Pump dump bitcoin miner
Williams Corporation Limited, a company purportedly based out of Hong Kong. Wu’s corporate pump dump bitcoin miner states he’s an American citizen originally from Taiwan. He holds a real estate license in the state of California and has experience building pump dump bitcoin value selling million dollar homes in Palo Alto, California. He also has experience working in California hospitals as an Emergency Room Technician.
When he returned to Taiwan from the US in 2008, he helped coach Taiwan’s Olympic swim team. He has owned restaurants in Las Vegas, Nevada, Los Angeles, California and, most recently, in Taipei, Taiwan. Wu speaks five languages fluently and he has been engaged in network marketing for over 30 years, primarily in Taiwan and in China. Receive all Bitcoinist news in Telegram! Is Bitcoin a Giant Pump and Dump? After an evening of perusing the internets a post on reddit stuck out to me.
The writer, mitchr4, goes on to explain that he is or has been an alt-coin trader for a while and has seen certain pump-and-dump patters emerge in the alt-coin industry. 4 goes on draw parallels between the recent price spikes and downturns in the bitcoin market and the pump-and-dump nature of altcoins. Big investors are playing off hype, taking the price up. When we hit 450 the trading was at a volume that was too high. Everyone sees the volume, thinks it’s a great sign, buys, and the manipulator can escape with a profit. In reality the volume is a small group buying and selling to themselves through a bot. They do raise the price quickly, but the frenzy of their volume causes everyday joes to buy, and gives them an escape to dump their coins at double the price.