[ANN] [PURE POS]Information Coin(ITC) Fair&Free distribution New thread

[rudarSRB]

It will go up or just die?

Nobody knows, but we will see in next couple of days.

[1715082117]

1715082117

[asdlolciterquit]

so many haters

[MoreMinerals]

If someone bought 20BTC worth of coins, would you be willing to buy higher knowing they could dump on you at any moment?
Buying 20 BTC, is exactly the same thing as putting up a sell order of 20BTC, or selling 20 BTC.
That's the only reason it went down.

Right now.. there are quite a few sell orders of 2-4BTC over 300, maybe 20+ BTC total worth in ITC.

Guarantee you, most whales aren't gonna be stupid enough to come in here with this order book.

If you guys really want it to go back up? take your sell orders down
And give whales a reason to pump; maybe put some 1-2 BTC sell orders around 200-250 as an incentive for them to flip it and knock the price up.
You can buy back later and help it go up ; that's also one of the biggest problems right now, its that people are holding bags very high instead of just selling and buying back in and giving us some of the volume we need in order to go back up.
When it gets high enough...you can put your sell orders back up..or if you're smart just sell when there's enough liquid.

[CatKiwi]

so many haters

There are three main reasons why people come to a thread that they have no vested interest in and start speaking doom and gloom and pronouncing a coin 'dead'.

The first is that they DO see this coin going back up again in the future and would dearly love to purchase more coins at the lowest possible price. They will spend their precious time arguing with others in the coins thread that "the coin has no future" - even if they truly have nothing better to do they MUST be getting some utility out of it all, that utility is snapping up your coins for 30% the price they were going for yesterday and selling them when the coin trends back upwards as all coins do after a dump regardless of perceived value or future.

The second reason is that they get a real kick out of causing other peoples little investments to go down in value either out of jealousy because they sold a coin that went "to the moon" too early or because they missed out on buying cheap yesterday and selling for 500+. Think about it, these people have taken the time to come to thread of a coin they presumably own none of, find the current market price for it, and then proceed to label it dead over and over again. The only effect this sort of thing can be seen to have is to incite panic in the unwary. Many people are inexperienced with cryptocurrencies, they don't realize just how fast a coin can rise after being dumped which often leaves many out of pocket. You ask the people who sold Dogecoin at 33 Satoshi after a day on day decline how they felt when it was pumped to 289 Satoshi within the following 2 weeks... I can tell you! I sold close to 2 Million doge at 33 Satoshi only to watch it skyrocket from the sideline - don't make that same mistake here, it is better to hold your coins, whatever their value, than panic sell now, take a whopping loss, and then see it dart back up.

The third reason is that they are trying to warn others off buying the coin out of the goodness of their cryptotrading hearts - but that only applies when a coin is at the top of a pump and even then 99% of all persons commenting have an agenda to make money off the action or inaction they are suggesting. You see, if they were really sincere individuals they wouldn't be telling you "the coin is dead hahaha" - they would be saying "This is a risky investment, don't do it! here is why..." - With that said they would not be saying that here at this time anyway - why? Because we are at the bottom of a dump - if one is ever going to purchase a coin, any coin, they want to do so when the coin has gone as low as the market is willing to let it go before it starts its trend upwards.

More often than not, it is the first reason that defines their behavior. Sometimes, it is the second - these people are worse than trolls and "FUDers" - they really like seeing others lose money with no benefit to themselves other than that sinister pleasure. Lastly, and least likely, their behavior can be defined by the third reason. But I have yet to find a single person who fits that category because quite frankly "life's too short!" No one REALLY has the time to scour forum threads giving out sincere advice to people they don't know with no benefit in it for them whatsoever - especially when the very need for that advice is based on greed and profit maximization. e.g. they are giving you advice so you can maximize the amount of Bitcoin you make off other traders. Nonsense.


It's a common sight in EVERY coin that experiences a downtrend - they were there in Darkcoin, they are still there in X11 Coin, so its no surprise to see them here. Do notice however how they become suspiciously silent when the coin is on the way up - Why? Because folks they have yet to sell their newly acquired bag of Information Coin and want to get the best price for it. You will know when they HAVE dumped their coins because the negative posts will start flowing once more, in a desperate attempt to thwart the rise in price above the price that they sold for.

Be duly investigative when someone tells you to invest in a coin, but may alarm bells ring as soon as you start hearing more and more people besmirch a coin in its own thread - that is when you hold your bag of coins even more tightly because you will know now that it is at this point that these people want you to sell - for the lowest possible price - so they can buy in and sell on the way up, making a tidy profit at your expense.

Be smart, be careful, and good luck!

[jdebunt]

Just completed a small article about this coin :


http://www.cryptoarticles.com/crypto-news/informationcoin-100-proof-of-stake-with-free-fair-distribution#

Please share

[itc-starter]

Price very attractive for buy now.  We are hard of work make new wallet/service, Many developments to come in Itc news A month.  New wallet, and development.  Good to buy and hold for innovation!

                                                                                      An important reminder

as investors are talking about it in the chat rooms.Someone has brought up that the latest wallet  vuln to Heartbleed SSL attack，wallet uses version c. of SSL，the sake of safety You MUST get on 1.0.1g NOW.    So update now, and all is well ,It only takes a minute.  Thank you!Sorry for colorful text but must get attention  Grin,This is simple update,

PLEASE UPDATE YOUR WALLET openssl-1.0.1g
 NOW

Windows openssl-1.0.1g
Mega:
https://mega.co.nz/#!M4lHxZKI!aer3KF17_Cd-7aqDE4oCw3ieNuaXmAZBGP82wHLXR5A

[stompix]

Despite my concerns the coin does appear to have established a floor and is moving up slowly from it. Now if the dev would just come back and put our minds to rest we could push to a new ATH!

