LiberyOrDeath
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October 02, 2014, 10:53:22 PM |
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People , open your eyes - those who bought at ICO price are down 75%.
ICO is a gamble anyway you slice it, and it is something still experimental.
Be on the watch there are less than 5% of the alts out there that are legit. That means not more then 15-20 alts out of the total of 500+ are the real deal the rest are shit/scam coins.
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stormia
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October 02, 2014, 11:09:50 PM |
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Just to make clear, i dont accuse the dev of anything. The idea is great and value should had gained much more if handled correct.
In any case, this price drop cant be described to just bad pr. There has been no bad news and dev has delivered as promised. My simple hunch .... this coin is deliberately beeing destroyed. I watched the order book and they dont stop pushing the price down. Once they killed it we will see a clone launch but better prepared.
cough cough... IE.. cough.. The dude has made it clear that he doesn't like craigscoin and that it is a "bad investment", and he is the type of guy who likes to "prove" his points by any means possible and has done so in the past (he would repeatedly buy and sell mintcoin at a lower price than he bought it at, just to drive down the price of "competition").
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danonthehill
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October 02, 2014, 11:21:07 PM |
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Think the price is going down because the ads on the classified website are very few, and most of it is spam. So people are not using coin as it is intended and it needs some kind of spam filter. Also people are hung up on the success of the ipo, perhaps dev could work on the marketing aspect.
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3r197
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October 02, 2014, 11:31:11 PM |
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LOL. Love it!
What if Craigslist company is here and buying up the coins and then dumping.
They can't win unless we let them!!
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LiberyOrDeath
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October 02, 2014, 11:34:45 PM |
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We will trade above ICO price Pavel is doing what he promised to do. Price will catch up eventually. Might take weeks but it will go up. Even coins with nothing to compare with Craig have more value. Do you think that Craig should be worth more? Answer the question and stick to it. Don't worry. These dumps will not last forever. What differentiates this coin from 100s of others? What concrete stuff has it go to offer? Even if there is nothing new or innovative here - the dev made a mistake by making it 30 million coins - there are alts out there with similar number of coins that are worth a few 100 satoshi. Which is a reality. He could have at least made a reduced number of coins to make it more valuable - but even this wasn't though off.
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rustynailer
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October 02, 2014, 11:48:28 PM |
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So let me understand this. Dev sold 30,000,000 x 0.00001444 = 433 BTC. In return for a road map?
Does the dev have all of this BTC? Or is it being held by someone else?
With that much BTC already in his pocket, are you expecting him to do something?
What?! You kidding do you? I fulfilled every single promise I made so far. Question wasn't directed at you. I could care less of what you do or don't do with the BTC. You were handed that BTC fair and square with little progress at the time. Unless I am mistaken there is no classified ads website or actually get pics from the wallet. So people want to hand you over their money then it's on them. What impresses me is people giving you money with the expectation that things will happen soon. I mean where is the incentive for you to do that or for that matter anything since you already have the BTC. 433 of it based on calculation, I'll just leave it here http://list.craigscoin.info/To put things in perspective, you have $162K. I wouldn't move a finger if I were you I just can't do that. I can't understand how someone does that on a daily basis. Not only in Crypto btw - everywhere around me. I just can't stand it. I'm finishing my projects. That's the man's word! Do what you intend to do and f*ck all the FUD-ers. What fuders, there has only be questions asked, and not all of them questions have been answered.
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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October 02, 2014, 11:49:44 PM |
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Is there any IRC Channel for CRAIG? Any group wants to make one? I think CRAIG should start building up a community. With 400 BTC invested to it, there should be a BIG number of Investors and traders here.
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3r197
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October 03, 2014, 12:04:13 AM |
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Just to make clear, i dont accuse the dev of anything. The idea is great and value should had gained much more if handled correct.
In any case, this price drop cant be described to just bad pr. There has been no bad news and dev has delivered as promised. My simple hunch .... this coin is deliberately beeing destroyed. I watched the order book and they dont stop pushing the price down. Once they killed it we will see a clone launch but better prepared.
You make a valid point here. I have seen this before happening to one of the good potential coins out there like QBK, it went south after the ICO but the good thing is, they have a good roadmap and the coin devs are hugely focused on their deliverables since they are hugely invested on it, plus their community. And after some weeks QBK came back with confidence and look at its present price now more than 5x its ICO value. CRAIG may follow the same and better , just let the Dev focused on his original plan for this coin. I tell you this coin has HUGE Potential! And a well known name to top it off! Devs have thought this through. Cheers!
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rustynailer
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October 03, 2014, 12:06:32 AM |
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A lot of nervous investors would feel happier if you had some skin in the game and owned a large % of coins. And you dont even have to use your money, you can use ours (ico). If your not willing to invest in your own coin then why should I.
As for the ico funds. You could easily prove that all is above board by releasing your wallet address to prove that you still have the funds.
This is not fud and I am not a day trader, I am an investor who has some concerns.
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dload.1
Legendary
Offline
Activity: 994
Merit: 1004
BTC
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October 03, 2014, 12:42:12 AM |
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Just to make clear, i dont accuse the dev of anything. The idea is great and value should had gained much more if handled correct.
In any case, this price drop cant be described to just bad pr. There has been no bad news and dev has delivered as promised. My simple hunch .... this coin is deliberately beeing destroyed. I watched the order book and they dont stop pushing the price down. Once they killed it we will see a clone launch but better prepared.
