burnbabyburn71
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October 21, 2014, 09:26:44 AM |
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Here's the simple fact of the matter-
There's 92 million coins out there 'waiting to be dumped'.
That's how many have been mined, and all of them are subject to dumping at any moment.
You can either deal with that or you can't, but that's what you should be thinking about rather than some 0.5 million sitting in some wallet somewhere.
Heh, its different when a dev mines the coins and has an ridiculously unfair advantage in acquiring those coins. Try again
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Web Dev | General Graphics Design | Windows/Linux Wallet Compiles | Certified member of the BCs
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ifightformerkel
Legendary
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Activity: 1386
Merit: 1000
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October 21, 2014, 09:27:21 AM |
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Here's the simple fact of the matter-
There's 92 million coins out there 'waiting to be dumped'.
That's how many have been mined, and all of them are subject to dumping at any moment.
You can either deal with that or you can't, but that's what you should be thinking about rather than some 0.5 million sitting in some wallet somewhere.
The 92 million coins are dumped yesterday and this morning to whales. There was coins worth of 1100 BTC dumped in the last 36 hours! This means whales have nearly all coin. Imagine when now something big happend and all the people witch his 1100 btc buy this coin back where the price can go.
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fartbags
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October 21, 2014, 09:30:11 AM |
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THERE WAS NO PRE-MINE!
If you look back you will see me commenting on the original thread when this coin was scrypt. Mining difficulty was 0.01. Anyone could have easily mined millions of coins back then. Not many people were interested in CANN back then.
how does it feel when you pay for a pumpgroup whom is dumping on you? Lol what are you talking about? That fartbag is a known member of the shitty p+d group Fortress Crypto. They dump on their paying members after they hyped the shit out of a coin come on fartbag, tell me how this feels dont run away ;-) I have heard the term p+d and I understand what it means. I have never heard of Fortress Crypto. The only p+d person I have ever heard of is that guy from a long time ago. His name might have been "fontas" on btc-e.com? That was months and months and months ago. I'm not into day trading coins. I believe crypto/decentralization/blockchain tech is the future of the world. In 10 years, all of us early adopters will end up owning some coins that are worth amazing amounts of money. Trillions and trillions of dollars is going to be in crypto in 10 years. I love keeping coins. I never imaged D9 would add on pre-mined coins during the coin swap. I guess it's possible. Both blockchains better be examined if this is ever going to be a massive billion $ marketcap coin.
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burnbabyburn71
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October 21, 2014, 09:32:09 AM |
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Here's the simple fact of the matter-
There's 92 million coins out there 'waiting to be dumped'.
That's how many have been mined, and all of them are subject to dumping at any moment.
You can either deal with that or you can't, but that's what you should be thinking about rather than some 0.5 million sitting in some wallet somewhere.
The 92 million coins are dumped yesterday and this morning to whales. There was coins worth of 1100 BTC dumped in the last 36 hours! This means whales have nearly all coin. Imagine when now something big happend and all the people witch his 1100 btc buy this coin back where the price can go. What are the chances of that happening though? The price will probably go back up a bit but I doubt it will reach the maximum point again. With all the rumours of the premine floating about, its a risky investment for sure.
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Web Dev | General Graphics Design | Windows/Linux Wallet Compiles | Certified member of the BCs
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dubiousfrog
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Activity: 181
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optical illusion
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October 21, 2014, 09:32:14 AM |
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"buy low, get high, forget to sell, eat pizza" - jungle_dave
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namu amida butsu
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Bitcycle
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October 21, 2014, 09:33:22 AM |
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Heh, its different when a dev mines the coins and has an ridiculously unfair advantage in acquiring those coins. Try again You may make some moral distinction, but on a practical trading decision level, there's no difference at all. If someone is sitting on a million plus coins (and there definitely are such people), it doesn't matter who it is. They're a risk to the market whoever they are. You just need to think about it a little more clearly from that angle.
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Weekend Warrior
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Activity: 118
Merit: 10
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October 21, 2014, 09:35:53 AM |
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come on fartbag, tell me how this feels dont run away ;-)
I have heard the term p+d and I understand what it means. I have never heard of Fortress Crypto. The only p+d person I have ever heard of is that guy from a long time ago. His name might have been "fontas" on btc-e.com? That was months and months and months ago. I'm not into day trading coins. I believe crypto/decentralization/blockchain tech is the future of the world. In 10 years, all of us early adopters will end up owning some coins that are worth amazing amounts of money. Trillions and trillions of dollars is going to be in crypto in 10 years. I love keeping coins. I never imaged D9 would add on pre-mined coins during the coin swap. I guess it's possible. Both blockchains better be examined if this is ever going to be a massive billion $ marketcap coin. LOL ROFL This is your twitter account https://twitter.com/KingMilkfart what is clearly connected to fortress crypto, some people already said, it is a fake account from fortress Are you really that dumb to think people dont see it?
