Fidelity deposited another 11,250 $ETH($36.9M) into #Coinbase via #Cumberland 20 minutes ago.
#Fidelity has deposited 31,249 $ETH($103.55M) into #Coinbase via #Cumberland in the past 24 hours.
https://t.co/28mj1IiyK9
Them: congrats! you made a lot of money on bitcoin, right?
Me: No, not exactly. I still have the same number of bitcoins. It's just that everything else became a little cheaper, relative to bitcoin.
If you wait too long, the coffee gets cold, the door closes, you get old, the girls move on, & dreams fade. You must act w/ a sense of urgency today
How to Identify Pump-and-Dump Schemes
Recognizing the signs of a pump-and-dump scheme can save you from significant financial losses. Here are some red flags to watch for:
1. Unusually High Trading Volume
One of the first indicators of a potential pump-and-dump scheme is a sudden spike in trading volume without any corresponding news or developments to justify the increased interest. If a stock or cryptocurrency suddenly sees a large influx of buyers, it may be a sign that it is being manipulated.
2. Exaggerated Promotions
Be wary of assets being promoted with overly optimistic claims that seem too good to be true. Statements like “this stock is guaranteed to double in a week” or “this cryptocurrency is the next Bitcoin” should raise immediate red flags. Genuine investment opportunities are rarely promoted with such fervor.
3. Lack of Fundamental Information
Legitimate investments are usually supported by solid financials, business models, and credible management teams. If you cannot find credible information about the asset or the company behind it, this is a strong indicator that it may be part of a pump-and-dump scheme.
4. Suspicious Social Media Activity
Fraudsters often use social media to spread misinformation and generate hype. If you see a sudden influx of posts, tweets, or comments promoting an asset, particularly from accounts that have little history or credibility, this could be part of a coordinated pump-and-dump effort.
5. Price Movements Not Supported by News. If the price of an asset is rising rapidly without any corresponding news, earnings reports, or other tangible reasons, it could be due to artificial inflation by manipulators. Legitimate price increases are typically driven by positive developments, not rumors or speculative hype.
6. Lack of Transparency
Legitimate companies are usually transparent about their operations, financial health, and future prospects. If an investment opportunity is shrouded in secrecy or if the company has a history of non-disclosure, it could be a sign of fraudulent activity.
Bitcoin was created by a joint CIA & NSA cryptography specialist group known as codename Satoshi to destabilize emerging BRICS currencies & give the US a shot of paying off its national debt by devaluing USD relative to BTC