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Driendy
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April 27, 2020, 09:39:12 PM |
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Guys what is this kindertrading we see on livecoin. The prices are like at 45cent per coin but it's enough to sell like 1000 coins, the price drop straight by 50%. There is hardly any buyers on the market but the prices are gone up like crazy. This price increase is totally useless, and will end up in 90% correction with massive hit against the trust MNE managed to achieve to date.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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XXXJAYXXX
Newbie
 Offline
Activity: 57
Merit: 0
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April 27, 2020, 10:50:39 PM |
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Guys what is this kindertrading we see on livecoin. The prices are like at 45cent per coin but it's enough to sell like 1000 coins, the price drop straight by 50%. There is hardly any buyers on the market but the prices are gone up like crazy. This price increase is totally useless, and will end up in 90% correction with massive hit against the trust MNE managed to achieve to date.
This is what happens when an asset has no liquidity. There are very few coins on the market(they are all locked in genesis wallets), so the price pumps because no one can sell. There are basically no sellers.. only buyers.. so the price pumps easily with just a few coins being bought... Simple supply metrics.. you are just thinking of it backwards... I will also admit that I feel somewhat sorry for the people buying the small amounts of coins at these prices. They are kind of un-smart.... |
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minereum (OP)
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April 27, 2020, 11:28:31 PM |
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Guys what is this kindertrading we see on livecoin. The prices are like at 45cent per coin but it's enough to sell like 1000 coins, the price drop straight by 50%. There is hardly any buyers on the market but the prices are gone up like crazy. This price increase is totally useless, and will end up in 90% correction with massive hit against the trust MNE managed to achieve to date.
This is what happens when an asset has no liquidity. There are very few coins on the market(they are all locked in genesis wallets), so the price pumps because no one can sell. There are basically no sellers.. only buyers.. so the price pumps easily with just a few coins being bought... Simple supply metrics.. you are just thinking of it backwards... I will also admit that I feel somewhat sorry for the people buying the small amounts of coins at these prices. They are kind of un-smart.... You are forgetting that all the normal addresses v1 balances were taken to v2: https://bitcointalk.org/index.php?topic=4495159.msg54077755#msg54077755 |
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bug6fob53
Newbie
Offline
Activity: 1
Merit: 0
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April 28, 2020, 02:34:37 AM |
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I would hate to see this coin end up like Karatbank coin where everyone looking to make a quick profit flooded the exchanges with thousands of coins at a low price instead of holding. Since there are not that many MNE on the exchanges at the moment everyone who has upgraded and are capable of mining should IMO continue holding and let us dictate the price that we should sell MNE after all its supply and demand we have the supply and there is a demand for this coin. I can see this coin selling well over a $1 per coin if we do not flood the exchanges with low ball priced coins.
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hanspeter77
Legendary
Offline
Activity: 3080
Merit: 1175
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April 28, 2020, 07:08:25 AM |
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Im selling LVL 3 genesis adress if intrest pm me  |
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Driendy
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April 28, 2020, 08:10:07 AM |
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Guys what is this kindertrading we see on livecoin. The prices are like at 45cent per coin but it's enough to sell like 1000 coins, the price drop straight by 50%. There is hardly any buyers on the market but the prices are gone up like crazy. This price increase is totally useless, and will end up in 90% correction with massive hit against the trust MNE managed to achieve to date.
This is what happens when an asset has no liquidity. There are very few coins on the market(they are all locked in genesis wallets), so the price pumps because no one can sell. There are basically no sellers.. only buyers.. so the price pumps easily with just a few coins being bought... Simple supply metrics.. you are just thinking of it backwards... I will also admit that I feel somewhat sorry for the people buying the small amounts of coins at these prices. They are kind of un-smart.... You are forgetting that all the normal addresses v1 balances were taken to v2: https://bitcointalk.org/index.php?topic=4495159.msg54077755#msg54077755It's gone down. With 1000 coins the prices will drop by 50-70%. Imagine just 200$ of liquidation we go back to almost nowhere. |
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Jcga
Legendary
Offline
Activity: 2590
Merit: 1089
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April 28, 2020, 11:16:16 AM |
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Hi everone, I still got some MNE (old tokens) what can i do with them now, maybe too late.
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JohnsonX
Member
Offline
Activity: 120
Merit: 10
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April 28, 2020, 12:33:28 PM |
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Lv1 genesis adresses for sale, at 0.003 Ether (~$0.5)
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Cent21
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April 28, 2020, 03:55:56 PM |
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Hello everyone.. The Livecoin exchange is offline for MNE when the reopening?
