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CatKiwi
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March 16, 2014, 07:24:49 PM |
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Payment confirmed received by our Multipool 7 hours ago while I slept. The Hashrate is still low but I expect people were waiting for confirmed payouts before directing their rigs at it.
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StolenCoinSalesman
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March 16, 2014, 07:29:16 PM |
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What exchange is the multipool going to use to purchase the coins?
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mgburks77
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March 16, 2014, 07:30:22 PM |
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If people are receiving mint from the multi-pool and then autoselling it, wouldn't that just hold the price down in much the same manner as someone selling off a large hoard acquired via PoW mining?
I think this will just make the price issue worse. We got a little pump last night because people were excited but the price is still the same as it was before.
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CatKiwi
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March 16, 2014, 07:32:39 PM |
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If people are receiving mint from the multi-pool and then autoselling it, wouldn't that just hold the price down in much the same manner as someone selling off a large hoard acquired via PoW mining?
I think this will just make the price issue worse. We got a little pump last night because people were excited but the price is still the same as it was before.
No, because if someone wants BTC then they will mine the most profitable coin and sell it for BTC. Only a moron would mine the most profitable coin, sell for BTC, buy Mint, sell for BTC. |
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deadmanwalking
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March 16, 2014, 07:36:34 PM |
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If people are receiving mint from the multi-pool and then autoselling it, wouldn't that just hold the price down in much the same manner as someone selling off a large hoard acquired via PoW mining?
I think this will just make the price issue worse. We got a little pump last night because people were excited but the price is still the same as it was before.
We need a higher hashrate, when the pool operator buys I suspect he buys from sell orders, which would drive the price up. |
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CatKiwi
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March 16, 2014, 07:44:13 PM |
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One man is dumping this coin right now. I have no idea why but it is just one man - watch the order book, watch the market history, sell orders instantly removed from 4 different places, dumped the entire 15 buywall. He will be sorry! Don't take these price drops as indicative of investors confidence in the coin - it is one man.
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futile-resistance
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March 16, 2014, 07:47:22 PM |
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One man is dumping this coin right now. I have no idea why but it is just one man - watch the order book, watch the market history, buy orders instantly removed from 4 different places, dumped the entire 15 buywall. He will be sorry! Don't take these price drops as indicative of investors confidence in the coin - it is one man.
Wow, those are really large sell orders. |
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moderndezigns
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Activity: 56
Merit: 0
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March 16, 2014, 07:49:53 PM |
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ya they are holding alot of mint and just want to get it cheaper
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moderndezigns
Newbie
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Activity: 56
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March 16, 2014, 07:57:27 PM |
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it would be nice if someone with btc would put a wall up at 15 to make sure they cant buy back
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dille71
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March 16, 2014, 08:03:20 PM |
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I believe some big player feel threatend by this coin hence trying to dump it to 0 but since there are so many believing in mint he fail and just manage to keep the price at this constant level.
But if he manage to do it long enough more people start loosing fate and dump their coins so he can succeed if he is strong enough..
Here the multipool comes into play.
If everyone who believe in mintcoin point their miners at the multipool we will drain this whale while we at the same time earn more mints and keep the price stable and eventually climbing!
Since the coins are so cheap now it should be profotable in the long run.
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CatKiwi
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March 16, 2014, 08:19:39 PM |
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Every dump is another pair of weak or manipulative hands we are better off without. Notice how there is next to no resistance up to 19,20? This is because those who are content to dump at these prices are slowly being weeded out. Good for the coin, good for us!
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moderndezigns
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March 16, 2014, 08:20:58 PM |
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I don't know why they would be threatened unless they're an idiot it's a win win coin for everyone involved
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thisisit
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March 16, 2014, 08:25:43 PM |
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its not. sorry.
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any coin that makes me a profit.
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moderndezigns
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March 16, 2014, 08:31:09 PM |
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well I understand if you have alot of money invested in another coin but my recommendation would be to sell that coin and invest in Mint
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thisisit
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March 16, 2014, 08:42:46 PM |
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you will see buys at 15 reappearing at sell 16.
tomorrow you will see buys at 14 reappearing at sell 15
and so on.
that is a likely scenario.
the downtrend is there. sell pressure is there.
unless someone weeds out the sell pressure.
it will go down.
the multipool is no match for the sell pressure. currently.
imho
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any coin that makes me a profit.
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moderndezigns
Newbie
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Activity: 56
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March 16, 2014, 08:46:23 PM |
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come on thisis it don't you have anything better to do. I see those changes too but it's just one person manipulating the market and basically on mintpal. They are just trying to get people to sell cheap to buy up
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thisisit
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March 16, 2014, 08:48:06 PM |
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why do you think its a person? looks more like a trading engine/bot/minting-autosell-pool to me.
very familiar to what i have seen on other coins.
yes, i have better things to do. bye.
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any coin that makes me a profit.
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rmoraos
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March 16, 2014, 08:48:53 PM |
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Payment confirmed received by our Multipool 7 hours ago while I slept. The Hashrate is still low but I expect people were waiting for confirmed payouts before directing their rigs at it.
Yeah, I also received my mints  on 06:36 EST |
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futile-resistance
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March 16, 2014, 08:50:30 PM |
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Payment confirmed received by our Multipool 7 hours ago while I slept. The Hashrate is still low but I expect people were waiting for confirmed payouts before directing their rigs at it.
Yeah, I also received my mints on 06:36 EST Recieved mine this morning as well. |
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Crindon
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March 16, 2014, 09:01:33 PM |
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Who knew Mintcoin could be so much fun?
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