Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source

[silencesilence]

Don't forget every day 28 800 Vertcoin flow into the stock exchange !!!!!
And here's dump !!!
Very small part of them does't pass through the stock exchange !!!!
Maybe we'll come back around 0.00005000

Please don't start with those mining bullshits. This is a super-classical shake out that nothing has to be with the fundamentals of the coin. Weak hands that bought the other day waiting for the major breakout at 10K will be selling at a loss and will jump at XRP and other "cool" shits of the day, and so on.
That's why you should never use TA supports or tendences in crypto. MM can draw the chart he wants, TA is just for you, not for him, so don't be fooled by the chart!!!
I give VTC 3 months to pump hard from here, not really worried about daily flows.

now maybe you're nervous,

I'm saying this cause in the last two weeks, I've bought 114.5 BTC in VTC,

because "MM" will take many more vertcoins with your 115 Bitcoin 

[VultureFund]

Don't forget every day 28 800 Vertcoin flow into the stock exchange !!!!!
And here's dump !!!
Very small part of them does't pass through the stock exchange !!!!
Maybe we'll come back around 0.00005000

Please don't start with those mining bullshits. This is a super-classical shake out that nothing has to be with the fundamentals of the coin. Weak hands that bought the other day waiting for the major breakout at 10K will be selling at a loss and will jump at XRP and other "cool" shits of the day, and so on.
That's why you should never use TA supports or tendences in crypto. MM can draw the chart he wants, TA is just for you, not for him, so don't be fooled by the chart!!!
I give VTC 3 months to pump hard from here, not really worried about daily flows.

now maybe you're nervous,

I'm saying this cause in the last two weeks, I've bought 114.5 BTC in VTC,

because "MM" will take many more vertcoins with your 115 Bitcoin  

Nervous of what? If you have some patience (not years or months, just weeks), getting in VTC is actually safer and infinitely more profitable than putting my money in any bank on earth.

MM may take some VTC of weak mind traders (that is the 90% outthere), but will not take of me a single VTC. He can supress the price to 1 sat if he wants, I'm not gonna sell a single VTC under 50K at least.

Besides that, it's really funny and educative to watch how things happen. Everything gets clearer when you think about weeks, and not days or hours.

[Johnny00]

What is the benefit of this coin? Why would people use this?

[etang6000]

Capitulation is GOOD guys! Think about it from the market makers perspective.

Assume you are the MM, do you want me to make money?

No, because when I make money that is profit that you, the MM, didn't get and the whole purpose of being an MM is to maximize profit. Therefore, you need to manipulate the market into conditions that will fuck with the other traders mind to make them want to dump their bags and an MM can accomplish this in two ways. One way is to wait. Wait for a long time and over that course of time weaker hands will drop out. The other choice is to manipulate the market, which is what I believe we are seeing right now. However Vert is in a special spot right now because we are still hovering around the ATL. The MM knows he cant shake us out by bring the price down because most of us got in at a price that if he brought it to 1 sat then we would still hold.

So, if the MM cant bring the price lower how can he get more coins? Well what they are doing now is propping up price a little bit and trying to force you into taking a small profit as opposed to sticking in for the big run. A half ass-ed pump is the only way he can get us to capitulate out of frustration with VTC. This is why we are seeing this price action this past week IMO.

The big run feels like it is right around the corner and I hope we can all outlast this MM and celebrate at 200k 

True, but consider another option too:

New money, coming from recent profits from other coins, or coming from outside crypto, is entering VTC in a hurry, by market buying large orders. The MM, who doesn't want to pump yet, is trying by all means to keep the price low, expecting people to join in other pumps and sell their VTC.

What will happen is that if this new money keeps coming, the MM will be "forced" to pump or at least stop selling, cause if not he will lose his power at actual prices, and I'm sure he doesn't want that.

