CANN is a scam, it's like somebody giving you money for free,same as URO.Not that expensive to give away pot in a single store only for medical reasons to convince thousands to buy your coin. There are a lot of coins and not that many pumpers-whales these days. Coins usually pump when they are released or when there is news- releases coming if there's enough interest but it won't happen everytime. Day trading means buy and selling the coin within a few hours. Volume means total buys+sells, it shows people are interested and trading that coin,coins that are pumping have volume. You should try to learn at least some Technical Analysis if want to have a shot at making money, which is not that easy in right now. Some resources: http://altcoingraphs.com/http://coinmarketcap.com/coinigy.com https://cryptrader.com/http://cryptscout.com/http://www.cryptocoincharts.info/ |
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Truth is scams,hacks and IPOs destroyed altworld health more than Pump&Dumps.
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More like in a coma. Maybe they'll gain independence from BTC...
BTSX,NXT and BC looking good right now but also still believe in BTM and VIA.
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Just to make things clear, please read what we have posted. We said we MAY post a buy wall based on community input and had a 24 hour refund window directly following the ITO closing on Bittrex where we only received one request and issued a refund. Now that several days have passed and the price is dipping, it appears buyers want a bailout. The wall does not appear to be the best option. The main purpose would be to help out early investors, but creating the buy wall now would not be the best solution because it does not guarantee only early investors could exit their positions if unhappy. We took a hands off approach to this ITO and do not own more than a few btc worth of the token, many other ICOs have resulted in the dev team controlling a large stake and manipulating the price. Our mentality was and is for this to be a coin owned by the community and not controlled by any one major source. We will not let this coin fail. It has only been live on Bittrex for a matter of days, give it some time. If you take a look at historical records, the vast majority of coins (not designed specifically for a massive pump) follow a very similar trend when first hitting an exchange. It takes time for support to build and we are keeping a close eye on it so we can help support it if necessary, but we cannot stress enough it has only been a few days. I know it sounds lame but it is the truth, in a true free and decentralized market, like Bitcoin is based on, the fair market value of the coin is dictated by the community, not a centralized source (aka dev team, majority holder, etc.). For anyone that believes that we may have profited directly from the ITO, that is the farthest thing from the truth. Look over our roadmap (visual and explained in detail). We have big plans, that are not just ideas, but are nearing completion and will be launching in a matter of weeks. We encourage holders to actively watch over the next 1-3 weeks as we begin unveiling products. If you choose to hold your coins, we will all profit together over the upcoming years. If you wish to not be a part anymore then go right ahead and sell your coins, we will be there to support the network and add support to stabilize it when needed (it has not been live long enough to even settle on a pricepoint for more than a day so we will really begin our work once it settles). We are by no means ever abandoning this project and will use it as a great example in the near future as to how crypto has progressed in such a short period of time despite the critics. We hope each and every one of you understands that we are here to stay and our goal is to take crypto mainstream and make an impact on society. If you are still a non-believer then just sit back and watch our new products and services unfold. This is not a get-rich-quick scheme, it is a sustainable business model.
The same bs story lots of coins had before you but you haven't done one thing yet.You don't tell the community you "may" post a wall... You guys are saints but one day after you receive the ITO funds, Fuelcoin, the other coin you developed, gets pumped? I'm supposed to believe that's a coincidence? |
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Devs decided to pump FuelCoin with the ITO funds...
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Here is an update where we stand. Please read and provide feedback. We do not want to rush into anything until a majority of the community approves so as to not further aggrevate any early buyers.
1) If we place a buy wall now then people who picked up on the dump can easily lock in a large profit and will sell, so early buyers may not be able to exit their positions if they wish to do so.
2) We did not have Bittrex place the buy wall because we clearly asked for community input via email over a 24 hour period post-ITO and only received one email, which was for a refund, which we processed.
3) If we placed the buy wall now, later buyers could exit their positions before early buyers have the opportunity and that defeats the purpose because the whole point of the wall was to help out early buyers.
We are trying to reach the best solution across the board, but it is very hard with many completely different strategies posted on this thread. We will work towards satisfying early buyers but we need them to communicate directly with us via email or DM on twitter.
