If there's IPO/ICO it's 99.99% percent scam. If there's more than 0.1% premine it's scam. If there's not a roadmap, what's done so far, it's scam. If it was instamined it's scam. If the ANN topic is self moderated it's probably scam.
There're lots of other things, you need to check out the whole ann page to understand it.
If its come from this forum in the last 12 months...its a scam most likely, yeah. and saying that is being fair.
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daaaaaammmmnnn...
Not all of the original investors had the foresight to hodl and dump during the peak though. Some sold part or all of their stake while the prices were still extremely cheap. For example, in this thread, someone had invested 0.05 BTC (worth $50) into the IPO and later sold it all for 2.5 BTC in total. Had he waited, it would have been worth $250,000: Well, just wanted to make myself more angry at myself than I have been for the past year. Always thinking about this big mistake. How much I could have had, if I had not been naive and greedy. An investment of 0.05BTC, about 50$ at the time, gave me the following. When NXT released, I thought nothing of it, and sold for I think about 2.5BTC in total. I could have done all of the things I struggle to do now because of lack of funding (businesses, services, etc)
My mistake will haunt me for the rest of my life.
Majority of people can't see that far..majority wants overnight gain..they can't even see few days forward let alone months. actually yeah, i know the feeling. i was told about BTC back in 2010 when it was cheap but didn't really bother looking it up. i was in the process of downloading the blockchain then got impatient cos my internet was slow so i quit and uninstalled. it was amir taaki who told me about it believe it or not. I'm in same boat. I looked at the size of blockchain and cancelled it half way back when it was $5 Were there any lightweight wallets like multibit back then? i was told there was multibit. i said "ok, thanks." , then proceeded to turning my pc off. lolz. i didn't find the time to find out what bitcoin was nor did i have the patience. i mean who would have known... the thing to get from it is to always keep an open mind.
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Monero has now a webwallet.
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daaaaaammmmnnn...
Not all of the original investors had the foresight to hodl and dump during the peak though. Some sold part or all of their stake while the prices were still extremely cheap. For example, in this thread, someone had invested 0.05 BTC (worth $50) into the IPO and later sold it all for 2.5 BTC in total. Had he waited, it would have been worth $250,000: Well, just wanted to make myself more angry at myself than I have been for the past year. Always thinking about this big mistake. How much I could have had, if I had not been naive and greedy. An investment of 0.05BTC, about 50$ at the time, gave me the following. When NXT released, I thought nothing of it, and sold for I think about 2.5BTC in total. I could have done all of the things I struggle to do now because of lack of funding (businesses, services, etc)
My mistake will haunt me for the rest of my life.
Majority of people can't see that far..majority wants overnight gain..they can't even see few days forward let alone months. actually yeah, i know the feeling. i was told about BTC back in 2010 when it was cheap but didn't really bother looking it up. i was in the process of downloading the blockchain then got impatient cos my internet was slow so i quit and uninstalled. it was amir taaki who told me about it believe it or not.
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when can i play this game?
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I don't think it's really possible to know in the earliest stages. Unfortunately, the earliest stages are also when most of the profits are to be made. Think of how lucky the initial investors of NXT were when NXT was launched roughly one year ago. 1 BTC invested into the NXT IPO would have made you worth over $5 million during its peak. Then think of how NXT looked at the time when it was first announced. It had a single shady, paranoid, anonymous dev posting from a newbie account who admitted that he had "little understanding of economics" and who decided to go AWOL weeks into its launch. Not only that but it also had no screenshots, no whitepaper, and not even a working beta.
he could be one of the satoshis for all we know.. or bcnext could be the satoshi group trolling us all over again. wait... what!?! 5 MILLION DOLLARS?? 73 people invested a total of 21 BTC into the NXT IPO. The maximum anyone could invest was 1 BTC. NXT reached a peak market cap of about $100 million in June 2013. Therefore, someone who had invested 1 BTC would have 1/21 of $100 million - or roughly $5 million. daaaaaammmmnnn...
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I don't think it's really possible to know in the earliest stages. Unfortunately, the earliest stages are also when most of the profits are to be made. Think of how lucky the initial investors of NXT were when NXT was launched roughly one year ago. 1 BTC invested into the NXT IPO would have made you worth over $5 million during its peak. Then think of how NXT looked at the time when it was first announced. It had a single shady, paranoid, anonymous dev posting from a newbie account who admitted that he had "little understanding of economics" and who decided to go AWOL weeks into its launch. Not only that but it also had no screenshots, no whitepaper, and not even a working beta.
he could be one of the satoshis for all we know.. or bcnext could be the satoshi group trolling us all over again. wait... what!?! 5 MILLION DOLLARS??
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Some coins will make u insanely rich in a few yrs
Thank you for pointing out how to know what is legit your major contributions to this thread will never be forgotten. what about my contribution?
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XMR price pretty stable around 0.00178 for the past 3 hours...impressive that there wasn't a massive sell off quick profits.
If people want to dump, they can. Maybe they're asleep. Of course. But they haven't dumped almost all day. I'd imagine they would have dumped before bed if they planned on doing it before the day's end. Now we have to wait until tomorrow to see what happens. why not hold for now instead, and sell later for a much better price?
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Seriously...between each community fluffing their own coin and the haters on the "neutral" boards shitting on every coin that's just past it's prime, how are you supposed to know what coin is the most prudent investment?
I understand that "research" is worthwhile, but there's only so much you can learn from a coin's website.
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let the hate flow thru you.
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i wish an NBT/BTC pair was around when BTC was hovering around 1k USD, that's for sure.
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ok kidding aside, what's up with XMR? price rise coupled with big volume spike got my attention. looks like this could breakout above .002.
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Once upon a time there was a guy named Bob ...
...
The End.
lol. needs more love.
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Oh man, btc is centralised now anyway...well practically...look at the big mining operations. there is only a handful left
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in before someone fuds scam cos it's going up.
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The dev probably realizes he cannot dump all the premine before people cotton on and is taking what he can get, when he can get it.
Which explains why he's intentionally taking less profit than he could get by dumping the price lower than the going rate when the price is actually climbing. I see now I asked for opinion here in error. My apologies. Expecting a well thought out reply on an internet forum is like buying a lottery ticket. You can wish and pray... but your chances of getting what you hope for are infinitesimally small. you want an answer that you only want to hear then? also, what serious dev would want to intentionally devalue his own project?
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I feel like people praising ripple here are the ones that bought to this high price now and since ripple is very undisclosed to updating their "coin" holder with their plans then these people do what they can only do "hype" based on speculations.. lets look at some datas: We all know how the sudden jump in net worth rose in a blink. "new coins issued" x old price. question is.. where is all the 24 hrs volume coming from? where clicking the total 24 hours volume in coinmarketcap it shows that roughly $100k is traded in almost all BTC related exchange and then there is ~$1.4 millions on www.RippleCharts.com .... So yeah... can some one break down where this ~1.4 million 24 hrs trading volume comes from? Mostly my point of my post is that the people who are trading the $100k volume (aka traders from BTC38, cryptsy , polo , kraken justcoin etc) are coming here praising their glorious investment just stay away from ripple.
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