HairyT
Newbie
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Activity: 4
Merit: 0
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June 15, 2017, 09:37:08 AM |
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If you look at the exchange, sure China is buying up every dead coin known to man at the moment.
If you look at MEC's blockchain however, there is not a lot of MEC being sent from wallet to wallet.
So yes, there are "reasons" the price is up, but probably not why you think.
with the low value attatched to MegaCoin why the hell would you even bother to spend it? If you remotely believe MegaCoin will have a resurgence then trading at these prices is robbing yourself. I think that's a major problem for a lot of old coins. Valuations drop on a loss of investor confidence then the trading volume drops because those who believe it might comeback refuse to dump at low prices or for a loss. If some people with deep pockets figure this out they can go buy up the available supply on 'dead' or 'hibernating' coins and breathe life into the market at an extreme profit. I believe has been happening and will continue. I do not believe there is a resurgence at all. The handful of old dead coins that recently skyrocketed all have one thing in common, they trade almost exclusively on btc38.com So my thinking is that the "deep pockets" are not buying MEC and the others because they fans of the coins themselves. Something else is going on. Something else these revived alts have in common....A certain exchange operator who fled to China with a lot of people's coins would have had a lot of them.
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LIMX SUPPORT
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June 20, 2017, 01:54:46 PM |
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BIG PUMP IN CHINA!really nice to see megacoin alive
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LIMX SUPPORT
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June 20, 2017, 01:59:03 PM |
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just a small kimoto joke...but noone really knows his identity.
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Guido
Legendary
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Activity: 1061
Merit: 1001
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June 20, 2017, 06:02:34 PM |
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Megacoin has to be back on Bittrex with this cap and volume, its going to keep going up on btc38 and volume and buy orders are crap on cryptopia favourite and rt this tweet to bittrex and comment! https://twitter.com/GetJoeOut/status/877222265066328066
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I am Bonkers BTW Crypto OG + Digital Artist
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LIMX SUPPORT
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June 23, 2017, 03:16:12 PM |
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and the megacoin pump goes on...mec has more volume on btc38 than bitcoin. btc38 has more than 200.000 users, go megacoin go!
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Guido
Legendary
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Activity: 1061
Merit: 1001
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June 24, 2017, 12:58:23 AM |
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are cryptopia sellers crazy? 19215 sats in btc38 currently, each mec 9000 on cryptopia tweet bittrex and get them to readd, they don't need to go through all the rigmorole as was previously listed all megacoin community members get tweeting them 17.5 million 24 hour volume in china http://coinmarketcap.com/currencies/megacoin/#markets
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I am Bonkers BTW Crypto OG + Digital Artist
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vtr99
Legendary
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Activity: 1214
Merit: 1000
Never compromise your standards!
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June 26, 2017, 04:03:57 PM |
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are cryptopia sellers crazy? 19215 sats in btc38 currently, each mec 9000 on cryptopia tweet bittrex and get them to readd, they don't need to go through all the rigmorole as was previously listed all megacoin community members get tweeting them 17.5 million 24 hour volume in china http://coinmarketcap.com/currencies/megacoin/#marketsI've never had any luck trying to trade on BTC38.
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nobodywanttocry
Member
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Activity: 126
Merit: 14
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June 26, 2017, 04:12:34 PM |
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are cryptopia sellers crazy? 19215 sats in btc38 currently, each mec 9000 on cryptopia tweet bittrex and get them to readd, they don't need to go through all the rigmorole as was previously listed all megacoin community members get tweeting them 17.5 million 24 hour volume in china http://coinmarketcap.com/currencies/megacoin/#marketsI've never had any luck trying to trade on BTC38. Why? btc38 is a very good exchange in China.
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nbk
Member
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Activity: 132
Merit: 10
MEGACOIN
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June 27, 2017, 05:43:33 PM |
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I have read on btc38 that 7 coins get a core update, which is paid by btc38. Can anybody confirm this? Is it possible that megacoin is one of these coins?
