Post
Topic
Board Announcements (Altcoins)
Re: [ANN]❇MTR❇MasterTraderCoin❇128K❇TOSHIDESK LLC + MSB ❇BETA LIVE❇Exchange Coming❇
by
barabbas
on 07/06/2015, 08:56:40 UTC
Hello,

I'm new to MTR. Can someone tell me what the ICO is and how I could purchase MTR through the ICO?

If you really want to know,  before you get your own knowledge to do proper research,  you have to do two things :

1.- stay as far away as you can from this one.
2.- read again #1 and follow closely.

Let me tell you a couple of things about this "coin": everything is 100% centralized and in the hands and at the whim of  the dev.

Second, he is now trying to sell you @ 120 what you can purchase for 90 in bittrex BUT be mindful of these FACTS: the price of the coin was artificially held just above 30k for weeks on volume of less than 0.50 btc per day. In other words no one was interested in the project at all and only the dev buying and selling from/to himself maintained both the price and the minimal trading volume required by bittrex before delisting and therefore killing the project. Followed so far? Ok here's the kicker: for no apparent reason, suddenly someone started buying this coin and took the price above 100 on volume of over 20, even 30 btc ... peculiarly enough just on time for the new ICO tranche. Isn't it a hoot? If you have followed this chronology you already have a rather clear and very disturbing picture in your head so no need for more details.  The red flags are evident. Now you decide if you really want that bad to part with your money. You have been warned.