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Author Topic: Bitcoin price theory - Government pump and dump  (Read 825 times)
Morecoin Freeman
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March 18, 2015, 06:08:44 PM
 #1

US Marshals Service pump and dump:

  • Announce bitcoin auction
  • Pump bitcoin
  • Sell overpriced coins to unaware bidders
  • Dump bitcoin
  • Make money $$$

Ask the stranger he knows who you really are.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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March 18, 2015, 06:11:40 PM
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they don't care enough about it to pay it much mind. titans of silicon valley are obsessed w/ btc but law enforcement doesn't care
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March 18, 2015, 06:14:23 PM
 #3

US Marshals Service pump and dump:

  • Announce bitcoin auction
  • Pump bitcoin
  • Sell overpriced coins to unaware bidders
  • Dump bitcoin
  • Make money $$$

You don't seem to have paid attention to the price around the auctions. The trend was rather the opposite of what you wrote.

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