It's really not that much and I won't be dumping until about $5/PMC.
I might sell a little off for $5 to pay off some bills but I think this has the potential to go ALOT higher than $5. Remember, Vert shot up to almost $10 and it had 5x as many coins on the market with much more to come down the pipeline. |
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Sell orders starting to pop up on C-Cex, and I like what I see, nothing below .005, the true value of the coin will be revealed soon.
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What is the time frame for the logo? I might want to take a stab at it but probably won't be able to even touch it until this weekend.
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when rise to moon?
Probably after the social media campaign. Don't give away your coins now for a merely 5K satoshi. Not planning to give up my coins but I'm feeling less rich everyday, I bought 5,000 weeks ago when there were just 2.5 million coins on the market. Now prices are dropping way below what I bought for and more coming onto the market everyday! |
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And you could too if you wanted to. It was publicly released.
Yes but let's be realistic, if I invent a magic slot machine that pumps out money, and place it in the middle of the desert and send out a few forum posts and a PDF that explains what it does and where it is while I sit and play it all day, I am still going to have a huge advantage being the creator of it because odds are it is going to be a long while until the general public finds out about it or accepts the premise. The evidence is in the massive amount of coins he owns himself, logically if "everyone" had "fair" access to Bitcoin at the beginning, shouldn't there be a few other people who have a million coins themselves that started at the same time as him? No, because Satoshi mined the hell out of it at the beginning when it was mostly unknown until the difficulty rose so high that NO ONE could ever hope to mine as many coins as he could in their lifetime being the sole initial creator and miner. The "fair" thing would have been for difficulty to have been set at a higher bar at the very beginning, 1 person being able to mine 1/21th of any coin is sort of against the spirit of what Bitcoin intended to go out and achieve. There is not one person in the fiat world who even owns CLOSE to 1/21th of the whole world's wealth or a single major currency! |
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Satoshi did not "pre mine a crapton of coin".
Sathosi did not "buys back their own creation for a few dollars within days or weeks".
Stop spouting silly nonsense. You make yourself look foolish.
Satoshi MINED a million coins at a very low difficulty rate and spent very little money to acquire those. What I am trying to say is what difference is there of a developer premining a few thousand coins for himself in a few days versus Satoshi mining tens, if not hundreds of thousands in a matter of weeks when only he and a few dozen other people even knew what Bitcoin was? Either way it is still the developer taking advantage of knowing his own creation in advance before the general public catches on. Satoshi took very little risk to acquire all those coins, did he go out and spend tens of thousands of dollars on equipment and run up seveal thousands of dollars in electric bills like the later guys? No. You seem to talk in philosophy, I am talking in dollars and cents. Either way it is the creator of a coin gaining future obscene speculative wealth for what was a very small investment. |
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Satoshi was an early adopter.
Sorry but I just see no difference between someone who pre mines a crapton of coin for a few dollars of electricity versus someone who buys back their own creation for a few dollars within days or weeks as well. Either way it is a massive amount of speculative wealth obtained at an insanely cheap price by those on the inside. And don't get me wrong i'm not begrudging Satoshi, nor do I begrudge any other coin developer who wishes to profit off their own creation, I just think it is unfair how a lot of developers are attacked, if you don't like the way the game is played, don't buy or mine in, it is as simple as that. Face it, at the end of the day most of us are here to make money, and i'd rather the creator of a coin get rich v.s the early miners with expensive equipment who mine the hell out of a coin and then dump it en masse and move on to the next coin leaving all the late bloomers without big pockets holding the bag. |
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@coyotewallst is saying there will be some major PMC news today, any speculation?
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And what is hilarious is people constantly throw out the SCAM! accusation when developers of other coins premine a few thousand for themselves. I know Satoshi obviously deserves more credit for actually inventing the Bitcoin protocol but it is a bit of a double standard.
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iPhone not safe... NSA tool.
Correct, iPhone is an NSA tool. But Google IS the NSA! |
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He just wants to "protect" our money yet will he propose the government reimbursing all coin holders for all the thousands they've spent? Fat chance.
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I hear Stratton Oakmont wants to get into the Bitcoin game!
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Just thought i'd throw this out there to see if anyone is interested, potentially some hot addresses here, some maybe not so. I don't like to throw out numbers and welcome any reasonable offers via PM, just don't feel offended if I reject them  All are registered with godaddy, I am open to either bitcoin or fiat trade, can negotiate method of domain transfer if interested. weeklycoin.com dogeauctions.com btc-stocks.com btc-stock.com asicresistance.com altticket.com stakecoin.com bitcoingross.com coingross.com coinhalve.com coinliquid.com coinliquidity.com coinmonopoly.com coinrim.com coinscrooge.com scroogecoin.com sendvert.com vertauction.com vertauctions.com vertbase.com vertlocker.com vertnews.com vertsend.com vertstar.com vertstock.com vertzaar.com vertfast.com vertking.com |
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PMC is a great store of wealth, no inflation, no sweating unknown electricity costs, very rare, a real professional investors coin without any cartoon character or drug culture gimmick.
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Twitter is really blowing up as well. Good stuff.
Just a quick motivational poster I made  |
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A lot of the trolls on CNN's comment section were gloating yesterday, but we are having the last laugh, when you think about it the Lehman Brothers or Bear Sterns of the crypto world folded yesterday...and nothing happened. In fact BTC and other alts are rallying because of it. If Mt Gox were a major US bank, we'd be having fed policy makers locked behind doors for days on end figuring out how to bail them out and arguing if we don't do anything, bitcoin could suffer a "Catastrophic" collapse.
I am convinced '08 was nothing more than a big lie to steal trillions in wealth from middle-class Americans with fears that if we don't bail out the big banks, our whole economic way of life is on the line. I think had we gone over the cliff and let these big banks failed we might have even seen a major market rally due to the free market correction.
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Busoni over at Poloniex is a good guy, he rescued .6 of my BTC I had accidentally deposited to my PMC address. It took him 2-3 days but he eventually found a way to do it, meanwhile the owner of another certain bigger exchange said I was on my own and even laughed at me.
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share this picture   I love it, I pray it will reach .003 although the dumpers today made me kick myself for not selling and buying back in cheaper  |
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Back up to the top of Coinwarz profitability list  Am I the only one who finds it a paradox that the "most profitable" coins on Coinwarz usually are always worth the least on exchanges? |
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This reminds me of the scene in "The Master" where Joaquin Phoenix is imploring Philip Seymour Hoffman to just for once in his life, tell him something that is true!
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