RE: Thinking of joining a Pump & Dump group ? Think again ! DON'T !
I have been in the position to make cryptocoin markets in the past, and I have been associated with several people who have the power individually and as a group to set up pump and dumps. I have personally burned out pump and dump groups from markets I was making. I have seen these people and their groups from the inside.
Even if you have no moral qualms about engaging in this kind of activity, it should be known that the small handful of individuals who run these groups rely on the group itself to absorb the dumping after they make their pumps, and then leave the big chance of loss to the group to then push the losses on a wider group of people. These groups are just a cesspool of people running around trying to fuck each other in the ass. Take my advice and don't get involved in them. Good article.
Whoa! You sound like you have a serious backround to be able to "make" a crypto market ! Have you done any post with any of your experiences ?
Your avatar carryring a lot of history !
On a more fun side note, I was there on the day the "arise chicken" Litecoin meme was created in the BTC-e trollbox, and actually witnessed and participated in its creation. I see this referenced by Fontas in the account pictured in your post :)
Not really. I enjoy my privacy so I probably won't be going into anything other than general discussion of my cryptocurrency related activities here. Needless to say I have been involved in the community since 2011 and have gained a lot of experience in this area from pretty much every angle of it. Frankly without details, no one would believe me anyway or really give anything I say about it much credence, but that's fine because I am not really here for that. I do however share some of my perspective on the cryptocurrency market from time to time as you can see from some of my past posts.