KiaKia (OP)
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December 13, 2022, 06:07:56 PM |
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This is something I don't normally do but I thought a few Youtubers are different judging from the quality of the project they talk about but since the beginning of this bear market i've noticed that three Youtubers that I have respect for are talking about the same projects and guess what happens in minutes ... The projects start increasing in value and after a day or 12 hours time the projects value start decreasing, ive monitored them so much that this claim is so damn accurate and now it happens every damn time.. I'm starting to think, are buyers just getting them YouTubers rich in minutes to few hours time? Are they all Co-op in all this or its a coincidence? This is far too curate because it's now 5 different projects that they pump. I don't want to jump into conclusion here, are people buying because they are talling about the projects or these Youtubers are running a pump and dump schemes with some other people? No single Youtuber can be trusted, even if they claim that projects aren't paying them to talk about them trust me they have other ways to get fat taking advantage of you. I've I followed them anyways ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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qwertyup23
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December 13, 2022, 06:20:56 PM |
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It is most likely that these YouTubers have a stake on that certain coin. With the amount of influence and subscribers they have, the obvious outcome is that certain coin would definitely pump. Once the price increases at a certain level, these people now will suddenly sell all of their coins diluting the market, thereby creating this so called pump-and-dump scheme.
Again, like what your thread title mentioned, it is all about money. People are taking advantage of their assets nowadays to earn the most profit they could get. That is why, be cautious and be careful on the altcoins you invest on. Make sure to get your influence from the knowledge of the market, not because some YouTuber said to invest on it.
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Queentoshi
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December 13, 2022, 06:43:50 PM |
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Again, like what your thread title mentioned, it is all about money. People are taking advantage of their assets nowadays to earn the most profit they could get. That is why, be cautious and be careful on the altcoins you invest on. Make sure to get your influence from the knowledge of the market, not because some YouTuber said to invest on it.
It is usually all about the money, you have no personal relationship with these Youtubers, so they are not talking about these coins just because they love you, have your interest majorly and want you to make profit, it is mostly a personal agenda to make money from influencing that make these people to talk about a project. If a Youtuber talks about a project, do your own to find out more about the project before investing, don't take their word just like that, the Youtuber has no personal relationship with you, and he has no business safeguarding your interest.
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Sandra_hakeem
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December 13, 2022, 11:59:09 PM |
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it's not for anything but the money ...take note It's takes a very tedious process to build up a channel and get 'em peeps following, subscribing and sharing whatever content you post as a YouTuber... Infact, when they haven't gotten the fame, they'll post trending things (real or fake) just so they get more traffic... But when they get verified, they'll simply be paid to promote whatsoever, as long as THEY ARE PAID. You don't have to hold any influencer as being responsible for any misinformation cus MOST of them don't even know too much bout what they promote... It's in your place to be guided by whatever informations you see. This could be collated with signature campaigns in here, right?!
Sandra 🧑
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tech30338
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December 14, 2022, 12:31:51 AM |
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I have look on other projects before and YouTube and Facebook have influence with other coins, for example if i have lots of subscribers and followers, there is a big chance that they will follow what I'm doing, if i say coin x has possibility to be the next coin unlike coin y, if not 100% will agree but maybe half will, especially if they always right, and for them of course they will buy earlier before they post something, and sell when the price reach their target price.
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Darker45
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December 14, 2022, 01:40:51 AM |
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They must have a significant amount of influence. They're all influencers, after all. And if all of a sudden they're talking about the same project, there must be a larger effect. Their combined followers sharing the same decision to buy or sell could indeed affect the market. This is how a pump and dump scheme is created. They hype a certain coin or project causing many to buy. The price increases, as a result. People would then believe what they're saying is true. When the price reaches a certain point, those influencers, and whoever is with them or paying them, would secretly sell their coins causing the price to fall. They get rich, the flock gets poor. So be wary of these influencers.
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libert19
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December 14, 2022, 03:55:24 AM |
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Once youtubers get few subscribers, they turn to influencers, projects possibly pay them to shill them, average joe buys the tokens, on top make the money (project itself and these influencers).
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Despairo
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December 14, 2022, 04:24:34 AM |
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The first rule before you want to make an investment or buy a coin is never rely to anyone that called as a professional trader, experienced economist, experienced investor etc. You need to learn about the asset that you want to invest first, if you don't have any knowledge about it, don't start to invest. Although I'm a Bitcoin enthusiast that always recommend to invest Bitcoin because it's 100% decentralized and has very high security, I wouldn't advice to newbie to invest since they would call it scam when the price suddenly drop for 10%.
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Accardo
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December 14, 2022, 04:34:30 AM |
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Projects use YouTubers as tools to pump and dump their cion. I have been active on some youtube channels and realized that subscribers are so glued to the YouTubers that they buy any coin the YouTubers promotes and when the prices go up they'll hail the YouTuber and sometimes they're under the comment box crying over lossing money. Considering that they're marketers and the influence they've got on these people, affiliation is the only means of hitting big profits. I think it's their business and those who abide to the advise given on YouTube channels will have to pay for not doing their own research.
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LogitechMouse
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December 14, 2022, 08:09:21 AM |
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Influence = Money. Take note of that.
Just look at Elon Musk and how his influence pumped the price of DOGE coin years ago. It's the same with this stupid Youtubers out there and there are some who are really supporting them to a point where they are buying only the tokens these influencers are recommending.
Well, it's always about the money, money and more money in the end. Why trust a Youtuber at first place? Why not trust yourself? These Youtubers are doing it for money purposes. I will not say any Youtubers, but there are many famous ones who are promoting different projects just for the sake of money. We can't blame those people who are still following their recommendations despite some saying that they mustn't. Let them do and let them realize that they're doing the wrong thing when it comes to investing.
