Coin Shilling Question

[harizen]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

Shilling a coin is definitely to build hype around it.

The success of it will depend if people will buy that hype and decide to be involved. Even with no use cases, once a certain coin builds a hype it can now result in a possible price increase. But that alone is also enough reason why that specific coin will soon be crash as the only foundation is purely hype.

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

It is possible because it was "hyped".

FOMO will be on people's mindset so whatever the market price, they will try to make an entry and join the fun expecting for a big profit in return.

[Gozie51]

I was hired to managed a supposenly new DeFi related project but later discovered I was just been hired to shilled their project. The host group I was added to had tens of users hired for the same purpose. Before leaving, I took note of the price of the project and comparing the price of the token a week later, it was quite obvious their shilling had a positive impact on price.

I really appreciate you for not picking up a project that you know will amount to scamming people on the forum and further  add to their pains of scam plus waste of time. You therefore are part of the few managers here that have been upright in the things you do here and managing campaign and charity work.

Your personality is a rare positive type, you want good for the people and forum at large. You did well for not picking project that will not bring joy to participants. Keep doing the good you have been known with.

[imstillthebest]

@op  . if this is a normal news , thats not shilling because shilling was like promoting the coin . it helps price rise but not sure if how much percent but it can be high if the coin is already good aside from the benefits of the shill

I was hired to managed a supposenly new DeFi related project but later discovered I was just been hired to shilled their project.

I really appreciate you for not picking up a project that you know will amount to scamming people on the forum

if this happens to other managers i dont think they will further check the campaign that they have manage once they were hired because this can be an extra work for them  . working as a manager is already a tough job but nice to know that there are still concern manager that can allocate extra time to spy on the campaign that they are in .

[btc_angela]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

I would say yes, specially if the one shilling has some reputation behind. Take for example Andreas A, what you think if he started to shill some altcoin, it will definitely had an effect in my opinion as he is a very influential person is community.

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

Possible, or maybe even more, specially if we are really in a bull run or if there are a lot of irrational buyers just like what we have seen in late 2017.

[Reid]

Depends on who will shill it.
If it will just be an average Joe and he just does it by himself then could it really be pumped at the figures you given?

IMHO, Twitter had been the most used platform when it comes to "shill".
It can cause a big ruckus when someone with a known name does it.
Celebrities or idols or whatever they call them. 

[Mahanton]

Depends on who will shill it.
If it will just be an average Joe and he just does it by himself then could it really be pumped at the figures you given?

IMHO, Twitter had been the most used platform when it comes to "shill".
It can cause a big ruckus when someone with a known name does it.
Celebrities or idols or whatever they call them. 

You are right and thats why some projects do really spend lots just to pay those celebrities for the part of shilling out.This is not new into this market where hypes and shills is all around.
When someone has a name and a popular person will really give some impact into the project that he's been advertising even though its usage its actually shit but due to the person
who had been used to shill is a good one or famous then people do totally forgot on whats their investing is all about and the time comes when its price dropped then thats
the time they do cry and lesson learned.

[lixer]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

They do, but you don’t just see one website shill a coin and you rush in and start buy. That it was mentioned by one exchange is not enough reason to say that it’s going to be a successful project. If that’s how it works, then a lot of coins will be pumped by now. Sometimes a coin will have to be shilled by a lot of media and news websites and also by influencers before they start picking and trending, and then you will see their prices going up.

But it’s not good to be relying on just that, you should be looking at other things as well like technical analysis. Cryptocurrency trading/investing is not just about one thing, you have to consider a lot of things.

[drlukacs]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

Yes, of course. Even scam projects need shill to make the project more popular with good sides. Communities and crowds have always been the power in the financial markets, so we need to take advantage of it to make money in the short term. If you know the big financial groups, they always give good news about the project that they have invested, just a few thousand people know the news, they can push the coin price very high. So this is also a great way to make money in the crypto market.

[wxa7115]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

It depends on the coins, for example in the case of bitcoin this does not really have a huge effect as the market cap of bitcoin is massive, but in the case of coins that are being released the effect can be very significant as if enough people join we could be talking about millions of dollars being added to the market cap of the coin in a matter of hours.

Depending on how big the coins was this could lead from 1x to a 10x increase in its market cap, the only issue is that this tactic only works for the short term and those that invested in the coin excited about its possibilities will sell their bags as soon as they realize they were deceived.

[Harlot]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

Yes, of course. Even scam projects need shill to make the project more popular with good sides. Communities and crowds have always been the power in the financial markets, so we need to take advantage of it to make money in the short term. If you know the big financial groups, they always give good news about the project that they have invested, just a few thousand people know the news, they can push the coin price very high. So this is also a great way to make money in the crypto market.

You might have mix up some things because shilling is never good. Shilling is something done by people who are either paid by the project or he will gain to benefit something because of it. It is very different for people praising a project on his own without any kind of lies behind it but just based on personal opinion. For people shilling we can simply put them as selfish people who they themselves only want to benefit on something.

[GreatArkansas]

Coin Shilling is a kinda next level of advertisement. Coin shilling is much powerful than an advertisement for me since you can say whatever you want just to put your shitcoin in the front or make it popular somehow with some flowery words.
Some shitcoins also paying some popular accounts in some social media just to shill their shitcoins, this is true, it's just sad when some of the famous cryptos in social media can be paid just to shill some shitcoins and make newbies get REKT.

