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Author Topic: Missed the doge train? Go on mooncoin. Being pumped up to 100 satoshi and more!!  (Read 2551 times)
Honeypot (OP)
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January 23, 2014, 11:11:39 AM
 #1

On coinex, Mooncoin just rose from 5 to 12 satoshi in less than 12 hours.

Adding moon on to cryptsy is being considered. People are thinking it will be so as soon as this friday or weekend.

Certain whales using 400 btcs are moving the prices up, with gradual efforts bearing fruit - a coin that was considered dead last week which was priced at less than 1 satoshi is now worth 12 satoshi. Some whales are mentioning moving up the prices to 50 times its current value, which is well over 500 satoshi per coin.

The target appears to be 200 satoshis or higher. With the total sell order between current price and 100 satoshi within 400 btc range, this seems doable considering outside buyers also driving the prices up.

Not the least of all, those who tasted the fruits of doge coin train and those who missed the doge coin train last week is now eagerly getting into the game.


All of this means only one thing:


TO THE MOON.


Discuss. Or go and buy. Or do both


Edit: Be aware, a possibility exists that some short-sighted miners who only know how to dump their 24 hours worth of coins, and some weak hands will sell off decent sized quantities to cause a brief 12 to 24 hour slump on the way to the moon.

The key is not to get fooled by this and understand that we have so far been breaking through each successive ceilings and brief slumps and climbing higher every time. This started from 1 satoshi - only way we are going is UP!

This isn't even an ascending triangle. It's past that and is going straight up. There will be bumps on the road, which will present even better opportunities for potential buyers who missed the first rise to buy some more cheaply.

After a brief slump? Another 2-3 times increase. A brief slump. This pattern will repeat itself at least 2 times from now.

Which means 100 satoshi is well within reasonable reach by this weekend, around saturday or so.
usahero
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January 23, 2014, 11:12:57 AM
 #2

Yes, missed the train, not going to join. Nice pump nontheless.

I wish my coins will get pumped like that one day. It is always fun when it happens Cheesy
Honeypot (OP)
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January 23, 2014, 11:23:59 AM
 #3

Yes, missed the train, not going to join. Nice pump nontheless.

I wish my coins will get pumped like that one day. It is always fun when it happens Cheesy

It's still not too late - I think making twice off of this is possible for now. It won't be after 2 days from now though.

Better hurry Smiley
Honeypot (OP)
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January 23, 2014, 11:43:54 AM
 #4

MOONCOIN @ 15 satoshi.
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January 23, 2014, 11:52:25 AM
 #5

No hurry. The time to buy into a pump is at the bottom of the dump.

Just wait until the pump is over, and the following dump is over, then try to buy in at the bottom of the dump.

The way I do this is to pick a place way down near the last low price aka the last dump, and place many many many many many buy orders going down and down and down and down from there, then as my buy orders get bought, start placing sell orders way the heck up high far beyond the highest price ever seen, way up beyond what I hope or expect to see, so that any surprises (it going way the heck higher than I ever dreamed it would) will still find that I already have sell orders sitting there waiting for it "just in case".

Then I gradually work downwards with more and more and more sell orders way up there but sowly stepping a little bit down each time until by the time all my lowball buy orders have been bought my sell orders have filled the sell side of the orderbook all the way down to within a reasonably reachable distance of the current price.

Then I move on to do the same for another coin since it will still maybe take a while before the dump is complete, the price reaches its lowest, all my buy orders that are going to be bought this particular pump-and-dump cycle have been bought and the price climbs up far enough to start eating into my sell orders.

Doing this for a few coins one eventually reaches a point where it is pretty much a full time job to keep entering enough buy and sell orders on enough coins to keep up with all the "greater fools" who are buying up all the highball sell offers.

Obviously once a pump starts you are too late, you need to get your buy orders in place first in order to obtain dirt cheap coins to use for placing sell orders. So you want a coin that is diving in price, but diving slow enough that you can get your lowball buy orders in place before the diving aka dumping phase is over and the next pump phase begins.

Obviously though you also do not want a one-shot pump and dump coin, else once all your buy orders are bought the game is over and you are one of the bag-holders.

