- OPERATION APRIL FOOLSCOIN
- Targets: MtGox, BTCE, Bitcoin24, Bitstamp
- Mission statement:
- The recent sell-off was only partially successful for several reasons:
- - Fresh blood looking to buy
- - Overly bullish market
- - Only one exchange targeted
- April 1st occurs at the end of a bank holiday, fiat will be running low on the exchanges and it is the perfect time for a secondary strike. A triple bluff will be used to trick the market into collapse.
- - Stage 1: Slowly buy BTC, use accounts to spread bullish propaganda on all major channels; bitcointalk, reddit, twitter, etc.
- - Stage 2: Dump 10k on Gox, and 1K on all other exchanges.
- - Stage 3: Put buy orders in below the final sale price to profit from the panic sellers.
- - Stage 4: When price rebounds to within 5% of the original price dump all remaining coins.
- - Stage 5: DDoS all exchanges and spread negative propaganda on forums.
- - Stage 6: Send the pre-made press releases to selected news outlets.
- We got it this time.
- Meet on IRC at the designated time and be prepared for a late night.
Operation April Foolscoin
a guest Mar 29th, 2013 17,615 Never
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