[wiss19]

I don’t think it’s just about news posting about a coin; you don’t just run and invest in a token because a news website mentioned, because some of these media websites are paid by even the worst projects to write about them and they will do just that, if you keep rushing into them you will be misled.

But shilling coins do work to an extent and it has to be to a very level before you should invest in it; like it has to be a trend, something that everyone is talking about. Once it has gotten to that level and not just something that you saw on one news website, then it might be worth to invest in it. But don’t forget that you’re still taking a risk ,because a trend can still end at a anytime and you can be running a risk of FOMO. Be careful.

[Paycoinzzz]

<snip>

Had witnessed some of it, there was a time that it even passed 100% changed in just 24hours. Though I had always been jealous to those who risked their money to invest on those coins, I still don't prefer it, I'm not a very good risk taker just like cryptoaddictchie, so I'm avoiding it. I could observe it more, maybe sometime I find courage to take it.

I used to be greedy following signals from whale groups with over 300k members, but after following 10 signals I lost over $ 12000 in 1 month.
In fact, this is a shark game and we will not know anything in advance when we are just small fish. you are right because we should not speculate / invest in something we do not understand about it, taking such risks is like gambling. Be alert and continue to hold your opinion, do not let big profits obscure your reason.

[michellee]

<snip>

Had witnessed some of it, there was a time that it even passed 100% changed in just 24hours. Though I had always been jealous to those who risked their money to invest on those coins, I still don't prefer it, I'm not a very good risk taker just like cryptoaddictchie, so I'm avoiding it. I could observe it more, maybe sometime I find courage to take it.

I used to be greedy following signals from whale groups with over 300k members, but after following 10 signals I lost over $ 12000 in 1 month.
In fact, this is a shark game and we will not know anything in advance when we are just small fish. you are right because we should not speculate / invest in something we do not understand about it, taking such risks is like gambling. Be alert and continue to hold your opinion, do not let big profits obscure your reason.

That is a big loss. If the whale groups have 300k members doesn't mean that whales can give real signals because we don't know if that whales can analyze better than others. But I don't think that the coin shilling can increase in the next 24 hours because that will need a big order of buying at the market. But if many people buy the coin and make noise at social media, that can attract a big jump for that coin, and the coin price can increase in a short time.

[rexxarofmoknathal]

It completely depends on the coin. If the coin has a low marketcap and low trading volume/liquidity, then it might be easy to pump it up by a decently effective shiller. But of course, these kinds of pumps aren't sustainable, and are almost guaranteed to crash back down.

That is in essence very true. It is much easier to shill a low market cap coin then the alternative for sure. The only thing to watch out for is that this temporary inflation can indeed happen even several times i.e 5x but one should remember that after a bump cycle, dumping has to follow. Often, it is obvious when somebody shills a project if they do it everyday on their social media account, that again won't necessarily dictate a price follow up though.

[maxreish]

So is coin Shilling have really real influence over the coin price? 
 If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

 Of course, saw most of the shill coins going up in just a short span of time. They are shilling that coin mainly for that purpose: to attract investors to buy their coin.
 
 

How much the Shilling usually makes coin Go Up? 
 100% in 24 hours is that true? 
 

 It always depends. I remembered that shilling effect of dogecoin in tiktok challenge wherein price of that coin pumped so well in just few days around 20% if im not mistaken. Not that just coin but other coins tend to pump so fast after that effective shilling and insane promotions.

[wxa7115]

Coin Shilling is a kinda next level of advertisement. Coin shilling is much powerful than an advertisement for me since you can say whatever you want just to put your shitcoin in the front or make it popular somehow with some flowery words.
Some shitcoins also paying some popular accounts in some social media just to shill their shitcoins, this is true, it's just sad when some of the famous cryptos in social media can be paid just to shill some shitcoins and make newbies get REKT.

Unfortunately this is one of the realities of the market, the developers of those coins do not really have to worry about creating something that works and that changes this market because they are only after the money they can get.

Which means they are going to put all their efforts on the promotion of their own coin, this makes them to be more present in social media and it increases their possibilities to get investors, and ironically developers that actually care about their coin cannot do this as they need to constantly update their code making it impossible to compete with those projects and as a result of this we see many more scams than what we could see otherwise.

[akram143]

So is coin Shilling have really real influence over the coin price? 
If so then If the cryptocurrency news talk about Some Coming project this will make price Go high in Short time of period? 

How much the Shilling usually makes coin Go Up? 
100% in 24 hours is that true? 

It depends on who shills, if a project hires some random newbies to spread their names here in bitcointalk still it does have zero influence but a small tweet from a famous celebrity about the project can change the fate of it for short time.

[BitcoinHunt3r]

There are a lot of project that usse influencer or maybe we can already see if people who famous talk about coins, the coin's price will suddenly pumped. I think a lot of people still think if famous people hold or even talk about coin, it can get pumped and they can make profit from it.

[Bitlover10]

Their is no doubt its makes big price volatility in the coin. Usually it's happend when people start shilling the coin then price will increase very fast and the way its going up its coming down in double speed. New investors and people get rekt from that kind of pump and dump and it should be stop. This is only makes negative effects on crypto market and only few people get profit from it.