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I am on Telegram and none of these channels really have any bearing on pumping a coin. There might be some movement on smaller coins but these channels rarely p
by electic 9y ago
I am on Telegram and none of these channels really have any bearing on pumping a coin. There might be some movement on smaller coins but these channels rarely play a major part.
Typically what happens, is a whale starts buying a particular currency and magically you start to see news articles appear on major and smaller niche crypto blogs. Then the reddit posts start appearing causing a even more hurried frenzy to buy the coin. It is very similar to how traditional stocks are pumped.
On a side note, I am noticing a trend from Forbes, Business Insider, and CBS News that are very hostile to the crypto space. They will literally grasp at any resemblance of shadyness to write a negative article.
- autokad 9y agofeels like a fear and smear campaign to allow the government sweeping authorities and regulations "for everyone's own good" that probably offer little help to the problem the fear and smear campaign was calling out.