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17024442 No.17024442 [Reply] [Original]

How do artifical pumps benefit the whale if its in the interest for other holders to sell as the price rapidly increases?

>> No.17025165

a room of geniuses and not a single answer

>> No.17025246

>>17025165
I'm still thinking give me time

>> No.17025269

>>17024442
i think they know about psychology well. they pump at the right time and people just fomo in.

>> No.17025356
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17025356

>>17024442
>its in the interest for other holders to sell as the price rapidly increases

Not always. There's this thing called Greed in which people will hold and wait to see if it goes even higher.

Also consider pumps like BSV the other week...seeing a rising price will cause some to FOMO and actually buy in, jumping on the rocketship before it takes off. One anon for example was talking about buying BSV at $400...there's always those people who are still buying at the top thinking it will go even higher. It's just momentum. Look at pic related, the "thrill" section. Hysteria and mania takes over, and overrides common sense. The whale doing this is probably trying to "kickstart" the whole process, like a multiplier effect.

Also, a pump doesn't universally mean people will sell because it depends on what price they originally bought. Consider that some people may have bought BTC at 10k, and all these pumps below that number they don't even care about because it's still below their original cost.

>> No.17025428

>>17024442
Idiots who aren't aware of realistic timelines think the pump is real and that it's the bull run. They buy and hold and don't keep track of when it starts falling. You'd be surprised how many people this describes

>> No.17025471

>>17024442
pump price by buying the entire orderbook, sell small amounts as it moves upwards, dump a huge quantity once sufficient demand materializes, then if the asset is actually worth investing in buy back at leisure a few days/weeks/months later when your artificial pump fails to maintain itself

>> No.17025819

Whale here - purely artificial manipulation will cost you, but if you wait for certain moments, charting patterns like a wedge will arise. If you time it right you can buy or sell at these moments and often a cascading effect will occur. Then you need to find the volume to regain your position after.