groggin
Legendary
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Activity: 1894
Merit: 1001
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February 16, 2014, 07:02:32 AM |
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about the guys dumping coins for dust on exchanges.....
THIS IS HOW THE SCAM WORKS:
An INVESTOR looking to get rich wants to BUY new coins for "DUST"
(1) He creates MULTIPLE accounts...
(2) He dumps coins for "dust" using 1 account
(3) He quickly buys them back using a 2nd account
This fudges the last BUY & SELL trades to trick people into thinking their coins have NO value abd that you'd better hurry up and SELL now for nothing, before your coins become worthless....
this is stupid! But this is how those scamming traders/investors F-CK us miners out of our coins!
Then they sell YOUR coins next week for 10, 100, or 1000X what they bought them for!
Also, miners have no patience in the markets --- always wanting an instant trade ( gimme BTC/LTC Now! ) The investors know this, and sit back while you miners keep trying to undermine one another and dump your coins for less and less than the other sellers ( desperate to get a very small amount of BTC )
If miners understood this and work with each other, rather than against one another, then you will receive fair trade values and get good exchange rates....
Leave your coins for 24hrs on a sell order ( dont worry if they dont sell in an hour or two ) check back the next day and often you will find someone bought YOUR coins for a much HIGHER rate!
thank you 4 posting this had no idea i'd be day trading, lol
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Egory
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Activity: 19
Merit: 0
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February 16, 2014, 07:09:08 AM |
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scroogeMcDuck
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February 16, 2014, 07:22:10 AM |
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Considering how many other coins there are I think we're doing pretty great in the polls.
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crymzyn
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February 16, 2014, 08:37:32 AM |
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I think we don't have to talk about the price all the day, but Topcoin itself. Everything we can help the DEV to improve it, and us to promote it.
Couldn't agree more... speaking of, does anyone have experience with paper wallets? Is it relatively easy to withdraw the coins when you need to use them? Reason I'm asking, is The Heroes Project that we're trying to raise funds for... they all work on Macs. No Mac wallet, so we're having trouble setting up a wallet that they would own/maintain. If anyone could help explain the process, please let me know. Thanks! crymzyn try this but use a small amount to test it http://coinok.pw/wallet/top/Paper wallet instructions for TopCoin in case anyone needs them http://www.reddit.com/r/topcoin/comments/1y1qtc/guide_paper_wallet_instructions_for_topcoin/
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placebo
Legendary
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Activity: 1120
Merit: 1000
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February 16, 2014, 01:19:53 PM |
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really wondering what will happen when we hit 1 TOPCOIN per BLOCK. Network hashrate is in fact still pretty strong, i didn't expect this. Coin price is still pretty wake... Not buying any Topcoins at the moment, but certainly not selling too. I don't know what Counterparty is, but it looks like this coin cannot be mine anymore, so maybe it is not so bad if it is suddenly impossible to mine any Topcoins. Look at the marketcap of Counterparty, if you can have this marketcap with Topcoin then a lot of us will be very happy I only have 14M Topcoins so that is not a lot, but people with +100M will look very happy 9 Counterparty $ 26,194,713 $ 9.89 2,648,756 XCP* $ 148,686 ?
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virtualdn
Legendary
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Activity: 1372
Merit: 1093
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February 16, 2014, 01:21:25 PM |
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1 BTC = 1 BTC
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placebo
Legendary
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Activity: 1120
Merit: 1000
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February 16, 2014, 02:25:08 PM |
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Xivra has been accepted by HOSTDAB http://www.hostdab.com/index.phpNow, i've send a mail to ask if they are maybe interesting in adding Topcoin as well. This looks like a very interesting site, so, why not...
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scroogeMcDuck
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February 16, 2014, 02:27:44 PM |
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Will probably be a couple more weeks until we climb out of the single-digit sato range.
Looking for us to be added on coinmarketcap on March 4th, and we should hit the 1 blocks on March 9th. Then the action begins.
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sib01
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Activity: 29
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February 16, 2014, 03:57:40 PM |
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Someone is being a troll. There is a dumb sell order for 40K Tops for nearly 4 trillion LTC over at Cryptorush. There is not even that many Litecoins to begin with. Please remove the sell order it looks stupid.
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pokeviktor
Sr. Member
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Activity: 562
Merit: 251
ALCEDO
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February 16, 2014, 05:54:53 PM |
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New Faucet incoming and 3 active bonuses in Facebook page! https://www.facebook.com/topcoinWe're 900 users right now an groing! Remember share, speak, mine and donate!
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Manwe
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February 16, 2014, 06:14:29 PM |
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It doesnt matter how much now, but the trading s keep running.
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Neverminds17
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February 16, 2014, 07:45:10 PM |
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any idea where this is going?
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jsrev
Member
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Activity: 68
Merit: 10
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February 16, 2014, 08:14:40 PM |
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any idea where this is going?
Yes... to DA MOON!
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BTC - 1G8gS81BKKnqsCPsQ12X4aehQYpLD3RXeC
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AxiosAmnesia
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Activity: 38
Merit: 0
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February 16, 2014, 08:51:31 PM |
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I think this will be the week Topcoin finally breaks 10 satashi!
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Shenrox
Member
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Activity: 140
Merit: 10
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February 16, 2014, 09:08:38 PM |
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How do you get a coin like this listed on cryptsy?
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mixan
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Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
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February 16, 2014, 09:21:55 PM |
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any idea where this is going?
probably 20-30 in 3 weeks since heavy decreased block amount to 1 coin per block + nice team behind it
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The parasite hates three things: free markets, free will, and free men.
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placebo
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Activity: 1120
Merit: 1000
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February 16, 2014, 11:46:09 PM |
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any idea where this is going?
probably 20-30 in 3 weeks since heavy decreased block amount to 1 coin per block + nice team behind it When you check it to other coins with the same amount of coins available then i have to agree. 20 - 30 is certainly not impossible.
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Manwe
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February 17, 2014, 03:33:14 AM |
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Even DOGE, there is a two months long time of dumping, so just let the stupids dump it.
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scroogeMcDuck
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February 17, 2014, 04:06:35 AM |
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Even DOGE, there is a two months long time of dumping, so just let the stupids dump it.
This. We've reached a consensus that topcoin is a buy and hold coin. Selling now is good to circulate more top into the community, but dumping everything you've got right now to make a quick buck is very foolish. But we can't stop the dumpers from dumping. All we can do is drum up more trade and wait for the price to shoot upward, which it will.
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djslick
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Activity: 980
Merit: 1000
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February 17, 2014, 06:20:22 AM |
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yeah, i think this is the quintessential "instamine" coin where if you didn't get in super early, you don't have a chance, so who's going to want to buy any of it if they know that there are people holding onto %90 of the coin already... imo it kills the coin making the early adopters too greedy... just my opinion, no offense
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