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So am I about to witness something called a "pump and dump" where someone started buying up Auroracoins to inflate the price, and then will slowly start selling
by milesf 13y ago
So am I about to witness something called a "pump and dump" where someone started buying up Auroracoins to inflate the price, and then will slowly start selling them back?
I really don't understand how markets work, and cryptocoins are probably a terrible place to learn, but it's not costing me anything except some electricity from a spare computer running a GPU card.
- 345723 13y agoYou are about to witness the same exact thing as what just happened in Iceland—a massive ponzi scheme.