Charles tweet on pump and dumps

English General Discussions
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Thanks for the link, great paper.
Would encourage all to read it. :+1:

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What’s the TLDR; version?

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tldr;

People use Telegram to organize mass pump and dump rounds in order to get a quick return on cryptocurrency trading. There are telltale signs of such upcoming pump rounds, such that a trading algorithm that takes these signs into account could be shown to produce an 80% gain or higher over a 3 week period.

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Very interesting indeed!