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Author Topic: Primecoin Rise  (Read 712 times)
KennyTheMartian (OP)
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June 14, 2015, 05:28:29 AM
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What is going on with Primecoin and its drastic rise?

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June 14, 2015, 06:28:15 AM
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What is going on with Primecoin and its drastic rise?

People are starting to realise the coin has value. At this rate it may even surpass its older sibling (peercoin). I remember buying 30k primecoin when they were like $0.02 each, sometimes it pays to be a bagholder Grin.
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June 14, 2015, 06:29:25 AM
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Primecoin 24h volume has just passed 1M....wow
KennyTheMartian (OP)
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June 14, 2015, 07:46:53 AM
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Now Litecoin is on fire...damn everything is green LOL  Roll Eyes

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June 14, 2015, 10:24:12 AM
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Primecoin rise looks as a big pump and dump action for me. Very likely, we will see a big dump in the next days.
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June 14, 2015, 11:18:31 AM
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Primecoin rise looks as a big pump and dump action for me. Very likely, we will see a big dump in the next days.

Today it's had a $342,952 volume and a 7% increase in price. The other day it had over half a million dollars volume and only went slightly double it's starting price for the day. During the last month it's only up 4x after all the money thrown at it. There are other altcoins that got pumped 100x over the last week. It's strange that Primecoin hasn't gone higher.
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June 14, 2015, 11:47:35 AM
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Primecoin rise looks as a big pump and dump action for me. Very likely, we will see a big dump in the next days.

Today it's had a $342,952 volume and a 7% increase in price. The other day it had over half a million dollars volume and only went slightly double it's starting price for the day. During the last month it's only up 4x after all the money thrown at it. There are other altcoins that got pumped 100x over the last week. It's strange that Primecoin hasn't gone higher.

Either the bagholders are dumping hard or low / no-fee trading means somebody is just sending coins to themselves, without care for the price.

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June 14, 2015, 12:04:30 PM
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For me this seems like someone knows something, that we don't know yet...
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