[ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS

[boestin]

MEGAman you were right!

[Len]

the best way for them to make money would be to let the price keep dropping with no announcements.  buy in loads for cheap and then come back with a statement/announcement

[allang696]

How can you say the premine has been dumped - where is the proof? They still show as being there on the premine address?

[a3tje]

What the fuck, it makes no sense for the dev to run dumping his premine at such a low price with that many hours invested in the development and being on top of promises. Why not stick through it and continue developing, innovating?

Makes no fucking sense.

I totally agree, honestly I do however please follow the steps i posted.

you will find out for yourself that the dev has ran away! May look weird but if you think about it, maybe he has been buying coins really cheap in the beginning and selling them when it was 5K plus! so he could already have made 1000% of profit, the premine is public, however creating 50 wallets with "only" 200000 coins in it will not be very obvious.

So there are many ways he could have tricked us, point is that it does not look very bright right now. i am holding to a small amount of coins just for the case it's a set up fud with knowledge, however it seems the name of Silkcoin is already ruined!

[1Referee]

Seriously, keep selling in to my buy orders, I will be here all day.
-f

You are funny bro, keep buying untill you run out of btc, you'll regret that once Mintpal delist this scamcoin..

[lartiste]

The End

[Dimitry]

This coin will not recover:(

This is to much of a drop will be 10 sat end of the week sadly

[kuchini]

Only way I can see this coin having hope is by forking it with a new team

[allang696]

someone is buying a shitload of these cheap coins though - just watched 10+ BTC being bought in larch chunks over the space of the last couple of minutes. If you have those kinds of resources then there must be a good reason to buy? It cant be purely speculative?

[twhh]

How stupid ppl are buying ......

Just like XHC, let it dead

[lonely@thetop]

So just to get this straight.. the panic was caused by recent lack of communication and premine apparently being sent to Mintpal address? I'm just trying to think of anything positive out of this situation.

I guess the devs have to return and make a statement. Running like that is just silly when the potential ROI is crazy with great fundamentals and plan like this coin has. If it is being abandoned.. that's the most stupid think I heard in a while. Shitcoins should be abandoned, not a solid one like SC.\

Come on devs, do the right thing and clear this up ASAP.

[socal]

While things have taken a disturbing turn the past 24 hours I am still slightly hesitant to declare scam for the simple fact that it makes NO sense for Dev to actually put in this much work, make an innovative wallet, GIVE AWAY AN OCCULUS RIFT, and THEN dump on the downswing when they could have dumped at x8 the current price. Since I only spent 0.375 BTC buying (because that's all I had lol) I will hold its not like I am gonna lose my life saving,s so here's hoping the Dev isn't deucing out.

[1Referee]

someone is buying a shitload of these cheap coins though - just watched 10+ BTC being bought in larch chunks over the space of the last couple of minutes. If you have those kinds of resources then there must be a good reason to buy? It cant be purely speculative?

You're probably not an experienced trader, this dude is buying his own sell order tricking you guys into thinking price will go up....

He buy at 700 sat, and you guys buy at 900 sat, this dude is having fun

[lonely@thetop]

While things have taken a disturbing turn the past 24 hours I am still slightly hesitant to declare scam for the simple fact that it makes NO sense for Dev to actually put in this much work, make an innovative wallet, GIVE AWAY AN OCCULUS RIFT, and THEN dump on the downswing when they could have dumped at x8 the current price. Since I only spent 0.375 BTC buying (because that's all I had lol) I will hold its not like I am gonna lose my life saving,s so here's hoping the Dev isn't deucing out.

I'm thinking along the same lines. However all the devs just happening to be away through the epitome of the shit storm is just too convenient. I think this coin will see a healthy recovery after this strong shakedown, but the problem is that the shakedown will likely have been coordinated with the devs knowledge. They are either paid to stay silent during this time or part of the p/d group.

[BadAss.Sx]

There he dumped them. Exactly 1mil. Time is also right...look at the wallet what time it was that he moved them.

