You have not figured out this mechanism?If dedicated pool or thisweekscoin is involved,no matter it is shit or what.It will launch  on bittrex.

Let's put things into perspective guys. So what if the dev wants to ignore us all for a few days and buy some cheap coins. It doesn't mean this is a scam, I'm buying more.

Ok, if that's the case then what's the next step?

And if it was made specifically for big miners then how did it get on 3 exchanges on day 1?

I have never heard of anything like that happening before, EVER.

Especially Cryptsy.  They take their sweet time testing everything.

WHAT?!??

That's the biggest smoking gun if I've ever seen one.  Especially with a new dev and only a 24 hour PoW - such a coin can be a scam so Cryptsy always holds off for a few weeks.

We may have some massive hype coming if these exchanges are in on it.  Whatever "it" may be.  Wish I had more BTC cause this may be a risky bet but it's definitely unusual and I like unusual in a corrupt Wild Crypto West.

I did warn you all. Looks like this shit coin was made by one of the exchange owners i.e Jay (MintPal) or BigVern/BitJohn (Cryptsy) or Busoni (Poloniex piece of shit), and I know full well Bittrex was not behind this. Looks like it's mind-fuck war now with these bastards. You all deserve to lose on this scam shit.

可耻的是你所有

DEV is in the IRC guys. He showed us the whitepaper it's pdf format. He said special announement coming SOON.

Crytpsy already at almost 4k lol there was a 2.9k buy wall pumped it all up to 4k.

NOW IS TIME.

I do think everyone should relax just a small bit. The coin is less than 2 days old. Been on exchanges for less than a day and his almost at number 1 spot for bittrex. Clearly it is doing ok. Relax and continue with your lives. In time the dev will say something. There is no need for panic as everything is working as it should. The only minor problem is the slow start of staking but in a few hours that will leave completely.

What real problems are there?

Are you saying you've been carrying bags for weeks? FRAC is only a month old?

Why don't we just put up random symbols on bittrex from time to time and just trade bitcoin back and forth. We could guess on the next one to pump and we could all watch twitter to see what everyone wants to buy.

when shit coins like maxcoin have triple the market cap of Minerals something is really wrong ............there is decent community .........but bottomline is that devs should be working on Anon tech.........betting and Anon work in tandem.......there so much that can be done here ......the price is an utter joke .....................look at Urocoin nothing but a promise and backed by a commodity............minerals could be the go to name for commodity betting and trading .................nobody will listen to me so i will just shut up now ...........gl to all

We have verified the premine exists and a portion of it was dumped on the exchange.  I'd like to remind everyone, Bittrex is here to facilitate the trading of one coin for another between parties.  We do NOT police the coins that are listed and trading is your own investment.  We as a community need to work together to identify these types of malicious actors sooner.  I apologize for the FUD, but we will not be issuing refunds.

As of now, we have cancelled all orders on the market.  In the interest of free market, we will re-open the market and leave it to the community to decide the value and fate of the coin.  The wallet will remain open for anyone that wishes to withdrawal their coin.

Thanks,
richie@bittrex

Well honestly, Bittrex should seriously consider making right to their customers for this - at the very least for the people who purchased through Bittrex - and STILL had their coins in the exchange.

Refund them out at the value at the time at which the scam was exposed.

There should have only been 1 million coins. The TOTAL supply was 1.5 million after POW - but its only 3/5 of the way complete.

So the fact that they allowed a coin that had a 1.5 million market cap - at which time should have only had 1 million in circulation - to have MORE than 1.5 million in their exchange - I'm sorry I love Bittrex but that is a big oversight on their part.

They are a financial exchange - pure and simple. They should have safe guards in place to prevent these things from happening.

I am also a bit surprised that they don't have some sort of review process when they list a currency. At the very least they take information - how many coins, POW length, Time, Block Size, Total Circulation - and then they do a quick scan of the source file to make sure 1+1 = 2.

If Bittrex is to continue to be a leader in this ever growing, highly competative CryptoWorld, they need to ask themselves what kind of company they plan to be.

If they allow these things to happen someone or group will open an exchange that offers these safe guards, and no doubt they will lose the market share they have worked so hard to obtain.

I think they should ask themselves that question right now.

Strato

This is BS, I don't know if its a simple as this but can somebody have the pre-mined coins destroyed and re-adjust the block chain from there? Probably a total noob question but alot of people have a lot invested in this coin.

Proof?