Is it possible to do a pump-n-dump scam on a single person? Or something similar?
Navigation X

[Big Banner Ad Space Available]
[Big Banner Ad Space Available]

Is it possible to do a pump-n-dump scam on a single person? Or something similar?

posted by 4nya and Last Post: 1 month ago


Is it possible to do a pump-n-dump scam on a single person? Or something similar?  304
4nya Junior Member
8
Posts
1
Threads
Junior Member
#1
would it be possible for me to make some sort of dirt cheap shitcoin, convince 1 to 3 people to buy into it, then dump for a profit? Or something like that. sorry I'm a retard  [Image: urnoob.gif]
Reply
DankSouls Junior Member
4
Posts
0
Threads
Junior Member
#2
>im a retard
No shit OP your a [×censored_word]ing dumbass a pump and dump scam only works when you have enough of a coin to be able to inflate the price and then sell your ownership, if only two people have ownership of the entire crypto both of you will own 50/50 or however many people you do it with, so you have to buy in on your own coin and then just convince someone to buy it for more than you bought it for, then have to either sell them your stock for more than what you bought it for, which isnt even really a pump and dump, or you would have to wait til he wants to sell his stock to you at a loss, in which you would then maybe sell it to someone else for the market value.
Your really stupid tbh
Reply
4nya Junior Member
8
Posts
1
Threads
Junior Member
#3
(1 month ago)DankSouls Wrote: >im a retard
No shit OP your a [×censored_word]ing dumbass a pump and dump scam only works when you have enough of a coin to be able to inflate the price and then sell your ownership, if only two people have ownership of the entire crypto both of you will own 50/50 or however many people you do it with, so you have to buy in on your own coin and then just convince someone to buy it for more than you bought it for, then have to either sell them your stock for more than what you bought it for, which isnt even really a pump and dump, or you would have to wait til he wants to sell his stock to you at a loss, in which you would then maybe sell it to someone else for the market value.
Your really stupid tbh

* you're

Reply


Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
or
Sign in
Already have an account? Sign in here.


Users browsing this thread: 1 Guest(s)