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RE: BitConnect is Going to Be The Biggest Pump and Dump In Crypto History

in #cryptocurrency7 years ago

Certainly something fishy going on. The whole set up intrigues me so I have been digging around on it for weeks. I also thought it was a pump and dump scheme but I am starting to lean toward pump and hold. If you get the chance would love you to check out my article and opinion on the trading bot.

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Hmm, a pump and hold you say? Ok, i'll check out your article.

Yeah I was trying to work out a possible implosion date and it occurred to me that a system so sophisticated isn't really necessary for a pump and dump. They could all just jump together in a private forum and manipulate the markets. Plus had they not started this program they would probably have been allowed to list the coin on some reputable exchanges where it might actually see some actual market volume instead of "fake" market volume. So maybe the end goal is to somehow make the coin legit. Cheers for having a read bro!