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Isn't creating the appearance of this kind of consensus exactly what would happen at a pump and dump scheme at the height of the pump? First it is hold the line
by babyshake 6y ago
Isn't creating the appearance of this kind of consensus exactly what would happen at a pump and dump scheme at the height of the pump? First it is hold the line. Then it is buy the dip. Then everyone moves onto something else while a few decide that they are now long-term investors, or weren't in it for the money after all.
- ratsmack 6y ago>Isn't creating the appearance of this kind of consensus exactly what would happen at a pump and dump scheme at the height of the pump? This is fully in the open and all information is public. Pump and dump schemes are usually the reverse of this.
- PoignardAzur 6y agoI don't understand. What evidence do you have that "all" information is public? If shady people did manipulate WSB into a frenzy to create a bubble, you'd expect them to create the appearance of a public process, wouldn't you?
- ummonk 6y agoSure. But it’s rather believable from a community that for years had made a hobby of losing money in ingenious ways.