[ANN] SMAC - Accounts have been suspended project closed

[odyjm]

https://twitter.com/SMACteam/status/582993577522806785

Correct me if I'm wrong but, isn't a buyback supposed to buy into (eat) the sell orders? For what I see the SMACteam simply put a buy order, below the ICO price ?

Are you gonna do this at each buybacK?

Excuse me but I don't understand this.

[1715673448]

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[1715673448]

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[Penn.3D]

https://twitter.com/SMACteam/status/582993577522806785

Correct me if I'm wrong but, isn't a buyback supposed to buy into (eat) the sell orders? For what I see the SMACteam simply put a buy order, below the ICO price ?

Are you gonna do this at each buybacK?

Excuse me but I don't understand this.

Yes each buyback will be in the form of a buywall at whatever the current market price of the coin is. And no, you don't understand....a buyback is not supposed to eat into the sell orders. THAT would make absolutely no sense!

Having a buywall provides support for the price. Right now, as soon as the dev puts a buy wall up, some moronic kid sells all of his coins figuring he can immediately place a lower buy order and make a profit. But that can only happen as long as dumpers have enough coins and enough will to sell to that stupid kid's lower buy wall. At some point, the dumpers no longer have the coins and/or will to sell to that stupid kid's lower buy wall and now that stupid kid that dumped into the dev's buy wall is stuck with BTC and the dev now has that stupid kid's SMAC....which is good for the dev and even more important, good for the coin (less coins floating on the market).

In fact, as I type this there is a 2 BTC order at 7000 which very well could be yesterdays dumper trying to make a profit. However, at the time of this writing, you will notice that his order is not being filled. So if indeed that 2 btc buy wall is yesterdays dumper trying to make a profit, you can see how that plan is working out for him, lol.

And of course once the buy walls become so large that the dumpers simply don't have the coins and/or the will to dump into them, then anyone who wants coins after that will either have to place a HIGHER buy wall, or alternatively they can purchase from the sell orders....either way the price starts to go up.

And once people realize that each month, SMAC is placing larger and larger buy walls on their coin, people are going to want coins in a big way (especially with such a low supply) which means ever increasing buy walls and ever increasing numbers of people buying from the sell orders.

Get it?

And that's not even taking into account phase 2 which has the potential to be equally if not more exciting than phase 1 (read the OP for details) !

Are you starting to see why some of us are so excited about this coin?

[SMAC-Media]

Are there any skilled web developers in the community? Please contact us! It will be worth your time.

[Piston Honda]

https://twitter.com/SMACteam/status/582993577522806785

Correct me if I'm wrong but, isn't a buyback supposed to buy into (eat) the sell orders? For what I see the SMACteam simply put a buy order, below the ICO price ?

Are you gonna do this at each buybacK?

Excuse me but I don't understand this.

Yes each buyback will be in the form of a buywall at whatever the current market price of the coin is. And no, you don't understand....a buyback is not supposed to eat into the sell orders. THAT would make absolutely no sense!

Having a buywall provides support for the price. Right now, as soon as the dev puts a buy wall up, some moronic kid sells all of his coins figuring he can immediately place a lower buy order and make a profit. But that can only happen as long as dumpers have enough coins and enough will to sell to that stupid kid's lower buy wall. At some point, the dumpers no longer have the coins and/or will to sell to that stupid kid's lower buy wall and now that stupid kid that dumped into the dev's buy wall is stuck with BTC and the dev now has that stupid kid's SMAC....which is good for the dev and even more important, good for the coin (less coins floating on the market).

In fact, as I type this there is a 2 BTC order at 7000 which very well could be yesterdays dumper trying to make a profit. However, at the time of this writing, you will notice that his order is not being filled. So if indeed that 2 btc buy wall is yesterdays dumper trying to make a profit, you can see how that plan is working out for him, lol.

And of course once the buy walls become so large that the dumpers simply don't have the coins and/or the will to dump into them, then anyone who wants coins after that will either have to place a HIGHER buy wall, or alternatively they can purchase from the sell orders....either way the price starts to go up.

