You guys really like calling the sky blue, don't you?
Well if i would be calling it brown it didnt make any sense at all.. But im not trying to fud here, i understand its an experimental coin but still. if you see it differently please explain.. |
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See low chances of achieving a profit on this coin the graphics are beautiful and just that. The price of ICO and very high which takes profit margin for sales.
Agree. If they remove the pos % or at least adjust them, it might be interesting. To me a more decent price would be around 1k/2k sat for ico looking at the total amount of coins included first 3 months of pos. |
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ok so currently about 9btc of minimum 30btc is sold during ico. Will be a close call tomorrow as i think most investors buy in at the last day as usual...
assuming 30btc will be made, then total coins will be 272k which makes the 11k a nice price. Although with the pos there will be a lot of extra staked coins the first 3 months.... making the maximum more then 3million assuming everybody stake their coins.
When you look at that then 11k sat is way to high for an ico price.. and what if 60btc gets sold, then total will be more then 6million and so on...offcourse lots of people wont stake, but still...its something to keep in mind.
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The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...
So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.
Just my point of view though..please correct me if what i said is wrong..
you should have 200k + by the 4th day Ah ok. But the point is the same. The sell side will be huge over time while the demand will be close to zero as nobody needs to buy as they get thousands of coins for free by just staking.. The only reason why it still has some value is because people who dont have coins yet try to buy some. And its like a snowball effect. The more free staked coins get sold the lower the price gets and the more people can buy which is followed by even more staked coins. And even if people dont sell, then they keep on staking and there will be so many coins that nobody wants to buy them... So lets assume it goes to 100sat, then you can buy 1 million coins which you can double fast...and once you sell the million free coins you got from staking, then you probably eat the whole orderbook...just with 1btc... and you can do it over and over again. So only road is the road to 1sat...its just common sense...cant really make much more of it... |
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The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...
So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.
Just my point of view though..please correct me if what i said is wrong..
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WTF keep putting sell walls   Which one, i dont see any huge walls? Or you mean the 2.5btc one? Its more then ok to me, as long as people think its worth buying at these prices, sell walls will only be a good thing... else what do you think will happen if it gets pumped up...it will go down fast...so if it goes natural then its ok by me. There will always be people selling although i agree i dont know why anyone would sell at this point in time. yes thats what i mean why would sommeoone sell at this point....was there premine? No no premine at all...but some bought in at 1000/2000 sats or some even earlier...so those are probably taken profits the last few weeks. Shouldnt be a lot of sellers left as the top 10 richlist are longterm holders or the devs who bought in with their own money. |
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WTF keep putting sell walls Which one, i dont see any huge walls? Or you mean the 2.5btc one? Its more then ok to me, as long as people think its worth buying at these prices, sell walls will only be a good thing... else what do you think will happen if it gets pumped up...it will go down fast...so if it goes natural then its ok by me. There will always be people selling although i agree i dont know why anyone would sell at this point in time. |
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market disabled? just some bittrex issues i guess..
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Its quiet here today...
I see 10k is on your watchlist....it almost dropped 95% from its high....time to buy or wil it turn into a death coin?
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Already a nice number of orders on C-CEX. Some bigger orders too. One of 3 BTC.... but i believe we will see really huge orders when everybody knows that it is listing. A lot of high profile people join this coin.
yeah i see, try to make an accoun there tomorrow as i see you can buy at some nice prices.. |
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I don't understand people.... first they complain about BTCPOOL, now it hit C-CEX a bigger exchange, and now people are talking about Bittrex, and when it hit Bittrex, then we will talk about Cryptsy or what? Let the coin grow little by little, support it by spreading the news and by trading it on BTCPool and C-CEX, respect those smaller exchange as one day you never know that those smaller exchanges will be a big exchange. DEV has keep his promise. Did he pay for listing? I honestly don't care. It is his ICO money, he do with it what he wants. Will he pay for Bittrex or any other exchange? Who knows, but i honestly don't care and it is not our business too. As long as he keep working on the coin  hehe dont worry, people just cant wait to see it getting traded  |
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hashmaster1 and paycum - I'm here too  NAV soon will be No.1 RISK is OK too  Hehe hi guys! You bought in this ico as well? Yes, for 0.55 btc and mining now... Ah nice, small world |
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hashmaster1 and paycum - I'm here too NAV soon will be No.1 RISK is OK too Hehe hi guys! You bought in this ico as well? |
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Hey Hashmaster, nice to see you here as well |
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Why buy walls eaten over and over who is the dumper Yeah strange, maybe the guy who just saw his 10btc wall was eaten...the new buy wall was placed 200sats higher so he could take an instant profit... but who knows..... Better place around 2500 first and slowly go upwarts... i added some small walls at 2200-2400 |
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Not much activity yet. Why, nobody interested?
Seems ico isnt running hard as well. Its finished the 25th right?
I will see what happens during last day of ico and follow this topic. Idea does sounds interesting to me..
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Already some nice buy support again. Seems nobody follows the dump  |
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Hey everyone. We are making good progress behind the scenes. Don't worry about these mind games. The price and buy support is already recovering.
We will have an official announcement very soon with the whitepaper & timeline for the full anon release so stay tuned!
Cheers,
Pakage
Good to hear package, looking forward to read the new whitepaper and timeline! |
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WAS IT YOU? Wish it was hehe, can use a 10btc bag but no im still holding, i still believe we can reach 10k at least..will not start to sell below 7.5k-10k. At least not those kind of amounts... i already secured some of my profit during the first spike up...as i had lost many btc before, bought in at 800-1500sat at july  |
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