why did the bottom fall out on the price???
More supply than demand is always the only objectively correct answer. But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago. There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about) I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments. Do you think it goes back up in the long run, given the high supply? |
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So, XCN coin limit 100x higher than XMR, XMR price 60x bigger than XCN. I guess this shit qualifies as fully pumped. right ? From now on it's basically "buy it when you need it", it's uselles as a store of value...
Yea like any other alt is a store of value. It'll take a year just to get to the level of coins bc has. Get over the total coin count guys. Nobody bitches about all the pos coins coming out everyday that get 10 million mined in 3 days. |
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itsdfunny.. someone discovers devs fake Facebook profile and the bubble collapses. after 20 hrs of panic sells dev awakes from "sleep" coz ppl found out his identity in the meantime and he is just blaming the "fudders". yet nobody asked him for explanation about his fake fb profile.. and lots of ppl at cryptsy about to buy a dead coin. oh the joys. im sticking with nxt multigateway from now on. even the exchanges are adding scam coins. Craptsy is no exchange. its a shithole. |
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BCX stated that he talked with Cryptsy and it will be added as soon as they figure out how.
Expect a large price increase when this happens. Expect a price erosion when this happens. Everybody knows what it means when a coin is listed on Craptsy. Its crowded with big pocket pimps playing the PnD game the whole long day. They dont give a shit about any long term prospects. Its no wonder that its the last exchange to add XMR. they dont have any capable coders to add a non BTC-clone coin, only pimps. |
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because the cryptomarket doesnt reward delivered features, only hyped announcements
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Mark my word. It is a scam coin Not at all, its just one truly honest guy and his 3 sockpuppets  |
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There is no explanation for the price going down from 4.5k to 3k in a few hours. Someone is manipulating the price and the dev is supporting him. Quite obvious. no explanation?? it dropped right after this: the original timeline is not valid anymore. no anon.instead dev is proposing a coin logo contest. |
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the original timeline is not valid anymore.
it will take a longer time now.
also i will make a new timeline once i am sure. BUMP. Im out. |
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CINNI was never meant to be a get rich quick scheme. Really?? oh, crap. |
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every coin got whales, that frankly doesnt explain to me why they would want to keep the price down permanently. Every strong coin experiences a bubble every now and then and finally reach a higher price level afterwards, why not Cinni? It would be against their own interest of whales - except if its just about eliminating a competitor. There where corresponding announcements from big BC-Bagholders once.. but I not really buy that someone would waste so much lost profit just for that. there are more competitors than just Cinni out there currently.
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if we learned anything from the delivery of the great EM-wallet, than that markets apparently do not reward the actual delivery of cool new features currently but just the announcement! So come on Cinni, please announce the full flexible anon upgrade with guaranteed +100% price increase per hour which can also cook coffee, gives you a hug when you come home and makes a great sandwich. |
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hmm.. If I think about what happened to all the "real" community coins who has been out there once, I rather bet on new strong anon and retailer features. I also think they will be of higher interest than a fancy coin logo (think about XBC). Cinnis logo and branding looks quite cool to me btw I see that there are many of you asking the dev team to do something to help the price recover. Well, as a matter of fact the price is being driven by people's interest. and peoples interest is driven by the chance of price increase. and that is driven by coin prospects. and that is driven by hype, PR and coin features.. so what? |
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sorry to hear that.. who exactly are you?
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The invoice and receipt wallet was days late past the deadline that was set for that weekend which is a huge red flag. Being days late in the crypto world spells big trouble. If you and I weren't having this argument, I would tell you to leave the coin or at least diversify into something that has a strong development team like BC, XC, or VRC. So when Cinni deliver this wallet fully working as promised just a day or two later, its a red flag. When VRC announces a full working SMS anon app just to finally deliver a crappy buggy non working alpha version 5 days after the deadline, its a great team and a strong coin. I start to believe Altcoin success is not about new features at all. Its about hype and PR only. |
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If they have then I am just sticking with Bitcoin and NLG (which is 100% legit) Premine Reserved for Dutch citizens: 150M (9%) Premine for Development, Marketing, Bounties: 20M (1%) good luck |
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Garbage website. They are paid shills. +1. looks anything but professional. anonymous "rating" agency, are you kidding?  |
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#11490
OK
The market is standing now, isnt it?
the only ONE who is playing or manipulating with you guys is a BOT, that is a machine that regulates the price for buying or selling the coins.
I dont even know if it is legal.
So you have to outsmart it to be able to get something more out when you sell.
Dont try it so stupidly like I and a bunch of others did. We just dropped the coins and lowered the price.
Sell it at the highest level only and then wait for a few minutes and the bot will give you again a higher sell price.
We all have been scammed.
And for non believers fell free to call me a TROLL if you then feel better.
I can give you my screenshots where you can see that I have no BTCs left to buy CINNI because I'm all in VRC/BTC.
You have no idea about cointrading do you? everybody who is trading for more than a week knows these bots are everywhere, as well as PnDer hopping on every coin rise. You bought in high in Cinni and now you sold at a loss and just bought in high in VRC.. that means you just became noobfood for experienced traders and are now going to be again. Search for a cheap coin with potential, send in your sockpuppets for fud, drive the price lower and lower, get the noobs to panicsell, buy rat cheap, fill your bags, go playing golf and sell on good news, thats how it works! Noone is fudding for a dead coin.
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