So here’s what I know

A long time ago, when Bitcoin was new, the people who bought it were mostly early believers, tech geeks, and some people using it for grey-market stuff (like Silk Road or PTSD veterans buying meds online).

Fast forward to now — those early buyers made a LOT of money. Some of them formed private groups on Telegram/Discord where they coordinate trades to push prices around.

Here’s how it works: • Group 1 buys first. Imagine 10 people putting in $10k each. • Group 2 buys next, then Group 3, and so on. • This coordinated buying creates a wave of demand that pushes the price up (“green candles” on the chart). • Once the price is high enough, Group 1 sells first, then they tell Group 2 to sell, then Group 3, etc. • By the end, the last groups often get left holding the bag while the early ones cash out with profit.

This kind of market coordination is not technically illegal in crypto right now (unlike stock market manipulation, which is regulated). It’s basically a “pump and dump” — but because crypto is mostly unregulated, it’s a free-for-all.

It’s not everyone, but know who you are stepping into the ring with