It definitely feels like it was artificial. As much as people hate them, I'd love to be on the good side of a pump and dump maybe once in my life. 😃
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It definitely feels like it was artificial. As much as people hate them, I'd love to be on the good side of a pump and dump maybe once in my life. 😃
They purposely got the worst buy price possible. It’s 100% coordinated actors that brought the volume up into a billion in 24 hours and hundreds of millions the weeks prior. They buy all at once and rake out the whole sell walk thus making sure they pay say more than anyone who is buying to stack. They are longing it on exchanges and than shorting it after. We can see binance and other exchanges added Hive to there trading instruments weeks back when this started. It’s 100% coordinated and manipulated due to our small market cap. That said it’s great as it’s brought up price! But anyone saying it’s people stacking are 99% wrong as we can see the volume and demand for hive on these exchanges meaning it’s being shorted heavily and longed heavily. Obviously by whoever is pumping it than dumping it.
It takes a group with enough capital to get it rolling, and communication with each other to slowly take profits along the way without stopping the pump. I would love to be on the inside too at least once! I just haven't every met one of these groups, and I have looked over the years!
Ah, those are some good points. I didn't realize it was as complicated as it is I guess.
If you look at the chart this person had close to one hundred preplanned sell points and amounts. It had to be preplanned!