powerfreestyle
Newbie
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Activity: 14
Merit: 0
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June 26, 2016, 09:29:02 PM |
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Mark this one down.
I think a lot of you that are rushing to get their coins are going to be disappointed with the price initially. I see this as a great long term project, I don't see people knocking down doors for massive BTC buys. Those .3 btc worth of high Bittrex orders won't make much difference. I hope I'm wrong, but I'm not hitting refresh every 5 seconds hoping for a release. If it drops by 30%, I have BTC ready on Bittrex. I see a lot of 'where is my coins' and less ' I just filled out a polo coin request, made a post on Reddit and retweet '.
You can trade a coin in different ways, you know... The typical dump in the beginning, this create panic, other people dump to and you will be able to buy more coins at cheaper prices. Free coins. Depending how big your stake is you can easily move a coin. Lets say you have a 5% stake in this coin 85 BTC. Then you can easily create a crash of 30% below ICO price.and then you can buy 85 BTC + 30% back. Smaller ICOs are much more easy to manipulate. This one is pretty big, so you already need a nice amount of BTC, but coins like LIR with 300 BTC in ICO you can create panic that some people are selling their coins into your hand. BTCs makes BTCs. People with a lot of BTCs can do a lot with the price of a coin. I'm all excited over here. go rise! go rise! go rise!
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szuwi
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June 26, 2016, 09:30:59 PM |
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Mark this one down.
I think a lot of you that are rushing to get their coins are going to be disappointed with the price initially. I see this as a great long term project, I don't see people knocking down doors for massive BTC buys. Those .3 btc worth of high Bittrex orders won't make much difference. I hope I'm wrong, but I'm not hitting refresh every 5 seconds hoping for a release. If it drops by 30%, I have BTC ready on Bittrex. I see a lot of 'where is my coins' and less ' I just filled out a polo coin request, made a post on Reddit and retweet '.
You can trade a coin in different ways, you know... The typical dump in the beginning, this create panic, other people dump to and you will be able to buy more coins at cheaper prices. Free coins. Depending how big your stake is you can easily move a coin. Lets say you have a 5% stake in this coin 85 BTC. Then you can easily create a crash of 30% below ICO price.and then you can buy 85 BTC + 30% back. Smaller ICOs are much more easy to manipulate. This one is pretty big, so you already need a nice amount of BTC, but coins like LIR with 300 BTC in ICO you can create panic that some people are selling their coins into your hand. BTCs makes BTCs. People with a lot of BTCs can do a lot with the price of a coin. guys, calm down - Alty is involved - he knows how to pump coins.
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jwiz168
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June 26, 2016, 09:35:07 PM |
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1700 BTC * 650 USD/BTC = 1105000 USD Price of a Slice of Pizza in New York = 2,50 USD 1105000 USD / 2,50 USD = 442000 Slices of Pizza Dev needs 10 minutes to eat a slice of pizza 442000 Slices of Pizza * 10 minutes = 4420000 minutes = 73666.6667 hours = 3069.44445 days = 8.40 years sooo... we will be able to withdraw for about nine years. Cool such a calculation you got there mate. pizza for life.
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powerfreestyle
Newbie
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Activity: 14
Merit: 0
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June 26, 2016, 09:36:16 PM |
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And ACRE project?
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Soul_eater_123
Legendary
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Activity: 952
Merit: 1000
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June 26, 2016, 09:36:47 PM |
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1700 BTC * 650 USD/BTC = 1105000 USD Price of a Slice of Pizza in New York = 2,50 USD 1105000 USD / 2,50 USD = 442000 Slices of Pizza Dev needs 10 minutes to eat a slice of pizza 442000 Slices of Pizza * 10 minutes = 4420000 minutes = 73666.6667 hours = 3069.44445 days = 8.40 years sooo... we will be able to withdraw for about nine years. Cool Thanks for doing the calculations. The main cost for developing a coin these days comes from feeding the developer. At this rate they will have enough to keep them going for more than 8 years given the high BTC exchange rate. Unfortunately after ethereum raised it's money BTC crashed so they had to reduce Vitalik down to emergency developer rations (only 1 billion calories per day) and he lost a lot of weight.
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szuwi
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June 26, 2016, 09:42:40 PM |
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no, no, no, why you do not understand? sell just before crash - not now
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Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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June 26, 2016, 09:47:02 PM |
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Slowly we rot!
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I know why your pray will never be answered!
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danielj314
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June 26, 2016, 09:54:46 PM |
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I have to be honest. That "wait 10 minutes...I got to eat a piece of pizza" video clip is pretty darn funny. I didn't think it was real until i watched it.
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duke944
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June 26, 2016, 10:13:16 PM |
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Wow, that's harsh. If you want your rise coins that's probably not the best way to get them.
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powerfreestyle
Newbie
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Activity: 14
Merit: 0
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June 26, 2016, 10:16:17 PM |
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Wow, that's harsh. If you want your rise coins that's probably not the best way to get them.
FUD liskers and fan boyz waves
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powerfreestyle
Newbie
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Activity: 14
Merit: 0
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June 26, 2016, 10:23:00 PM |
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Rise will be successful!
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PS1987
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June 26, 2016, 10:30:33 PM |
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So many kiddies here. I thought cryptocurrency is a mainly adult world
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Tripjammer
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June 26, 2016, 10:31:57 PM |
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Damn u guys are brutal! Lmao!
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smoky
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June 26, 2016, 10:33:08 PM |
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Don´t eat that much pizza, before i got my coins
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mistercashking
Legendary
Offline
Activity: 1044
Merit: 1050
@MRCASHKING
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June 26, 2016, 10:34:42 PM |
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im sure dev has a sense of humor.
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powerfreestyle
Newbie
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Activity: 14
Merit: 0
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June 26, 2016, 10:37:45 PM |
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Don´t eat that much pizza, before i got my coins 1 pizza for 10 Rise
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Shkembe
Legendary
Offline
Activity: 1559
Merit: 1001
Epic Private Internet Cash
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June 26, 2016, 10:43:20 PM |
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im sure dev has a sense of humor. Dev has no time for humor! He is eating!
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iambitcoin5
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June 26, 2016, 10:43:32 PM |
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COINS PLEASE!? TODAY? TOMORROW?
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placebo
Legendary
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Activity: 1120
Merit: 1000
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June 26, 2016, 10:45:06 PM |
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Damn u guys are brutal! Lmao!
he deserve it, too much eating is not good
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powerfreestyle
Newbie
Offline
Activity: 14
Merit: 0
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June 26, 2016, 10:46:40 PM |
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COINS PLEASE!? TODAY? TOMORROW? I hope tomorrow
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