Quote from: cyberpinoy on March 02, 2015, 03:02:35 AM

Quote from: RyanPumper on March 01, 2015, 01:47:47 AM

Does volume cause the pump? Or does the pump cause the volume?

The pump causes the volume DAAAh, it this would not matter if its authentic pumping of domestic news of the coins wiht a new feature or a new update, or from pump groups, a pump is a pump. Without someone pumping a coin, there is no additional attention being drawn to that coin, without people pumping it no one knows whats going on, when people hear about a coin pump and see it being pumped, they buy in, when they buy in others follow the leader like monkey see monkey do. thus.... The pump causes the volume, because without the pump you just have regular everyday price action.

Quote from: RyanPumper on December 29, 2014, 09:19:28 PM

If you were to spend just one hour analysing the charts, you will quickly realise that It is virtually impossible for a short-term trader to pull big money from the market on a consistent basis.

In a previous post, I demonstrated the differences between trading and gambling, pointing out that trading is a venture that requires calculation whilst gambling is a venture requiring nothing other than misguided hope. The rationalization was that altcoin gamblers, actually believe that trading is gambling, and so they act as if this is a fact.

Short-term trading is the gamblers thought process manifested into tangible action.

You see, a short-term trader is basically someone who spends the majority of their time betting on the continuation of price moves that have already occurred.

Now come on Ryan I was defending you, but flat out misleading people as a pump group owner is just bullshit And I call you out on it.

Now for some real honesty,

For everyday lone traders with absolutely no backend info, trading is just a gamble, You can stare at those charts for 150 hours straight and this market they will tell you nothing and reflect no predictable actions, why because this is the crypto world, those charts mean absolutely nothing except what has happened in the past. Crypto has absolutely NO demand thus making those charts a useless waste of time on both ends.

EXAMPLE: Every month China has to buy a product from Japan, this creates a demand for the Japanese Yen. Because of this it is easy to follow the charts and see what a possible movement could be and how much it might be, in addition, at the same time every month Japan has an economic news release of the CPI (Consumer Price Index) you can look back into the charts to see what the last movement was based on this news, look into current economic conditions of Japan and make an Educated trading decision based on the demand for the YEN.

UNDERSTAND THIS, Crypto has no "REAL" demand, no one has to buy any crypto for a purpose, there is no product that can only be purchased with crypto, there is no service offered by way of payment with crypto only, their are no places that only accept Crypto, there is no country in demand of using the crypto, THERE IS NO DEMAND, the only thing that gives a coin its value is it tradable market, the exchanges and who is buying what when.

For Ryan, as a pump group leader, it is very easy to say things like

Quote from: RyanPumper on December 29, 2014, 09:19:28 PM

"In a previous post, I demonstrated the differences between trading and gambling, pointing out that trading is a venture that requires calculation whilst gambling is a venture requiring nothing other than misguided hope."

Why? Because for him and people in his group they have what we call "Insiders Info" they know a huge amount of BTC will be used to move a certain market at a certain time, but their inside info goes even a step farther! After Ryan and his admins already have purchased into a coin for over a week before they release the info to the group, the members of the group have an exact moment this price action will happen.

For the people who are members of a pump group there is no gamble, for the leaders of the group there is even less of a gamble as they pick the times, the dates and the coins and they have already bought in long before the release of what coin is being used to their members. They literally float on the ride of profits from their group pushed by greedy buyers and panic sellers.

For them, crypto trading is NOT a gamble, for everyoine else those charts are useless, trading is a simple gamble.

And this my friends is the bare truth of the facts

Tell the truth Ryan

someone get this man an award!

100% right. good post.

ryanpumpernickel....pump MUNNECOIN to the moon, show us what you got ngga