Quote from: Cryptospector on May 02, 2014, 01:04:53 AM

How often do people p&d coins in this situation? I've sunk .3btc when it was at 7btc/coin, roughly a 60% value loss. I'm hoping someone would pump it up to 4.6, ideally 5 to cut my losses. Any idea how frequently a p&d takes place? are exchanges where p&d is more frequent?

Thanks!

I think the whale theory is overstated. Pumping doesn't consist of buying up coins to raise the price, it's just a matter of building hype so people buy up the coins. Then people like you get entranced and hop on board hoping to ride the price up to the moon, then the bubble pops and the market finds a fair value. There's always a buying frenzy when coins hit an exchange. I wouldn't count on a whale magically raising the price back up, but you could certainly help by spreading the word about 365 coin.