Bitcoin Forum
May 05, 2024, 12:21:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: I think I found the perfect way to schedule a massive pump  (Read 2042 times)
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
May 29, 2014, 05:59:22 PM
 #21

Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.

Sure (and what OP suggested would not work at all anyway). BUT to some extent, and especially in a market with such low liquidity as bitcoin, there will naturally be sharks trying to fleece the inexperienced traders/investors.

This problem will solve itself with market cap growth. Until then it is a roller coaster.

"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714868491
Hero Member
*
Offline Offline

Posts: 1714868491

View Profile Personal Message (Offline)

Ignore
1714868491
Reply with quote  #2

1714868491
Report to moderator
1714868491
Hero Member
*
Offline Offline

Posts: 1714868491

View Profile Personal Message (Offline)

Ignore
1714868491
Reply with quote  #2

1714868491
Report to moderator
1714868491
Hero Member
*
Offline Offline

Posts: 1714868491

View Profile Personal Message (Offline)

Ignore
1714868491
Reply with quote  #2

1714868491
Report to moderator
teukon
Legendary
*
Offline Offline

Activity: 1246
Merit: 1002



View Profile
May 29, 2014, 11:27:06 PM
 #22

Market manipulation is the last thing we need. These stupid pump and dump schemes only hurt what this community is trying to accomplish.

Stupid pump-and-dump schemes are not profitable so, while they certainly do hurt the market, there is at least a strong disincentive to executing them.

However, some pump-and-dump schemes are profitable and take advantage of manipulable day-traders.  These certainly help the market and the community and I for one hope we see more of them.
DannyElfman
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
May 29, 2014, 11:28:17 PM
 #23

i once lost a lot of money on an altcoin pump that was carried out like this. NEVER AGAIN Undecided

This spot for rent.
odolvlobo
Legendary
*
Offline Offline

Activity: 4298
Merit: 3214



View Profile
May 30, 2014, 12:12:26 AM
 #24

However, some pump-and-dump schemes are profitable and take advantage of manipulable day-traders.  These certainly help the market and the community and I for one hope we see more of them.

Schemes that take advantage of other people are not helpful. People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
teukon
Legendary
*
Offline Offline

Activity: 1246
Merit: 1002



View Profile
May 30, 2014, 02:16:31 AM
 #25

Schemes that take advantage of other people are not helpful.

Such schemes, when profitable, take advantage of bad day-traders.  It is the bad day-traders that are not only unhelpful but destructive.  Disincentivising this activity will reduce volatility and quicken the process of price discovery.

People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.

I suppose it's good karma to wish others misfortune.
tooil
Full Member
***
Offline Offline

Activity: 181
Merit: 100


View Profile
May 30, 2014, 02:25:02 AM
 #26

Schemes that take advantage of other people are not helpful.

Such schemes, when profitable, take advantage of bad day-traders.  It is the bad day-traders that are not only unhelpful but destructive.  Disincentivising this activity will reduce volatility and quicken the process of price discovery.

People that enjoy taking advantage of other people will get what they deserve in the end. I hope you lose everything.

I suppose it's good karma to wish others misfortune.


Pump and dump scheme are shark eat shark world.

Someone who is new to cryto won't know how to buy all these alt coin.
teukon
Legendary
*
Offline Offline

Activity: 1246
Merit: 1002



View Profile
May 30, 2014, 02:55:05 AM
 #27

Pump and dump scheme are shark eat shark world.

I believe so, although I'd extend this to all day-trading myself.
Shallow
Sr. Member
****
Offline Offline

Activity: 938
Merit: 255


SmartFi - EARN, LEND & TRADE


View Profile
May 30, 2014, 12:44:14 PM
 #28

LOL what a retarded plug, besides, buying into someone else's publicly announced pump means YOU are the sucker left holding the bag.

████
██
██
██
██
██
██
██
██
██
██
██
████
...The Open..............
...Lending Platform...
████
████
████
████
████
████
████
████
████
████
████
████
████
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
█████████▀        ███████
████████▀        ▄█████████
█████████       ▄▀▀██████████
█████████     ▄▀   ▀█████████
██████████  ▄▀      █████████
█████████▀▀       ▄████████
███████        ▄█████████
▀███████▄▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.SMARTFI..████
████
████
████
████
████
████
████
████
████
████
████
████
...Join the SmartFi.....
...Token Sale...
████
██
██
██
██
██
██
██
██
██
██
██
████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!