Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org
by
thetorcoin
on 02/05/2017, 18:53:57 UTC
Anyone dump $6k worth of this coin today? Volume went up by 6k, price dropped. More to the point did anyone buy $6k worth of coins?
(Thats 30% increase in daily trade volume on a coin that is dropping in price by the hour, looks and smells more like sellers than buyers to me)



could be Carsen liquidating some of his remaining 30k coins?

Check: https://chainz.cryptoid.info/tor/#!wallets

Wallet 1-6 is me.  I don't see Carsen's wallets anywhere in the top 10 anymore, so maybe he has sold the remaining 30k off.

Wallet 7 is interesting - must be a big investor buying and holding.

Wallets 7 and 8 are probably exchanges, not an investor. Number 7 has 95 addresses and 8 has 43. I'm sure if you compare the transactions in those wallets with the transactions on the exchanges they will likely match up.

I think a more important question, again, is your wallet 5. On the 23rd you had a 100,000 TOR deposit, supposedly from Carsen, and on the 28th that 100,000 left your wallet. Where did it go? It left wallet 5 at 01:12 and there was a deposit into wallet 6 for 99,500 at 13:58. That's the best scenario I could come up with to explain it, but where was it for 12 hours and why is the deposit into wallet 6 for 500 less than what was transferred from wallet 5? Your promised transparency and that you would openly state anytime you move coins. Did the 500 go into faucets? Bounties? Before you only had 5 wallets, why do you need 6 now? Transparency always overrides FUD and boosts investor's confidence.

I am not in support of this cion, but I do know the dev or however you may call him paid someone 500 TOR for the creation of a faucet.

that 500 TOR went to pay the guy who made TorCoinFaucet.com

See: https://chainz.cryptoid.info/tor/#!rich

Wallets 1-4 are in cold storage and not even accessible to me without considerable effort.  Wallets 5 and 6 are running on my laptop, and used for paying bounties, hiring devs, etc etc.  As yet I have not sold one single TOR.  I may occasionally sell a few thousand TOR here or there to private buy-and-hold investors in order to pay for ads (I've already invested 30+ BTC of my own funds into advertising and development), but I will never be selling any TOR at all on the open market, you can be sure of that. If I do decide to sell 1-5k TOR, I will post the reason publicly here (for example, advertising costs on coinmarketcap or newsbtc), and I will request a private off-exchange sale.  That's full transparency. 

If you guys want, I can also post publicly here every bounty or fee that I pay in TOR to devs and contributors to the project.