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Author Topic: Solidcoin Prices Drop to New Lows as Investors Bail Out  (Read 5610 times)
tacotime
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March 25, 2012, 07:37:44 PM
 #1

Code:
Trade history:

Date Type Price Amount (SC) Total (BTC)
25.03.12 21:13
Sell 0.006901 359.6 2.4815996
25.03.12 21:13
Sell 0.006905 19.0999 0.1318848
25.03.12 21:12
Sell 0.007 8.1 0.0567
25.03.12 21:12
Sell 0.007 143.602 1.005214
25.03.12 21:12
Sell 0.007001 84.1308 0.58899973
25.03.12 21:11
Sell 0.007003 27.9112 0.19546213
25.03.12 19:12
Sell 0.007003 12.9898 0.09096756
25.03.12 19:12
Sell 0.007004 31.4106 0.21999984
25.03.12 18:41
Sell 0.007002 40.1868 0.28138797
25.03.12 18:41
Sell 0.007003 40 0.28012
25.03.12 16:46
Sell 0.007 130.507 0.913549
25.03.12 16:46
Sell 0.007 600 4.2
25.03.12 16:38
Sell 0.007 225.891 1.581237
25.03.12 16:38
Sell 0.0075 1000 7.5
25.03.12 16:38
Sell 0.0075 1000 7.5
25.03.12 16:38
Sell 0.0075 1000 7.5
25.03.12 16:38
Sell 0.007514 3000 22.542
25.03.12 16:38
Sell 0.007518 798.828 6.0055889
25.03.12 16:38
Sell 0.0076 89.598 0.6809448
25.03.12 16:38
Sell 0.007601 160 1.21616

Solidcoin sees its first real volume in two weeks with a massive dump: http://marketscry.info/?s=scbtc&t=1000

The month of March seems to be spelling the death of SC2, with a total volume of only ~45,000 SC2 on BTC-e, most of which were SLC->BTC sell orders.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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March 25, 2012, 08:40:09 PM
 #2

Great! Just in time for my birthday!
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March 26, 2012, 12:05:13 AM
 #3

Incoming Soiledcoin sockpuppets to tell us how great their crypto-cancre is doing.

Bitcoin is backed by the full faith and credit of YouTube comments.
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March 26, 2012, 12:11:02 AM
 #4

Incoming Soiledcoin sockpuppets to tell us how great their crypto-cancre is doing.


Wait for it, wait for it.......anytime now they will flood this thread bashing BTC and LTC lol.....be patient those with popcorn! Cheesy

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March 26, 2012, 01:01:00 AM
 #5

And it's not like they can reduce the block reward any further to prop up the price.  What is it now?  Like .01 SC per block? lol

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March 26, 2012, 01:09:49 AM
 #6

And it's not like they can reduce the block reward any further to prop up the price.  What is it now?  Like .01 SC per block? lol

Good point. Maybe they will do that version update where there are no public miners just realsolid and coinhunter (each personality) mining ever other block. They can have a great 1-person-2-personality economy.

Sounds like paradise! Grin Grin Grin

███████████████████████████████████████

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███████████████████████████████████████

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March 26, 2012, 06:56:26 AM
 #7

But dont forget, Artforz and Coblee have been GPU mining every other cryptocoin from the start just to scam you all, not like we did with Reraper, we accidently found a GPU miner and of course released it in an instant instead of making thousands of coins Wink


When will we see Coinhunter begin with that to just dodge the main topic of Solidcoin finally falling into nothingness?

By the way, do we actually KNOW RealSolid is not from Germany?? He so reminds me of FDP politicians who can say despite loosing 9.9 out of 10 of their voters that the public needs them and they make germany better... And despite any evidence that they will raise to power someday...

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March 26, 2012, 07:42:22 AM
 #8


By the way, do we actually KNOW RealSolid is not from Germany?? He so reminds me of FDP politicians who can say despite loosing 9.9 out of 10 of their voters that the public needs them and they make germany better... And despite any evidence that they will raise to power someday...


