Quote from: ReturnOfTheMAC on October 06, 2015, 09:19:04 PM

Quote from: TrueAnon on October 06, 2015, 05:14:14 PM

Quote from: lindeanin on October 06, 2015, 05:00:08 PM

I'm really not getting the scam sense from this coin.

If it was a scam, I would have expected to see a massive pump already or to have seen all the sells listed at some ungodly high amount as it came crashing down. It hasn't done that, it's just acting like a regular open market.

I'm tempted to buy more as long as I can get it below ICO, but like I said before I think this will start to rise as the masternode payouts continue to shrink

Same thing I was thinking...but still very weary of it given ppl involved.

The real money is in slowly buying the coin/s that any big names here aren't manipulating at the moment. They seem to pump on a cycle around a number of different coins, making money at each step of the way. When they show up and start talking up a coin - you are already too late, they have their sells spread out up the book for you to buy. The intention is that you will dump whatever 'shitcoin' you hold a bundle of - into their buy orders - in order to buy whatever coin they are talking up. It works every time as people operate on greed rather than logical thought.

The secret is going back over their post history, find the coins they still hold substantial amounts and start to accumulate them. They will use the BTC profits from there pump n dumps to 'suddenly' bolster the order book of their other coins and then engage in bot activity to bring them to the front page of Bittrex in a good light. That's when you can start to make money off their back - rather than rolling the dice with these sorts of situations.

It's never certain - but it happens this way often enough to make a tidy profit relatively safely.

Nice post.