Re-posted from our own forum -
http://forum.zeit-coin.com/viewtopic.php?f=38&t=102&sid=48405eb74cc77e9b121f0c9c768910e0EVERYONE who is serious about this coin should be over there as a first point-of-call & here only to deal with the questions & bleats from the 'espresso traders'
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Okay, I admit that I haven't seen ANY 'hard' evidence to back this up but that's mostly because I haven't looked for it. This comes from a post reply on another coins' thread on BCTalk & it was carefully worded to avoid making any direct accusations. However, if anywhere near true, it could go a long way to explaining why we were 'ninja-listed' on craptsy when we were.
The 'guarded accusation' is that the 'main man' there - 'Vern' I believe - has a track-record of buying up massive amounts of new coinage, then 'unexpectedly' listing & dumping it.
I was watching carefully as soon as it was announced that craptsy had listed us.
In fact, I'll 'fess up - as soon as I saw the announcement ... (here, on this thread) ... I transferred a million out of my desktop wallet to over there.
For those who weren't there, I think it opened around 13 or 14 (maybe higher) and there was a MASSIVE selling frenzy. As soon as my transaction confirmed I slapped that million on to the sell register & got 5 each for them. As soon as this cleared I put the whole (BTC) amount into the buy-wall forming at 1. If I had been given even a couple of minutes earlier warning of the listing, I could have made 10 or 11 each on my million.
So, I went to bed that night with a 'close to the front of the queue' buy order for 5 million at 1 & a small-and-rapidly-dissapearing wall at 2 - just less than 1Btc if I remember correctly.
I awoke to discover, to my fury & dismay, that my buy-order had been cancelled before fulfillment due to them discontinuing the Zeit/Btc pairing & the listing of the Zeit/Ltc pairing.
Yes, to me the scent of 'fix' hung heavily in the air!
Not for the first time, and unfortunately not for the last, the 'power brokers' were fucking us up the ass.
Moral of this story?
Individually, we are just a cloud of plankton, helpless food for the uncaring 'old-timers' who are in this game for absolutely NOTHING more than making every damned cent they can screw out of anyone 'trusting' enough to give them the opportunity.
But maybe, just maybe, if we can work together as a 'communal organism', we can protect & educate ourselves enough to break free from the machinations of the greedy & uncaring.
Surely that's MUCH better than either being consumed by them or even worse wanting to become one of them?
WE HAVE A DREAM - of a better way, a better world.
Let's work & learn together to grow that dream!
E2A - I've just checked on craptsy, when they opened the Zeit/Ltc market it was at 251 litoshi & plunged rapidly to 77 so it was a DOUBLE ass-fuck. BASTARDS!