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RE: Wait! I've been here a year!? Looking back on one year of Steemit

in #writing • 7 years ago

Thanks for sharing I am new to Steemit and I am still figuring out this stuff. Can you explain what you mean by pump and dump? I am still trying to figure out how to get paid or transfer to bitcoin as well. Any easy links or advice?

7 years ago in #writing by
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     7 years ago 

    And here is a simple guide I wrote a year ago to go paid from Steem Dollars to Bitcoin to US dollars using Blocktrades and Coinbase.

    https://steemit.com/steem/@mctiller/step-by-step-guide-sending-steem-dollars-to-bitcoin-to-ususd-via-blocktrades-and-coinbase

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     7 years ago 

    Pump and dump really just refers to the price going up and then coming back down, which seems to happen in the early days of a new coin.

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