Devs, I must give you major kudos for even bothering to respond to scam/shady/etc accusations. I'm not sure if the Sembro team is new here, but let me give you guys a piece of advice. BCT is a cesspool of manipulation. Im not going to go into details, but I will say this is NOT the best place to take people seriously. My suggestions is to resume your campaign updates, etc, on twitter AND your very own forum. I can tell you from experiences that 95% of the FUD doesn't follow coins when they migrate to other forums. I wouldn't advise you to completely abandon Bitcointalk, oh God no, dont do that. But at the very least, you need to create a NEW SELF-MODERATED thread. As an investor, it is clear to me that you guys are very serious with your plans for the future of SMBR, and I know you guys have probably been uneasy getting T-Boned by the merciless BCTalk community. I just want to say that these are the vocal minority. Finally, I want to leave of with this: Keep the BTC funds. Forget the buy wall. As a SMBR investor, I took the risk of buying in ITO and invested in SMBR for the sake of investing in it and seeing the projects come into fruition. Not this 'quick coin-flip major profit' mindset these vocal minority are clearly all about. If you give in to these ridiculous suggestions, you will only be instilling this type of behavior for future ICO's/startups whose value may decrease upon launch. In the long-term, this buy-wall business post-ITO is no good. The coins have been distributed and investors who came in later are just begging for a buy wall to be set up. Most likely half of the people here demanding a buy wall are those who bought SMBR post-ITO. You have done what you can, and let me tell you, no matter what you do at this point, you are going to get major flak for it. Do the BEST thing for the community in the long-run and that is to USE those ITO funds for further development of your projects lined up for Sembro. Please do not give in to what has become of this thread post-launch. Again, I say all this as a SMBR investor & am sure that I have invested more in the ITO than 90% of the people complaining here. Devs, keep the BTC and develop SMBR. FUDsters, let this be a lesson to you on what true investing means. To the rest, I can tell you right now that in time, SMBR will go back to ITO prices and well surpass it. So keep calm. Very old & common saying but it clearly applies here as it does to real world businesses, startups, other altcoins, and of course, Bitcoin -- "Rome wasn't built in a day" So you registered today to make this post.... Do you have any affiliation with the dev team? Real businessmen making sockpuppet accounts. |
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IMO a buy wall should be posted at 1400 sat ASAP, or you might lose future investor support..
Edit: If you let the price drop even lower, people might think you intentionally let the price drop to get cheap coins (insider trading) before adding buy support or whatever you decide to do.
Waiting another day before taking action is close to catastrophical trustwise, time to act is NOW!
The price is at 1.4k because people still believe devs might disappear with the money And i still don't get why everybody agrees with a 2k buy wall. 50% iks a huge losss. caz there is nearly 13 btc sells lower than 4K .... u simply can't put a support at that point .... a 2K wall would make a exit with loss for investors And a pushing point in the same time But only 1 btc to 3k. 2k is too low |
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IMO a buy wall should be posted at 1400 sat ASAP, or you might lose future investor support..
Edit: If you let the price drop even lower, people might think you intentionally let the price drop to get cheap coins (insider trading) before adding buy support or whatever you decide to do.
Waiting another day before taking action is close to catastrophical trustwise, time to act is NOW!
The price is at 1.4k because people still believe devs might disappear with the money And i still don't get why everybody agrees with a 2k buy wall. 50% iks a huge losss. |
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I doubt the coin will recover with a wall at 2k, you'll create a lot of frustrated investors as not many took the risk to buy more after it went down.
Put the wall at 2.5k and burn the tokens or at 3k without burning. This way most investors won't be tempted to sell right away but will be able to feel safer.
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We will have the funds from Bittrex by tomorrow and then we will work to satisfy all early investors. Please just wait until tomorrow and we will resolve all issues!
Will they release all the funds? |
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Will XCH be affected by the "cryptopocalypse"?
