Post
Topic
Board Service Announcements (Altcoins)
Re: PumpKings : We pay YOU! Check us out!
by
LostWords
on 04/07/2017, 23:11:47 UTC
scam is confirmed by me.. when they announced the coin name it was already pumped. they buy always before the announcement and waiting some of members to buy a bit more and bidding higher than asks and selling lower than asks. it also helps the pump more and guess what.. who bought the coin before (and guess who they are) always collects %80 of profits. the other profit rate is naturally distrubites the buyers in the mid of up going price and sell it a bit higher than which price they bought. thats the way. i revealed it even as a newbie.
Yeah, thats always with these pump groups. I am in like three or four pump groups on Telegram and I always check the coins when they announce them and all of the groups have always chosen a coin that is suspiciously already up at least 30/40% before the pump begins. Usually a couple hours before the annoucnement. It's a scam/