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Title: Is MEC's rise the fastest in history of cryptocurrencies? Post by: seleme on November 30, 2013, 05:47:00 AM I'm fuming on myself for missing this.
If my brain is OK in 7AM after another sleepless night, MEC's lowest to highest price point difference is +10 000% in last 11 days. 100+ bagger. From 0.000018 on November 19th to 0.002 on November 30th. And with huge volume, 800+ btc today on Cryptsy. Fucking amazing. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: ushuai on November 30, 2013, 06:18:17 AM To the moon, MEC!!!
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Yurizhai on November 30, 2013, 06:41:26 AM It is in fact pretty impressive considering how little it adds :-\
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Useless1d1ot on November 30, 2013, 08:51:22 AM It is in fact pretty impressive considering how little it adds :-\ Scary. Baseless speculation at that point. :-\ Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:54:59 AM Recently my site's been seeing a lot of search traffic for the term "kim dotcom megacoin", and I've received an email or two asking if he's the creator of megacoin.
Talk about sketchy promotion... Stealing the image and name of a successful company to peddle your shitcoin. Not to mention the egregious premine. Pathetic. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: seleme on November 30, 2013, 01:21:47 PM yeah, I've seen people thinking it's Kim Dotcom's coin.
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: ethought on November 30, 2013, 01:24:18 PM Recently my site's been seeing a lot of search traffic for the term "kim dotcom megacoin", and I've received an email or two asking if he's the creator of megacoin. Talk about sketchy promotion... Stealing the image and name of a successful company to peddle your shitcoin. Not to mention the egregious premine. Pathetic. Still hurting I see Hazard ::) Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: OGskunk on November 30, 2013, 01:29:01 PM kimoto was a genius to use megacoin as the name because SO many fools think it's related to kim dot com
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GigaCoin on November 30, 2013, 01:32:31 PM it's so obvious that it's kim dotcom's coin, branding, marketing etc seems it had some good money behind it, its called "mega" coin which is kim's empire trademark and of course it's based in newzealand!
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: OGskunk on November 30, 2013, 01:40:31 PM There is no proof that MEC has been premined, and there is no proof that MEC is related to Dotcom. Speculation is not proof. The "premine fact" is merely a non-significant myth spread by Hazard's site. +1 but it was premined with over 1 million coins Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: ethought on November 30, 2013, 01:46:28 PM There is no proof that MEC has been premined, and there is no proof that MEC is related to Dotcom. Speculation is not proof. The "premine fact" is merely a non-significant myth spread by Hazard's site. +1 It was not pre-mined. Plus what was literally the first post after the original Megacoin announcement? Hazard warning everyone it was a wallet stealer ::) No wonder more people didn't jump in early. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 07:47:15 PM There is no proof that MEC has been premined, and there is no proof that MEC is related to Dotcom. Speculation is not proof. The premine is a provable fact. The graphs on my megacoin article use data directly pulled from the blockchain. It proves that a single miner managed to mine 6 million MEC. That, by definition, is a premine. You can not argue against block chain data, do don't even try. You'll only look stupid.The "premine fact" is merely a non-significant myth spread by Hazard's site. MEC has seen explosive price gains, but the coin itself is still trash. The underhanded method of pretending to be Kim Dotcom is pathetic and destroys any long term viability you might have hoped to achieve. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: pand70 on November 30, 2013, 07:50:13 PM People that buy alts purely for speculation are so clueless that they don't even know what premine is.
The worst part is that some of them are gonna win big :P Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 07:50:50 PM There's so much ignorant money flying around right now. It's absurd. People don't even do the slightest bit of research into things before they invest.
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: rumlazy on November 30, 2013, 07:56:19 PM Megacoin was NOT premined. Instamined yeah, there is a difference. Hardly anyone mined it at the start because you have this idiot hazard posting in giant red capital letters WALLET STEALER, DO NOT DOWNLOAD. No matter how many people tell him they mined it, he refuses to believe it. Anyone who listened to hazard in the last few months lost out big time. BIG TIME.
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: wheatrich on November 30, 2013, 07:58:48 PM It doesn't matter whether a coin was premined or not, they don't know or care. We all were really stupid in not creating our own coins and premining the hell out of them before release.
