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RE: How To Avoid a Pump and Dump in the Crypto Markets

in #cryptocurrency8 years ago

I have been toying with the idea in my mind of a machine learning algorithm that can detect the early stages of a pump-and-dump and ride the wave. If anybody ever reverse-engineered the algorithm, it would be highly susceptible to exploitation, but until then it would be a fun little cash cow. :)

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That would be a real money maker. So many pumps. Pretty sure I see one building up for CANN (cannabis coin). A lot of chatter is starting and there has been some...interesting price movement.

Interesting, will investigate. Keeping in mind that you yourself could be a shill... ;)

oh, lol! Yeah, well, I've definitely done my share of shilling but in this particular instance I was referring to your research. I thought you might like a chance to watch one happen and collect data. I've been seeing some people semi-casually posting on Reddit an Slacks about CannabisCoins going up or some kind of "community takeover." I also saw someone call it a pump in a reddit comment and mention an estimate of moving it a decimal place so I'm getting that "vibe." I'm certainly not recommending anyone invest money, just observe.