YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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February 10, 2014, 12:29:26 AM |
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Good eye. Keep an eye on this. Right now like 80% of existing coins are premine. Scary. With decent volume they could sell it all in day. Not saying that will happen but this is a scary day or two for the coin. Watch closely.
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louiseth1
Legendary
Offline
Activity: 924
Merit: 1000
Bitfarms.io
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February 10, 2014, 12:32:24 AM |
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SuchPool.pw is proud to launch a RapidCoin Poolhttp://rapid.suchpool.pwIf you like stability and reliable mining, SuchPool is the way to go. Join us! Not a single milisecond of downtime! - 1% Pool Fee
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Point your miners at: stratum+tcp://rapid.suchpool.pw:3339Our pool has proven to be stable and trustable. We keep good care of our server and they are managed by pros. We make everthing we can to ensure the best uptime possible! Our team is knowleadgable and can help you start mining. Just ask us! For those curious about it, here are the details about the RapidCoin currency:- Algorithm: Scrypt
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Bitfarms.io - Powering Blockchains with Sustainable Energy
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Gorbash
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February 10, 2014, 12:36:45 AM |
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Dev, can you please comment?
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nunya_coin
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February 10, 2014, 12:38:40 AM |
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Gentlemen, the join the premium mining server today and begone with scam pools and pool hopping. You have found your home. Join up in ##Dedicatedpool with over 100 active members and fun chat all day long. RPD.DEDICATEDPOOL.COMHey, dedicated pool guy! Any chance you'd reconsider the .5 RPD manual & auto payout fee? It seems high due to the slow rate this coin mines at. Love your pool other than that.
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TimFChavez
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 12:41:42 AM |
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Dev, can you please comment? They are setting up for the rapid dump. Spread the premined across many wallets/address so you loss track of it. Make payments to 'so called work' or to 'pool OPs' or what ever and them BOOM the DUMP. It's going to be like the Max coin dump after the pump.
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 12:48:49 AM |
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Dev, can you please comment? Any massive movement of coins needs to be listed to who and what for immediately. Not good.
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ManOnTheMoon
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February 10, 2014, 12:50:09 AM |
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HAHAHAHA AT CURRENT PRICE I MADE 1.4$ MINING THIS SHITCOIN....30 RAPIDCOIN MINING FOR NOTHING...FUCK YOU DEV PREMINED LITTLE SHITHEAD.
Dump this now and invest in something Stable™
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ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 12:53:12 AM |
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HAHAHAHA AT CURRENT PRICE I MADE 1.4$ MINING THIS SHITCOIN....30 RAPIDCOIN MINING FOR NOTHING...FUCK YOU DEV PREMINED LITTLE SHITHEAD.
Dump this now and invest in something Stable™
That is why you should have sold when the price was .0005. I sold 525 rpd at .00043. Good profit for 20 hours of mining at 5 m/h
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 12:55:50 AM |
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I did have to quit mining for now because price is too low and diff too high. No money in mining it for now.
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ManOnTheMoon
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February 10, 2014, 12:58:48 AM |
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I did have to quit mining for now because price is too low and diff too high. No money in mining it for now.
Time to move on to next pump - PKR.
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ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 01:02:14 AM |
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I did have to quit mining for now because price is too low and diff too high. No money in mining it for now.
Time to move on to next pump - PKR. Where to next?
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atheistftwins
Member
Offline
Activity: 112
Merit: 10
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February 10, 2014, 01:02:43 AM |
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Dev, can you please comment? Man and I was about to buy some too at these low prices. But this made me pull out my buy order. Without a good answer from the dev, this coin is extremely risky.
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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February 10, 2014, 01:05:13 AM |
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Well I just did the numbers. Regardless of what happens I don't see how the price cannot go only up. I am getting a market cap of like $40,000 right now. Pretty sure that is insanely low.
Even if dev left this coin will still be at least $120k cap within a day. There is no coin on the exchange at 40k.
I know everyone has a calculator. If dev sold all the coins already then he's gone and the price would rise. lol... it's a win.. win win. And at the current cap he could have already sold over half the coins by now already.
So everyone left makes money. Even all the people that bought them. He would have been foolish to sell them this early anyways.
This will be fun. I'm not too worried.
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Gorbash
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February 10, 2014, 01:06:50 AM |
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Man and I was about to buy some too at these low prices. But this made me pull out my buy order. Without a good answer from the dev, this coin is extremely risky.
Hope he is not too busy selling the premine and he will present us with a coherent and convincing answer.
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atheistftwins
Member
Offline
Activity: 112
Merit: 10
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February 10, 2014, 01:07:46 AM |
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Well I just did the numbers. Regardless of what happens I don't see how the price cannot go only up. I am getting a market cap of like $40,000 right now. Pretty sure that is insanely low.
Even if dev left this coin will still be at least $120k cap within a day. There is no coin on the exchange at 40k.
