brokedummy
Legendary
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Activity: 980
Merit: 1004
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February 22, 2014, 12:04:48 AM |
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Hello there MintCoin community. What a ride the last 24 hours have been! We are all feeling pumped aren't we?
I just sold all my MintCoin today, there has been so much volume come through driving up this price the last 24hrs (420+ Bitcoins or $240,000 cash money) that it is simply unsustainable. A quarter million dollars of mostly buys is certainly likely done by a big player or syndicate. If it is a true long-term investor, he will not keep buying this way as he knows he has inflated his buy price to obtain such a huge amount of coins. If it is a 'pump-n-dump' scam group like Wolong that the crypto-lemmings are so fond of, well, then things could get pretty ugly.
The Miners who were wise enough to not sell at 3-6 satoshi are going to start hitting the exits hard at the first sign that the big buyer is gone. Also current mining is now 5x more profitable than it was back at 3 Satoshi, I would not be surprised if Coinwarz or another huge outfit slams this coin back down to below 10 satoshi area.
I am still bullish on MintCoin in the long-term however, so don't get me wrong here. I am just saying if you sell at these prices you will be able to buy back in at a much better entry point, and really increase the number of coins you own with the same amount of BTC.
I am actually rolling out some of my profits in MintCoin to invest in Earthcoin, as it is crazy cheap at its current 75 satoshi price.
Just my opinion, but in two days when MintCoin is back at 7 satoshi don't say I didn't warn you.
I am hodling mint long, keep your EAC. I don't think we see 7 again. I don't think we see 10 again. Maybe 11. That's the bottom now.
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Alakazam2000
Member
Offline
Activity: 98
Merit: 10
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February 22, 2014, 12:11:28 AM |
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I put a buy order @8 satoshi. I think it will get filled soon
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brokedummy
Legendary
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Activity: 980
Merit: 1004
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February 22, 2014, 12:17:25 AM |
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Difficulty is 37 and the trolls want cheap coins. HMMMM... Time to buy.
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guidosuller
Full Member
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Activity: 156
Merit: 100
Guido
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February 22, 2014, 12:42:22 AM |
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blooommm
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slntdth7
Newbie
Offline
Activity: 57
Merit: 0
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February 22, 2014, 01:08:04 AM |
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The Miners who were wise enough to not sell at 3-6 satoshi are going to start hitting the exits hard at the first sign that the big buyer is gone. Also current mining is now 5x more profitable than it was back at 3 Satoshi, I would not be surprised if Coinwarz or another huge outfit slams this coin back down to below 10 satoshi area.
Mining is 5x more profitable? How so? Difficulty has skyrocketed....I'm making about the same and even less(at times) than 3 days ago(before this pump) if I'm looking out how much BTC I am getting a day.....so tell me how mining is more profitable? Troll Plus the difficulty adjusts so fast, if a huge outfit like Coinwarz hit this coin then the diff would adjust right away....TROLL
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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February 22, 2014, 01:14:38 AM |
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Hello there MintCoin community. What a ride the last 24 hours have been! We are all feeling pumped aren't we?
I just sold all my MintCoin today, there has been so much volume come through driving up this price the last 24hrs (420+ Bitcoins or $240,000 cash money) that it is simply unsustainable. A quarter million dollars of mostly buys is certainly likely done by a big player or syndicate. If it is a true long-term investor, he will not keep buying this way as he knows he has inflated his buy price to obtain such a huge amount of coins. If it is a 'pump-n-dump' scam group like Wolong that the crypto-lemmings are so fond of, well, then things could get pretty ugly.
Exactly the same thing happened with Vertcoin when it was around the same market cap (1 million dollars). It then exploded up to $7 million dollars market cap in 3 days when it was added to more exchanges. This coin also has the added advantage of sharply decreasingly block rewards which will limit miners dumping each week plus it will promote the belief that the price will rise as the coin becomes rarer. I've been in this community a long time. I know a snowballing coin when I see one.
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paspi
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February 22, 2014, 01:17:45 AM |
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(Unofficial) Ubuntu PPA for MintCoin is now available! Currently contains MintCoin 1.3 compiled from github sources. https://launchpad.net/~keremhd/+archive/mintcoin-unofficial/sudo add-apt-repository ppa:keremhd/mintcoin-unofficial sudo apt-get update sudo apt-get install mintcoind mintcoin-qt
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MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
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Gingermod
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February 22, 2014, 01:21:04 AM |
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Hello there MintCoin community. What a ride the last 24 hours have been! We are all feeling pumped aren't we?
I just sold all my MintCoin today, there has been so much volume come through driving up this price the last 24hrs (420+ Bitcoins or $240,000 cash money) that it is simply unsustainable. A quarter million dollars of mostly buys is certainly likely done by a big player or syndicate. If it is a true long-term investor, he will not keep buying this way as he knows he has inflated his buy price to obtain such a huge amount of coins. If it is a 'pump-n-dump' scam group like Wolong that the crypto-lemmings are so fond of, well, then things could get pretty ugly.
Exactly the same thing happened with Vertcoin when it was around the same market cap (1 million dollars). It then exploded up to $7 million dollars market cap in 3 days when it was added to more exchanges. This coin also has the added advantage of sharply decreasingly block rewards which will limit miners dumping each week plus it will promote the belief that the price will rise as the coin becomes rarer. I've been in this community a long time. I know a snowballing coin when I see one. You clearly don't. With the rapidly decreasing reward, the value of early mined coins will become extremely valuable in comparison to when they were first mined. Meaning this coin is very prone to pump n' dumps which is precisely what's happening right now.