Slowly up?
Now really care to share where you get your info from?

I'm waiting to buy some but seems like the desired entry point is going down every day

And it will take just a few coins to go below 140..
Im not really to keep to buy watching the orderbook right now

[CatKiwi]

Despite my concerns the coin does appear to have established a floor and is moving up slowly from it. Now if the dev would just come back and put our minds to rest we could push to a new ATH!

Slowly up?
Now really care to share where you get your info from?

I'm waiting to buy some but seems like the desired entry point is going down every day

And it will take just a few coins to go below 140..
Im not really to keep to buy watching the orderbook right now

Here is why. A floor was established yesterday, now, with the dev active again people are regaining confidence in the coin. Every coin's rise in price starts with a whopping great buy order for support.

[CatKiwi]

Excellent , a whale just  dumped their load which while it may look scary means that someone now has 3.7 million coins bought at 198 - don't expect to see the price go below that point now, the man will want to make a profit like the rest of us and now that the weak handed whale is out the way we can start the move back up.  

[MoreMinerals]

Guys...
Please look both ways

Whoever put up that 10~ BTC buy wall
Must be pretty confident that it will go up

You can't just look at the negative side and think
people are still dumping into this 10BTC buy wall (even with that 6BTC sell)

I can see two possible scenarios

#1. He will have to produce enough buyer interest through pumps. Making it go to at least 300 in order to sell the 10 BTC he just bought at a good price.

#2. He is going to short on buyers.

I'm not saying it won't happen, but #2 is less likely to happen because order sizes are relatively low.
As long as no one does something stupid like put up fairly large buys *=(limit or market)..the price should be going up slowly.
Don't provoke him to short you, just ride the whale's wave; buy at your discretion and most importantly, be calm and patient.

[powerfull]

Price very attractive for buy now.  We are hard of work make new wallet/service, Many developments to come in Itc news A month.  New wallet, and development.  Good to buy and hold for innovation!

                                                                                      An important reminder

as investors are talking about it in the chat rooms.Someone has brought up that the latest wallet  vuln to Heartbleed SSL attack，wallet uses version c. of SSL，the sake of safety You MUST get on 1.0.1g NOW.    So update now, and all is well ,It only takes a minute.  Thank you!Sorry for colorful text but must get attention  Grin,This is simple update,

PLEASE UPDATE YOUR WALLET openssl-1.0.1g
 NOW

Windows openssl-1.0.1g
Mega:
https://mega.co.nz/#!M4lHxZKI!aer3KF17_Cd-7aqDE4oCw3ieNuaXmAZBGP82wHLXR5A

thanks dev ,you'd better update your schedule of new JAVA wallet , so all supporter can discuss about it together.

[mehdi74]

when coins High cheap People not buy but when high price Better buy coins then not sell coins and hold and bump and hold pump to 2 to 3 day!!!

[jdcer]

shitcoin like YC meth

[CatKiwi]

LMAO I'm sorry but some of you people are nuts - who the fuck would dump coins at 170 when someone just bought .5 Bitcoin's worth at 218. Man oh man!

EDIT: ITC hit 370 Satoshi less than an hour ago on Poloniex - just think about what you are doing before you go selling off at 170.

[CatKiwi]

Dev - Will you PLEASE get the main website working again. It looks dreadful for prospective investors and doesn't inspire much confidence for the bagholders. Come on.

[MoreMinerals]

Lol, I told you guys to take down your sells and help with buy support.

Now were only going to keep going lower.

[CatKiwi]

Lol, I told you guys to take down your sells and help with buy support.

Now were only going to keep going lower.

We are dealing with a lot of folks who were given coins for nothing - these people have no sense of value. We have to wait for them to pass on their coins to folks who do.

[asdlolciterquit]

Lol, I told you guys to take down your sells and help with buy support.

Now were only going to keep going lower.

We are dealing with a lot of folks who were given coins for nothing - these people have no sense of value. We have to wait for them to pass on their coins to folks who do.

totally agree!

[CatKiwi]

Lol, I told you guys to take down your sells and help with buy support.

Now were only going to keep going lower.

We are dealing with a lot of folks who were given coins for nothing - these people have no sense of value. We have to wait for them to pass on their coins to folks who do.

totally agree!

I should have known this would be the case though - More fool me for going all in without a thorought SWAT analysis.

Here's the deal:

- We know that the coins were distributed for nothing. When you dont even have to mine a coin who have NO incentive to hold - you could sell for 1 Satoshi and still be happy.
- We also know that the coins were distributed transparently. Unless people have bought more on the exchanges there is no one who 'aquired' more than 500,000 coins.
- The total number of coins that are on the market now are all we have to worry about - we wont see massive dumpings of mined coins in the future because there aren't any. 100% are out there right now.
- Those who did buy more on the exchanges should be considered rational economic thinkers - they will NOT dump their coins below what they paid unless they are sure they can buy them back cheaper - we are at the point now where less than half a bitcoin sits between us and 200 Satoshi - If someone sells for 150 they are taking an enormous risk of it dropping further.
- Even the worst coins on the market go back up after a big dump - its what MUST happen. We just have to wait for those who got free coins to be done dumping. Once that is finished the coins will start a spike back towards 500 Sat provided the dev pulls his finger out and gets back into this coin. At the moment his activity (days at a time without any posts or updates) is not sufficient and the website is still not fixed.

1000 sat will require a deliberate pump but it will benefit those of us who bought low and held. 

[CatKiwi]

Thats it - if we go below 130 I'm dumping the lot. This is madness now.