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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739047 times)
JeffK
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I never hashed for this...


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May 08, 2014, 10:14:43 AM
 #3881

I just withdrew some too. What sort of figure are you guys looking to buy back in at?

I putted different orders, from 25K to 32K. Let's see if they get filled.
Edraket31
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May 08, 2014, 10:15:05 AM
 #3882

I just withdrew some too. What sort of figure are you guys looking to buy back in at?
depending on the buywalls, if they are fake or not

fibonacho
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May 08, 2014, 10:21:20 AM
 #3883

yes that is the key isnt it! was that there to induce sellers to appear before it? generating supply after which it will disappear? or was / is it a legitimate seller? no way to know i suppose
dukas93
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May 08, 2014, 10:21:48 AM
 #3884

why should somebody put a huge sell wall at 40000???


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Artoodeetoo
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May 08, 2014, 10:23:26 AM
 #3885

Because they want to buy more and pay less than 40k so they try and put people off buying it higher.

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TheGift73
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May 08, 2014, 10:23:38 AM
 #3886

why should somebody put a huge buy wall at 40000???

Trying to keep the price below 40k so they can gather cheap coins. Then they remove the wall and the price continues upwards, making them a nice profit.

That's my guess.

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dukas93
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May 08, 2014, 10:26:53 AM
 #3887

Dump is coming and hot!


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Artoodeetoo
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May 08, 2014, 10:30:29 AM
 #3888

Good to have this, BC went from about 10k - 16k - 30k - 90k, no stopping..

That would be like us going to 400k in 3 days which is good for no one, people are trading in and out and some are getting off some are getting on.. That makes the price much more sustainable.

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May 08, 2014, 10:30:42 AM
 #3889



1) Also its only 2 weeks old... "So I really don't get the view that this is some mega pump"

2) And before you compare to BC, if we did a BC style surge (and that was a surge) cinni would be at 400k...  


1) You answered your own question as to why some people may think that Cinni is a mega pump.

2) Your math is wrong. There are currently ~5X as many BC as Cinni. So assuming they have the same intrinsic value today, Cinni should be priced at 150k sats.  

He's comparing BC at 90K which would put Cinni at 450K.

Cinni at 450K ? What a dream Shocked
JeffK
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I never hashed for this...


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May 08, 2014, 10:31:49 AM
 #3890

Good to have this, BC went from about 10k - 16k - 30k - 90k, no stopping..

That would be like us going to 400k in 3 days which is good for no one, people are trading in and out and some are getting off some are getting on.. That makes the price much more sustainable.

Yes, this correction is completely normal. Still price is a bit high and will drop more in my opinion. We will see where it settles.
fox19891989
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May 08, 2014, 10:32:33 AM
 #3891

why should somebody put a huge buy wall at 40000???

Trying to keep the price below 40k so they can gather cheap coins. Then they remove the wall and the price continues upwards, making them a nice profit.

That's my guess.

I agree with U Grin
dukas93
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May 08, 2014, 10:35:34 AM
 #3892

Good to have this, BC went from about 10k - 16k - 30k - 90k, no stopping..

That would be like us going to 400k in 3 days which is good for no one, people are trading in and out and some are getting off some are getting on.. That makes the price much more sustainable.

Yes, this correction is completely normal. Still price is a bit high and will drop more in my opinion. We will see where it settles.

 How high could Cinni be in your oppinion, I guess 50k in next 24h.


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Artoodeetoo
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May 08, 2014, 10:37:35 AM
 #3893

That seems to be the general view... Personally I think it will hover round the 33 - 35k range now for an hour or so before slowly pressing higher again.

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May 08, 2014, 10:37:53 AM
 #3894



1) Also its only 2 weeks old... "So I really don't get the view that this is some mega pump"

2) And before you compare to BC, if we did a BC style surge (and that was a surge) cinni would be at 400k...  


1) You answered your own question as to why some people may think that Cinni is a mega pump.

2) Your math is wrong. There are currently ~5X as many BC as Cinni. So assuming they have the same intrinsic value today, Cinni should be priced at 150k sats.  

He's comparing BC at 90K which would put Cinni at 450K.

Cinni at 450K ? What a dream Shocked

it will remain a dream, usually when people start think in this way, the price get a massive dump
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May 08, 2014, 10:38:10 AM
 #3895

it still eats all panic sells, whale is still hungry Grin
JeffK
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I never hashed for this...


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May 08, 2014, 10:38:55 AM
 #3896

it still eats all panic sells, whale is still hungry Grin

My guess is prices will keep dropping until the 30K range.
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May 08, 2014, 10:41:49 AM
 #3897

cinnipool just tweeted, more payouts coming Cheesy

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Artoodeetoo
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May 08, 2014, 10:43:59 AM
 #3898

it still eats all panic sells, whale is still hungry Grin

My guess is prices will keep dropping until the 30K range.

You sold quite a few matey? Wanting it lower by chance? Cheesy

DASH #DashDC #DashIntoDigitalCash
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May 08, 2014, 10:44:56 AM
 #3899

price is still below its target  Wink
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May 08, 2014, 10:49:35 AM
 #3900

cinnipool just tweeted, more payouts coming Cheesy

So little correction is on the way.. just dont panic now or get greedy and hope to buy at 28:)
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