Quote from: Nullu on February 22, 2014, 09:32:08 PM

Quote from: mrdeposit on February 22, 2014, 09:21:38 PM

I am been day trading since I only had like BTC0.01 and now I have over BTC0.20. I am building a day trading group where we will pick a cryptocurrency, pump it up, and then dump it for profit. My job as the creator will be to make sure everybody in the group makes money from the pump and dump. I will take a vote each week (or day) on which coin to pump and dump.

If you want to join this group sign up at Pump & Dump Profits

Forgive me, but I do understand how this works. You need lots of BTC to pump a coin, and by sending out a newsletter, you're just telling people to buy a coin with you? Then what? How do you organise the dump? Or prove to members that you won't dump and leave them holding the bag?

Don't get me wrong, it's not a terrible idea. But your OP needs a bit more information. So many people have been burned from pumps. I guess I'm just looking for more information about the technicalities of how you will operate this.

I totally understand why you ask these questions. I have been burned by a few pumps myself. This is why I created the pump and dump group. I will update the OP with more information. Can you pm me a list of questions you have so I can add them to the OP with answers.