Pump and dump

use your common sense retard

You could make that justification for credit card fraud or really anything illegal

It's a description of a cycle of investment.
You invest in something low-priced, but with a good volume of it. For example, you buy a bunch of memecoins.
THEN you pump it. Your initial investment drives the price up somewhat, but then you encourage more people to buy, increasing demand and reducing supply, and making the price rise. You tell people they NEED memecoin in their life. That it's the best way to make money ever. You shill it, you spam it, you push it hard. That's pumping it. The more people buy in, the higher it goes.

Then, at some point, you decide that enough is enough. You dump it; you sell your now-inflated stock at a big profit. The price drops right afterwards because you had a lot of it, but you don't care. You're out. You've sold. Then people panic-sell, thinking that the end is night. And it is, because they're panic-selling and driving the price down by forcing supplies up.

Then once it's down, the cycle begins anew.

It's not really a scam, it's just fooling people into thinking you're onto a huge secret other than 'I'm going to make money off your gullibility'.

>You shill it, you spam it, you push it hard.
yeah i seen the threads