I know everyone has a calculator. If dev sold all the coins already then he's gone and the price would rise. lol... it's a win.. win win. And at the current cap he could have already sold over half the coins by now already.
So everyone left makes money. Even all the people that bought them. He would have been foolish to sell them this early anyways.
This will be fun. I'm not too worried.
There's no way he sold all the coins, there's no volume for that yet. He could easily do a dump round 2 or round 3 and drive the price to the ground. Next he would shut down the site (why pay for a site when you have no use for it anymore?) and all the miners will bail cause the price will be so low. If the dev dumps, this coin dies. Simple as that. You should definitely be worried.
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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February 10, 2014, 01:13:12 AM |
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Well I just did the numbers. Regardless of what happens I don't see how the price cannot go only up. I am getting a market cap of like $40,000 right now. Pretty sure that is insanely low.
Even if dev left this coin will still be at least $120k cap within a day. There is no coin on the exchange at 40k.
I know everyone has a calculator. If dev sold all the coins already then he's gone and the price would rise. lol... it's a win.. win win. And at the current cap he could have already sold over half the coins by now already.
So everyone left makes money. Even all the people that bought them. He would have been foolish to sell them this early anyways.
This will be fun. I'm not too worried.
There's no way he sold all the coins, there's no volume for that yet. He could easily do a dump round 2 or round 3 and drive the price to the ground. Next he would shut down the site (why pay for a site when you have no use for it anymore?) and all the miners will bail cause the price will be so low. If the dev dumps, this coin dies. Simple as that. You should definitely be worried. 25 BTC volume already that is $20,000 and the cap is $50k. Math. Almost half the coins that exist have turned over already.
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 01:16:34 AM |
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can anyone justify the current price? (0.00119000) why so expensive?
to all those dumpers out there.. Are you fking weak in maths or are you just plain stupid ? what is it ? why are you in a hurry to dump all the coins. you have spend money on mining equipment and spending money on electricity ( may be or stealing) so have some patience People just learned nothing from SmartCoin lesson. I will buy in after few days at 0.00005000. Price now is overvalued... It will start to fall and after Hashrate will be at 200 MH/s, it will be best time to get into this train. Now it's perfect time to dump. I have no coins, but will wait untill price drop. you're such a troll. You just want people to get scared and dump so you can buy in with your .02 btc Now, you see why the people who have done this more than a few times sell coins when price is at peak, price is now .00009 down from .0005. That is a lot of money between those two. And now people are asking where dev sent 100k of coins too. I always take the bird in hand, the other two in the bush can be a mothereffer
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atheistftwins
Member
Offline
Activity: 112
Merit: 10
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February 10, 2014, 01:17:29 AM |
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Well I just did the numbers. Regardless of what happens I don't see how the price cannot go only up. I am getting a market cap of like $40,000 right now. Pretty sure that is insanely low.
Even if dev left this coin will still be at least $120k cap within a day. There is no coin on the exchange at 40k.
I know everyone has a calculator. If dev sold all the coins already then he's gone and the price would rise. lol... it's a win.. win win. And at the current cap he could have already sold over half the coins by now already.
So everyone left makes money. Even all the people that bought them. He would have been foolish to sell them this early anyways.
This will be fun. I'm not too worried.
There's no way he sold all the coins, there's no volume for that yet. He could easily do a dump round 2 or round 3 and drive the price to the ground. Next he would shut down the site (why pay for a site when you have no use for it anymore?) and all the miners will bail cause the price will be so low. If the dev dumps, this coin dies. Simple as that. You should definitely be worried. 25 BTC volume already that is $20,000 and the cap is $50k. Math. Almost half the coins that exist have turned over already. Right now something like 70-80% of all coins belongs to the dev. So even if he was the one selling every single coin on the exchange right now (unlikely), he still would have more to sell. Then he shuts down support, faucets, website etc. Miners start to bail. If the dev is dumping right now, this coin is already dead.
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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February 10, 2014, 01:20:27 AM |
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If not then all this talk is a great way to get coins 70% off.
I am pretty sure the dev was posting just hours ago.
Guess we will see. It's going one way or the other. Place your bets. Could always community takeover if it's worth it. Or just leave it be and get listed on CMC and watch cap go to $200k in day from $50k. lol...
Either way like I said. Not worried but sure be careful.
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AtlantisPlatform
Member
Offline
Activity: 98
Merit: 10
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February 10, 2014, 01:21:21 AM |
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[/quote]
Right now something like 70-80% of all coins belongs to the dev. So even if he was the one selling every single coin on the exchange right now (unlikely), he still would have more to sell.
Then he shuts down support, faucets, website etc.
Miners start to bail.
If the dev is dumping right now, this coin is already dead. [/quote]
Absolutely it would be dead, I already had to quit mining because price is too low and diff too high. I can't pin my hopes far in the future that this coin will rise back up again. If dev did dump then we are screwed. I mine for what is right now and what coin makes the most money. Period. Hopefully dev has a reassuring answer for the 100k
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