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burnbabyburn71
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October 21, 2014, 09:39:52 AM |
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Heh, its different when a dev mines the coins and has an ridiculously unfair advantage in acquiring those coins. Try again You may make some moral distinction, but on a practical trading decision level, there's no difference at all. If someone is sitting on a million plus coins (and there definitely are such people), it doesn't matter who it is. They're a risk to the market whoever they are. You just need to think about it a little more clearly from that angle. Well, yeah. But if the dev did hide a premine as significant as 12.5million CANN, how do you think investors are going to react? Why would anyone want to invest in a scam coin? (although CANN has not been proven to be a scam coin) I believe that there is a difference on a practical trading decision level.
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Web Dev | General Graphics Design | Windows/Linux Wallet Compiles | Certified member of the BCs
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passion4cannabis
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October 21, 2014, 09:45:18 AM |
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The earlier pics I posted just easier to look at. https://i.imgur.com/8D4hVeP.jpgLink to the Imgur album of the pics: http://imgur.com/a/2HaK9Happy to help prove this movement is real! 420KushKlock will be going back to Herbal Wellness Center tomorrow and will post that receipt/joint when he CANN. Thought it was cool he is also an Iraq War Veteran. Already proving this a coin for the community and its patients. "It's phenomenal. It's truly a way for patients that can't always afford meds." ~ Instagram: 420KushKlock YesWeCANN! Paul Instagram: Passion4Cannabis FUD/othercoin DEV teams I will buy your other weedcoin right now if I can send them to some followers like I was able to for this Iraq War Veteran where they can exchange those for medicine. Because this is what CannabisCoin and I assume your coins are all about anyway, the patients, the community right? I would expect the time and energy spent by my coins dev team is on making the same milestones CANN already has (warehouses, live run.) They all have potential to be adopted somewhere in someway.
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Jewell
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October 21, 2014, 10:33:58 AM |
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This is very strenght, I think that now the course must rise after big dump, lost 70% his worth.
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bigblind
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October 21, 2014, 10:57:16 AM |
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This is very strenght, I think that now the course must rise after big dump, lost 70% his worth.
a good entry should be in the 2k-3k area
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ninjaskip
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October 21, 2014, 11:27:03 AM |
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This is very strenght, I think that now the course must rise after big dump, lost 70% his worth.
a good entry should be in the 2k-3k area It could take a loong time ... after a dump the coin is pretty much in no good hands but the weak.
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burnbabyburn71
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October 21, 2014, 11:31:44 AM |
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This is very strenght, I think that now the course must rise after big dump, lost 70% his worth.
a good entry should be in the 2k-3k area Did you just pull random numbers out of your arse? CANN is currently bearish, It'll be best to wait and see what happens. But right now, not a good idea to buy in, unless you feel like throwing your money away.
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Web Dev | General Graphics Design | Windows/Linux Wallet Compiles | Certified member of the BCs
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hedgy73
Legendary
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Activity: 1414
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October 21, 2014, 11:35:31 AM |
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WTF talk about a price crash, on bittrex its lost pretty much 75% - 80% in 24 hours
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trdiablo
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October 21, 2014, 11:39:00 AM |
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Is the premine confirmed or people here just panicking for no reason?
The so-called premine had to do with switching from Scrypt to X11 right?
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DeAlquezar
Newbie
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Activity: 56
Merit: 0
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October 21, 2014, 11:39:50 AM |
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I see the price and I can't believe :/ Where is the moon ? We are going to hell instead
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bigblind
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October 21, 2014, 11:40:35 AM |
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This is very strenght, I think that now the course must rise after big dump, lost 70% his worth.
a good entry should be in the 2k-3k area Did you just pull random numbers out of your arse? CANN is currently bearish, It'll be best to wait and see what happens. But right now, not a good idea to buy in, unless you feel like throwing your money away. im da great ANALyst
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LovSan
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October 21, 2014, 11:44:12 AM |
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I see the price and I can't believe :/ Where is the moon ? We are going to hell instead
Well, CANN was on moon at 16-17k sat and now it is returning back home. G-r-a-v-i-t-y.
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