How ironic for you to acknowledge this one but not the one I posted in Aug 2016 already. 808 is dead anyways.

https://bitcointalk.org/index.php?topic=1591061.msg16059519#msg16059519

and in this thread

https://bitcointalk.org/index.php?topic=1532606.msg16059572#msg16059572

The only issue is that once a fund makes a bad investment you lose capital and you have to make that up again before you can declare profits. Declaring profit before this time means the fund is cannibalizing its capital. It is difficult to make safe investments in alt-coins and it is pretty much high risk high reward/loss. You can win big but also lose big. Most alt-coin investments are on the losing side though.

I would rate alt-coin investment funds as the most high risk one can get.

Dev was caught with his hand in the cookie jar. I doubt he will be back.

I guess the dev did not think we can do maths and the reasonability test caught him out. Strange how the amount of effort increases in the attempts e.g. mobile and web wallets.

In essence the dev cannot pull sell orders of accounts he does not control, hence chances are high that sell orders are from good faith buyers and if it is more than mined coins it can only come from the premine.

The test can be improved by also subtracting dev declared sales. Premine is public accountable and therefore if the dev declares premine sales for things like development before he sells then those sells are also legitimate.

If your numbers are accurate, he probably sold between 4-8k at this point.

Most of the time in alt-coins devs do turn out to be scammers. I would therefore not be surprized if it turns out to be the case here as well. Lets see how it plays out.

No, it is not fair to say screw the sell side. In your previous post you said he already dumped his coins. Now you are saying he just has his coins on the exchange. A dev that does not disclose his addresses is not a scammer because of that. It is only when a dev dumps his premine that he becomes a scammer. My suggestion is that you keep a close eye on the sell side and tell us as soon as you notice the threshold being broken. You could be right though, and if he does dump then your assessment becomes true.

I am more interested in seeing people trying new things with new technology and pushing the boundaries. People must try, even they fail and even if ideas are not perfect or even if there is a saturated market.

Yes that would help. I guess things will crystallize in the next 24 hours.

PS: Until the sell side breaks the threshold, your comments are FUD. Keep checking and as soon as the threshold is broken, post here then you have evidence.

There is one more reasonability test. The total of coins on the sell side must be lower than the total supply minus dev premine minus +-10% that is staking. As soon as the total on the sell side exceeds this number it means that the dev sold some of the premine. This test is based on the assumption that users that buy in good faith will most probably put their coins up for sale at a higher price to make profit. At this point the total on the sell side is about 4800 on the 3 exchanges. If 32k was indeed dumped, the sell side would have been at least 15k+  One could argue that the coins were removed for staking but staking reward is low and therefore the incentive to stake is low and POS difficulty is also still low.

Based on this I would say that the probability is much higher that about two players are creating volume, one with a bot, and one took profit with a large percentage of his coins.

I have a different theory.

I think, that ypool was hacked, the wallet stolen and the coins dumped in the market. The dev transferred half of his coins to the exchanges to sell and buy with a bot to create market volume. Then you dumped your 3700 instamined coins to make 1 BTC profit. Holyblood and the other guy that mined with 90THs on ypool also sold some. It is difficult to confirm anything without a good block explorer.

or

the dev dumped his coins

Pity that the block explorers listed do not have taint analysis like chainz does. Then it would have been easy to identify the exchange accounts if everyone withdrew their coins and put it back again. This is because of how exchange accounts work.

So are these false positives or what?

I presume you are on Windows.

1. Change directory to your roaming folder (c:\users\yourusername\appdata\roaming\Alexandrite)
2. Create a file in Notepad called Alexandrite.conf and save it in this folder
3. Put the info below in the Alexandrite.conf file
4. Start the wallet

rpcuser=user
rpcpassword=choose_a_password_and_put_it_here
rpcallowip = 127.0.0.1
server = 1
daemon = 1
listen = 1
addnode=192.227.251.234
addnode=91.134.120.210
addnode=87.98.142.204
addnode=5.9.165.252
addnode=194.135.85.41
addnode=176.8.54.13
addnode=41.135.115.19
addnode=81.65.9.22
addnode=88.15.4.10
addnode=45.76.168.235

Buying @ 50sats. PM me if you want to sell.

Wallet works fine.

The other potential seller with 3500+

I doubt it is the dev. It is much more probable to be a bot. However the next person with a ton has 3500 at least.

You shouldnt be doing that, talking about hypothetical prices you got. A price is what someone is willing to pay for something. There is no way for anyone to verify what you are saying about the price. Rather keep quiet about your private prices as some might say you are just saying something about a supposed price to create hype. What you should rather be doing is to get the coin listed on an exchange where everyone can see and verify the price in a transparent manner. If the price is then what you say then it is good. A 44m coin with no product/service is only worth so much and no-one will pay more than that for it, unless they are uninformed.

In parallel focus on a product or service which you seem to be doing. If you can get a product/service going the price will follow. Cryptonote has some premium and a listed cryptonote has some more premium and a listed cryptonote with a usable product/service is the ultimate goal.

Why would anyone pay 63k sats for something that they can buy in this thread for 80 sats? You are just tarnishing your credibility by posting unnecessary things like that.

You can rent an asic miner online and point it at a pool. This way you become an asic miner yourself.