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Showing 3 of 3 results by bensmakinit
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Board Marketplace (Altcoins)
Re: My experiences with Fairpumps
by
bensmakinit
on 23/05/2017, 13:57:49 UTC
Can you please give some more information about the next incoming pump on any coin and guide us as well how to do it in a proper way?


Perhaps it should be, if you provide the correct information and how to play, it may be feasible to start a new game with a regular pump. That way you give us some useful information for people here.

Provided you have two monitors, or are comfortable with two smaller windows on your screen, I'd suggest watching the IRC on one channel, and have Bittrex open on the other, that's the way I do it to avoid alt tabbing or switching between multiple browser tabs. Really, the way to do it is to invest the amount you are comfortable losing if you don't manage to get into the pump at the right time. I can't really provide more information than what's on the site, because I'm not an organizer.  Undecided
Post
Topic
Board Marketplace (Altcoins)
Re: My experiences with Fairpumps
by
bensmakinit
on 23/05/2017, 13:32:04 UTC
All I know is what's on the site, next pumps on Tuesday and Thursday at 5 PM ET, so there's one today, on Bittrex. Two hours before the pump, the "Next Pump" page on the site will have the IRC client activated and you'll be able to join the channel through which the organizers control the pump. They pick 8-16 coins, number them, then the first hash of the newest mined Doge hash will determine which coin gets pumped. Once that's announced by the announcer bot, you quickly buy in and immediately set a sell price to an amount you think it might sell for. The way to do it is to be quick and not be greedy.
Post
Topic
Board Marketplace (Altcoins)
Topic OP
My experiences with Fairpumps
by
bensmakinit
on 23/05/2017, 08:41:47 UTC
Hey folks!

Out of curiousity, I've been trying out the pumps organized by Fairpumps.net and felt like sharing my experiences! Before going into detail, I'd like to point out that I'm not part of their inner circle, I've only taken part of the public pumps organized on Tuesdays and Thursdays. If you feel like trying it out for yourself, do so at your own risk, and only pump as much money as you can afford to lose. I do not guarantee success, nor do the organizers!

Where and when does it usually happen?

Exchange: Bittrex exchange
Event: public // Classic Proof Of Fair Pump
Date: Thursday, 23rd MAY 2017
Time: 5pm EDT (10pm BST/London, 11pm CEST/Berlin)
IRC: details about IRC will be released 2h before pump

What is pump and dump?

“Altcoin pump and dump” is the method of market activity our investment group is based on. It attempts to boost the price of a specified altcoin. Profits can be made by selling the coin on this price peak. As soon as the coin of interest is announced, every member of our group buys a certain amount of it as quickly as possible: The price will rise heavily during the pump. As soon as you are satisfied with the coin’s price, you are free to sell of your coins for a higher price than you initially invested.

My experiences

I took part during the pumping of EBST last week, which had about 250-300 people in the IRC.  The pump was moving nice and slow. While it wasn't as huge as they usually are, I still managed to make a nice gain, which I am attaching a screenshot of. The way they do it is having an announcer bot run and announce when a new hash of DogeCoin is released. The pump happens ten hash after the initial announcement. One hash before the last hash, they release a list of coins that potentially could get pumped. When the last hash is released, the first letter/number of the hash decides which coin gets pumped, and everyone buys as quick as possible to drive up the prices.

Anyway, here are my gains:

http://imgur.com/a/vbD5R

But don't forget, every time there are winners, there are losers as well, so only play with money you can afford to lose! If you feel like playing with some minor cash, feel free to try at http://fairpumps.net/

Cheers!