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Author Topic: Was Bitcoin actually just a Pump and Dump?  (Read 44991 times)
DrGuns4Hands
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July 25, 2017, 10:35:56 PM
 #481

Bitcoin is really popular because it is volatile and the reason why does it pump and dump its because bitcoin is a decentralized currency thats the reason why traders has a big shot when bitcoin price is increasing because they will definitely sell it on high price and then when dump came they will buy low.
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July 26, 2017, 12:37:53 AM
 #482

Bitcoin is really popular because it is volatile and the reason why does it pump and dump its because bitcoin is a decentralized currency thats the reason why traders has a big shot when bitcoin price is increasing because they will definitely sell it on high price and then when dump came they will buy low.

In this activities we just need to wait for tgat right shot. It is dum and dump. But not just in every pump there were a lot who got opportunity to be rich and in every dump there were a lot new users who can join and can buy a lot to get rich in the future. Many benefited on that pump and dump.

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July 26, 2017, 03:14:02 AM
 #483

Pump and big dump I have no doubt, I feel happy with this btc creator because he has developed so far and developed very rapidly.
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July 27, 2017, 01:52:52 PM
 #484

Only most of altcoins are just pump and dump and not bitcoin.Bitcoin has revolutionized the world.People are now free from banks to send and receive money.They have got an excellent opportunity to earn from bitcoins.It has given equal opportunity to people all over the world new earning opportunities irrespective of caste,creed,etc.

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September 04, 2017, 08:42:34 AM
 #485

So it was a large pump and dump afterall huh. Well accomplished, scammers. Well accomplished.
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September 06, 2017, 05:20:40 AM
 #486

So it was a large pump and dump afterall huh. Well accomplished, scammers. Well accomplished.
Who said it was just pump and dump? We can’t achieve our goals if we keep throwing stones at every dog that barks in our way. We need to avoid such useless speculations in order to perform well with bitcoins and to achieve our dreams of being rich with our digital currencies.
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September 12, 2017, 04:36:42 AM
 #487

When I was a child I caught a fever. My palms swelled up like two balloons. Now I've obtained that feeling as soon as yet again... 
Canday
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September 12, 2017, 08:39:13 PM
 #488

i dont think the pump n dump is anywhere around more than
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September 13, 2017, 07:45:32 AM
 #489

I think that this is just how the technology will increase. Its still quite new and uncontrolled or controlled. If you search at how a lot of principles and restrictions are on fiat to stop all issues that are presently happening to bitcoin. Its just a make a difference of time ahead of bitcoin has the same regulation to decrease these issues from happening.
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September 15, 2017, 01:17:30 PM
 #490

Bitcoin is not a pump and dump because the market is not like that and the price of the market is just depending on the demand of the people and if the people will demand for buying bitcoin whatever is the price then it will continue to pump and as long as the demand is not going for selling bitcoin then bitcoin will not dump and pump and dump is not frequently happening because there is always a basis for that movement of the price.
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September 30, 2017, 12:34:19 PM
 #491

No bitcoin was not just a pump and dump, it serves a function and no 1 uses it for what it was meant for. Just since the users and buyers are ignorant to the expenditure and item they are making use of does not make that object a fraud  It make the customers and investors idiots.
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October 02, 2017, 02:23:24 PM
 #492

other cryptos might be just pump and dump but not bitcoin, bitcoin can be a very good source of income but most legit wallets asking bitcoin payment for transaction fees and it is very important to those businesses that uses bitcoin for their transaction.

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Red Fish
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October 02, 2017, 02:30:31 PM
 #493

There are around 200 000 Bitcoin users each day plus many BTC mining rigs, which affect Bitcoin price - pump and dump. I think Bitcoin mining is the main factor, because Bitcoin price now is quite high - 4420 USD now - http://preev.com/. And of course there are many thousands BTC users, which buy and sale Bitcoin at some point.  Grin   
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October 02, 2017, 03:00:47 PM
 #494

This is an open discussion, so your thoughts more than welcome.

Here is what i think that happened:

"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on  a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"







Yepp. That's how bitcoi works. Many people nowadays are using bitcoin and the numbers of users are continuously growing. We don't know how actually or what will be the value of bitcoin minutes by minutes. Bitcoin dump and pump depens on the demand of buying and selling of bitcoin. You don't need to worry because that's how it works and many people are actually aware of that.




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Kousei23
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October 02, 2017, 03:03:35 PM
 #495

This is an open discussion, so your thoughts more than welcome.

Here is what i think that happened:

"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on  a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"







Bitcoin pump and dump because that how it works and how people are adjusting on it's usage. The pumping and dumping value of the bitcoin depends on the rate of selling or the buying of it. Many people nowadays are also start to use bitcoin as their source of income so that the value of it become more higher. And don't panic when it is dumping because it will somehow pump again.


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Pejoh Asu
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October 02, 2017, 04:03:51 PM
 #496

This is an open discussion, so your thoughts more than welcome.

Here is what i think that happened:

"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on  a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"







Bitcoin pump and dump because that how it works and how people are adjusting on it's usage. The pumping and dumping value of the bitcoin depends on the rate of selling or the buying of it. Many people nowadays are also start to use bitcoin as their source of income so that the value of it become more higher. And don't panic when it is dumping because it will somehow pump again.
Bitcoin is decentralized so pump and dump is common, before we invest bitcoin then the first thing we must understand is the type of investment, bitcoin is a high risk investment type so if we are not ready to lose then we will be crazy, but the fact that I experienced is has never lost when buy bitcoin with a note must be patient to wait for get the best price.


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October 03, 2017, 03:20:45 AM
 #497

For me its a yes. There will always be a big pump and dump in bitcoin. I think it is a naturw of bitcoin. There is just a time when it gets pump and when it gets dump. We just have to know the timing of it.
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October 03, 2017, 03:24:50 AM
 #498

Bitcoin is decentralized so pump and dump is common, before we invest bitcoin then the first thing we must understand is the type of investment, bitcoin is a high risk investment type so if we are not ready to lose then we will be crazy, but the fact that I experienced is has never lost when buy bitcoin with a note must be patient to wait for get the best price.

Yeah, we have the same thought. Pump and dump are just a normal things. But surely, when the price is down, it will up again immediately.
That's because Bitcoin will always be use by people and will not get beaten by other cryptos. I think Bitcoin investment is not high risk.
It's just need a lot of time to make some real profit. Not just weeks or months, but years. But, the investment can also have some risk.
That's because we do not know yet about the Bitcoin future. Maybe the developer will get more creative and smarter to improve the system.
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October 03, 2017, 03:48:26 AM
 #499

For me its a yes. There will always be a big pump and dump in bitcoin. I think it is a naturw of bitcoin. There is just a time when it gets pump and when it gets dump. We just have to know the timing of it.

 it's not a deliberate pump and dump but it's due to our activities around bitcoin market. Just like other commodities fluctuations are nothing new and are determined by the market dynamics which arise from our activities in trading bitcoin.
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October 03, 2017, 04:57:51 AM
 #500

I don't have any doubt that this was all just big pump and dump, but my theory is, even the BTC creators didn't realize that Bitcoin would go this far.

I agree to this. Basically no one can actually tell if Bitcoin will go up and down. But just like stock prices or even in forex. It is possible that the price will stay stable or even go up. Yes it may go down in some time but it will not drop price as be a dump.
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