Is there a /biz crypto pump group? If not why not create one. We find low volume shitcoins then pump until we get outside attention. Then we all pull out. Sounds like a great idea to me. What are your thoughts?
great, original idea that has never been suggested before
Someone on biz will ruin the fun because it's illegal and they are a nocoiner
Great! Perfect idea, we'll all be rich!
>>1610456
How is it illegal? Cryptos are completely unregulated.
Why are you all be sarcastic? I'm just asking if one exists. Surely we could generate enough volume here on biz to pump some shitcoin up.
>>1610462
Use Google to read all the fraud cases in cryptocoins. Fraud is fraud whether its with cryptocoins or bottle caps. Its all about the monetary value.
>>1610462
>How is pump and dump illegal?
>>1610469
This.
>On August 6, 2013, Magistrate Judge Amos Mazzant of the Eastern District of Texas federal court ruled that because cryptocurrency (expressly bitcoin) can be used as money (it can be used to purchase goods and services, pay for individual living expenses, and exchanged for conventional currencies), it is a currency or form of money. This ruling allowed for the SEC to have jurisdiction over cases of securities fraud involving cryptocurrency.
You're getting into a prisoners dilema type situation with a vunch of degenerates from 4chan? Yeah go on right ahead OP.
>>1610488
This. It is illegal and you'll get fucked.
pump and dump only fails if you get prosecuted by the sec or something
Buy waves