However, the "classic" pump and dumps happen many ways.. like through larger "signal groups", individuals willing to pump an asset while promoting the pump in order to benefit from it themselves or just through a little spark that is then driven upwards by FOMO and then straight into panic. The funny thing is, you don't even need a lot of volume to pump up a shitcoin. There are some you can pump with only a few dozen bucks.

These coins are pumped and dumped because the spikes are placing them way above what they deserve to be worth. You don't need a friggin' quantum conspiracy to do that - and trust me, the resources needed to do that aren't worth the final rewards.
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September 02, 2020, 02:10:18 AM
 #10

They can do it as long as they have the capacity to do it, and the key? money, huge somes of money. But if the altcoin that they try to manipulate doesn't have that much volume, it's easier for them to control it.

It's common to see this with pump and dump altcoins and it is the reason why you should be careful in buying altcoins. And there's this group that's aiming to attract investors to follow their signals which is just a pump and dump scheme.

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September 02, 2020, 02:10:49 AM
 #11

...
I suspect they are using them Powerful Quantum Computers to do the hash calculation
...

Without any evidence to support your suspicion, your post is worthless. Making wild claims like that makes you look stupid. I recommend that you avoid posting that kind of crap if you want people to respect you.

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September 02, 2020, 03:46:50 AM
 #12

Everyone's being too harsh on him. If you ignore the formatting and pray its not another avatar of CH or TOAA, then this may just be a newbie who has been losing money recently after putting them into all the DeFi altcoins pumping right now. He seems to believe that price goes up organically because of people buying up and there not being enough coins to sell. Once they reach those levels, the devs use "Quantum computers" to give themselves new coins. Well, one thing we know for sure is that none of those shitty devs have QCs. So the question is, could they be giving themselves more of the coins to sell while deceiving the community??

"Community" for these projects is generally a bunch of new people on Telegram looking for a pump and select few ring-leaders who speak like experts to roll the newbies in. OP, they cannot give themselves free money if their "contract" is already visible on Etherscan. Even if they changed it, it would be publicly visible. Its not any hacking/ coding expertise they need to deceive "communities". It is basically social engineering in a closed setup. You don't need to rationalize it to yourself by thinking that they have access to Quantum computers. They can as easily spread the coins among themselves making it seem like there is a "distribution". They then create hype based on whatever is pumping at the moment; AI, Blockchain, ICO, De-Fi. Uniswap provides instant liquidity. They have plenty of time to liquidate their share. Nobody gets to know and they can continue to pretend to be "innocently" developing.

Rather than giving us a heads up, what would be brilliant is if you shared your actual experience about being "dumped upon" in such products. Name some of them here. That would be a useful contribution by letting people learn from your bad experience.
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