██████████ - MAXCOIN- NEW TRAIN LEAVING - ? ██████████

[ifightformerkel]

Maxcoin prise rise extrem fast, more than doubled in 1 day from 15.000 to over 40.000 now.
1 month ago the price was about 25$, now only 0.20$

I wonder why the price is rising, but than i read this
https://twitter.com/maxcoinproject/status/446670664184127488

"We will be reducing the block reward for MaxCoin from this time next week. The new block reward will be 48, with ~100M coins in total."

So this mean the total number of coins will be reduce from 250 million to 100 million?
When yes we can see a price  over 60$ imo

Also this
"Max Keiser Predicts Hard Fork Will Double Maxcoin Price"
http://altcoinpress.com/2014/03/max-keiser-says-maxcoin-price-will-double/

The coin is traded here
https://mcxnow.com/exchange/MAX

[ifightformerkel]

30 minutes later 50.000 satoshi - 25% profit in 30 minutes 

and the price rise 

[Zackgeno96]

i'd cash out asap, if you look at the chart it's gonna get dumped hard

[ifightformerkel]

i'd cash out asap, if you look at the chart it's gonna get dumped hard

yeah charts, but this is a different situation, because the hard fork and the reducing the total amount of coins from 250 million to 100 million, this are 60% lesser coins 

[Warning__3]

Ofc, they bought up lots of cheap coins from unknowing traders and then changing the code so all their own coins get 60% more value...

[Spiffy_1]

was maxcoin premined, if it was this means he just doubled or mire his premine...

[braane]

Ofc, they bought up lots of cheap coins from unknowing traders and then changing the code so all their own coins get 60% more value...

That's what I thought when I read it. Clearly they are going to milk everything they can out of it.