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brokedummy
Legendary
Offline
Activity: 980
Merit: 1004
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February 22, 2014, 01:21:57 AM |
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I'm so glad I traded out 3 million topcoin for 3 million mintcoin when I had the chance. I can't wait to get my topcoins back for a fraction of that. What do you guys think I should wait for? 100k mint for 3 million top?
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brokedummy
Legendary
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Activity: 980
Merit: 1004
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February 22, 2014, 01:23:01 AM |
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Diff is 60, sell now and cry.
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Gingermod
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February 22, 2014, 01:31:01 AM |
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Hello there MintCoin community. What a ride the last 24 hours have been! We are all feeling pumped aren't we?
I just sold all my MintCoin today, there has been so much volume come through driving up this price the last 24hrs (420+ Bitcoins or $240,000 cash money) that it is simply unsustainable. A quarter million dollars of mostly buys is certainly likely done by a big player or syndicate. If it is a true long-term investor, he will not keep buying this way as he knows he has inflated his buy price to obtain such a huge amount of coins. If it is a 'pump-n-dump' scam group like Wolong that the crypto-lemmings are so fond of, well, then things could get pretty ugly.
Exactly the same thing happened with Vertcoin when it was around the same market cap (1 million dollars). It then exploded up to $7 million dollars market cap in 3 days when it was added to more exchanges. This coin also has the added advantage of sharply decreasingly block rewards which will limit miners dumping each week plus it will promote the belief that the price will rise as the coin becomes rarer. I've been in this community a long time. I know a snowballing coin when I see one. Yep, I bought into Mint yesterday in the 7 range right before liftoff. I discovered a real gem! (I think) Why a new coin holder like me is excited: - New and different from the rest.-Combines the best of PPC and DOGE. -Level Roll-out -New website/logo -Encouragement to hoard. -Dividend paying This is the only investment grade coin! I give it a Triple A rating with a price target that competes with Doge and makes a PPC owner wish they had some. Investment grade coin bucks the trend. All arrows are red and pointing down except the "HOARDING COIN" Where it pays to Hoard. Why people will be buying it after March 15th? Cause it will pay out interest/ dividends. This coin stands tall and far apart from the others. Thanks for the great welcoming from the BipolarTrader! Long strong and a MINT HOARDER. I don't care if it goes lower or higher, buying everyday till March! This is my retirement. Its like an annuity. Or stock in a BlueChip! Where is all this coin shit going: Well, Wall Street needs a way to issue Stock of companies w/o the need for Naked Short Selling. This system makes sure there is no Naked Selling. All stocks of company will be issued this way. Keep the tech moving! Thanks from a Wall Street Trader. Yah, the Bipolar trader, looking for the interest bearing hedge. Thanks MintCOIN! [citation needed]
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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February 22, 2014, 01:33:10 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
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GEO, RLC & QRL.
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Squeegie
Member
Offline
Activity: 98
Merit: 10
Mine for your life
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February 22, 2014, 01:33:56 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I don't think it will,the hype is getting bigger and bigger and Diff is skyrocking.
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Sparkzor
Member
Offline
Activity: 112
Merit: 10
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February 22, 2014, 01:35:01 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I had 1.6 or 1.7 million MINT today when I woke up. That was worth ~0.25@15 sat. Now I have almost 0.5, I really hope I can buy some more and then sell a bit higher before I go to bed
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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February 22, 2014, 01:35:47 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I don't think it will,the hype is getting bigger and bigger and Diff is skyrocking. I have some already I just want more at a cheaper price I wish I got more at 7 last night now. The thing is if it gets put on Cryptsy in the next few days it will truly explode, it has enough volume as it is and I don't wanna miss the rocket.
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GEO, RLC & QRL.
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Squeegie
Member
Offline
Activity: 98
Merit: 10
Mine for your life
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February 22, 2014, 01:38:23 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I don't think it will,the hype is getting bigger and bigger and Diff is skyrocking. I have some already I just want more at a cheaper price I wish I got more at 7 last night now I wish i'd keept mine at 7 yesterday
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Gingermod
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February 22, 2014, 01:39:27 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I had 1.6 or 1.7 million MINT today when I woke up. That was worth ~0.25@15 sat. Now I have almost 0.5, I really hope I can buy some more and then sell a bit higher before I go to bed Don't be chasing your tail! Get in on the interest-bearing coin vehicle ride! The only coin out there that pays to HOARD! Sell all your other shitcoins and buy one that matters, one that is different, one that has incentive to HOARD! for longevity. Stop shilling please.
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Sparkzor
Member
Offline
Activity: 112
Merit: 10
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February 22, 2014, 01:40:39 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I had 1.6 or 1.7 million MINT today when I woke up. That was worth ~0.25@15 sat. Now I have almost 0.5, I really hope I can buy some more and then sell a bit higher before I go to bed Don't be chasing your tail! Get in on the interest-bearing coin vehicle ride! The only coin out there that pays to HOARD! Sell all your other shitcoins and buy one that matters, one that is different, one that has incentive to HOARD! for longevity. In my opinion it's better that I take my opportunity to get more MINT while I can! I'm holding KDC and MINT atm, these will skyrocket (and with supernatural power fuel) within 2 weeks
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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February 22, 2014, 01:40:48 AM |
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If it goes back to 10 I'm gunna buy 1 BTC worth
I don't think it will,the hype is getting bigger and bigger and Diff is skyrocking. I have some already I just want more at a cheaper price I wish I got more at 7 last night now I wish i'd keept mine at 7 yesterday Ohh damn Just hope it doesn't get put on Cryptsy soon or we won't be seeing 7 again!
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GEO, RLC & QRL.
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