I'm saying this cause in the last two weeks, I've bought 114.5 BTC in VTC, and I'm seeing that MM is getting nervous, cause I'm not the only one who's buying VTC in a large way.

This is also very true. I didn't consider the fact that MM might be running multiple markets, and pumping other coins is another great way to try and shake out folks, especially the new money.

After researching ETH some more , they're going POS sometime soon , so that mining power is going to have to go somewhere

May I ask what yourr are insinuating? Are you expecting that mining power to move to vert?

Not necessarily all of it , but it would be nice . Used GPU's don't bring in big bucks and it hasn't been long enough for a lot of people to ROI

[aamarket]

What do you mean by "Everything gets clearer when you think about weeks, and not days or hours." regarding VTC ?
I see only a fall https://poloniex.com/exchange#btc_vtc

[Wompa]

Maybe he's trying to pump it so he can sell his position.

[coninn]

Maybe he's trying to pump it so he can sell his position.

The important thing is that vert is alive, and it is nice to see people talking about vert. Silence is not god.

[griffen1102]

What do you mean by "Everything gets clearer when you think about weeks, and not days or hours." regarding VTC ?
I see only a fall https://poloniex.com/exchange#btc_vtc

Nothing just keeps on going up. Every market grows in "legs" or periods of time when the market goes up, then comes back down to consolidate and find the new support. This is a 50% retrace which is mostly regarded as healthy after a leg up.



When he says think about weeks not days, I believe he is just saying have patience. Look at this 1W chart of VTC. The market structure is very similar to the market structure right before a big rise. If anything, take from this that VTC is boring until it isn't, and its been boring for a while.

Maybe he's trying to pump it so he can sell his position.

No point, there no profit yet.

[MightSellIt]

Or maybe this was the last exit pump, I would say its smarter to sell when everyone is so bullish

[VertyCoiny]

Or maybe this was the last exit pump, I would say its smarter to sell when everyone is so bullish

You think the MM is nuts? Accumulation period that has taken ages and now pump to 9k and then dump? Cmon use the goddamn brains

[griffen1102]

Or maybe this was the last exit pump, I would say its smarter to sell when everyone is so bullish

Sound advice, but everyone isn't bullish. You're here and you constantly make the bear arguement, although with out any charts/general rational, very frequently.

[VultureFund]

Or maybe this was the last exit pump, I would say its smarter to sell when everyone is so bullish

Exit pump?

Do you even know how an exit pump looks like? Watch the NAUT chart and learn, THAT is an exit pump.

Your ignorance annoys me flyes.

REALLY, JUST LEAVE YOUR VTC IN YOUR WALLET AS IT WAS A BANK DEPOSIT, DO OTHER THINGS, AND COME BACK IN SOME MONTHS. YOU'LL GET MINIMUM A +500% AND YOU WON'T HAVE TO DO A SHIT!!!

IT'S SO DIFFICULT TO DO THAT?¿?¿?

[Crypto Investor]

A lot of people are angry....

Sorry Guys I stopped that pump   

[coninn]

A lot of people are angry....

Sorry Guys I stopped that pump   

That is the Guy, get him ... hehehe

[etang6000]

A lot of people are angry....

Sorry Guys I stopped that pump   

That is the Guy, get him ... hehehe

Get the pitch forks !

[aamarket]

Wow - VultureFund looks like really angry investor

[mega]

Apparently a lot of people are only after the quick buck.

I can't say I am not disappointed, however I kinda feel good about it.

My bag is still growing btw

[MightSellIt]

Told ya pump is over

[antho281]

CoinQuarry : New Pool for Vertcoin
A new mining pool has been added to CoinQuarry!
It is now possible to mine Vertcoin (VTC)!



You can access it @ vtc.coinquarry.org

To Retweet : https://twitter.com/mineumproject/status/777487725624758272

Thanks a lot!

Antho281
MINEUM Project

[griffen1102]

Told ya pump is over

he's right, dump it boys.