[ANN][TRUST] TRUSTplus [PoD5x2][BitTrex][Android][Shopify]

[MasterSE]

price 250 sat. bot is dead?

[cryptodevil]

Ok this bot is a fucking pain in the ass, someone has gone out of their way to spend 50 bitcoins in an attempt to ruin trust?

all fingers pointing at cryptodevil

What *possible* reason would I have for throwing away tens of thousands of dollars in running a 'buying high/selling low' TRUST-destroying BOT?

Let me ask you something, you know, from way back here in the rational-thinking part of your brain, the one that's currently clouded with crypto-schemes of getting rich quick.

Which is more likely?

1) I, or anyone else for that matter, have been throwing thousands of dollars away solely to destroy this coin.
OR
2) *Someone* with a large amount of coins they mined with their commercial-scale mining rig during the extremely short PoW phase, is steadily dumping them.

Which of those two scenarios is more likely?

[IceColdTommy]

Ok this bot is a fucking pain in the ass, someone has gone out of their way to spend 50 bitcoins in an attempt to ruin trust?

all fingers pointing at cryptodevil

What *possible* reason would I have for throwing away tens of thousands of dollars in running a 'buying high/selling low' TRUST-destroying BOT?

Let me ask you something, you know, from way back here in the rational-thinking part of your brain, the one that's currently clouded with crypto-schemes of getting rich quick.

Which is more likely?

1) I, or anyone else for that matter, have been throwing thousands of dollars away solely to destroy this coin.
OR
2) *Someone* with a large amount of coins they mined with their commercial-scale mining rig during the extremely short PoW phase, is steadily dumping them.

Which of those two scenarios is more likely?

So if number 2 is correct with that you want to say that only dev has a big mining rig so he can collect that much of trust, just for comparison i own 5x5gpu's mining rig, but i had almost 2gh for this coin, and you know how is that possible, i rent, so anyone could have rented and minet tons of coin so now is dumping them, but your conclusion is always that it must have been the dev becose he has big rig, lol

[cryptodevil]

Sure, your criticism of what I am implying would be valid, if it weren't for one small thing, that it is the Dev who is claiming there is a buy-high-sell-low bot throwing thousands of dollars away to destroy his coin.

Surely if it were just someone dumping their coins, other than the dev, he'd just tell you that some miners were cashing out instead of trying float this absurd idea of the bot-based conspiracy?

So, if it is number 2 and someone is steadily dumping their hoard, it would be reasonable to assume it is the dev because he is the one who is trying to convince you it is a bot.

[IceColdTommy]

Sure, your criticism of what I am implying would be valid, if it weren't for one small thing, that it is the Dev who is claiming there is a buy-high-sell-low bot throwing thousands of dollars away to destroy his coin.

Surely if it were just someone dumping their coins, other than the dev, he'd just tell you that some miners were cashing out instead of trying float this absurd idea of the bot-based conspiracy?

So, if it is number 2 and someone is steadily dumping their hoard, it would be reasonable to assume it is the dev because he is the one who is trying to convince you it is a bot.

Well i will still go for the bot, not really sure why or how, but Trust is not the only coin affected, look at KTK, same thing is happening and there no one had big rig, coin was 100% premined and everyone got one share, but still same pattern happens as here, someone is lowering the price, just look at the charts on bittrex and you will see.

[cryptodevil]

Let me just describe to you the process used to manipulate the market in order to steadily offload a ton of coins onto the gullible.

1. Put in a bunch of incrementally increasing buy orders worth a tiny fraction of a bitcoin each, getting it close to the sell price, knowing that most people who are looking to sell at that price will see the buy support is still too thin for them to sell their ask into the offers.

2. Wait until there are some additional buy offers made to fill out the thin trail you have laid.

3. When there's enough there to make it worthwhile, you sell into it, offloading onto some poor sap while only costing you the price of the thin trail you laid.

3. Rinse and repeat.

5. Tell everyone there is a 'buy-high-sell-low' bot conspiracy trying to crush your coin.


As I said, which is more likely? The simple answer I give you to describe what is happening on the markets to this coin, or the bizarre notion of a conspiracy intent on throwing away thousands and thousands of dollars buying-high and selling-low?

[DeGriz]

Trying to wrap my head around this. So, Dev has mined a butt load of coins. Coin goes very smoothly to 900. Dev then sets up a bot/dumps coins cheap, which lowers value of said coin to 150-200. Making his huge mine worthless. Umm why would you do that? Im just a Braindead Miner, so someone please explain so I can avoid this shit in future. Lost my Stake to this Bullshit

[IceColdTommy]

Let me just describe to you the process used to manipulate the market in order to steadily offload a ton of coins onto the gullible.