[naughty1]

You guys have no fucking clue   same assholes spreading shit   SO What if the coins are on MINT PAL    most of us  all keep our coins on one of the exchanges. The coins are still there  like they said they are intact and not DUMPED as many of you have said  spreading FUD  Some of you guys want someone to hold your hand  all damn day   well if you have ever ran a coin  you would know how time consuming and overwehelming it can become  even with 4 or more devs.  Sometimes you need a BREAK  even if its a day off  No CPU  nothing    it clears your head and then you come back with a clear mind  and Im pretty sure thats what the DEV  is doing.  



Now if you think you got fu&ked GO BUY MIL    that guy  took 595000 sat for IPO   did INSTANT dump at launch  drove it down to where it is now  and guess what HE's GONE  


The DEVS Here have done everything they stated  and tonight at 8 p.m.   new wallet is to come out  so RELAX and buy up cheap  SILK.

[flipboxx]

While things have taken a disturbing turn the past 24 hours I am still slightly hesitant to declare scam for the simple fact that it makes NO sense for Dev to actually put in this much work, make an innovative wallet, GIVE AWAY AN OCCULUS RIFT, and THEN dump on the downswing when they could have dumped at x8 the current price. Since I only spent 0.375 BTC buying (because that's all I had lol) I will hold its not like I am gonna lose my life saving,s so here's hoping the Dev isn't deucing out.

I'm thinking along the same lines. However all the devs just happening to be away through the epitome of the shit storm is just too convenient. I think this coin will see a healthy recovery after this strong shakedown, but the problem is that the shakedown will likely have been coordinated with the devs knowledge. They are either paid to stay silent during this time or part of the p/d group.

This is the only thing I'm concerned about - the Dev is silent, saying nothing. "His" coin just lost near to 60 % 90% of it's value and he is not showing up - letting the FUD spread, so SC get's dumped even more.

[bluepixie]

I am going to go out on a limb and say that he moved the coins to the new wallet with trade abilities and it shows as a mintpal address. maybe this is why it is showing mintpal and still stakeing? we will see at 8 tonight. Also it makes more sense to follow through and deliver a great wallet. he would make way more money. Just saying

[mjsrs]

you will panic buy

[Quantum12]

Just wanted to make a statement

As you all know i am not a dev, i was recruited as part of the team to help with promotions as i have 20 years in sales and marketing,

I know nothing more than you guys, i am here but do not know what to say to you, i am in the same boat if this tanks i will have lost a lot, + 5 weeks hard work for nothing


1. I cannot believe someone would go to all the effort for an elaborate scam , I mean why not keep the first wallet it was innovative enough? without working hard with constant updates and new features ON TIME 5 in a row, why not dump at 7k or 4k or 3k , why wait until 1k ? sounds strange to me.

2. the whois info could have been changed to protect identity , i do know we have been harassed left right and center and he has personally been threatened on numerous occasions.

3. we have kept this information secret but i am going to break it , i don't care anymore............

We have proof that we were targeted by a pump and dump group ( BLKHAND GROUP) they are known to fud for a long time (megaman, gorrilajam etc) , buy lots of cheap coins , then pump ASHDRAKE, MOUSETU, WIZ .. i am looking at you .. this could very well be happening right now and probably is.

4. The head dev has not replied to any of us since Saturday morning, but this is not unusual as just before an update their can be 3 days in a row were he is very quiet as he is busy coding.

5. The pre-mine I am unsure if it is a mintpal or not , I don't know much about block explorers, i thought the coins were sitting there for all to view but i have taken onboard what some members have said.

6. I want everyone to know that I am above board, I tried honestly to promote something I thought would change crypto forever due to the wallet features and the current situation has me pulling my hair out also.

7, I hope the update hits tonight and everything is good if so grab cheap coins

And finally

I would like to apologize to you all , not for my behavior, I have always tried my best , but to any of you that  supported us and kept the faith and is now like me having to deal with the situation.

I still think the DEV deserves a chance after so many updates on time , after all its only like 1 day overdue .. but you must all do what u feel is right , sell if you must , hold with me if u like , but good luck to you all no matter what you do.

This is all the information I have and thought it fair to share with you all what i know

yours Sincerely

QUANTUM