Based on your logic, I would bet that he's Greek  Wink

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March 26, 2012, 08:10:17 AM
 #9

But dont forget, Artforz and Coblee have been GPU mining every other cryptocoin from the start just to scam you all, not like we did with Reraper, we accidently found a GPU miner and of course released it in an instant instead of making thousands of coins Wink


Hey dufus! Prove your statement true.

Oh right you can't.

Just stfu if you can't prove your BS. Thanks!

 Grin
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March 26, 2012, 08:16:23 AM
 #10

But dont forget, Artforz and Coblee have been GPU mining every other cryptocoin from the start just to scam you all, not like we did with Reraper, we accidently found a GPU miner and of course released it in an instant instead of making thousands of coins Wink

When will we see Coinhunter begin with that to just dodge the main topic of Solidcoin finally falling into nothingness?


Hey dufus! Prove your statement true.

Oh right you can't.

Just stfu if you can't prove your BS. Thanks!

 Grin

Think you missed the part here that I added back in perhaps you may want to re-read those lines.
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March 26, 2012, 08:40:22 AM
 #11

But dont forget, Artforz and Coblee have been GPU mining every other cryptocoin from the start just to scam you all, not like we did with Reraper, we accidently found a GPU miner and of course released it in an instant instead of making thousands of coins Wink

When will we see Coinhunter begin with that to just dodge the main topic of Solidcoin finally falling into nothingness?


Hey dufus! Prove your statement true.

Oh right you can't.

Just stfu if you can't prove your BS. Thanks!

 Grin

Think you missed the part here that I added back in perhaps you may want to re-read those lines.

My bad I missed that part. I sincerely apologize and retract my former statements.  Cheesy
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March 26, 2012, 11:13:53 AM
 #12

Apolegy accepted. You seem to be active on so many SC threads, how come YOU come to think i was a SC supporter?! Wink
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April 02, 2012, 07:19:51 AM
 #13

I'm shocked it ever caught on at all  Huh
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April 02, 2012, 10:09:59 AM
 #14

SC is certainly a dying currency.Bail out now before you lose everything you have invested in SolidCoin (scam coin). I read up on solid coin and it's more like scam coin now. Thank god I joined late where Bitcoins and Litecoin are the 2 key players. I think.

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April 02, 2012, 12:00:15 PM
 #15

I was trading SC until first contact with realsolid.... i got out some time ago lol

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April 02, 2012, 10:09:30 PM
 #16

I was trading SC until first contact with realsolid.... i got out some time ago lol

Agreed. If he had just stayed out of the community taunting and touting of his "leet" skills as a programmer the SC project would have taken off. But of course that isn't what he did did he?
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April 02, 2012, 10:14:08 PM
 #17

Solidcoin is still around?

Geez, get off the short bus and come on the party train.

Are all Solidcoin investors Cubs fans?   Because whether it's the Cubs or Solidcoin, believing in either one of them is like believing in Jesus.
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April 10, 2012, 07:09:45 PM
 #18

Solidcoin is still around?

Got me amazed also, actually...

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April 10, 2012, 08:02:37 PM
 #19

Solidcoin is still around?

Not really. Since the block reward was reduced to virtually nothing, the chain has dropped down to about a dozen miners that are just wasting electricity mining the worthless blocks.

Buy & Hold
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April 10, 2012, 08:31:41 PM
 #20

gna gna gna ya dumm btc-gais dunno a ting! Huh
conzida dem blocks lick da bitcoin genesis cunnota spent itha
ya see SC is far betta, got mora dem genesis tings!!!!shift111eleven  Cool

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April 10, 2012, 10:21:44 PM
 #21

Interesting.

I think SolidCoin price will go up some more.

Since the block reward is currently only the transaction fee and any fees that come along with some extra, there isn't much inflation.

I think it will just make it more fun to sell things for SolidCoins.