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Ok guys with all the rumours going abouts, ill guess ill own up to it, yes im also the mantiscoin dev, posting on this account to settle it. Yes i fucked up on a major level with mantiscoin and had to leave, it wasn't just the mistakes, i also had a heart attack, and was in hospital for weeks barely able to type on a computer, and by the time i recovered, people already had lost interest in mantiscoin.
so now i present SparkCoin, i am sticking around for this one.
Heart attack? Prove it. Make POD and submit medical documents. |
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You guys who panic sold must be kidding me....while the devs have been secretly picking up all the cheap coins....they have huge plans ahead. They trusted you xenxex but you fuded and dumped???
They had a long time to pick up cheap coins. |
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My guess is Mintpal was insolvent since the hack, they agreed let Moolah(who wasn't doing very well) take over to reduce panic/gain trust of the users. Joining forces made it easier to look solvent. Maybe they closed the site for an "upgrade" because volume was declining and funds for withdrawals were running out. The 0% fees would atract new funds. The panic of running out of funds may have fueled all the incompetence.
it's an interesting theory. but why the constant delay tactics evasive answers from them on everything and BS like today there was a 'critical bug' so they took the site down and not that they are dissolving the company so it's open season on the customer coins. and why no response to any support tickets or emails - still anyone received anything but a generic response? Just stalling and waiting for a miracle to happen. I opened a ticket 8 days ago and after 4 days someone replied and asked me for my email adress, like he can't see it right there.... Nothing since then. |
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http://blog.moolah.io/2014/10/14/moolah-is-having-to-close-its-doors/As a result of this, Moopay LTD will be filing for bankruptcy and dissolution following the administration process; and ceasing operations. All client funds held in consumer accounts are safe, and can be withdrawn as per normal at this moment in time. If you fail to withdraw your funds before the platform is shut down on October 31st, you will receive an email asking you where you want your funds to go.
Again, all funds held in consumer accounts are safe – consumer funds are essentially held in the equivalent of a client trust account and are fully separate. You can withdraw them via the normal route up until the end of the month. I hope So let me get this straight... In July Moopay Ltd announced they had 'purchased' Mintpal in July: http://www.coindesk.com/moolah-acquires-troubled-altcoin-exchange-mintpal/Now they are saying they do not own it, they are just responsible for 'management': http://blog.moolah.io/2014/10/14/moolah-is-having-to-close-its-doors/Which is great for them seeing as 2 weeks after launching a mickey-mouse website to replace it and many people loosing coins through missing balances or not being able to login, they now go into voluntary liquidation and tell people their 'coins are safe' Lets think about it... 1. If Moopay Ltd do own Mintpal, people's coins are not safe - all assets will be sold and given to creditors and people have posited that coin holders will be last in the queue 2. If Moopay Ltd don't own Mintpal, then who the fuck does? Why did they say they purchased it, and if that's incorrect, why haven't they said who does? How does not knowing who owns the entity with everyone's funds in make those funds safe? 3. "MintPal will be coming down immediately – in light of critical errors being disclosed." - on the same day as they announce that they are liquidating their company voluntarily btw, they pull the site down without giving any reason other than 'critical errors', and people's coins are safe? Does anyone here believe this? This whole thing is bullshit - trying to delineate Moopay Ltd from Mintpal and Moofarm, claiming the team have been jetsetting around fucking Asia during the failed launch, and that suddenly they have to liquidate due to rising costs and dropping revenue - they just launched a fucking exchange lol so what in 2 weeks they suddenly realized they can't pay their monthlies and had to make this decision now? Unbelievable. That pretty much sums it up as far as I can tell. One big scam. My guess is Mintpal was insolvent since the hack, they agreed let Moolah(who wasn't doing very well) take over to reduce panic/gain trust of the users. Joining forces made it easier to look solvent. Maybe they closed the site for an "upgrade" because volume was declining and funds for withdrawals were running out. The 0% fees would atract new funds. The panic of running out of funds may have fueled all the incompetence. |
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Lots of fail... Since its start this coin has been one fail after another. Worst decision is hiring Bryce Weiner who brags a lot but achieved very little.
Only thing this coin has going for it is a name. I finally lost my patience with this coin...
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