Quote from: AjithBtc on April 23, 2017, 04:02:46 AM

Quote from: Maheshkumar_Hrangkhawl on April 21, 2017, 07:16:51 AM

Quote from: SoeNan89 on April 20, 2017, 04:59:55 PM

It was very horrible, if the Bitcoin whales take advantage from newbie with a fake pump.
Do you know the signs or characteristics of a fake pump ? So all of us to be vigilant and cautious in trading.

Just check the market capitalization of the altcoins and then compare the number of users each of these coins are having. If an altcoin which is having less than 10,000 users is achieving a market capitalization of $500 million, then the possibility is that it is a fake pump.

Market capital of altcoins too cannot be considered as a fake volume, because every bitcoin user will be holding few number of altcoins due to the decreased price. This serves to get hold of good capital market. I believe fake pumps were created during the start of the project to make good value for the token. Later on only the user increase helps the capital increase.

not true at all.
only traders hold altcoins, and that is only because they are trading those altcoins to make profit and not every bitcoin user is a trader, nor are willing to risk their money and bitcoin on something too risky such as altcoins.
i believe you are speaking from watching things from afar. if you get your hands dirty with some trades and some watching of the market, you can see things aren't so hunky dory as you think they are. there is a lot of manipulation in altcoin market and most people are losing money until they either get better at noticing these things or give up trying.