Post
Topic
Board Bitcoin Discussion
Re: Does Bitmain have a pump and dump team?
by
mineroc
on 02/09/2018, 19:50:48 UTC
It looks like you don't know what "pump and dump" means. Read this:

What is 'Pump And Dump'

Pump and dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, sell their positions after the hype has led to a higher share price.


The pump doesn't have to involve shilling if you got billions to cause bullish action by purchasing an asset, artificially decreasing supply and increasing demand.

In other words: semantics.