I don't even know what this coin even does or what you can even do with one and I'm in this forum much less the majority of buyers who probably are going to leave them in an online exchange where they'll eventually lose it all after it gets hacked. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 07:59:23 PM Megacoin was NOT premined. Instamined yeah, there is a difference. Hardly anyone mined it at the start because you have this idiot hazard posting in giant red capital letters WALLET STEALER, DO NOT DOWNLOAD. No matter how many people tell him they mined it, he refuses to believe it. Anyone who listened to hazard in the last few months lost out big time. BIG TIME. Yes, I'm sure people who bought QRK and SBC after my articles about them are so upset over their 3000% and 1000% gains, respectively. ::)Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:05:40 PM Primecoin's rise was also meteoric.
Next on the list is likely Datacoin. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:07:29 PM Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart.
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:09:37 PM Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart. Why would it fall apart from that? Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: rumlazy on November 30, 2013, 08:10:33 PM Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart. Hmm, piratebay is still alive and kicking. All kinds of illegal content on it and it's theoretically much easier to shut down than datacoin. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:12:34 PM Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart. Why would it fall apart from that? Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart. Hmm, piratebay is still alive and kicking. All kinds of illegal content on it and it's theoretically much easier to shut down than datacoin. Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:18:18 PM There's a key difference... With datacoin, you have to store all the content on your computer. Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that. True, in countries where that's illegal. That'd be a damn expensive upload though. And can you trace miner IPs that easily? Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:20:27 PM There's a key difference... With datacoin, you have to store all the content on your computer. True, in countries where that's illegal. That'd be a damn expensive upload though. And can you trace miner IPs that easily?Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that. You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:24:57 PM So, most of the civilized world? You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying. Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC. Many miners probably won't even be aware that they're breaking the law. It's basically impossible to enforce and even more impossible to stop. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: rumlazy on November 30, 2013, 08:25:53 PM Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC. Many miners probably won't even be aware that they're breaking the law. It's basically impossible to enforce. Exactly. Look how well they're doing on shutting down online piracy. It's bigger then ever. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:29:06 PM So, most of the civilized world? You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying. Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC. Many miners probably won't even be aware that they're breaking the law. It's basically impossible to enforce and even more impossible to stop. Especially if datacoin gains ground, and the government wants to shut it down. You think anyone would run this client if people were going to jail over it? Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:31:26 PM No.
Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: jubalix on November 30, 2013, 08:32:36 PM actually no
if you were watching TerraCoin did, 3000% , 30x in about 4 days. it went from 0.00005 to 0.0015 Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:35:00 PM actually no Terracoin has even less of a future than megacoin :Dif you were watching TerraCoin did, 3000% , 30x in about 4 days. it went from 0.00005 to 0.0015 Gotta love the BTC-e pump and dumps... Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:38:52 PM actually no if you were watching TerraCoin did, 3000% , 30x in about 4 days. it went from 0.00005 to 0.0015 You're talking price, we're talking market cap. Two different things. Have you not been paying attention to how insane the UK and US governments are in regards to child porn? They've been locking people up for having grainy thumbnails buried deep within temporary folders that people didn't even know were there. You think they wouldn't be all over this too? It would be easy to brand datacoin as a "decentralized child porn distribution network." They'd have a fucking field day with that. Especially if datacoin gains ground, and the government wants to shut it down. You think anyone would run this client if people were going to jail over it? Yes. ESPECIALLY if people were going to jail over it and it interfered with freedom of information. The internet tends to get up in arms about that sort of thing. Mining would move to servers in countries where it's not illegal. Not to mention the price of a Datacoin would skyrocket in a situation like that. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: Hazard on November 30, 2013, 08:40:16 PM Terracoin has even less of a future than megacoin :D Hazard, still not over your megacoin frustration? it's not that bad to miss out once, life goes on man! And there's still plenty of room to get in, anyhow. Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: jubalix on November 30, 2013, 08:42:59 PM actually no if you were watching TerraCoin did, 3000% , 30x in about 4 days. it went from 0.00005 to 0.0015 um didn't see the words market cap in there, just price rise...anyhow I hold no TRC....nor will I buy any Title: Re: Is MEC's rise the fastest in history of cryptocurrencies? Post by: GameKyuubi on November 30, 2013, 08:44:30 PM um didn't see the words market cap in there, just price rise...anyhow I hold no TRC....nor will I buy any Whoops, mind's playing tricks on me. |