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Author Topic: Pump coin  (Read 2908 times)
unusualfacts30 (OP)
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January 06, 2015, 08:26:11 PM
 #1

I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

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nomoreheroes7
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January 06, 2015, 08:27:10 PM
 #2

...how is that any different from any other altcoin??

Zero innovation. Makes me sick. Here's my money.
unusualfacts30 (OP)
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January 06, 2015, 08:28:36 PM
 #3

...how is that any different from any other altcoin??

Zero innovation. Makes me sick. Here's my money.

full transparency between shareholders. Other altcoins stab you in the back by lying.

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January 06, 2015, 08:28:49 PM
 #4

BuyLowSellHighCoin

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January 06, 2015, 08:51:06 PM
 #5

Musical chairs coin
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January 06, 2015, 08:53:43 PM
 #6

There has already been one pump coin but it never got anywhere.

https://bitcointalk.org/index.php?topic=582317.20
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January 06, 2015, 09:29:12 PM
 #7

HeWeGoAgain Coin  Grin
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January 06, 2015, 11:17:55 PM
 #8

InsanityCoin [now Project WOLF] tried something like this when it was first released:

https://bitcointalk.org/index.php?topic=471166.0






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January 07, 2015, 12:38:40 AM
Last edit: January 07, 2015, 02:32:35 AM by Captain YCLO
 #9

I got a nice coin for you to do this with, and you will actually achieve something in the proces, namely expanding the entire cryptocommunity about 3 fold!

The coin I am talking about is EFL, I am deeply involved myself, but those new community members will also need indenti.fi to authenticate themselves on my website tbrabantskwartiertje.info/indexenglish.html so if I can ever get out in a fashionable matter you know it's well spend Cheesy

Allthough the general thought on this forum is very negative towards us, it's mostly because people did got involved and ended up with a negative situation. Let this be the one time to explain you what happened in my opinion with the coin EFL as traded on bittrex and cryptsy.

Besides a pre-mine of 50% the coin was also insta mined at the beginning, with allmost 40K blocks made in the first week or so. Then there was bad communication about rewards for new wallets (Raymond To has been payed allmost a million e-ƒ, this can be found on Linkedin) and a very high inflation scale (fast maturity) and those forces combined with an anonymous dev made the community lose faith in the coin without ever trying to make something out of it.

I hope I don't have to explain to you what an influencing role my little country has in today's world, because I'm not going to, and allthough we represent a nice part of this forum, cryptomoney is in no way generally accepted, or even talked about in today's life. I'm sure most of you know NLG and some wonder why I'm not joining forces with them, but the point I want to prove is the power of crypto, I am not in for the money or name, but to explain a country why they need to re-think their thoughts. If you want to force a paradigm shift in the Netherlands, this is the time to give us a fat finger, as I believe the sheeple will only wake up if we make impact on their euro, I mean, let 1 coin be worth more then 1 cent, maybe even 5 as a kickstarter. In the process of you making money you will wake up the Dutch people and make them understand the power of crypto, this way you will actually legitimize a price rise that's not just based on good timing, but the idea of growing your community.

I want to make extra clear that I do not see any other coin as competition, I prefer to look at everyone as family, the reason why I specifically chose for EFL is because of the potential it holds as a Dutch country coin, this gives the coin a very pre-dedicated user base. Also the specifications of the coin are more my cup of tea, this impact on the euro I talked about is simply not possible (or smart for that matter) with NLG, because of their long maturity and large number of coins. Another reason why both coins can exsist in one country, is because NLG is mostly in english and we try to communicate in dutch only. I believe EFL can be the gold to NLG silver. I talk about NLG so much, because their community where mostly victims and now blame us for trying. For everyone involved in a coin themselves I think it's not that productive to spend time calling other coins a scam, it tell me you don't understand the game we are playing. Last year almost 300 people got shot out of the sky and the information involved in this proces is the bigger picture that some people forget.

To tell you what we are working on, I want to let you know our coin will have a short presentation tomorrow in Amsterdam http://www.meetup.com/BitcoinWednesday/events/217769172/, not by me, but the chairman behind the foundation that was created by some people who did want to invest time and effort in defending crypto. Their most important point will be the launch of spaarplan.egulden.org on januari 1st 2015 and the opening of our own digital world http://imgur.com/a/HsInK#0, which we will synchronize with our blockchain in 2015, the first steps are made already, we are working on a addressbook that holds all known names and addresses, so you don't have to type those difficult looking public keys, this will be used for the avatars in our world. This world will hold exclusive e-Gulden deals for partners who are willing to give our community some nice reduction.  Our world will have e-Gulden as base currency and we try to get people and merchants sending wallet to wallet as much as possible and educate them in the process. Also, I will talk with a company that develops accounting software, so e-Gulden can be your base currency and the euro your cross-post. I want to do this for myself out of personal religion, as I feel horrible I ever came in contact with the euro and want nothing to do with it. This talk will also be tomorrow.