But it will be very interesting to see what happens with SolidCoin v3. Going to be more user friendly, so maybe more buyers will be out there.

Let's make some Dogecoins together! http://doge.litemoons.com:9555
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April 10, 2012, 10:36:03 PM
 #22

Interesting.

I think SolidCoin price will go up some more.

Since the block reward is currently only the transaction fee and any fees that come along with some extra, there isn't much inflation.

I think it will just make it more fun to sell things for SolidCoins.

But it will be very interesting to see what happens with SolidCoin v3. Going to be more user friendly, so maybe more buyers will be out there.

Sell all your possessions and buy SolidCoins if you believe the BS you just spouted. Grin
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April 11, 2012, 12:19:44 AM
 #23

Interesting.

I think SolidCoin price will go up some more.

Since the block reward is currently only the transaction fee and any fees that come along with some extra, there isn't much inflation.

I think it will just make it more fun to sell things for SolidCoins.

But it will be very interesting to see what happens with SolidCoin v3. Going to be more user friendly, so maybe more buyers will be out there.

Sell all your possessions and buy SolidCoins if you believe the BS you just spouted. Grin

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Let's make some Dogecoins together! http://doge.litemoons.com:9555
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April 11, 2012, 12:25:03 AM
 #24

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.
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April 11, 2012, 12:36:55 AM
 #25

Interesting.

I think SolidCoin price will go up some more.

Since the block reward is currently only the transaction fee and any fees that come along with some extra, there isn't much inflation.

I think it will just make it more fun to sell things for SolidCoins.

But it will be very interesting to see what happens with SolidCoin v3. Going to be more user friendly, so maybe more buyers will be out there.

Sell all your possessions and buy SolidCoins if you believe the BS you just spouted. Grin

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Okay so what did you say highlighted in red? Selling things for solidcoins would be fun. So then have LOTS of "fun" selling all your things.  Cheesy
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April 11, 2012, 04:02:59 AM
 #26

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.

unlike bitcoin where they'll just tell you to fuck off if you don't like it https://bitcointalk.org/index.php?topic=75157.0

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April 11, 2012, 04:42:23 AM
 #27

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.

unlike bitcoin where they'll just tell you to fuck off if you don't like it https://bitcointalk.org/index.php?topic=75157.0

i was unaware bitcoin randomly lowered its block reward to fuck all

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April 11, 2012, 04:44:58 AM
 #28

i was unaware bitcoin randomly arbitrarily lowered its block reward to fuck all

fix'd... scam coin difficulty isn't random it's arbitrary.  Grin

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April 11, 2012, 06:24:21 AM
 #29

i was unaware bitcoin randomly lowered its block reward to fuck all

i read 1/10,000th the difficulty. reading it again I still read 1/10,000th the difficulty. bitcoin difficulty is currently 1.6 million times higher than its first year. that's 1/1,600,000. what does block reward have to do with this? oh yeah, "fuck off"

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April 11, 2012, 07:45:12 AM
 #30

we will see what the price of sc will do in the future:

http://solidcointalk.org/topic/589-solidcoin-v30-major-announcement/

beginn quote
We have decided to break compatibility with v2 of SolidCoin and restart the chain with all of the existing coins. We won't be re-adding the 10 trust accounts, so the only coins at the start of the new chain will be the 2.8 million normal coins owned by everyone. This means we have also removed the trust node concept and trust blocks. We have developed an alternative 51% mining attack solution.
end quote

major problems solved with the complete new version 3 like 51-attack and the premined millions does not exist any more...
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April 11, 2012, 07:58:06 AM
 #31

we will see what the price of sc will do in the future:

http://solidcointalk.org/topic/589-solidcoin-v30-major-announcement/

beginn quote
We have decided to break compatibility with v2 of SolidCoin and restart the chain with all of the existing coins. We won't be re-adding the 10 trust accounts, so the only coins at the start of the new chain will be the 2.8 million normal coins owned by everyone. This means we have also removed the trust node concept and trust blocks. We have developed an alternative 51% mining attack solution.
end quote

major problems solved with the complete new version 3 like 51-attack and the premined millions does not exist any more...

