crazywack
Legendary
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Merit: 1000
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August 19, 2016, 11:01:49 PM |
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10k is my target as well! Looking good today!!
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mastertrader777 (OP)
Legendary
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Activity: 1092
Merit: 1000
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August 19, 2016, 11:19:25 PM |
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Thanks to all of the supporters!
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Mr.Joker
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2016, 12:14:36 AM |
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This coin traded at 112k sat. 1000 sat is very cheap
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toeshe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2016, 12:54:47 AM Last edit: August 20, 2016, 01:10:57 AM by toeshe |
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This coin traded at 112k sat. 1000 sat is very cheap
that was before mastertrader supposely dumped premine down to double digits.but i believe he only dumped 40 percent and moved the rest.he did say he woud dump it after everyone was told and he would NOT sell it on a exchange!!! then he said he was just going to burn it then right a way said he was doing everyone a favor and sold some on bittrex down to about 89 sat. what can you do with this coin besides making it a ponsi scam? 120 percent a year and you cant do anything with it but to get a sucker to buy it? so yea 1000 sat is cheap that is the main reason there is no working block explorer. come on people wake up!!!! https://chainz.cryptoid.info/mtr
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Mr.Joker
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2016, 01:16:51 AM |
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Wallet has built in block explorer? And also if dev announced the dump for development fund and dev has no premine left anymore, it's better for the distribution
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StakeFrenzy
Newbie
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Activity: 63
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August 20, 2016, 01:23:26 AM |
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Wallet has built in block explorer? And also if dev announced the dump for development fund and dev has no premine left anymore, it's better for the distribution
The dev 'announced' the dump after he dumped it. There is no development. He dumped it to buy ETH and sell T shirts. So anyway, thanks for the opportunity to out this coin with this obvious pump and dump attempt.
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toeshe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2016, 01:24:20 AM |
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he spent the premine on a t shirt project and where is proof it is all gone switching wallets is not cashing out premine
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joinfree
Sr. Member
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Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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August 20, 2016, 02:25:07 AM |
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MTR where is you can fly ? This reminds me to EGC. devs and community cooperation will bring these coins to where it should be. BUY, HOLD and STAKE![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi68.tinypic.com%2F2uy3uxe.png&t=665&c=AqugbTu44KUQfw) it's free promotion on bittrex. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi66.tinypic.com%2Favk8xw.png&t=665&c=LoN_jgzNxg47pg)
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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jc12345
Legendary
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Activity: 1638
Merit: 1013
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August 20, 2016, 05:47:56 AM |
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This coin traded at 112k sat. 1000 sat is very cheap
that was before mastertrader supposely dumped premine down to double digits.but i believe he only dumped 40 percent and moved the rest.he did say he woud dump it after everyone was told and he would NOT sell it on a exchange!!! then he said he was just going to burn it then right a way said he was doing everyone a favor and sold some on bittrex down to about 89 sat. what can you do with this coin besides making it a ponsi scam? 120 percent a year and you cant do anything with it but to get a sucker to buy it? so yea 1000 sat is cheap that is the main reason there is no working block explorer. come on people wake up!!!! https://chainz.cryptoid.info/mtrYou have pretty much nailed it. You can perhaps just add that mastertrader says he sold the coins to get money for development. This means that he would have wanted to get maximum money for what he can sell the premine for according to logical thinking of the reasonable man test. He furthermore says he did everyone a favor by selling coins cheap when he dumped. THese are his two reasons. Firstly, after months of nothing he suddenly dumped the premine without any announcement. This means that no-one could position themselves accordingly, whether it was to get out while they can if they dont like premine being dumped or whether they wanted to place buy orders to buy the premine. By dumping the premine unannounced he filled orders at very low prices meaning he did not get maximum money for the coins he sold and therefore got much less money for development than had he announced it beforehand. So I dont think he achieved his first reason. Secondly, the only people that benefited from the selling at low prices are those that would have known the dump is coming that could place their buy orders. Since he did not tell anyone about the dump, the number of people that would have placed buy orders to sell into was reduced substantially since only he knew about it. So I think he also did not achieve his second objective. There is nothing wrong with selling premine for development purposes - that is why it is there for after all. The thing is that if a premine is to be dumped, do it transparently by informing the community so that those that want to get out while the can can do so and those that want to benefit at lower prices can and so so that the proceeds for development can be maximized. I dont think that this is an unreasonable request. The dumping of the premine whether he likes it or not killed the coin or reduced the chances of survival to about 1%.
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crazywack
Legendary
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Activity: 1148
Merit: 1000
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August 20, 2016, 07:12:52 AM |
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Now would be a great time to announce the investor, push this thing back to ICO price!
