/biz/ - Business & Finance

This pump and dump group was established early in the crypto days and is still fully operating now. Their main goal is to identify low market cap cryptocurrencies that they’re able to shill on social media with the goal of driving up the price at a fast pace after accumulating the bottom theirselves. How do they do that?

1) They identify low liquidity cryptocurrencies with criterias for shilling potential and use bots to accumulate at the lowest possible price. The low liquidity is necessary for exponential pumps.
2) Create numerous copy-pastas and image files that they will use relentlessy to spam for months
3) They figure out the roadmap for the next months to try to identify possible announcements (signal to go all in with the spam). The fundamental value of the announcements are typically blown out of proportion to seem like huge deals, even though most of the times they’re not. For that, they will create extra 20-30 accounts to seem like it’s organic excitement by early adopters.
4) When coordinated spam efforts start to gain heights, they will go on TG and discord groups begging people to keep holding and market buying. If they realize there are no more announcements in the horizon, they will start planning the dump. For that, they’ll go to TG and discord groups telling people to keep holding, even though the price is dropping fast. A typical way to do that is telling things like „weak hands are getting shaken out“, „sellers deserve to stay poor“ etc.

Currently they are actively working on: RSR, COTI, OCEAN, LCX

Most well known satsGang members and their alt accounts are: Bitcoin Brown, Lucky, Headroom, _RN03xx_, Denny Da Rocket, papousse 47, Moonshot Josh, Steven Toast, Le Chiffre Rambo, Bazerka, FauxPho, Adouble212, Johny Zcash, Rufys, Tyler Durden, vito, Braggo, Jonny Reid, Bread Bongo, Johnny etc., but there are hundreds more.

Nowadays they hang out in public TG groups like
t.me/SPECTREGRP_CHAT
t.me/bag_hunters

>>19458719
I refuse to get involved with this coin cuz unbased virgins keep trying to force fat chicks as some sex symbol for this coin and I refuse to have anything to do with coins that have virgin boys promoting fat ugly unattractive blobs of failure and keep going SEXY RSR GIRLS ARE THICK and other mentally ill virginal things someone that's never touched a girl would say.
so nope cant suppose this pro-fatty coin cuz blindboys are trying to force fat females as anything other than hidious and gross.
get rid of that plague on your coin and community and ditch the queers and trannies and i'll consider investing in it. but long as virgin boys force fuggo fatties on this coin and queers and not natural born females it's a super hard pass.
and calling me a bunch of meaningless npc words wont change the reality of this coin and why it'll ultimately fail

>>17121929
Unbright must be the next poo coin to add to the poofolio of Satsgang shills.

Every person on biz who deflecting Satsgang exposing is part of them.

>>16917663
Wow this sounds like a great buy!!!

I will fucking stop my investigation into satsgang on behalf of biz if you don't stop asking shitty questions like posting hands etc like you did here!
>>16886991

That's a satsgang tactic to deflect from their massive pump and dump operations on low iq biz ppl, but instead of defending the only one standing up against them and investigating them, you fucking let me stand there alone with no one supporting me! More of that and I will never fucking ever post on satsgang again!

As /biz/ knows, Satsgang is the scummest group of pumpndumpers in the whole crypto space. Here's what they do:

They are a PnD crew and they have very special tactics.

1. Identify low MC shitcoin and use a bot to accumulate dirt cheap and craft a story just smart enough to fool stupid investors such as people who buy based on low effort shilling and groupthink. These investors won't do any DD and have no interest or understanding of basic business fundamentals. For example they pump DAG which lost their entire $33M presale investment being brainlet wannabe businessmen. They must attract people who can be persuaded this doesn’t matter, so only the dumbest investors are targeted.

2. Now with loads of cheap shitcoin in their wallet they figure out the roadmap over the next few months and try to identify announcements they can pump. Often times they are working directly with the executive team as a "marketing partner". They spread misinformation and overstate every piece of news. For example with DAG they pumped the USAF “Partnership” but in reality it was nothing more than a Phase 1 SBIR research grant received by 400+ other companies on the same day.

3. Start pumping the overhyped announcement directly in their telegram channel, Biz, Twitter, and Reddit. Begging people to market buy and HODL because they will be rich. Create 20-30 accounts and manufacture excitement and anticipation, lots of talk about "what if" 1000x EOY, just bought 100k, this is the best tech I've seen, code looks amazing, this solves X, lots of technical talk about nodes, validation, security, etc.