[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[David Latapie]

Edit: BTW there is a mint pump in progress, not a good time to try anything unless you really know what you are doing.

If it is at 21, I sell at 22 to be at the beginning of the queue line. Once market price reaches 22, I sell at 23 and so on.

It is a sound strategy?

[majorminers]

HUGE HUGE buy order just went in at 20 satoshi, took up everything!

Yep Everything I bought at 16-17 is gone now. Now is the time to put in low ball BUY orders.

[Langly]

Edit: BTW there is a mint pump in progress, not a good time to try anything unless you really know what you are doing.

If it is at 21, I sell at 22 to be at the beginning of the queue line. Once market price reaches 22, I sell at 23 and so on.

It is a sound strategy?

Large buy order floats to keep the bottom for themselves, you'll always be behind it until the orders start going nuts. Price could easily leave you in the dust.

[navarthelol]

Edit: BTW there is a mint pump in progress, not a good time to try anything unless you really know what you are doing.

If it is at 21, I sell at 22 to be at the beginning of the queue line. Once market price reaches 22, I sell at 23 and so on.

It is a sound strategy?

Large buy order floats to keep the bottom for themselves, you'll always be behind it until the orders start going nuts. Price could easily leave you in the dust.

Not this time. The large buy order is aggressively raising the bar now

[now2ai8]

Edit: BTW there is a mint pump in progress, not a good time to try anything unless you really know what you are doing.

If it is at 21, I sell at 22 to be at the beginning of the queue line. Once market price reaches 22, I sell at 23 and so on.

It is a sound strategy?

Large buy order floats to keep the bottom for themselves, you'll always be behind it until the orders start going nuts. Price could easily leave you in the dust.

That's what I'm thinking, too.  They're buying all 20 sats from dumpers and selling at 21 sats. 

[CatKiwi]

Edit: BTW there is a mint pump in progress, not a good time to try anything unless you really know what you are doing.

If it is at 21, I sell at 22 to be at the beginning of the queue line. Once market price reaches 22, I sell at 23 and so on.

It is a sound strategy?

Large buy order floats to keep the bottom for themselves, you'll always be behind it until the orders start going nuts. Price could easily leave you in the dust.

Not this time. The large buy order is aggressively raising the bar now

Either someone knows something we don't or this is an attempt to get us to buy their coins for more than they could otherwise sell them for.....

[David Latapie]

Large buy order floats to keep the bottom for themselves, you'll always be behind it until the orders start going nuts. Price could easily leave you in the dust.

Not this time. The large buy order is aggressively raising the bar now

I feel like I do not really understand what is going on. I should rather not continue if I don't understand.

[David Latapie]

Either someone knows something we don't or this is an attempt to get us to buy their coins for more than they could otherwise sell them for.....

Pump over? Back to 19.

[dille71]

All coins are going up right now. Btc up 18%.
Just hold your coins.

[David Latapie]

All coins are going up right now. Btc up 18%.
Just hold your coins.

OK, that I understand. Thanks dille71.

[CatKiwi]

Either someone knows something we don't or this is an attempt to get us to buy their coins for more than they could otherwise sell them for.....

Pump over? Back to 19.

Back to 18. It's not so much a pump as it is a dump. Who ever did this would have used that BTC to buy up sell walls if it were a pump - NOT place buy walls so YOU could buy up the sell walls. Notice how he hasn't really spent any BTC and yet he has been able to sell you his coins for more than they were previously trading for?

[David Latapie]

Back to 18. It's not so much a pump as it is a dump. Who ever did this would have used that BTC to buy up sell walls if it were a pump - NOT place buy walls so YOU could buy up the sell walls. Notice how he hasn't really spent any BTC and yet he has been able to sell you his coins for more than they were previously trading for?

Wow, too complex for me. I managed to get a positive income out of it, though. Hope it will continue.

[CatKiwi]

Back to 18. It's not so much a pump as it is a dump. Who ever did this would have used that BTC to buy up sell walls if it were a pump - NOT place buy walls so YOU could buy up the sell walls. Notice how he hasn't really spent any BTC and yet he has been able to sell you his coins for more than they were previously trading for?

Wow, too complex for me. I managed to get a positive income out of it, though. Hope it will continue.

Are you David Latapie - the Team Founder and Task Manager of Mintcoin?

[David Latapie]

Back to 18. It's not so much a pump as it is a dump. Who ever did this would have used that BTC to buy up sell walls if it were a pump - NOT place buy walls so YOU could buy up the sell walls. Notice how he hasn't really spent any BTC and yet he has been able to sell you his coins for more than they were previously trading for?

Wow, too complex for me. I managed to get a positive income out of it, though. Hope it will continue.

Are you David Latapie - the Team Founder and Task Manager of Mintcoin?

<Look right> <Look left> Err yeah, that's me... and not me! I am not the founder of mintcoin. I am the founder of the extended team for mintcoin (the currency), that's different; I also am part of the staff of mintcointalk.com. The founder of mintcoin is mintcointeam, the dev(s).

[CatKiwi]

Back to 18. It's not so much a pump as it is a dump. Who ever did this would have used that BTC to buy up sell walls if it were a pump - NOT place buy walls so YOU could buy up the sell walls. Notice how he hasn't really spent any BTC and yet he has been able to sell you his coins for more than they were previously trading for?

Wow, too complex for me. I managed to get a positive income out of it, though. Hope it will continue.

Are you David Latapie - the Team Founder and Task Manager of Mintcoin?

<Look right> <Look left> Err yeah, that's me... and not me! I am not the founder of mintcoin. I am the founder of the extended team for mintcoin (the currency), that's different; I also am part of the staff of mintcointalk.com. The founder of mintcoin is mintcointeam, the dev(s).

I didn't say you were the founder of the coin lol I just copied your job title from the Mintcoin Website Cool

[roguenine]

Correct me if I'm wrong, but since BTER is almost always a few sat pricier than Mintpal, couldn't you buy low on Mintpal and sell higher on BTER and just do that over and over and over?

[majorminers]

MINT is still trading for 21 now.

[David Latapie]

I didn't say you were the founder of the coin lol I just copied your job title from the Mintcoin Website Cool

Since you did not mention mintcoin.cc, that was ambiguous

Glad to meet you, CatKiwi.

[neilh]

Being gobbled up by the big fish(s) that's been playing on there last 2 days!

How could it happen? That prices rise too fast? There is a 39BTC wall at 17 satoshi.

Let me see. If I sell at 18 and buy at 17, it means that I will have to be in the queue line of 39 BTC. By the time it is my turn, the price may well have move beyond 17 and so... I will lose my money.

Is me reasoning correct? It is what you mean by the big whales could gobble you?

Update: it is at 40 BTC. I think game has ended, I'm not big enough to compete.

As others have replied since, and answered better than I can.

You asked 'what are the risks', and I'm simply saying be careful when whales are playing.

Yesterday and earlier today they had people panic sell into their buy orders and now selling
back at prices that reach their target.


And anyone think it's funny how the trolls have gone quite?

Maybe they are the whales little pet fishes, that get a few scrapes thrown their way to come
here are stir trouble before the feeding starts!  

[taenaive]

what is up with the mintcoin website (http://mintcoin.cc/)? down for few days? or moved?