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RE: ChainCoin - 'investors' beware

in #bitcoin7 years ago

Traditional pump and dumps don't last 5 seconds like they do in the crypto markets. In the stock exchange pump and dumps can go on for days, or even weeks. This is a hallmark of that kind of pump and dump. And if you care to read my first post you would know that I do know what I'm talking about... I've been daytrading for years.

The premise of "we're not pump and dumping we're just holding" is awful because you're basically saying your group is arbitrarily adding value to this coin based on things other than its own merit...

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12 days later and the price is down to pennies again. A lot of us saw this coming and tried to warn the sheep with dollar signs in their eyes, to no avail. The worst part is that zedomax / highoncoins is still pushing this nonsense. I suppose he might have a few masternodes and would like it to retain some value above whatever he paid for it originally... it's really sad. Even newbies who have lost thousands of dollars are screaming "HODL DONT BUY OR SELL HODL" like lunatics