dr_chen (OP)
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September 24, 2013, 01:04:16 PM |
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All the people at mcxnow sold their xpm, their ltc and other coins to buy mcxFEE.
The price has been going up from 0.2 to 0.9.
And the price for xpm has been down and down, it may be dead, what the fuck mcxFEE it is.
If XPM is dead, where is the fee?
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Eli0t
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September 24, 2013, 01:10:06 PM |
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its not a coin, its a stock For each mcxFEE you own you receive 0.001% of all exchange fees mcxNOW generates. Earnings are currently paid ever 6 hours and are a 1:1 correlation to fees/revenue generated. 5000 have currently been released to public out of 100000 total. Another 45000 will be sold eventually so that the public can earn upto half of what the exchange generates. mcxFEE Released: 5000 Total mcxFEE: 100000 (50000 will always be kept for server costs)
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LTC: LKpJf3uk7KsHU73kxq8iFJrP1AAKN7Yni7 DGC: DKXGvEbj3Rwgrm2QQbRyNPDDZDYoq4Y44d XPM: AWV5AKfLFyoBaMjg9C77rGUBhuFxz5DGGL
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jdebunt
Legendary
Offline
Activity: 1596
Merit: 1010
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September 24, 2013, 01:58:11 PM |
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All the people at mcxnow sold their xpm, their ltc and other coins to buy mcxFEE.
The price has been going up from 0.2 to 0.9.
And the price for xpm has been down and down, it may be dead, what the fuck mcxFEE it is.
If XPM is dead, where is the fee?
ever considered the fact that XPM doesn't do anything groundbreaking to maintain or increase it's value could be a cause?
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Magic8Ball
Legendary
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Activity: 1050
Merit: 1000
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September 24, 2013, 02:01:51 PM |
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Once the inevitable fall starts, it will be interesting to see at what price it settles.
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QuantPlus
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September 24, 2013, 03:04:00 PM |
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All the people at mcxnow sold their xpm, their ltc and other coins to buy mcxFEE.
The price has been going up from 0.2 to 0.9.
And the price for xpm has been down and down, it may be dead, what the fuck mcxFEE it is.
If XPM is dead, where is the fee?
ever considered the fact that XPM doesn't do anything groundbreaking to maintain or increase it's value could be a cause? Ya man, about $500,000 has shifted from Alts like XPM to mcxFEE shares... Nobody even bothers doing the math. And mcxNOW deliberately makes it hard to do any sort of basic financial analysis... Posting all kinds of false and unexplained numbers for Percent Return on the shares.
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Disastrus
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September 24, 2013, 03:06:59 PM |
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One has to realize who the owner is..
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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September 24, 2013, 03:26:45 PM |
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it's not about the fact that money shifted from XPM to MCXFee shares, i can see that for myself, tyvm.
the question should rather be : WHY XPM? Because there is no innovation.
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dragonkid
Member
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Activity: 84
Merit: 10
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September 24, 2013, 03:29:23 PM |
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mcxFEE is not a coin, it is a share of mcxNOW exchange which you buy.
Actually XPM does goes up too. You just need to be there at the right time.
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Disastrus
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September 24, 2013, 04:01:20 PM |
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a paranoid, bi-polar, person....who safe guards your money!
he will, because he promised...
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lazlopanaflex
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September 24, 2013, 04:24:54 PM |
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lol, subject made me laff....we have no fucks to give
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Disastrus
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September 24, 2013, 04:47:04 PM |
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I think you know.
the question is, do THEY know...
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QuantPlus
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September 24, 2013, 05:48:48 PM |
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lol, subject made me laff....we have no fucks to give You are wrong. How fuck is this coin? As fuck as you want it to be, man.
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QuantPlus
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September 24, 2013, 05:59:23 PM |
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a paranoid, bi-polar, person....who safe guards your money!
he will, because he promised...
How do I know this isn't just FUD? ~BCX~ Seriously, mcxNOW is now valued at $12,000,000... And your buddy RS has only managed to monetize 5%... A measly 5% @ 0.1 BTC = $60,000. This is for an exchange that is GROSSING maybe 3 BTC/day. There is only one possible move here = you keep things running smoothly. Then you either sell more shares to the public... Or sell the whole exchange to another party.
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Tomatocage
Legendary
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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September 24, 2013, 06:03:19 PM |
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It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
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Charles999
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September 24, 2013, 06:05:02 PM |
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YEP, looks like it's setting up for a big big fall down to reality. Get ready to buy shares at .3 again soon. a paranoid, bi-polar, person....who safe guards your money!
he will, because he promised...
How do I know this isn't just FUD? ~BCX~ Seriously, mcxNOW is now valued at $12,000,000... And your buddy RS has only managed to monetize 5%... A measly 5% @ 0.1 BTC = $60,000. This is for an exchange that is GROSSING maybe 3 BTC/day. There is only one possible move here = you keep things running smoothly. Then you either sell more shares to the public... Or sell the whole exchange to another party.
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smoothie
Legendary
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Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
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September 24, 2013, 06:18:07 PM |
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It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC. So his entire supply of shares is worth ~99,100 BTC. Which is again laughable.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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sumantso
Legendary
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Activity: 1050
Merit: 1000
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September 24, 2013, 07:28:20 PM |
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It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC. So his entire supply of shares is worth ~99,100 BTC. Which is again laughable. You can't measure it this way. Right now it is being seen as a game - people are buying/selling to make money. I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.
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mr_random
Legendary
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Activity: 1344
Merit: 1001
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September 24, 2013, 07:43:18 PM |
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I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.
People are just buying it because it keeps going up in price. AKA bubble. If you work out the dividends even 0.3 is overpriced compared to other Bitcoin stocks out there. Don't get me wrong, obviously I would have loved to have gotten in at 0.2 but people buying now are simply not being analytical.
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nobbynobbynoob
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September 24, 2013, 07:45:30 PM |
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I got in (a little) at BTC0,285 but sold out too soon. Now waiting for the bubble to pop.
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coldbreeze16
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September 24, 2013, 08:11:28 PM |
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It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC. So his entire supply of shares is worth ~99,100 BTC. Which is again laughable. You can't measure it this way. Right now it is being seen as a game - people are buying/selling to make money. I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends. The greater fool theory at work, Sir.
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