Post
Topic
Board Bitcoin Discussion
Re: Pump and dump collective?
by
Juggy777
on 24/09/2018, 16:47:13 UTC
So i had an idea with really no know how on if it could work or how to implement it but here goes. I have been trading on BTC-e and i see that all the markets are controlled by large coin holders they pump and dump leaving the little guys screwed. So what if a large group of  us little guys got together and formed a Pump and dump collective and took the power out of the few large coin holders hands? could this work? Would it be profitable? How would we go about forming and controlling our group? Flame away.... Wink
You will not be able to control everyone, because they all will not submit to you, you better just follow the big pope, when Dumps, This is the best time to collect dump coins, hold and save. This is the easiest way to get rich because buying and holding is the best way to get profits. So when the pump of prices starts, they patiently wait for the right price for them to get richer. Use strategic plans for your future. Just collect and collect now, then we sell it at the right time.

Cassieheart like you said it's a old post and I just wonder had you and other members actually taken the plunge back then, at those rates I'm sure you'll would have been able to buy a lot of coins collectively, and then sell them in today's time causing ripples across the market, it's a shame that this idea was not executed lol, wonder what if that idea was executed would Bitcointalk would be the home of pumpers and dumpers?

In current scenario it's not possible to do this the rates are very high, and it would take loads of coins to cause a pump or dump like the one you had in mind.