And once people realize that each month, SMAC is placing larger and larger buy walls on their coin, people are going to want coins in a big way (especially with such a low supply) which means ever increasing buy walls and ever increasing numbers of people buying from the sell orders.

Get it?

And that's not even taking into account phase 2 which has the potential to be equally if not more exciting than phase 1 (read the OP for details) !

Are you starting to see why some of us are so excited about this coin?

game, set, match!

very nice

[Clminer]

Thanks Penn.3D, for explaining people how this is going to be one of the most succesfull altcoin, i am really supprised that people dont get this! they thought....ooohhh buy some cheap coins and dump them every month and make a few satoshi on our back, its not going to happen...

This is why i love this coin, they thought everything trough before introducing, and when it will go up, all the loyal share holders will profit...thats how it should be with every coin.. so read the freaking roadmap before asking silly questions...and if yall want to sell, you know where Bittrex is @, We the community will buy!

So now yall know that if you want to profit you need to invest and hold... thats how people do business... not trying to profit from a few satoshi thats worth nothing in the real world..

Thanks to all the loyal community holders...

Kind Regards

[SMAC-Media]

2000 SMAC Bounty to whoever finds the SMAC team a skilled web developer.

[inspirone1]

2000 SMAC Bounty to whoever finds the SMAC team a skilled web developer.

I hear crazy crypto is pretty good and he "loves" smac

[SMAC-Media]

We are very sorry we have not released newsletter yet.... we have been very busy with other things relating to SMAC. Expect newsletter this weekend.

[dadon]

We are very sorry we have not released newsletter yet.... we have been very busy with other things relating to SMAC. Expect newsletter this weekend.

No problem, im buying more now, happy easter and thanks for all the hard work so far

[dadon]

https://www.thunderclap.it/casestudies this would be cool for SMAC.
https://www.thunderclap.it/pricing the pro option looks good i would be willing to help pay for this if anybody else is interested in helping, could really bring in some fresh investors.

[odyjm]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

[Clminer]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

Thats the guy who designed SMAC.IO

[SMAC-Media]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

We had already hired him about 3 weeks ago but he just now told us that he was not up to what we were needing done. Very disappointing.

[SimkoMiner]

The price is rising very unobtrusively  Nobody wants to sell cheap. Until the wallet is staking like crazy, why would anyone sell, right? It will not take very long time when prices below 100K will become history. I remember times when DarkCoin was trading somewhere at 10-20K and I sold at about 15K few days before it was pumped somewhere above 200K and it never came back to those ridiculously cheap levels . The only reason I haven't committed suicide was damn good beer in our local pub for which it is really worth living. 

[odyjm]

I'm so glad to put a lot of small buy orders before the price surge and they all get filled lol!

put most of them between 9k and 10.5k but my best buying dip was 2200 smac @ 7.5k

thanks, dumper!

[wurstgelee]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

We had already hired him about 3 weeks ago but he just now told us that he was not up to what we were needing done. Very disappointing.

Well, what exactly do you want/need?

[SMAC-Media]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

We had already hired him about 3 weeks ago but he just now told us that he was not up to what we were needing done. Very disappointing.

Well, what exactly do you want/need?

Pretty big project... Please pm me your skype so that I can give more details.

[wurstgelee]

market is getting stronger, I love this coin, I stack non-stop!


for the web dev, I've heard that @fullhdpixel on twitter is pretty good

We had already hired him about 3 weeks ago but he just now told us that he was not up to what we were needing done. Very disappointing.

Well, what exactly do you want/need?

Pretty big project... Please pm me your skype so that I can give more details.

That's a problem - I have no skype.

[SMAC-Media]

Newsletter week 4: https://mega.co.nz/#!wJA1lRzK!FzBR5UBAgMS7vx1B_I26AYP8mrAm6axqgpQC-INWu4M

[dadon]

Newsletter week 4: https://mega.co.nz/#!wJA1lRzK!FzBR5UBAgMS7vx1B_I26AYP8mrAm6axqgpQC-INWu4M

Nice update marketplace is really that close? awesome work thank you.