Yes definitely a pump, I don't know if you're right about the size though.  Those news pumps, those were traps.  The real pump will come without warning.

It's shooting up like a green rocket!



Up 10% in the last 10 minutes

Yep, clearly someone is.  13000 GEO bought in one order 5 minutes ago!

Volume up 10% in the last 5 minutes.  Major sell wall getting evaporated.  Last chance to get in a dirt cheap rates!

Wow, that would be huge. 



This chart looks ripe for a pump.  I think it could spike arount 150k or more, any minute now.

I just bought some more.  It's a steal right now at 35k.

Don't worry, the pump is coming.  Soon.

Lately the GEO team has been ironing out a few wrinkles in the system, and it looks like they're almost ready to go live with them.

Updates:

* New / Better website - Vastly improved Mapbox - Withdraws restored

* Beta release of new GEO app for Android / iOS

* Migration to Ubiq blockchain

* Ability to attach other coins to Geo coins

* Businesses can drop Geocoins and their own private coins within specified stores / venues


After three years of development, it looks like GEO is ready for the big time!  

This coin is going to get pumped in such a major way.  It's consolidated over the last week from earlier activity, and looks like a good time to stock up.

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New Mapbox preview  (now with 3D buildings!):



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Some early Youtube videos of the new app:



https://www.youtube.com/watch?v=bCVXaNvSfw4

https://www.youtube.com/watch?v=MEIgzu_iTL8

https://www.youtube.com/watch?v=pNs6N0EdD8Y

It probably will, whenever Wu or Ver or whoever is propping it up decides to dump another shovel full of BTC on it.

What did you get in at?

It's value is totally false and pumped up, it's not a real coin, more like a pump toy for people trying to screwup bitcoin.

Aug 31 they launch.

When they launch, they're allowed to sell their coins.  Previously, the terms of their ICO prevented them from doing so.

So they want the price as high as they can pump it up when that time comes.

Then they will dump, hard.  Better get out before then.

But at the same time... who knows, maybe it will be huge.  Seems like an already overly crowded market but they have some interesting unique angles.  Seems like they're trying to be the Paypal of BTC/ETH, but with a credit line rolled in too.  Maybe it'll skyrocket.

At this point the MCO I have I got for free so I'm holding it regardless, but I expect it to take a hard dive on the 31st.

MUSIC looks like it's about to explode.  It's already got a healthy mining community, functional product and it's pretty cheap right now at about 1000sat-ish.   Also, it kinda makes sense, to me.  Like a jukebox.  Spend a coin, play the music, except with this, the musician actually gets all of the money.

Mods:  Please move this thread if you think it belongs somewhere else, this was my best guess.

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Hi all,

In the last few days, I've used about 0.05 BTC to get 0.00375 BTC worth of various coins, free (but with some risk).  It's working out so well I thought I'd outline the process and maybe see if more experienced traders have some suggestions / tips for me since I still have much to learn.

So far I've got:

0.55 MCO, 2 ADT, 20 XVG, 8 MUSIC, 50 SC, 6 CFI, 30 XLM, 0.005 DASH, 4 BAT and 1 VIA.  

Most of those in the last 48 hours, 3 of them in the last half hour.  Many aren't worth much at the moment, but who knows what the future holds.

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The method is obvious but here's a detailed description:

Step 1: Find some promising alts.  I look for shitcoins with high volume, high volatility that haven't just recently pumped and are not on the slow death spiral of a dead coin.  

Step 2: Buy those coins.  Either buy one or two at a time with HALF AS MUCH as you can afford to lose if it doesn't work out, and be patient, or buy a bunch all at once and also be patient.  Naturally you get more of the coin at the end if you make a larger investment, but you might be waiting a while for it to increase in value enough to convert it.  Don't spend all your BTC, you may need it.

Use the (on Bittrex) "Studies" -> "Moving Average" -> "Type"="Exponential" tool to draw a line over the candlesticks that shows the rough value of what the coin should be.  If it's way over that line DO NOT BUY.  Good time to sell though.  If it's way under that line it might be a great time to buy, but do not sell (very good time to buy more if you've already bought in, more on that in a sec).