All information about e-Gulden starts in our new OP, from here you can find all history about us, that I know of: https://bitcointalk.org/index.php?topic=843017.0

To cut it short, you have to believe that a pricespike will cause more buying and trust in me and the team to be able to spread the crypto message. I hope some sugar daddy will give it a shot and just look what he will get back, just be reminded the foundation still holds 5 million coins in a pre-mine that will distributed for free and our current daily minded coins is still 9000 out of 21M which is quite substantial if you ask me. I just want you to know that the people I got behind me are all looking the same direction, but I can't make any promises to the future outcome ofcourse. If this becomes a success I try to cool the market, explaining the new communitymembers that buying above €2,20371 a piece is not needed while the coins are still being mined (this will take about 4 more years to be completed and is enough time to get everybody involved in a new economy). All I know is our coin has some dedicated people behind it that are willing to work for it's succes, and allthough we have been mostly repairing in 2014, I think we deserve more support from this community then we get now. To conclude I believe if you bought EFL with an anonymous dev without any plans you where stupid, but if you are not buying EFL with the changes it made since the start of the foundation I believe you are also stupid! (Sorry if I sound angry sometimes, it's because I am angry sometimes https://www.youtube.com/watch?v=BVp8xWsteMo)

Anyway, thanks for starting this topic, I had to write this story somehow but didn't know how to start it, now you did so if you got a account on bittrex cryptsy or bleutrade send me a pm with your e-Gulden address and I send you some, tnx!

Your Children Live On
unusualfacts30 (OP)
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January 07, 2015, 09:03:44 AM
 #10

There has already been one pump coin but it never got anywhere.

https://bitcointalk.org/index.php?topic=582317.20

that's retarded. It could never work the way it was set it up. Who was going to pump the price with his BTC? No one is going to take that risk.

What I'm offering is something that has never been done in crypto and it has 100% success rate.

100% would be premined and handed to people who invest during ICO
ICO money is collected before hand to make sure that it doesn't get fcked up. Money will be used to create solid floor beforehand at 2x price. That floor will be there to stay for limited time. (6 months)
Only people who would know about "inside info" will be the ones who bought during ICO
There will be IRC invitation to members ONLY
If you buy this coin after ICO you're on your own (It'll be hard coded in the thread) so people can't get upset afterwards.
Most importantly people who don't research before investing will lose money and trust me we want them OUT of crypto land. They're bad for every single coin out there. Weak hands as you may call them.




Decentralized
Asset-Backed Banking

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January 07, 2015, 02:17:13 PM
 #11

I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

You are a fucking virus to cryptos. This is absolutely counter productive to expanding user adoption, and only serves to rob new users and turn them off from cryptocurrencies entirely.

Fuck You.

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January 07, 2015, 02:22:56 PM
 #12

There has already been one pump coin but it never got anywhere.

https://bitcointalk.org/index.php?topic=582317.20

that's retarded. It could never work the way it was set it up. Who was going to pump the price with his BTC? No one is going to take that risk.

What I'm offering is something that has never been done in crypto and it has 100% success rate.

100% would be premined and handed to people who invest during ICO
ICO money is collected before hand to make sure that it doesn't get fcked up. Money will be used to create solid floor beforehand at 2x price. That floor will be there to stay for limited time. (6 months)
Only people who would know about "inside info" will be the ones who bought during ICO
There will be IRC invitation to members ONLY
If you buy this coin after ICO you're on your own (It'll be hard coded in the thread) so people can't get upset afterwards.
Most importantly people who don't research before investing will lose money and trust me we want them OUT of crypto land. They're bad for every single coin out there. Weak hands as you may call them.





Wouldn't work. Anyone smart as a rock would dump into the 2x buywall.
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January 07, 2015, 02:39:15 PM
 #13

So basically you want to steal money from unaware people by selling them your overpriced coins. Fuck you OP.

Ask the stranger he knows who you really are.
unusualfacts30 (OP)
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January 07, 2015, 05:15:51 PM
 #14

I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

You are a fucking virus to cryptos. This is absolutely counter productive to expanding user adoption, and only serves to rob new users and turn them off from cryptocurrencies entirely.

Fuck You.

Not at all.

Anyone who buys this without doing proper research would lose money and in fact they DESERVE to lose money if they can't even spare 5 minutes to research a coin before investing their money in it. Who wants them? nobody.

Do you really want those kind of people in crypto? The ones who jump on every single pump that's going around and then they dump because of FUD and panic? These people are worst nightmare of crypto. They can't see further than day trading and they screw every good coin that's out there for there penny profit. They fck everything up. Don't you want to see a day in crypto where people aren't affected by FUD and every hand is a strong hand?

It's not counter productive at all for few reasons:

1.) We'll only p&d this coin. It'll be hardcoded in the thread in bold [DO NOT INVEST IN THIS COIN AFTER ICO. IT'LL GET PUMPED & DUMPED]. That's fair warning. Don't you think?

