j5crypto
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Activity: 84
Merit: 10
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June 26, 2014, 06:49:25 PM Last edit: June 26, 2014, 07:09:36 PM by j5crypto |
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its quite simple whale attempts to drop the price by getting a panic going he loses a little money , but then he buys really cheap and then makes a 1000% more than making up for that loss. it happens everyday in the stock market with the big banks and rich people so it will work here capatalism at its very worst nothing to do with price discovery just greed and manipulation That's why im buying more every time it drops more. I'm not over buying but i believe people will come around to minerals and get it off the ground. I dont know forsure but its a good risk reward based on the information that i have. E-sports betting is a great ideal and im perfectly fine if it fails, but im going to support it because its a great ideals. If not minerals someone else will. I have many great ideals for coins myself I just need to figure out the technical implementations and that's what really interests me. Dev needs a community organizer and marketing guru, he doesn't really care about controlling sentiment. This could be he is holding high cards or triple Aces. I'll give it a little more time to sway my motion.
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Trivelius
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June 26, 2014, 07:28:02 PM |
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Getting listed on bittrex was a big mistake.
it's true, by the end of the week we will see 800 sat price.... terrible! nice try fuding. There is no way this coin is going below 1k sat. Anyone selling thinking they will dump and get back below 1k ur just going to buy back at loss. Don't fall for this fud. I just have a different opinion. I am holding about 100к coins and accept the losses coolly so far. But i realy think we will hit 800 sat before anounse.That is FUd as much as 10k predictions are
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hashpuppy
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June 26, 2014, 07:30:51 PM |
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Guys why is the price tanking...I still have about 50k during mining. And if there is no buy pressure I may need to exit and buy back later. That 1 Min in the buying will not help if market sentiment is in downward momentum.
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softstorb
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June 26, 2014, 07:34:31 PM |
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Anyone falling for these fuders claiming their going to dump their coins lol u deserve to miss this train if you sell right now. The panic games has started and the whales are eating these weak hands. You can't have a proper pump with too many weak hands since they will panic sell as soon as they get a few % of profit.
I believe there will be a heavy pump timed right when the e-betting beta will be live.
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jc12345
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Activity: 1638
Merit: 1013
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June 26, 2014, 07:35:30 PM |
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Guys why is the price tanking...I still have about 50k during mining. And if there is no buy pressure I may need to exit and buy back later. That 1 Min in the buying will not help if market sentiment is in downward momentum.
The market is waiting for the dev to deliver an e-betting system. If the dev delivers the price will go up. If the dev does not deliver the price will go down. It is normal when a dev makes a promise there is hype and price goes up. The price will gradually go down between the dates of promise and delivery. The longer the timeframe, the lower the price will go. If and when the dev delivers price will turn around.
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Amph
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Activity: 3206
Merit: 1069
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June 26, 2014, 07:44:50 PM |
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Guys why is the price tanking...I still have about 50k during mining. And if there is no buy pressure I may need to exit and buy back later. That 1 Min in the buying will not help if market sentiment is in downward momentum.
well you will help that dump if you exit, and the dump is happening because others miners like you are selling for your exact same reason
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Hoshimaru
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June 26, 2014, 07:46:16 PM |
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Buy the rumour, sell the news In other words, better get your minerals before the betting service gets delivered, because then everyone will want mineral drivng the price up to a new paradigm. And while it keeps going up, don't forget to sell! You will be able to buy back cheap afterwards. I made that mistake with Blackcoin, by holding no matter what. I could have sold 75% of my coins, and buy it back in the following days of steady decline, get back to the initial level of coins but with a few BTC as reward.
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j5crypto
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Activity: 84
Merit: 10
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June 26, 2014, 07:46:23 PM |
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Guys why is the price tanking...I still have about 50k during mining. And if there is no buy pressure I may need to exit and buy back later. That 1 Min in the buying will not help if market sentiment is in downward momentum.
Now you make this decision? Should have done that right away. Just hold now or you will panic sell. Maybe that is what the dev wants because there is not premine, the dev wants to buy up low prices before ann the new wallet features.
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hashpuppy
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June 26, 2014, 07:54:47 PM |
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Guys why is the price tanking...I still have about 50k during mining. And if there is no buy pressure I may need to exit and buy back later. That 1 Min in the buying will not help if market sentiment is in downward momentum.
Now you make this decision? Should have done that right away. Just hold now or you will panic sell. Maybe that is what the dev wants because there is not premine, the dev wants to buy up low prices before ann the new wallet features. I cannot just continue on holding if the price goes down. I have electricity bills to pay during mining.
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Coinler
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June 26, 2014, 07:58:52 PM |
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Getting listed on bittrex was a big mistake.
i am indeed wondering if bittrex or some of the pool operators are trying to lower the cost and destroy the value of the coin. let us see how low they are willing to sell. we can start stacking the buy book with buy orders at low prices to set a floor. if people want to giveaway their coins then fine. id do it myself if i had enough btc. but if everyone just puts like .001btc from 1000 satoshi and below we will establish a floor which the manipulators will fear to tread for fear of losing all their coins, their btc and having to do the same again after we re-pump to 2k and beyond. i think this is temporary and the price will rise again. but they cant go to low without making it a giveaway. the only way to defeat manipulators.. is to buy them out and set back the price at the top with buys. offer some arbitrage opportunities on other exchanges to move volume out of bittrex. observe the sellbook. there is large gaps in the price. meaning one manipulator is trying to create a panick without losing too many coins.
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btcforthefuture
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June 26, 2014, 08:11:54 PM |
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I think it's pretty simple. This coins value did x10 in a few days. Early investors/miners took (some) profit and now we corrected to a price level which is still x4-5 from the price a week ago. its normal volatility in cryptoland.
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Coinler
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June 26, 2014, 08:13:54 PM |
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Would the community like to prepare a bounty for anon implementation? perhaps we can also tackle it from this angle for soonest results. let's get back to the topic of anon features and see what it does for investment interest.
perhaps we can begin by making pledges to to support anon development and Minerals team can post the current size of the bounty to the OP. bounty pledges should be in minerals or btc.
i will go first with an initial contribution of 100 minerals. i may donate more depending on if needed.
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Tam222
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Activity: 98
Merit: 10
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June 26, 2014, 08:19:54 PM |
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Pledge: 100
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MIN - MCfYhe84Sos6fsLt2SwNrZ9EAwhPaTonu8 BTC - 1DqDrHQB8x5Hh1mf1yHaUV2etRCdSbmPXB GPC - LNVkXdNM4CpmgKAJaHh4BPiN15xdWL3Y1E
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Gambiman
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June 26, 2014, 08:21:29 PM |
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Pledge : 200
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BitcoinBaBa
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June 26, 2014, 08:26:17 PM |
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E-sports betting feature is good but the fact is anonymity implementation is required for a coin to be taken seriously nowadays. Is the developer working on anon too? How much bounty is required?
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sovie
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June 26, 2014, 08:26:47 PM |
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oh and the whale constantly putting 1, 10 , 100 min at different price points does that to intentionally lower or raise the price, just buy up his little deposits and he will soon stop as he will be losing coins, if everyone does it constantly i csan't see them carrying on
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Hoshimaru
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June 26, 2014, 08:30:12 PM |
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Oh no... That's mine If dev wants I'll make a page for donation to the team.
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Coinler
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June 26, 2014, 08:32:23 PM |
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E-sports betting feature is good but the fact is anonymity implementation is required for a coin to be taken seriously nowadays. Is the developer working on anon too? How much bounty is required?
some say anon feature is becoming a saturated feature in all crypto and getting played out. i disagree.. i believe it is becoming a standard.
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