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The price of Mysterium (decentralized VPN project token) started increasing yesterday along with the trading volume, reaching almost +50% at the peak. It might have been just a simple pump, but I'm not quite sure about that.
First of all, the price increase and trading volumes were not that high, I would expect much more from a pump. But most importantly, everybody who is familiar with the project knows that the developers are publishing news on their progress at the end of every month. Why would someone pump a coin a bit more than a week before the development news are expected? The best time to pump would be just after the news, right?

My speculation is that it might be a pre-pump, i.e. whales filling their pockets before the actual pump, which might be planned for the end of the month when the news are expected to be published. What do you think?
I'm asking because if it is a pre-pump as I think, it might be a good time to buy now and wait for the pump.

The MYST/BTC Bittrex chart: https://bittrex.com/Market/Index?MarketName=BTC-MYST

It is interesting consideration. When I study the chart and compare it with the news from dev. team, it looks like you wrote. There was price and activity jump everytime after news. It seems to me that something will happen,...and I hope it will be something huge ;D

Your deduction may be right. At the end of August there was resistance on 0.0004, this time Mysterium breaks I suppose.

Your analysis seems pretty good to me. I dont think the volume is nearly high enough to make this a true pump. If you think its going up, it will surely go up much farther than this.

no pump going on right now, this token price is actually pretty low right now for what it was at one point, this coin was over $2 at one point, devs were quite for a while price dropped, than they came back price recovered a bit now its back down, hard to tell where this coin is headed.

Sold all my myst few weeks ago, was hoping for a drop to rebuy in as no one seems to care about this project, damn

No fear, is still not too late to buy again ;) I think that we are waiting for the 0.0004 limit test and after a probable go true 0.0006 and later then 0.001. Look at the situation. Interest in Myst is steadily growing and this means that the development is not unrealistic ;)

Dont miss the chance again.

After my chart analyst I have to say, your numbers are right man. These are the points of interest. But if the people are really interest this borders will be only points that trend will left behind:) Volume goes UP, people are interest of MYST and chart look like volcano that try accumulate energy for the explosion. I like these signs,...a like it very much ;)

With this volume it is just a pre pump or rather accumulation mode. This still has time. I believe it will easily go to 60k satoshi as soon as the whole alt market goes back on its feet.

I have analysed the Mysterium chart too yesterday and I have to say that level 0.0004 is absolutely reasonable.
In my opinion, we get higher level than 0.0004. I'm sure the Mysterium price will reach min. to 0.0006 level and higher. Level 0.001 can seem like a little overstatement but I think it is real. Many investors started to care about Myst and the Myst price will confirm it to us.

The potential of this project definetly deserves a price above 50k satoshi. Considering there a lot of bubble projects with nothing yet to offer, Myst has no difference. Team seems to be increasing their work with new additions. By the end of the year something above 100k is very much possible.

i wouldn't sell even one coin before $10, for i have sold half at a very low price, the left are for long term investment, and i will rebuy if the price dump to one point

If mysterium 3x ico price it is still pre-pump. The real pump usually reach 30-50x from ICO price againts dollar..after pre-pum ussually the price will goes down to near ico price and then eventually pumped hard. And the pump usually takes 3 days before finish and getting dump to near ico price again

After checking the Bittrex chart it really looks like an accumulation period. And with pretty big accumulation :) I thus wouldn't be surprised if there was a relatively big pump in the following days. If that's the case, I would expect a peak in the range between 0.0006 and 0.001 BTC considering the resistance levels.

Hmm it's an interesting opinion. If you're right, the price after big pump will be 150-250 times higher than now. that's an attractive prospect!

I don't think it will go x50, that's way too much when you take into account the market cap. But x10 from current price after big pump is realistic IMHO.

x10 is very realistic number and I wouldn't be surprised when the price touch it in very short time.

Growt slightly slowed down.  It is obvious that people still hesitate, but for us, what is clear about this is at least an opportunity for an additional investment;). Dont be care the price will rice up more then before and will keep this direction  ;)

I don't know if its pre-pump or consolidation, but it looks like its preparing for something big to come. People are still not finding it a good investment, but for me this is a good buying point before the actual pump that could happen anytime soon.


This is what I'm saying. Get the coins while still not in the radar of most investor and even with a Pump and Dump group. It will in due time, but if you have the chance to get it first will the coin is cheap and just go with the flow in the coming weeks, it will surely give you a good profit in the end.

There's actually a new article about Mysterium on TheBitcoinNews and according to the discussion there it seems to be attracting a lot of attention.
https://thebitcoinnews.com/myst-would-you-like-to-earn-by-using-a-vpn-connection-then-there-is-one-solution/

It will probably not stay out of the radar of investors for long. I hope at least a few whales will jump in :)

LOL, and another one, today is the Myst-in-the-news day :)
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/

And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.

When you think it's more than enough, you get even more... here's yet another one that I found: https://cryptoinsider.com/decentralized-network-mysterium-provides-users-additional-revenue/
The rising price is not surprising with a lot of news like this. We'll see where it jumps when the devs publish their monthly progress news.

According to increasing volume big money would be come into the market

Nearly there. Are you thinking about an additional buy?

I would buy more now, but I have everything stuck in other coins. Maybe I'll sell some of them to buy more Myst before the dev news are out though.

You should, there is a high chance you'll make a big profit if you buy before the end of the month. It's regular like a clok. The dev team publishesnews on their progress every month and every month the price spikes. Easy as that :)

Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train? :)

It is a lot of MYSTs:D supplies for anybody? ;)

Looks like it. And if this really is a whale accumulation of cheap coins as I think, we should se a pretty nice spike of the price in the following days.

Dolphins maybe. When you meet a whale, you won't need to ask like that ;)

Thank you for all your replies guys.


Well, it depends. It's called pre-pump or accumulation period, because you (the whale) want to get the coins at cheapest possible price. You don't want to spike the price quite yet. And that's what I think we are seeing right now.

I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.

That's the pure true and the great opportunity for developers. If they could be able to test their project in this countries, it will be for the next investors great impulse to jump in. I hope the devs are reading these comments. But maybe they already have this idea in their heads and maybe we will find it in the next news.

You're totally right, a real world test still has to be done to prove its viability. However, for anybody who's considering investing in the project it's quite clear that after such test, if succesfull, the price will be at least one order higher. It's the same risk-profit balance as anywhere else.

Yes, but that is a long term problem. I was wondering about the current price and the possible evolution in the next few days.

So, as was mentioned before, the short-term situation is pretty obvious. Devs should publish development news in less than a week, which should make the price go up :)

An the news are finaly here ;D
https://medium.com/mysterium-network/team-mysterium-september-updates-346cab8e9e57 (https://medium.com/mysterium-network/team-mysterium-september-updates-346cab8e9e57)

So let's see how the market will react to this. As they say in the news: "Our aim is to have the initial Prototype with the first nodes available by January.".
That would be great as we would be already able to test the decentralized VPN functionality :)

It seems that the market makes have decided to keep the price low for a bit longer. But I don't really believe it can get much lower, so I think it will bounce from the bottom at around current levels.

You are probably right, Myst is deeply undervalued now, but some good news from developers would also help. But with the new developer they hired the progress will be much faster and I'm sure we will see some good news from them very soon.

This time it could breaks. Many points to what you wrote so we will see what time will bring for this, but actually this time and way how it goes can be significant when it comes to buying.

Now it is looks like more like descent of the submarine :) We will see after roadmap....

Myst is not a reliable project, the dev team went to vacation after ICO ended, they should focus on developing instead of travelling. Myst need Chinese as users to become bigger in the industry.