Tin.Foil

"The Big Pump Signal" - Market Manipulation by Pump and Dump

BINANCE:GVTBTC   Genesis Vision / Bitcoin
"The Big Pump Signal" is a Telegram group of traders who have decided to pump and dump various coins every few days. They have approximately 50,000 followers who may contribute to the pump and dump announcements.

Example of their announcement:
Dear members,
For today we have a different setup. Not a ussual pump. We are spreading news again, just like the OAX pump, one of our most succesful pumps.
This time you have the ability to earn a prize if you retweet and react on the tweet. Just like yesterday's give away, we will be giving away 2x 200$ sponsored by Althansia (one of our Discord members) . To win: Retweet, like and react on the news tweets and upvote the reddit post. We share these news posts, so we can get outsiders in the pump to optimize the profit of our members. Right after the pump, we will announce two winners.
Also, after the pump the invites on Discord will be turned off for a small while. We are upgrading and improving the current system and implementing some anti-spam features.
Let's make this a pump we will never forget!
The Pump team

See update below for a zoomed in version on the 1 minute scale to show how quickly this pump and dump happens.
Komen: zoomed in 1m chart
Komen: To be clear: I'm not manipulating the market and I'm not part of this scam. I'm only monitoring these guys. I have not been involved in their manipulation. I just happened to see the announcement about 15 minutes before it happened, so I jumped on TV to monitor it and show people that markets are being manipulated out there and to beware of such manipulation.

People need to understand that market manipulation is real. Whales and whale groups can pump and dump and the bigger they are, the more they can affect the markets over a longer period of time and thus not be noticed.
Komen: China manipulating the market now..

Please see this.. it is just as accurate today as it was in 2013.
https://imgur.com/a/KDwtE
This message is brought to you by Telegrams, "The Big Pump Signal". Because you're not here to make a lot of money off manipulated markets... Don't look them up.
Balas
Haha, nice cartoon. Hadn't seen that one but it captures FUD nicely. Good to have a bit of laugh to take the edge off a bit of tense time on the markets. Thanks :-)
Balas
Why complain about em? Hell I ride em...I'm not in this to make friends, I'm in it to make money.
+1 Balas
It bothers me a lot because they are ruining the chart zooming !!!!!, anyhow , don't join this pump and dump groups because you are the buyer , not the seller. The secret group both a few days before.
Balas
Finally some truth. Everyone be careful. Over 50% of all altcoins are pumped just like this. All it takes is $100,000. Maybe even less. Anybody can form their own secret cartel of 20 friends and pump just like this. In fact, that's what the banks are!!!
+3 Balas
Would Tron, Janus and PACcoin be some of them?
Balas
pedro17 acarracino
@acarracino, Search the name "big pump signal" on google or reddit..lots of info..now 160k members..yikes
Balas
There is a well known Pro in here that pumps and dumps coin all the time. Although PnD is kind of a scum I am used to it and I stay away from these coins...but what if you join a pump group in time...?
Balas
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