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MΣC: MDnML1znxhbfrSX5nU2GqP5FjbB4Gwpqsj
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sharknutzz
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June 27, 2017, 10:46:31 PM |
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MEC price is up over 2000% in 3 months. I don't believe in coincidence.
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nbk
Member
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Activity: 132
Merit: 10
MEGACOIN
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July 04, 2017, 07:46:34 PM |
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I have read on btc38 that 7 coins get a core update, which is paid by btc38. Can anybody confirm this? Is it possible that megacoin is one of these coins?
the invitation of tenders on btc38 goes until 15.7.2017 -> this could be a great day for megacoin!
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MΣC: MDnML1znxhbfrSX5nU2GqP5FjbB4Gwpqsj
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*Sakura*
Legendary
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Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
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July 09, 2017, 03:45:30 PM |
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MEC price is up over 2000% in 3 months. I don't believe in coincidence. Yeah, I remember the times when MEC was above $1.
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nbk
Member
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Activity: 132
Merit: 10
MEGACOIN
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July 18, 2017, 10:23:25 AM |
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website is down
forum is down
explorer not available
what about the dev fund?
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MΣC: MDnML1znxhbfrSX5nU2GqP5FjbB4Gwpqsj
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sharknutzz
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July 22, 2017, 05:33:05 PM |
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I can't remember, who is actually holding the private key for the dev fund address? Seems like there is enough value present in the dev fund to attract would-be developers, although it seems like it's actually BTC38's coin at this point and whatever they want to do with it will probably be the law of the land. For the sake of history and speculation, I'll even guess that kimoto and BTC38 have had some talks. Any other guesses on why MEC miraculously went from nill to 2+ CNY? http://www.btc38.com/trade.html?btc38_trade_coin_name=MEC
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sharknutzz
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August 05, 2017, 05:49:21 PM |
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Possible reasons? - Nobody knows
- Nobody cares
- Kimoto returned from his spacecraft and visited btc38
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shveicar
Legendary
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Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
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August 08, 2017, 09:20:55 AM |
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What or who keeps this coin afloat Is it Chinese investors or just BTC38 exchange support? Megacoin blockchain is still unworkable, why do I see the gray color on the site coinmarketcap.com?
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g1itch
Member
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Activity: 228
Merit: 10
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August 08, 2017, 05:05:36 PM |
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What or who keeps this coin afloat Is it Chinese investors or just BTC38 exchange support? Megacoin blockchain is still unworkable, why do I see the gray color on the site coinmarketcap.com? As I can see the blockchain works like a charm. $ megacoind getinfo { "version" : 179600, "protocolversion" : 70001, "walletversion" : 60000, "balance" : ^_^ "blocks" : 847531, "timeoffset" : -1, "connections" : 6, "proxy" : "127.0.0.1:9050", "difficulty" : 647.65699783, "testnet" : false, "keypoololdest" : 1447787942, "keypoolsize" : 101, "paytxfee" : 0.00000000, "errors" : "" }
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CryptoBrokerIO
Newbie
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Activity: 51
Merit: 0
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August 12, 2017, 12:41:07 AM |
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Crypto Broker Mining Pool - Added Megacoin https://pool.cryptobroker.io/mec- Auto-Profit Switching Port (Equihash & Scrypt)
- Automatic Payouts
- Affiliate Commission
The mining pool update allows users to mine the most profitable coin based on algorithm. Automatic payouts can be setup to withdrawal coins to your exchange of choice. Servers have been upgraded and redundancies/alerts enhanced offering a more reliable mining pool setup.
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vtr99
Legendary
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Activity: 1214
Merit: 1000
Never compromise your standards!
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August 12, 2017, 02:19:20 PM |
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Possible reasons? - Nobody knows
- Nobody cares
- Kimoto returned from his spacecraft and visited btc38
The problem with Megacoin has always been "Nobody knows". Virtually every coin is driven by speculation, but Megacoin fans have always needed an extra measure of faith. I really miss those early days when the impossible seemed inevitable.
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