Quote from: ZenTrader on May 07, 2013, 10:53:16 PM

Quote from: dooner4 on May 07, 2013, 08:29:02 PM

In about 48-72 hours I will be pumping the hell out of BBQ Coin. I have about 940btc (Thanks to the dude who gave me the loan who will remain anonymous, you're getting an extra tip soon lol) and its ALL going to BBQCoin.

Eeeh, wot?

I'm really curious why would you do this? The pump and dump scheme originates from first building up a sizable position in something, THEN pumping the price (promoting), and then selling into the pumped up price (the dump), to make a profit.

Pre-announcing a pump seems counter-intuitive to me. Unless you already bought, and what you're actually doing now is the pump part (promotion) and you're just sitting there waiting for everyone to take your BQC off your hands.

you have the strategy figured out. Its basically a pump and dump without using your resources to pump it.