Step 3: Either watch the coin closely or setup automatic sells.  It's unrealistic (in the short term) to try to sell half the coins at twice what you got them for, I've found it's a lot faster to aim for 5-10%.  So if the coin cost 1$, and you bought 20 of them, to end up with one free you setup your sell like:

1$ * 20 = $20 buyin (roughly, add the exchange fees)

$20 / 19 = $1.052 or $1.06 to cover it completely plus fees.

So sell 19 of the 20 at $1.06 and keep the remainder for yourself.  You can raise the sell rate some too if you feel lucky, then you make money AND free coin.  

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If the coin drops in value after you bought it, be ready to buy more so you average your buy price down.

If you bought the 20 for $1, but it dropped to $0.60 (Oh no!), buy more at 0.60 and your average buy per coin price will go down significantly

Ex:

You already spent $20, and got 20 coins

Now price is $0.60, so you spend, say, $24 and get 40 more

Now you have 60 coins you spent $44 for, so your average buy in is $0.73 - That's a much easier target to hit from $0.60 than $1!  Make sure you're at the bottom of the dip though.  You can do this several times if necessary, and the nice part is as the price goes down, your purchasing power goes up, so if say... the coin totally tanked to $0.20, now you can buy 5x as much for $20 as you could have when it was $1... which will drop the price a lot.  So don't panic!  On a related note... save some BTC for this emergency maneuver when you're buying the initial altcoins.

If you averaged your buyin per price down to $0.73, and you still only want one free coin, now the sell target is:

$44 / 59 = $0.745 per, or $0.75 to cover the fees too.

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If you are feeling brave, one thing you can do is keep buying and selling the same coin as it dips and raises.  I've done this today with MCO to great effect.  Big swings! Each time you buy high and sell low, that averages your buy price down even more by the amount you gained from the high/low transition.  After selling at a high, wait for the whales to dump!  They always will, it will brutalize the coin value, and you can easily lose those gains you worked for by selling too late or buying back in too soon!

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So that's it, pretty simple.  Good luck!  Any pros care to share their tips?  Maybe I could improve this strategy?  Thanks!

Thanks, yeah I did.  I tried connecting to your pool but I got some errors... either the local copy of the blockchain needed to finish downloading or it was a not-enough-GPU ram error, not sure which.

How long does the initial data generally take to download?  I followed the musicoin mining instructions but it was unclear how long of a download I was getting into so I aborted it after about 20 minutes.

Hey great!  Welcome to the pool - leave a post if you have any problems getting setup or questions etc.  Until we get a new site setup things are a little sparse so it can take a second to get used to finding your stats etc.  If you'd like to see a little working draft preview, try http://ckpool.org/test.html

I think my next miners are going to be Canaan's, Bitmain has been a royal PITA all around, not to mention how shady they are in the crypto scene.

My Spondoolies Sp30 has been a champ but it's due for an upgrade... which should be arriving in about 3 weeks

I'm interested in mining music but my GPU only has 1.3GB ram

Is it possible?  I've heard about 'dagless mining' but I have never mined any etherium and don't know much about it.

Probably, but they're all green now lol, maybe this is how to do it.

I've been over thinking it!

I think XLM could blow up in a big way.  It just seems like a well run project with a good long term plan and a functional product they can demonstrate right now.

I decided to buy a few random dirt cheap coins at the Bittrex minimum order of 50k sat

I got XVG, ADT, and MUSIC

I figure the most I could lose is about $2 each so why not.  They might blow up. 

XVG already up a little.

Anyone else do this?  Has it ever worked out great for you?

I think the bears are about to go on killing spree and kick this sucker down to 350k or so until it builds back up tomorrow.  I've been buying in the dips and selling at the peaks all day, so far so good.  This things about as pumped as it's gonna get for a minute.

[KORE] looks strong, I think it's going to be a big earner soon.

Does anyone know of upcoming events / news with this coin?

Some whale just gobbled up a ridiculous lot of GEO at 38-40k on Bittrex.  Just bought out the first 3 pages of sell offers in one go.

I sense an epic pump in the imminent future.