Livecoin trading is currently suspended for 1-2 days due to technical maintenance on the MNE token. After that it will reopen normally. 4 days have passed. When will livecoin deposit reopen?? Thank you |
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atchoum6760
Legendary
Offline
Activity: 1904
Merit: 1063
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April 28, 2020, 05:18:18 PM |
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Hello everyone.. The Livecoin exchange is offline for MNE when the reopening?
Livecoin trading is currently suspended for 1-2 days due to technical maintenance on the MNE token. After that it will reopen normally. 4 days have passed. When will livecoin deposit reopen?? Thank you After the pump  |
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FissioncoinXpres
Full Member
Offline
Activity: 325
Merit: 100
aGUARD- Offers Staking, Mining and Masternodes
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April 29, 2020, 02:31:09 AM |
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Saisher
Full Member
Offline
Activity: 2296
Merit: 175
#SWGT PRE-SALE IS LIVE
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April 29, 2020, 04:46:53 AM |
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This has become a thread about about selling their genesis address, instead of the merit of the project, since this is a moderated thread OP can delete these thread and let's goon discussing about the advantages and disadvantages of the project. I would like to know is the mining rewards the same as long as the address is mining? |
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concorde899
Member
Offline
Activity: 163
Merit: 10
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April 29, 2020, 06:33:12 AM |
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As a first real use case, we accept MNE at our Crypto Coffee Shop. The price will be posted inside the shop and will be equal with a medium price of all exchanges where MNE is listed (currently Livecoin). Buyer will pay the gas fees. Enjoy.
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Bulista
Member
Offline
Activity: 168
Merit: 23
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April 29, 2020, 01:58:08 PM |
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As a first real use case, we accept MNE at our Crypto Coffee Shop. The price will be posted inside the shop and will be equal with a medium price of all exchanges where MNE is listed (currently Livecoin). Buyer will pay the gas fees. Enjoy.
And where is your coffee shop? So we can visit one day |
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11mustie11
Newbie
Offline
Activity: 1
Merit: 0
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April 29, 2020, 03:31:36 PM |
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Selling Genesis Addresses Level 1 for 0.05 eth each. PM me or Pm me on telegram @musti75
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voteformeg
Legendary
Offline
Activity: 1932
Merit: 1005
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April 29, 2020, 06:28:37 PM |
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it is not totally clear to me , i have an ethereumwallet which holds a nice amount of ethereum and other tokens but that is also the wallet which holds the minereum and i don't like to put the wallet online, is it possible to upgrade to level 3 without putting my wallet in danger?
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monsterr
Full Member
Offline
Activity: 247
Merit: 113
Maniac
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April 29, 2020, 07:55:59 PM |
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it is not totally clear to me , i have an ethereumwallet which holds a nice amount of ethereum and other tokens but that is also the wallet which holds the minereum and i don't like to put the wallet online, is it possible to upgrade to level 3 without putting my wallet in danger?
No. |
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minereum (OP)
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April 29, 2020, 08:43:33 PM |
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it is not totally clear to me , i have an ethereumwallet which holds a nice amount of ethereum and other tokens but that is also the wallet which holds the minereum and i don't like to put the wallet online, is it possible to upgrade to level 3 without putting my wallet in danger?
Your eth or other tokens are never in danger when you use the v2 platform. The platform never has access to your private keys, other tokens or ether. All the eth amounts you transfer to the platform popup for you to confirm first |
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blassann
Newbie
Offline
Activity: 4
Merit: 0
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April 30, 2020, 01:47:43 AM |
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This is a repost Hey guys, so, I'm looking for a little help and hope that someone is gracious enough to do so Tongue. I currently have 6 level 1 Genesis wallets on 6 different mobile apps (Guarda, Coinomi, ImToken, Paytomat, Enjin Wallet and Magnum) that I would like to sell, but am having some issues. I also have a wallet on TrustWallet that I have already upgraded to level 3 and am sitting on for the long term. How am I to sell the other 6 wallets? Am I to migrate these wallets to TrustWallet (mobile) or MetaMask (desktop) and then sell them on the Minereum V2 website through THEIR platform? If so, then how do I migrate the wallets? Or am I able to just sell those addresses while they remain in my 6 other wallets, and again if so, then how do I do this? |
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monsterr
Full Member
Offline
Activity: 247
Merit: 113
Maniac
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April 30, 2020, 07:29:36 AM |
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How am I to sell the other 6 wallets? Am I to migrate these wallets to TrustWallet (mobile) or MetaMask (desktop) and then sell them on the Minereum V2 website through THEIR platform? If so, then how do I migrate the wallets?
You just need to import your 6 addresses to metamask extension using private keys or seed phrases from your wallets. Then just go to minereum site and sell it in My Address section. |
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