Quote from: asdlolciterquit on March 13, 2014, 09:07:22 AM

Quote from: Zeak on March 13, 2014, 02:08:52 AM

@FCKBanksCoin says he's pumping tomorrow around 11 AM EST...don't know if this is a farce or not.

where? fck/btc on cryptorush is not available. Sad

heres a little tip for all of you people who i guess you don't know.

pumping and dumping is fraud, being involved in one is actually illegal in *A LOT* of countries, and is actually a pretty serious crime in some of them.

a lot of people say stupid things like 'its not the same because this isn't sec regulated', well that is actually false, the sec isn't anything to do with legalities, they are just a body that was created to help regulate wall street trading, pump and dumps existed before them (and exist after them) and have been illegal before and after as fraud (basically conning people out of money or asset value).

another thing people don't understand is any 'pumps' created by fraudsters, have them dumping into their stupid patsies buy walls as the 'pump' goes on. i'm not sure that many of you understand the actual mechanics of a pump & dump but let me post some information on how they work.

http://cryptogeeks.com/live-bitcoin-trading-lesson-how-do-pump-and-dumps-work

http://pumpdump.wordpress.com/2014/01/30/this-is-how-pump-and-dumps-work/

basically if you are involved in a 'pump and dump' that you heard about (or even worse, paid to be involved in) *YOU* are their profit.