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FatFork
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December 14, 2022, 10:04:00 AM |
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Everyone has their own agenda, and it may not be immediately obvious what they're trying to accomplish. If you take these YouTubers at their word, they’re all just trying to help you make informed financial decisions through the reviews they provide. But if you look closely, you can see that they often use manipulative tactics to get viewers to invest in a certain coin. The main reason for that is people who bought the coins just for short-term gains and immediately sell them once it reached its peak price. The moral of this story is that if you really want to invest in cryptocurrency, then you should do enough research and serious due diligence. You should allocate some of your time seeing what different coins are about, not just try to chase after the ones with the most views on YouTube. Just try to exercise caution, do your research, and look at the market from multiple perspectives if you haven't already done so. Try and keep any emotions out of the picture when making your decision and stick to the facts. If you do, there's a good chance that you won't make any big mistakes and your investment will pay off in the long run.
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Hyphen(-)
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December 14, 2022, 10:30:35 AM |
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There are various ways to make money, one of which is through YouTube advertisements. These YouTubers are influential because they have spent time building their audience, which is their work strategy. They always promote both good and bad projects to their viewers. Once you have benefited from any projects they have advertised previously and made a large profit, you will always follow their updates, and this is how they influence people with some projects that may turn out to be scam at times. They're doing it for personal gain because it's their side hustle.
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Lucius
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December 14, 2022, 11:27:50 AM |
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You always have the choice not to do it anymore, because if you haven't realized by now that it's a waste of time, you will surely come to the realization at some point that the time you spend watching pointless YT videos can be used in a much better way. You have to understand that these people use the internet and available platforms to earn money and that they do it in a legal way - the content they present to the public is another matter. Pump&Dump schemes are nothing new in the world of cryptocurrencies, and some people certainly profit this way - but I'm sure most only have losses. I would advise everyone to use their time more wisely, but it is said that people learn best from their mistakes and some will simply have to learn that way.
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SOKO-DEKE
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December 14, 2022, 02:46:01 PM |
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nearly all YouTubers are doing it for their own benefit, I will never try to trust any YouTuber with regard to any project they are suggesting others to purchase. Many of them accepted payment for following the project's advertisement or the project team's promise to pay a portion based on objective achievement. It is extremely difficult to make money through those projects, unless you are lucky. This is because they constantly have a large number of influencers ready to buy their shitcoins and tokens in order to influence others.It will better for you to follow the foot steps of market price by having good research about the project you are going for. This kind of project prediction advertisement are also done by some artists especially musician buy telling their fans that they have bought some huge amounts the project and is strong project by hyping does shitcoin, not knowing they are doing the work for what they have been paid for.
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cryptoaddictchie
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December 14, 2022, 03:39:03 PM |
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No single Youtuber can be trusted, even if they claim that projects aren't paying them to talk about them trust me they have other ways to get fat taking advantage of you.
Actually there are some who actually share their sentiment about projects but we cant deny that some of them are getting paid under the table to talk about the platform and tokens. Thats a fact that most influencers are doing in the real world. People keep believing should also study too and not just follow the hype.
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Iroh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2022, 04:31:53 PM |
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A bunch of YouTube influencers aggressively promoting the same stuff and at the same period of time. It should stink to high heavens that they’re being motivated to promote the same content on their platforms. While the obvious thought is that, they’re being paid, some influencers actively promote some content cause they believe in it and want it to grow.
Everyone(including the so called influencers) has a personal and most times hidden objective and would directly and indirectly promote those objectives and that’s why we shouldn’t let anyone(influencers and others) think and influence our decisions.
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isaac_clarke22
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2022, 05:45:59 PM |
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~
If the project just turned shit within few months after the Youtuber shilled the crap out of the project then you will obviously know that it is a paid or you mentioned it - "co-op". Their reputation as a Youtuber goes down with them anyway if they decided to bite the bullet for these. Some quality Youtubers won't bite these regardless and I even knew some Youtubers, though not really related to crpyto, that would expose some really suspicious sponsors from some company that they do not even knew nor have any great background or history. When it comes to crypto anyway, I usually stay away from these project shills.
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CryptoPanda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2022, 07:01:35 PM |
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Nobody would willingly tell you how they make money for free. So why would you take financial advice from YouTubers just because they have a large number of subscribers and views (those can be bought btw). What annoys me is how people act like social media influencers are very knowledgeable, watching some of their shows I find they do not use facts to backup their arguments. I generally dislike those so called crypto channels who use their platform to shill scam projects.
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Crypt0Gore
Sr. Member
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2022, 07:07:55 PM |
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It's always about the money and it will always be like this forever, you expect people to work for other people for free? Anyone that created a Youtube channel tends to make money by creating content in the first place, do not fool yourself.
YouTubers are good at saying that they aren't paid to shill a project but it's a lie, don't expect them to come clean when it comes to money.
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Dunamisx
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2022, 08:26:51 PM |
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No single Youtuber can be trusted, even if they claim that projects aren't paying them to talk about them trust me they have other ways to get fat taking advantage of you.
If you're the type that love to watch videos on YouTube then it's high time you begin to scrutinize who and who fo you follow on YouTube, all they are after is for you to set a notification on their jagons each time they are online to make a video post, you need to double your research on reliable and trustworthy YouTube channel and learn this that no one will ever comes out to tell you what they are benefiting no matter the profit they realize from doing so, if it has not been helpful to them they would have stopped, so stop believing everything you see or hear on the media.
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