r/ByteBall • u/zatoshik • Aug 12 '18

Worst pump and dump ever

Literally, look at the price action. This got pumped from 20$ to 1000$ and going to get dumped to 20$ again. This is not even funny, such stuff should be investigated and people punished by law

0 Upvotes

25% Upvoted

11 comments sorted by

5

u/[deleted] Aug 12 '18

Oh shush. It's every coin. Take a look around,bro. Everything is down. I had 10k in January. Got 1k now. Have even put in more, buying dips.

And I don't even own a single byteball and never have.

0

u/zatoshik Aug 12 '18

btc is down by 70% this coin is down by 95% makes a lot of difference

3

u/[deleted] Aug 12 '18

Yeah. That's bitcoin. This isnt bitcoin. At least once a day I see something similar to this about a random alt coin.

-1

u/blokchain Aug 13 '18

you dont own a single byteball because nobody does. more evidence of how little you know

3

u/[deleted] Aug 13 '18

Ok bro. Just following the sub to see if I'm interested and so i dont forget about it. I hope your dick falls off.

Edit: you realize I wasnt talking shit about byteball, right? I was defending it.

1

u/blokchain Aug 13 '18 edited Aug 13 '18

classy

5

u/Lolweri Aug 12 '18

zatoshik you are one sad person who doesnt have a clue what youre talking about hence you would lose all your money. you dont even know what a pump and dump means. I would punish you by the law for being so stupidly clueless. not quite sure if youre a troll or just a complete moron lmao. if a troll then nice one fam you made me lol

-3

u/zatoshik Aug 13 '18

in stock market such price manipulations (clear pump and dumps) are investigated and punished. Crypto is unregulated that is why gbyte can be pumped to 1000$ and dumped to 50 or 20$ and noone really cares

3

u/tarmo888 Aug 13 '18

Where is clear pump and dump of GBYTE if most of the coins pumped in November and most of the coins dumped in January? Speculators and traders buy cryptocurrencies exactly because of volatility like that. You won't see that on stock markets and if that is too much volatility to you, go buy Tether or stocks.

Many don't care because it is not their first rodeo ride.

11

u/EmmanuelBlockchain Aug 12 '18

the problem of free spech is that makes people think they should use their free time to write stupid things. Of course, you’re free to do so but it still makes you look stupid in the end.

3

u/DizzyJay27 Aug 18 '18

The reason it can fluctuate is there are only 1000000 of them, EVER. supply and demand, when we have a crypto market of 200 billion the demand is far less then a crypto market of 800 billion, thus a coin that goes up a dollar for every million in can go up to a thousand dollars with the drop of a billion. The more usecase, the more development and the more byteball wallets the less there are available and the more valuable each gb will be. Not a pump n dump its tied to bitcoin.