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TechSharesteam
Newbie
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August 20, 2016, 07:19:39 AM |
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Reserved
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bitwonder
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August 20, 2016, 07:24:49 AM |
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any addnode for wallet anyone ?
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8-bit-Party
Legendary
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Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
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August 20, 2016, 08:09:52 AM |
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Is it the end of this p&d?
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8-BIT PARTY 16-BIT PARTY DEMOSCENE FTW
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Mr.Joker
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August 20, 2016, 09:28:25 AM |
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Is it the end of this p&d?
No, big sell wall from whale at 1350 to supress price and buy more cheap below
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jc12345
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Activity: 1638
Merit: 1013
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August 20, 2016, 09:35:33 AM |
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Is it the end of this p&d?
There is no fundamental reason for the price to have gone up. The initial pump cost around 7BTC before the posts of a pump was made in the thread. If the person/(s) that bought at 1000-100 sats during the premine dump invested the 7BTC before the announcement was made, they could have easily made 2-5x dumping those at the higher price as the latecomers got in and the people that bought at the higher price would sit with the bags. Not a bad investment for a days work. Poor guys that bought though once it falls back to 100 sats. I might be wrong of course, but this is what it looks like on face value.
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coinfello
Legendary
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Activity: 1274
Merit: 1000
FLAT OUT!!!
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August 20, 2016, 10:01:57 AM |
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Is it the end of this p&d?
There is no fundamental reason for the price to have gone up. The initial pump cost around 7BTC before the posts of a pump was made in the thread. If the person/(s) that bought at 1000-100 sats during the premine dump invested the 7BTC before the announcement was made, they could have easily made 2-5x dumping those at the higher price as the latecomers got in and the people that bought at the higher price would sit with the bags. Not a bad investment for a days work. Poor guys that bought though once it falls back to 100 sats. I might be wrong of course, but this is what it looks like on face value. lol, u think it will fall back to 100 sat? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) good luck getting them at 100sat!
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jc12345
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Activity: 1638
Merit: 1013
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August 20, 2016, 10:08:12 AM |
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Is it the end of this p&d?
There is no fundamental reason for the price to have gone up. The initial pump cost around 7BTC before the posts of a pump was made in the thread. If the person/(s) that bought at 1000-100 sats during the premine dump invested the 7BTC before the announcement was made, they could have easily made 2-5x dumping those at the higher price as the latecomers got in and the people that bought at the higher price would sit with the bags. Not a bad investment for a days work. Poor guys that bought though once it falls back to 100 sats. I might be wrong of course, but this is what it looks like on face value. lol, u think it will fall back to 100 sat? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) good luck getting them at 100sat! You should be familiar with the altcoin scene and should know that all pumps do fall back to at least where it started from or might stagnate slightly above. I wont buy because at any time there might be another surprise unannounced premine dump to smithereens since there is still premine left. Only after all the premine has been dumped I will consider investing at higher levels. The current price is lucrative for a remainder premine dump and I don't want to be exposed. I do put a caveat in that a whale can prolong the pump. The person/(s) that bought the premine dumped at low levels made the lion share of profit of the odd 50BTC of the pump volume. If he/(they) decide to reinvest some of that it could go up again. It just depends on how high they want to take it.
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HiggsBosunBlues
Member
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August 20, 2016, 10:12:43 AM |
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good luck getting them at 100sat!
It was at a hundred or less for a very long time, with good reason too. Unlike this manipulation pump, there is no reason at all it wont head back there. This sort of scammery wont help the coin, it only adds to its mistrust. This and the underhanded premine dump by the dev.. all adds up to avoid at all costs coin. Only a fool would buy into it now at such an obvious inflated pump and dump price.
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coinfello
Legendary
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Activity: 1274
Merit: 1000
FLAT OUT!!!
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August 20, 2016, 10:13:09 AM |
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lol, up to your self. only you can make your own decisions, but this one could probably gain more momentum yet.
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coinfello
Legendary
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Activity: 1274
Merit: 1000
FLAT OUT!!!
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August 20, 2016, 10:17:50 AM |
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good luck getting them at 100sat!
It was at a hundred or less for a very long time, with good reason too. Unlike this manipulation pump, there is no reason at all it wont head back there. This sort of scammery wont help the coin, it only adds to its mistrust. This and the underhanded premine dump by the dev.. all adds up to avoid at all costs coin. Only a fool would buy into it now at such an obvious inflated pump and dump price. dont you know that majority in crypto are fools, i thought u knew that lol ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and nobody can determine if price drops or rises, we can only speculate. simple!
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