Quote from: bitcoinisbest on January 12, 2017, 02:56:10 PM

Quote from: zahra4577 on January 12, 2017, 11:55:02 AM

Quote from: bitcoinisbest on January 12, 2017, 11:05:45 AM

Quote from: zahra4577 on January 11, 2017, 10:42:46 AM

Quote from: bitcoinisbest on January 11, 2017, 05:34:38 AM

Quote from: zahra4577 on January 10, 2017, 10:46:54 PM

Quote from: bitcoinisbest on January 10, 2017, 12:04:29 PM

Quote from: zahra4577 on January 10, 2017, 11:58:02 AM

I am considering to make a Indian cryptocurruncy traders group to pump the selected coins in some exchanges just on the lines of many similar pump groups that exist.
Any takers for my idea here?

I think there is no such group exists till now so a nice idea. But not sure how many would like to trade altcoin which any given day will get disappeared especially with the new coins . Ones which are established like Litecoin also now not much being traded. So are you planning to create a what's app group or something like that?

Actually the whole idea of Pump is buy a coin (mostly the one with low price) pump it's price and sell it.
I dont think it has to hold coin for long so there is no question of coin disappearing.
Good famous coins requires lots of money to pump them so we will start with coins which are not much popular.
Yes a whatsapp group would be a nice idea.
Anyone interested start posting your numbers and I will add you to whatsapp group.

Thats a nice idea but do you think pumping few 100 buy worth of altcoins would make the price rise or once you buy it there will be seller at the time when you want to sell it? It is possible that you may get the buyer or even may not depends on the volume of the coins too.

Yes that is something we need to sort out.But sometimes it Is just a hype that makes a coin in demand.Take for example Shorty.They started Rocket ICO on yobit and their price is still above ICO price.
We can target such coins

Perfect but do you know in a week how many coins gets released and how many get next to zero value in coming time. How will you identify if say 3 coins are coming with ICO. DO you wish to invest in all the 3 or just among the 1. Because there will be no guarantee of any coin that price will always be high above ICO for long.

We can make profit with any coin even if it is dead after a week of launch.

Quote from: DomainMagnate on January 12, 2017, 11:44:57 AM

I think this is not going to work.Indians are still very few in numbers to be able to move price.Even if we have 100 members (a whatsapp group can not accommodate more) and each one invest 0.01 btc,I doubt we can pump a coin.

Do your math buddy.With 0.01 btc by 100 people, we can get 1 btc.If you check any exchange,this amount can push up price of many coins.

The thing is that first you will be buying that coin. So you require sellers for such a coin whose future nobody knows. Secondly once you hold the coin you would like to sell it at a high price. So you will require the buyers for that coin. Now this is where thing may not be that easy.

Absolutely. And when you make it "Indians only" group,things are going to worsen only.All your investment could sink with that coin.
Please know I am not dissuading you but I doubt if it is going to work but if you do manage to get 99 people, count me in as 100th