1. Put in a bunch of incrementally increasing buy orders worth a tiny fraction of a bitcoin each, getting it close to the sell price, knowing that most people who are looking to sell at that price will see the buy support is still too thin for them to sell their ask into the offers.

2. Wait until there are some additional buy offers made to fill out the thin trail you have laid.

3. When there's enough there to make it worthwhile, you sell into it, offloading onto some poor sap while only costing you the price of the thin trail you laid.

3. Rinse and repeat.

5. Tell everyone there is a 'buy-high-sell-low' bot conspiracy trying to crush your coin.


As I said, which is more likely? The simple answer I give you to describe what is happening on the markets to this coin, or the bizarre notion of a conspiracy intent on throwing away thousands and thousands of dollars buying-high and selling-low?

Ok at this point i have drunk to much so i wont be able to express exactly my thought on this, can only tell you i don't agree with you, so we will continue this after the game?

[cryptodevil]

There's no reason to think the dev intentionally made the price collapse, I'm sure he'd have loved to see it keep increasing in value.

But how else would he explain away the loss of confidence the market shows in his empty little project without concocting a story about a conspiracy to destroy it so that, when it comes to it, he'll walk away from this coin as he did his previous ones without being held to account.

What's the situation with the pre-mine these days anyway? Is it being audited by the accountant he said would be reporting once a week?

[IceColdTommy]

There's no reason to think the dev intentionally made the price collapse, I'm sure he'd have loved to see it keep increasing in value.

But how else would he explain away the loss of confidence the market shows in his empty little project without concocting a story about a conspiracy to destroy it so that, when it comes to it, he'll walk away from this coin as he did his previous ones without being held to account.

What's the situation with the pre-mine these days anyway? Is it being audited by the accountant he said would be reporting once a week?

Do you have any valid proof for your statements, and by proof i don't think on empty words

[mikelitoris]

cryptodevil has a valid point, i just can't believe someone would bother to spend 50 bitcoins just to hurt this coin, i can think of better ways to spend that money. .

[mitchellmint]

My take.

This coin will go far, even with the criticism.  These three markets are such a small part of the future of the coin.  In fact the $200,000 height was very far away from its goal.

I will not engage with anything CryptoDevil Says.  He has chosen not to be a member of the community.

Corrections:  

There is 15 BTC holding the price back between the two sites.  

The people who dumped from 800-400 got us into this mess because someone was ready to buy.  This bot owner has bought the markets and is intentionally looking for weak hands.  We now have a 10% partner that is making people dump 75% off.  No one is buying, no one is selling.

There is perfect clarity to this.  I either need to buy him/her out or keep working.  I am asking the community to buy it out while it is low trapping his 15 BTC and I am going to go back to developing now.

[GAML]

Please vote for Trustplus on mintpal exhange 1 vote per hour https://www.mintpal.com/voting#TRUST

[mitchellmint]

Bot neutralized https://bittrex.com/Market/Index?MarketName=BTC-TRUST  Lets go!

[mitchellmint]

Bot neutralized https://bittrex.com/Market/Index?MarketName=BTC-TRUST  Lets go!

272295 TRUST Has been added to the Dev's personal wallet using his own BTC.

[neite99]

Bot neutralized https://bittrex.com/Market/Index?MarketName=BTC-TRUST  Lets go!

272295 TRUST Has been added to the Dev's personal wallet using his own BTC.

I thought there were millions held by the bot. Was there less than you thought or more people involved buying it up?

Also what's up with the 10/20 TRUST trades?

[temrus63]

https://twitter.com/TrustPlusCoin/status/488526707138117633

[mitchellmint]

Bot neutralized https://bittrex.com/Market/Index?MarketName=BTC-TRUST  Lets go!

272295 TRUST Has been added to the Dev's personal wallet using his own BTC.

I thought there were millions held by the bot. Was there less than you thought or more people involved buying it up?

Also what's up with the 10/20 TRUST trades?

That is me keeping the bot at bay.  It makes it accumulate a buy wall.

[mitchellmint]

Bot neutralized https://bittrex.com/Market/Index?MarketName=BTC-TRUST  Lets go!

272295 TRUST Has been added to the Dev's personal wallet using his own BTC.

I thought there were millions held by the bot. Was there less than you thought or more people involved buying it up?

Also what's up with the 10/20 TRUST trades?

I have been active in BitTrex only.  PoloniEx was a lost market 250 sell 150 buy.  BitTrex was 200 sell 170 buy.  I am not the smartest guy but I am aware of risk, and chose the lower risk market.

[penoze]

Hello,

are there any futureplans with this coin.
I own a few coins and i like it to hear something new about this coin before i invest more....


Sorry for my bad english... i am dutch