Cant wait for version four where it makes you breakfast and then destroys it and tells you to pay for the food.

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April 11, 2012, 02:19:29 PM
 #32

For start, lets get this one simple thing straight - SLC never had any investors. Short term speculants a not investors. Enough said about that.
 
Thanks to one guy and his greed, combined with utter stupidity, SLC looks like just another epic fail in short list of alternate coins.

Do you remember those?
Tenebrix: status: dead, cause - greed and stupidity
Geist Geld - status: dead, cause - greed and stupidity
...list all your favourite scam coins here - all dead because of greed and lack of long term vision.

SLC is getting ready to follow this losers and if bitcoin (and litecoin?) are not getting its acts together, we can forget those too. So, lets hope for the best.
If no one uses your *coin in the real world, it's just another bump-and-dump scamcoin. As simple as that.
No matter how cool your client, website or miner looks - if you nor I can buy useful shit with *coin, it has no real value.
Before you start foaming about the price, remember, price is not value.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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April 11, 2012, 05:57:12 PM
 #33

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.

You realize those are unspendable, right?

Let's make some Dogecoins together! http://doge.litemoons.com:9555
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April 11, 2012, 06:00:12 PM
 #34

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.

You realize those are unspendable, right?

1) They are only unspendable until the code changes and a single person can force any changes to the code he wants.

2) Even if #1 wasn't true the "unspendable" coins are transfered to the CDF every even block where they are most certainly spendable once again by the same person.
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April 11, 2012, 06:10:09 PM
 #35


1) They are only unspendable until the code changes and a single person can force any changes to the code he wants.

2) Even if #1 wasn't true the "unspendable" coins are transfered to the CDF every even block where they are most certainly spendable once again by the same person.

Once v3 hits though, there will no longer be trust node accounts, so those coins will no longer exist.

And I don't really plan to sell anything before v3, so everything should be good.

Let's make some Dogecoins together! http://doge.litemoons.com:9555
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April 11, 2012, 06:11:10 PM
 #36

Well like I said I am sure the people who mined millions in a span of weeks will love you for taking worthless coins off their hands.

Have fun.
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April 11, 2012, 06:13:06 PM
 #37

Well like I said I am sure the people who mined millions in a span of weeks will love you for taking worthless coins off their hands.

Have fun.

How could they be "mined" if the v3 blockchain hasn't even started yet?

Let's make some Dogecoins together! http://doge.litemoons.com:9555
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April 11, 2012, 06:14:33 PM
 #38

Well like I said I am sure the people who mined millions in a span of weeks will love you for taking worthless coins off their hands.

Have fun.

How could they be "mined" if the v3 blockchain hasn't even started yet?

They were mined at the start of v2.  Still I am done.  You think it is a good investment so did hundreds of people before you who were burned.  Good luck.
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April 11, 2012, 06:30:22 PM
 #39

i was unaware bitcoin randomly lowered its block reward to fuck all

i read 1/10,000th the difficulty. reading it again I still read 1/10,000th the difficulty. bitcoin difficulty is currently 1.6 million times higher than its first year. that's 1/1,600,000. what does block reward have to do with this? oh yeah, "fuck off"

Encoin is a decent design. But why don't you implement it instead of whining about this matter all the time? Either you will be vindicated, or you will see that convoluted designs don't work so well in practice. Either Bitcoin's purity is essential, or it isn't. You need to prove the latter in order to back your criticism. Either way I think it's off-topic, because what SC2 did was worse.
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April 11, 2012, 06:48:18 PM
 #40

Encoin is a decent design. But why don't you implement it instead of whining about this matter all the time? Either you will be vindicated, or you will see that convoluted designs don't work so well in practice. Either Bitcoin's purity is essential, or it isn't. You need to prove the latter in order to back your criticism. Either way I think it's off-topic, because what SC2 did was worse.