2.) It'll help crypto get rid off all weak hands. They'll lose money and then they'll leave crypto alone OR they'll become smarter and research before putting money in crypto so they'll become strong hands.


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Asset-Backed Banking

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unusualfacts30 (OP)
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January 07, 2015, 05:20:21 PM
 #15

There has already been one pump coin but it never got anywhere.

https://bitcointalk.org/index.php?topic=582317.20

that's retarded. It could never work the way it was set it up. Who was going to pump the price with his BTC? No one is going to take that risk.

What I'm offering is something that has never been done in crypto and it has 100% success rate.

100% would be premined and handed to people who invest during ICO
ICO money is collected before hand to make sure that it doesn't get fcked up. Money will be used to create solid floor beforehand at 2x price. That floor will be there to stay for limited time. (6 months)
Only people who would know about "inside info" will be the ones who bought during ICO
There will be IRC invitation to members ONLY
If you buy this coin after ICO you're on your own (It'll be hard coded in the thread) so people can't get upset afterwards.
Most importantly people who don't research before investing will lose money and trust me we want them OUT of crypto land. They're bad for every single coin out there. Weak hands as you may call them.





Wouldn't work. Anyone smart as a rock would dump into the 2x buywall.

Yes and that's when ICO money would come in and buy it off him to make sure floor doesn't get lowered. That's the whole point of ICO money. It's there as back up just in case someone try to backstab.

Decentralized
Asset-Backed Banking

  ▄▄██████████████████
 █████████████████████
█████▀▀
████▀    ████
████     ████
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         ████    ▄████
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.TheStandard.io.█▀▀▀











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January 07, 2015, 06:35:09 PM
 #16

I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

It just sounds more of a gamble, and I doubt people would be willing to take part in it.
Its better to just risk your coins in poker or just gamble it.

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January 07, 2015, 08:04:14 PM
 #17

Wouldn't work. Anyone smart as a rock would dump into the 2x buywall.

Yes and that's when ICO money would come in and buy it off him to make sure floor doesn't get lowered. That's the whole point of ICO money. It's there as back up just in case someone try to backstab.

Yes, but the ICO money would only cover 50% of the total supply at 2x the price. Once half the holdings get sold into the buywall, you have 50% of the alt and the ICO money is gone.

Did you already anticipate this possibility? Do you want it to occur? (Yes, I'm asking seriously.) Is this an experiment of the prisoner's-dilemma kind?






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January 07, 2015, 09:08:32 PM
 #18

I'm not sure if it'll work but this seems like a good idea.

Pump coin. Only purpose of this coin is to get pumped and dumped.

How?

Create this coin and announce the purpose.

People buy this coin via IPO (100% gets divided between them)

Once a month everyone gets together and blow up their tweeter (if it's 2000 people doing at the same time it'll be huge). Once it reaches certain level everyone starts dumping slowly.

All the IPO money gets used to pump the price each month or as required.

Once it gets dumped 100%. We buy it again and start over. One month is more than enough time for bag holders to dump their shares.

It'll be full transparent as we would tell the purpose of the coin before hand so nothing is hidden.  Grin


Thoughts?

You are a fucking virus to cryptos. This is absolutely counter productive to expanding user adoption, and only serves to rob new users and turn them off from cryptocurrencies entirely.

Fuck You.

Not at all.

Anyone who buys this without doing proper research would lose money and in fact they DESERVE to lose money if they can't even spare 5 minutes to research a coin before investing their money in it. Who wants them? nobody.

Do you really want those kind of people in crypto? The ones who jump on every single pump that's going around and then they dump because of FUD and panic? These people are worst nightmare of crypto. They can't see further than day trading and they screw every good coin that's out there for there penny profit. They fck everything up. Don't you want to see a day in crypto where people aren't affected by FUD and every hand is a strong hand?

It's not counter productive at all for few reasons:

1.) We'll only p&d this coin. It'll be hardcoded in the thread in bold [DO NOT INVEST IN THIS COIN AFTER ICO. IT'LL GET PUMPED & DUMPED]. That's fair warning. Don't you think?

2.) It'll help crypto get rid off all weak hands. They'll lose money and then they'll leave crypto alone OR they'll become smarter and research before putting money in crypto so they'll become strong hands.



Fucking stupid people over doesn't help us get new long term users. Focus on average users putting 5-10 dollars in every month on something they deem useful, and we'll actually go somewhere.

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January 07, 2015, 09:58:29 PM
 #19

Then the ICO money runs out, half the coins are bought, and you disappear with 'fair compensation for your time'

We've seen this before. Just fuck off with this ICO shit already

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January 08, 2015, 12:05:06 AM
 #20

Fontas would have pumped anything, even this. "Transparent solution"? Near impossible with crypto.

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