Pump and dump altcoins reddit

pump and dump altcoins reddit

You can find out a coins supply and marketcap on coinmarketcap. Want to add to the discussion? I’ll check again tonight. Other channels: mining. That is not how investing works. They are not in competition, Vitalik has said this himself.

Global Coin Report

The team at Bytecoin BCN had realized a need to communicate with the fans and HODLers of the coin and answer some questions by the community to clarify the feddit of the project. In the AMA, lots of questions were asked with abd to the coin, the road-map and other issues that were concerning the community. The AMA was successful and had the following questions answered. Many in pump and dump altcoins reddit Bytecoin community have been wondering if the coin and project was a pump pump and dump altcoins reddit dump affair ; especially after the debacle that happened when the coin was added on Binance on the punp of May. With respect to this event, the Bytecoin team responded by saying that they have no control over what direction the price of the coin takes. All they can control is the underlying software of the coin. They also added that Binance never gave them information on a time of the listing as earlier assumed by the community.

pump and dump altcoins reddit
Cryptocurrency pump and dumps are schemes, similar to those of the pump and dump of penny stocks on Wall Street, where investors artificially inflate the price of Bitcoin or an altcoin for the sole purpose of selling it off at a profit; thus, scamming other innocent crypto investors. The cryptocurrency markets are currently seen as the equivalent of the Wild Wild West. This is because the market is so new and lawmakers have not caught up to speed at which cryptocurrency is growing. And now, investors are taking advantage of this by creating pump and dump schemes where they scam other investors out of their money and their cryptocurrencies. A pump and dump is simply when an investor — or group of investors — put a large sum of money into a certain investment all at the exact same time, which then boosts the price of the investment.

The team at Bytecoin BCN had realized a need to communicate with the fans and HODLers of the coin and answer some questions by the community to clarify the progress of the project.

In the AMA, lots of questions were asked with respect to the coin, the road-map and other issues that were concerning the community. The AMA was successful and had the following questions answered. Many in the Bytecoin community have been wondering if the coin and project was a pump and dump affair ; especially after the debacle that happened when the coin was added on Binance on the 8th of May.

With respect to this event, the Bytecoin team responded by saying that they have no control over what direction the price of the coin takes.

All they can control pump and dump altcoins reddit the underlying software of the coin. They also added that Binance never gave them information on a time of the listing as earlier assumed by the community. Also of concern to the community, was the issue of BCN debit cards and an updated roadmap.

The team at Bytecoin was able to elaborate that the debit card project has had some setbacks and they will be updating the community as soon as they have news. With respect to the road-map, the team requested for patience as updates will be available soon.

The project has also been experiencing issues with the WebWallet. The team has been tirelessly working on solving issues of 2FA two-factor authentication and refunds. They promised to find a solution and recommended the desktop version of the BCN wallet for use as these issues were sorted.

With respect to partnerships and listings on exchanges, the team also promised good news with time. Last but not least, in terms of the questions asked, was the rescheduling of the hard-fork. The team explained that hard-forks are usually complex in terms of the technicalities involved and will be updated on when the event will happen. Current market analysis of Bytecoin BCN indicates that it has decreased by 7.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Image courtesy of Pexels. When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.

These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.

Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. While these trading offices are a great way to help bridge the information gap, Aluna. Social pump and dump altcoins reddit provide an even better way, especially as it relates to cryptocurrency trading. Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.

The goal of the platform is to help newcomers shorten their learning curve,…. As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.

While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.

BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide. Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies….

While Bitcoin BTC continues to hover around the magical 10, price level, altcoins continue to fight an uphill battle. Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance. These projects have managed to find a foothold in the market and have a better chance than most of staying. While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position. In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited.

There are several examples of this in our day to day lives. Auto title loans from large companies like TitleMax are extremely popular with consumers. Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer.

The consumer can continue using their car as long as debt payments are. The same concept applies to cryptocurrency CDPs. Consumers are able to put up crypto tokens, such as…. Connect with us. Share Tweet. Continue Reading. You may like. Bitcoin recovery services — Pros and Cons. Altcoins Aluna. Published 1 month ago on November 20, By Paul Wilson. Published 2 months ago on November 5, Published 3 months ago on September 16, Cryptocurrency Markets by TradingView. Latest Trending.

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Getting Involved in Altcoin Pumping and Dumping?

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Does that apply to cryptocurrency though? Still have to look into RChain. Altcoin Altcoin, the abbreviation for alternative coin, or alternate coin, or all blockchain projects and related currency that exist in addition to Bitcoin. I’m excited for this one. Be very careful when taking advice from tipsters since there are active pump and dump groups on twitter and always remember the motto: Do Your Own Research. Topic: General discussion related to bitcoin. This is a great project with a great dev team and engaged community. CE has been great so far. Been following for a long time and hope these guys have success! I would recommend slack the. Purpose: Discussion related to the Bitcoin price, trading, TA, charts etc.

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