What solidcoin did was worse for sure, but they only took a page out of the bitcoin playbook. And I'm not whining, just pointing out the hypocrisy. Encoin is beginning development; hopefully there will be some stress tests and attack tests later this year.

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April 11, 2012, 07:55:09 PM
 #41

I'm not whining, just pointing out the hypocrisy.

These statements don't make much sense without at least some degree of practical validation of your fundamental argument. Even if you could somehow make it work, it will require a considerable amount of research and development effort. How can one be hypocritical about the superiority of a method that isn't even possible yet?

As I said, you have a good idea, you should go for it. But attacking competing implementations is very premature, considering you don't have one.

What solidcoin did was worse for sure, but they only took a page out of the bitcoin playbook.

Nope. The issue is about one person changing the rules in a very top-down manner. You are trying to make this about the static generation curve. I don't think anyone ever complained about that feature of SolidCoin.
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April 11, 2012, 08:11:17 PM
 #42

These statements don't make much sense without at least some degree of practical validation of your fundamental argument. Even if you could somehow make it work, it will require a considerable amount of research and development effort. How can one be hypocritical about the superiority of a method that isn't even possible yet?

Dude what are you talking about? I didn't bring up encoin in this thread, I don't even have it linked it my sig.

Quote
As I said, you have a good idea, you should go for it. But attacking competing implementations is very premature, considering you don't have one.

I've been attacking bitcoin since before I came up with encoin. Was I not allowed to do it then without having a competing implementation? Or even a proposal for one?

Quote
Nope. The issue is about one person changing the rules in a very top-down manner. You are trying to make this about the static generation curve. I don't think anyone ever complained about that feature of SolidCoin.

I didn't say I was selling any or all of my possessions. However, I might sell some for SolidCoins.

Well the people who pre-mined 12M coins and the ones who mined in the first million coins at 1/10,000th the work per coin will thank you for the transfer of wealth.

unlike bitcoin where they'll just tell you to fuck off if you don't like it https://bitcointalk.org/index.php?topic=75157.0

static generation curve? blah blah? what? Just pointing out for the 8,000th time that D&T is so rabidly a fan of bitcoin that he just comes off as a putz. But he's probably got me on ignore again.

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April 11, 2012, 08:29:09 PM
 #43

Uh, sorry, I really don't get whether someone's trolling sometimes. Arguments retracted.
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April 13, 2012, 02:55:18 PM
 #44

I didn't read the bitcoin spec.

So that is why you are surprised the difficulty went up. Good luck with your alt-coin.



Now back on topic. Yet another block-chain restart from the SC folks. They should have named it YABRcoin.
Of course this time everything is perfect and people who criticize it are evil trolls!!! Right?  Roll Eyes

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April 13, 2012, 03:15:34 PM
 #45

I didn't read the bitcoin spec.

So that is why you are surprised the difficulty went up. Good luck with your alt-coin.

don't be a twat. I was only pointing out that I didn't bring anything like that up. AKA somebody was putting words in my mouth, like you blatantly did.

PS - there is no spec. if you want to retort with "read the whitepaper lol" I'd like you to point me exactly where the term "static generation curve" is used, or any detail of the economy at all.

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April 13, 2012, 03:58:49 PM
 #46

I didn't read the bitcoin spec.

So that is why you are surprised the difficulty went up. Good luck with your alt-coin.

Still haven't read the spec. Can someone throw me a lifeline?

No. Sorry, the Solidcoin nitwits chewed all the life preservers to bits.

Looking forward to reading your spec (which is short for specification if you did not know) of your alt coin. Until it has substance, good luck.  Grin

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April 19, 2012, 09:18:27 PM
 #47

It's funny as hell watching the lame attempts to prop up the price.

Agreed. It's happening again ever since namecoin shat on shitcoin's price.
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