Quote from: preshpr1nce on January 23, 2018, 02:06:56 PM

These type of threads really show the state of things, let's look at some simple logic,

1. A few people open a group, let many in, these few people dictate everything from the coin, the time etc.
2. In a pump group, the only people making money and losing money are typically those in the group.
3. The few people driving the group buy a coin dirt cheap, then tell you all to pump it, once its up they sell you lose.

Let's just give an example.
Joe buys $10k worth of a coin at 0.0000001
Pump group pushes buy volume to say $100k, Joe the owner of the group who bought it at $10k now sees the price hit 0.0000010, he realises there is
$100k worth of buying power so he shorts the whole thing right down to where it started, you can't see this coming, you won't be lucky to sell on the ride down as 1 single person can short that entire buy wall.

Money doesn't appear out of thin air, those making it in these groups are taking from the same people in these groups.
If you've just got in to trading and this is your optimistic approach to making money, please come back and tell us how it went.

If it were this easy we would all be doing it, for those of us who have been at it awhile, you'll see us making real investments instead of dreaming about a "too good to be true" approach.

pump groups = noobs losing money.

OK. But in this group crowd decide what token to pump, during conversation in a group. This is group (chat), not channel, where admin decide what token to pump. Here we will come to common conclusion what token to pump. So everybody will have same chance to catch the wawe. Afmin cant choose token, before members of the chat have agreed. When we will grow there will be 3 rules
1. Everybody can offer token to pump
2. When majority of people is agreed, then there will be announcement in chennel.
3. If there is no consensus on the name of token to pump, there will be no pumping.