Four days ago i made this post Thinking of joining a pump and dump group? Think again DONT . I am glad with the outcome because it got 94 views ! So that means some of you learn something the easy way !
Yesterday i come across this post NEXT CRYPTOPIA PUMP — Tuesday 18th — Mission 10000% another example of PnD scam and he is luring people from Steemit platform aswell !
So let me introduce you ⛳️@zeroshiki Joining fee : Free ⛳️
He give instructions to participants buy up to 0.002 and don't sell till 0.0049 more likely to stockpile all of them their sell orders over there & create a kind of stop wall
So if participant X (or victim X )buy in to this pump with 0.01 BTC you could walk away with 7 BTC ! Thats good !! But its good to be true !
The break down
100 participants from 1356 members his telegram group. Puts 0.01 in to the pump and sets the sell order at 0.0049 thats 700 BTC sell order! This number is crazy even for legit coins on bigger exchanges !
The Rich List
When you see something like that is bad news ! Someone is desperately looking to dump on the first chance and in combination with light weight order book thats bad news X2 ! I guess you can imagine why...
And still this guy claim success !
What it really happen is he has prebuy and 2 minutes after the pump has started he dumped on his group !
The same old story !
Conclusion
Don't be greedy my fellow Steemians especially those who are still testing the waters of crypto trading !
Don't forget 0.01 maybe sound funny amount but for someone else could buy food for himself & his family!
Crypto is all about patience and discipline !
P.S. Maybe this guy ⛳️@zeroshiki⛳️ isn't the owner of this pump group , but by supporting & promoting such kind of activity make him part of it !
-Rouketas
fair play @rouketas for stopping this.
ive been trying to stop this for a few weeks
which led to being spam flagged
now im -1 REP and lost around $200 of the posts i had made that time :(
so thanks again for ending this im sure you've prevented anymore from being taken for a ride by these scammers.
Thanks for looking out. I cant stand these pump and dump scammers!
Thanks for sharing
(normal response for once)
lol ;)
When bears come PnD scams are at it's finest !! oi malakes theloun na paroun ta lefta tou kosmaki !
I know and we are starving. Koufales!!!
In Ukraine 0.01 btc - is a s week life for one persone!
Thank @rouketas
Thats exactly is my point ! People must control their greedy feelings and show some respect to their money !
I fully agree with your point of view. There are many ways to get money, while not deceiving anyone
Good looking out homie!
Thanks buddy !
Pump groups are the ponzis of cryptocurrency. The only person guaranteed to benefit from a pump is the organizer. Others are just like gamblers on a rigged game.
There are way worst than ponzi !
You don't obey anyone when to sell LOL or you will be put in a bag holding position.
PnD's are a kind of opportunity if the PnD is a regular PnD as you can sell in a different time in the pump if you missed it.
Well in first place don't mess with shit coins ! :)
Greetings @rouketas !
I found this post to be a great post and valuable to our Steemit community!
I just posted a new episode of ~(~Q2C2~)~ and featured your post in hope to advertise it and bring in more support!
Keep up the great work!
SteemON!
You can check it out here here if you like.
Hello @quinneaker !
Thank you very much for your kind words , as an old dog of crypto land , i feel kind of obligated to raise awareness about such topics as "easy money" drawing the attention of new comers !
You are doing a great work as well !
Steam on !
Thanks again !
Good!
Because shit like this turns people off and gives it a bad name.
Keep up the good work and I hope you will be able to help me more in the future as I am very new to the crypto world!
SteemON!
What ever you need to ask or discuss you can hit me on steemit.chat or on some discord server ! i am on SteemSpeak , PAL, Whaleshares,SteemTrail :)
So what do you say about bitconnect?
I haven't touch it and i am not willing to touch it ! "lending" & "reference program" is two words that raises flags!
Also when a platform can calculates your ROI & you can reinvest you capital it's shady in my eyes !
yea a few people said so. Will stay away then even though some other people have said they make a lot with it.
Thanks for ur input.
I don't really know how to use any of those but steemit chat hahaha
I have been wondering about whaleshares though....Heard people saying it helps with their success here, I'm just so busy with all the projects I have going on sometimes it feels like to much to try and get into another project!
I really appreciate the offer though, I am very good at taking advantage of opportunities that present them self!
Isn't he to small to be "moving stocks"?
Referring to cryptos , big or small just make sure you dont fall into that !
I agree, don't worry I barely have any bitcoins to begin with :(
Such kind of scam will do it for any amount !
As soon you get some traction here on the platform you will get some liquidity from SBD , just make sure you hold your SP ! ;) friendly tip
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