[ANN] [Globe] Global – Decentralized Global Payments

[raimch89]

look at ibits....next dump

[lord crypto]

https://chainz.cryptoid.info/globe/#!rich
the first two wallets are accumulating
in 2 days + 25% total coin

[johnnywoo2015]

So... what they want is it not enough for them

[Hyperjacked]

Seems like the price is being driven down intentionally. Lots of dumps today far below bid.

Yesterday there was 4-5 million on the sell side and now it way over 20 million! whoever it is is intent on driving the price down into the ground...They methodically sold into the price rise and now they are in total control of the dump!

[rmarleal]

Yes otherwise, big holders have not many options of movement

[BitcoinBob530]

25 sats for this coin is a bargain.

[rmarleal]

At this prices anyone could take control of the coin. Even screw the dumper.

[raimch89]

i think 20 sat was the floor

[frequenomics]

Coins must be coming in from an external wallet and sold at whatever price people are willing to pay. That'd explain the firesale.

[frequenomics]

Just over 51 million coins in the top 50 wallets, at the moment. Price over the next few days will depend how fast they introduce the remaining coins.

[SimkoMiner]

Can some more of you start staking? New blocks are found very slowly now and transactions are lagging. I think most people moved coins to exchange to dump, but it's too late, this coin reached the gate of hell in terms of price. Now it's time for staking, another run might come later, but definitely not today or tomorrow.

[fartbags]

https://chainz.cryptoid.info/globe/block.dws?2.htm

A 100% premined coin.

[rmarleal]

I am trying to stake but it is lagging to receive my coins from the exchange....it seems i will have to wait...

[burnourdough]

i think 20 sat was the floor

A 100% premined coin has no floor. They'd still make money at 1 sat

[dalefrench]

Sold all mine at 26.  I am out.  What a waste of time and money.  100 percent premine.  Way too many coins now.  If it pumped then anyone of the hundreds of bag holders could just dump.  I hope all of you who lost money will get it back in this rocket crash somehow.  Me, I am going to take someone elses advice and invest in a coin that may have a future like Bay which is cheap right now.  Good thing I made the money I lost selling comic books off Ebay.

[johnnywoo2015]

Guys, did you know this coin was ICO coin?
Check it out

Global ticker symbol Globe was distributed via a crowdfunding release. The crowdsale was set for a duration of seven days or until our goal of fifty five btc had been meet. The crowdfunding began on 6-5-2015 and ended four days after launch when crowd fund goal was meet. The crowd fund was available on our site via a platform created by crowdsale.io. There was a total of 92 participants and we thank everyone for all their support.

We choose the crowd fund method over the mining method as their are too many mining farms just waiting to hit the early block and then just dump on the market. Everyone else has to pay electricity to mine or rent miners so btc is being spent on some level. The crowd sale provides a more fair distribution and make everything more simple for all while saving energy.

http://www.globalcurrencycoin.com/faq/

[SimkoMiner]

Does somebody know what was the ICO price? Can somebody confess how many coins for ho much he bought? I personally don't see any problem with the fact that all 90 million coins were premined and then sold via crowdsale. This is how ICO's are executed usually. The biggest question is how many coins from those 90 million were sold to those 92 participants. My assumption is that at least half of those 90 million coins were neither sold nor destroyed and the dev is slowly dumping them either via putting sell orders or just dumping into buy orders. So he is secretly continuing the "crowdsale" for whatever price. At the end I have no problem with that if he uses earned money for developing of this coin. Also the distribution of the coin is getting better so there is still chance that we are not doomed. I have seen this pattern so many times already, coin price fell down from sky to hell and then later up again. In this case I still believe price over 1000 SAT is feasible if dev starts delivering some updates.

[dewalt]

If the dev wanted to sell it for a profit. It should have been a slow dump. As they can't make much money this last few days.

[raimch89]

some news from dev?

[rmarleal]

Nop. Seems to be missing, must be very busy developing