According to various sources this RocketPool ICO is a scam. This site : http://thehackingteam.com/rocketpool-ico/ Is reporting that " After a careful evaluation it looks like ROCKET POOL , has no clear business plans. And while investors might hope that the ROCKET POOL tokens appreciate in value, as those in the bitcoin and Ethereum networks have done, that may not ever happen . The SEC is on the lookout for pump-and-dump schemes , and we will pass them a report about ROCKET POOL ICO ." "Pump and dump” scams involve people artificially boosting the price of an asset before offloading it to unsuspecting investors at the higher price. Scammers first organise coordinated buying of a particular coin on a set exchange at a set time. The wave of demand pushes up the price. The "pumpers” then use social media, online discussion forums, and message boards to attract new buyers. They generally argue that the price spike is evidence of a sustained rally. The pumpers then offload their coins to the new buyers who come into the market at a higher price. In most cases, this coordinated "dump” depresses the price of the coins back to their pre-pump levels. It’s unclear how frequently those involved in the pump-and-dump schemes profit from them, as there is no way to guarantee that any given pump will attract enough new buyers into the market.
Rocket Pool Reviews
According to various sources this RocketPool ICO is a scam. This site : http://thehackingteam.com/rocketpool-ico/ Is reporting that " After a careful evaluation it looks like ROCKET POOL , has no clear business plans. And while investors might hope that the ROCKET POOL tokens appreciate in value, as those in the bitcoin and Ethereum networks have done, that may not ever happen . The SEC is on the lookout for pump-and-dump schemes , and we will pass them a report about ROCKET POOL ICO ." "Pump and dump” scams involve people artificially boosting the price of an asset before offloading it to unsuspecting investors at the higher price. Scammers first organise coordinated buying of a particular coin on a set exchange at a set time. The wave of demand pushes up the price. The "pumpers” then use social media, online discussion forums, and message boards to attract new buyers. They generally argue that the price spike is evidence of a sustained rally. The pumpers then offload their coins to the new buyers who come into the market at a higher price. In most cases, this coordinated "dump” depresses the price of the coins back to their pre-pump levels. It’s unclear how frequently those involved in the pump-and-dump schemes profit from them, as there is no way to guarantee that any given pump will attract enough new buyers into the market.