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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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2084090 No.2084090 [Reply] [Original]

Let's talk about pepepumps

I don't participate but I watch the chat and the coins they pump.

Time after time I see new people come in and ask "Hey this was great...what was the pump though? I bought, it went up, then went back down?" The reason for this is simple: a small group of people is pumping the coin, you are buying it, then they sell and you hold the bags.

The larger group finds out later. The pumpers serve the small group. They always tell you to keep holding and say it's always higher the next day...well go look at the history on the coins they've pumped if you follow the group and have felt this frustration.

Don't fall for it. There's no entrance fee because you are paying them anyway. If you are feeling this kind of frustration, it's because you are in the out group, and the pump is decided and bought well ahead of the announcement.

I don't want to see anymore new people get deceived.

>> No.2085070

Bumping to help people avoid this scam

>> No.2085092
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2085092

Lmao, their just real life merch clans from RS that
get you to buy shit, and then tell you to sell when
its already been falling.
What a scam. If you fell for it in RS, shame on you.
Happens again, well...