So you want a "serial pump and dump" coin, a coin whose bag-holders are not going to give up after the next dump but will keep going with yet another pump...

TL;DR the way to profit on a pump is to already have all your sell orders in place before the pump starts.

-MarkM-

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Honeypot (OP)
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January 23, 2014, 12:41:49 PM
 #6

Not necessarily.

Your methods are useful, but not the only way. It is entirely possible to make decent returns while investing in the early stages of a pump and waiting out until the peak (or the first sign of serious dump).

Obviously attention-intensive, which may be difficult for some people with busy work schedules and so forth.
Honeypot (OP)
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January 23, 2014, 12:54:01 PM
 #7

Mooncoin @ 18 satoshi now. This coin went from 5 to 18 in less than a day.

Expecting 100 any day now Smiley
markm
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January 23, 2014, 12:55:45 PM
 #8

Its still a late start, better to get in on the dump phase, there are enough coins that there is sually one going down while antoher is going up.

This one is going up, its the time to have sell orders in place not the time to place buy orders.

Basically if you are buying on the way up you are one of the "greater fools" being dumped on by those who already bought thus decided it was time to start the pump phase.

In other words if it is going up that is actually the dump phase for the people who already had the coin thus started the pump.

When it is going down that is the buy in phase for those planning to participate in a pump instead of being dumped on during the so called pump.

The words are misleading, the so called pump is really the dump, the so called dump is actually the stock up ready for a pump phase.

(Unless it is the terminal dump of a dying coin.)

"Expecting 100 any day now" means, or should mean, "my sell orders are at 100 and up", not "now is the time to buy" but, rather, "assuming you already own some, placing them as sells lower than 100 might be selling them off cheaper than necessary".

It also though probably means they don't really expect it to reach 100, instead their sell orders are probably much much closer to the current going rate and they are not so much trying to get you to buy their 100 satoshi sells but their current sells sitting right about where the current dumping price is.

They probably want you to buy at current price imagining it will go to 100, while they are selling to you before it reaches 100 since they want to dump them on you before you realise it is not afterall going to go much higher.

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January 23, 2014, 04:32:35 PM
 #9

do you think the price of doge will jump when it hits cryptsy.

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January 23, 2014, 04:33:49 PM
 #10

Well it's at 11 now, touched 20 two hours ago but that was it.

For now...?

Is it really going to cryptsy?
indiemax
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January 23, 2014, 06:39:30 PM
 #11

Lots of rumors of it going onto Cryptsy,if so, it will take off for sure

This coin is ripe for those who missed Doge to get on board

Doge went to the moon, well, the name says it all, moon to the moon  Grin
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January 23, 2014, 06:55:34 PM
 #12

why do you think cryptsy will change anything? check out what happened when earthcoin was listed there
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January 23, 2014, 06:58:31 PM
 #13

Dimecoin has grown x5 within the last 10 days. +75.32% @Coinmarketcap atm!

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January 23, 2014, 07:11:30 PM
 #14

why would it go to 100 satoshi when it has no backing or community

literally no one wants this shit coin

dogecoin was successfully pumped because its worth 200 satoshi

this coin is not worth more than 5 satoshi


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TrollboxChamp
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January 23, 2014, 07:12:27 PM
 #15

I have doubled my money on MOON  Grin Looking for a nother 100% profit Cheesy
indiemax
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January 23, 2014, 07:19:53 PM
 #16

why do you think cryptsy will change anything? check out what happened when earthcoin was listed there

Because that's what happens to all the new coins,the price drops and then it takes off.
Check out what happened to Doge when it was listed,well i'll save you the effort,it tanked

So get in,you snooze,you lose Grin
indiemax
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January 23, 2014, 07:28:38 PM
 #17

It's now on Cryptsy,get in

to the moon  Grin
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January 23, 2014, 07:37:04 PM
 #18

i can't see it on cryptsy?

DHSQBmvzsjmLXCwdaeTzRXpna9WDTwqhVX - like? Doge thank you

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January 23, 2014, 08:24:39 PM
 #19

Ltc/moon  market   Grin

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January 23, 2014, 08:27:09 PM
 #20

I got my hardware money and got out. It's enough for me. I'll leave you guys go for higher goals!
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