I love whales. Like the whale we saw yesterday drop a couple hundred million $$ in ETH. It was an impressive whale. For you new guys, whales are healthy for the economy. What happened yesterday spread out the wealth and leveled out Ethereum so it wasn't looking so volatile. Which will get more investors in. Whale's are people with HUGE amounts coins and can directly show an effect on economy. Now pump/dump groups, they are not healthy nor natural. SO here is an obvious way to spot them.
This is FLDC it is getting pumped...You can see the direct buy in happen. Very unatural. If big news pops, the candlesticks are a more level sharp climb. Also be aware of the volume. Then finally "FLDC" "folding coin" spam in trollbox,. This all happened at 15:00 gmt.
The reason I don't agree with this practice is the fact in hurts people and screws people out of money. Some may argue it helps promote a coin up. Well from what I've seen it that may be true for one coin. I don't don't condone anything that is making people lose money. The Markets are all on steady rise. There's no reason to get greedy and even lose some yourself. We shouldn't be chasing people out, we want to encourage people to come on board.
Here is a pic of the Pump/Dump groups leader annoucment to do it. The group consisted of 1000 people roughly. The coin failed miserably at the end and people lost money.
