Just a quick update on the process we are looking at using for the pump.
We are thinking that we will follow the same principles that are used by Pump It! This group operates on Poloniex and uses a dodgecoin blocks hash that occurs at or closest after to the selected time of the pump to select the coin with the last digit determining the coin. This ensures that not even the admins will know the final coin to be selected.
Coins which have the possibility to be selected will be posted 6 hours prior with 8 different candidates being selected, however the final coin will be determined as stated above by the hash’s last digit.
Once the pump time has been reached the group will be notified of the coin that has been selected via the block hash that occurs on or closest after to the selected time. This will be posted to the group along with Hash and timestamp.
Eg: 1100 AEST 24-June 2017 pump would result in the coin BITB being selected.
why not just pump MYR as it's the most pumpable of all those coins
Julian Wilson
is this the same pump group as the telegram one?
Julian Wood
To anyone reading this thread
Use your brain for a second. Why would PnDers go out of their fucking way to invite you to the table? Why would PnDers try to make things 'fair' with 'only selecting the coin via random blockchain transactions'?
1. They're using you to buy into the coins so they can dump harder 2. They already have accumulated each of the 'candidate coins' and are trying to dump at the highest price possible
DO NOT PARTICIPATE IN THIS SHIT, YOU WILL LOSE MONEY
Carter Lopez
Yes this is a telegram pump group. Has only just been established though.
Ethan Jones
I'm that wagie on the east coast that commented like 14 hrs ago. I want to join, but my gut is telling me I will lose my hard earned shekels. Convince me otherwise
I think he was asking if the above group and your group were the same.
William Johnson
Thank you for the reply and everyone is free to have an opinion.
As stated if you feel all that is going to happen is you will be scammed please do not join.
Any constructive criticism is also appreciated so we can ensure that everyone has a chance at making a profit.
Yes there will be times some people will miss out, that is what happens in activities like this, however this also happens in normal day to day crypto trading.
If you dont have the resources to take the gamble win or lose DONT DO IT.
Jackson Powell
Increase it to 16 coins, 8 could make practical sense on polo because of fewer listed coins, but it's easier for admins to game (buy all the options)
Jack Murphy
No we are not associated with that group.
t.me/BittrexPumpGroup
Is our link.
Ryan Martin
I'll just watch a couple and see what happens. Gamble $10 bucks after a few and if it works, up it up. Still, don't see why the need for cryptic hashes and shit. Just say which one is going to be PnDed.
Justin Watson
Happy to do that.
Any recommendations on selecting the coins that are chosen. Obviously come coins if using random selection of all 213 are not viable for everyone to participate. Also if same coin is selected in list multiple times people may think that it is done so assist us in profits.
Camden Robinson
If we do that people will think we are scamming them by selecting a coin that would benefit us.
Jason Jenkins
lower volume & flat-ish trading
both would reduce the noise of organic trading from masking the pump signal
Christian Jones
and of course exclude all coins that have recently been PnD
Aiden Bennett
Veeky Forums has memed me enough into buying shitcoins, so this probably is a scam.
But honest question: how would the scam work if they don't know which coin they're going to pump with the hash method?
Isaac Ortiz
Thanks for the replies appreciate the ideas and feedback. Once the community has become a little larger we will look at using these in relation to coin selection.
Aiden Cook
bc if they choose it ahead of time the pumpers can buy in before the pump and then you really will get the full pajeet