You make a valid point here. I have seen this before happening to one of the good potential coins out there like QBK, it went south after the ICO but the good thing is, they have a good roadmap and the coin devs are hugely focused on their deliverables since they are hugely invested on it, plus their community. And after some weeks QBK came back with confidence and look at its present price now more than 5x its ICO value. CRAIG may follow the same and better , just let the Dev focused on his original plan for this coin. I tell you this coin has HUGE Potential! well said. i don't understand people if you are invested and don't like the way things are going then sell. the dev has been here everyday and doing his best to do his part. he can't control what the people who invested do with their coins.
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tobeaj2mer01
Legendary
Offline
Activity: 1098
Merit: 1000
Angel investor.
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October 03, 2014, 02:12:26 AM |
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Panic sell!!!!
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Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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poornamelessme
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October 03, 2014, 03:13:56 AM |
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holy shit holy shit i have never ever seen a coin dumped so fast without something bad happening the Dev is here hes talking hes working what the fuck is wrong with people
It actually occurs quite often. And usually it's due to whales eating. Whenever I see a coin being pushed down for seemingly no reason, I wonder why ... and usually if you wait a week or so, you then see why. I'm not saying that is the case here, as who knows. It could just be impatient ICO people. But when a coin dumps for seemingly no reason, it's usually either the dev dumping, or more likely whales pushing the price down to feast.
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Zebedee23
Legendary
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Activity: 2086
Merit: 1001
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October 03, 2014, 03:28:45 AM Last edit: October 03, 2014, 04:29:25 AM by Zebedee23 |
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I tell you what if that scam Archcoin goes up , iv lost all faith in crypto. Has anyone seen the site and whitepapers, its all about some stupid pyramid igloo tipee submersible dwelling that they think they can sell for 10,000 btcs a pop and share the profit. Oh and a coingen type scamcoin factory. Unbelievable people are happy to through money into that pure crap. While craig actually has something innovotive and working right now, not just promises and pure scam vapourware!!
edit: arch igloos are 100 BTC each not 10,000 , but whitepaper claims they will make 10,000 btcs a year profit from them!!! what a friggin joke!!
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sdersdf3
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October 03, 2014, 03:53:02 AM |
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I tell you what if that scam Archcoin goes up , iv lost all faith in crypto. Has anyone seen the site and whitepapers, its all about some stupid pyramid igloo tipee submersible dwelling that they think they can sell for 10,000 btcs a pop and share the profit. Oh and a coingen type scamcoin factory. Unbelievable people are happy to through money into that pure crap. While craig actually has something innovotive and working right now, not just promises and pure scam vapourware!!
what vaporware?
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Zebedee23
Legendary
Offline
Activity: 2086
Merit: 1001
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October 03, 2014, 04:26:47 AM |
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promises that they will sell 10,000 btcs worthy of silly triangle sheds a year and share the profit with investors. id say thats vaporware
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Hocapoca
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October 03, 2014, 04:43:01 AM |
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Is it worth it buying in now? I didn't think it would fall under 600 satoshi, and it's already touched 400. Feed me at 300 satoshi and I'll be satisfied
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rustynailer
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October 03, 2014, 04:46:19 AM |
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holy shit holy shit i have never ever seen a coin dumped so fast without something bad happening the Dev is here hes talking hes working what the fuck is wrong with people
It actually occurs quite often. And usually it's due to whales eating. Whenever I see a coin being pushed down for seemingly no reason, I wonder why ... and usually if you wait a week or so, you then see why. I'm not saying that is the case here, as who knows. It could just be impatient ICO people. But when a coin dumps for seemingly no reason, it's usually either the dev dumping, or more likely whales pushing the price down to feast. Or the dev and friends are selling their free coins at 100% profit no matter what the price is. Now i am not saying this is the case here.
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numbertech
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October 03, 2014, 04:57:08 AM |
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Loss 50% of investmetn. No choice but to sold. Out.
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poornamelessme
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October 03, 2014, 05:44:48 AM |
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Or the dev and friends are selling their free coins at 100% profit no matter what the price is. Now i am not saying this is the case here.
Yes. that too. I did include 'dev dumping' as another possible reason. Although a smart dev doesn't usually dump like this, at least not unless his plan is to buy back coins cheaply. Typically a dev would dump after the coin gets pumped somewhat. And then it's much better to slowly dump over time, especially as new coin stuff is released or promised (doesn't even have to do anything, just act like something is in development) ... better price overall.
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CraigsCoin (OP)
Full Member
Offline
Activity: 126
Merit: 100
CraigsCoin Dev
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October 03, 2014, 06:13:40 AM |
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Or the dev and friends are selling their free coins at 100% profit no matter what the price is. Now i am not saying this is the case here.
Yes. that too. I did include 'dev dumping' as another possible reason. Although a smart dev doesn't usually dump like this, at least not unless his plan is to buy back coins cheaply. Typically a dev would dump after the coin gets pumped somewhat. And then it's much better to slowly dump over time, especially as new coin stuff is released or promised (doesn't even have to do anything, just act like something is in development) ... better price overall. I'm not dumping anything. All I did on the market - bought back. That whole mess amazes and scares me. There is no "friends" who dump, there is none of my BTCs in ICO. People really are dumping with 50% loss...
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I ♥ CraigsCoin!
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